Shares of Liquidia Co. (NASDAQ:LQDA – Get Free Report) have received a consensus recommendation of “Buy” from the nine analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, six have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $26.89.
LQDA has been the topic of a number of recent research reports. BTIG Research restated a “buy” rating on shares of Liquidia in a research report on Tuesday, May 27th. Wells Fargo & Company increased their price target on Liquidia from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Thursday. Needham & Company LLC reiterated a “buy” rating on shares of Liquidia in a report on Monday, June 2nd. Bank of America reduced their price target on Liquidia from $25.00 to $23.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Wall Street Zen upgraded Liquidia from a “sell” rating to a “hold” rating in a report on Thursday, May 22nd.
Read Our Latest Research Report on Liquidia
Insider Buying and Selling at Liquidia
Institutional Trading of Liquidia
A number of institutional investors and hedge funds have recently added to or reduced their stakes in LQDA. LM Advisors LLC acquired a new stake in Liquidia during the 4th quarter worth about $25,948,000. Invesco Ltd. lifted its position in Liquidia by 2,675.0% during the 4th quarter. Invesco Ltd. now owns 700,171 shares of the company’s stock worth $8,234,000 after acquiring an additional 674,940 shares during the period. Janus Henderson Group PLC lifted its position in Liquidia by 1,484.5% during the 4th quarter. Janus Henderson Group PLC now owns 535,552 shares of the company’s stock worth $6,293,000 after acquiring an additional 501,752 shares during the period. Mirabella Financial Services LLP acquired a new stake in Liquidia during the 4th quarter worth about $5,880,000. Finally, Eversept Partners LP lifted its position in Liquidia by 314.1% during the 4th quarter. Eversept Partners LP now owns 571,305 shares of the company’s stock worth $6,719,000 after acquiring an additional 433,356 shares during the period. Institutional investors and hedge funds own 64.54% of the company’s stock.
Liquidia Price Performance
Shares of LQDA stock opened at $14.45 on Tuesday. Liquidia has a 1 year low of $8.26 and a 1 year high of $19.41. The stock’s 50 day simple moving average is $15.12 and its two-hundred day simple moving average is $14.11. The company has a market cap of $1.24 billion, a PE ratio of -8.87 and a beta of 0.04.
Liquidia (NASDAQ:LQDA – Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.42) by ($0.03). Liquidia had a negative net margin of 765.38% and a negative return on equity of 163.21%. The company had revenue of $3.12 million for the quarter, compared to analysts’ expectations of $3.23 million. Equities research analysts expect that Liquidia will post -1.51 EPS for the current year.
About Liquidia
Liquidia Corporation, a biopharmaceutical company, develops, manufactures, and commercializes various products for unmet patient needs in the United States. Its lead product candidates include YUTREPIA, an inhaled dry powder formulation of treprostinil for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD).
See Also
- Five stocks we like better than Liquidia
- What Does a Stock Split Mean?
- Ignore the Noise—Samsara Stock Is Still a Strong Buy
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- 3 Stocks Set to Double—And There’s Still Time to Buy
- Want to Profit on the Downtrend? Downtrends, Explained.
- Analysts Can’t Get Enough of These Little-Known Biopharma Stocks
Receive News & Ratings for Liquidia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liquidia and related companies with MarketBeat.com's FREE daily email newsletter.