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Sunday, October 25, 2020

Endo International plc (NASDAQ:ENDP) on the Path to Profitability

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Endo International plc (ENDP) shares are trading at higher $4.85 and the avg recommendation for the stock is Moderate Buy, while the current analyst price target stands at $5.16.

To add more color to this target, the company’s high over the last year is $7.10 and the low is $2.08. Over the last 52 weeks, ENDP is up 31.79% while the S&P 500 is up 18.03%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, ENDP reported a profit of $351.49 million. Endo International plc also saw revenues increase to $687.59 million. In addition, ENDP has free cash flow of $330.58 million as of 06-2020. The company’s EBITDA came in at $277.09 million which compares well with its peers.

ENDP booked profit margins of -5.20%, its Return on Equity (ROE) is 21.10%, and its Return on Assets is -1.70%. All told, it is clear that, ENDP needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. ENDP has a short ratio of 6.09 and outstanding shares of 229.72M.

Company Outlook

ENDP has seen increased volume after this news and investors are putting their support behind the value proposition. Traders will also note the company’s earnings per share came in at -0.35. Endo International plc ENDP also noted assets of $9.17 billion at the end of the last quarter. Investors should also keep an eye on sector updates as ENDP has historically followed its peers on positive news.

All told, Endo International plc ENDP has strung together solid data and demonstrated underlying fundamentals. At its current valuation, ENDP represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Endo International plc ENDP is now commanding a market cap of 1.09B and a float of 226.55M. ENDP is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of ENDP stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in ENDP, either long or short, and we have not been compensated for this article.

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