Radius Health Inc (NASDAQ:RDUS) has received an average recommendation of “Hold” from the twelve research firms that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $52.00.

Several brokerages recently weighed in on RDUS. ValuEngine raised shares of Radius Health from a “strong sell” rating to a “sell” rating in a report on Friday, December 1st. Citigroup began coverage on shares of Radius Health in a report on Wednesday, December 6th. They issued a “neutral” rating and a $30.00 target price for the company. Cantor Fitzgerald set a $58.00 target price on shares of Radius Health and gave the stock a “buy” rating in a report on Friday, December 15th. BidaskClub downgraded shares of Radius Health from a “sell” rating to a “strong sell” rating in a report on Thursday, December 7th. Finally, Jefferies Group dropped their price objective on shares of Radius Health from $38.00 to $31.00 and set a “hold” rating for the company in a report on Friday, November 3rd.

In other Radius Health news, major shareholder Growth N. V. Biotech purchased 50,000 shares of the stock in a transaction that occurred on Wednesday, October 25th. The stock was purchased at an average price of $32.85 per share, with a total value of $1,642,500.00. Following the acquisition, the insider now owns 5,548,799 shares in the company, valued at $182,278,047.15. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Brent Hatzis-Schoch purchased 1,778 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was acquired at an average cost of $28.09 per share, with a total value of $49,944.02. Following the acquisition, the vice president now owns 2,278 shares in the company, valued at approximately $63,989.02. The disclosure for this purchase can be found here. Insiders have acquired a total of 158,578 shares of company stock valued at $4,659,916 in the last three months. Insiders own 15.00% of the company’s stock.

Several large investors have recently made changes to their positions in the stock. Belpointe Asset Management LLC bought a new position in shares of Radius Health in the 3rd quarter valued at about $474,000. Cubist Systematic Strategies LLC bought a new position in shares of Radius Health in the 3rd quarter valued at about $110,000. Point72 Asset Management L.P. bought a new position in shares of Radius Health in the 3rd quarter valued at about $17,236,000. Orbimed Advisors LLC lifted its holdings in shares of Radius Health by 59.5% in the 3rd quarter. Orbimed Advisors LLC now owns 1,122,800 shares of the biopharmaceutical company’s stock valued at $43,284,000 after acquiring an additional 418,700 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Radius Health by 28.4% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 180,901 shares of the biopharmaceutical company’s stock valued at $6,974,000 after acquiring an additional 40,006 shares during the last quarter.

Radius Health (NASDAQ:RDUS) opened at $30.98 on Monday. The firm has a market cap of $1,344.00, a price-to-earnings ratio of -5.71 and a beta of 1.09. The company has a quick ratio of 12.79, a current ratio of 12.87 and a debt-to-equity ratio of 0.53. Radius Health has a 1-year low of $24.66 and a 1-year high of $49.16.

Radius Health (NASDAQ:RDUS) last issued its earnings results on Thursday, November 2nd. The biopharmaceutical company reported ($1.31) earnings per share for the quarter, missing the consensus estimate of ($1.28) by ($0.03). The company had revenue of $13.50 million for the quarter, compared to the consensus estimate of $6.90 million. During the same period in the prior year, the company earned ($1.07) earnings per share. analysts expect that Radius Health will post -5.57 earnings per share for the current fiscal year.

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Radius Health Company Profile

Radius Health, Inc is a biopharmaceutical company. The Company is focused on the developing therapeutics in the areas of osteoporosis, oncology and endocrine diseases. The Company’s lead investigational product candidate, TYMLOS (abaloparatide-SC) injection is developed for the treatment of postmenopausal women with osteoporosis at high risk for fracture.

Analyst Recommendations for Radius Health (NASDAQ:RDUS)

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