The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Novo Nordisk A/S is a Danish multinational pharmaceutical firm headquartered in Bagsværd, with manufacturing facilities across nine countries and affiliates or offices in five others. The company is predominantly controlled by its majority shareholder, Novo Holdings A/S, which owns approximately 28.1% of its shares and a majority of its voting rights.
Novo Nordisk specializes in the production and marketing of pharmaceutical products and services, focusing primarily on diabetes care medications and devices. Among its key products is semaglutide, utilized for diabetes treatment under the brand names Ozempic and Rybelsus, as well as for obesity treatment under the brand name Wegovy. The company also engages in hemostasis management, growth hormone therapy, and hormone replacement therapy, producing numerous drugs under various brand names such as Levemir, Tresiba, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza.
Employing over 48,000 individuals worldwide, Novo Nordisk distributes its products in 168 countries. The corporation was formed in 1989 from a merger of two Danish companies with origins tracing back to the 1920s. The Novo Nordisk logo features the Apis bull, a sacred animal from ancient Egypt, represented by the hieroglyph 𓃒. Novo Nordisk is also a full member of the European Federation of Pharmaceutical Industries and Associations.
Recognized for its workplace culture, the company was ranked 25th among Fortune's 100 Best Companies to Work For in 2010, later ranking 72nd in 2014 and 73rd in 2017. In January 2012, Novo Nordisk was acclaimed as the most sustainable company globally by Corporate Knights, while its spin-off, Novozymes, secured the fourth position. The company is a leader in the FTSE4Good Index and stands as the only European firm in the top ten list. As the largest pharmaceutical company in Denmark, Novo Nordisk's market capitalization surpassed the GDP of Denmark's domestic economy in 2023, making it the highest valued company in Europe, with net sales reaching US$42.121 billion in 2024.
The company's current financial score is 8.52, which is higher than the Pharmaceuticals industry's average of 7.77. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 11.67B, representing a year-over-year increase of 18.85%, while its net profit experienced a year-over-year increase of 39.12%.
Key Metrics
The company’s current valuation score is 7.37, which is higher than the Pharmaceuticals industry's average of 7.19. Its current P/E ratio is 14.56, which is 247.36% below the recent high of 50.57 and 14.31% above the recent low of 12.47.
The company’s current earnings forecast score is 6.18, which is lower than the Pharmaceuticals industry's average of 7.78. The average price target for Novo Nordisk A/S is 63.50, with a high of 100.00 and a low of 47.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.62, which is lower than the Pharmaceuticals industry's average of 7.02. Sideways: Currently, the stock price is trading between the resistance level at 58.45 and the support level at 49.93, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 3.00, which is lower than the Pharmaceuticals industry's average of 5.59. The latest institutional shareholding proportion is 9.39%, representing a quarter-over-quarter decrease of 4.36%. The largest institutional shareholder is Ken Fisher, holding a total of 11.00M shares, representing 0.33% of shares outstanding, with 12.92% decrease in holdings.
The company’s current risk assessment score is 5.17, which is higher than the Pharmaceuticals industry's average of 5.11. The company's beta value is 0.66. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
