In the last trading session, 3.07 million shares of the Esperion Therapeutics Inc (NASDAQ:ESPR) were traded, and its beta was 1.01. Most recently the company’s share price was $2.28, and it changed around -$0.04 or -1.72% from the last close, which brings the market valuation of the company to $441.49M. ESPR currently trades at a discount to its 52-week high of $3.94, offering almost -72.81% off that amount. The share price’s 52-week low was $1.58, which indicates that the current value has risen by an impressive 30.7% since then. We note from Esperion Therapeutics Inc’s average daily trading volume that its 10-day average is 7.55 million shares, with the 3-month average coming to 5.68 million.
Esperion Therapeutics Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.78. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended ESPR as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. Esperion Therapeutics Inc is expected to report earnings per share of -0.13 for the current quarter.
Esperion Therapeutics Inc (NASDAQ:ESPR) trade information
Instantly ESPR has showed a red trend with a performance of -1.72% 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 2.36 on recent trading dayincreased the stock’s daily price by 3.39%. The company’s shares are currently down -23.75% year-to-date, but still up 4.83% over the last five days. On the other hand, Esperion Therapeutics Inc (NASDAQ:ESPR) is -11.28% down in the 30-day period. We can see from the shorts that 25.47 million shares have been sold at a short interest cover period of 3.04 day(s).
The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to increase their stock price by 71.5% from its current value. Analyst projections state that ESPR is forecast to be at a low of $8 and a high of $8.
Esperion Therapeutics Inc (ESPR) estimates and forecasts
Esperion Therapeutics Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 2.70 percent over the past six months and at a 86.70% annual growth rate that is well above the industry average of 16.60%. The year-over-year growth rate is expected to be 181.23%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 62.14M in revenue for the current quarter. 3 analysts expect Esperion Therapeutics Inc to make 53.3M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 32.25M and 137.74M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 92.68%. Forecasts for the next quarter put sales growth at -61.30%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 23.09%. Esperion Therapeutics Inc earnings are expected to increase by 85.28% in 2024, but the outlook is positive 16.90% per year for the next five years.
ESPR Dividends
Esperion Therapeutics Inc’s next quarterly earnings report is expected to be released in January.
Esperion Therapeutics Inc (NASDAQ:ESPR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.48% of Esperion Therapeutics Inc shares, and 66.34% of them are in the hands of institutional investors. The stock currently has a share float of 66.66%. Esperion Therapeutics Inc stock is held by 223.0 institutions, with WASATCH ADVISORS LP being the largest institutional investor. By 2024-06-30, it held 9.9628% of the shares, which is about 16.86 million shares worth $37.44 million.
BLACKROCK INC., with 8.2617% or 13.98 million shares worth $31.04 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
