NYSE:RDY Dr. Reddy's Laboratories (RDY) Stock Price, News & Analysis → Elon Musk’s Final Masterpiece: “X-9840” (From Paradigm Press) (Ad) Free RDY Stock Alerts $71.36 +1.01 (+1.44%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$71.28▼$71.9850-Day Range$68.25▼$75.2152-Week Range$56.45▼$77.72Volume284,118 shsAverage Volume216,441 shsMarket Capitalization$11.91 billionP/E Ratio17.71Dividend Yield0.57%Price Target$81.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Dr. Reddy's Laboratories alerts: Email Address Dr. Reddy's Laboratories MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside13.5% Upside$81.00 Price TargetShort InterestBearish0.58% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-0.73%From $4.09 to $4.06 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.0.61 out of 5 starsMedical Sector866th out of 905 stocksPharmaceutical Preparations Industry413th out of 430 stocks 2.0 Analyst's Opinion Consensus RatingDr. Reddy's Laboratories has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageDr. Reddy's Laboratories has only been the subject of 1 research reports in the past 90 days.Read more about Dr. Reddy's Laboratories' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.58% of the outstanding shares of Dr. Reddy's Laboratories have been sold short.Short Interest Ratio / Days to CoverDr. Reddy's Laboratories has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in Dr. Reddy's Laboratories has recently increased by 12.27%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldDr. Reddy's Laboratories has a dividend yield of 0.59%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthDr. Reddy's Laboratories has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Dr. Reddy's Laboratories is 10.17%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Dr. Reddy's Laboratories will have a dividend payout ratio of 10.10% next year. This indicates that Dr. Reddy's Laboratories will be able to sustain or increase its dividend.Read more about Dr. Reddy's Laboratories' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RDY. Previous Next 1.4 News and Social Media Coverage News SentimentDr. Reddy's Laboratories has a news sentiment score of 0.53. 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 0.73 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Dr. Reddy's Laboratories this week, compared to 2 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dr. Reddy's Laboratories insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of Dr. Reddy's Laboratories is held by insiders.Percentage Held by InstitutionsOnly 14.02% of the stock of Dr. Reddy's Laboratories is held by institutions.Read more about Dr. Reddy's Laboratories' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Dr. Reddy's Laboratories are expected to decrease by -0.73% in the coming year, from $4.09 to $4.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dr. Reddy's Laboratories is 17.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Dr. Reddy's Laboratories is 17.71, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 167.29.Price to Earnings Growth RatioDr. Reddy's Laboratories has a PEG Ratio of 1.54. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDr. Reddy's Laboratories has a P/B Ratio of 3.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Dr. Reddy's Laboratories' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe new masters of energyAccording to one source, this new grid could soon provide energy to “one billion people in the world who don’t have access to electricity right now.” And early investors could make a fortune.Click here to get all the details. About Dr. Reddy's Laboratories Stock (NYSE:RDY)Dr. Reddy's Laboratories Limited, together with its subsidiaries, operates as an integrated pharmaceutical company worldwide. It operates through Global Generics, Pharmaceutical Services and Active Ingredients (PSAI), and Others segments. The company's Global Generics segment manufactures and markets prescription and over-the-counter finished pharmaceutical products that are marketed under a brand name or as a generic finished dosages with therapeutic equivalence to branded formulations. This segment also engages in the biologics business. The PSAI segment manufactures and markets active pharmaceutical ingredients and intermediates, which are principal ingredients for finished pharmaceutical products. This segment also provides contract research services; and manufactures and sells active pharmaceutical ingredients and steroids in accordance with the specific customer requirements. The Others segment engages in developing therapies in the fields of oncology and inflammation; research and development of differentiated formulations; and provides digital healthcare and information technology enabled business support services. The therapeutic categories primarily include gastro-intestinal, cardiovascular, anti-diabetic, dermatology, oncology, respiratory, stomatology, urology, and