What Wall Street Analysts Are Saying about Eli Lilly
Eli Lilly (LLY) reported EPS (earnings per share) of $2.58 on revenue of $21.2 billion in 2016, compared to EPS of $2.26 on revenue of $20.0 million in 2015.
Apr. 4 2017, Updated 7:36 a.m. ET
![uploads///Chart EPS](https://media.marketrealist.com/brand-img/UfJtTdJCZ/480x251/uploads/2017/03/Chart-011-EPS-1.jpg 480w, https://media.marketrealist.com/brand-img/UfJtTdJCZ/640x335/uploads/2017/03/Chart-011-EPS-1.jpg 640w, https://media.marketrealist.com/brand-img/UfJtTdJCZ/768x402/uploads/2017/03/Chart-011-EPS-1.jpg 768w, https://media.marketrealist.com/brand-img/UfJtTdJCZ/1024x536/uploads/2017/03/Chart-011-EPS-1.jpg 1024w, https://media.marketrealist.com/brand-img/UfJtTdJCZ/1280x670/uploads/2017/03/Chart-011-EPS-1.jpg 1280w, https://media.marketrealist.com/brand-img/UfJtTdJCZ/1440x753/uploads/2017/03/Chart-011-EPS-1.jpg 1440w, https://media.marketrealist.com/brand-img/UfJtTdJCZ/1600x837/uploads/2017/03/Chart-011-EPS-1.jpg 1600w, https://media.marketrealist.com/brand-img/UfJtTdJCZ/2160x1130/uploads/2017/03/Chart-011-EPS-1.jpg 2160w)
Analysts’ estimates
Eli Lilly (LLY) reported EPS (earnings per share) of $2.58 on revenue of $21.2 billion in 2016, compared to EPS of $2.26 on revenue of $20.0 million in 2015.
Further to this, the company is expected to report EPS of $4.10 on revenue of $22.2 billion in 2017, a 4.4% rise compared to its 2016 revenue. It’s expected to report EPS of $4.40 on revenue of $22.3 billion in 2018.
Quarterly estimates
LLY’s 4Q16 revenue surpassed Wall Street analysts’ estimates. The company reported revenue of $5.8 billion, compared to analysts’ estimate of $5.6 billion.
Analysts expect the company to report EPS of $0.96 with a revenue rise of 7% to $5.2 billion in 1Q17. They expect the company to report EPS of $1.03 with a revenue rise of ~3.5% to $5.6 billion in 2Q17.
Analysts’ recommendations
Eli Lilly’s stock price has risen ~18.2% over the last 12 months. Analysts estimate that the stock has the potential to return ~3.9% over the next 12 months. Analysts’ recommendations show a 12-month target price of $88.05 per share, compared to the stock’s last price of $84.75 per share on March 29, 2017.
A total of 77.7% of analysts recommend “buys,” and 22.3% of analysts recommend “holds” on LLY. Changes in analysts’ estimates and recommendations are based on changing trends in the stock’s price.
To avoid company-specific risks, investors can consider ETFs such as the iShares Core High Dividend ETF (HDV), which holds 1.5% of its total assets in Eli Lilly, 5.8% in Johnson & Johnson (JNJ), 4.9% in Pfizer (PFE), and 3.5% in Merck & Co. (MRK).