SWK Holdings Co. (NASDAQ:SWKH) – Research analysts at Colliers Securities issued their Q1 2021 EPS estimates for shares of SWK in a research report issued on Monday, April 5th. Colliers Securities analyst K. Bauser expects that the company will post earnings per share of $0.21 for the quarter. Colliers Securities also issued estimates for SWK’s FY2022 earnings at $2.14 EPS.
Other research analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of SWK from a “buy” rating to a “hold” rating in a report on Tuesday, March 2nd. Maxim Group reiterated a “buy” rating and set a $23.00 price target on shares of SWK in a research note on Tuesday.
Shares of SWKH stock opened at $16.07 on Tuesday. The firm has a fifty day simple moving average of $14.60 and a two-hundred day simple moving average of $14.36. SWK has a 12 month low of $10.20 and a 12 month high of $16.28. The firm has a market capitalization of $205.52 million, a PE ratio of 22.01, a price-to-earnings-growth ratio of 0.83 and a beta of 0.18.
SWK (NASDAQ:SWKH) last posted its quarterly earnings results on Tuesday, March 30th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.10. SWK had a return on equity of 7.80% and a net margin of 26.54%. The business had revenue of $10.90 million for the quarter.
A number of large investors have recently modified their holdings of SWKH. Cannell Capital LLC boosted its holdings in SWK by 13.1% during the 4th quarter. Cannell Capital LLC now owns 660,780 shares of the company’s stock worth $9,509,000 after acquiring an additional 76,672 shares during the last quarter. BlackRock Inc. lifted its position in shares of SWK by 15.6% during the fourth quarter. BlackRock Inc. now owns 173,327 shares of the company’s stock valued at $2,494,000 after purchasing an additional 23,373 shares in the last quarter. State Street Corp boosted its holdings in SWK by 8.3% during the third quarter. State Street Corp now owns 36,400 shares of the company’s stock worth $510,000 after purchasing an additional 2,800 shares during the last quarter. JPMorgan Chase & Co. grew its position in SWK by 164.9% in the 4th quarter. JPMorgan Chase & Co. now owns 9,902 shares of the company’s stock worth $143,000 after purchasing an additional 6,164 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in SWK by 70.3% in the 4th quarter. Wells Fargo & Company MN now owns 2,165 shares of the company’s stock worth $31,000 after purchasing an additional 894 shares in the last quarter. Institutional investors and hedge funds own 87.59% of the company’s stock.
SWK Company Profile
SWK Holdings Corporation, a specialized finance company, focuses on the healthcare sector. The company operates through two segments, Finance Receivables and Pharmaceutical Development. It provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.
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