nephrology. Dr. Reddy's Laboratories Limited was incorporated in 1984 and is headquartered in Hyderabad, India.Read More RDY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RDY Stock News HeadlinesJune 3, 2024 | businesswire.comAurigene Pharmaceutical Services Limited, a Global CRDMO, Announces the Opening of Its Biologics Facility Offering Process Development and Clinical Scale Manufacturing CapabilitiesMay 28, 2024 | businesswire.comDr. Reddy's Laboratories Announces the Appointment of Milan Kalawadia to CEO North AmericaMay 21, 2024 | businesswire.comAlvotech and Dr. Reddy's Enter Into Collaboration for Commercialization of AVT03 (denosumab), a Biosimilar Candidate to Prolia® & Xgeva® in the U.S., Europe and UKMay 21, 2024 | finance.yahoo.comAlvotech and Dr. Reddy’s enter into collaboration for commercialization of AVT03 (denosumab), a biosimilar candidate to Prolia® & Xgeva® in the U.S., Europe and UKMay 8, 2024 | finance.yahoo.comDr. Reddy’s Laboratories Limited (NYSE:RDY) Q4 2024 Earnings Call TranscriptMay 7, 2024 | finance.yahoo.comDr. Reddy’s Q4 & Full Year FY24 Financial ResultsMay 7, 2024 | businesswire.comDr. Reddy's Q4 & Full Year FY24 Financial ResultsMay 7, 2024 | reuters.comIndia's Dr Reddy's beats Q4 profit estimatesMay 7, 2024 | markets.businessinsider.comHere's what Wall Street expects from Dr Reddys Laboratories's earnings reportMay 7, 2024 | sg.finance.yahoo.comIndia's Dr Reddy's beats Q4 profit view; names new CFOMay 3, 2024 | businesswire.comDr. Reddy's Laboratories Announces the Launch of Doxycycline Capsules, 40 mg* in the U.S.April 23, 2024 | usatoday.comDr. Reddy’s Issues Voluntary Nationwide Recall of Sapropterin Dihydrochloride Powder for Oral Solution 100 mg Due to Sub-PotencyMarch 22, 2024 | finance.yahoo.comPharmazz Inc. and Dr. Reddy's Laboratories have entered into a licensing agreement to market Centhaquine (Lyfaquin) as a resuscitative agent for hypovolemic shock in IndiaMarch 19, 2024 | businesswire.comDr. Reddy's Laboratories launches Versavo® (bevacizumab) in the UKFebruary 24, 2024 | msn.comDr. Reddy's Laboratories Limited - Depositary Receipt () (RDY) Price Target Increased by 5.17% to 71.72February 22, 2024 | msn.comGlobal Access to Weight-Loss Treatments: Indian Pharma Giants Eye Affordable Wegovy Alternatives Amid Rising DemandFebruary 22, 2024 | msn.comNovo to face Wegovy competition in India as local versions loom: ReutersFebruary 6, 2024 | ca.finance.yahoo.comRDY Jun 2024 60.000 callFebruary 1, 2024 | finance.yahoo.comDr. Reddy's (RDY) Q3 Earnings and Revenues Surpass EstimatesFebruary 1, 2024 | finance.yahoo.comDr. Reddy’s Laboratories Limited (NYSE:RDY) Q3 2024 Earnings Call TranscriptJanuary 31, 2024 | msn.comTeva hits 52-week high on outlook, API divestmentJanuary 31, 2024 | finance.yahoo.comUPDATE 1-Indian pharma firm Dr Reddy's beats Q3 profit view on strong US, European businessesJanuary 31, 2024 | finance.yahoo.comDr. Reddy’s Q3 & 9M FY24 Financial ResultsJanuary 17, 2024 | msn.comIndian pharma group Dr Reddy's eyes swoop on NicotinellJanuary 11, 2024 | realmoney.thestreet.comDr. Reddy's just downgraded at Jefferies, here's whySee More Headlines Receive RDY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Dr. Reddy's Laboratories and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today6/07/2024Next Earnings (Estimated)7/24/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNYSE:RDY CUSIPN/A CIK1135951 Webwww.drreddys.com Phone914049002900Fax91-40-4900-2999Employees25,863Year Founded1984Price Target and Rating Average Stock Price Target$81.00 High Stock Price Target$81.00 Low Stock Price Target$81.00 Potential Upside/Downside+13.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.03 Trailing P/E Ratio17.71 Forward P/E Ratio17.45 P/E Growth1.54Net Income$673.78 million Net Margins19.97% Pretax Margin25.75% Return on Equity21.27% Return on Assets15.44% Debt Debt-to-Equity Ratio0.02 Current Ratio2.58 Quick Ratio1.92 Sales & Book Value Annual Sales$3.35 billion Price / Sales3.55 Cash Flow$5.21 per share Price / Cash Flow13.69 Book Value$20.34 per share Price / Book3.51Miscellaneous Outstanding Shares166,880,000Free Float163,544,000Market Cap$11.91 billion OptionableOptionable Beta0.52 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Gunupati Venkateswara Prasad B.E. (Age 64)Co-Chairman, MD & Member of Management Council Comp: $2.25MMr. Kallam Satish Reddy B.Tech. (Age 57)M.S., Chairman of the Board & Member of the Management Council Comp: $1.38MMr. Erez Israeli M.B.A. (Age 56)CEO & Member of the Management Council Mr. Parag Agarwal (Age 57)CFO & Member of Management Council Mr. Deepak Sapra M.B.A. (Age 49)CEO of API & Services & Member of Management Council Mr. Venkata Ramana Motupalli M.B.A. (Age 55)CEO of Branded Markets - India & Emerging Countries and Member of Management Council Ms. Archana Bhaskar B.Sc. (Age 57)M.B.A., EVP, Head of Corporate Communications, Chief Human Resources Officer & Member of Management Council