Royalty Pharma plc [NASDAQ: RPRX] gained 0.61% or 0.19 points to close at $31.45 with a heavy trading volume of 3094835 shares.
The daily chart for RPRX points out that the company has recorded 14.53% gains over the past six months.
If we look at the average trading volume of 3.65M shares, RPRX reached to a volume of 3094835 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Royalty Pharma plc [RPRX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RPRX shares is $40.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RPRX stock is a recommendation set at 1.44. 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.
UBS have made an estimate for Royalty Pharma plc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 03, 2024. While these analysts kept the previous recommendation, UBS raised their target price to Buy. The new note on the price target was released on June 14, 2022, representing the official price target for Royalty Pharma plc stock. Previously, the target price had yet another raise to $53, while Scotiabank analysts kept a Sector Outperform rating on RPRX stock.
The Average True Range (ATR) for Royalty Pharma plc is set at 0.64, with the Price to Sales ratio for RPRX stock in the period of the last 12 months amounting to 8.18. The Price to Book ratio for the last quarter was 2.04, with the Price to Cash per share for the same quarter was set at 1.69. Price to Free Cash Flow for RPRX in the course of the last twelve months was 6.56 with Quick ratio for the last quarter at 1.54.
Trading performance analysis for RPRX stock
Royalty Pharma plc [RPRX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.56. With this latest performance, RPRX shares gained by 21.71% in over the last four-week period, additionally plugging by 14.53% over the last 6 months – not to mention a rise of 11.92% 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 RPRX stock in for the last two-week period is set at 71.24, with the RSI for the last a single of trading hit 69.21, and the three-weeks RSI is set at 70.18 for Royalty Pharma plc [RPRX]. The present Moving Average for the last 50 days of trading for this stock 27.59, while it was recorded at 31.44 for the last single week of trading, and 27.50 for the last 200 days.
Royalty Pharma plc [RPRX]: A deeper dive into fundamental analysis
Royalty Pharma plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.54 and a Current Ratio set at 1.54.
Royalty Pharma plc [RPRX]: An earnings per share (EPS) analysis
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 RPRX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Royalty Pharma plc go to 3.60%.
An analysis of Institutional ownership at Royalty Pharma plc [RPRX]
There are presently around $72.49%, or 83.48%% of RPRX stock, in the hands of institutional investors. The top three institutional holders of RPRX stocks are: MORGAN STANLEY with ownership of 44.13 million shares, which is approximately 9.8375%. VANGUARD GROUP INC, holding 38.02 million shares of the stock with an approximate value of $$1.0 billion in RPRX stocks shares; and VANGUARD GROUP INC, currently with $$735.37 million in RPRX stock with ownership which is approximately 6.2161%.
