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Recordati Industria Chimica e Farmaceutica SPA (IT:REC)
:REC
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Recordati Industria Chimica e Farmaceutica SPA (REC) AI Stock Analysis

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IT:REC

Recordati Industria Chimica e Farmaceutica SPA

(LSE:REC)

Rating:69Neutral
Price Target:
€58.00
▲(8.11%Upside)
Recordati Industria Chimica e Farmaceutica SPA’s stock score is primarily driven by its strong financial performance, which is supported by effective cost management and solid cash flow metrics. Technical analysis and valuation provide a more cautious outlook, with indicators suggesting neutral momentum and a high P/E ratio indicating potential overvaluation. The absence of earnings call and corporate events data does not impact the score.

Recordati Industria Chimica e Farmaceutica SPA (REC) vs. iShares MSCI Italy ETF (EWI)

Recordati Industria Chimica e Farmaceutica SPA Business Overview & Revenue Model

Company DescriptionRecordati Industria Chimica e Farmaceutica S.p.A. (REC) is a leading international pharmaceutical company headquartered in Milan, Italy. The company operates in the healthcare sector, focusing on the development, manufacturing, and marketing of pharmaceuticals. Recordati specializes in a range of therapeutic areas including cardiovascular, urology, dermatology, and rare diseases, providing innovative solutions to improve patient health and quality of life.
How the Company Makes MoneyRecordati makes money primarily through the sale of its pharmaceutical products across various therapeutic areas. The company's revenue streams include prescription medications, over-the-counter (OTC) products, and specialty pharmaceuticals, particularly in the rare disease segment. Recordati's earnings are bolstered by a robust pipeline of new drugs and strategic acquisitions that expand its portfolio and market reach. Additionally, the company engages in licensing agreements and partnerships with other pharmaceutical firms to enhance its research capabilities and product offerings. These collaborations often result in shared revenue from co-developed or co-marketed products, contributing significantly to Recordati's financial performance.

Recordati Industria Chimica e Farmaceutica SPA Financial Statement Overview

Summary
Recordati Industria Chimica e Farmaceutica SPA demonstrates strong financial performance with solid revenue growth, profitability, and cash flow metrics. The company effectively manages costs and maintains a healthy balance sheet, although past leverage is a factor to monitor.
Income Statement
85
Very Positive
Recordati Industria Chimica e Farmaceutica SPA demonstrates strong revenue growth with a TTM revenue increase of 3.08% over the previous year. The company maintains solid profitability, evidenced by a gross profit margin of 68.11% and a net profit margin of 17.31% for the TTM. Additionally, EBIT and EBITDA margins are robust at 26.83% and 33.80% respectively, indicating effective cost management and operational efficiency.
Balance Sheet
70
Positive
The balance sheet shows a healthy equity ratio of 38.29% and a low debt-to-equity ratio of 0.01, reflecting financial stability. Return on equity stands at 21.13% for TTM, indicating effective utilization of equity. However, the presence of net debt in prior years suggests past leverage that has been effectively managed recently, though potential risks from liabilities should be monitored.
Cash Flow
78
Positive
Cash flow analysis reveals a strong operating cash flow to net income ratio of 1.40, signifying efficient cash generation relative to net income. The free cash flow to net income ratio is also solid at 1.27, reflecting good cash conversion. Free cash flow growth was slightly negative, but overall cash flow management remains commendable.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.34B2.08B1.85B1.58B1.45B
Gross Profit1.60B1.42B1.29B1.15B1.04B
EBITDA795.37M708.16M559.35M578.35M566.83M
Net Income416.51M389.21M312.34M385.97M354.98M
Balance Sheet
Total Assets5.13B4.21B4.00B2.82B2.71B
Cash, Cash Equivalents and Short-Term Investments322.42M221.81M284.73M244.58M188.23M
Total Debt22.84M1.81B1.72B992.19M1.06B
Total Liabilities3.26B2.52B2.45B1.43B1.44B
Stockholders Equity1.88B1.69B1.55B1.38B1.28B
Cash Flow
Free Cash Flow535.10M102.06M365.35M404.29M271.90M
Operating Cash Flow569.92M485.32M461.69M491.65M403.57M
Investing Cash Flow-844.94M-379.62M-767.12M-87.50M-131.56M
Financing Cash Flow372.11M-168.91M341.28M-355.94M-264.29M

Recordati Industria Chimica e Farmaceutica SPA Technical Analysis

Technical Analysis Sentiment
Positive
Last Price53.65
Price Trends
50DMA
53.29
Positive
100DMA
51.94
Positive
200DMA
52.39
Positive
Market Momentum
MACD
-0.07
Negative
RSI
53.09
Neutral
STOCH
69.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:REC, the sentiment is Positive. The current price of 53.65 is above the 20-day moving average (MA) of 53.34, above the 50-day MA of 53.29, and above the 200-day MA of 52.39, indicating a bullish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 53.09 is Neutral, neither overbought nor oversold. The STOCH value of 69.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:REC.

