Axovant Sciences Ltd (AXON) Expected to Announce Earnings of -$0.49 Per Share
Equities research analysts expect Axovant Sciences Ltd (NASDAQ:AXON) to announce earnings of ($0.49) per share for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Axovant Sciences’ earnings, with the highest EPS estimate coming in at ($0.25) and the lowest estimate coming in at ($0.56). Axovant Sciences reported earnings of ($0.48) per share during the same quarter last year, which indicates a negative year over year growth rate of 2.1%. The company is scheduled to announce its next earnings report on Tuesday, February 13th.
On average, analysts expect that Axovant Sciences will report full year earnings of ($2.18) per share for the current year, with EPS estimates ranging from ($2.44) to ($1.80). For the next year, analysts anticipate that the business will post earnings of ($2.02) per share, with EPS estimates ranging from ($2.65) to ($1.22). Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that follow Axovant Sciences.
AXON has been the subject of a number of research analyst reports. Oppenheimer reiterated a “buy” rating and issued a $30.00 target price on shares of Axovant Sciences in a research report on Monday, September 25th. Jefferies Group set a $40.00 price target on shares of Axovant Sciences and gave the company a “buy” rating in a report on Friday, August 25th. HC Wainwright restated a “buy” rating and set a $11.00 price target on shares of Axovant Sciences in a report on Wednesday, September 27th. BidaskClub upgraded shares of Axovant Sciences from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. Finally, Robert W. Baird restated a “hold” rating and set a $6.00 price target on shares of Axovant Sciences in a report on Wednesday, November 1st. Four analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $14.13.
Shares of Axovant Sciences (AXON) opened at $5.27 on Tuesday. Axovant Sciences has a 12-month low of $4.60 and a 12-month high of $27.98. The company has a debt-to-equity ratio of 0.34, a current ratio of 5.94 and a quick ratio of 5.94.
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Axovant Sciences Company Profile
Axovant Sciences Ltd. is a clinical-stage biopharmaceutical company. The Company is focused on acquiring, developing and commercializing therapeutics for the treatment of dementia, including Alzheimer’s disease and Lewy body dementia. The Company intends to develop a pipeline of product candidates to address the cognitive, functional and behavioral aspects of dementia and related neurological disorders.
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