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At a forward price-to-earnings (P/E) ratio of 56.7, Lilly's stock is a bit pricey compared to the broader market. The forward P/E of the S&P 500 is roughly 20 right now.
Here's why they make this stock worth a buy. The latest-earnings update has a lot to like Lilly's revenue rose by 26% year over year in the first quarter, reaching more than $8.7 billion.
Eli Lilly CEO Dave Ricks discusses the hot GLP-1 space and how ... Click here for in-depth analysis of the latest health industry news and events impacting stock prices. Show comments. Advertisement.
Eli Lilly and Company is an American pharmaceutical company headquartered in Indianapolis, Indiana, with offices in 18 countries. Its products are sold in approximately 125 countries. The company was founded in 1876 by Eli Lilly, a pharmaceutical chemist and Union Army veteran of the American Civil War for whom the company was later named.
(Reuters) -Explosive demand and increased manufacturing capacity for Eli Lilly's weight-loss drug Zepbound drove the company to raise its annual sales forecast by $2 billion on Tuesday, lifting ...
ImClone's stock price dropped sharply at the end of 2001 when its drug Erbitux, an experimental monoclonal antibody, failed to get the expected Food and Drug Administration (FDA) approval. It was later revealed by the U.S. Securities and Exchange Commission that numerous executives sold their stock before the announcement of the decision after ...
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