Recordati Industria Chimica e Farmaceutica SPA Peers Comparison

Overall Rating
UnderperformOutperform
Sector (52)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
€11.15B26.6722.02%2.37%12.85%7.34%
66
Neutral
€444.84M26.90
2.18%17.78%63.72%
65
Neutral
€655.04M19.9339.51%219.91%
65
Neutral
€4.95B26.8811.27%1.33%3.24%17.49%
52
Neutral
$7.63B0.11-62.96%2.08%16.16%0.31%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IT:REC
Recordati Industria Chimica e Farmaceutica SPA
53.65
2.54
4.97%
IT:DIA
DiaSorin S.p.A.
90.50
-12.58
-12.21%
IT:PHN
PharmaNutra SpA
45.95
-1.32
-2.79%
IT:PHIL
Philogen SpA
22.40
1.70
8.21%

Recordati Industria Chimica e Farmaceutica SPA Corporate Events

Recordati Updates on Share Buyback Program Execution
Jul 23, 2025

Recordati S.p.A. announced an update on its share buyback program, which began on 30 April 2025. The program aims to purchase shares to support stock options and performance share plans for the management of the Recordati Group. From 14 to 18 July 2025, Recordati purchased 130,231 ordinary shares at an average price of €52.9464 per share. As of 18 July 2025, the company held 3,764,910 own shares, representing 1.800% of its share capital. This move is part of Recordati’s strategy to enhance shareholder value and support its incentive plans.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Updates on Share Buyback Program Execution
Jul 16, 2025

Recordati S.p.A. has announced an update on its share buyback program, which began on April 30, 2025, following the Shareholders’ Meeting resolution. The program aims to purchase shares to support stock options and performance shares plans for the company’s management. Between July 7 and July 11, 2025, Recordati purchased 75,466 shares at an average price of 53.8449 Euros per share, bringing its total holdings to 3,674,679 shares, representing 1.757% of its share capital. This move is part of Recordati’s broader strategy to enhance its market position and incentivize its management team, potentially impacting shareholder value and market perception.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Updates on Share Buyback Program Execution
Jul 9, 2025

Recordati S.p.A. announced an update on its share buyback program, which was initiated to support stock options and performance share plans for the company’s management. From June 30 to July 4, 2025, the company purchased 80,423 ordinary shares at an average price of €53.5657, increasing its total holdings to 3,623,213 shares, representing 1.733% of its share capital. This strategic move aims to strengthen the company’s market position and provide incentives for its management team.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Engages in Strategic Share Transactions
Jul 8, 2025

Recordati has engaged in transactions involving the sale and purchase of treasury shares. These transactions include the sale of shares to beneficiaries of stock option plans and the purchase of shares through a buy-back program executed by UBS Europe SE. This strategic move is likely aimed at optimizing capital structure and enhancing shareholder value.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Updates on Share Buyback Program Execution
Jul 2, 2025

Recordati S.p.A. has updated its shareholders on the execution of its share buyback program, which was initiated to support stock options and performance share plans for the company’s management. The company purchased a total of 90,057 ordinary shares between June 23 and June 27, 2025, increasing its total holdings to 3,563,650 shares, representing 1.704% of its share capital.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Updates on Share Buyback Program Execution
Jun 24, 2025

Recordati S.p.A. has updated the market on its ongoing share buyback program, initiated to support its stock options and performance share plans. The company purchased 89,172 ordinary shares between June 16 and June 20, 2025, reflecting a strategic move to enhance shareholder value and support future incentive plans.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Updates on Share Buyback Program Execution
Jun 18, 2025

Recordati S.p.A. has updated its shareholders on the progress of its share buyback program, which was initiated to support stock options and performance share plans for its management. Between June 9 and June 13, 2025, Recordati purchased 82,346 of its own shares, representing 1.620% of its share capital, as part of its strategy to enhance shareholder value and incentivize management.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Updates on Share Buyback Program
Jun 10, 2025

