SAB Biotherapeutics (NASDAQ:SABS – Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.24) EPS for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.03, FiscalAI reports.
Here are the key takeaways from SAB Biotherapeutics’ conference call:
- SAFEGUARD enrollment is progressing: adult and adolescent cohorts are fully enrolled and closed to screening, and SAB Bio expects to complete enrollment in Q4 2026. Top-line data are expected in the second half of 2027.
- The FDA granted Fast Track designation to SAB-142, which may allow more frequent FDA interactions and rolling review of a future BLA; the designation does not guarantee approval or change the approval standard.
- The investigator-led PRISE study expects to dose its first patient in Q4 2026 and will evaluate SAB-142 in patients diagnosed up to two years earlier. Management sees the study as a potential path to expanding the eligible population, but did not provide a data timeline.
- SAB Bio reported $205 million in cash, cash equivalents and investment securities at quarter-end and said its cash should fund operations through 2028, including the planned PRISE expenses.
- Quarterly R&D and G&A expenses rose to $18.1 million and $7.8 million, respectively, as the company advanced its clinical program; SAB Bio reported a $22.3 million net loss versus net income a year earlier, when results included a large warrant-liability fair-value gain.
SAB Biotherapeutics Price Performance
Shares of SAB Biotherapeutics stock traded up $0.09 during trading hours on Friday, reaching $3.03. The company’s stock had a trading volume of 300,599 shares, compared to its average volume of 638,698. The firm has a 50 day moving average price of $3.21 and a 200-day moving average price of $3.67. The company has a debt-to-equity ratio of 0.01, a current ratio of 9.22 and a quick ratio of 9.22. The stock has a market cap of $275.69 million, a P/E ratio of -2.33 and a beta of 0.67. SAB Biotherapeutics has a one year low of $2.44 and a one year high of $5.15.
Analyst Ratings Changes
Several brokerages have issued reports on SABS. Wall Street Zen upgraded shares of SAB Biotherapeutics from a “strong sell” rating to a “sell” rating in a research report on Monday, August 10th. Weiss Ratings upgraded SAB Biotherapeutics from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, September 17th. Nine investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.00.
Check Out Our Latest Stock Report on SAB Biotherapeutics
About SAB Biotherapeutics
SAB Biotherapeutics, Inc is a biotechnology company focused on developing fully human polyclonal antibody medicines for infectious diseases, immune disorders and other conditions where targeted immune responses may provide therapeutic benefits. The company is based in Sioux Falls, South Dakota.
SAB Biotherapeutics uses its DiversitAb platform, which involves genetically engineered cattle capable of producing antibodies with human immune-system characteristics. Antibodies are collected from the animals’ plasma and processed for potential use as treatments, allowing the company to pursue antibody products without relying solely on conventional human donor sources.
The company has developed a pipeline that has included SAB-185, an investigational antibody therapy directed at SARS-CoV-2, as well as programs targeting influenza and autoimmune or immune-mediated diseases.
Featured Stories
- Five stocks we like better than SAB Biotherapeutics
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
Receive News & Ratings for SAB Biotherapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAB Biotherapeutics and related companies with MarketBeat.com's FREE daily email newsletter.
