Equities research analysts forecast that VistaGen Therapeutics, Inc. (NASDAQ:VTGN) will report ($0.05) earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for VistaGen Therapeutics’ earnings, with the lowest EPS estimate coming in at ($0.05) and the highest estimate coming in at ($0.04). VistaGen Therapeutics reported earnings per share of ($0.13) in the same quarter last year, which suggests a positive year over year growth rate of 61.5%. The company is scheduled to report its next quarterly earnings report on Monday, July 5th.

According to Zacks, analysts expect that VistaGen Therapeutics will report full year earnings of ($0.23) per share for the current year, with EPS estimates ranging from ($0.24) to ($0.22). For the next year, analysts anticipate that the business will post earnings of ($0.32) per share, with EPS estimates ranging from ($0.41) to ($0.22). Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that that provide coverage for VistaGen Therapeutics.

VistaGen Therapeutics (NASDAQ:VTGN) last announced its quarterly earnings data on Thursday, February 11th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The company had revenue of $0.31 million for the quarter, compared to the consensus estimate of $0.33 million.

VTGN has been the subject of a number of research reports. William Blair upgraded shares of VistaGen Therapeutics from a “market perform” rating to an “outperform” rating in a research report on Monday, January 4th. Jefferies Financial Group assumed coverage on VistaGen Therapeutics in a report on Thursday, February 25th. They set a “buy” rating and a $6.00 price target on the stock. Finally, Zacks Investment Research raised VistaGen Therapeutics from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 15th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $4.44.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Orbimed Advisors LLC purchased a new position in VistaGen Therapeutics in the 4th quarter valued at about $14,550,000. Acuta Capital Partners LLC acquired a new stake in shares of VistaGen Therapeutics during the fourth quarter worth approximately $14,550,000. Ikarian Capital LLC bought a new position in VistaGen Therapeutics during the 4th quarter worth $8,703,000. Ghost Tree Capital LLC bought a new stake in VistaGen Therapeutics during the fourth quarter worth $4,734,000. Finally, Asymmetry Capital Management L.P. purchased a new position in VistaGen Therapeutics during the fourth quarter valued at $4,345,000. Hedge funds and other institutional investors own 3.13% of the company’s stock.

Shares of NASDAQ VTGN traded down $0.07 during mid-day trading on Tuesday, reaching $2.59. The company had a trading volume of 2,353,512 shares, compared to its average volume of 3,166,321. The stock has a market cap of $371.25 million, a P/E ratio of -5.40 and a beta of 0.52. The firm has a 50 day simple moving average of $2.19 and a two-hundred day simple moving average of $1.70. VistaGen Therapeutics has a 52-week low of $0.35 and a 52-week high of $3.18.

About VistaGen Therapeutics

VistaGen Therapeutics, Inc, a clinical-stage biopharmaceutical company, engages in developing and commercializing various medicines with the potential to care for anxiety, depression, and other disorders of the central nervous system (CNS). The company's CNS pipeline includes PH94B, a rapid-onset neuroactive nasal spray, which is in preparation for Phase III development for the acute treatment of anxiety in adults with social anxiety disorder.

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Earnings History and Estimates for VistaGen Therapeutics (NASDAQ:VTGN)

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