-$0.18 EPS Expected for Evogene Ltd. (EVGN) This Quarter

Wall Street brokerages predict that Evogene Ltd. (NASDAQ:EVGN) will post ($0.18) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Evogene’s earnings. Evogene reported earnings of ($0.26) per share in the same quarter last year, which would indicate a positive year over year growth rate of 30.8%. The company is expected to announce its next earnings results on Monday, February 26th.

According to Zacks, analysts expect that Evogene will report full year earnings of ($0.74) per share for the current financial year. For the next year, analysts expect that the company will report earnings of ($0.44) per share. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Evogene.

Shares of Evogene (NASDAQ:EVGN) remained flat at $$4.00 during mid-day trading on Friday. 38 shares of the company’s stock traded hands, compared to its average volume of 28,078. Evogene has a 1 year low of $2.66 and a 1 year high of $5.84. The company has a market capitalization of $103.00, a price-to-earnings ratio of -4.82 and a beta of 1.36.

An institutional investor recently raised its position in Evogene stock. Vanguard Group Inc. increased its stake in Evogene Ltd. (NASDAQ:EVGN) by 4.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 436,225 shares of the biotechnology company’s stock after acquiring an additional 17,391 shares during the quarter. Vanguard Group Inc. owned approximately 1.70% of Evogene worth $2,443,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 30.94% of the company’s stock.

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Evogene Company Profile

Evogene Ltd. (Evogene) is a biotechnology company for the improvement of crop productivity. The Company is engaged in developing seed traits for improved yield and abiotic stress tolerance, seed traits for biotic stress resistance, herbicides and bio-stimulants. The Company operates a seed business under its subsidiary Evofuel Ltd.

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