In the last trading session, 2,176,347 shares of the Endo International plc (NASDAQ:ENDP) were traded, and its beta was 1.56. Most recently the company’s share price was $7.39, and it changed around $0.2 or 0.03% from the last close, which brings the market valuation of the company to $1.7 Billion. ENDP currently trades at a discount to its 52-week high of $10.89, offering almost -47.36% off that amount. The share price’s 52-week low was $2.71, which indicates that the current value has risen by an impressive 63.33% since then. We note from Endo International plc’s average daily trading volume that its 10-day average is 2.66 Million shares, with the 3-month average coming to 3.85 Million.
Endo International plc stock received a consensus recommendation rating of Hold, based on a mean score of 2.9. If we narrow it down even further, the data shows that 3 out of 14 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 8 recommended ENDP as a Hold, whereas 3 deemed it a Buy, and no one rated it as Underweight. Endo International plc is expected to report earnings per share of $0.47 for the current quarter.
Endo International plc (NASDAQ:ENDP): Trading Information
Instantly ENDP has showed a green trend with a performance of 2.78% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $7.69- on Tuesday, Apr 06 increased the stock’s daily price by 3.9%. The company’s shares are currently up 0.03% year-to-date, but still up 0.071 over the last five days. On the other hand, Endo International plc (NASDAQ:ENDP) is 0.06% up in the 30-day period. We can see from the shorts that 19.75 Million shares have been sold at a short interest cover period of 5.13 day (s).
The consensus price target as assigned by Wall Street analysts is $7.7, which translates to bears needing to increase their stock price by 4.19% from its current value. Analyst projections state that ENDP is forecast to be at a low of $3 and a high of $12. In order for the stock price to hit the forecast high, the stock would need to surge +62.38% from its current level, while the stock would need to crash -59.4% from its current level to reach the projected low.
Endo International plc (ENDP) projections and forecasts
Endo International plc share prices are not performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen +116.08 percent over the past six months and at a -26.13% annual growth rate that is well below the industry average of 17.3%. However, despite this, analysts have decided to cut back on their fiscal year 2021 revenue estimates. The rating firms predict that it will lose -50.5% in revenue this quarter, and will report a decline of -26.2% in the next quarter. The year-over-year growth rate is expected to be -6.9%, down from the previous year.
Consensus estimates provided by 10 financial analysts predict the company will bring in an average of $666.9 Million in revenue for the current quarter. 10 analysts expect Endo International plc to make $661.31 Million in revenue for the quarter ending June 01, 2021. The company’s sales for the same quarter a year ago was $820.4 Million. Analysts predict that the company’s current quarter sales will drop, forecast at -18.7%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 18.4%. Endo International plc earnings are expected to increase by 131.6% in 2021, but the outlook is negative -6.45% per year for the next five years.
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Endo International plc (NASDAQ:ENDP)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 1.12% of Endo International plc shares, and 84.96% of them are in the hands of institutional investors. The stock currently has a share float of 85.92%. Endo International plc stock is held by 267 institutions, with Blackrock Inc. being the largest institutional investor. By Dec 30, 2020, it held 15.93% of the shares, which is about 36.71 Million shares worth $263.61 Million.
Vanguard Group, Inc. (The), with 10.99% or 25.34 Million shares worth $181.92 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Feb 27, 2021. The former held 15425961 shares worth $122.33 Million, making up 6.69% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 6.5 Million shares worth around $46.69 Million, which represents about 2.82% of the total shares outstanding.