Stock To Watch: ANI Pharmaceuticals (ANIP) In Perilous Reversal

Trade-Ideas LLC identified ANI Pharmaceuticals (ANIP) as a "perilous reversal" (up big yesterday but down big today) candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

ANI Pharmaceuticals

(

ANIP

) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified ANI Pharmaceuticals as such a stock due to the following factors:

  • ANIP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $17.7 million.
  • ANIP has traded 74,329 shares today.
  • ANIP is down 11.2% today.
  • ANIP was up 7% yesterday.

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More details on ANIP:

ANI Pharmaceuticals, Inc., an integrated specialty pharmaceutical company, develops, manufactures, and markets branded and generic prescription pharmaceuticals. It manufactures oral solid dose products, as well as liquids and topicals, narcotics, and potent products. ANIP has a PE ratio of 13. Currently there are 2 analysts that rate ANI Pharmaceuticals a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for ANI Pharmaceuticals has been 403,400 shares per day over the past 30 days. ANI has a market cap of $479.1 million and is part of the health care sector and drugs industry. The stock has a beta of 4.12 and a short float of 24.4% with 4.30 days to cover. Shares are down 20.6% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates ANI Pharmaceuticals as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

Highlights from the ratings report include:

  • ANIP's very impressive revenue growth greatly exceeded the industry average of 3.4%. Since the same quarter one year prior, revenues leaped by 193.6%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Powered by its strong earnings growth of 247.61% and other important driving factors, this stock has surged by 33.68% over the past year, outperforming the rise in the S&P 500 Index during the same period. 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.
  • ANIP's debt-to-equity ratio of 0.76 is somewhat low overall, but it is high when compared to the industry average, implying that the management of the debt levels should be evaluated further. Even though the debt-to-equity ratio shows mixed results, the company's quick ratio of 26.86 is very high and demonstrates very strong liquidity.
  • ANI PHARMACEUTICALS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. However, we anticipate underperformance relative to this pattern in the coming year. During the past fiscal year, ANI PHARMACEUTICALS INC turned its bottom line around by earning $2.53 versus -$5.54 in the prior year. For the next year, the market is expecting a contraction of 3.5% in earnings ($2.44 versus $2.53).
  • Net operating cash flow has decreased to $1.21 million or 38.28% when compared to the same quarter last year. Despite a decrease in cash flow ANI PHARMACEUTICALS INC is still fairing well by exceeding its industry average cash flow growth rate of -58.99%.

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