Analysts Expect Catalyst Pharmaceuticals Inc (CPRX) to Post -$0.06 EPS
Equities research analysts predict that Catalyst Pharmaceuticals Inc (NASDAQ:CPRX) will post earnings per share of ($0.06) for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Catalyst Pharmaceuticals’ earnings, with estimates ranging from ($0.07) to ($0.05). Catalyst Pharmaceuticals posted earnings of ($0.05) per share in the same quarter last year, which would indicate a negative year over year growth rate of 20%. The firm is expected to report its next quarterly earnings report on Wednesday, March 21st.
On average, analysts expect that Catalyst Pharmaceuticals will report full year earnings of ($0.22) per share for the current financial year, with EPS estimates ranging from ($0.23) to ($0.20). For the next year, analysts anticipate that the business will post earnings of ($0.28) per share, with EPS estimates ranging from ($0.45) to ($0.13). Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Catalyst Pharmaceuticals.
A number of research analysts have issued reports on the company. Piper Jaffray Companies set a $8.00 target price on Catalyst Pharmaceuticals and gave the company a “buy” rating in a research report on Friday, December 1st. SunTrust Banks reiterated a “buy” rating and issued a $5.00 target price on shares of Catalyst Pharmaceuticals in a research report on Tuesday, September 5th. Roth Capital set a $5.00 target price on Catalyst Pharmaceuticals and gave the company a “buy” rating in a research report on Wednesday, November 1st. Zacks Investment Research cut Catalyst Pharmaceuticals from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Finally, HC Wainwright reiterated a “buy” rating and issued a $6.00 target price on shares of Catalyst Pharmaceuticals in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $6.25.
Catalyst Pharmaceuticals (CPRX) traded down $0.12 during trading on Thursday, reaching $4.01. The company’s stock had a trading volume of 3,566,900 shares, compared to its average volume of 981,389. Catalyst Pharmaceuticals has a 1 year low of $1.01 and a 1 year high of $4.51.
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Catalyst Pharmaceuticals Company Profile
Catalyst Pharmaceuticals, Inc, formerly Catalyst Pharmaceutical Partners, Inc, is a development-stage biopharmaceutical company. The Company is focused on developing and commercializing therapies for people with rare debilitating diseases. The Company has three drugs in development: Firdapse, CPP-109 and CPP-115.
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