Equities research analysts forecast that TerraVia Holdings, Inc. (NASDAQ:TVIA) will post ($0.19) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for TerraVia Holdings’ earnings. TerraVia Holdings reported earnings of ($0.30) per share in the same quarter last year, which would indicate a positive year over year growth rate of 36.7%. The business is expected to report its next quarterly earnings results on Monday, August 14th.

According to Zacks, analysts expect that TerraVia Holdings will report full-year earnings of ($0.76) per share for the current year. For the next year, analysts expect that the company will post earnings of ($0.56) per share. Zacks’ EPS averages are an average based on a survey of research firms that cover TerraVia Holdings.

A number of equities research analysts have recently weighed in on TVIA shares. ValuEngine lowered shares of TerraVia Holdings from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. Zacks Investment Research upgraded shares of TerraVia Holdings from a “hold” rating to a “buy” rating and set a $0.25 price objective for the company in a research report on Wednesday, June 21st.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in TVIA. Schwab Charles Investment Management Inc. increased its stake in TerraVia Holdings by 106.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 535,906 shares of the specialty chemicals company’s stock worth $389,000 after buying an additional 276,149 shares during the last quarter. Morgan Stanley increased its stake in TerraVia Holdings by 18.3% in the first quarter. Morgan Stanley now owns 7,887,742 shares of the specialty chemicals company’s stock worth $5,715,000 after buying an additional 1,219,446 shares during the last quarter. Primecap Management Co. CA increased its stake in TerraVia Holdings by 0.5% in the first quarter. Primecap Management Co. CA now owns 12,671,746 shares of the specialty chemicals company’s stock worth $9,181,000 after buying an additional 62,825 shares during the last quarter. KBC Group NV increased its stake in TerraVia Holdings by 53.4% in the first quarter. KBC Group NV now owns 614,300 shares of the specialty chemicals company’s stock worth $445,000 after buying an additional 213,897 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in TerraVia Holdings by 0.6% in the first quarter. Bank of New York Mellon Corp now owns 322,897 shares of the specialty chemicals company’s stock worth $234,000 after buying an additional 1,856 shares during the last quarter. Hedge funds and other institutional investors own 43.68% of the company’s stock.

TerraVia Holdings (NASDAQ:TVIA) opened at 0.05 on Friday. TerraVia Holdings has a one year low of $0.04 and a one year high of $2.98. The company has a 50-day moving average price of $0.24 and a 200-day moving average price of $0.55. The company’s market capitalization is $5.42 million.

TerraVia Holdings Company Profile

Solazyme, Inc creates renewable oils and bioproducts. The Company’s technology uses microalgae in an industrial fermentation process to transform a range of plant-based sugars into triglyceride oils and other bioproducts. The Company offers Algenist, a skin and personal care product available at Sephora SA and its affiliates, QVC, Inc, SpaceNK Limited, select Nordstrom stores and ULTA Beauty.

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