Esperion Therapeutics Inc. (NASDAQ:ESPR) traded at $3.24 at close of the session on Friday, April 05, made an upward move of 4.18% on its previous day’s price.
Looking at the stock we see that its previous close was $3.11 and the beta (5Y monthly) reads 0.82 . In terms of its 52-week price range, ESPR has a high of $3.40 and a low of $0.70. The company’s stock has gained about 31.71% over that past 30 days.
Esperion Therapeutics Inc. has a market cap of $552.16 million and is expected to release its quarterly earnings report on May 07, 2024 – May 13, 2024. Estimates by analysts give the company expected earnings per share (EPS) of $0.05, with the EPS growth for the year raised at -$0.4 for 2024 and $0.05 for next year. These figures represent 80.30% and 112.50% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $84.51 million, with a low of $28.9 million and a high of $144.57 million. The median projection represents growth squeezing down to 247.40% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $265.13 million, or 127.90% up from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the ESPR stock, short term indicators assign the stock an average of 75% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is 34.47% off its SMA20 and 32.94% from its 50-day simple moving average. The RSI (14) is pointing at 73.59 while the volatility over the past week is 12.13% and jumps to 10.79% over the past one month. The beta value is 0.79, while the average true range (ATR) is currently pointing at 0.28.
Coming back to Esperion Therapeutics Inc. (NASDAQ:ESPR), we note that the average 3-month trading volume was 6.65 million, while that of the preceding 10-day period stands at 12.82 million. Current shares outstanding are 170.42 million.
The insiders hold 1.10% of the company’s shares while institutions hold 48.10%. The data shows that short shares as of Mar 15, 2024, stood at 17.67 million at a short ratio of 4.07. This represents a 9.55% short interest in shares outstanding on Mar 15, 2024. Shares short fall in March from the previous month at 18.57 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 8.36% up in year-to-date price movement.
