Zacks: Brokerages Anticipate Alpine Immune Sciences, Inc. (ALPN) Will Announce Earnings of -$0.44 Per Share

Wall Street analysts expect that Alpine Immune Sciences, Inc. (NASDAQ:ALPN) will report earnings per share (EPS) of ($0.44) for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Alpine Immune Sciences’ earnings. Alpine Immune Sciences reported earnings per share of ($2.00) in the same quarter last year, which suggests a positive year-over-year growth rate of 78%. The company is scheduled to announce its next earnings results on Monday, February 12th.

According to Zacks, analysts expect that Alpine Immune Sciences will report full year earnings of ($1.16) per share for the current financial year. For the next financial year, analysts expect that the business will report earnings of ($2.25) per share, with EPS estimates ranging from ($3.02) to ($1.48). Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Alpine Immune Sciences.

Alpine Immune Sciences (NASDAQ:ALPN) last issued its earnings results on Monday, November 13th. The biotechnology company reported ($0.19) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.62) by $0.43. The business had revenue of $0.13 million during the quarter.

Several research firms recently weighed in on ALPN. Zacks Investment Research raised Alpine Immune Sciences from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a report on Tuesday, December 26th. ValuEngine raised Alpine Immune Sciences from a “strong sell” rating to a “sell” rating in a report on Thursday, November 30th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $10.50.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. boosted its holdings in shares of Alpine Immune Sciences by 29.7% during the 4th quarter. Victory Capital Management Inc. now owns 51,551 shares of the biotechnology company’s stock valued at $577,000 after acquiring an additional 11,799 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Alpine Immune Sciences during the 3rd quarter valued at $162,000. Finally, Wells Fargo & Company MN acquired a new stake in shares of Alpine Immune Sciences during the 4th quarter valued at $118,000. 56.63% of the stock is currently owned by institutional investors.

Shares of Alpine Immune Sciences (ALPN) opened at $9.96 on Tuesday. The firm has a market capitalization of $142.71, a price-to-earnings ratio of -1.05 and a beta of 0.17. Alpine Immune Sciences has a twelve month low of $7.20 and a twelve month high of $14.52. The company has a quick ratio of 32.38, a current ratio of 32.38 and a debt-to-equity ratio of 0.05.

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Alpine Immune Sciences Company Profile

Nivalis Therapeutics, Inc is a pharmaceutical company. The Company focuses on the discovery and development of product candidates for patients with cystic fibrosis (CF). Its drug candidate portfolio consists of multiple compounds, which are designed for oral, intravenous (IV) or inhaled administration.

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