Equities analysts forecast that Beyondspring Inc (NASDAQ:BYSI) will post earnings per share of ($0.76) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Beyondspring’s earnings, with the highest EPS estimate coming in at ($0.73) and the lowest estimate coming in at ($0.79). The firm is scheduled to issue its next quarterly earnings results on Friday, April 27th.
According to Zacks, analysts expect that Beyondspring will report full-year earnings of ($4.41) per share for the current fiscal year. For the next year, analysts forecast that the business will report earnings of ($3.71) per share, with EPS estimates ranging from ($4.53) to ($2.89). Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Beyondspring.
Beyondspring (NASDAQ:BYSI) last announced its quarterly earnings data on Thursday, November 9th. The company reported ($0.68) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.69) by $0.01.
A number of equities research analysts have recently weighed in on BYSI shares. Maxim Group set a $52.00 price objective on shares of Beyondspring and gave the company a “buy” rating in a report on Thursday, December 14th. HC Wainwright set a $60.00 price objective on shares of Beyondspring and gave the company a “buy” rating in a report on Friday, December 15th. Zacks Investment Research downgraded shares of Beyondspring from a “hold” rating to a “sell” rating in a research report on Monday, November 13th. Finally, Seaport Global Securities began coverage on shares of Beyondspring in a research report on Tuesday, December 5th. They issued a “buy” rating and a $56.00 target price on the stock. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $54.50.
Shares of Beyondspring (NASDAQ:BYSI) traded down $0.99 on Friday, hitting $25.74. 6,346 shares of the stock were exchanged, compared to its average volume of 2,575. Beyondspring has a fifty-two week low of $16.55 and a fifty-two week high of $48.49.
An institutional investor recently bought a new position in Beyondspring stock. Tanaka Capital Management Inc. bought a new stake in Beyondspring Inc (NASDAQ:BYSI) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 21,322 shares of the company’s stock, valued at approximately $914,000. Beyondspring comprises about 2.1% of Tanaka Capital Management Inc.’s holdings, making the stock its 16th largest position. Tanaka Capital Management Inc. owned approximately 0.10% of Beyondspring at the end of the most recent quarter. Institutional investors own 1.22% of the company’s stock.
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Beyondspring Company Profile
BeyondSpring Inc is a global clinical-stage biopharmaceutical company. The Company is focused on the development of cancer therapies. The Company is engaged in advancing its lead product, Plinabulin, into a Phase II/III clinical trial for the reduction of docetaxel chemotherapy-induced severe, grade 4 neutropenia; a Phase II/III clinical trial for the prevention of non-docetaxel chemotherapy-induced severe, grade 4 neutropenia, and a Phase III clinical trial as an anticancer agent in combination with docetaxel in advanced non-small cell lung cancer (NSCLC).
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