Analysts forecast that Intec Pharma Ltd (NASDAQ:NTEC) will report ($0.28) earnings per share (EPS) for the current quarter, Zacks reports. Zero analysts have issued estimates for Intec Pharma’s earnings, with the lowest EPS estimate coming in at ($0.33) and the highest estimate coming in at ($0.25). Intec Pharma posted earnings of ($0.34) per share in the same quarter last year, which suggests a positive year-over-year growth rate of 17.6%. The business is scheduled to issue its next quarterly earnings report on Wednesday, August 21st.

On average, analysts expect that Intec Pharma will report full year earnings of ($1.05) per share for the current year, with EPS estimates ranging from ($1.15) to ($0.98). For the next fiscal year, analysts forecast that the firm will post earnings of ($0.85) per share, with EPS estimates ranging from ($1.03) to ($0.67). Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that cover Intec Pharma.

Intec Pharma (NASDAQ:NTEC) last issued its earnings results on Tuesday, May 7th. The biotechnology company reported ($0.32) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.37) by $0.05.

Several equities research analysts have weighed in on NTEC shares. Maxim Group reaffirmed a “buy” rating and issued a $12.00 target price on shares of Intec Pharma in a research report on Thursday, June 20th. LADENBURG THALM/SH SH reaffirmed a “buy” rating and issued a $15.00 target price on shares of Intec Pharma in a research report on Thursday, June 20th. Zacks Investment Research lowered GENEL ENERGY PL/ADR from a “buy” rating to a “hold” rating in a report on Tuesday, May 7th. HC Wainwright set a $35.00 price target on Stemline Therapeutics and gave the company a “buy” rating in a report on Thursday, June 20th. Finally, ValuEngine raised WPP from a “sell” rating to a “hold” rating in a report on Wednesday, June 19th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $12.17.

NASDAQ NTEC traded down $0.40 during trading hours on Monday, hitting $2.99. The company had a trading volume of 382,045 shares, compared to its average volume of 433,203. Intec Pharma has a fifty-two week low of $2.99 and a fifty-two week high of $9.25. The business has a fifty day moving average of $4.35. The company has a market cap of $98.16 million, a price-to-earnings ratio of -2.14 and a beta of 0.28.

Several institutional investors and hedge funds have recently modified their holdings of the company. Knott David M increased its holdings in shares of Intec Pharma by 2.5% during the first quarter. Knott David M now owns 290,434 shares of the biotechnology company’s stock valued at $2,129,000 after purchasing an additional 6,961 shares during the period. BlackRock Inc. acquired a new position in shares of Intec Pharma during the fourth quarter valued at $67,000. Marshall Wace North America L.P. acquired a new position in shares of Intec Pharma during the first quarter valued at $117,000. Delek Group Ltd. acquired a new position in shares of Intec Pharma during the first quarter valued at $154,000. Finally, Sigma Planning Corp acquired a new position in shares of Intec Pharma during the first quarter valued at $183,000. 33.64% of the stock is currently owned by institutional investors.

About Intec Pharma

Intec Pharma Ltd., a clinical stage biopharmaceutical company, focuses on developing drugs based on its proprietary Accordion Pill platform technology in Israel. Its Accordion Pill is an oral drug delivery system that is designed to enhance the efficacy and safety of existing drugs and drugs in development by utilizing a gastric retention and specific release mechanism.

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Earnings History and Estimates for Intec Pharma (NASDAQ:NTEC)

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