Mr. Sanjay Sharma B.Tech. (Age 56)Executive VP, Global Head of Global Manufacturing & Member of Management Council Mr. Marc Kikuchi B.A. (Age 55)M.B.A., CEO of North America Generics & Member of Management Council Mr. Patrick Aghanian B.A. (Age 59)M.B.A., CEO of European Generics & Member of Management Council More ExecutivesKey CompetitorsTakeda PharmaceuticalNYSE:TAKGenmab A/SNASDAQ:GMABAlnylam PharmaceuticalsNASDAQ:ALNYTeva Pharmaceutical IndustriesNYSE:TEVARoyalty PharmaNASDAQ:RPRXView All CompetitorsInstitutional OwnershipPortland Hill Asset Management LtdSold 543 shares on 5/31/2024Ownership: 0.007%Walleye Trading LLCBought 4,800 shares on 5/17/2024Ownership: 0.000%Jane Street Group LLCBought 108,243 shares on 5/16/2024Ownership: 0.068%Bellevue Group AGSold 20,004 shares on 5/15/2024Ownership: 0.025%SVB Wealth LLCSold 1,599 shares on 5/15/2024Ownership: 0.002%View All Institutional Transactions RDY Stock Analysis - Frequently Asked Questions Should I buy or sell Dr. Reddy's Laboratories stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dr. Reddy's Laboratories in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RDY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RDY, but not buy additional shares or sell existing shares. View RDY analyst ratings or view top-rated stocks. What is Dr. Reddy's Laboratories' stock price target for 2024? 3 brokers have issued 1-year target prices for Dr. Reddy's Laboratories' shares. Their RDY share price targets range from $81.00 to $81.00. On average, they anticipate the company's share price to reach $81.00 in the next year. This suggests a possible upside of 13.5% from the stock's current price. View analysts price targets for RDY or view top-rated stocks among Wall Street analysts. How have RDY shares performed in 2024? Dr. Reddy's Laboratories' stock was trading at $69.58 at the beginning of 2024. Since then, RDY stock has increased by 2.6% and is now trading at $71.36. View the best growth stocks for 2024 here. When is Dr. Reddy's Laboratories' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our RDY earnings forecast. How were Dr. Reddy's Laboratories' earnings last quarter? Dr. Reddy's Laboratories Limited (NYSE:RDY) issued its earnings results on Tuesday, May, 7th. The company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.08. The company earned $850 million during the quarter, compared to analysts' expectations of $825.20 million. Dr. Reddy's Laboratories had a trailing twelve-month return on equity of 21.27% and a net margin of 19.97%. How often does Dr. Reddy's Laboratories pay dividends? What is the dividend yield for Dr. Reddy's Laboratories? Dr. Reddy's Laboratories announced an annual dividend on Tuesday, July 18th. Stockholders of record on Friday, January 1st will be given a dividend of $0.4877 per share on Friday, July 28th. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, July 28th. This is an increase from the stock's previous annual dividend of $0.33. Read our dividend analysis for RDY. Is Dr. Reddy's Laboratories a good dividend stock? Dr. Reddy's Laboratories (NYSE:RDY) pays an annual dividend of $0.41 per share and currently has a dividend yield of 0.59%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RDY will have a dividend payout ratio of 10.10% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RDY. What ETFs hold Dr. Reddy's Laboratories' stock? ETFs with the largest weight of Dr. Reddy's Laboratories (NYSE:RDY) stock in their portfolio include Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM), First Trust BICK Index Fund (BICK), ALPS Emerging Sector Dividend Dogs ETF (EDOG), Hartford Multifactor Diversified International ETF (RODE) and Avantis Emerging Markets ex-China Equity ETF (AVXC).SPDR Bloomberg SASB Emerging Markets ESG Select ETF (REMG). What is G. V. Prasad's approval rating as Dr. Reddy's Laboratories' CEO? 528 employees have rated Dr. Reddy's Laboratories Chief Executive Officer G. V. Prasad on Glassdoor.com. G. V. Prasad has an approval rating of 96% among the company's employees. This puts G. V. Prasad in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Dr. Reddy's Laboratories own? Based on aggregate information from My MarketBeat watchlists, some companies that other Dr. Reddy's Laboratories investors own include Siemens Aktiengesellschaft (SIEGY), Tata Motors (TTM), Infosys (INFY), HDFC Bank (HDB), Alibaba Group (BABA), GSK (GSK), Merck & Co., Inc. (MRK), NVIDIA (NVDA) and Pfizer (PFE). Who are Dr. Reddy's Laboratories' major shareholders? Dr. Reddy's Laboratories' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (0.61%), Acadian Asset Management LLC (0.12%), Mondrian Investment Partners LTD (0.10%), Assenagon Asset Management S.A. (0.10%), Promethos Capital LLC (0.07%) and Jane Street Group LLC (0.07%). How do I buy shares of Dr. Reddy's Laboratories? Shares of RDY 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. 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