Alkermes Plc Stock Buy Hold or Sell Recommendation
| ALKS Stock | USD 24.07 0.22 0.92% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Alkermes Plc is 'Cautious Hold'. Macroaxis provides Alkermes Plc buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ALKS positions. The advice algorithm takes into account all of Alkermes Plc's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Alkermes Plc's buy or sell advice are summarized below:
Real Value 29.09 | Target Price 35.8 | Hype Value 24.15 | Market Value 24.07 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Alkermes Plc given historical horizon and risk tolerance towards Alkermes Plc. When Macroaxis issues a 'buy' or 'sell' recommendation for Alkermes Plc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Alkermes |
Execute Alkermes Plc Buy or Sell Advice
The Alkermes recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Alkermes Plc. Macroaxis does not own or have any residual interests in Alkermes Plc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Alkermes Plc's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Alkermes Plc Trading Alerts and Improvement Suggestions
| Alkermes Plc generated a negative expected return over the last 90 days | |
| Alkermes Plc is unlikely to experience financial distress in the next 2 years | |
| Alkermes Plc has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Will Alkermes Proprietary Drugs Aid Amid Competition |
Alkermes Plc Returns Distribution Density
The distribution of Alkermes Plc's historical returns is an attempt to chart the uncertainty of Alkermes Plc's future price movements. The chart of the probability distribution of Alkermes Plc daily returns describes the distribution of returns around its average expected value. We use Alkermes Plc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Alkermes Plc returns is essential to provide solid investment advice for Alkermes Plc.
| Mean Return | -0.18 | Value At Risk | -4.24 | Potential Upside | 2.79 | Standard Deviation | 2.84 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Alkermes Plc historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Alkermes Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Alkermes Plc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alkermes Plc backward and forwards among themselves. Alkermes Plc's institutional investor refers to the entity that pools money to purchase Alkermes Plc's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Primecap Management Company | 2023-12-31 | 3.6 M | Bank Of New York Mellon Corp | 2023-12-31 | 3.3 M | Goldman Sachs Group Inc | 2023-12-31 | 2.8 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.5 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.4 M | Charles Schwab Investment Management Inc | 2023-12-31 | 2.1 M | Artisan Partners Limited Partnership | 2023-12-31 | 2.1 M | Norges Bank | 2023-12-31 | 2 M | Nuveen Asset Management, Llc | 2023-12-31 | 2 M | Blackrock Inc | 2023-12-31 | 30 M | Vanguard Group Inc | 0002-12-31 | 21 M |
Alkermes Plc Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (63.0M) | 69.2M | 64.6M | (45.1M) | 165.0M | 173.2M | |
| Free Cash Flow | (18.9M) | 40.6M | 72.7M | (17.2M) | 353.3M | 371.0M | |
| Depreciation | 80.4M | 81.9M | 78.7M | 77.9M | 72.6M | 42.7M | |
| Other Non Cash Items | 22.2M | (1.4M) | 4.1M | 27.3M | (154.8M) | (147.0M) | |
| Capital Expenditures | 90.9M | 42.2M | 29.0M | 38.3M | 48.0M | 28.3M | |
| Net Income | (196.6M) | (110.9M) | (48.2M) | (158.3M) | 519.2M | 545.1M | |
| End Period Cash Flow | 203.8M | 273.0M | 337.5M | 292.5M | 457.5M | 480.3M | |
| Change To Inventory | (13.1M) | (22.9M) | (24.8M) | (31.0M) | (2.7M) | (2.8M) | |
| Investments | (52.9M) | 23.5M | (45.4M) | (28.0M) | 102.1M | 107.2M | |
| Change Receivables | 35.1M | (18.1M) | (38.0M) | 25.3M | 29.0M | 30.5M | |
| Net Borrowings | (3M) | (2.9M) | (2.8M) | 20.3M | (2.7M) | (2.6M) | |
| Change To Netincome | 123.5M | 98.7M | 96.8M | 88.7M | 102.1M | 71.7M |
Alkermes Plc Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Alkermes Plc or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Alkermes Plc's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Alkermes stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.34 | |
β | Beta against NYSE Composite | 1.97 | |
σ | Overall volatility | 2.91 | |
