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NASDAQ:ALKS

Alkermes (ALKS) Stock Price, News & Analysis

$24.29
+0.06 (+0.25%)
(As of 07/5/2024 ET)
Today's Range
$24.14
$24.45
50-Day Range
$23.21
$25.05
52-Week Range
$22.01
$32.88
Volume
789,495 shs
Average Volume
1.76 million shs
Market Capitalization
$4.11 billion
P/E Ratio
9.60
Dividend Yield
N/A
Price Target
$36.50

Alkermes MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
50.3% Upside
$36.50 Price Target
Short Interest
Bearish
7.07% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.17
Upright™ Environmental Score
News Sentiment
1.18mentions of Alkermes in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-7.49%
From $2.27 to $2.10 Per Share

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.

4.42 out of 5 stars

Medical Sector

96th out of 879 stocks

Pharmaceutical Preparations Industry

29th out of 418 stocks

ALKS stock logo

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.

ALKS Stock Price History

ALKS Stock News Headlines

Tiny Defense Firm Set for Huge Gains with New US Contract
One tiny defense firm just won a groundbreaking US military contract… That could hand early investors gains of up to 35,960%.
Tiny Defense Firm Set for Huge Gains with New US Contract
One tiny defense firm just won a groundbreaking US military contract… That could hand early investors gains of up to 35,960%.
6 Analysts Assess Alkermes: What You Need To Know
Stifel Nicolaus Reaffirms Their Hold Rating on Alkermes (ALKS)
7 Analysts Assess Alkermes: What You Need To Know
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
7/06/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:ALKS
CUSIP
G0176710
Employees
2,100
Year Founded
1987

Price Target and Rating

Average Stock Price Target
$36.50
High Stock Price Target
$50.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+50.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$355.76 million
Pretax Margin
27.79%

Debt

Sales & Book Value

Annual Sales
$1.66 billion
Cash Flow
$2.27 per share
Book Value
$7.21 per share

Miscellaneous

Free Float
160,946,000
Market Cap
$4.11 billion
Optionable
Optionable
Beta
0.47

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ALKS Stock Analysis - Frequently Asked Questions

How have ALKS shares performed this year?

Alkermes' stock was trading at $27.74 at the beginning of 2024. Since then, ALKS shares have decreased by 12.4% and is now trading at $24.29.
View the best growth stocks for 2024 here
.

How were Alkermes' earnings last quarter?

Alkermes plc (NASDAQ:ALKS) posted its earnings results on Wednesday, May, 1st. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by $0.15. The firm's quarterly revenue was up 21.8% on a year-over-year basis.

Is Alkermes doing a stock buyback?

Alkermes' Board of Directors approved a share buyback plan on Thursday, February 15th 2024, which permits the company to repurchase $400,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 8.2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

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.

Does Alkermes have any subsidiaries?

Alkermes subsidiaries include these companies: Rodin Therapeutics.

Who are Alkermes' major shareholders?

Alkermes' top institutional investors include GAMMA Investing LLC. Insiders that own company stock include Richard F Pops, Michael J Landine, Shane Cooke, David Joseph Gaffin, Blair Curtis Jackson, Christian Todd Nichols, Nancy Wysenski, Cato T Laurencin, Emily Peterson Alva and Craig C Hopkinson.
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.

What other stocks do shareholders of Alkermes own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Alkermes investors own include Gilead Sciences (GILD), Netflix (NFLX), Pfizer (PFE), NVIDIA (NVDA), AbbVie (ABBV), Starbucks (SBUX) and

This page (NASDAQ:ALKS) was last updated on 7/6/2024 by MarketBeat.com Staff

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