Zacks: Analysts Anticipate OncoSec Medical Incorporated (ONCS) Will Announce Earnings of -$0.23 Per Share
Wall Street brokerages predict that OncoSec Medical Incorporated (NASDAQ:ONCS) will report earnings of ($0.23) per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for OncoSec Medical’s earnings, with estimates ranging from ($0.24) to ($0.22). OncoSec Medical posted earnings of ($0.39) per share in the same quarter last year, which suggests a positive year over year growth rate of 41%. The firm is expected to report its next quarterly earnings report on Thursday, October 12th.
According to Zacks, analysts expect that OncoSec Medical will report full year earnings of ($1.05) per share for the current financial year, with EPS estimates ranging from ($1.14) to ($1.00). For the next fiscal year, analysts expect that the business will report earnings of ($0.97) per share, with EPS estimates ranging from ($1.02) to ($0.91). Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for OncoSec Medical.
OncoSec Medical (NASDAQ:ONCS) last issued its quarterly earnings results on Thursday, June 1st. The biotechnology company reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.06.
ONCS has been the subject of several research reports. Noble Financial reissued a “buy” rating on shares of OncoSec Medical in a report on Sunday, March 19th. Maxim Group reissued a “buy” rating and set a $5.00 price target on shares of OncoSec Medical in a report on Friday, May 12th. HC Wainwright reissued a “buy” rating and set a $6.00 price target on shares of OncoSec Medical in a report on Friday, June 2nd. Dawson James reissued a “buy” rating and set a $5.00 price target on shares of OncoSec Medical in a report on Thursday, July 6th. Finally, ValuEngine cut OncoSec Medical from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $5.50.
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Shares of OncoSec Medical (NASDAQ:ONCS) traded up 1.85% on Tuesday, hitting $1.10. The stock had a trading volume of 52,537 shares. OncoSec Medical has a 52 week low of $0.88 and a 52 week high of $2.08. The stock’s 50-day moving average price is $1.06 and its 200 day moving average price is $1.23. The company’s market cap is $23.28 million.
About OncoSec Medical
OncoSec Medical Incorporated is a biotechnology company. The Company is focused on designing, developing and commercializing gene therapies, therapeutics and medical approaches to stimulate an anti-tumor immune response for the treatment of cancer. The Company’s lead product candidate, ImmunoPulse IL-12, consists of a plasmid construct encoding the proinflammatory cytokine, IL-12, which is delivered into the tumor through in vivo electroporation.
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