The Alkermes PLC (ALKS) – Research Analysts’ Recent Ratings Updates

The Alkermes PLC (ALKS) – Research Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Alkermes PLC (NASDAQ: ALKS):

Alkermes PLC (NASDAQ:ALKS) traded down 1.98% on Friday, hitting $43.00. 413,220 shares of the stock were exchanged. Alkermes PLC has a one year low of $27.14 and a one year high of $80.71. The company has a 50 day moving average of $46.82 and a 200 day moving average of $44.13. The stock’s market capitalization is $6.52 billion.

Alkermes PLC (NASDAQ:ALKS) last issued its quarterly earnings results on Thursday, July 28th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.09. Alkermes PLC had a negative net margin of 41.19% and a negative return on equity of 14.18%. The company earned $195.20 million during the quarter, compared to analysts’ expectations of $174.15 million. During the same quarter in the previous year, the company earned ($0.09) EPS. Alkermes PLC’s revenue was up 28.9% on a year-over-year basis. On average, equities research analysts forecast that Alkermes PLC will post ($0.12) earnings per share for the current fiscal year.

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