Zacks: Analysts Expect Alnylam Pharmaceuticals, Inc. (ALNY) Will Announce Quarterly Sales of $26.90 Million
Wall Street analysts expect Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) to post sales of $26.90 million for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Alnylam Pharmaceuticals’ earnings, with the lowest sales estimate coming in at $17.10 million and the highest estimate coming in at $42.38 million. Alnylam Pharmaceuticals reported sales of $17.45 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 54.2%. The firm is scheduled to issue its next earnings report on Wednesday, February 14th.
According to Zacks, analysts expect that Alnylam Pharmaceuticals will report full-year sales of $26.90 million for the current year, with estimates ranging from $56.59 million to $94.36 million. For the next year, analysts forecast that the business will post sales of $89.33 million per share, with estimates ranging from $13.74 million to $137.00 million. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that cover Alnylam Pharmaceuticals.
Alnylam Pharmaceuticals (NASDAQ:ALNY) last released its quarterly earnings data on Tuesday, November 7th. The biopharmaceutical company reported ($1.34) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($1.23) by ($0.11). Alnylam Pharmaceuticals had a negative return on equity of 46.94% and a negative net margin of 664.70%. The business had revenue of $17.10 million during the quarter, compared to analysts’ expectations of $28.15 million. During the same period last year, the company earned ($1.21) earnings per share. The firm’s revenue was up 24.8% compared to the same quarter last year.
In other news, EVP Akshay Vaishnaw sold 33,666 shares of the company’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $121.46, for a total transaction of $4,089,072.36. Following the transaction, the executive vice president now owns 45,201 shares in the company, valued at $5,490,113.46. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Michael Mason sold 36,745 shares of the company’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $131.59, for a total transaction of $4,835,274.55. Following the transaction, the vice president now owns 6,352 shares in the company, valued at approximately $835,859.68. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 274,075 shares of company stock worth $35,356,089. Corporate insiders own 4.30% of the company’s stock.
A number of large investors have recently modified their holdings of ALNY. Schwab Charles Investment Management Inc. increased its holdings in Alnylam Pharmaceuticals by 33.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 243,415 shares of the biopharmaceutical company’s stock worth $19,415,000 after buying an additional 60,906 shares during the period. Legal & General Group Plc increased its holdings in Alnylam Pharmaceuticals by 12.7% in the 2nd quarter. Legal & General Group Plc now owns 27,883 shares of the biopharmaceutical company’s stock worth $2,224,000 after buying an additional 3,144 shares during the period. Prudential Financial Inc. increased its holdings in Alnylam Pharmaceuticals by 4.8% in the 2nd quarter. Prudential Financial Inc. now owns 4,404 shares of the biopharmaceutical company’s stock worth $351,000 after buying an additional 200 shares during the period. Neuberger Berman Group LLC acquired a new position in Alnylam Pharmaceuticals in the 2nd quarter worth approximately $229,000. Finally, Principal Financial Group Inc. increased its holdings in Alnylam Pharmaceuticals by 23.8% in the 2nd quarter. Principal Financial Group Inc. now owns 15,256 shares of the biopharmaceutical company’s stock worth $1,217,000 after buying an additional 2,928 shares during the period. Institutional investors own 88.39% of the company’s stock.
Shares of Alnylam Pharmaceuticals (ALNY) opened at $125.55 on Thursday. Alnylam Pharmaceuticals has a one year low of $35.98 and a one year high of $147.63. The firm has a market cap of $12,350.00, a PE ratio of -23.91 and a beta of 2.98. The company has a quick ratio of 9.83, a current ratio of 9.83 and a debt-to-equity ratio of 0.14.
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Alnylam Pharmaceuticals Company Profile
Alnylam Pharmaceuticals, Inc is a biopharmaceutical company. The Company is engaged in the discovery, development and commercialization of ribonucleic acid (RNA) interference (RNAi) therapeutics. The Company is focused on the use of its N-acetylgalactosamine (GalNAc)-conjugate platform for delivery of small interfering RNAs (siRNAs).
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