Incyte (INCY) Scheduled to Post Earnings on Thursday

Incyte (NASDAQ:INCY) will be posting its quarterly earnings results before the market opens on Thursday, February 15th. Analysts expect Incyte to post earnings of $0.01 per share for the quarter.

Shares of Incyte (NASDAQ INCY) opened at $86.34 on Thursday. Incyte has a 12-month low of $84.21 and a 12-month high of $153.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.82 and a quick ratio of 4.81. The company has a market cap of $18,220.00, a PE ratio of -107.93 and a beta of 0.59.

Several equities research analysts have recently commented on the stock. Oppenheimer reaffirmed a “hold” rating and issued a $110.00 target price (down from $120.00) on shares of Incyte in a research report on Monday, January 22nd. Raymond James Financial reaffirmed a “buy” rating on shares of Incyte in a research report on Tuesday, December 12th. BidaskClub raised shares of Incyte from a “strong sell” rating to a “sell” rating in a research report on Friday, January 26th. Zacks Investment Research cut shares of Incyte from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Finally, ValuEngine cut shares of Incyte from a “hold” rating to a “sell” rating in a research report on Wednesday, November 29th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. Incyte presently has an average rating of “Buy” and a consensus price target of $143.25.

In other Incyte news, insider David W. Gryska sold 6,760 shares of the firm’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $98.87, for a total transaction of $668,361.20. Following the completion of the sale, the insider now directly owns 20,752 shares in the company, valued at approximately $2,051,750.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Paul A. Friedman sold 28,507 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $105.24, for a total transaction of $3,000,076.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 40,963 shares of company stock valued at $4,222,953. 17.70% of the stock is owned by company insiders.

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Incyte Company Profile

Incyte Corporation is a biopharmaceutical company focused on the discovery, development and commercialization of therapeutics. Its portfolio includes compounds in various stages, ranging from preclinical to late-stage development, and commercialized products, such as JAKAFI (ruxolitinib) and ICLUSIG (ponatinib).

Earnings History for Incyte (NASDAQ:INCY)

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