Equities analysts expect Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) to announce earnings per share (EPS) of $0.25 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Sucampo Pharmaceuticals’ earnings, with the highest EPS estimate coming in at $0.27 and the lowest estimate coming in at $0.23. Sucampo Pharmaceuticals posted earnings per share of $0.28 in the same quarter last year, which suggests a negative year over year growth rate of 10.7%. The firm is expected to issue its next earnings report on Wednesday, November 8th.

According to Zacks, analysts expect that Sucampo Pharmaceuticals will report full-year earnings of $1.01 per share for the current fiscal year, with EPS estimates ranging from $0.98 to $1.04. For the next year, analysts expect that the business will report earnings of $1.06 per share, with EPS estimates ranging from $0.98 to $1.14. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Sucampo Pharmaceuticals.

Sucampo Pharmaceuticals (NASDAQ:SCMP) last issued its quarterly earnings data on Wednesday, August 2nd. The biopharmaceutical company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.22 by $0.06. The company had revenue of $59.90 million during the quarter, compared to analysts’ expectations of $56.44 million. Sucampo Pharmaceuticals had a negative net margin of 61.99% and a positive return on equity of 56.58%. Sucampo Pharmaceuticals’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.24 earnings per share.

A number of equities research analysts have commented on the stock. Maxim Group set a $23.00 target price on shares of Sucampo Pharmaceuticals and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. TheStreet cut shares of Sucampo Pharmaceuticals from a “c+” rating to a “d” rating in a research note on Wednesday, August 2nd. Leerink Swann assumed coverage on shares of Sucampo Pharmaceuticals in a research note on Monday, August 21st. They set an “outperform” rating and a $15.00 target price on the stock. Roth Capital set a $30.00 target price on shares of Sucampo Pharmaceuticals and gave the stock a “buy” rating in a research note on Thursday, August 3rd. Finally, Zacks Investment Research upgraded shares of Sucampo Pharmaceuticals from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $16.50.

In related news, insider Jason Patrick Meyenburg acquired 4,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The stock was acquired at an average cost of $12.13 per share, with a total value of $48,520.00. Following the acquisition, the insider now directly owns 30,228 shares in the company, valued at approximately $366,665.64. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Sachiko Kuno sold 1,000,000 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $12.00, for a total transaction of $12,000,000.00. The disclosure for this sale can be found here. 4.13% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Krensavage Asset Management LLC grew its holdings in Sucampo Pharmaceuticals by 0.6% during the 2nd quarter. Krensavage Asset Management LLC now owns 2,819,708 shares of the biopharmaceutical company’s stock valued at $29,607,000 after buying an additional 16,570 shares in the last quarter. LSV Asset Management grew its holdings in Sucampo Pharmaceuticals by 1.9% during the 2nd quarter. LSV Asset Management now owns 2,390,418 shares of the biopharmaceutical company’s stock valued at $25,099,000 after buying an additional 44,000 shares in the last quarter. Vanguard Group Inc. grew its holdings in Sucampo Pharmaceuticals by 13.0% during the 2nd quarter. Vanguard Group Inc. now owns 1,646,348 shares of the biopharmaceutical company’s stock valued at $17,287,000 after buying an additional 189,561 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Sucampo Pharmaceuticals by 1.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,570,172 shares of the biopharmaceutical company’s stock valued at $16,487,000 after buying an additional 15,528 shares in the last quarter. Finally, NEA Management Company LLC purchased a new stake in Sucampo Pharmaceuticals during the 2nd quarter valued at approximately $13,214,000. 55.46% of the stock is owned by institutional investors and hedge funds.

Shares of Sucampo Pharmaceuticals (SCMP) traded up 0.49% during trading on Tuesday, reaching $10.30. 45,589 shares of the company traded hands. The company’s 50-day moving average price is $11.46 and its 200-day moving average price is $10.69. Sucampo Pharmaceuticals has a 52 week low of $9.30 and a 52 week high of $17.55. The company’s market capitalization is $477.15 million.

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Sucampo Pharmaceuticals Company Profile

Sucampo Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of pharmaceutical products. Its primary focus areas are gastroenterology, ophthalmology and oncology-related disorders. Its product candidates include VTS-270, Lubiprostone (AMITIZA), Unoprostone is opropyl (RESCULA) and CPP-1X/sulindac combination product.

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Earnings History and Estimates for Sucampo Pharmaceuticals (NASDAQ:SCMP)

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