Takeda Pharmaceutical Co ADR (NYSE:TAK) does about 2.10M shares in volume on a normal day but saw 1595012 shares change hands in the recent trading day. The company now has a market cap of 43.01B USD. Its current market price is $13.57, marking a decrease of -1.67% compared to the previous close of $13.80. The 52 week high reached by this stock is $15.08 whilst the lowest price level in 52 weeks is $12.57.
Takeda Pharmaceutical Co ADR (TAK) has a 20-day trading average at $14.18 and the current price is -10.01% off the 52-week high compared with 7.91% distance from its 52-week low. The 50-day simple moving average of the closing price is $14.57 and its 200-day simple moving average is $13.98. If we look at the stock’s price movements over the week, volatility stands at 1.03%, which increases to 1.06% 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 27.70 to suggest the stock is oversold.
The consensus objective for the share price is $16.25, suggesting that the stock has a potential upside of 16.49% over the period.
FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 2 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 16, 2023 when BofA Securities upgraded the stock to “Buy” and issued a price target of $20. Cowen also upgraded the stock to “Outperform” from Market Perform on July 19, 2022 at a price target of $21-$24.
The current price level is -4.30%, -6.86%, and -2.93% away from its SMA20, SMA50, and SMA200 respectively, with the TAK price moving above the 50-day SMA on current market day. Takeda Pharmaceutical Co ADR (TAK) stock is down -5.30% over the week and -7.37% over the past month. Its price is -4.91% year-to-date and -6.41% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.57 and 0.35 for whole year. Expected sales for next quarter are $7.56M, which analysts say will come at $28.87M for the current fiscal year and next year at $29.54M. In addition, estimates put the company’s current quarterly revenue at an average of $7.12M.
To reach the target analysts have set, the stock logically needs to grow 16.49 percent from here.
Outstanding shares total 3.17B with insiders holding 0.01% of the shares and institutional holders owning 2.32% of the company’s common stock. The company has a return on investment of 1.22% and return on equity of 2.02%. The price to earnings ratio (P/E ratio) amounts to 44.46 while the forward price to earnings ratio is 27.84. The beta has a value of 0.57. Price to book ratio is 0.88 and price to sales ratio is 1.46.
