Equities research analysts predict that Liquidia Technologies Inc (NASDAQ:LQDA) will announce ($0.60) earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Liquidia Technologies’ earnings, with estimates ranging from ($0.74) to ($0.45). The business is scheduled to issue its next quarterly earnings report on Tuesday, May 28th.
On average, analysts expect that Liquidia Technologies will report full year earnings of ($2.14) per share for the current financial year, with EPS estimates ranging from ($2.60) to ($1.85). For the next financial year, analysts expect that the business will post earnings of ($2.33) per share, with EPS estimates ranging from ($2.85) to ($1.85). Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Liquidia Technologies.
Liquidia Technologies (NASDAQ:LQDA) last issued its earnings results on Tuesday, February 26th. The company reported ($0.62) earnings per share for the quarter, topping the consensus estimate of ($0.70) by $0.08.
Several equities analysts recently issued reports on LQDA shares. Wedbush reissued a “buy” rating and set a $47.00 price objective on shares of Liquidia Technologies in a research note on Wednesday, January 16th. Zacks Investment Research raised shares of Liquidia Technologies from a “sell” rating to a “hold” rating in a research note on Friday, January 4th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $37.00.
In other Liquidia Technologies news, insider Kevin K. Gordon sold 11,322 shares of the stock in a transaction that occurred on Tuesday, January 22nd. The shares were sold at an average price of $14.66, for a total transaction of $165,980.52. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Benjamin Maynor sold 2,187 shares of the stock in a transaction that occurred on Thursday, February 28th. The stock was sold at an average price of $19.84, for a total transaction of $43,390.08. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,452 shares of company stock worth $225,496. 4.30% of the stock is currently owned by insiders.
Large investors have recently bought and sold shares of the business. Canaan Partners VIII LLC purchased a new position in Liquidia Technologies during the fourth quarter worth approximately $55,521,000. Vanguard Group Inc purchased a new position in Liquidia Technologies during the third quarter worth approximately $4,263,000. Vanguard Group Inc. purchased a new position in Liquidia Technologies during the third quarter worth approximately $4,263,000. BlackRock Inc. purchased a new position in Liquidia Technologies during the third quarter worth approximately $5,924,000. Finally, FMR LLC purchased a new position in Liquidia Technologies during the third quarter worth approximately $6,729,000. 46.84% of the stock is currently owned by institutional investors.
LQDA stock opened at $9.83 on Thursday. The company has a market capitalization of $154.58 million and a PE ratio of -1.31. Liquidia Technologies has a 12 month low of $9.75 and a 12 month high of $38.46. The company has a current ratio of 4.85, a quick ratio of 4.85 and a debt-to-equity ratio of 0.64.
About Liquidia Technologies
Liquidia Technologies, Inc, a late-stage clinical biopharmaceutical company, focuses on the development and commercialization of human therapeutics. Its lead product candidate, LIQ861, an inhaled dry powder formulation of treprostinil that is in Phase III clinical trials used for the treatment of pulmonary arterial hypertension.
Featured Article: Closed-End Mutual Funds (CEFs)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Liquidia Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liquidia Technologies and related companies with MarketBeat.com's FREE daily email newsletter.