Lilly(Eli) & Co [NYSE: LLY] stock went on an upward path that rose over 1.53% on Thursday, amounting to a one-week price increase of more than 2.44%.
Over the last 12 months, LLY stock rose by 56.02%. The one-year Lilly(Eli) & Co stock forecast points to a potential upside of 7.2. The average equity rating for LLY stock is currently 1.58, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $888.67 billion, with 949.38 million shares outstanding and 851.73 million shares in the current float. Compared to the average trading volume of 3.20M shares, LLY stock reached a trading volume of 2509069 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Lilly[Eli] & Co [LLY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LLY shares is $1007.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LLY stock is a recommendation set at 1.58. 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.
Deutsche Bank have made an estimate for Lilly(Eli) & Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 12, 2024. The new note on the price target was released on February 21, 2024, representing the official price target for Lilly(Eli) & Co stock. Previously, the target price had yet another raise from $805 to $950, while Morgan Stanley kept a Overweight rating on LLY stock. On December 21, 2023, analysts decreased their price target for LLY shares from 660 to 610.
The Average True Range (ATR) for Lilly(Eli) & Co is set at 25.40, with the Price to Sales ratio for LLY stock in the period of the last 12 months amounting to 22.83. The Price to Book ratio for the last quarter was 65.55, with the Price to Cash per share for the same quarter was set at 3.54. Price to Free Cash Flow for LLY in the course of the last twelve months was 3447.13 with Quick ratio for the last quarter at 0.87.
LLY Stock Performance Analysis:
Lilly(Eli) & Co [LLY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.44. With this latest performance, LLY shares gained by 2.97% in over the last four-week period, additionally plugging by 23.38% over the last 6 months – not to mention a rise of 56.02% 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 LLY stock in for the last two-week period is set at 55.65, with the RSI for the last a single of trading hit 55.88, and the three-weeks RSI is set at 55.59 for Lilly(Eli) & Co [LLY]. The present Moving Average for the last 50 days of trading for this stock 895.65, while it was recorded at 913.63 for the last single week of trading, and 772.05 for the last 200 days.
Insight into Lilly[Eli] & Co Fundamentals:
Lilly(Eli) & Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.87 and a Current Ratio set at 1.11.
LLY Stock EPS
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 LLY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lilly(Eli) & Co go to 72.95%.
Lilly[Eli] & Co [LLY] Institutonal Ownership Details
There are presently around $83.53%, or 83.66%% of LLY stock, in the hands of institutional investors. The top three institutional holders of LLY stocks are: LILLY ENDOWMENT INC with ownership of 97.37 million shares, which is approximately 10.809%. VANGUARD GROUP INC, holding 73.86 million shares of the stock with an approximate value of $$66.87 billion in LLY stocks shares; and VANGUARD GROUP INC, currently with $$59.62 billion in LLY stock with ownership which is approximately 7.3109%.
