Brokers Set Expectations for Erytech Pharma’s FY2018 Earnings (NASDAQ:ERYP)

Erytech Pharma (NASDAQ:ERYP) – Research analysts at Jefferies Group lowered their FY2018 earnings estimates for shares of Erytech Pharma in a report released on Tuesday, March 13th, Zacks Investment Research reports. Jefferies Group analyst P. Welford now anticipates that the company will post earnings of ($2.50) per share for the year, down from their prior estimate of ($1.99). Jefferies Group also issued estimates for Erytech Pharma’s FY2019 earnings at ($2.82) EPS, FY2020 earnings at ($3.43) EPS and FY2021 earnings at ($3.57) EPS.

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ERYP traded down $0.12 during trading on Friday, hitting $20.44. The company had a trading volume of 1,100 shares, compared to its average volume of 495. The stock has a market capitalization of $366.63 and a P/E ratio of -6.72. Erytech Pharma has a one year low of $17.50 and a one year high of $30.56.

A number of institutional investors and hedge funds have recently bought and sold shares of ERYP. BVF Inc. IL bought a new stake in Erytech Pharma in the 4th quarter valued at $13,763,000. Sphera Funds Management LTD. bought a new stake in Erytech Pharma in the 4th quarter valued at $2,642,000. Delek Group Ltd. bought a new stake in Erytech Pharma in the 4th quarter valued at $1,539,000. Millennium Management LLC bought a new stake in Erytech Pharma in the 4th quarter valued at $959,000. Finally, Jane Street Group LLC bought a new stake in Erytech Pharma in the 4th quarter valued at $607,000. 26.91% of the stock is currently owned by institutional investors and hedge funds.

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