Analysts expect Lipocine Inc (NASDAQ:LPCN) to post earnings per share (EPS) of ($0.25) for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Lipocine’s earnings, with estimates ranging from ($0.28) to ($0.22). Lipocine reported earnings per share of ($0.22) during the same quarter last year, which would indicate a negative year-over-year growth rate of 13.6%. The company is expected to issue its next quarterly earnings report on Wednesday, November 14th.

According to Zacks, analysts expect that Lipocine will report full year earnings of ($0.80) per share for the current financial year, with EPS estimates ranging from ($1.00) to ($0.62). For the next financial year, analysts expect that the business will post earnings of ($0.47) per share, with EPS estimates ranging from ($0.98) to $0.24. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Lipocine.

Lipocine (NASDAQ:LPCN) last posted its quarterly earnings data on Tuesday, August 7th. The specialty pharmaceutical company reported ($0.15) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.10.

Several equities analysts recently commented on the company. Canaccord Genuity reissued a “hold” rating and issued a $1.50 target price on shares of Lipocine in a report on Friday, August 10th. ValuEngine raised Lipocine from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $6.38.

NASDAQ:LPCN traded down $0.06 during trading hours on Friday, hitting $1.57. The company’s stock had a trading volume of 68,983 shares, compared to its average volume of 65,253. The firm has a market capitalization of $34.66 million, a PE ratio of -1.50 and a beta of 0.49. The company has a debt-to-equity ratio of 0.62, a current ratio of 8.89 and a quick ratio of 8.89. Lipocine has a 52-week low of $1.03 and a 52-week high of $4.38.

Lipocine Company Profile

Lipocine Inc, a specialty pharmaceutical company, focuses on the development of pharmaceutical products in the area of men's and women's health. Its primary development programs are based on oral delivery solutions for poorly bioavailable drugs. The company has a portfolio of product candidates designed to produce pharmacokinetic characteristics, facilitate lower dosing requirements, bypass first-pass metabolism in certain cases, reduce side effects, and eliminate gastrointestinal interactions that limit bioavailability.

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Earnings History and Estimates for Lipocine (NASDAQ:LPCN)

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