ZIOPHARM Oncology Inc (NASDAQ:ZIOP) has been given an average rating of “Hold” by the six analysts that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $16.50.

Several research analysts have recently issued reports on the stock. ValuEngine raised shares of ZIOPHARM Oncology from a “sell” rating to a “hold” rating in a research note on Monday, July 17th. HC Wainwright set a $10.00 price objective on shares of ZIOPHARM Oncology and gave the stock a “buy” rating in a research note on Tuesday, August 1st. Zacks Investment Research raised shares of ZIOPHARM Oncology from a “sell” rating to a “hold” rating in a research note on Wednesday, April 26th. Finally, BidaskClub raised shares of ZIOPHARM Oncology from a “sell” rating to a “hold” rating in a research note on Tuesday.

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ZIOPHARM Oncology (NASDAQ ZIOP) opened at 5.45 on Friday. The firm has a 50-day moving average of $5.95 and a 200 day moving average of $6.33. The company’s market cap is $766.44 million. ZIOPHARM Oncology has a 52-week low of $4.84 and a 52-week high of $7.88.

ZIOPHARM Oncology (NASDAQ:ZIOP) last issued its earnings results on Monday, July 31st. The biotechnology company reported ($0.13) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.13). The business had revenue of $1.60 million during the quarter, compared to the consensus estimate of $1.66 million. The firm’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period last year, the business posted ($1.01) EPS. Equities research analysts expect that ZIOPHARM Oncology will post ($0.54) earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of the stock. Mission Wealth Management LLC acquired a new stake in ZIOPHARM Oncology during the first quarter worth about $108,000. Oppenheimer & Co. Inc. increased its position in shares of ZIOPHARM Oncology by 50.0% in the second quarter. Oppenheimer & Co. Inc. now owns 18,000 shares of the biotechnology company’s stock worth $112,000 after buying an additional 6,000 shares during the last quarter. BB&T Securities LLC purchased a new position in shares of ZIOPHARM Oncology during the second quarter worth $112,000. Principal Financial Group Inc. increased its position in shares of ZIOPHARM Oncology by 7.5% in the second quarter. Principal Financial Group Inc. now owns 24,046 shares of the biotechnology company’s stock worth $150,000 after buying an additional 1,673 shares during the last quarter. Finally, Ballentine Partners LLC purchased a new position in shares of ZIOPHARM Oncology during the second quarter worth $162,000. Institutional investors own 38.20% of the company’s stock.

ZIOPHARM Oncology Company Profile

ZIOPHARM Oncology, Inc is a biopharmaceutical company, which is seeking to develop, acquire and commercialize, on its own or with partners, a portfolio of cancer therapies that address unmet medical needs. The Company is focused on developing products in immuno-oncology that employ gene expression, control and cell technologies to deliver cell- and viral-based therapies for the treatment of cancer and graft-versus-host-disease.

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