Teva- Pharmaceutical Industries Ltd. ADR (NYSE:TEVA) traded at $14.15 at last check on Monday, April 29, made an upward move of 2.48% on its previous day’s price.
Looking at the stock we see that its previous close was $13.81. In terms of its 52-week price range, TEVA has a high of $14.47 and a low of $7.09. The company’s stock has gained about 0.30% over that past 30 days.
Teva- Pharmaceutical Industries Ltd. ADR has a market cap of $15.86 billion. Estimates by analysts give the company expected earnings per share (EPS) of $0.51, with the EPS growth for the year raised at $2.41 for 2024 and $2.64 for next year. These figures represent -5.90% and 9.50% 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 $3.73 billion, with a low of $3.63 billion and a high of $3.82 billion. The median projection represents growth squeezing down to 2.80% 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 $15.87 billion, or 0.10% up from figures reported last year.
On the other hand, looking at the outlook for the TEVA stock, short term indicators assign the stock an average of 100% 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 4.69% off its SMA20 and 4.88% from its 50-day simple moving average. The RSI (14) is pointing at 63.35 while the volatility over the past week is 2.99% and jumps to 2.80% over the past one month. The beta value is 1.06, while the average true range (ATR) is currently pointing at 0.40.
Coming back to Teva- Pharmaceutical Industries Ltd. ADR (NYSE:TEVA), we note that the average 3-month trading volume was 10.10 million. Current shares outstanding are 1.12 billion.
The insiders hold 0.01% of the company’s shares while institutions hold 52.63%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 35.56% up in year-to-date price movement.
