Will Esperion Therapeutics Inc (NASDAQ: ESPR) Stock Boom Or Bust From Here?

During the last session, Esperion Therapeutics Inc (NASDAQ:ESPR)’s traded shares were 8.22 million, with the beta value of the company hitting 1.00. At the end of the trading day, the stock’s price was $2.55, reflecting an intraday loss of -5.20% or -$0.14. The 52-week high for the ESPR share is $3.94, that puts it down -54.51 from that peak though still a striking 46.27% gain since the share price plummeted to a 52-week low of $1.37. The company’s market capitalization is $502.44M, and the average intraday trading volume over the past 10 days was 9.13 million shares, and the average trade volume was 4.84 million shares over the past three months.

Esperion Therapeutics Inc (ESPR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.71. ESPR has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.13.

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Esperion Therapeutics Inc (NASDAQ:ESPR) trade information

Esperion Therapeutics Inc (ESPR) registered a -5.20% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.20% in intraday trading to $2.55, hitting a weekly high. The stock’s 5-day price performance is -23.65%, and it has moved by 4.94% in 30 days. Based on these gigs, the overall price performance for the year is 73.47%. The short interest in Esperion Therapeutics Inc (NASDAQ:ESPR) is 30.49 million shares and it means that shorts have 5.7 day(s) to cover.

The consensus price target of analysts on Wall Street is $16, which implies an increase of 84.06% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $12 and $20 respectively. As a result, ESPR is trading at a discount of -684.31% off the target high and -370.59% off the low.

Esperion Therapeutics Inc (ESPR) estimates and forecasts

Statistics show that Esperion Therapeutics Inc has outperformed its competitors in share price, compared to the industry in which it operates. Esperion Therapeutics Inc (ESPR) shares have gone down -12.37% during the last six months, with a year-to-date growth rate more than the industry average at 86.70% against 16.50. In the rating firms’ projections, revenue will increase 181.24% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 61.56M as predicted by 6 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 60.8M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 32.25M and 137.74M respectively. In this case, analysts expect current quarter sales to grow by 90.87% and then drop by -55.86% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 23.09%. While earnings are projected to return 85.15% in 2024, the next five years will return 16.90% per annum.

ESPR Dividends

Esperion Therapeutics Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Esperion Therapeutics Inc insiders own 0.50% of total outstanding shares while institutional holders control 66.34%, with the float percentage being 66.67%. WASATCH ADVISORS LP is the largest shareholder of the company, while 223.0 institutions own stock in it. As of 2024-06-30, the company held over 16.86 million shares (or 9.9628% of all shares), a total value of $37.44 million in shares.

The next largest institutional holding, with 13.98 million shares, is of BLACKROCK INC.’s that is approximately 8.2617% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $31.04 million.