NASDAQ:ALKS Alkermes (ALKS) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free ALKS Stock Alerts $24.15 -0.44 (-1.79%) (As of 10:27 AM ET) Add Compare Share Share Today's Range$24.15▼$24.4650-Day Range$23.76▼$30.2452-Week Range$22.01▼$33.71Volume54,911 shsAverage Volume1.87 million shsMarket Capitalization$4.09 billionP/E Ratio9.55Dividend YieldN/APrice Target$35.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Alkermes alerts: Email Address Alkermes MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside46.5% Upside$35.38 Price TargetShort InterestHealthy7.99% of Shares Sold ShortDividend StrengthN/ASustainability-1.17Upright™ Environmental ScoreNews Sentiment0.16Based on 17 Articles This WeekInsider TradingSelling Shares$292,718 Sold Last QuarterProj. Earnings Growth-15.90%From $2.39 to $2.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.85 out of 5 starsMedical Sector36th out of 903 stocksPharmaceutical Preparations Industry10th out of 420 stocks 4.3 Analyst's Opinion Consensus RatingAlkermes has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageAlkermes has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Alkermes' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.99% of the outstanding shares of Alkermes have been sold short.Short Interest Ratio / Days to CoverAlkermes has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Alkermes has recently decreased by 5.72%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAlkermes does not currently pay a dividend.Dividend GrowthAlkermes does not have a long track record of dividend growth. Previous Next 4.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlkermes has received a 60.90% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Clinical research services for physical health", "Antipsychotics", and "Basic medical research services" products. See details.Environmental SustainabilityThe Environmental Impact score for Alkermes is -1.17. Previous Next 1.8 News and Social Media Coverage News SentimentAlkermes has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Alkermes this week, compared to 6 articles on an average week.Search InterestOnly 1 people have searched for ALKS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Alkermes to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alkermes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $292,718.00 in company stock.Percentage Held by InsidersOnly 4.76% of the stock of Alkermes is held by insiders.Percentage Held by Institutions95.21% of the stock of Alkermes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Alkermes' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Alkermes are expected to decrease by -15.90% in the coming year, from $2.39 to $2.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alkermes is 9.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Alkermes is 9.55, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 180.81.Price to Earnings Growth RatioAlkermes has a PEG Ratio of 0.64. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAlkermes has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Alkermes' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsThe Weight Loss Pill That Could Disrupt a $32 Billion IndustryA revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.Don't miss out on the "next Ozempic" >>> About Alkermes Stock (NASDAQ:ALKS)Alkermes plc, a biopharmaceutical company, researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in therapeutic areas in the United States, Ireland, and internationally. It has a portfolio of proprietary commercial products for the treatment of alcohol dependence, opioid dependence, schizophrenia and bipolar I disorder and a pipeline of clinical and preclinical product candidates in development for neurological disorders. Its marketed products include ARISTADA, an intramuscular injectable suspension for the treatment of schizophrenia; ARISTADA INITIO for the treatment of schizophrenia in adults; VIVITROL for the treatment of alcohol and prevention of opioid dependence; and LYBALVI, an oral atypical antipsychotic drug candidate for the treatment of adults with schizophrenia and bipolar I disorder. It has collaboration agreements primarily with Janssen Pharmaceutica N.V., Janssen Pharmaceutica Inc, and Janssen Pharmaceutica International. The company also offers proprietary technology platforms to third parties to enable them to develop, commercialize, and manufacture products. Alkermes plc was founded in 1987 and is headquartered in Dublin, Ireland.Read More ALKS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALKS Stock News HeadlinesMay 6, 2024 | americanbankingnews.comAlkermes plc (NASDAQ:ALKS) Expected to Post Q1 2025 Earnings of $0.43 Per ShareMay 5, 2024 | americanbankingnews.comStockNews.com Downgrades Alkermes (NASDAQ:ALKS) to HoldMay 8, 2024 | Behind the Markets (Ad)Fidelity, Bezos, Goldman Bet Big on Tiny BiotechAre you ready for a major shift in the investment world? There's a new drug The Wall Street Journal is calling the "King