HC Wainwright reissued their buy rating on shares of Kamada (NASDAQ:KMDA) in a report released on Thursday.

A number of other analysts also recently weighed in on the company. Jefferies Group restated a buy rating and issued a $7.00 price objective on shares of Kamada in a report on Thursday, October 12th. Zacks Investment Research upgraded Kamada from a sell rating to a hold rating in a report on Wednesday, October 25th. ValuEngine upgraded Kamada from a sell rating to a hold rating in a report on Friday, January 5th. Finally, Chardan Capital started coverage on Kamada in a report on Friday, February 2nd. They issued a buy rating and a $7.00 price objective for the company. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of Buy and an average target price of $7.00.

Shares of Kamada (KMDA) opened at $5.00 on Thursday. The firm has a market capitalization of $201.32, a price-to-earnings ratio of 29.41 and a beta of 1.14. Kamada has a 1-year low of $3.75 and a 1-year high of $8.61. The company has a quick ratio of 2.73, a current ratio of 3.30 and a debt-to-equity ratio of 0.02.

Kamada (NASDAQ:KMDA) last posted its quarterly earnings data on Wednesday, February 7th. The biotechnology company reported $0.16 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.10. The business had revenue of $35.71 million during the quarter, compared to the consensus estimate of $32.90 million. Kamada had a return on equity of 9.06% and a net margin of 6.71%. equities analysts anticipate that Kamada will post 0.21 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of KMDA. Jane Street Group LLC acquired a new stake in Kamada during the 3rd quarter worth about $112,000. Worth Venture Partners LLC acquired a new stake in Kamada during the 3rd quarter worth about $246,000. Navellier & Associates Inc acquired a new stake in Kamada during the 2nd quarter worth about $303,000. Analyst IMS Investment Management Services Ltd. grew its holdings in Kamada by 125.5% during the 3rd quarter. Analyst IMS Investment Management Services Ltd. now owns 89,843 shares of the biotechnology company’s stock worth $431,000 after acquiring an additional 50,000 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Kamada by 6.5% during the 2nd quarter. Vanguard Group Inc. now owns 468,390 shares of the biotechnology company’s stock worth $2,810,000 after acquiring an additional 28,382 shares during the period. Hedge funds and other institutional investors own 6.26% of the company’s stock.

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Kamada Company Profile

Kamada Ltd. is an Israel-based biopharmaceutical company, which develops, produces and markets therapeutics, based on chromatographic purification technology. It offers bio-therapeutics for human use, such as specialty proteins, specific immunoglobulins, and other prescription medicines. The Company’s product line includes intravenous AAT for chronic replacement therapy in individuals with congenital alpha-1 antitrypsin deficiency; KamRAB for prophylaxis of rabies infection; KamRho-D IM for prophylaxis of Rh hemolytic disease of the newborn; KamRho-D IV for treatment of immune thrombocytopenic purpura; and IVIG, a replacement therapy in primary and secondary immune therapy.

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