HC Wainwright & Co. Maintains Buy on Applied DNA Sciences, Lowers Price Target to $11
HC Wainwright & Co. analyst Yi Chen maintains Applied DNA Sciences (NASDAQ:APDN) with a Buy and lowers the price target from $13 to $11.
Recap: Applied DNA Sciences Q3 Earnings
Shares of Applied DNA Sciences (NASDAQ:APDN) fell 7.8% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 36.11% year over year to ($0.46), which missed the estimate of ($0.22).
Applied DNA Sciences Q3 EPS $(0.46) Misses $(0.22) Estimate, Sales $1.70M Miss $3.13M Estimate
Applied DNA Sciences (NASDAQ:APDN) reported quarterly losses of $(0.46) per share which missed the analyst consensus estimate of $(0.22) by 109.09 percent. This is a 36.11 percent increase over losses of $(0.72) per
The Daily Biotech Pulse: Xeris Gets OK For Initiating Hyperthyroidism Study, Merck-Eisai Snag FDA Approval For Drug Combo, Decision Day For Jazz Pharma
Here's a roundup of top developments in the biotech space over the last 24 hours:
Scaling The Peaks
(Biotech Stocks Hitting 52-week Highs Aug. 11)
Earnings Scheduled For August 12, 2021
Companies Reporting Before The Bell
• Anavex Life Sciences (NASDAQ:AVXL) is estimated to report earnings for its third quarter.
20 Stocks Moving in Monday’s Pre-Market Session
Gainers
Windtree Therapeutics, Inc. (NASDAQ: WINT) shares rose 55.8% to $2.82 in pre-market trading after dropping over 10% on Friday. The company recently reported a wider loss for its second quarter.
The Week Ahead In Biotech (Aug. 8-14): Jazz Pharma FDA Decision, Earnings Deluge and IPOs In The Spotlight
Biopharma stocks ended higher for the week ending Aug. 6, as the sector latched on to the optimism that was evident in the broader markets. Earnings continued to flow in, triggering stock-specific moves, while clinical readouts also moved stocks during the week.
Why Is Applied DNA Stock Soaring Higher Today?
Applied DNA Sciences Inc’s (NASDAQ:APDN) subsidiary Applied DNA Clinical Labs LLC has received a COVID-19 testing contract by the City University of…