Is Alkermes Plc Stock a Good Investment?
Alkermes Plc Investment Advice | ALKS |
- Examine Alkermes Plc's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Alkermes Plc's leadership team and their track record. Good management can help Alkermes Plc navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Biotechnology space and any emerging trends that could impact Alkermes Plc's business and its evolving consumer preferences.
- Compare Alkermes Plc's performance and market position to its competitors. Analyze how Alkermes Plc is positioned in terms of product offerings, innovation, and market share.
- Check if Alkermes Plc pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Alkermes Plc's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Alkermes Plc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Alkermes Plc is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Alkermes Plc Stock
Researching Alkermes Plc's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are held by institutions such as insurance companies. The book value of Alkermes Plc was presently reported as 7.42. The company had not issued any dividends in recent years. Alkermes Plc had 2:1 split on the 15th of May 2000.
To determine if Alkermes Plc is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Alkermes Plc's research are outlined below:
| Alkermes Plc generated a negative expected return over the last 90 days | |
| Alkermes Plc is unlikely to experience financial distress in the next 2 years | |
| Alkermes Plc has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: BofA Neutral on Alkermes stock, cutes price target slightly after earnings miss |
Alkermes Plc Quarterly Accounts Payable |
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Alkermes Plc uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Alkermes Plc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Alkermes Plc's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Alkermes Plc's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Alkermes Plc's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-11-02 | 2022-09-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2015-07-30 | 2015-06-30 | -0.1 | -0.09 | 0.01 | 10 | ||
2014-10-29 | 2014-09-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2014-04-30 | 2014-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2008-02-07 | 2007-12-31 | -0.01 | -0.02 | -0.01 | 100 | ||
1998-10-07 | 1998-09-30 | -0.1 | -0.09 | 0.01 | 10 | ||
2023-04-26 | 2023-03-31 | -0.01 | 0.01 | 0.02 | 200 | ||
2018-04-26 | 2018-03-31 | -0.07 | -0.09 | -0.02 | 28 |
Alkermes Plc Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Alkermes target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Alkermes Plc's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 12 | Buy |
Most Alkermes analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Alkermes stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Alkermes Plc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAlkermes Plc Target Price Projection
Alkermes Plc's current and average target prices are 24.10 and 35.80, respectively. The current price of Alkermes Plc is the price at which Alkermes Plc is currently trading. On the other hand, Alkermes Plc's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Alkermes Plc Target Price
Alkermes Plc Analyst Ratings
Alkermes Plc's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Alkermes Plc stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Alkermes Plc's financials, market performance, and future outlook by experienced professionals. Alkermes Plc's historical ratings below, therefore, can serve as a valuable tool for investors.Know Alkermes Plc's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Alkermes Plc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alkermes Plc backward and forwards among themselves. Alkermes Plc's institutional investor refers to the entity that pools money to purchase Alkermes Plc's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Primecap Management Company | 2023-12-31 | 3.6 M | Bank Of New York Mellon Corp | 2023-12-31 | 3.3 M | Goldman Sachs Group Inc | 2023-12-31 | 2.8 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.5 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.4 M | Charles Schwab Investment Management Inc | 2023-12-31 | 2.1 M | Artisan Partners Limited Partnership | 2023-12-31 | 2.1 M | Norges Bank | 2023-12-31 | 2 M | Nuveen Asset Management, Llc | 2023-12-31 | 2 M | Blackrock Inc | 2023-12-31 | 30 M | Vanguard Group Inc | 2023-12-31 | 21 M |
Alkermes Plc's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alkermes Plc's market, we take the total number of its shares issued and multiply it by Alkermes Plc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Alkermes Plc's profitablity analysis
Alkermes Plc's profitability indicators refer to fundamental financial ratios that showcase Alkermes Plc's ability to generate income relative to its revenue or operating costs. If, let's say, Alkermes Plc is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Alkermes Plc's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Alkermes Plc's profitability requires more research than a typical breakdown of Alkermes Plc's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.17 | 0.18 | |
| Return On Capital Employed | 0.26 | 0.27 | |
| Return On Assets | 0.17 | 0.17 | |
| Return On Equity | 0.30 | 0.31 |
Determining Alkermes Plc's profitability involves analyzing its financial statements and using various financial metrics to determine if Alkermes Plc is a good buy. For example, gross profit margin measures Alkermes Plc's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Alkermes Plc's profitability and make more informed investment decisions.
