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How Has Endo International Performed This Year?

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Endo has given negative returns year-to-date

On October 5, Endo International (ENDP) fell by 5.32% on profit booking, breaking its three-day upward movement. As per the press release on October 1, the company announced “that it has completed the previously announced acquisition of a broad portfolio of branded and generic injectable and established products focused on pain, anti-infectives, cardiovascular and other specialty therapeutics areas from a subsidiary of Aspen Holdings, a leading publicly-traded South African company that supplies branded and generic products in more than 150 countries.”

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The above graph reflects the performance of ENDP with the Health Care Select Sector SPDR ETF (XLV) and the SDR S&P 500 (ETF). As of September 30, ENDP’s YTD (year-to-date) returns were -3.94%, XLV’s YTD returns were -3.14%, and SPY’s YTD returns stood at -6.79%. Industry peers Zoetis (ZTS) and Mylan (MYL) had YTD returns of -4.30% and -28.58%, respectively.

ENDP’s best performance of 9.91% returns came in July 2015 and its worst performance of -12.04% returns came in August 2015.

Valuations and moving averages of ENDP

The price-to-book value of ENDP on October 5 stood at 2.28x as compared to XLV’s industry average of 5.69x, indicating that the stock is trading below the industry average. The stock closed at $67.28 and was trading below its 20-day, 50-day, and 100-day moving averages. ENDP has a weight of 0.58% in XLV’s portfolio.

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