Somewhat Positive Press Coverage Somewhat Unlikely to Affect Emergent Biosolutions (NYSE:EBS) Stock Price

News articles about Emergent Biosolutions (NYSE:EBS) have trended somewhat positive this week, Accern reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Emergent Biosolutions earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave media coverage about the biopharmaceutical company an impact score of 45.700012329862 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

Shares of Emergent Biosolutions (EBS) opened at 34.82 on Friday. Emergent Biosolutions has a 12-month low of $24.47 and a 12-month high of $36.95. The stock has a market cap of $1.43 billion, a P/E ratio of 22.18 and a beta of 1.22. The company has a 50 day moving average price of $35.06 and a 200 day moving average price of $31.69.

Emergent Biosolutions (NYSE:EBS) last issued its earnings results on Thursday, August 3rd. The biopharmaceutical company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.26 by $0.13. Emergent Biosolutions had a net margin of 13.42% and a return on equity of 14.50%. The firm had revenue of $100.77 million during the quarter, compared to analyst estimates of $111.57 million. During the same quarter in the previous year, the business posted ($0.05) EPS. Emergent Biosolutions’s revenue was up 10.4% compared to the same quarter last year. Analysts anticipate that Emergent Biosolutions will post $1.55 earnings per share for the current fiscal year.

A number of analysts have recently issued reports on EBS shares. Zacks Investment Research lowered Emergent Biosolutions from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. BidaskClub raised Emergent Biosolutions from a “hold” rating to a “buy” rating in a research note on Saturday, June 24th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $44.00.

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In related news, Chairman Fuad El-Hibri sold 25,000 shares of Emergent Biosolutions stock in a transaction on Thursday, July 20th. The stock was sold at an average price of $35.50, for a total value of $887,500.00. Following the transaction, the chairman now owns 1,655,216 shares in the company, valued at $58,760,168. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jerome M. Hauer sold 10,776 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $35.83, for a total value of $386,104.08. Following the completion of the transaction, the director now directly owns 29,421 shares in the company, valued at $1,054,154.43. The disclosure for this sale can be found here. Insiders sold 60,776 shares of company stock worth $2,186,104 in the last quarter. 16.50% of the stock is owned by insiders.

About Emergent Biosolutions

Emergent BioSolutions Inc is a life sciences company. The Company focuses on protecting and enhancing life by providing specialty products for civilian and military populations that address accidental, intentional and naturally emerging public health threats. It focuses on developing, manufacturing and commercializing medical countermeasures that address public health threats (PHTs).

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