Analysts Anticipate Checkpoint Therapeutics (CKPT) to Announce ($0.19) EPS

Shares of Checkpoint Therapeutics (NASDAQ:CKPT) have been given a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.

Brokerages have set a 1 year consensus price objective of $15.50 for the company and are expecting that the company will post ($0.19) earnings per share for the current quarter, according to Zacks. Zacks has also given Checkpoint Therapeutics an industry rank of 183 out of 265 based on the ratings given to related companies.

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Separately, Zacks Investment Research lowered Checkpoint Therapeutics from a “buy” rating to a “hold” rating in a research report on Thursday, March 22nd.

Shares of CKPT opened at $4.30 on Monday. Checkpoint Therapeutics has a 52 week low of $3.20 and a 52 week high of $13.00.

Checkpoint Therapeutics (NASDAQ:CKPT) last posted its quarterly earnings results on Friday, March 16th. The company reported ($0.26) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.27) by $0.01. Checkpoint Therapeutics had a negative return on equity of 102.39% and a negative net margin of 1,316.72%. The business had revenue of $0.33 million for the quarter, compared to analyst estimates of $0.35 million. equities research analysts anticipate that Checkpoint Therapeutics will post -0.84 EPS for the current year.

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Checkpoint Therapeutics Company Profile

Checkpoint Therapeutics, Inc, an immuno-oncology biopharmaceutical company, focuses on the acquisition, development, and commercialization of non-chemotherapy and immune-enhanced combination treatments for patients with solid tumor cancers. Its pipeline consists of human, immuno-oncology, and checkpoint inhibitor antibodies that target programmed death-ligand 1; glucocorticoid-induced TNFR-related protein; and carbonic anhydrase IX.

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