Equities research analysts expect that Endocyte, Inc. (NASDAQ:ECYT) will announce earnings of ($0.16) per share for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Endocyte’s earnings, with the highest EPS estimate coming in at ($0.15) and the lowest estimate coming in at ($0.16). Endocyte posted earnings per share of ($0.26) during the same quarter last year, which suggests a positive year-over-year growth rate of 38.5%. The business is expected to announce its next quarterly earnings results on Friday, March 9th.

According to Zacks, analysts expect that Endocyte will report full-year earnings of ($1.24) per share for the current year, with EPS estimates ranging from ($1.25) to ($1.23). For the next year, analysts forecast that the company will report earnings of ($0.91) per share, with EPS estimates ranging from ($1.02) to ($0.79). Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that cover Endocyte.

Endocyte (NASDAQ:ECYT) last released its quarterly earnings results on Monday, November 6th. The biopharmaceutical company reported ($0.55) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by ($0.20). Endocyte had a negative net margin of 82,235.72% and a negative return on equity of 38.91%. The firm had revenue of $0.03 million during the quarter. During the same quarter last year, the company earned ($0.21) earnings per share. Endocyte’s revenue for the quarter was up .0% on a year-over-year basis.

A number of analysts recently issued reports on the company. ValuEngine downgraded Endocyte from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Zacks Investment Research raised Endocyte from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Wedbush raised Endocyte from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $2.00 to $7.00 in a research report on Tuesday, October 3rd. Finally, Cowen reaffirmed a “hold” rating on shares of Endocyte in a research report on Monday, October 2nd.

Endocyte (NASDAQ ECYT) traded up $0.10 during trading hours on Friday, hitting $4.91. The company had a trading volume of 658,000 shares, compared to its average volume of 1,176,872. Endocyte has a twelve month low of $1.17 and a twelve month high of $6.55.

In other news, VP Christopher P. Leamon sold 23,231 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $5.04, for a total transaction of $117,084.24. Following the completion of the sale, the vice president now owns 150,579 shares in the company, valued at $758,918.16. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Philip S. Low acquired 5,600 shares of Endocyte stock in a transaction dated Monday, November 13th. The shares were purchased at an average price of $4.84 per share, with a total value of $27,104.00. Following the acquisition, the insider now owns 283,005 shares of the company’s stock, valued at $1,369,744.20. The disclosure for this purchase can be found here. 14.86% of the stock is owned by insiders.

Large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its holdings in shares of Endocyte by 1,064.3% during the second quarter. Goldman Sachs Group Inc. now owns 430,994 shares of the biopharmaceutical company’s stock worth $646,000 after acquiring an additional 393,975 shares during the period. FMR LLC boosted its stake in shares of Endocyte by 0.9% in the second quarter. FMR LLC now owns 3,540,203 shares of the biopharmaceutical company’s stock valued at $5,310,000 after buying an additional 31,168 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Endocyte by 4.7% in the first quarter. Bank of New York Mellon Corp now owns 143,552 shares of the biopharmaceutical company’s stock valued at $369,000 after buying an additional 6,469 shares during the period. Spark Investment Management LLC bought a new stake in shares of Endocyte in the second quarter valued at approximately $177,000. Finally, LMR Partners LLP bought a new stake in shares of Endocyte in the second quarter valued at approximately $196,000. Institutional investors own 17.68% of the company’s stock.

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Earnings History and Estimates for Endocyte (NASDAQ:ECYT)

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