Zacks: Brokerages Anticipate Prevail Therapeutics Inc. (NASDAQ:PRVL) Will Post Earnings of -$0.50 Per Share
Wall Street brokerages forecast that Prevail Therapeutics Inc. (NASDAQ:PRVL) will post earnings per share of ($0.50) for the current fiscal quarter, according to Zacks. Zero analysts have made estimates for Prevail Therapeutics’ earnings, with the highest EPS estimate coming in at ($0.48) and the lowest estimate coming in at ($0.55). The company is expected to announce its next quarterly earnings report on Wednesday, November 13th.
According to Zacks, analysts expect that Prevail Therapeutics will report full-year earnings of ($2.53) per share for the current year, with EPS estimates ranging from ($3.30) to ($2.07). For the next year, analysts expect that the business will post earnings of ($2.11) per share, with EPS estimates ranging from ($2.48) to ($1.91). Zacks’ earnings per share averages are an average based on a survey of research firms that follow Prevail Therapeutics.
Prevail Therapeutics (NASDAQ:PRVL) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.58) EPS for the quarter, beating the Zacks’ consensus estimate of ($1.24) by $0.66.
Institutional investors and hedge funds have recently modified their holdings of the business. Blackstone Group Inc bought a new position in Prevail Therapeutics in the 2nd quarter valued at $66,000. Point72 Hong Kong Ltd bought a new position in Prevail Therapeutics in the 2nd quarter valued at $106,000. Morgan Stanley bought a new position in Prevail Therapeutics in the 2nd quarter valued at $166,000. Northern Trust Corp bought a new position in Prevail Therapeutics in the 2nd quarter valued at $188,000. Finally, SG Americas Securities LLC bought a new position in Prevail Therapeutics in the 2nd quarter valued at $194,000. Hedge funds and other institutional investors own 77.49% of the company’s stock.
Shares of NASDAQ PRVL traded up $1.12 during mid-day trading on Friday, reaching $12.30. 95,300 shares of the company traded hands, compared to its average volume of 107,080. The company has a debt-to-equity ratio of 0.04, a quick ratio of 26.94 and a current ratio of 26.94. Prevail Therapeutics has a fifty-two week low of $7.41 and a fifty-two week high of $16.90. The company’s fifty day moving average is $11.27.
Prevail Therapeutics Company Profile
Prevail Therapeutics Inc, a gene therapy company, focuses on developing and commercializing disease-modifying AAV-based gene therapies for patients with devastating neurodegenerative diseases. The company's lead product candidate is PR001 for the treatment of Parkinson's disease with GBA1 mutation and neuronopathic Gaucher disease.
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