Arrowhead Pharmaceuticals (ARWR) to Release Earnings on Tuesday
Arrowhead Pharmaceuticals (NASDAQ:ARWR) will post its quarterly earnings results after the market closes on Tuesday, December 12th. Analysts expect Arrowhead Pharmaceuticals to post earnings of ($0.10) per share for the quarter.
Arrowhead Pharmaceuticals (ARWR) opened at $3.45 on Friday. Arrowhead Pharmaceuticals has a 1-year low of $1.20 and a 1-year high of $4.54. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 0.03.
A number of analysts recently weighed in on ARWR shares. ValuEngine raised shares of Arrowhead Pharmaceuticals from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 24th. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $2.00 price objective (up from $1.00) on shares of Arrowhead Pharmaceuticals in a research note on Friday, September 15th. Chardan Capital reaffirmed a “neutral” rating on shares of Arrowhead Pharmaceuticals in a research note on Wednesday, September 13th. William Blair raised shares of Arrowhead Pharmaceuticals from a “market perform” rating to an “outperform” rating in a research note on Monday, September 18th. Finally, Piper Jaffray Companies raised shares of Arrowhead Pharmaceuticals from a “neutral” rating to an “overweight” rating and set a $5.50 price objective for the company in a research note on Monday, November 27th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $3.17.
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About Arrowhead Pharmaceuticals
Arrowhead Pharmaceuticals, Inc, formerly Arrowhead Research Corporation, develops medicines that treat intractable diseases by silencing the genes that cause them. Using a portfolio of ribonucleic acid (RNA) chemistries and modes of delivery, the Company’s therapies trigger the RNA interference mechanism to induce knockdown of target genes.
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