Zacks: Brokerages Expect ContraVir Pharmaceuticals Inc (CTRV) Will Announce Earnings of -$0.09 Per Share
Analysts expect ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) to announce ($0.09) earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for ContraVir Pharmaceuticals’ earnings. ContraVir Pharmaceuticals posted earnings of ($0.16) per share in the same quarter last year, which suggests a positive year over year growth rate of 43.8%. The company is scheduled to report its next earnings report on Wednesday, September 27th.
On average, analysts expect that ContraVir Pharmaceuticals will report full year earnings of ($0.41) per share for the current year. For the next fiscal year, analysts anticipate that the company will report earnings of ($0.41) per share. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that cover ContraVir Pharmaceuticals.
CTRV has been the topic of several analyst reports. Noble Financial reaffirmed a “buy” rating on shares of ContraVir Pharmaceuticals in a research report on Friday, April 21st. Maxim Group reaffirmed a “buy” rating and set a $4.00 price target on shares of ContraVir Pharmaceuticals in a research report on Tuesday, April 4th.
ContraVir Pharmaceuticals (NASDAQ:CTRV) opened at 0.711 on Monday. ContraVir Pharmaceuticals has a 1-year low of $0.62 and a 1-year high of $2.65. The stock’s 50 day moving average price is $1.27 and its 200-day moving average price is $1.56. The company’s market cap is $45.30 million.
A number of hedge funds have recently bought and sold shares of the stock. Teachers Advisors LLC increased its stake in ContraVir Pharmaceuticals by 3.1% in the fourth quarter. Teachers Advisors LLC now owns 298,781 shares of the biopharmaceutical company’s stock valued at $1,820,000 after buying an additional 8,862 shares during the period. Vanguard Group Inc. increased its stake in ContraVir Pharmaceuticals by 10.2% in the first quarter. Vanguard Group Inc. now owns 2,048,283 shares of the biopharmaceutical company’s stock valued at $3,626,000 after buying an additional 189,634 shares during the period. Geode Capital Management LLC increased its stake in ContraVir Pharmaceuticals by 2.0% in the first quarter. Geode Capital Management LLC now owns 353,777 shares of the biopharmaceutical company’s stock valued at $626,000 after buying an additional 7,057 shares during the period. Finally, Morgan Stanley increased its stake in ContraVir Pharmaceuticals by 0.4% in the first quarter. Morgan Stanley now owns 278,798 shares of the biopharmaceutical company’s stock valued at $493,000 after buying an additional 1,119 shares during the period. Hedge funds and other institutional investors own 5.49% of the company’s stock.
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About ContraVir Pharmaceuticals
ContraVir Pharmaceuticals, Inc is a biopharmaceutical company. The Company focuses on the development of antiviral drugs for the treatment of Hepatitis B virus (HBV) infections. The Company develops a range of compounds to treat HBV infection, which include CMX157 and CRV431. The Company is also developing an antiviral asset, FV-100.
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