Wall Street analysts expect that Pluristem Therapeutics Inc. (NASDAQ:PSTI) will report earnings per share of ($0.09) for the current quarter, Zacks reports. Zero analysts have provided estimates for Pluristem Therapeutics’ earnings. The lowest EPS estimate is ($0.09) and the highest is ($0.08). Pluristem Therapeutics also posted earnings of ($0.09) per share in the same quarter last year. The business is expected to issue its next earnings report on Monday, May 14th.
According to Zacks, analysts expect that Pluristem Therapeutics will report full year earnings of ($0.34) per share for the current year, with EPS estimates ranging from ($0.34) to ($0.33). For the next year, analysts forecast that the business will report earnings of ($0.31) per share. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Pluristem Therapeutics.
PSTI has been the topic of a number of analyst reports. Zacks Investment Research raised Pluristem Therapeutics from a “hold” rating to a “buy” rating and set a $1.75 price objective on the stock in a report on Thursday, March 15th. Maxim Group set a $3.00 price objective on Pluristem Therapeutics and gave the company a “buy” rating in a report on Wednesday, February 21st. Finally, HC Wainwright set a $4.00 price objective on Pluristem Therapeutics and gave the company a “buy” rating in a report on Tuesday, January 16th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. Pluristem Therapeutics presently has an average rating of “Hold” and a consensus price target of $3.38.
Hedge funds have recently made changes to their positions in the business. Jane Street Group LLC increased its stake in shares of Pluristem Therapeutics by 15.0% in the 3rd quarter. Jane Street Group LLC now owns 266,043 shares of the biotechnology company’s stock valued at $402,000 after buying an additional 34,742 shares during the period. ARK Investment Management LLC boosted its position in shares of Pluristem Therapeutics by 363.5% in the 4th quarter. ARK Investment Management LLC now owns 290,922 shares of the biotechnology company’s stock worth $401,000 after purchasing an additional 228,149 shares during the last quarter. Finally, Meitav Dash Investments Ltd. bought a new position in shares of Pluristem Therapeutics in the 4th quarter worth $138,000. Institutional investors own 4.17% of the company’s stock.
PSTI stock traded down $0.04 during mid-day trading on Tuesday, hitting $1.20. The stock had a trading volume of 103,248 shares, compared to its average volume of 335,845. Pluristem Therapeutics has a 1-year low of $1.06 and a 1-year high of $2.12. The firm has a market cap of $133.04, a P/E ratio of -3.75 and a beta of 0.28.
Pluristem Therapeutics Company Profile
Pluristem Therapeutics Inc, together with its subsidiary, Pluristem Ltd., operates as a bio-therapeutics company in Israel. It focuses on the research, development, clinical trial, and manufacture of cell therapeutic products and related technologies for the treatment of various ischemic, inflammatory, and hematologic conditions, as well as autoimmune disorders.
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