Voyager Therapeutics (VYGR) Expected to Post Earnings of -$0.57 Per Share
Equities research analysts predict that Voyager Therapeutics (NASDAQ:VYGR) will report earnings of ($0.57) per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Voyager Therapeutics’ earnings, with estimates ranging from ($0.77) to ($0.44). Voyager Therapeutics reported earnings of ($0.65) per share during the same quarter last year, which would indicate a positive year over year growth rate of 12.3%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, May 8th.
According to Zacks, analysts expect that Voyager Therapeutics will report full year earnings of ($2.54) per share for the current fiscal year, with EPS estimates ranging from ($3.36) to ($1.20). For the next financial year, analysts forecast that the company will report earnings of ($3.28) per share, with EPS estimates ranging from ($4.70) to ($2.61). Zacks’ earnings per share calculations are an average based on a survey of research analysts that cover Voyager Therapeutics.
Voyager Therapeutics (NASDAQ:VYGR) last released its quarterly earnings data on Wednesday, March 14th. The company reported ($0.40) EPS for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.32. Voyager Therapeutics had a negative return on equity of 63.18% and a negative net margin of 697.03%. The firm had revenue of $6.35 million for the quarter, compared to analysts’ expectations of $5.81 million.
NASDAQ:VYGR traded down $0.23 during trading hours on Monday, reaching $18.52. 87,188 shares of the stock were exchanged, compared to its average volume of 431,002. Voyager Therapeutics has a twelve month low of $8.10 and a twelve month high of $31.91. The stock has a market capitalization of $603.88, a price-to-earnings ratio of -6.96 and a beta of 2.98.
In other news, insider Bernard Ravina sold 2,451 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $18.24, for a total value of $44,706.24. Following the sale, the insider now directly owns 4,902 shares in the company, valued at $89,412.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Dinah Ph.D. Sah sold 15,623 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $30.00, for a total value of $468,690.00. Following the completion of the sale, the insider now owns 140,872 shares in the company, valued at $4,226,160. The disclosure for this sale can be found here. Over the last quarter, insiders sold 66,908 shares of company stock worth $1,574,258. Insiders own 8.00% of the company’s stock.
A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. increased its holdings in Voyager Therapeutics by 73.9% in the fourth quarter. BlackRock Inc. now owns 1,210,763 shares of the company’s stock valued at $20,099,000 after buying an additional 514,345 shares during the last quarter. Farallon Capital Management LLC increased its holdings in Voyager Therapeutics by 290.5% in the fourth quarter. Farallon Capital Management LLC now owns 654,812 shares of the company’s stock valued at $10,870,000 after buying an additional 487,147 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Voyager Therapeutics by 19.2% in the fourth quarter. Wells Fargo & Company MN now owns 449,525 shares of the company’s stock valued at $7,462,000 after buying an additional 72,335 shares during the last quarter. AXA purchased a new position in Voyager Therapeutics in the fourth quarter valued at $5,591,000. Finally, Millennium Management LLC purchased a new position in Voyager Therapeutics in the fourth quarter valued at $4,579,000. 78.22% of the stock is currently owned by hedge funds and other institutional investors.
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About Voyager Therapeutics
Voyager Therapeutics, Inc, a clinical-stage gene therapy company, focuses on the development of treatments for patients suffering from severe neurological diseases. The company's lead clinical candidate is the VY-AADC, which is in open-label Phase 1b clinical trials for the treatment of advanced Parkinson's disease.
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