Zacks: Analysts Anticipate ESSA Pharma Inc. (EPIX) to Announce -$0.18 EPS
Brokerages predict that ESSA Pharma Inc. (NASDAQ:EPIX) (TSE:EPI) will announce ($0.18) earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for ESSA Pharma’s earnings. ESSA Pharma reported earnings per share of ($0.19) in the same quarter last year, which would indicate a positive year over year growth rate of 5.3%. The company is scheduled to announce its next earnings report on Wednesday, December 13th.
On average, analysts expect that ESSA Pharma will report full year earnings of ($0.55) per share for the current year, with EPS estimates ranging from ($0.62) to ($0.49). For the next fiscal year, analysts forecast that the business will post earnings of ($0.63) per share, with EPS estimates ranging from ($0.68) to ($0.57). Zacks’ earnings per share averages are a mean average based on a survey of research firms that that provide coverage for ESSA Pharma.
EPIX has been the topic of several research analyst reports. Zacks Investment Research raised ESSA Pharma from a “hold” rating to a “buy” rating and set a $0.50 price target on the stock in a report on Monday, September 11th. Dawson James reissued a “buy” rating on shares of ESSA Pharma in a report on Thursday, August 3rd. Bloom Burton cut ESSA Pharma from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Finally, ValuEngine cut ESSA Pharma from a “sell” rating to a “strong sell” rating in a report on Wednesday, June 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $4.75.
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ESSA Pharma (EPIX) opened at 0.283 on Monday. The company’s market cap is $8.24 million. ESSA Pharma has a one year low of $0.26 and a one year high of $2.80. The firm’s 50-day moving average price is $0.29 and its 200-day moving average price is $0.29.
About ESSA Pharma
ESSA Pharma Inc, a clinical stage pharmaceutical company, focuses on the development of novel and proprietary therapies for the treatment of prostate cancer. Its product candidate is EPI-506, an oral small molecule pro-drug that is in Phase 1/2 clinical trial, which blocks the N-terminal domain of the androgen receptor.
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