Alkermes Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)
Portfolio Pulse from Benzinga Insights
Alkermes (NASDAQ:ALKS) has received mixed analyst ratings over the past three months, with a slight increase in the average 12-month price target. Despite a negative revenue trend, the company shows strong profitability and financial health with high net margins, ROE, and ROA.
September 16, 2024 | 9:01 pm
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NEUTRAL IMPACT
Alkermes has received mixed analyst ratings, with a slight increase in the average price target to $39.0. Despite a 35.35% decline in revenue growth, the company maintains strong profitability with a net margin of 22.89% and a ROE of 7.2%.
The mixed analyst ratings and slight increase in price target suggest a neutral short-term impact on ALKS stock. The company's strong profitability metrics, despite revenue challenges, provide a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100