Market Analysts see Teva- Pharmaceutical Industries Ltd. ADR [TEVA] gaining to $20. Time to buy?

Teva- Pharmaceutical Industries Ltd. ADR [NYSE: TEVA] closed the trading session at $16.99.

The stocks have a year to date performance of 62.74 percent and weekly performance of -0.64 percent. The stock has been moved at 36.36 percent over the last six months. The stock has performed 1.01 percent around the most recent 30 days and changed 20.67 percent over the most recent 3-months.

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If compared to the average trading volume of 10.34M shares, TEVA reached to a volume of 12076512 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Teva- Pharmaceutical Industries Ltd. ADR [TEVA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TEVA shares is $21.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TEVA stock is a recommendation set at 1.64. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Argus have made an estimate for Teva- Pharmaceutical Industries Ltd. ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 10, 2024. The new note on the price target was released on March 08, 2024, representing the official price target for Teva- Pharmaceutical Industries Ltd. ADR stock. Previously, the target price had yet another raise from $12 to $19, while Piper Sandler kept a Overweight rating on TEVA stock. On January 23, 2024, analysts increased their price target for TEVA shares from 10 to 14.

The Average True Range (ATR) for Teva- Pharmaceutical Industries Ltd. ADR is set at 0.61, with the Price to Sales ratio for TEVA stock in the period of the last 12 months amounting to 1.18. The Price to Book ratio for the last quarter was 3.03, with the Price to Cash per share for the same quarter was set at 1.99. Price to Free Cash Flow for TEVA in the course of the last twelve months was 9.28 with Quick ratio for the last quarter at 0.59.

TEVA stock trade performance evaluation

Teva- Pharmaceutical Industries Ltd. ADR [TEVA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.64. With this latest performance, TEVA shares gained by 1.01% in over the last four-week period, additionally plugging by 36.36% over the last 6 months – not to mention a rise of 83.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TEVA stock in for the last two-week period is set at 52.27, with the RSI for the last a single of trading hit 51.81, and the three-weeks RSI is set at 52.89 for Teva- Pharmaceutical Industries Ltd. ADR [TEVA]. The present Moving Average for the last 50 days of trading for this stock 16.79, while it was recorded at 17.01 for the last single week of trading, and 13.14 for the last 200 days.

Teva- Pharmaceutical Industries Ltd. ADR [TEVA]: An insightful look at the core fundamentals

Teva- Pharmaceutical Industries Ltd. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.59 and a Current Ratio set at 0.89.

Earnings per share (EPS) analysis for Teva- Pharmaceutical Industries Ltd. ADR [TEVA] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TEVA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Teva- Pharmaceutical Industries Ltd. ADR go to 1.60%.

Teva- Pharmaceutical Industries Ltd. ADR [TEVA]: Institutional Ownership

The top three institutional holders of TEVA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in TEVA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in TEVA stock with ownership which is approximately 5.1238%.