How Many Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX)'s Analysts Are Bullish?

Share

Also, SVP Paul M. Silva sold 2,577 shares of Vertex Pharmaceuticals stock in a transaction dated Wednesday, June 21st. Dai Ichi Life Insurance Company Ltd's holdings in Vertex Pharmaceuticals were worth $3,732,000 as of its most recent SEC filing.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Baillie Gifford & Co. grew its holdings in shares of Vertex Pharmaceuticals by 6.9% during the second quarter. It dropped, as 48 investors sold Vertex Pharmaceuticals Incorporated shares while 165 reduced holdings. Tocqueville Asset Management L.P. purchased a new position in shares of Vertex Pharmaceuticals in the 2nd quarter valued at about $203,000. About shares traded. Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) has risen 45.69% since September 12, 2016 and is uptrending. Vanguard Group Inc. raised its holdings in Vertex Pharmaceuticals by 3.5% during the 1st quarter. The stock was trading on below-average volume. Capital Fund Management S.A. grew its holdings in shares of Vertex Pharmaceuticals by 17.4% during the second quarter. Capital World Investors now owns 22,292,383 shares of the pharmaceutical company's stock valued at $1,944,119,000 after buying an additional 599,586 shares during the period.

07/19/2017 - Vertex Pharmaceuticals Incorporated had its "buy" rating reiterated by analysts at Needham & Company. Finally, Argus boosted their price target on shares of Vertex Pharmaceuticals from $71.46 to $175.00 and gave the stock a "buy" rating in a research report on Tuesday, August 1st.

The stock decreased 0.64% or $1.02 during the last trading session, reaching $157.81.

According to the the latest analyst ratings which have been released, 9 brokers have issued a rating of "buy", 11 brokers "outperform", 5 brokers "hold", 0 brokers "underperform" and 0 brokers "sell". Vertex Pharmaceuticals has an average rating of "Buy" and a consensus target price of $162.88.

TRADEMARK VIOLATION WARNING: This story was originally posted by BBNS and is the sole property of of BBNS. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright legislation.

Shares of Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) opened at 156.82 on Wednesday. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 1.80 as current ratio and on the opponent side the debt to equity ratio was 0.81 and long-term debt to equity ratio also remained 0.77. The stock has a 50 day moving average price of $155.51 and a 200-day moving average price of $124.66. Putnam Invests Lc stated it has 0.07% of its portfolio in Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX). The pharmaceutical company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.33. The company had revenue of $544.10 million for the quarter, compared to analysts' expectations of $489.95 million. Vertex Pharmaceuticals had a return on equity of 4.64% and a net margin of 12.05%. VRTX generated revenue of $648.98 Million in the same quarter, one year ago. During the same quarter in the prior year, the firm earned $0.24 EPS. Equities analysts forecast that Vertex Pharmaceuticals Incorporated will post $1.60 earnings per share for the current year. The stock was sold at an average price of $133.36, for a total transaction of $343,668.72. Following the transaction, the chief marketing officer now directly owns 125,949 shares of the company's stock, valued at approximately $16,096,282.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 28,320 shares were sold by Arbuckle Stuart A, worth $3.38M on Friday, April 28. The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. The disclosure for this sale can be found here. (NASDAQ:EBAY) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 5.27 and sector's optimum level is 15.20.

Vertex Pharmaceuticals Incorporated's insider ownership stands at 0.5 percent, while its insider transaction is -52.22 percent.

Share

Advertisement

Related Posts

Farah Khan poses with Anil Kapoor's imposter on 'Lip Sing Battle'
Without keeping you much in dark, the actress we are talking about is none other than Raveena Tandon . Farah Khan's Lip Sing Battle has already started to grab the attention of the audience.

England target the All Blacks and their number one spot
November 2018 will be a tough month with games against top-ranked New Zealand and second-ranked England scheduled. The All Blacks came out on top on all four occassions when the teams met in 2014.

Eli Lilly and Company (LLY) Shares Bought by Bank of Nova Scotia
Equities research analysts anticipate that Eli Lilly and Company will post $4.16 earnings per share for the current fiscal year. In other news, SVP Susan Mahony sold 20,242 shares of Eli Lilly and Company stock in a transaction dated Friday, December 16th.

Itau Unibanco Banco Holding SA (NYSE:ITUB) to Buyback 60000000 Outstanding Stock
Citigroup Inc. cut Itau Unibanco Banco Holding SA from a "buy" rating to a "neutral" rating in a report on Friday, August 25th. Four research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company's stock.

Earnings Estimates Analysis: Graphic Packaging Holding Company (GPK)
During the last 52 weeks, the price has been as high as $38.55 and as low as $30.13. 100,000 are owned by Ksa Mgmt Ltd Llc. Its up 0.24, from 0.93 in 2016Q3. 295.52 million shares or 2.46% less from 302.96 million shares in 2016Q3 were reported.

Teen shot on Boston Common, police say
"BPD confirming person shot (male victim) with life threatening injuries near 139 Tremont St ( Boston Common)". No word on the identities or the exact ages of the suspects.

Mom hit by falling Central Park tree to sue city, attorney says
Her attorneys believe the tree was diseased and decayed. "It's a small miracle that her children weren't even more injured". Goldman was on maternity leave from her position as director of Social Media at Tory Burch. "Ms.

'Golmaal Again' trailer to release with 'Judwaa 2'
The song "Aa Toh Sahi" has been sung by Meet Bros and Neha Kakkar and they shot the song on the attractive beaches of Mauritius. While the teaser has been released today, the peppy song Aa Toh Sahi would be out tomorrow at 11 am.

United Continental Holdings, Inc. (UAL), KeyCorp (KEY)
United Continental Holdings, Inc ( UAL ) is a holding company and its principal subsidiary is United Air Lines, Inc (United). Raymond James Advsrs has 115,864 shares for 0.03% of their portfolio. invested in 7.81 million shares or 0.07% of the stock.

60% of S. Koreans Support Idea of S. Korea Having Nukes
North Korea has continued ratcheting up tensions with a series of provocations since Moon took office. Moon temporarily halted the THAAD installation for environmental reviews to ease residents' concerns.

© 2015 ExpressNewsline. All Rights reserved.