When Does Esperion Therapeutics Inc (ESPR) Become A Good Investment?

Esperion Therapeutics Inc (NASDAQ:ESPR) has a beta value of 0.91 and has seen 2.47 million shares traded in the last trading session. The company, currently valued at $390.53M, closed the last trade at $2.00 per share which meant it lost -$0.03 on the day or -1.48% during that session. The ESPR stock price is -70.0% off its 52-week high price of $3.40 and 57.5% above the 52-week low of $0.85. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.59 million shares traded. The 3-month trading volume is 3.55 million shares.

The consensus among analysts is that Esperion Therapeutics Inc (ESPR) is Buy stock at the moment, with a recommendation rating of 1.71. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 8 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.18.

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Esperion Therapeutics Inc (NASDAQ:ESPR) trade information

Sporting -1.48% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ESPR stock price touched $2.00 or saw a rise of 8.68%. Year-to-date, Esperion Therapeutics Inc shares have moved -33.11%, while the 5-day performance has seen it change -6.10%. Over the past 30 days, the shares of Esperion Therapeutics Inc (NASDAQ:ESPR) have changed -7.41%. Short interest in the company has seen 35.39 million shares shorted with days to cover at 10.64.

Wall Street analysts have a consensus price target for the stock at $16, which means that the shares’ value could jump 87.5% from current levels. The projected low price target is $12.0 while the price target rests at a high of $20.0. In that case, then, we find that the current price level is -900.0% off the targeted high while a plunge would see the stock gain -500.0% from current levels.

Esperion Therapeutics Inc (ESPR) estimates and forecasts

Figures show that Esperion Therapeutics Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -5.66% over the past 6 months, with this year growth rate of 95.57%, compared to 18.30% for the industry. Revenue growth from the last financial year stood is estimated to be 193.70%.

7 analysts offering their estimates for the company have set an average revenue estimate of 51.32M for the current quarter. 6 have an estimated revenue figure of 61.01M for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 23.09% over the past 5 years. Earnings growth for 2024 is a modest 85.75% while over the next 5 years, the company’s earnings are expected to increase by 16.90%.

ESPR Dividends

Esperion Therapeutics Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Esperion Therapeutics Inc (NASDAQ:ESPR)’s Major holders

Insiders own 0.50% of the company shares, while shares held by institutions stand at 68.63% with a share float percentage of 68.97%. Investors are also buoyed by the number of investors in a company, with Esperion Therapeutics Inc having a total of 211.0 institutions that hold shares in the company. The top two institutional holders are WASATCH ADVISORS LP with over 16.86 million shares worth more than $37.44 million. As of 2024-06-30, WASATCH ADVISORS LP held 9.9628% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 13.98 million shares as of 2024-06-30. The firm’s total holdings are worth over $31.04 million and represent 8.2617% of shares outstanding.