Equities research analysts expect Recro Pharma Inc (NASDAQ:REPH) to report ($0.74) earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Recro Pharma’s earnings. Recro Pharma reported earnings per share of ($0.81) during the same quarter last year, which suggests a positive year over year growth rate of 8.6%. The company is expected to announce its next quarterly earnings results on Monday, March 5th.
On average, analysts expect that Recro Pharma will report full year earnings of ($2.10) per share for the current financial year. For the next financial year, analysts forecast that the business will report earnings of ($3.13) per share, with EPS estimates ranging from ($4.31) to ($2.12). Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for Recro Pharma.
Recro Pharma (NASDAQ:REPH) last announced its earnings results on Thursday, November 9th. The specialty pharmaceutical company reported ($0.48) earnings per share for the quarter, beating the consensus estimate of ($0.75) by $0.27. Recro Pharma had a negative return on equity of 60.01% and a negative net margin of 51.88%.
Shares of Recro Pharma (REPH) traded up $0.04 during trading on Tuesday, reaching $8.93. The company’s stock had a trading volume of 163,894 shares, compared to its average volume of 87,771. The company has a quick ratio of 1.35, a current ratio of 1.59 and a debt-to-equity ratio of 0.50. The company has a market cap of $170.80, a P/E ratio of -4.08 and a beta of -0.50. Recro Pharma has a 52-week low of $5.81 and a 52-week high of $10.59.
In other news, major shareholder Scp Vitalife Partners (Israel) sold 12,964 shares of the business’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $8.88, for a total value of $115,120.32. Following the sale, the insider now owns 734,269 shares of the company’s stock, valued at approximately $6,520,308.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Healthcare Master Fun Broadfin sold 222,616 shares of the business’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $9.58, for a total value of $2,132,661.28. The disclosure for this sale can be found here. Insiders sold a total of 860,414 shares of company stock worth $8,289,916 in the last three months. Company insiders own 21.60% of the company’s stock.
Institutional investors have recently made changes to their positions in the company. Teachers Advisors LLC acquired a new stake in shares of Recro Pharma during the second quarter worth $162,000. California State Teachers Retirement System acquired a new stake in shares of Recro Pharma during the second quarter worth $169,000. JPMorgan Chase & Co. raised its position in shares of Recro Pharma by 183.4% during the third quarter. JPMorgan Chase & Co. now owns 21,784 shares of the specialty pharmaceutical company’s stock worth $197,000 after purchasing an additional 14,098 shares during the period. Schwab Charles Investment Management Inc. acquired a new stake in shares of Recro Pharma during the second quarter worth $215,000. Finally, Wells Fargo & Company MN raised its position in shares of Recro Pharma by 42.5% during the third quarter. Wells Fargo & Company MN now owns 24,508 shares of the specialty pharmaceutical company’s stock worth $220,000 after purchasing an additional 7,308 shares during the period. 61.55% of the stock is currently owned by institutional investors.
Recro Pharma Company Profile
Recro Pharma, Inc is a clinical-stage specialty pharmaceutical company. The Company is engaged in developing products for hospitals and ambulatory care settings that is developing non-opioid products for treatment of serious acute pain. The Company’s lead product candidate is an injectable form of meloxicam.
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