Outlook Therapeutics, Inc. (NASDAQ:OTLK – Free Report) – Brookline Capital Management decreased their FY2026 earnings per share estimates for Outlook Therapeutics in a report released on Tuesday, May 27th. Brookline Capital Management analyst K. Dolliver now forecasts that the company will post earnings of $0.50 per share for the year, down from their prior forecast of $0.54. The consensus estimate for Outlook Therapeutics’ current full-year earnings is ($2.27) per share.
Outlook Therapeutics (NASDAQ:OTLK – Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.40) EPS for the quarter, beating the consensus estimate of ($0.55) by $0.15.
Get Our Latest Stock Analysis on Outlook Therapeutics
Outlook Therapeutics Stock Performance
Shares of OTLK opened at $1.85 on Thursday. The company has a 50-day simple moving average of $1.48 and a 200-day simple moving average of $1.90. The firm has a market capitalization of $62.10 million, a P/E ratio of -0.25 and a beta of 0.39. Outlook Therapeutics has a 52 week low of $0.87 and a 52 week high of $9.25.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers grew its stake in shares of Outlook Therapeutics by 1,329.6% in the 4th quarter. Rhumbline Advisers now owns 188,050 shares of the company’s stock valued at $355,000 after purchasing an additional 174,896 shares during the period. Bank of New York Mellon Corp boosted its stake in Outlook Therapeutics by 44.8% in the 4th quarter. Bank of New York Mellon Corp now owns 29,764 shares of the company’s stock valued at $56,000 after buying an additional 9,211 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Outlook Therapeutics in the fourth quarter valued at $246,000. Russell Investments Group Ltd. raised its stake in Outlook Therapeutics by 34,936.7% during the fourth quarter. Russell Investments Group Ltd. now owns 17,168 shares of the company’s stock worth $32,000 after acquiring an additional 17,119 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in Outlook Therapeutics during the fourth quarter worth $48,000. Institutional investors own 11.20% of the company’s stock.
About Outlook Therapeutics
Outlook Therapeutics, Inc, operates as a clinical-stage biopharmaceutical company, focuses on developing and commercializing monoclonal antibodies for various ophthalmic indications. Its lead product candidate is ONS-5010, an ophthalmic formulation of bevacizumab product candidate that is in Phase-III clinical trial for the treatment of wet age-related macular degeneration and other retina diseases.
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