NYSE:RDY - Dr.Reddy's Laboratories Stock Price, News, & Analysis

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$38.16 +0.47 (+1.25 %)
(As of 05/27/2019 10:18 AM ET)
Previous Close$37.69
Today's Range$38.09 - $38.56
52-Week Range$28.49 - $42.82
Volume83,787 shs
Average Volume155,788 shs
Market Capitalization$6.34 billion
P/E Ratio23.27
Dividend Yield0.71%
Beta0.13
Dr. Reddy's Laboratories Limited operates as an integrated pharmaceutical company worldwide. It operates through three segments: Global Generics, Pharmaceutical Services and Active Ingredients (PSAI), and Proprietary Products. The 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 dosage 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. It also provides contract research services; and manufactures and sells active pharmaceutical ingredients and steroids in accordance with the specific customer requirements. The Proprietary Products segment focuses on the research, development, and manufacture of differentiated formulations for dermatology and neurology therapeutic areas. It also provides a portfolio of in-licensed dermatology products. As of March 31, 2018, this segment had 13 active products development programs pipeline that are in various stages of development. The company's therapeutic categories primarily include gastro-intestinal, cardiovascular, anti-diabetic, pain management, oncology, dermatology, urology, and nephrology. It has collaboration, license, and option agreement with Curis, Inc. to discover, develop, and commercialize small molecule antagonists for immuno-oncology and precision oncology; and collaboration agreement with Merck Serono to co-develop a portfolio of biosimilar compounds in oncology, primarily focused on monoclonal antibodies. Dr. Reddy's Laboratories Limited was founded in 1984 and is headquartered in Hyderabad, India.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
CUSIPN/A
Phone91-40-4900-2900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.23 billion
Cash Flow$2.0910 per share
Book Value$12.07 per share

Profitability

Net Income$268.77 million

Miscellaneous

Employees23,524
Market Cap$6.34 billion
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

Dr.Reddy's Laboratories (NYSE:RDY) Frequently Asked Questions

What is Dr.Reddy's Laboratories' stock symbol?

Dr.Reddy's Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "RDY."

How were Dr.Reddy's Laboratories' earnings last quarter?

Dr.Reddy's Laboratories Ltd (NYSE:RDY) released its quarterly earnings data on Friday, May, 17th. The company reported $0.38 earnings per share for the quarter. The firm had revenue of $581 million for the quarter, compared to the consensus estimate of $565.46 million. Dr.Reddy's Laboratories had a net margin of 12.20% and a return on equity of 13.89%. View Dr.Reddy's Laboratories' Earnings History.

When is Dr.Reddy's Laboratories' next earnings date?

Dr.Reddy's Laboratories is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Dr.Reddy's Laboratories.

What is the consensus analysts' recommendation for Dr.Reddy's Laboratories?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dr.Reddy's Laboratories in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Dr.Reddy's Laboratories.

Has Dr.Reddy's Laboratories been receiving favorable news coverage?

News stories about RDY stock have trended positive on Monday, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Dr.Reddy's Laboratories earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Dr.Reddy's Laboratories' key competitors?

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 (SIEGY), Tata Motors (TTM), Infosys (INFY), Vedanta (VEDL), HDFC Bank (HDB), Merck & Co., Inc. (MRK), Cummins (CMI), GlaxoSmithKline (GSK), ICICI Bank (IBN) and Wipro (WIT).

Who are Dr.Reddy's Laboratories' key executives?

Dr.Reddy's Laboratories' management team includes the folowing people:
  • Mr. Gunupati Venkateswara Prasad, Co-Chairman, MD, CEO & Member of Management Council (Age 59)
  • Mr. Kallam Satish Reddy, Chairman & Member of the Management Council (Age 52)
  • Mr. Saumen Chakraborty, Pres, CFO, Global Head of IT & Bus. Process Excellence and Member of the Mgmt Council (Age 58)
  • Mr. M. V. Ramana, CEO & Head of Branded Markets - India & Emerging Countries and Member of Management Council (Age 50)
  • Mr. Ganadhish Kamat, Exec. VP, Global Head of Quality & Member of Management Council (Age 56)

Who are Dr.Reddy's Laboratories' major shareholders?

Dr.Reddy's Laboratories' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.08%), Commonwealth Bank of Australia (1.00%), Renaissance Technologies LLC (0.64%), Dimensional Fund Advisors LP (0.57%), Wellington Management Group LLP (0.41%) and Mondrian Investment Partners LTD (0.37%).

Which major investors are selling Dr.Reddy's Laboratories stock?

RDY stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Sector Gamma AS, Morgan Stanley, Commonwealth Bank of Australia, Acadian Asset Management LLC, ClariVest Asset Management LLC, AQR Capital Management LLC and Zurcher Kantonalbank Zurich Cantonalbank.

Which major investors are buying Dr.Reddy's Laboratories stock?

RDY stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Goldman Sachs Group Inc., TD Asset Management Inc., Parametric Portfolio Associates LLC, Oxford Asset Management LLP, Northern Trust Corp, Renaissance Technologies LLC and Dalton Investments LLC.

How do I buy shares of Dr.Reddy's Laboratories?

Shares of RDY 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 Dr.Reddy's Laboratories' stock price today?

One share of RDY stock can currently be purchased for approximately $38.16.

How big of a company is Dr.Reddy's Laboratories?

Dr.Reddy's Laboratories has a market capitalization of $6.34 billion and generates $2.23 billion in revenue each year. The company earns $268.77 million in net income (profit) each year or $1.64 on an earnings per share basis. Dr.Reddy's Laboratories employs 23,524 workers across the globe.

What is Dr.Reddy's Laboratories' official website?

The official website for Dr.Reddy's Laboratories is http://www.drreddys.com/.

How can I contact Dr.Reddy's Laboratories?

Dr.Reddy's Laboratories' mailing address is 8-2-337 ROAD NO.3 BANJARA HILLS, HYDERABAD K7, 500-034. The company can be reached via phone at 91-40-4900-2900 or via email at [email protected]


MarketBeat Community Rating for Dr.Reddy's Laboratories (NYSE RDY)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  559
MarketBeat's community ratings are surveys of what our community members think about Dr.Reddy's Laboratories and other stocks. Vote "Outperform" if you believe RDY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/27/2019 by MarketBeat.com Staff

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