GSK Plc ADR (NYSE:GSK) does about 3.51M shares in volume on a normal day but saw 1482555 shares change hands in Friday trading. The company now has a market cap of 85.93B USD. Its current market price is $42.35, marking a decrease of -0.05% compared to the previous close of $42.37. The 52 week high reached by this stock is $43.84 whilst the lowest price level in 52 weeks is $33.33.
GSK Plc ADR (GSK) has a 20-day trading average at $42.56 and the current price is -3.40% off the 52-week high compared with 27.06% distance from its 52-week low. The 50-day simple moving average of the closing price is $41.40 and its 200-day simple moving average is $37.20. If we look at the stock’s price movements over the week, volatility stands at 0.71%, which increases to 0.88% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 52.56 to suggest the stock is neutral.
The consensus objective for the share price is $47.11, suggesting that the stock has a potential upside of 10.1% over the period.
Morgan Stanley initiated its price target at $44.
GSK Plc ADR (GSK) stock is up 0.38% over the week and 0.45% over the past month. Its price is 14.27% year-to-date and 21.35% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2023, with the company’s earnings per share (EPS) of $0.72 below consensus estimates by -$0.04. GSK’s earnings per share are forecast to grow by 4.40% this year and 12.90% over next year. Expected sales for next quarter are $9.6 billion, which analysts say will come at $40.55 billion for the current fiscal year and next year at $43.19 billion. In addition, estimates put the company’s current quarterly revenue at an average of $9.42 billion.
To reach the target analysts have set, the stock logically needs to grow 10.1 percent from here.
Outstanding shares total 2.03B with insiders holding 0.05% of the shares and institutional holders owning 14.43% of the company’s common stock. The company has a return on investment of 16.84% and return on equity of 41.19%. The price to earnings ratio (P/E ratio) amounts to 14.16 while the forward price to earnings ratio is 9.49. The beta has a value of 0.66. Price to book ratio is 5.05 and price to sales ratio is 2.28.
