Esperion Therapeutics (ESPR) Issues Quarterly Earnings Results

Esperion Therapeutics (NASDAQ:ESPR) posted its earnings results on Tuesday. The biopharmaceutical company reported ($1.44) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.80) by $0.36, Bloomberg Earnings reports. During the same period last year, the firm posted ($1.29) EPS.

Shares of Esperion Therapeutics (NASDAQ ESPR) opened at $75.79 on Wednesday. The stock has a market capitalization of $1,962.73, a PE ratio of -11.03 and a beta of 2.64. Esperion Therapeutics has a fifty-two week low of $20.39 and a fifty-two week high of $82.18.

In other news, Director Nicole Vitullo sold 11,674 shares of Esperion Therapeutics stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $71.79, for a total transaction of $838,076.46. Following the sale, the director now owns 3,177 shares in the company, valued at $228,076.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 32.50% of the stock is owned by insiders.

Several research firms have recently commented on ESPR. Needham & Company LLC upgraded Esperion Therapeutics from a “buy” rating to a “strong-buy” rating and raised their price target for the stock from $72.00 to $81.00 in a research report on Thursday, December 14th. ValuEngine upgraded Esperion Therapeutics from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. BidaskClub upgraded Esperion Therapeutics from a “hold” rating to a “buy” rating in a research report on Saturday, December 16th. Credit Suisse Group began coverage on Esperion Therapeutics in a research report on Wednesday, January 17th. They set an “outperform” rating and a $103.00 price target for the company. Finally, Chardan Capital restated a “neutral” rating and set a $75.00 price target (up from $20.00) on shares of Esperion Therapeutics in a research report on Tuesday, December 5th. Six equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $78.23.

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Esperion Therapeutics Company Profile

Esperion Therapeutics, Inc is a lipid management company. The Company is a late-stage pharmaceutical company focused on developing and commercializing once-daily, oral therapies for the treatment of patients with elevated low-density lipoprotein cholesterol (LDL-C). With a targeted mechanism of action, bempedoic acid, the Company’s lead product candidate, is an orally available, once-daily adenosine triphosphate (ATP)-citrate lyase (ACL) inhibitor that reduces cholesterol biosynthesis and lowers elevated levels of LDL-C by up-regulating the LDL receptor, but with reduced potential for muscle-related side effects.

Earnings History for Esperion Therapeutics (NASDAQ:ESPR)

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