Wall Street analysts expect that AnaptysBio Inc (NASDAQ:ANAB) will announce $2.10 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for AnaptysBio’s earnings, with the highest sales estimate coming in at $2.30 million and the lowest estimate coming in at $2.00 million. The firm is expected to issue its next earnings report on Tuesday, February 6th.
According to Zacks, analysts expect that AnaptysBio will report full-year sales of $2.10 million for the current fiscal year, with estimates ranging from $7.00 million to $9.30 million. For the next fiscal year, analysts expect that the business will post sales of $11.66 million per share, with estimates ranging from $6.00 million to $22.80 million. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for AnaptysBio.
AnaptysBio (NASDAQ:ANAB) last announced its quarterly earnings data on Tuesday, November 7th. The biotechnology company reported ($0.45) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.47) by $0.02.
AnaptysBio (NASDAQ ANAB) opened at $105.39 on Thursday. The company has a quick ratio of 10.77, a current ratio of 10.77 and a debt-to-equity ratio of 0.09. AnaptysBio has a 12 month low of $16.06 and a 12 month high of $126.23.
Several hedge funds have recently bought and sold shares of ANAB. Citadel Advisors LLC bought a new position in shares of AnaptysBio during the 3rd quarter worth $20,406,000. VHCP Management II LLC bought a new position in shares of AnaptysBio during the 3rd quarter worth $5,856,000. Kornitzer Capital Management Inc. KS bought a new position in shares of AnaptysBio during the 4th quarter worth $12,767,000. JPMorgan Chase & Co. grew its stake in shares of AnaptysBio by 210.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 183,319 shares of the biotechnology company’s stock worth $6,363,000 after acquiring an additional 124,219 shares during the period. Finally, Sphera Funds Management LTD. bought a new position in shares of AnaptysBio during the 3rd quarter worth $2,796,000. Institutional investors own 75.37% of the company’s stock.
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AnaptysBio Company Profile
AnaptysBio, Inc is a United States-based biotechnology company. The Company is engaged in developing antibody product candidates focused on unmet medical needs in inflammation and immuno-oncology. The Company develops its product candidates using its antibody discovery technology platform, which is designed to replicate, in vitro, the natural process of antibody generation.
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