Zacks: Analysts Anticipate Eyegate Pharmaceuticals Inc (EYEG) Will Announce Earnings of -$0.26 Per Share

Analysts expect that Eyegate Pharmaceuticals Inc (NASDAQ:EYEG) will announce earnings of ($0.26) per share for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for Eyegate Pharmaceuticals’ earnings. The lowest EPS estimate is ($0.28) and the highest is ($0.24). Eyegate Pharmaceuticals reported earnings per share of ($0.38) during the same quarter last year, which suggests a positive year over year growth rate of 31.6%. The company is expected to issue its next earnings results on Thursday, February 22nd.

According to Zacks, analysts expect that Eyegate Pharmaceuticals will report full year earnings of ($1.05) per share for the current fiscal year, with EPS estimates ranging from ($1.17) to ($0.97). For the next fiscal year, analysts forecast that the company will report earnings of ($0.67) per share, with EPS estimates ranging from ($0.74) to ($0.61). Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Eyegate Pharmaceuticals.

Separately, HC Wainwright set a $5.00 target price on shares of Eyegate Pharmaceuticals and gave the stock a “buy” rating in a report on Tuesday, December 19th.

Shares of Eyegate Pharmaceuticals (EYEG) traded up $0.02 during mid-day trading on Friday, hitting $1.19. 131,146 shares of the company traded hands, compared to its average volume of 437,757. The company has a market cap of $20.99, a P/E ratio of -1.01 and a beta of 3.19. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.01. Eyegate Pharmaceuticals has a 1-year low of $0.90 and a 1-year high of $3.90.

An institutional investor recently raised its position in Eyegate Pharmaceuticals stock. Vanguard Group Inc. raised its holdings in Eyegate Pharmaceuticals Inc (NASDAQ:EYEG) by 0.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 247,319 shares of the specialty pharmaceutical company’s stock after purchasing an additional 1,988 shares during the period. Vanguard Group Inc. owned approximately 2.27% of Eyegate Pharmaceuticals worth $339,000 at the end of the most recent quarter. Institutional investors own 11.94% of the company’s stock.

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Eyegate Pharmaceuticals Company Profile

Eyegate Pharmaceuticals, Inc is a clinical-stage specialty pharmaceutical company. The Company is focused on developing and commercializing therapeutics and drug delivery systems for treating diseases of the eye. The Company’s lead product, EGP-437, incorporates a reformulated topically active corticosteroid, dexamethasone phosphate, which is delivered into the ocular tissues through its drug delivery system, the EyeGate II Delivery System.

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Earnings History and Estimates for Eyegate Pharmaceuticals (NASDAQ:EYEG)

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