Alkermes Plc (NASDAQ: ALKS) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.90 versus $0.96 for the same period a year ago — a decline of -6%. However, this performance was $0.17 better than the consensus estimate of $0.74. For the latest four quarters through December 31, E.P.S. were $2.25 versus $3.12 for the same period a year ago — a decline of -28%.
Recent Price Action
Alkermes Plc (NASDAQ: ALKS) stock enjoyed a large increase of 4.8% on 2/12/25. The stock closed at $33.50. Moreover, exceptionally high trading volume at 220% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 7.0% during the last week.
Current PriceTarget Research Rating
Alkermes has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Alkermes has a poor Appreciation Score of 23 but a slightly positive Power Rating of 63, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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