Hyperion Therapeutics Stock Rating Upgraded by Zacks (HPTX)
Hyperion Therapeutics (NASDAQ:HPTX) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday. The firm currently has a $25.00 price target on the stock. Zacks‘s target price points to a potential upside of 6.66% from the company’s current price.
Hyperion Therapeutics (NASDAQ:HPTX) traded down 0.04% on Tuesday, hitting $23.43. The stock had a trading volume of 97,314 shares. Hyperion Therapeutics has a 1-year low of $18.97 and a 1-year high of $32.98. The stock has a 50-day moving average of $24.35 and a 200-day moving average of $26.09. The company has a market cap of $476.4 million and a price-to-earnings ratio of 26.04.
Hyperion Therapeutics (NASDAQ:HPTX) last released its earnings data on Thursday, August 7th. The company reported $0.81 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.03) by $0.84. The company had revenue of $37.10 million for the quarter, compared to the consensus estimate of $22.00 million. During the same quarter last year, the company posted $1.17 earnings per share. Hyperion Therapeutics’s revenue was up 408.2% compared to the same quarter last year. Analysts expect that Hyperion Therapeutics will post $-0.14 EPS for the current fiscal year.
Separately, analysts at Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Hyperion Therapeutics in a research note on Friday. They now have a $37.00 price target on the stock, down previously from $39.00. Five investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus price target of $35.17.
Hyperion Therapeutics, Inc (NASDAQ:HPTX)is a development-stage biopharmaceutical company focused on the development and commercialization of novel therapeutics to treat disorders in the areas of orphan diseases and hepatology.
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