MannKind (MNKD) to Release Earnings on Monday
MannKind (NASDAQ:MNKD) is set to post its Q114 quarterly earnings results on Monday, May 12th. Analysts expect MannKind to post earnings of ($0.13) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
MannKind (NASDAQ:MNKD) last released its earnings data on Tuesday, February 18th. The company reported ($0.16) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.14) by $0.02. On average, analysts expect MannKind to post $-0.35 EPS for the current fiscal year and $-0.20 EPS for the next fiscal year.
Shares of MannKind (NASDAQ:MNKD) opened at 6.16 on Friday. MannKind has a one year low of $3.80 and a one year high of $8.70. The stock has a 50-day moving average of $6.13 and a 200-day moving average of $5.58. The company’s market cap is $2.220 billion.
A number of research firms have recently commented on MNKD. Analysts at Zacks reiterated a “neutral” rating on shares of MannKind in a research note on Tuesday, April 22nd. They now have a $6.75 price target on the stock. On a related note, analysts at Brinson Patrick initiated coverage on shares of MannKind in a research note on Tuesday, April 8th. They set an “outperform” rating and a $12.00 price target on the stock. Finally, analysts at MLV & Co
raised their price target on shares of MannKind from $9.00 to $11.00 in a research note on Wednesday, April 2nd. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $6.88.
MannKind Corporation (NASDAQ:MNKD) is a development-stage biopharmaceutical company.
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