With 0.19 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.26 million shares. During the session, the Drug Manufacturers – Specialty & Generic company that operates in wider Healthcare sector, reached to the highest price of $54.675 whereas the lowest price it dropped to was $53.63. The 52-week range on ANIP shows that it touched its highest point at $70.81 and its lowest point at $52.50 during that stretch. It currently has a 1-year price target of $78.67. Beta for the stock currently stands at 0.74.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ANIP was down-trending over the past week, with a drop of -2.03%, but this was down by -4.93% over a month. Three-month performance dropped to -4.63% while six-month performance fell -13.18%. The stock lost -4.68% in the past year, while it has lost -2.03% so far this year. A look at the trailing 12-month EPS for ANIP yields -0.54 with Next year EPS estimates of 5.47. For the next quarter, that number is 1.45. This implies an EPS growth rate of 6.51% for this year and 8.97% for next year. EPS is expected to grow by 2.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -6.27%.
Float and Shares Shorts:
At present, 21.07 million ANIP shares are outstanding with a float of 17.42 million shares on hand for trading. On 2024-12-13, short shares totaled 2.35 million, which was 1118.0 higher than short shares on 1731628800. In addition to Mr. Nikhil Lalwani as the firm’s President, CEO & Director, Mr. Stephen P. Carey serves as its Senior VP of Finance & CFO.
Institutional Ownership:
Through their ownership of 1.0056 of ANIP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ANIP reported revenue of $148332000.0 and operating income of -$19694000.0. The EBITDA in the recently reported quarter was -$6481000.0 and diluted EPS was -$1.27.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ANIP since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ANIP analysts setting a high price target of 94.0 and a low target of 62.0, the average target price over the next 12 months is 78.66667. Based on these targets, ANIP could surge 73.56% to reach the target high and rise by 14.48% to reach the target low. Reaching the average price target will result in a growth of 45.25% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.10741 being high and $4.88704 being low. For ANIP, this leads to a yearly average estimate of $5.01667.
