Earnings in focus: Catalyst Pharmaceuticals, Inc. (CPRX)'s track record
- Author: Zachary Reyes Mar 17, 2017,
Mar 17, 2017, 3:49
They now have a United States dollars 1.9 price target on the stock.
Nonetheless, and in the immediate aftermath of reporting, investor reaction in Catalyst Pharmaceuticals, Inc. The stock had previously closed at $1.71, but opened at $1.55.
Shares in Alibaba Group Holding Ltd (NYSE:BABA) declined -1.25%, trading current session at $102.97 with a total trading volume of 6.30 million shares. Earnings, with 4 analysts believing the company would generate an Average Estimate of $-0.07. (NASDAQ:CPRX)'s shares have the potential to reach a high EPS of -0.06 per share, and a low EPS of -0.08 per share in the current quarter. The stock is now moving above its 20-Day Simple Moving Average of 2.54% with the 50-Day Simple Moving Average of 2.54 percent.
Catalyst Pharmaceuticals Inc (NASDAQ:CPRX) reported Q4 GAAP net loss of $18,072,452, or $0.22 per basic and diluted share, compared to a GAAP net loss of $20,232,958 or $0.25 per basic and diluted share, for the 2015 fiscal year.
Many research firms have provided their ratings on Catalyst Pharmaceuticals, Inc.
According to the the latest analyst ratings which have been released, 0 brokers have issued a rating of "buy", 4 brokers "outperform", 0 brokers "hold", 0 brokers "underperform" and 0 brokers "sell". In the last five years, the company's full-year sales growth remained over 0.00% a year on average and the company's earnings per share moved down by an average rate of -3.00%. According to them, the median (average) EPS the company could deliver is -0.07/share. The Low Price target projection by analysts is $2.5 and the Mean Price Target is $4.38.
The 4 analysts offering 12-month price forecasts for Catalyst Pharmaceuticals Inc have a median target of 4.50, with a high estimate of 6.00 and a low estimate of 2.50. The median estimate represents a +284.62% increase from the last price of 1.17.
The stock is now showing YTD performance of 47.62 Percent.
The company's stock now has 128.6 Million in market capitalization. The company rocked its 52-Week High of $1.77 on Mar 15, 2017 and touched its 52-Week Low of $0.51 on April 26, 2016. The Return on Assets stands at -37.9%, Return on Equity shows -40.4% and Return on Investment value is 0%. (NASDAQ:CPRX) reported Actual EPS of $-0.05/share with the difference of 0.01 percent and a surprise of 16.7 percent. The Weekly and Monthly Volatility stands at 10.61% and 5.03%. The stock's closing price was $0.76 with the loss of -3.80% in its share price on the day following the earning announcement.