Recordati announced an update on its share buyback program, which began on April 30, 2025, following a resolution by the Shareholders’ Meeting. The program is intended to purchase shares for stock option and performance share plans for the company’s management. During the period from June 2 to June 6, 2025, Recordati purchased 70,709 ordinary shares, bringing its total holdings to 3,360,825 shares, representing 1.607% of its share capital.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Updates on Share Buyback Program Execution
Jun 5, 2025

Recordati S.p.A. has updated on its share buyback program initiated in April 2025, aimed at acquiring shares for stock option and performance share plans for management. Between May 26 and May 30, 2025, Recordati purchased 76,378 shares, holding 1.604% of its share capital by the end of May, reflecting its strategic focus on incentivizing management and aligning with shareholder interests.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR55.50 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Updates on Share Buyback Program Execution
May 27, 2025

Recordati S.p.A. has announced an update on its share buyback program initiated on April 30, 2025. The company purchased 89,225 shares between May 19 and May 23, 2025, at an average price of 51.3752 Euros per share. This buyback is part of Recordati’s strategy to allocate shares for stock option and performance share plans for its management, reflecting its commitment to incentivizing its leadership and enhancing shareholder value.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Updates on Share Buyback Program Execution
May 20, 2025

Recordati S.p.A. has updated its shareholders on the progress of its share buyback program, initiated on April 30, 2025. The program, which aims to purchase shares for stock option and performance share plans, saw the acquisition of 88,677 ordinary shares between May 12 and May 16, 2025, reflecting the company’s strategic focus on incentivizing management and aligning with future incentive plans.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Updates on Share Buyback Program Execution
May 12, 2025

Recordati S.p.A. has updated its stakeholders on the execution of its share buyback program, which was initiated on April 30, 2025. The program aims to purchase shares to support stock options and performance share plans for the management of the Recordati Group. As of May 9, 2025, Recordati has purchased 2,329 ordinary shares at a weighted average price of €52.5512 each, and now holds 3,136,086 own shares, representing 1.500% of its share capital. This strategic move is expected to enhance the company’s incentive plans and align management interests with those of shareholders.

The most recent analyst rating on (IT:REC) stock is a Hold with a EUR51.00 price target. To see the full list of analyst forecasts on Recordati Industria Chimica e Farmaceutica SPA stock, see the IT:REC Stock Forecast page.

Recordati Reports Strong Q1 2025 Results with Double-Digit Revenue Growth
May 8, 2025

Recordati has reported strong financial performance in the first quarter of 2025, with consolidated net revenues increasing by 11.9% to €680.0 million. The company’s growth is driven by robust performance in its Specialty & Primary Care and Rare Diseases segments, with significant contributions from the extension of Isturisa’s indication and the approval of Signifor LAR in China. The company maintains its financial targets for 2025 and anticipates continued momentum through 2027, supported by strategic growth initiatives and disciplined cost management.

Recordati Updates on Share Buyback Program Execution
May 6, 2025

Recordati S.p.A. has updated its shareholders on the execution of its share buyback program, initiated on April 30, 2025, following a resolution from the Shareholders’ Meeting. The program aims to purchase shares to service stock options and performance share plans for the company’s management. As of May 2, 2025, Recordati has acquired 3,103 shares, bringing its total to 3,133,757 own shares, which is 1.499% of its share capital. This strategic move is part of Recordati’s broader efforts to enhance shareholder value and support its incentive plans.

Recordati Releases Shareholders’ Meeting Voting Summary
Apr 30, 2025

Recordati has released the summary report of the voting results from its Ordinary Shareholders’ Meeting held on April 29, 2025. This report is accessible on the company’s website and through an authorized storage mechanism, reflecting the company’s commitment to transparency and shareholder engagement.

Recordati Launches Share Buyback Program to Support Management Incentives
Apr 29, 2025

Recordati S.p.A. has announced a program to purchase up to 2,000,000 of its own shares to support stock option and performance share plans for its management. The program, managed by UBS Europe SE, will run until November 7, 2025, with a maximum countervalue of €125 million, aiming to enhance management incentives and potentially impact the company’s market positioning.

Recordati Approves 2024 Financials and Appoints New Board
Apr 29, 2025

Recordati S.p.A. announced the approval of its 2024 financial statements and a dividend increase to €1.27 per share, reflecting a 5.8% rise from the previous year. Additionally, a new Board of Directors was appointed for the 2025-2027 period, with Andrea Recordati and Robert Koremans confirmed as Chairman and CEO, respectively. The company also renewed its authorization to purchase and dispose of treasury shares and approved a new share purchase program to support stock option and performance share plans.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 24, 2025