Zacks: Analysts Expect Oxford Immunotec Global (OXFD) Will Announce Quarterly Sales of $20.98 Million
Brokerages expect Oxford Immunotec Global (NASDAQ:OXFD) to post sales of $20.98 million for the current quarter, according to Zacks. Four analysts have issued estimates for Oxford Immunotec Global’s earnings. The lowest sales estimate is $20.50 million and the highest is $21.18 million. Oxford Immunotec Global posted sales of $21.51 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 2.5%. The company is scheduled to issue its next earnings report before the market opens on Tuesday, May 1st.
According to Zacks, analysts expect that Oxford Immunotec Global will report full-year sales of $112.30 million for the current financial year, with estimates ranging from $112.00 million to $112.53 million. For the next fiscal year, analysts expect that the firm will post sales of $127.27 million per share, with estimates ranging from $125.54 million to $129.26 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover Oxford Immunotec Global.
Oxford Immunotec Global (NASDAQ:OXFD) last announced its quarterly earnings data on Tuesday, February 27th. The company reported ($0.34) EPS for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.02. The company had revenue of $25.03 million during the quarter, compared to the consensus estimate of $25.12 million. Oxford Immunotec Global had a negative net margin of 31.90% and a negative return on equity of 42.38%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.22) EPS.
In other Oxford Immunotec Global news, Director Richard A. Sandberg sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $12.01, for a total transaction of $36,030.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 8.11% of the stock is owned by corporate insiders.
Large investors have recently bought and sold shares of the company. Jefferies Group LLC bought a new stake in shares of Oxford Immunotec Global in the 4th quarter valued at $273,000. Elkfork Partners LLC bought a new stake in shares of Oxford Immunotec Global in the 4th quarter valued at $358,000. Wells Fargo & Company MN boosted its stake in shares of Oxford Immunotec Global by 31.3% in the 3rd quarter. Wells Fargo & Company MN now owns 38,720 shares of the company’s stock valued at $651,000 after purchasing an additional 9,235 shares during the last quarter. Stanley Laman Group Ltd. bought a new stake in shares of Oxford Immunotec Global in the 4th quarter valued at $692,000. Finally, Deutsche Bank AG boosted its stake in shares of Oxford Immunotec Global by 92.8% in the 4th quarter. Deutsche Bank AG now owns 56,878 shares of the company’s stock valued at $793,000 after purchasing an additional 27,384 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.
Shares of OXFD stock traded down $0.22 during midday trading on Wednesday, hitting $12.31. 60,677 shares of the company were exchanged, compared to its average volume of 199,105. The company has a market capitalization of $324.18, a price-to-earnings ratio of -9.23 and a beta of -0.33. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.92 and a current ratio of 5.37. Oxford Immunotec Global has a 52 week low of $10.00 and a 52 week high of $19.51.
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About Oxford Immunotec Global
Oxford Immunotec Global PLC, a diagnostics company, focuses on developing and commercializing proprietary tests for underserved immune-regulated conditions. Its development activities principally focus on the areas of infectious diseases, transplantation, autoimmune and inflammatory disease, and immune-oncology.
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