Clovis Oncology (CLVS) Scheduled to Post Quarterly Earnings on Tuesday

Clovis Oncology (NASDAQ:CLVS) is set to announce its earnings results after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of ($1.29) per share for the quarter.

Shares of Clovis Oncology (NASDAQ CLVS) opened at $53.06 on Tuesday. The company has a market cap of $2,600.00, a P/E ratio of -6.41 and a beta of 1.05. The company has a quick ratio of 3.16, a current ratio of 3.19 and a debt-to-equity ratio of 0.94. Clovis Oncology has a 12 month low of $45.42 and a 12 month high of $99.45.

In other news, Director Thorlef Spickschen sold 4,500 shares of the business’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $64.97, for a total transaction of $292,365.00. Following the completion of the sale, the director now directly owns 21,118 shares of the company’s stock, valued at approximately $1,372,036.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Gillian C. Ivers-Read sold 3,000 shares of the business’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $63.70, for a total transaction of $191,100.00. The disclosure for this sale can be found here. Insiders have sold a total of 18,000 shares of company stock valued at $1,123,425 over the last three months. Corporate insiders own 12.50% of the company’s stock.

Several analysts have commented on CLVS shares. Zacks Investment Research raised shares of Clovis Oncology from a “hold” rating to a “buy” rating and set a $95.00 target price for the company in a research note on Tuesday, October 17th. Barclays started coverage on shares of Clovis Oncology in a research note on Monday, October 23rd. They issued an “overweight” rating and a $105.00 target price for the company. Morgan Stanley lowered their target price on shares of Clovis Oncology from $89.00 to $86.00 and set an “overweight” rating for the company in a research note on Thursday, November 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $125.00 target price on shares of Clovis Oncology in a research note on Friday, November 3rd. Finally, Leerink Swann reaffirmed an “outperform” rating and issued a $90.00 target price (down from $107.00) on shares of Clovis Oncology in a research note on Wednesday, November 15th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the stock. Clovis Oncology has an average rating of “Hold” and an average price target of $90.43.

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Clovis Oncology Company Profile

Clovis Oncology, Inc is a biopharmaceutical company focused on acquiring, developing and commercializing anti-cancer agents in the United States, Europe and other international markets. The Company’s product candidates include Rociletinib, Rubraca (Rucaparib) and Lucitanib. Rucaparib is an oral, small molecule poly adenosine diphosphate (ADP)-ribose polymerase (PARP) inhibitor of PARP1, PARP2 and PARP3 approved as a monotherapy for the treatment of patients with deleterious breast cancer (BRCA) (human genes associated with the repair of damaged deoxyribonucleic acid (DNA)) mutation (germline and/or somatic) associated advanced ovarian cancer.

Earnings History for Clovis Oncology (NASDAQ:CLVS)

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