VBI Vaccines (VBIV) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS
VBI Vaccines (NASDAQ:VBIV) issued its earnings results on Friday. The biopharmaceutical company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.02), MarketWatch Earnings reports. The firm had revenue of $0.26 million during the quarter, compared to the consensus estimate of $0.24 million. VBI Vaccines had a negative return on equity of 53.12% and a negative net margin of 6,175.95%.
VBI Vaccines stock traded down $0.12 during mid-day trading on Friday, hitting $2.05. The stock had a trading volume of 350,317 shares, compared to its average volume of 285,258. The company has a quick ratio of 2.69, a current ratio of 2.75 and a debt-to-equity ratio of 0.14. VBI Vaccines has a one year low of $1.64 and a one year high of $5.10.
Several research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of VBI Vaccines from a “hold” rating to a “sell” rating in a report on Wednesday, August 1st. ValuEngine raised shares of VBI Vaccines from a “hold” rating to a “buy” rating in a report on Thursday, November 1st. Finally, BMO Capital Markets dropped their target price on shares of VBI Vaccines from $13.00 to $12.00 and set an “outperform” rating for the company in a report on Friday, July 27th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. VBI Vaccines has a consensus rating of “Hold” and a consensus target price of $8.63.
VBI Vaccines Company Profile
VBI Vaccines Inc, a biopharmaceutical company, develops and sells vaccines to address unmet needs in infectious disease and immuno-oncology in Israel and internationally. The company offers Sci-B-Vac, a third-generation hepatitis B vaccine for adults, children, and newborns; and eVLP, a vaccine platform for the design of enveloped virus-like particle vaccines that closely mimic the target virus.
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