Wall Street brokerages expect that Bio-Path Holdings Inc (NASDAQ:BPTH) will post ($0.20) earnings per share for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Bio-Path’s earnings. Bio-Path posted earnings of ($0.10) per share in the same quarter last year, which suggests a negative year-over-year growth rate of 100%. The firm is expected to issue its next earnings results on Wednesday, March 21st.
On average, analysts expect that Bio-Path will report full year earnings of ($0.80) per share for the current financial year. For the next financial year, analysts expect that the business will report earnings of ($0.90) per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Bio-Path.
BPTH has been the subject of several research analyst reports. HC Wainwright restated a “buy” rating and set a $15.00 price target (down from $45.00) on shares of Bio-Path in a research note on Monday, November 13th. dropped their price target on Bio-Path from $45.00 to $15.00 and set a “buy” rating for the company in a research note on Wednesday, November 15th. Finally, ValuEngine upgraded Bio-Path from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $16.67.
Shares of Bio-Path (BPTH) opened at $1.82 on Wednesday. The company has a market capitalization of $206.37, a PE ratio of -2.46 and a beta of 3.01. Bio-Path has a 12 month low of $1.55 and a 12 month high of $10.10.
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Bio-Path Company Profile
Bio-Path Holdings, Inc is a clinical and preclinical stage oncology focused antisense drug development company. The Company utilizes a technology that achieves systemic delivery for target specific protein inhibition for any gene product that is over-expressed in disease. Its drug delivery and antisense technology, DNAbilize, is a platform that uses P-ethoxy, a deoxyribonucleic acid backbone modification.
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