In yesterday’s Wall Street session, Lilly(Eli) & Co (NYSE:LLY) shares traded at $797.45, up 2.71% from the previous session.
LLY stock price is now -11.24% away from the 50-day moving average and -3.94% away from the 200-day moving average. The market capitalization of the company currently stands at $757.03B.
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With the price target of $1100, Bernstein recently initiated with Outperform rating for Lilly(Eli) & Co (NYSE: LLY). , while ‘Deutsche Bank’ rates the stock as ‘Buy’
In other news, LILLY ENDOWMENT INC, 10% Owner sold 24,084 shares of the company’s stock on Sep 03 ’24. The stock was sold for $23,281,840 at an average price of $966.69. Upon completion of the transaction, the 10% Owner now directly owns 96,891,978 shares in the company, valued at $77.27 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 27 ’24, 10% Owner LILLY ENDOWMENT INC sold 24,552 shares of the business’s stock. A total of $23,777,668 was realized by selling the stock at an average price of $968.46. This leaves the insider owning 96,916,062 shares of the company worth $77.29 billion. A total of 10.39% of the company’s stock is owned by insiders.
During the past 12 months, Lilly(Eli) & Co has had a low of $561.65 and a high of $972.53. As of last week, the company has a debt-to-equity ratio of 2.19, a current ratio of 1.27, and a quick ratio of 0.97. According to the stock market information, the enterprise value for the company is $744952299520, which is based on a 87.23 price-to-earnings ratio, a 2.58 price-to-earnings-growth ratio, and a beta of 0.41. The fifty day moving average price for LLY is $901.4278 and a two-hundred day moving average price translates $829.3478 for the stock.
The latest earnings results from Lilly(Eli) & Co (NYSE: LLY) was released for 2024-09-30. The net profit margin was 20.48% and return on equity was 65.75% for LLY. The company reported revenue of $11.44 billion for the quarter, compared to $9.5 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.43 percent.
