While Esperion Therapeutics Inc. has overperformed by 6.09%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ESPR rose by 166.34%, with highs and lows ranging from $3.40 to $0.70, whereas the simple moving average fell by -7.37% in the last 200 days.
On June 20, 2024, BofA Securities Downgraded Esperion Therapeutics Inc. (NASDAQ: ESPR) to Underperform. A report published by BofA Securities on January 03, 2024, Downgraded its rating to ‘Neutral’ for ESPR. BofA Securities June 15, 2023d its ‘Underperform’ rating to ‘Buy’ for ESPR, as published in its report on June 15, 2023. Northland Capital’s report from March 16, 2023 suggests a price prediction of $1 for ESPR shares, giving the stock a ‘Under Perform’ rating. BofA Securities also rated the stock as ‘Underperform’.
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Analysis of Esperion Therapeutics Inc. (ESPR)
Further, the quarter-over-quarter increase in sales is 186.33%, showing a positive trend in the upcoming months.
One of the most important indicators of Esperion Therapeutics Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 1.49, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and ESPR is recording 4.01M average volume. On a monthly basis, the volatility of the stock is set at 7.53%, whereas on a weekly basis, it is put at 6.76%, with a gain of 2.45% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.59, showing growth from the present price of $2.09, which can serve as yet another indication of whether ESPR is worth investing in or should be passed over.
How Do You Analyze Esperion Therapeutics Inc. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.05%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 72.26% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ESPR shares are owned by institutional investors to the tune of 72.26% at present.