Equities analysts expect ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) to announce earnings per share (EPS) of ($0.12) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for ZIOPHARM Oncology’s earnings, with the highest EPS estimate coming in at ($0.09) and the lowest estimate coming in at ($0.14). ZIOPHARM Oncology posted earnings per share of ($0.09) in the same quarter last year, which suggests a negative year over year growth rate of 33.3%. The firm is expected to issue its next earnings report on Tuesday, May 9th.

According to Zacks, analysts expect that ZIOPHARM Oncology will report full-year earnings of ($0.56) per share for the current fiscal year, with EPS estimates ranging from ($0.78) to ($0.43). For the next year, analysts expect that the business will report earnings of ($0.67) per share, with EPS estimates ranging from ($0.96) to ($0.45). Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for ZIOPHARM Oncology.

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. reaffirmed a “hold” rating on shares of ZIOPHARM Oncology in a research note on Thursday, January 12th. Griffin Securities reaffirmed a “buy” rating and issued a $23.00 price target (up previously from $21.00) on shares of ZIOPHARM Oncology in a research note on Friday, February 10th. Finally, Zacks Investment Research lowered ZIOPHARM Oncology from a “hold” rating to a “sell” rating in a research note on Thursday, April 6th. One analyst has rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $10.15.

ZIOPHARM Oncology (NASDAQ:ZIOP) traded up 0.28% on Monday, hitting $7.10. 1,216,951 shares of the company were exchanged. The stock’s market capitalization is $927.94 million. The stock’s 50-day moving average price is $6.47 and its 200-day moving average price is $6.16. ZIOPHARM Oncology has a 52-week low of $4.45 and a 52-week high of $8.86.

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Several institutional investors have recently made changes to their positions in ZIOP. Wells Fargo & Company MN raised its position in shares of ZIOPHARM Oncology by 1.4% in the third quarter. Wells Fargo & Company MN now owns 156,929 shares of the biotechnology company’s stock valued at $883,000 after buying an additional 2,159 shares during the period. National Planning Corp raised its position in shares of ZIOPHARM Oncology by 8.7% in the fourth quarter. National Planning Corp now owns 32,093 shares of the biotechnology company’s stock valued at $204,000 after buying an additional 2,569 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of ZIOPHARM Oncology by 0.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 580,992 shares of the biotechnology company’s stock valued at $3,271,000 after buying an additional 2,930 shares during the period. Teachers Advisors LLC raised its position in shares of ZIOPHARM Oncology by 1.9% in the fourth quarter. Teachers Advisors LLC now owns 198,508 shares of the biotechnology company’s stock valued at $1,062,000 after buying an additional 3,699 shares during the period. Finally, Ray Gerald L & Associates Ltd. raised its position in shares of ZIOPHARM Oncology by 16.8% in the third quarter. Ray Gerald L & Associates Ltd. now owns 29,209 shares of the biotechnology company’s stock valued at $164,000 after buying an additional 4,200 shares during the period. 41.26% of the stock is currently owned by institutional investors and hedge funds.

ZIOPHARM Oncology Company Profile

ZIOPHARM Oncology, Inc is a biopharmaceutical company, which is seeking to develop, acquire and commercialize, on its own or with partners, a portfolio of cancer therapies that address unmet medical needs. The Company is focused on developing products in immuno-oncology that employ gene expression, control and cell technologies to deliver cell- and viral-based therapies for the treatment of cancer and graft-versus-host-disease.

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