Repligen (RGEN) Set to Announce Earnings on Thursday
Repligen (NASDAQ:RGEN) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, May 3rd. Analysts expect Repligen to post earnings of $0.17 per share for the quarter. Repligen has set its FY18 guidance at $0.68-0.72 EPS.
Repligen (NASDAQ:RGEN) last released its quarterly earnings data on Thursday, February 22nd. The biotechnology company reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.08. The business had revenue of $41.60 million for the quarter, compared to the consensus estimate of $41.13 million. Repligen had a net margin of 20.08% and a return on equity of 7.08%. The company’s revenue was up 62.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.08 earnings per share. On average, analysts expect Repligen to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NASDAQ RGEN opened at $37.63 on Thursday. The stock has a market cap of $1,655.94, a price-to-earnings ratio of 54.54, a price-to-earnings-growth ratio of 2.54 and a beta of 0.87. Repligen has a 52 week low of $29.56 and a 52 week high of $46.81. The company has a current ratio of 9.63, a quick ratio of 8.08 and a debt-to-equity ratio of 0.17.
Several equities research analysts have commented on the stock. Zacks Investment Research downgraded shares of Repligen from a “buy” rating to a “hold” rating in a report on Wednesday, January 24th. BidaskClub downgraded shares of Repligen from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Finally, TheStreet raised shares of Repligen from a “c” rating to a “b-” rating in a report on Tuesday, March 13th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $44.38.
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Repligen Company Profile
Repligen Corporation, a bioprocessing company, focuses on the development, manufacture, and commercialization of products used to enhance the interconnected phases of the biological drug manufacturing process worldwide. It manufactures and supplies Protein A ligands to life sciences companies, which are the binding components of Protein A affinity resins for use in the downstream purification of monoclonal antibodies; and growth factor products used to supplement cell culture media to increase cell growth and productivity in a bioreactor.
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