Alkermes Plc Stock Today

ALKS Stock  USD 30.08  1.22  4.23%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Alkermes Plc is selling for under 30.08 as of the 12th of November 2024; that is 4.23 percent increase since the beginning of the trading day. The stock's lowest day price was 28.89. Alkermes Plc has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Alkermes Plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of October 2024 and ending today, the 12th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
16th of July 1991
Category
Healthcare
Classification
Health Care
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. Alkermes plc was founded in 1987 and is headquartered in Dublin, Ireland. The company has 161.8 M outstanding shares of which 15.82 M shares are presently shorted by private and institutional investors with about 8.64 trading days to cover. More on Alkermes Plc

Alkermes Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman and CEORichard Pops
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, SP Small-Cap 600, NASDAQ Biotechnology, ARCA Biotechnology, ARCA Pharmaceutical, Dow Jones Biotechnology, NASDAQ Composite Total, NASDAQ Health Care, Health Care, Biotechnology, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.820.7787
Notably Up
Slightly volatile
Total Current Liabilities541.5 M515.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total248.1 M417.9 M
Way Down
Pretty Stable
Total Assets2.2 B2.1 B
Sufficiently Up
Slightly volatile
Total Current Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile
Debt Levels
Alkermes Plc can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alkermes Plc's financial leverage. It provides some insight into what part of Alkermes Plc's total assets is financed by creditors.
Liquidity
Alkermes Plc currently holds 290.73 M in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. Alkermes Plc has a current ratio of 2.33, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Alkermes Plc's use of debt, we should always consider it together with its cash and equity.

Net Income

545.11 Million
Alkermes Plc (ALKS) is traded on NASDAQ Exchange in USA. It is located in Connaught House, Dublin, Ireland, D04 C5Y6 and employs 2,100 people. Alkermes Plc is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.87 B. Alkermes Plc conducts business under Biotechnology sector and is part of Health Care industry. The entity has 161.8 M outstanding shares of which 15.82 M shares are presently shorted by private and institutional investors with about 8.64 trading days to cover. Alkermes Plc currently holds about 580.97 M in cash with 401.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.54.
Check Alkermes Plc Probability Of Bankruptcy
Ownership Allocation
The majority of Alkermes Plc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Alkermes Plc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Alkermes Plc. Please pay attention to any change in the institutional holdings of Alkermes Plc as this could imply that something significant has changed or is about to change at the company.
Check Alkermes Ownership Details

Alkermes Stock Institutional Holders

InstituionRecorded OnShares
Deep Track Capital, Lp2024-06-30
3.5 M
Primecap Management Company2024-09-30
3.3 M
Dimensional Fund Advisors, Inc.2024-06-30
2.9 M
Armistice Capital, Llc2024-06-30
2.7 M
Bank Of New York Mellon Corp2024-06-30
2.4 M
Charles Schwab Investment Management Inc2024-06-30
2.4 M
American Century Companies Inc2024-06-30
2.2 M
Norges Bank2024-06-30
2.1 M
Artisan Partners Limited Partnership2024-06-30
M
Blackrock Inc2024-06-30
29.1 M
Vanguard Group Inc2024-06-30
20 M
View Alkermes Plc Diagnostics

Alkermes Plc Historical Income Statement

At this time, Alkermes Plc's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 373.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 162.4 M in 2024. View More Fundamentals

Alkermes Stock Against Markets

Alkermes Plc Corporate Management

Peter NormanSenior RelationsProfile
Iain BrownChief Accounting OfficerProfile
Blair JacksonExecutive OfficerProfile
Declan OConnorHealth EnvironmentProfile
Samuel ParisiInterim FinanceProfile

Already Invested in Alkermes Plc?

The danger of trading Alkermes Plc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alkermes Plc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alkermes Plc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alkermes Plc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Alkermes Stock Analysis

When running Alkermes Plc's price analysis, check to measure Alkermes Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alkermes Plc is operating at the current time. Most of Alkermes Plc's value examination focuses on studying past and present price action to predict the probability of Alkermes Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkermes Plc's price. Additionally, you may evaluate how the addition of Alkermes Plc to your portfolios can decrease your overall portfolio volatility.