Report
Damien Conover
EUR 98.48 For Business Accounts Only

Lilly Posts Solid 1Q Growth and Approaches Patent Losses With Strength as Shares Look Undervalued

Eli Lilly reported first-quarter results in line with our and consensus expectations, and we don’t expect any major changes to our $89 fair value estimate. We view the stock as undervalued as the investment community appears to underappreciate the new drug launches. We continue to view immunology drugs Taltz and baricitinib along with diabetes drugs Jardiance and Trulicity as well positioned for growth. The wide diversity of new product launches increases our confidence in our wide economic moat...
Underlying
Eli Lilly and Company

Eli Lilly and Company discovers, develops, manufactures, and markets products in a single business segment: human pharmaceutical products. The company's human pharmaceutical products include: diabetes and other endocrinology products, immunology products, neuroscience products, oncology products, and other products. The company's diabetes and other endocrinology products include: Baqsimi? and Basaglar?. The company's immunology products include: Olumiant? and Taltz?. The company's neuroscience products include: Cymbalta? and Emgality?. The company's oncology products include: Alimta?, Cyramza?, Erbitux? and Verzenio?. The company's other products include: Cialis?.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Damien Conover

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