Alert: Major Price Decline (11/9/23)-Eagle Pharmaceuticals Inc (NASDAQ: EGRX).

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Eagle Pharmaceuticals Inc (NASDAQ: EGRX) stock closed at $9.54 on 11/9/23 after a major decline of -30.4%. The stock has been extremely weak relative to the market over the last nine months and has declined -31.5% during the last week.

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Current PriceTarget Research Rating

EGRX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Eagle Pharmaceuticals has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Eagle Pharmaceuticals has a very high Appreciation Score of 91 but a poor Power Rating of 25, leading to the High Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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