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NYSE:RDYDr.Reddy's Laboratories Stock Price, Forecast & News

$51.41
+0.84 (+1.66 %)
(As of 05/25/2020 03:29 PM ET)
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Today's Range
$50.49
Now: $51.41
$51.63
50-Day Range
$39.55
MA: $49.18
$52.84
52-Week Range
$33.33
Now: $51.41
$53.64
Volume236,381 shs
Average Volume218,467 shs
Market Capitalization$8.52 billion
P/E Ratio31.35
Dividend Yield0.51%
Beta0.48
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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Dr.Reddy

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.47 out of 5 stars


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$2.32 billion
Cash Flow$2.70 per share
Book Value$12.21 per share

Profitability

Net Income$259 million

Miscellaneous

Employees21,966
Market Cap$8.52 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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

How has Dr.Reddy's Laboratories' stock been impacted by COVID-19 (Coronavirus)?

Dr.Reddy's Laboratories' stock was trading at $40.17 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RDY stock has increased by 28.0% and is now trading at $51.41. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Dr.Reddy's Laboratories?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dr.Reddy's Laboratories in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Dr.Reddy's Laboratories.

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

Dr.Reddy's Laboratories is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Dr.Reddy's Laboratories.

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

Dr.Reddy's Laboratories Ltd (NYSE:RDY) released its quarterly earnings data on Wednesday, May, 20th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.12. The company earned $588 million during the quarter, compared to analysts' expectations of $552.28 million. Dr.Reddy's Laboratories had a net margin of 11.15% and a return on equity of 19.66%. View Dr.Reddy's Laboratories' earnings history.

What price target have analysts set for RDY?

7 analysts have issued 1-year price targets for Dr.Reddy's Laboratories' stock. Their forecasts range from $39.00 to $39.00. On average, they anticipate Dr.Reddy's Laboratories' stock price to reach $39.00 in the next twelve months. This suggests that the stock has a possible downside of 24.1%. View analysts' price targets for Dr.Reddy's Laboratories.

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

Media headlines about RDY stock have been trending somewhat positive recently, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Dr.Reddy's Laboratories earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutDr.Reddy's Laboratories.

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), Alibaba Group (BABA), GlaxoSmithKline (GSK), Merck & Co., Inc. (MRK), Gilead Sciences (GILD) and ICICI Bank (IBN).

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

Dr.Reddy's Laboratories' management team includes the following 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)

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."

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

Dr.Reddy's Laboratories' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.73%), State Street Corp (0.62%), Aperio Group LLC (0.49%), Parametric Portfolio Associates LLC (0.40%), Grantham Mayo Van Otterloo & Co. LLC (0.36%) and Schroder Investment Management Group (0.32%).

Which institutional 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., Wellington Management Group LLP, Connor Clark & Lunn Investment Management Ltd., AQR Capital Management LLC, Morgan Stanley, Nuveen Asset Management LLC, Zurcher Kantonalbank Zurich Cantonalbank, and ClariVest Asset Management LLC.

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

RDY stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Schroder Investment Management Group, Citigroup Inc., Wells Fargo & Company MN, Aperio Group LLC, Grantham Mayo Van Otterloo & Co. LLC, Bank of New York Mellon Corp, and HighTower Advisors 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, Robinhood, Fidelity, and Charles Schwab.

What is Dr.Reddy's Laboratories' stock price today?

One share of RDY stock can currently be purchased for approximately $51.41.

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

Dr.Reddy's Laboratories has a market capitalization of $8.52 billion and generates $2.32 billion in revenue each year. The company earns $259 million in net income (profit) each year or $2.79 on an earnings per share basis. Dr.Reddy's Laboratories employs 21,966 workers across the globe.

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

The official website for Dr.Reddy's Laboratories is 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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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