With 3.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.63 million shares. The 52-week range on RPRX shows that it touched its highest point at $34.20 and its lowest point at $24.05 during that stretch. It currently has a 1-year price target of $40.40. With its current market cap of 18.62 billion, RPRX has annualized dividend of $0.85 while the current yield stands at 2.57%. Beta for the stock currently stands at 0.47.
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 RPRX was up-trending over the past week, with a rise of 0.06%, but this was up by 2.06% over a month. Three-month performance surged to 2.03% while six-month performance rose 25.64%. The stock gained 16.70% in the past year, while it has gained 29.83% so far this year. A look at the trailing 12-month EPS for RPRX yields 2.45 with Next year EPS estimates of 5.12. For the next quarter, that number is 1.05. This implies an EPS growth rate of 6.90% for this year and 16.13% for next year. EPS is expected to grow by 11.57% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -21.51%.
Float and Shares Shorts:
At present, 425.59 million RPRX shares are outstanding with a float of 331.95 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RPRX since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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.
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 $4.07868 being high and $4.00921 being low. For RPRX, this leads to a yearly average estimate of $4.04891. Based on analyst estimates, the high estimate for the next quarter is $1.22 and the low estimate is $0.87. The average estimate for the next quarter is thus $1.05.
