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

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$33.43 +0.86 (+2.64 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$32.57
Today's Range$32.07 - $33.51
52-Week Range$27.54 - $62.42
Volume829,898 shs
Average Volume840,653 shs
Market Capitalization$5.22 billion
P/E Ratio-477.57
Dividend YieldN/A
Beta1.79
Alkermes 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

Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:ALKS
CUSIPG0176710
Phone353-1772-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.09 billion
Cash Flow$0.6202 per share
Book Value$7.51 per share

Profitability

Net Income$-139,310,000.00

Miscellaneous

Employees2,000
Market Cap$5.22 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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) posted its quarterly earnings results on Thursday, February, 14th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.39. The company had revenue of $316 million for the quarter, compared to analyst estimates of $255.71 million. Alkermes had a negative net margin of 12.73% and a negative return on equity of 0.49%. The business's quarterly revenue was up 14.9% on a year-over-year basis. During the same period last year, the business posted $0.31 EPS. View Alkermes' Earnings History.

When is Alkermes' next earnings date?

Alkermes is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Alkermes.

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

Alkermes updated its FY19 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of $0.25-0.43 for the period, compared to the Thomson Reuters consensus estimate of $0.64. The company issued revenue guidance of $1.14-1.19 billion, compared to the consensus revenue estimate of $1.10 billion.Alkermes also updated its FY 2019 guidance to $0.25-0.43 EPS.

What price target have analysts set for ALKS?

14 Wall Street analysts have issued 12-month price targets for Alkermes' stock. Their forecasts range from $26.00 to $66.00. On average, they anticipate Alkermes' share price to reach $46.4615 in the next twelve months. This suggests a possible upside of 39.0% from the stock's current price. View Analyst Price Targets for Alkermes.

What is the consensus analysts' recommendation for Alkermes?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alkermes in the last year. There are currently 3 sell ratings, 6 hold ratings and 5 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' Vivitrol and Aristada continue to drive growth for the company. The company also raised its revenue and earnings guidance for 2018. This year, Alkermes’ development pipeline will witness key events like the upcoming regulatory interactions for ALKS 5461 for the adjunctive treatment of major depressive disorder. The Psychopharmacologic Drugs Advisory Committee and the Drug Safety and Risk Management Advisory Committee jointly voted that the benefit-risk profile was not adequate to support approval of ALKS 5461. The launch of Aristada Initio during the third quarter has been encouraging. It further distinguishes the company’s position in the market and provides an opportunity to address unmet patient need. However, Alkermes is highly dependent on manufacturing and/or royalty revenue. Estimates have reduced ahead of the Q4 results. The company has positive earnings surprise in the last few quarters." (1/29/2019)
  • 2. Cantor Fitzgerald analysts commented, ": We reiterate the Neutral rating for ALKS stock and are reducing our PT by $5 to $41. We believe the FDA advisory panel view of the ALKS-5461 NDA is a major setback not only for the drug but also to the ability of ALKS to convince investors that the company can develop proprietary therapies of meaningful commercial potential." (11/5/2018)

Has Alkermes been receiving favorable news coverage?

Media coverage about ALKS stock has been trending positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alkermes earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the next few days.

Who are some of Alkermes' key competitors?

What other stocks do shareholders of Alkermes own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alkermes investors own include Celgene (CELG), Netflix (NFLX), Intel (INTC), Gilead Sciences (GILD), Quantum (QTM), AbbVie (ABBV), Starbucks (SBUX), Alibaba Group (BABA), Johnson & Johnson (JNJ) and Cisco Systems (CSCO).

Who are Alkermes' key executives?

Alkermes' management team includes the folowing people:
  • Mr. Richard F. Pops, Chairman & CEO (Age 57)
  • Dr. Floyd E. Bloom, Co-Founder & Director (Age 82)
  • Mr. James M. Frates, Sr. VP, CFO & Treasurer (Age 52)
  • Mr. James A. Robinson Jr., Pres & COO (Age 49)
  • Mr. Iain Michael Brown, Sr. VP of Fin. & Chief Accounting Officer (Age 50)

Who are Alkermes' major shareholders?

Alkermes' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.48%), First Trust Advisors LP (1.45%), Geode Capital Management LLC (1.00%), Thornburg Investment Management Inc. (0.79%), Northern Trust Corp (0.59%) and Meditor Group Ltd (0.57%). Company insiders that own Alkermes stock include David W Anstice, Elliot Ehrich, 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, Robert A Breyer and Shane Cooke. View Institutional Ownership Trends for Alkermes.

Which major investors are selling Alkermes stock?

ALKS stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Meditor Group Ltd, Rhenman & Partners Asset Management AB, Bank of America Corp DE, Los Angeles Capital Management & Equity Research Inc., Royal London Asset Management Ltd., KBC Group NV and Jane Street Group LLC. Company insiders that have sold Alkermes company stock in the last year include David W Anstice, Floyd E Bloom, James M Frates, Michael J Landine, Paul J Mitchell and Richard F Pops. View Insider Buying and Selling for Alkermes.

Which major investors are buying Alkermes stock?

ALKS stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Canada Pension Plan Investment Board, First Manhattan Co., Korea Investment CORP, Dimensional Fund Advisors LP, Two Sigma Advisers LP, BlackRock Inc. and Geode Capital Management LLC. 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 $33.43.

How big of a company is Alkermes?

Alkermes has a market capitalization of $5.22 billion and generates $1.09 billion in revenue each year. The company earns $-139,310,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. Alkermes employs 2,000 workers across the globe.

What is Alkermes' official website?

The official website for Alkermes is http://www.alkermes.com.

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:  470 (Vote Outperform)
Underperform Votes:  372 (Vote Underperform)
Total Votes:  842
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 2/22/2019 by MarketBeat.com Staff

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