The data published in Alkermes Plc's official financial statements usually reflect Alkermes Plc's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Alkermes Plc. For example, before you start analyzing numbers published by Alkermes accountants, it's critical to develop an understanding of what Alkermes Plc's liquidity, profitability, and earnings quality are in the context of the Biotechnology space in which it operates.
Please note, the presentation of Alkermes Plc's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alkermes Plc's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Alkermes Plc's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Alkermes Plc. Please utilize our Beneish M Score to check the likelihood of Alkermes Plc's management manipulating its earnings.
Evaluate Alkermes Plc's management efficiency
Alkermes Plc has return on total asset (ROA) of 0.1465 % which means that it generated a profit of $0.1465 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.5045 %, meaning that it created $0.5045 on every $100 dollars invested by stockholders. Alkermes Plc's management efficiency ratios could be used to measure how well Alkermes Plc manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.18 in 2024. Return On Capital Employed is likely to gain to 0.27 in 2024. At this time, Alkermes Plc's Total Assets are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 165.2 M in 2024, whereas Other Assets are likely to drop 0.95 in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.09 | 7.44 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 6.58 | 6.91 | |
| Enterprise Value Over EBITDA | 9.33 | 9.80 | |
| Price Book Value Ratio | 3.91 | 3.72 | |
| Enterprise Value Multiple | 9.33 | 9.80 | |
| Price Fair Value | 3.91 | 3.72 | |
| Enterprise Value | 3.3 B | 3.5 B |
The analysis of Alkermes Plc's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Alkermes Plc's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Alkermes Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.554 |
Basic technical analysis of Alkermes Stock
As of the 9th of May, Alkermes Plc shows the Risk Adjusted Performance of (0.01), mean deviation of 1.77, and Standard Deviation of 2.82. Alkermes Plc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Alkermes Plc, which can be compared to its peers. Please confirm Alkermes Plc coefficient of variation and maximum drawdown to decide if Alkermes Plc is priced correctly, providing market reflects its regular price of 24.1 per share. Given that Alkermes Plc has information ratio of (0.06), we suggest you to validate Alkermes Plc's prevailing market performance to make sure the company can sustain itself at a future point.Alkermes Plc's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Alkermes Plc insiders, such as employees or executives, is commonly permitted as long as it does not rely on Alkermes Plc's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Alkermes Plc insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Alkermes Plc's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Alkermes Plc's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 0.1551 | |||
| Mean Deviation | 1.77 | |||
| Coefficient Of Variation | (3,151) | |||
| Standard Deviation | 2.82 | |||
| Variance | 7.96 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.1451 | |||
| Maximum Drawdown | 21.89 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 2.79 | |||
| Skewness | 2.89 | |||
| Kurtosis | 17.05 |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 0.1551 | |||
| Mean Deviation | 1.77 | |||
| Coefficient Of Variation | (3,151) | |||
| Standard Deviation | 2.82 | |||
| Variance | 7.96 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.1451 | |||
| Maximum Drawdown | 21.89 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 2.79 | |||
| Skewness | 2.89 | |||
| Kurtosis | 17.05 |
Consider Alkermes Plc's intraday indicators
Alkermes Plc intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alkermes Plc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 26003.61 | |||
| Daily Balance Of Power | (0.84) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 24.17 | |||
| Day Typical Price | 24.15 | |||
| Price Action Indicator | (0.31) | |||
| Period Momentum Indicator | (0.49) | |||
| Relative Strength Index | 41.73 |
Alkermes Plc Corporate Filings
8K | 1st of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 15th of April 2024 Other Reports | ViewVerify | |
F4 | 12th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 5th of April 2024 Other Reports | ViewVerify |
Alkermes Stock media impact
Far too much social signal, news, headlines, and media speculation about Alkermes Plc that are available to investors today. That information is available publicly through Alkermes media outlets and privately through word of mouth or via Alkermes internal channels. However, regardless of the origin, that massive amount of Alkermes data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Alkermes Plc news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Alkermes Plc relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Alkermes Plc's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Alkermes Plc alpha.