Ir | Information ratio | -0.09 |
Alkermes Plc Volatility Alert
Alkermes Plc exhibits very low volatility with skewness of 2.92 and kurtosis of 17.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Alkermes Plc's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Alkermes Plc's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Alkermes Plc Fundamentals Vs Peers
Comparing Alkermes Plc's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Alkermes Plc's direct or indirect competition across all of the common fundamentals between Alkermes Plc and the related equities. This way, we can detect undervalued stocks with similar characteristics as Alkermes Plc or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Alkermes Plc's fundamental indicators could also be used in its relative valuation, which is a method of valuing Alkermes Plc by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Alkermes Plc to competition |
| Fundamentals | Alkermes Plc | Peer Average |
| Return On Equity | 0.46 | -0.31 |
| Return On Asset | 0.13 | -0.14 |
| Profit Margin | 0.21 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 3.62 B | 16.62 B |
| Shares Outstanding | 169.18 M | 571.82 M |
| Shares Owned By Insiders | 1.24 % | 10.09 % |
| Shares Owned By Institutions | 98.76 % | 39.21 % |
| Number Of Shares Shorted | 14.34 M | 4.71 M |
| Price To Earning | (38.45) X | 28.72 X |
| Price To Book | 3.39 X | 9.51 X |
| Price To Sales | 2.45 X | 11.42 X |
| Revenue | 1.66 B | 9.43 B |
| Gross Profit | 893.69 M | 27.38 B |
| EBITDA | 486.73 M | 3.9 B |
| Net Income | 519.16 M | 570.98 M |
| Cash And Equivalents | 580.97 M | 2.7 B |
| Cash Per Share | 3.54 X | 5.01 X |
| Total Debt | 290.73 M | 5.32 B |
| Debt To Equity | 0.38 % | 48.70 % |
| Current Ratio | 2.38 X | 2.16 X |
| Book Value Per Share | 7.20 X | 1.93 K |
| Cash Flow From Operations | 401.35 M | 971.22 M |
| Short Ratio | 6.93 X | 4.00 X |
| Earnings Per Share | 3.06 X | 3.12 X |
| Price To Earnings To Growth | (1,057) X | 4.89 X |
| Target Price | 35.55 | |
| Number Of Employees | 2.1 K | 18.84 K |
| Beta | 0.55 | -0.15 |
| Market Capitalization | 4.07 B | 19.03 B |
| Total Asset | 2.14 B | 29.47 B |
| Retained Earnings | (1.34 B) | 9.33 B |
| Working Capital | 965.29 M | 1.48 B |
Note: Disposition of 2559 shares by Samuel Parisi of Alkermes Plc at 29.65 subject to Rule 16b-3 [view details]
Alkermes Plc Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Alkermes . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Alkermes Plc Buy or Sell Advice
When is the right time to buy or sell Alkermes Plc? Buying financial instruments such as Alkermes Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 295.8M | 293.3M | 290.7M | 214.8M | Total Assets | 2.0B | 2.0B | 2.1B | 2.2B |
Use Investing Ideas to Build Portfolios
In addition to having Alkermes Plc in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hedge Favorites Theme or any other thematic opportunities.
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Check out Alkermes Plc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Alkermes Stock please use our How to Invest in Alkermes Plc guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary 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.
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Is Alkermes Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alkermes Plc. If investors know Alkermes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alkermes Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.06 | Revenue Per Share 10.007 | Quarterly Revenue Growth 0.239 | Return On Assets 0.1281 | Return On Equity 0.4622 |
The market value of Alkermes Plc is measured differently than its book value, which is the value of Alkermes that is recorded on the company's balance sheet. Investors also form their own opinion of Alkermes Plc's value that differs from its market value or its book value, called intrinsic value, which is Alkermes Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alkermes Plc's market value can be influenced by many factors that don't directly affect Alkermes Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alkermes Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alkermes Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alkermes Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.