Zacks: Analysts Expect Pluristem Therapeutics Inc. (PSTI) Will Post Earnings of -$0.08 Per Share
Analysts predict that Pluristem Therapeutics Inc. (NASDAQ:PSTI) will post ($0.08) earnings per share for the current quarter, according to Zacks. Zero analysts have provided estimates for Pluristem Therapeutics’ earnings. Pluristem Therapeutics also posted earnings per share of ($0.08) during the same quarter last year. The firm is expected to announce its next earnings results on Wednesday, February 14th.
According to Zacks, analysts expect that Pluristem Therapeutics will report full year earnings of ($0.34) per share for the current financial year, with EPS estimates ranging from ($0.34) to ($0.33). For the next fiscal year, analysts expect that the firm will report earnings of ($0.31) per share. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Pluristem Therapeutics.
Pluristem Therapeutics (NASDAQ:PSTI) last posted its earnings results on Tuesday, November 14th. The biotechnology company reported ($0.08) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.08).
Several hedge funds and other institutional investors have recently modified their holdings of PSTI. Psagot Investment House Ltd. raised its stake in shares of Pluristem Therapeutics by 1,705.2% during the third quarter. Psagot Investment House Ltd. now owns 129,522 shares of the biotechnology company’s stock valued at $196,000 after purchasing an additional 122,347 shares in the last quarter. Heritage Investors Management Corp bought a new stake in shares of Pluristem Therapeutics during the third quarter valued at about $113,000. Finally, Jane Street Group LLC raised its stake in shares of Pluristem Therapeutics by 15.0% during the third quarter. Jane Street Group LLC now owns 266,043 shares of the biotechnology company’s stock valued at $402,000 after purchasing an additional 34,742 shares in the last quarter. Institutional investors and hedge funds own 4.34% of the company’s stock.
Shares of Pluristem Therapeutics (NASDAQ:PSTI) opened at $1.35 on Friday. Pluristem Therapeutics has a one year low of $1.06 and a one year high of $2.12. The firm has a market cap of $149.27, a PE ratio of -4.35 and a beta of 0.19.
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About Pluristem Therapeutics
Pluristem Therapeutics Inc is a developer of placenta-based cell therapy product candidates for the treatment of multiple ischemic, inflammatory and hematologic conditions. The Company’s lead indications are critical limb ischemia (CLI), recovery after surgery for femoral neck fracture and acute radiation syndrome.
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