Alkermes Plc Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Alkermes Plc can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Alkermes Plc Historical Investor Sentiment
Investor biases related to Alkermes Plc's public news can be used to forecast risks associated with an investment in Alkermes. The trend in average sentiment can be used to explain how an investor holding Alkermes can time the market purely based on public headlines and social activities around Alkermes Plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alkermes Plc's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alkermes Plc and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Alkermes Plc news discussions. The higher the estimate score, the more favorable the investor's outlook on Alkermes Plc.
Alkermes Plc Maximum Pain Price across 2024-05-17 Option Contracts
Alkermes Plc's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Alkermes Plc close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Alkermes Plc's options.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Alkermes Plc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Alkermes Plc Corporate Management
Elected by the shareholders, the Alkermes Plc's board of directors comprises two types of representatives: Alkermes Plc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alkermes. The board's role is to monitor Alkermes Plc's management team and ensure that shareholders' interests are well served. Alkermes Plc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alkermes Plc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Peter Norman | Senior Relations | Profile | |
| Iain Brown | Chief Accounting Officer | Profile | |
| Blair Jackson | Executive Officer | Profile | |
| Declan OConnor | Health Environment | Profile | |
| Samuel Parisi | Interim Finance | Profile |
How to buy Alkermes Stock?
To provide specific investment advice or recommendations on Alkermes Plc stock, we recommend investors consider the following general factors when evaluating Alkermes Plc. This will help you to make an informed decision on whether to include Alkermes Plc in one of your diversified portfolios:- Examine Alkermes Plc's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Alkermes Plc's leadership team and their track record. Good management can help Alkermes Plc navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Biotechnology space and any emerging trends that could impact Alkermes Plc's business and its evolving consumer preferences.
- Compare Alkermes Plc's performance and market position to its competitors. Analyze how Alkermes Plc is positioned in terms of product offerings, innovation, and market share.
- Check if Alkermes Plc pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Alkermes Plc's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Alkermes Plc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Alkermes Plc is a good investment.
Already Invested in Alkermes Plc?
The danger of trading Alkermes Plc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alkermes Plc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alkermes Plc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alkermes Plc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alkermes Plc is a strong investment it is important to analyze Alkermes Plc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alkermes Plc's future performance. For an informed investment choice regarding Alkermes Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkermes Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Alkermes Stock please use our How to Invest in Alkermes Plc guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Alkermes Stock analysis
When running Alkermes Plc's price analysis, check to measure Alkermes Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alkermes Plc is operating at the current time. Most of Alkermes Plc's value examination focuses on studying past and present price action to predict the probability of Alkermes Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkermes Plc's price. Additionally, you may evaluate how the addition of Alkermes Plc to your portfolios can decrease your overall portfolio volatility.
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Is Alkermes Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alkermes Plc. If investors know Alkermes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alkermes Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.36 | Revenue Per Share 10.34 | Quarterly Revenue Growth 0.218 | Return On Assets 0.1465 | Return On Equity 0.5045 |
The market value of Alkermes Plc is measured differently than its book value, which is the value of Alkermes that is recorded on the company's balance sheet. Investors also form their own opinion of Alkermes Plc's value that differs from its market value or its book value, called intrinsic value, which is Alkermes Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alkermes Plc's market value can be influenced by many factors that don't directly affect Alkermes Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Alkermes Plc's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Alkermes Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alkermes Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.