Sanofi (SNY) Announces Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Sanofi (NYSE:SNY) posted its quarterly earnings data on Wednesday. The company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.07), Morningstar.com reports. Sanofi had a return on equity of 25.19% and a net margin of 25.44%. The business had revenue of $8.69 billion for the quarter, compared to the consensus estimate of $8.65 billion. During the same period in the previous year, the firm earned $1.25 EPS. The company’s revenue was down 2.1% on a year-over-year basis.

Shares of Sanofi (NYSE SNY) traded down $0.62 during trading on Thursday, reaching $39.77. 2,688,684 shares of the company’s stock traded hands, compared to its average volume of 2,350,667. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.59 and a quick ratio of 1.16. The stock has a market capitalization of $102,970.00, a PE ratio of 21.56, a PEG ratio of 2.43 and a beta of 0.85. Sanofi has a twelve month low of $39.59 and a twelve month high of $50.65.

A number of institutional investors have recently modified their holdings of the business. Moors & Cabot Inc. raised its holdings in Sanofi by 0.7% in the second quarter. Moors & Cabot Inc. now owns 6,494 shares of the company’s stock worth $311,000 after buying an additional 43 shares during the last quarter. Toronto Dominion Bank raised its holdings in shares of Sanofi by 4.6% during the second quarter. Toronto Dominion Bank now owns 4,054 shares of the company’s stock valued at $195,000 after purchasing an additional 180 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Sanofi by 7.0% during the second quarter. Quadrant Capital Group LLC now owns 5,909 shares of the company’s stock valued at $264,000 after purchasing an additional 384 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC raised its holdings in shares of Sanofi by 0.9% during the second quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 71,517 shares of the company’s stock valued at $3,426,000 after purchasing an additional 651 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of Sanofi by 8.3% during the third quarter. BNP Paribas Arbitrage SA now owns 15,374 shares of the company’s stock valued at $765,000 after purchasing an additional 1,183 shares during the last quarter. 9.09% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts recently commented on SNY shares. Bank of America lowered shares of Sanofi from a “buy” rating to a “neutral” rating in a research note on Wednesday, December 6th. Morgan Stanley lowered shares of Sanofi from an “overweight” rating to an “underweight” rating in a research note on Friday, December 1st. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Sanofi in a research note on Thursday, December 14th. Barclays raised shares of Sanofi from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 15th. Finally, Nord/LB reaffirmed a “neutral” rating on shares of Sanofi in a report on Wednesday, December 27th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $49.33.

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About Sanofi

Sanofi is a healthcare company, focused on patient needs and engaged in the research, development, manufacture and marketing of therapeutic solutions. The Company’s segments are Pharmaceuticals, Human Vaccines (Vaccines), and Other. The Pharmaceuticals segment comprises the commercial operations of various franchises, including Speciality Care (Rare Diseases, Multiple Sclerosis, and Oncology), Diabetes and Cardiovascular, Established Prescription Products, Consumer Healthcare and Generics, and research and development, production and marketing activities for all of the Company’s pharmaceuticals operations.

Earnings History for Sanofi (NYSE:SNY)

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