Adamas Pharmaceuticals, Inc. (ADMS) Set to Announce Earnings on Wednesday
Adamas Pharmaceuticals, Inc. (NASDAQ:ADMS) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 1st. Analysts expect Adamas Pharmaceuticals to post earnings of ($1.01) per share for the quarter.
Adamas Pharmaceuticals (NASDAQ:ADMS) last posted its quarterly earnings data on Tuesday, August 8th. The specialty pharmaceutical company reported ($0.93) EPS for the quarter, missing analysts’ consensus estimates of ($0.81) by ($0.12). The company had revenue of $0.02 million during the quarter, compared to analyst estimates of $0.03 million. The firm’s revenue was down 90.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.78) earnings per share. On average, analysts expect Adamas Pharmaceuticals to post $-3.87 EPS for the current fiscal year and $-2.97 EPS for the next fiscal year.
Shares of Adamas Pharmaceuticals, Inc. (NASDAQ:ADMS) opened at 18.13 on Wednesday. The firm’s market cap is $408.18 million. The company’s 50 day moving average price is $20.80 and its 200-day moving average price is $17.83. Adamas Pharmaceuticals, Inc. has a 1-year low of $12.10 and a 1-year high of $24.18.
A number of equities analysts recently issued reports on the company. ValuEngine upgraded Adamas Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Piper Jaffray Companies restated an “overweight” rating and issued a $30.00 target price on shares of Adamas Pharmaceuticals in a report on Wednesday, September 20th. Zacks Investment Research cut Adamas Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Friday, August 11th. BidaskClub cut Adamas Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Finally, William Blair restated an “ourperform” rating on shares of Adamas Pharmaceuticals in a report on Friday, August 25th. Two analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. Adamas Pharmaceuticals has a consensus rating of “Hold” and an average target price of $39.50.
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About Adamas Pharmaceuticals
Adamas Pharmaceuticals, Inc is a pharmaceutical company. The Company is engaged in developing medicines to manage the daily lives of those affected by chronic neurologic disorders. It offers a platform based on an understanding of time dependent biologic effects of disease activity and drug response to achieve relief without tolerability issues.
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