Esperion Therapeutics Inc (NASDAQ:ESPR) Shares Are Up 3.43 Percent In A Week – But Can The Gains Continue?

In last trading session, Esperion Therapeutics Inc (NASDAQ:ESPR) saw 11.85 million shares changing hands with its beta currently measuring 0.93. Company’s recent per share price level of $2.11 trading at -$0.1 or -4.52% at ring of the bell on the day assigns it a market valuation of $414.04M. That closing price of ESPR’s stock is at a discount of -61.14% from its 52-week high price of $3.40 and is indicating a premium of 58.77% from its 52-week low price of $0.87. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.34 million shares which gives us an average trading volume of 3.49 million if we extend that period to 3-months.

For Esperion Therapeutics Inc (ESPR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.71. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.18 in the current quarter.

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Esperion Therapeutics Inc (NASDAQ:ESPR) trade information

Upright in the red during last session for losing -4.52%, in the last five days ESPR remained trading in the green while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $2.11 price level, adding 6.22% to its value on the day. Esperion Therapeutics Inc’s shares saw a change of -29.43% in year-to-date performance and have moved 3.43% in past 5-day. Esperion Therapeutics Inc (NASDAQ:ESPR) showed a performance of 9.33% in past 30-days. Number of shares sold short was 35.39 million shares which calculate 10.64 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 16 to the stock, which implies a rise of 86.81% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would drop -468.72% in reaching the projected high whereas dropping to the targeted low would mean a loss of -468.72% for stock’s current value.

Esperion Therapeutics Inc (ESPR) estimates and forecasts

Statistics highlight that Esperion Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 0.96% of value to its shares in past 6 months, showing an annual growth rate of 95.57% while that of industry is 18.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 193.70% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 51.32M for the same. And 6 analysts are in estimates of company making revenue of 61.01M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 23.09% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 84.83% while estimates for its earnings growth in next 5 years are of 16.90%.

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

Insiders are in possession of 0.50% of company’s total shares while institution are holding 69.39 percent of that, with stock having share float percentage of 69.73%. Investors also watch the number of corporate investors in a company very closely, which is 69.39% institutions for Esperion Therapeutics Inc that are currently holding shares of the company. WASATCH ADVISORS LP is the top institutional holder at ESPR for having 16.86 million shares of worth $37.44 million. And as of 2024-06-30, it was holding 9.9628 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 13.98 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.2617 of outstanding shares, having a total worth of $31.04 million.