Jazz Pharmaceuticals Average 12-Month Price Target at $205.67 with Moderate Buy Rating
Seventeen brokerages covering Jazz Pharmaceuticals assign an average “Moderate Buy” rating with a mean 12-month price target of $205.67, following recent individual revisions from JPMorgan’s $199 to Truist’s $230. Company insiders sold 123,791 shares worth $21.99 million last quarter, cutting Heather McSharry’s stake by 14.3% and Patricia Carr’s by 39.9%.
1. Analyst Ratings and Price Objectives
Seventeen research firms currently cover Jazz Pharmaceuticals. Of these, thirteen analysts have issued buy recommendations, three have assigned hold ratings and one has recommended selling the stock. The average one-year price objective among brokers updating their coverage in the past year stands at $205.67. Notable adjustments include JPMorgan reducing its target from $204.00 to $199.00 while maintaining an overweight view, Truist raising its outlook from $220.00 to $230.00 with a buy rating, and Robert W. Baird lifting its objective from $160.00 to $209.00 alongside an outperform designation.
2. Recent Insider Transactions
Director Heather Ann McSharry disposed of 3,415 shares on November 20th, representing a 14.31% reduction in her holding. Chief Accounting Officer Patricia Carr sold 4,660 shares on December 5th, trimming her ownership by 39.92%. Collectively, insiders offloaded 123,791 shares during the last quarter, equivalent to approximately $21.99 million in total value. Following these transactions, company officers and directors retain 4.30% of total outstanding shares.
3. Institutional Ownership and Activity
Institutional investors account for 89.14% of Jazz’s outstanding shares. In the third quarter, EverSource Wealth Advisors increased its stake by 9.0% to 983 shares, Tectonic Advisors added 1.5% to reach 5,626 shares and Fairbanks Capital Management grew its position by 0.4% to 25,023 shares. In the second quarter, Teacher Retirement System of Texas boosted its holding by 0.6% to 15,560 shares, while Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its position by 8.7% to 1,250 shares.
4. Financial and Operational Metrics
Jazz Pharmaceuticals maintains a quick ratio of 1.44, a current ratio of 1.65 and a debt-to-equity ratio of 1.09. The company’s market capitalization stands at approximately $9.95 billion. Profitability measures include a negative price-to-earnings ratio of 26.97 and a P/E/G ratio of 0.75, while the stock’s beta is 0.27, indicating lower volatility relative to the broader market.