Alkermes plc (ALKS)

NASDAQ: ALKS · IEX Real-Time Price · USD
27.13
-0.12 (-0.44%)
Mar 28, 2024, 11:13 AM EDT - Market open

Total Valuation

Alkermes has a market cap or net worth of $4.55 billion. The enterprise value is $4.15 billion.

Market Cap 4.55B
Enterprise Value 4.15B

Important Dates

The next estimated earnings date is Wednesday, April 24, 2024, before market open.

Earnings Date Apr 24, 2024
Ex-Dividend Date n/a

Share Statistics

Alkermes has 167.08 million shares outstanding. The number of shares has increased by 3.66% in one year.

Shares Outstanding 167.08M
Shares Change (YoY) +3.66%
Shares Change (QoQ) -3.45%
Owned by Insiders (%) 1.35%
Owned by Institutions (%) 108.96%
Float 164.51M

Valuation Ratios

The trailing PE ratio is 12.98 and the forward PE ratio is 9.53. Alkermes's PEG ratio is -1,057.29.

PE Ratio 12.98
Forward PE 9.53
PS Ratio 2.74
Forward PS 2.92
PB Ratio 3.79
P/FCF Ratio 12.87
PEG Ratio -1,057.29
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.66, with an EV/FCF ratio of 11.74.

EV / Earnings 11.67
EV / Sales 2.50
EV / EBITDA 11.66
EV / EBIT 14.77
EV / FCF 11.74

Financial Position

The company has a current ratio of 2.86, with a Debt / Equity ratio of 0.31.

Current Ratio 2.86
Quick Ratio 2.13
Debt / Equity 0.31
Debt / EBITDA 1.05
Debt / FCF 1.05
Interest Coverage 12.21

Financial Efficiency

Return on equity (ROE) is 29.40% and return on invested capital (ROIC) is 36.24%.

Return on Equity (ROE) 29.40%
Return on Assets (ROA) 16.70%
Return on Capital (ROIC) 36.24%
Revenue Per Employee $792,098
Profits Per Employee $169,408
Employee Count 2,100
Asset Turnover 0.78
Inventory Turnover 1.38

Taxes

Income Tax -97.64M
Effective Tax Rate -37.83%

Stock Price Statistics

The stock price has increased by +0.89% in the last 52 weeks. The beta is 0.54, so Alkermes's price volatility has been lower than the market average.

Beta (1Y) 0.54
52-Week Price Change +0.89%
50-Day Moving Average 28.41
200-Day Moving Average 28.20
Relative Strength Index (RSI) 41.75
Average Volume (30 Days) 1,897,421

Short Selling Information

The latest short interest is 14.08 million, so 8.43% of the outstanding shares have been sold short.

Short Interest 14.08M
Short Previous Month 13.02M
Short % of Shares Out 8.43%
Short % of Float 8.56%
Short Ratio (days to cover) 6.31

Income Statement

In the last 12 months, Alkermes had revenue of $1.66 billion and earned $355.76 million in profits. Earnings per share was $2.10.

Revenue 1.66B
Gross Profit 1.41B
Operating Income 414.12M
Pretax Income 258.12M
Net Income 355.76M
EBITDA 356.08M
EBIT 281.15M
Earnings Per Share (EPS) $2.10
Full Income Statement

Balance Sheet

The company has $773.49 million in cash and $372.19 million in debt, giving a net cash position of $401.31 million or $2.40 per share.

Cash & Cash Equivalents 773.49M
Total Debt 372.19M
Net Cash 401.31M
Net Cash Per Share $2.40
Equity / Book Value 1.20B
Book Value Per Share 7.20
Working Capital 965.29M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $401.35 million and capital expenditures -$47.69 million, giving a free cash flow of $353.66 million.

Operating Cash Flow 401.35M
Capital Expenditures -47.69M
Free Cash Flow 353.66M
FCF Per Share $2.13
Full Cash Flow Statement

Margins

Gross margin is 84.79%, with operating and profit margins of 24.90% and 21.39%.

Gross Margin 84.79%
Operating Margin 24.90%
Pretax Margin 15.52%
Profit Margin 21.39%
EBITDA Margin 21.41%
EBIT Margin 16.90%
FCF Margin 21.26%

Dividends & Yields

Alkermes does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -3.66%
Shareholder Yield -3.66%
Earnings Yield 7.81%
FCF Yield 7.77%
Dividend Details

Analyst Forecast

The average price target for Alkermes is $33.13, which is 22.12% higher than the current price. The consensus rating is "Hold".

Price Target $33.13
Price Target Difference 22.12%
Analyst Consensus Hold
Analyst Count 9
Revenue Growth Forecast (5Y) 0.40%
EPS Growth Forecast (5Y) 8.90%
Stock Forecasts

Stock Splits

The last stock split was on May 15, 2000. It was a forward split with a ratio of 2:1.

Last Split Date May 15, 2000
Split Type Forward
Split Ratio 2:1

Scores

Alkermes has an Altman Z-Score of 3.8 and a Piotroski F-Score of 8.

Altman Z-Score 3.8
Piotroski F-Score 8