Brokerages expect Scpharmaceuticals Inc (NASDAQ:SCPH) to post ($0.59) earnings per share (EPS) for the current quarter, according to Zacks. Zero analysts have made estimates for Scpharmaceuticals’ earnings, with the lowest EPS estimate coming in at ($0.61) and the highest estimate coming in at ($0.57). Scpharmaceuticals reported earnings of ($0.47) per share during the same quarter last year, which indicates a negative year over year growth rate of 25.5%. The company is expected to issue its next quarterly earnings report on Monday, May 6th.

According to Zacks, analysts expect that Scpharmaceuticals will report full-year earnings of ($2.07) per share for the current year, with EPS estimates ranging from ($2.23) to ($1.91). For the next year, analysts expect that the company will report earnings of ($1.39) per share, with EPS estimates ranging from ($1.46) to ($1.32). Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Scpharmaceuticals.

Scpharmaceuticals (NASDAQ:SCPH) last issued its earnings results on Thursday, March 21st. The company reported ($0.27) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.44) by $0.17.

A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Scpharmaceuticals from a “hold” rating to a “strong-buy” rating and set a $3.25 price objective on the stock in a research note on Thursday, March 28th. Leerink Swann downgraded shares of Scpharmaceuticals from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $12.00 to $5.00 in a research note on Wednesday, January 30th. Finally, Svb Leerink downgraded shares of Scpharmaceuticals from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 30th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $8.50.

Shares of NASDAQ:SCPH opened at $3.06 on Tuesday. The company has a market cap of $46.08 million, a PE ratio of -1.92 and a beta of 1.18. Scpharmaceuticals has a one year low of $2.44 and a one year high of $15.70. The company has a debt-to-equity ratio of 0.10, a quick ratio of 13.77 and a current ratio of 13.77.

In other Scpharmaceuticals news, major shareholder Ra Capital Healthcare Fund Lp acquired 389,862 shares of the company’s stock in a transaction dated Thursday, April 11th. The shares were purchased at an average cost of $2.70 per share, for a total transaction of $1,052,627.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 4.80% of the stock is currently owned by company insiders.

A hedge fund recently raised its stake in Scpharmaceuticals stock. JPMorgan Chase & Co. raised its position in Scpharmaceuticals Inc (NASDAQ:SCPH) by 1,268.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,664 shares of the company’s stock after acquiring an additional 21,008 shares during the period. JPMorgan Chase & Co. owned approximately 0.12% of Scpharmaceuticals worth $133,000 as of its most recent filing with the Securities & Exchange Commission. 42.24% of the stock is currently owned by institutional investors.

About Scpharmaceuticals

scPharmaceuticals Inc, a clinical-stage pharmaceutical company, engages in the development and commercialization of various pharmaceutical products. The company's lead product candidate is Furoscix, a drug-device combination product that is under development for treatment of worsening or decompensated heart failure outside of the inpatient setting.

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Earnings History and Estimates for Scpharmaceuticals (NASDAQ:SCPH)

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