Agios Pharmaceuticals (AGIO) Scheduled to Post Earnings on Wednesday

Agios Pharmaceuticals (NASDAQ:AGIO) will release its earnings data before the market opens on Wednesday, February 14th. Analysts expect Agios Pharmaceuticals to post earnings of ($1.65) per share for the quarter.

Shares of Agios Pharmaceuticals (NASDAQ AGIO) opened at $76.82 on Wednesday. The company has a market cap of $3,750.00, a P/E ratio of -12.25 and a beta of 2.12. Agios Pharmaceuticals has a 1 year low of $43.32 and a 1 year high of $82.96.

Several research firms have recently commented on AGIO. ValuEngine upgraded shares of Agios Pharmaceuticals from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Royal Bank of Canada upped their price objective on shares of Agios Pharmaceuticals to $91.00 and gave the company an “outperform” rating in a research note on Thursday, January 18th. They noted that the move was a valuation call. BidaskClub raised shares of Agios Pharmaceuticals from a “hold” rating to a “buy” rating in a research note on Tuesday, January 16th. Zacks Investment Research raised shares of Agios Pharmaceuticals from a “hold” rating to a “buy” rating and set a $84.00 price objective on the stock in a research note on Tuesday, January 16th. Finally, Oppenheimer set a $83.00 price objective on shares of Agios Pharmaceuticals and gave the company a “buy” rating in a research note on Monday, January 1st. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Agios Pharmaceuticals has an average rating of “Buy” and a consensus target price of $77.64.

In other Agios Pharmaceuticals news, insider Carman Alenson sold 2,150 shares of the stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $75.00, for a total transaction of $161,250.00. Following the transaction, the insider now owns 2,150 shares of the company’s stock, valued at $161,250. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO David P. Schenkein sold 6,000 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $61.55, for a total transaction of $369,300.00. Following the transaction, the chief executive officer now directly owns 6,000 shares in the company, valued at approximately $369,300. The disclosure for this sale can be found here. Insiders have sold 184,114 shares of company stock worth $13,881,425 in the last three months. Insiders own 5.43% of the company’s stock.

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Agios Pharmaceuticals Company Profile

Agios Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company. The Company’s therapeutic areas of focus are cancer and rare genetic metabolic disorders, which are a group of over 600 rare genetic diseases caused by mutations, or defects, of single metabolic genes. The Company’s cancer product candidates are enasidenib and ivosidenib (AG-120), which target mutated isocitrate dehydrogenase 2 (IDH2) and isocitrate dehydrogenase 1 (IDH1), respectively, and AG-881, which targets both mutated IDH1 and mutated IDH2.

Earnings History for Agios Pharmaceuticals (NASDAQ:AGIO)

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