Theratechnologies Inc. (NASDAQ:THTX) has received a consensus broker rating score of 1.50 (Buy) from the four analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company. Theratechnologies’ rating score has improved by 10.2% from three months ago as a result of various analysts’ ratings changes.

Brokerages have set a 12 month consensus price target of $6.55 for the company and are anticipating that the company will post $0.01 EPS for the current quarter, according to Zacks. Zacks has also assigned Theratechnologies an industry rank of 41 out of 254 based on the ratings given to its competitors.

Several equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of Theratechnologies from a “sell” rating to a “hold” rating in a research note on Wednesday. Canaccord Genuity cut their price target on Theratechnologies from $12.00 to $11.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. Finally, Mackie reaffirmed a “buy” rating and set a $5.80 price target on shares of Theratechnologies in a report on Tuesday, February 25th.

A number of institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC lifted its holdings in Theratechnologies by 23.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 20,750 shares of the company’s stock valued at $33,000 after purchasing an additional 4,000 shares during the last quarter. Swiss National Bank lifted its holdings in shares of Theratechnologies by 4.0% during the first quarter. Swiss National Bank now owns 149,700 shares of the company’s stock worth $239,000 after buying an additional 5,700 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Theratechnologies during the fourth quarter worth $31,000. Royce & Associates LP acquired a new stake in shares of Theratechnologies during the fourth quarter worth $33,000. Finally, Mid Atlantic Financial Management Inc. ADV lifted its holdings in shares of Theratechnologies by 33.1% during the first quarter. Mid Atlantic Financial Management Inc. ADV now owns 40,174 shares of the company’s stock worth $64,000 after buying an additional 10,000 shares in the last quarter. 6.96% of the stock is owned by institutional investors and hedge funds.

NASDAQ:THTX opened at $1.87 on Friday. Theratechnologies has a 1-year low of $1.33 and a 1-year high of $5.73. The company has a current ratio of 2.18, a quick ratio of 1.53 and a debt-to-equity ratio of 2.83. The firm has a fifty day simple moving average of $2.06 and a 200 day simple moving average of $2.41. The stock has a market capitalization of $147.01 million, a PE ratio of -9.35 and a beta of 1.43.

Theratechnologies (NASDAQ:THTX) last released its earnings results on Tuesday, April 14th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.05). Theratechnologies had a negative net margin of 24.77% and a negative return on equity of 59.18%. The firm had revenue of $15.72 million during the quarter, compared to the consensus estimate of $18.58 million. On average, equities analysts predict that Theratechnologies will post -0.02 earnings per share for the current fiscal year.

Theratechnologies Company Profile

Theratechnologies Inc, a specialty pharmaceutical company, addresses unmet medical needs to promote healthy living and improve quality of life among HIV patients. It offers EGRIFTA, for the reduction of excess abdominal fat in HIV-infected patients with lipodystrophy in Canada and the United States; and Trogarz, an injection refers to ibalizumab for the treatment of multidrug resistant HIV-1 infected patients in the United States.

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