NASDAQ:ALKS - Alkermes Stock Price, News, & Analysis

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$45.69 +1.31 (+2.95 %)
(As of 08/22/2018 01:19 AM ET)
Previous Close$44.38
Today's Range$44.51 - $45.82
52-Week Range$39.54 - $71.22
Volume504,300 shs
Average Volume951,022 shs
Market Capitalization$6.92 billion
P/E Ratio-123.68
Dividend YieldN/A
Beta1.73
Alkermes logoAlkermes plc, a biopharmaceutical company, researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in various therapeutic areas in the United States, Ireland, and internationally. The company's marketed products include ARISTADA (aripiprazole lauroxil), an extended-release intramuscular injectable suspension for the treatment of schizophrenia; VIVITROL (naltrexone for extended-release injectable suspension) for the treatment of alcohol and opioid dependence; INVEGA SUSTENNA for the treatment of schizophrenia and schizoaffective disorder; XEPLION, INVEGA TRINZA, and TREVICTA for treating schizophrenia; RISPERDAL CONSTA for the treatment of schizophrenia and bipolar I disorder; AMPYRA (dalfampridine)/FAMPYRA (fampridine) to enhance walking in adults with multiple sclerosis (MS) who have walking disability; and BYDUREON (exenatide extended-release for injectable suspension) and BYDUREON BCise for the treatment of type 2 diabetes. It is also developing Aripiprazole Lauroxil NanoCrystal Dispersion; ALKS 5461 for the treatment of depressive disorder; ALKS 3831 to treat schizophrenia; BIIB098, a monomethyl fumarate, which is in Phase III clinical trials to treat relapsing forms of MS; and ALKS 4230, an engineered fusion protein that is in Phase I clinical trials for cancer immunotherapy. The company has collaboration agreements with Janssen Pharmaceutica N.V., Janssen Pharmaceutica Inc, and Janssen Pharmaceutica International; development and license agreement with AstraZeneca plc; and license and collaboration agreement with Biogen MA Inc. Alkermes plc was founded in 1987 and is headquartered in Dublin, Ireland.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
SymbolNASDAQ:ALKS
CUSIPG0176710
Phone353-1772-8000

Debt

Debt-to-Equity Ratio0.24
Current Ratio2.92
Quick Ratio2.62

Price-To-Earnings

Trailing P/E Ratio-123.68
Forward P/E Ratio-68.19
P/E GrowthN/A

Sales & Book Value

Annual Sales$903.37 million
Price / Sales7.86
Cash Flow$0.2829 per share
Price / Cash161.52
Book Value$7.82 per share
Price / Book5.84

Profitability

EPS (Most Recent Fiscal Year)($0.37)
Net Income$-157,940,000.00
Net Margins-13.81%
Return on Equity-0.29%
Return on Assets-0.19%

Miscellaneous

Employees2,000
Outstanding Shares155,320,000
Market Cap$6.92 billion

Alkermes (NASDAQ:ALKS) Frequently Asked Questions

What is Alkermes' stock symbol?

Alkermes trades on the NASDAQ under the ticker symbol "ALKS."

How were Alkermes' earnings last quarter?

Alkermes Plc (NASDAQ:ALKS) issued its quarterly earnings results on Thursday, July, 26th. The company reported $0.29 EPS for the quarter, beating analysts' consensus estimates of ($0.11) by $0.40. The company had revenue of $304.64 million for the quarter, compared to analyst estimates of $261.58 million. Alkermes had a negative return on equity of 0.29% and a negative net margin of 13.81%. The company's quarterly revenue was up 39.2% compared to the same quarter last year. During the same period last year, the company earned $0.01 earnings per share. View Alkermes' Earnings History.

When is Alkermes' next earnings date?

Alkermes is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Alkermes.

What guidance has Alkermes issued on next quarter's earnings?

Alkermes updated its FY18 earnings guidance on Thursday, July, 26th. The company provided EPS guidance of ($0.06)-$0.12 for the period, compared to the Thomson Reuters consensus estimate of $0.02. The company issued revenue guidance of $975 million-$1.025 billion, compared to the consensus revenue estimate of $1.00 billion.

What price target have analysts set for ALKS?

13 brokerages have issued twelve-month target prices for Alkermes' stock. Their predictions range from $42.00 to $81.00. On average, they anticipate Alkermes' share price to reach $56.00 in the next year. This suggests a possible upside of 22.6% from the stock's current price. View Analyst Price Targets for Alkermes.

What is the consensus analysts' recommendation for Alkermes?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alkermes in the last year. There are currently 1 sell rating, 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Alkermes.

What are Wall Street analysts saying about Alkermes stock?

