In the JPMorgan survey of 123 buyside investors between May 16 and May 20, about 60% of respondents indicated Valeant would need to offer in the $181-$200 range for Allergan to be acquired, according to a research note today.
- VRX's very impressive revenue growth greatly exceeded the industry average of 5.2%. Since the same quarter one year prior, revenues leaped by 76.5%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- Investors have apparently begun to recognize positive factors similar to those we have mentioned in this report, including earnings growth. This has helped drive up the company's shares by a sharp 62.50% over the past year, a rise that has exceeded that of the S&P 500 Index. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
- The net income growth from the same quarter one year ago has exceeded that of the Pharmaceuticals industry average, but is less than that of the S&P 500. The net income increased by 17.9% when compared to the same quarter one year prior, going from -$27.53 million to -$22.60 million.
- VALEANT PHARMACEUTICALS INTL has improved earnings per share by 22.2% in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, VALEANT PHARMACEUTICALS INTL reported poor results of -$2.62 versus -$0.38 in the prior year.
- The gross profit margin for VALEANT PHARMACEUTICALS INTL is rather high; currently it is at 54.52%. Despite the high profit margin, it has decreased significantly from the same period last year. Despite the mixed results of the gross profit margin, VRX's net profit margin of -1.19% significantly underperformed when compared to the industry average.
- You can view the full analysis from the report here: VRX Ratings Report