Kong" of drugs.May 4, 2024 | americanbankingnews.comAlkermes (NASDAQ:ALKS) Stock Rating Reaffirmed by HC WainwrightMay 3, 2024 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Hold Rating on Alkermes (ALKS)May 2, 2024 | markets.businessinsider.comAlkermes Buy Rating Affirmed on Strong Commercial Performance and Promising Drug PipelineMay 2, 2024 | markets.businessinsider.com7 Analysts Assess Alkermes: What You Need To KnowMay 2, 2024 | markets.businessinsider.comMaintaining Hold on Alkermes Amidst Modest Q1 Performance and Pipeline ProspectsMay 8, 2024 | Behind the Markets (Ad)Fidelity, Bezos, Goldman Bet Big on Tiny BiotechAre you ready for a major shift in the investment world? There's a new drug The Wall Street Journal is calling the "King Kong" of drugs.May 2, 2024 | markets.businessinsider.comAlkermes Hold Rating Justified by Mixed Financial Performance and Uncertain Pipeline ProspectsMay 2, 2024 | prnewswire.comAlkermes plc Completes Sale of Athlone, Ireland Facility to Novo NordiskMay 1, 2024 | investorplace.comALKS Stock Earnings: Alkermes Misses EPS, Misses Revenue for Q1 2024May 1, 2024 | seekingalpha.comAlkermes plc 2024 Q1 - Results - Earnings Call PresentationMay 1, 2024 | markets.businessinsider.comAlkermes plc Q1 Earnings SummaryMay 1, 2024 | prnewswire.comAlkermes plc Reports First Quarter 2024 Financial ResultsApril 30, 2024 | americanbankingnews.comAlkermes plc (NASDAQ:ALKS) Short Interest UpdateApril 30, 2024 | americanbankingnews.comAlkermes plc (NASDAQ:ALKS) Receives Average Recommendation of "Moderate Buy" from AnalystsApril 30, 2024 | benzinga.comAlkermes Stock (NASDAQ:ALKS), Quotes and News SummaryApril 29, 2024 | americanbankingnews.comAlkermes (ALKS) Set to Announce Quarterly Earnings on WednesdayApril 24, 2024 | finance.yahoo.comAlkermes Announces Initiation of Vibrance-1 Phase 2 Study Evaluating ALKS 2680 for the Treatment of Narcolepsy Type 1April 17, 2024 | prnewswire.comAlkermes to Report First Quarter Financial Results on May 1, 2024April 17, 2024 | finance.yahoo.comAlkermes (ALKS) Earnings Expected to Grow: What to Know Ahead of Q1 ReleaseApril 12, 2024 | markets.businessinsider.comHold Rating on Alkermes Amid Promising ALKS 2680 Data and Regulatory ChallengesApril 11, 2024 | investing.comJefferies raises Alkermes stock target on positive OX2 dataApril 10, 2024 | markets.businessinsider.comBuy Rating Affirmed for Alkermes on Promising ALKS 2680 Clinical Trial Results and Growth PotentialApril 9, 2024 | markets.businessinsider.comBreaking Down Alkermes: 5 Analysts Share Their ViewsApril 9, 2024 | msn.comAlkermes posts early-stage win for sleeping disorder therapy (update)See More Headlines Receive ALKS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alkermes and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today5/08/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryBiotechnology Current SymbolNASDAQ:ALKS CUSIPG0176710 CIK1520262 Webwww.alkermes.com Phone(531) 772-8000Fax781-890-0524Employees2,100Year Founded1987Price Target and Rating Average Stock Price Target$35.38 High Stock Price Target$50.00 Low Stock Price Target$25.00 Potential Upside/Downside+43.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$2.53 Trailing P/E Ratio9.72 Forward P/E Ratio10.29 P/E Growth0.64Net Income$355.76 million Net Margins25.17% Pretax Margin27.79% Return on Equity20.31% Return on Assets11.85% Debt Debt-to-Equity Ratio0.23 Current Ratio3.20 Quick Ratio2.77 Sales & Book Value Annual Sales$1.73 billion Price / Sales2.41 Cash Flow$2.32 per share Price / Cash Flow10.60 Book Value$7.21 per share Price / Book3.41Miscellaneous Outstanding Shares169,221,000Free Float160,946,000Market Cap$4.16 billion OptionableOptionable Beta0.61 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Richard F. Pops (Age 62)Chairman & CEO Comp: $2.61MMr. Blair C. Jackson (Age 51)Interim Principal Financial Officer, Executive VP, Chief Risk Officer & COO Comp: $1.17MMr. David Joseph Gaffin (Age 52)Executive VP, Chief Legal Officer, Chief Compliance Officer & Secretary Comp: $1.15MMr. Iain Michael Brown (Age 55)Senior VP & CFO (Leave of Absence) Comp: $950.88kDr. Craig C. Hopkinson M.D. (Age 56)Executive VP of Research & Development and Chief Medical Officer Comp: $1.24MDr. Floyd E. Bloom M.D. (Age 87)Founder Comp: $57.73kMr. Samuel J. Parisi (Age 49)Interim Principal Accounting Officer & VP of Finance Mr. Thomas HarveyChief Information Officer & Senior VP of ITMs. Sandra CoombsSenior Vice President of Corporate Affairs & Investor RelationsMr. Stephen SchiavoSenior Vice President of Human ResourcesMore ExecutivesKey CompetitorsMadrigal PharmaceuticalsNASDAQ:MDGLEidos TherapeuticsNASDAQ:EIDXAmicus TherapeuticsNASDAQ:FOLDGeronNASDAQ:GERNIonis PharmaceuticalsNASDAQ:IONSView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Sold 1,953 shares on 5/8/2024Ownership: 0.061%Illinois Municipal Retirement FundBought 97,420 shares on 5/7/2024Ownership: 0.058%Susquehanna Fundamental Investments LLCBought 86,440 shares on 5/7/2024Ownership: 0.051%Sei Investments Co.Bought 7,178 shares on 5/7/2024Ownership: 0.046%SG Americas Securities LLCSold 16,388 shares on 5/7/2024Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions ALKS Stock Analysis - Frequently Asked Questions Should I buy or sell Alkermes stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alkermes in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ALKS shares. View ALKS analyst ratings or view top-rated stocks. What is Alkermes' stock price target for 2024? 