In the last trading session, 4.13 million Esperion Therapeutics Inc (NASDAQ:ESPR) shares changed hands as the company’s beta touched 0.97. With the company’s per share price at $2.80 changed hands at $0.26 or 10.24% during last session, the market valuation stood at $608.17M. ESPR’s last price was a discount, traded about -21.43% off its 52-week high of $3.40. The share price had its 52-week low at $1.16, which suggests the last value was 58.57% up since then. When we look at Esperion Therapeutics Inc’s average trading volume, we note the 10-day average is 5.04 million shares, with the 3-month average coming to 3.93 million.
Analysts gave the Esperion Therapeutics Inc (ESPR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.71. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended ESPR as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Esperion Therapeutics Inc’s EPS for the current quarter is expected to be -0.12.
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Esperion Therapeutics Inc (NASDAQ:ESPR) trade information
Instantly ESPR was in green as seen at the end of in last trading. With action 13.36%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -6.35%, with the 5-day performance at 13.36% in the green. However, in the 30-day time frame, Esperion Therapeutics Inc (NASDAQ:ESPR) is 31.46% up. Looking at the short shares, we see there were 31.25 million shares sold at short interest cover period of 6.99 days.
The consensus price target for the stock as assigned by Wall Street analysts is 16, meaning bulls need an upside of 82.5% from its current market value. According to analyst projections, ESPR’s forecast low is 12 with 20 as the target high. To hit the forecast high, the stock’s price needs a -614.29% plunge from its current level, while the stock would need to soar -328.57% for it to hit the projected low.
Esperion Therapeutics Inc (ESPR) estimates and forecasts
Data shows that the Esperion Therapeutics Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 29.63% over the past 6 months, a 87.68% in annual growth rate that is considerably higher than the industry average of 16.50%. Year-over-year growth is forecast to reach 178.29% up from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 61.56M. 1 analysts are of the opinion that Esperion Therapeutics Inc’s revenue for the current quarter will be 60.8M. The company’s revenue for the corresponding quarters a year ago was 32.25M and 137.74M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 90.87%. The estimates for the next quarter sales put growth at -55.86%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 23.09%. The 2024 estimates are for Esperion Therapeutics Inc earnings to increase by 84.69%, but the outlook for the next 5-year period is at 16.90% per year.
ESPR Dividends
Esperion Therapeutics Inc is expected to release its next quarterly earnings report in January.
Esperion Therapeutics Inc (NASDAQ:ESPR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.50% of Esperion Therapeutics Inc shares while 66.33% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 66.66%. There are 66.33% institutions holding the Esperion Therapeutics Inc stock share, with WASATCH ADVISORS LP the top institutional holder. As of 2024-06-30, the company held 9.9628% of the shares, roughly 16.86 million ESPR shares worth $37.44 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.2617% or 13.98 million shares worth $31.04 million as of 2024-06-30.
