Amicus Therapeutics (FOLD) Set to Announce Quarterly Earnings on Tuesday

Amicus Therapeutics (NASDAQ:FOLD) is scheduled to announce its earnings results before the market opens on Tuesday, February 27th. Analysts expect the company to announce earnings of ($0.29) per share for the quarter.

Amicus Therapeutics (NASDAQ:FOLD) opened at $15.24 on Friday. The company has a market capitalization of $2,560.00, a P/E ratio of -8.33 and a beta of 1.45. The company has a debt-to-equity ratio of 0.39, a current ratio of 6.32 and a quick ratio of 6.22. Amicus Therapeutics has a one year low of $5.87 and a one year high of $17.40.

FOLD has been the subject of a number of recent research reports. BidaskClub upgraded Amicus Therapeutics from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Cowen reiterated a “buy” rating and set a $22.00 price objective on shares of Amicus Therapeutics in a research note on Wednesday, January 10th. Robert W. Baird set a $20.00 price objective on Amicus Therapeutics and gave the company a “buy” rating in a research note on Wednesday, February 7th. ValuEngine upgraded Amicus Therapeutics from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research upgraded Amicus Therapeutics from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $19.06.

In other Amicus Therapeutics news, insider Jay Barth sold 20,000 shares of Amicus Therapeutics stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $16.80, for a total value of $336,000.00. Following the completion of the sale, the insider now owns 105,409 shares of the company’s stock, valued at approximately $1,770,871.20. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO John F. Crowley sold 47,213 shares of Amicus Therapeutics stock in a transaction on Monday, December 4th. The stock was sold at an average price of $13.61, for a total value of $642,568.93. Following the completion of the sale, the chief executive officer now directly owns 375,214 shares of the company’s stock, valued at approximately $5,106,662.54. The disclosure for this sale can be found here. Insiders have sold 250,390 shares of company stock valued at $3,620,581 in the last quarter. 3.40% of the stock is owned by company insiders.

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Amicus Therapeutics Company Profile

Amicus Therapeutics, Inc is a biotechnology company. The Company is engaged in the discovery, development and commercialization of a set of treatments for patients living with devastating rare and orphan diseases. Its lead product, migalastat HCl is a small molecule that can be used as a monotherapy and in combination with enzyme replacement therapy (ERT) for Fabry disease.

Earnings History for Amicus Therapeutics (NASDAQ:FOLD)

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