10 Wall Street analysts have issued twelve-month price objectives for Alkermes' stock. Their ALKS share price targets range from $25.00 to $50.00. On average, they predict the company's stock price to reach $35.38 in the next year. This suggests a possible upside of 46.5% from the stock's current price. View analysts price targets for ALKS or view top-rated stocks among Wall Street analysts. How have ALKS shares performed in 2024? Alkermes' stock was trading at $27.74 at the beginning of the year. Since then, ALKS shares have decreased by 12.9% and is now trading at $24.15. View the best growth stocks for 2024 here. Are investors shorting Alkermes? Alkermes saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 13,520,000 shares, a decrease of 5.7% from the March 31st total of 14,340,000 shares. Based on an average trading volume of 1,970,000 shares, the days-to-cover ratio is currently 6.9 days. View Alkermes' Short Interest. When is Alkermes' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our ALKS earnings forecast. How were Alkermes' earnings last quarter? Alkermes plc (NASDAQ:ALKS) announced its earnings results on Wednesday, May, 1st. The company reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.58 by $0.15. The business had revenue of $350.37 million for the quarter, compared to the consensus estimate of $360.26 million. Alkermes had a net margin of 25.17% and a trailing twelve-month return on equity of 20.31%. Alkermes's revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.10) earnings per share. What ETFs hold Alkermes' stock? ETFs with the largest weight of Alkermes (NASDAQ:ALKS) stock in their portfolio include Subversive Mental Health ETF (SANE), AdvisorShares Psychedelics ETF (PSIL), iShares Neuroscience and Healthcare ETF (IBRN), Invesco S&P SmallCap Health Care ETF (PSCH), Horizon Kinetics Medical ETF (MEDX), First Trust NYSE Arca Biotechnology Index Fund (FBT), ALPS Medical Breakthroughs ETF (SBIO) and Pacer US Small Cap Cash Cows 100 ETF (CALF). How will Alkermes' stock buyback program work? Alkermes announced that its Board of Directors has approved a stock repurchase program on Thursday, February 15th 2024, which permits the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 8.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued. What guidance has Alkermes issued on next quarter's earnings? Alkermes issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of 2.800-2.800 for the period, compared to the consensus earnings per share estimate of 2.740. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion. What is Richard F. Pops' approval rating as Alkermes' CEO? 119 employees have rated Alkermes Chief Executive Officer Richard F. Pops on Glassdoor.com. Richard F. Pops has an approval rating of 84% among the company's employees. What other stocks do shareholders of Alkermes own? Based on aggregate information from My MarketBeat watchlists, some companies that other Alkermes investors own include Gilead Sciences (GILD), Netflix (NFLX), Pfizer (PFE), NVIDIA (NVDA), AbbVie (ABBV), Starbucks (SBUX), Intel (INTC), Johnson & Johnson (JNJ) and Tesla (TSLA). Who are Alkermes' major shareholders? Alkermes' stock is owned by a variety of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (0.58%), Rice Hall James & Associates LLC (0.24%), BNP Paribas Financial Markets (0.14%), LSV Asset Management (0.13%), Los Angeles Capital Management LLC (0.09%) and Texas Permanent School Fund Corp (0.09%). Insiders that own company stock include Blair Curtis Jackson, Cato T Laurencin, Christian Todd Nichols, Craig C Hopkinson, Craig C Hopkinson, David Joseph Gaffin, David W Anstice, Emily Peterson Alva, Michael J Landine, Nancy Wysenski, Richard F Pops, Shane Cooke and Wendy L Dixon. View institutional ownership trends. How do I buy shares of Alkermes? Shares of ALKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Alkermes have any subsidiaries? The following companies are subsidiares of Alkermes: Rodin Therapeutics.Read More This page (NASDAQ:ALKS) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaShocking: One AI startup's revenue could surge 4,735%Manward PressAI “wealth window” is closing June 25thParadigm PressClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsGold Set to EXPLODE!Gold Safe ExchangeThe #1 lithium battery stock to have on your radar in 2024!Smallcaps DailyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alkermes plc Please log in to your account or sign up in order to add this asset to your watchlist. 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