Lilly(Eli) & Co [NYSE: LLY] stock went on an upward path that rose over 3.35% on Thursday, amounting to a one-week price increase of more than 5.73%.
Over the last 12 months, LLY stock rose by 23.25%. The one-year Lilly(Eli) & Co stock forecast points to a potential upside of 13.15. The average equity rating for LLY stock is currently 1.58, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $826.26 billion, with 950.22 million shares outstanding and 850.61 million shares in the current float. Compared to the average trading volume of 3.98M shares, LLY stock reached a trading volume of 7103909 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 $1002.16 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.
BofA Securities have made an estimate for Lilly(Eli) & Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 10, 2024. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Outperform. The new note on the price target was released on November 15, 2024, representing the official price target for Lilly(Eli) & Co stock. Previously, the target price had yet another raise to $1100, while Bernstein analysts kept a Outperform rating on LLY stock.
The Average True Range (ATR) for Lilly(Eli) & Co is set at 23.58, with the Price to Sales ratio for LLY stock in the period of the last 12 months amounting to 20.22. The Price to Book ratio for the last quarter was 58.08, with the Price to Cash per share for the same quarter was set at 3.71. Price to Free Cash Flow for LLY in the course of the last twelve months was 590.27 with Quick ratio for the last quarter at 0.97.
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 5.73. With this latest performance, LLY shares gained by 13.76% in over the last four-week period, additionally plugging by 9.73% over the last 6 months – not to mention a rise of 23.25% 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 70.09, with the RSI for the last a single of trading hit 77.51, and the three-weeks RSI is set at 64.57 for Lilly(Eli) & Co [LLY]. The present Moving Average for the last 50 days of trading for this stock 788.23, while it was recorded at 832.03 for the last single week of trading, and 842.26 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 0.97 and a Current Ratio set at 1.27.
Lilly[Eli] & Co [LLY] Institutonal Ownership Details
There are presently around $83.25%, or 83.38%% 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%.
