Analysts expect Kura Oncology Inc (NASDAQ:KURA) to announce ($0.42) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Kura Oncology’s earnings. The highest EPS estimate is ($0.40) and the lowest is ($0.46). Kura Oncology posted earnings of ($0.37) per share in the same quarter last year, which suggests a negative year over year growth rate of 13.5%. The firm is expected to issue its next earnings report on Monday, March 11th.

According to Zacks, analysts expect that Kura Oncology will report full-year earnings of ($1.72) per share for the current year, with EPS estimates ranging from ($1.76) to ($1.70). For the next financial year, analysts expect that the company will report earnings of ($2.01) per share, with EPS estimates ranging from ($2.73) to ($1.80). Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for Kura Oncology.

Kura Oncology (NASDAQ:KURA) last announced its quarterly earnings results on Monday, November 5th. The company reported ($0.40) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.41) by $0.01.

KURA has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of Kura Oncology from a “hold” rating to a “sell” rating in a report on Wednesday, October 10th. BidaskClub upgraded shares of Kura Oncology from a “sell” rating to a “hold” rating in a report on Saturday, September 29th. Piper Jaffray Companies set a $25.00 price target on shares of Kura Oncology and gave the company a “buy” rating in a report on Monday, December 3rd. initiated coverage on shares of Kura Oncology in a report on Monday, November 5th. They issued a “buy” rating and a $35.00 price target on the stock. Finally, HC Wainwright reiterated a “buy” rating and issued a $31.00 price target on shares of Kura Oncology in a report on Monday, December 3rd. One research analyst has rated the stock with a sell rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $28.17.

Shares of KURA traded down $0.75 during mid-day trading on Wednesday, reaching $16.12. The company had a trading volume of 636,251 shares, compared to its average volume of 286,778. The firm has a market cap of $626.09 million, a PE ratio of -10.61 and a beta of 3.16. Kura Oncology has a fifty-two week low of $10.20 and a fifty-two week high of $24.02. The company has a quick ratio of 14.76, a current ratio of 14.76 and a debt-to-equity ratio of 0.02.

In other Kura Oncology news, major shareholder Ecor1 Capital Fund Qualified, bought 40,538 shares of Kura Oncology stock in a transaction that occurred on Thursday, December 13th. The shares were acquired at an average price of $13.90 per share, for a total transaction of $563,478.20. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 15.30% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Voya Investment Management LLC acquired a new position in shares of Kura Oncology during the 2nd quarter valued at $187,000. BlueMountain Capital Management LLC lifted its holdings in shares of Kura Oncology by 2,315.9% during the 3rd quarter. BlueMountain Capital Management LLC now owns 10,775 shares of the company’s stock valued at $189,000 after acquiring an additional 10,329 shares in the last quarter. Trexquant Investment LP acquired a new position in shares of Kura Oncology during the 3rd quarter valued at $217,000. BB&T Securities LLC acquired a new position in shares of Kura Oncology during the 2nd quarter valued at $291,000. Finally, Credit Suisse AG lifted its holdings in shares of Kura Oncology by 36.7% during the 3rd quarter. Credit Suisse AG now owns 18,142 shares of the company’s stock valued at $318,000 after acquiring an additional 4,869 shares in the last quarter. Institutional investors and hedge funds own 79.28% of the company’s stock.

Kura Oncology Company Profile

Kura Oncology, Inc, a clinical-stage biopharmaceutical company, develops medicines for the treatment of cancers. Its pipeline consists of small molecule product candidates that target cancer. The company's lead product candidate is Tipifarnib, an oral farnesyl transferase inhibitor that is in Phase II clinical trials for the treatment of solid tumors, peripheral T-cell lymphomas, myelodysplastic syndromes, acute myeloid leukemia, and chronic myelomonocytic leukemia.

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Earnings History and Estimates for Kura Oncology (NASDAQ:KURA)

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