TOCAGEN INC (TOCA) Scheduled to Post Quarterly Earnings on Wednesday
TOCAGEN INC (NASDAQ:TOCA) will announce its earnings results after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of ($0.48) per share for the quarter.
TOCAGEN INC (NASDAQ:TOCA) last issued its quarterly earnings data on Wednesday, August 9th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.52) by ($0.04). The business had revenue of $0.01 million during the quarter, compared to the consensus estimate of $0.01 million. On average, analysts expect TOCAGEN INC to post $-2.85 EPS for the current fiscal year and $-2.77 EPS for the next fiscal year.
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An institutional investor recently bought a new position in TOCAGEN INC stock. California State Teachers Retirement System bought a new stake in TOCAGEN INC (NASDAQ:TOCA) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 14,900 shares of the company’s stock, valued at approximately $179,000. California State Teachers Retirement System owned approximately 0.09% of TOCAGEN INC as of its most recent filing with the SEC. Institutional investors own 37.87% of the company’s stock.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of TOCAGEN INC from a “hold” rating to a “sell” rating in a research note on Wednesday, September 27th. Stifel Nicolaus restated a “buy” rating and issued a $24.00 target price on shares of TOCAGEN INC in a research note on Tuesday, July 25th.
TOCAGEN INC Company Profile
Tocagen Inc (Tocagen) is a clinical-stage, cancer-selective gene therapy company. The Company is focused on developing product candidates designed to activate a patient’s immune system against their own cancer. Its cancer-selective gene therapy platform is built on retroviral replicating vectors (RRVs), which are designed to selectively deliver therapeutic genes into the deoxyribonucleic acid (DNA) of cancer cells.
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