Equities analysts forecast that Bio-Path Holdings, Inc. (NASDAQ:BPTH) will announce ($0.02) earnings per share for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Bio-Path Holdings’ earnings. Bio-Path Holdings also reported earnings per share of ($0.02) in the same quarter last year. The business is scheduled to announce its next earnings results on Wednesday, November 8th.

According to Zacks, analysts expect that Bio-Path Holdings will report full-year earnings of ($0.08) per share for the current fiscal year. For the next fiscal year, analysts anticipate that the business will report earnings of ($0.11) per share. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that follow Bio-Path Holdings.

Bio-Path Holdings (NASDAQ:BPTH) last posted its quarterly earnings results on Thursday, August 10th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.01).

A number of research firms have commented on BPTH. HC Wainwright set a $5.00 price objective on shares of Bio-Path Holdings and gave the company a “buy” rating in a research note on Friday, August 11th. Zacks Investment Research lowered shares of Bio-Path Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, ValuEngine lowered shares of Bio-Path Holdings from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st.

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Several large investors have recently modified their holdings of the company. HighTower Advisors LLC boosted its holdings in shares of Bio-Path Holdings by 0.3% in the second quarter. HighTower Advisors LLC now owns 1,267,070 shares of the company’s stock valued at $492,000 after acquiring an additional 4,000 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Bio-Path Holdings by 1.7% in the first quarter. Bank of New York Mellon Corp now owns 311,645 shares of the company’s stock valued at $257,000 after acquiring an additional 5,172 shares in the last quarter. Sabby Management LLC boosted its holdings in shares of Bio-Path Holdings by 3.5% in the first quarter. Sabby Management LLC now owns 687,398 shares of the company’s stock valued at $569,000 after acquiring an additional 23,352 shares in the last quarter. Tower Research Capital LLC TRC purchased a new stake in shares of Bio-Path Holdings in the first quarter valued at about $105,000. Finally, Legal & General Group Plc boosted its holdings in shares of Bio-Path Holdings by 5,474.3% in the second quarter. Legal & General Group Plc now owns 1,773,799 shares of the company’s stock valued at $681,000 after acquiring an additional 1,741,978 shares in the last quarter. 15.16% of the stock is currently owned by institutional investors and hedge funds.

Bio-Path Holdings Company Profile

Bio-Path Holdings, Inc is a clinical and preclinical stage oncology focused antisense drug development company. The Company utilizes a technology that achieves systemic delivery for target specific protein inhibition for any gene product that is over-expressed in disease. Its drug delivery and antisense technology, DNAbilize, is a platform that uses P-ethoxy, a deoxyribonucleic acid backbone modification.

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