Analysts Anticipate OncoSec Medical Incorporated (ONCS) Will Announce Earnings of -$0.23 Per Share
Wall Street brokerages expect OncoSec Medical Incorporated (NASDAQ:ONCS) to announce earnings per share (EPS) of ($0.23) for the current quarter, Zacks reports. Zero analysts have provided estimates for OncoSec Medical’s earnings, with the lowest EPS estimate coming in at ($0.24) and the highest estimate coming in at ($0.22). OncoSec Medical posted earnings of ($0.39) per share during the same quarter last year, which would indicate a positive year over year growth rate of 41%. The firm is expected to announce its next quarterly earnings results on Thursday, October 12th.
On average, analysts expect that OncoSec Medical will report full year earnings of ($1.01) per share for the current financial year, with EPS estimates ranging from ($1.02) to ($1.00). For the next year, analysts forecast that the company will post earnings of ($0.97) per share, with EPS estimates ranging from ($1.02) to ($0.91). Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that follow OncoSec Medical.
A number of equities research analysts have recently issued reports on the stock. Maxim Group reaffirmed a “buy” rating and set a $5.00 target price on shares of OncoSec Medical in a report on Friday, September 1st. ValuEngine raised shares of OncoSec Medical from a “strong sell” rating to a “sell” rating in a report on Friday, July 14th. Dawson James reaffirmed a “buy” rating and set a $5.00 target price on shares of OncoSec Medical in a report on Thursday, July 6th. Noble Financial reaffirmed a “buy” rating on shares of OncoSec Medical in a report on Wednesday, June 14th. Finally, HC Wainwright set a $6.00 target price on shares of OncoSec Medical and gave the stock a “buy” rating in a report on Monday, June 12th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $5.33.
OncoSec Medical (ONCS) traded up 0.92% during trading on Friday, reaching $1.09. 161,846 shares of the company’s stock traded hands. The firm’s market capitalization is $23.07 million. The company has a 50-day moving average price of $0.99 and a 200 day moving average price of $1.13. OncoSec Medical has a one year low of $0.88 and a one year high of $2.08.
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OncoSec Medical Company Profile
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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