Here are some recent quotes from research analysts about Alkermes stock:
  • 1. According to Zacks Investment Research, "Alkermes reported wider-than-expected loss but beat sales estimates in the first quarter of 2018. Alkermes' Vivitrol and Aristada are primary growth drivers. 2018 is expected to be a transformative year for Alkermes’ development pipeline, with key events being the phase III data readout for ALKS 3831 in schizophrenia, submission of the BIIB098 (ALKS 8700) NDA and phase I data read-out for ALKS 4230. In April 2018, the FDA accepted for review the new drug application (“NDA”) for ALKS 5461 for the treatment of major depressive disorder (“MDD”). The FDA had initially issued a Refusal to File letter on Mar 30 for the candidate stating that the NDA did not have enough evidence for the oral medication to work. The company also expects to expand its field sales team as it prepares for the potential launch of ALKS 5461 in early 2019. However, Alkermes is highly dependent on manufacturing and/or royalty revenue" (6/4/2018)
  • 2. Cantor Fitzgerald analysts commented, "FDA response looks like someone may not have been listening. The nature of the FDA response to ALKS stands in stark contrast to a comment by the CEO on the 2Q17 results conference call, Earlier this week, we passed a major milestone with the outcome of our pre-NDA meeting with the FDA, which resulted in an agreement on our NDA submission content and timing." We generally take with a grain of salt any management comments that FDA meetings went well" or were productive" but we believe investors may have been led to believe that the FDA viewed the ALKS 5461 data as potentially adequate for approval. That the FDA evidently has asked for additional clinical studies strongly calls into question such an assumption, in our opinion." (4/2/2018)

Who are some of Alkermes' key competitors?

Who are Alkermes' key executives?

Alkermes' management team includes the folowing people:
  • Mr. Richard F. Pops, Chairman & CEO (Age 56)
  • Dr. Floyd E. Bloom, Co-Founder & Director (Age 81)
  • Mr. James M. Frates, Sr. VP, CFO & Treasurer (Age 51)
  • Dr. Elliot W. Ehrich, Exec. VP of R&D (Age 59)
  • Ms. Kathryn L. Biberstein, Former Chief Admin. Officer, Chief Compliance Officer, Chief Risk Officer & Exec. VP (Age 59)

Has Alkermes been receiving favorable news coverage?

News coverage about ALKS stock has trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Alkermes earned a media and rumor sentiment score of 0.12 on Accern's scale. They also assigned news headlines about the company an impact score of 47.35 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Alkermes.

Who are Alkermes' major shareholders?

Alkermes' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (14.97%), BlackRock Inc. (6.41%), Woodford Investment Management Ltd (3.04%), Janus Henderson Group PLC (1.31%), First Trust Advisors LP (0.85%) and Bank of New York Mellon Corp (0.77%). Company insiders that own Alkermes stock include David Joseph Gaffin, Elliot Ehrich, Floyd E Bloom, Gordon G Pugh, Iain Michael Brown, James M Frates, Kathryn L Biberstein, Laurie Keating, Mark Stejbach, Michael J Landine, Paul J Mitchell, Richard F Pops, Robert A Breyer and Shane Cooke. View Institutional Ownership Trends for Alkermes.

Which institutional investors are selling Alkermes stock?

ALKS stock was sold by a variety of institutional investors in the last quarter, including Woodford Investment Management Ltd, BlackRock Inc., BNP PARIBAS ASSET MANAGEMENT Holding S.A., FMR LLC, Russell Investments Group Ltd., Wells Fargo & Company MN, California Public Employees Retirement System and State of Wisconsin Investment Board. Company insiders that have sold Alkermes company stock in the last year include Floyd E Bloom, Iain Michael Brown, James M Frates, Kathryn L Biberstein, Laurie Keating, Mark Stejbach, Michael J Landine, Paul J Mitchell, Richard F Pops and Shane Cooke. View Insider Buying and Selling for Alkermes.

Which institutional investors are buying Alkermes stock?

ALKS stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Canada Pension Plan Investment Board, Rhenman & Partners Asset Management AB, C WorldWide Group Holding A S, Capital Fund Management S.A., Los Angeles Capital Management & Equity Research Inc., Korea Investment CORP and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Alkermes.

How do I buy shares of Alkermes?

Shares of ALKS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Alkermes' stock price today?

One share of ALKS stock can currently be purchased for approximately $45.69.

How big of a company is Alkermes?

Alkermes has a market capitalization of $6.92 billion and generates $903.37 million in revenue each year. The company earns $-157,940,000.00 in net income (profit) each year or ($0.37) on an earnings per share basis. Alkermes employs 2,000 workers across the globe.

How can I contact Alkermes?

Alkermes' mailing address is 1 BURLINGTON ROAD CONNAUGHT HOUSE, DUBLIN L2, DUBLIN 4. The company can be reached via phone at 353-1772-8000 or via email at [email protected]


MarketBeat Community Rating for Alkermes (NASDAQ ALKS)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  418 (Vote Outperform)
Underperform Votes:  328 (Vote Underperform)
Total Votes:  746
MarketBeat's community ratings are surveys of what our community members think about Alkermes and other stocks. Vote "Outperform" if you believe ALKS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALKS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/22/2018 by MarketBeat.com Staff

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