BioCryst Pharmaceuticals (NASDAQ:BCRX – Get Rating) issued its quarterly earnings data on Thursday. The biotechnology company reported ($0.32) earnings per share for the quarter, topping the consensus estimate of ($0.36) by $0.04, Fidelity Earnings reports. During the same period in the previous year, the business earned ($0.24) earnings per share.
BioCryst Pharmaceuticals Trading Up 2.3 %
BCRX stock traded up $0.31 during trading on Friday, hitting $14.05. 6,071,737 shares of the stock traded hands, compared to its average volume of 2,781,210. BioCryst Pharmaceuticals has a one year low of $7.61 and a one year high of $19.99. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of -12.22 and a beta of 2.20. The company has a 50 day simple moving average of $10.79 and a 200 day simple moving average of $12.78.
Wall Street Analyst Weigh In
A number of research firms have weighed in on BCRX. Bank of America cut BioCryst Pharmaceuticals from a “buy” rating to a “neutral” rating and cut their price target for the company from $21.00 to $14.00 in a research note on Monday, April 11th. Cantor Fitzgerald restated an “overweight” rating on shares of BioCryst Pharmaceuticals in a research report on Monday, May 9th. Oppenheimer downgraded BioCryst Pharmaceuticals from an “outperform” rating to a “market perform” rating in a research report on Friday. Royal Bank of Canada lowered their price objective on shares of BioCryst Pharmaceuticals from $16.00 to $14.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 12th. Finally, StockNews.com raised shares of BioCryst Pharmaceuticals from a “sell” rating to a “hold” rating in a research report on Friday. Eight research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, BioCryst Pharmaceuticals has a consensus rating of “Hold” and an average price target of $17.78.
Hedge Funds Weigh In On BioCryst Pharmaceuticals
About BioCryst Pharmaceuticals
BioCryst Pharmaceuticals, Inc, a biotechnology company, discovers novel, oral, and small-molecule medicines. The company markets peramivir injection, an intravenous neuraminidase inhibitor for the treatment of acute uncomplicated influenza under the RAPIVAB, RAPIACTA, and PERAMIFLU names; and ORLADEYO, an oral serine protease inhibitor to treat hereditary angioedema.
- Get a free copy of the StockNews.com research report on BioCryst Pharmaceuticals (BCRX)
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