3 days Ago By ABMN Staff
Eton Pharmaceuticals, Inc. ( NASDAQ:ETON – Free Report ) – Stock analysts at HC Wainwright increased their FY2024 earnings per share estimates for shares of Eton Pharmaceuticals in a research note issued on Wednesday, November 13th. HC Wainwright analyst S.
Ramakanth now forecasts that the company will earn ($0.15) per share for the year, up from their previous estimate of ($0.17).
HC Wainwright has a “Buy” rating and a $11.00 price target on the stock. The consensus estimate for Eton Pharmaceuticals’ current full-year earnings is ($0.
15) per share. HC Wainwright also issued estimates for Eton Pharmaceuticals’ Q4 2024 earnings at ($0.02) EPS and FY2025 earnings at $0.
44 EPS. Separately, Craig Hallum raised their price target on shares of Eton Pharmaceuticals from $10.00 to $15.
00 and gave the company a “buy” rating in a report on Monday, October 28th. Eton Pharmaceuticals Stock Performance NASDAQ ETON opened at $10.03 on Monday.
Eton Pharmaceuticals has a one year low of $3.03 and a one year high of $11.11.
The stock has a 50-day moving average of $7.50 and a 200 day moving average of $5.04.
The company has a market capitalization of $259.14 million, a price-to-earnings ratio of -45.59 and a beta of 1.
25. Insider Activity In other Eton Pharmaceuticals news, major shareholder Opaleye Management Inc. bought 11,248 shares of Eton Pharmaceuticals stock in a transaction on Monday, October 7th.
The stock was acquired at an average cost of $7.22 per share, with a total value of $81,210.56.
Following the completion of the acquisition, the insider now owns 2,730,000 shares in the company, valued at approximately $19,710,600. This represents a 0.41 % increase in their ownership of the stock.
The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Insiders have bought 85,600 shares of company stock valued at $462,674 in the last ninety days. 14.
89% of the stock is currently owned by company insiders. Institutional Investors Weigh In On Eton Pharmaceuticals A number of hedge funds have recently modified their holdings of the business. Nantahala Capital Management LLC bought a new stake in Eton Pharmaceuticals during the 2nd quarter worth approximately $3,095,000.
Wasatch Advisors LP bought a new position in Eton Pharmaceuticals in the 3rd quarter worth $1,431,000. Aristides Capital LLC purchased a new stake in Eton Pharmaceuticals in the 2nd quarter worth $658,000. Thompson Siegel & Walmsley LLC bought a new stake in Eton Pharmaceuticals during the second quarter valued at about $420,000.
Finally, Stonepine Capital Management LLC bought a new stake in Eton Pharmaceuticals during the second quarter valued at about $362,000. Institutional investors own 27.86% of the company’s stock.
Eton Pharmaceuticals Company Profile ( Get Free Report ) Eton Pharmaceuticals, Inc, a specialty pharmaceutical company, focuses on developing, acquiring, and commercializing pharmaceutical products for rare diseases. The company offers ALKINDI SPRINKLE, a replacement therapy for adrenocortical insufficiency in children under 17 years of age; Carglumic Acid for the treatment of acute and chronic hyperammonemia due to N-acetylglutamate Synthase deficiency; Betaine Anhydrous for the treatment of homocystinuria; and Nitisinone for the treatment of tyrosinemia type 1. See Also Receive News & Ratings for Eton Pharmaceuticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eton Pharmaceuticals and related companies with MarketBeat.
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