Wall Street brokerages predict that Lipocine Inc (NASDAQ:LPCN) will post earnings of ($0.25) per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Lipocine’s earnings, with estimates ranging from ($0.28) to ($0.22). Lipocine reported earnings of ($0.22) per share in the same quarter last year, which indicates a negative year-over-year growth rate of 13.6%. The firm is expected to issue its next earnings results on Wednesday, November 14th.

According to Zacks, analysts expect that Lipocine will report full year earnings of ($0.80) per share for the current fiscal year, with EPS estimates ranging from ($1.00) to ($0.62). For the next fiscal year, analysts expect that the firm will post earnings of ($0.47) per share, with EPS estimates ranging from ($0.98) to $0.24. Zacks’ EPS averages are a mean average based on a survey of research firms 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 (EPS) for the quarter, topping the consensus estimate of ($0.25) by $0.10.

LPCN has been the topic of several analyst reports. ValuEngine upgraded Lipocine from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd. Canaccord Genuity restated a “hold” rating and set a $1.50 price objective on shares of Lipocine in a report on Friday, August 10th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Lipocine currently has a consensus rating of “Buy” and an average target price of $6.38.

LPCN stock traded down $0.02 during midday trading on Tuesday, hitting $1.57. 60,300 shares of the company’s stock were exchanged, compared to its average volume of 364,387. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 0.62. Lipocine has a 12-month low of $1.03 and a 12-month high of $4.38. The company has a market capitalization of $33.17 million, a PE ratio of -1.50 and a beta of 0.48.

About Lipocine

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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