Zacks: Analysts Anticipate G1 THERAPEUTICS (GTHX) Will Announce Earnings of -$0.68 Per Share
Equities analysts expect G1 THERAPEUTICS (NASDAQ:GTHX) to report earnings of ($0.68) per share for the current quarter, according to Zacks. Zero analysts have made estimates for G1 THERAPEUTICS’s earnings. The lowest EPS estimate is ($0.90) and the highest is ($0.45). The firm is scheduled to announce its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that G1 THERAPEUTICS will report full year earnings of ($2.19) per share for the current year. For the next year, analysts expect that the business will post earnings of ($2.36) per share, with EPS estimates ranging from ($2.41) to ($2.31). Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for G1 THERAPEUTICS.
A number of research firms recently commented on GTHX. Cowen and Company assumed coverage on G1 THERAPEUTICS in a research note on Monday, June 12th. They issued an “outperform” rating and a $31.00 price target for the company. Needham & Company LLC assumed coverage on G1 THERAPEUTICS in a research note on Monday, June 12th. They set a “buy” rating and a $34.00 target price for the company. Wedbush assumed coverage on G1 THERAPEUTICS in a research note on Monday, June 12th. They set an “outperform” rating and a $31.00 target price for the company. Finally, J P Morgan Chase & Co assumed coverage on G1 THERAPEUTICS in a research note on Monday, June 12th. They set an “overweight” rating and a $23.00 target price for the company.
In other G1 THERAPEUTICS news, insider Ra Capital Healthcare Fund Lp bought 400,000 shares of the stock in a transaction on Monday, May 22nd. The stock was purchased at an average price of $15.00 per share, with a total value of $6,000,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Clay Thorp bought 133,333 shares of the stock in a transaction on Monday, May 22nd. The shares were acquired at an average cost of $15.00 per share, with a total value of $1,999,995.00. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 833,333 shares of company stock valued at $12,499,995.
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Shares of G1 THERAPEUTICS (NASDAQ GTHX) traded down 1.11% during trading on Thursday, hitting $16.93. 14,367 shares of the stock were exchanged. G1 THERAPEUTICS has a 1-year low of $13.35 and a 1-year high of $20.60. The firm’s 50-day moving average is $17.50 and its 200 day moving average is $17.50. The company’s market cap is $477.34 million.
G1 THERAPEUTICS Company Profile
G1 Therapeutics, Inc is a United States-based clinical-stage biopharmaceutical company. The Company is engaged in developing small-molecule therapies for the treatment of cancer. Its two clinical-stage candidates are trilaciclib (G1T28) and G1T38, which are potent, selective inhibitors of the validated kinase targets CDK4/6.
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