Decoding 5 Analyst Evaluations For Alkermes
Portfolio Pulse from Benzinga Insights
Analysts have provided varied ratings for Alkermes (NASDAQ:ALKS) over the last quarter, with a total of 1 bullish, 1 somewhat bullish, and 3 indifferent ratings. The average 12-month price target for ALKS is now $32.6, down from the previous $33.67. Analysts from B of A Securities, JP Morgan, Piper Sandler, Mizuho, and UBS have made recent evaluations, with some raising and others lowering their price targets. Alkermes is a biotech company with a market cap below industry average, a revenue growth rate of 50.95% as of September 30, 2023, a net margin of 12.54%, an ROE of 3.62%, an ROA of 2.14%, and a debt-to-equity ratio of 0.28.

January 02, 2024 | 6:00 pm
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Alkermes has received mixed analyst ratings with a slight decrease in the average price target to $32.6. The company shows strong financial performance with high revenue growth, net margin, ROE, and ROA, and low debt-to-equity ratio.
The mixed analyst ratings and slight decrease in the average price target suggest a neutral short-term impact on ALKS stock price. The strong financial performance indicators may counterbalance the reduced price target, maintaining investor confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100