Eargo (EAR) to Release Quarterly Earnings on Thursday
Eargo (NASDAQ:EAR) is set to issue its quarterly earnings data after the market closes on Thursday, February 25th. Analysts expect the company to announce earnings of ($0.22) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
EAR opened at $63.61 on Tuesday. The business’s fifty day moving average is $59.91. Eargo has a 12 month low of $32.58 and a 12 month high of $76.75.
Several analysts recently weighed in on the stock. Wells Fargo & Company raised their target price on shares of Eargo from $53.00 to $60.00 in a report on Wednesday, January 13th. Zacks Investment Research upgraded shares of Eargo from a “hold” rating to a “buy” rating and set a $79.00 target price for the company in a research note on Tuesday, February 9th. Bank of America began coverage on Eargo in a report on Wednesday, November 11th. They issued a “buy” rating and a $43.00 target price on the stock. William Blair initiated coverage on Eargo in a report on Tuesday, November 10th. They set an “outperform” rating for the company. Finally, JPMorgan Chase & Co. assumed coverage on Eargo in a report on Tuesday, November 10th. They issued an “overweight” rating and a $41.00 price objective on the stock. Five analysts have rated the stock with a buy rating, Eargo currently has a consensus rating of “Buy” and an average price target of $55.75.
Eargo, Inc, a consumer-focused medical device company, develops and sells hearing aids to assist people with hearing loss in the United States. It sells its products through online stores. The company was formerly known as Aria Innovations, Inc and changed its name to Eargo, Inc in November 2014. Eargo, Inc was founded in 2010 and is headquartered in San Jose, California.
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