Wall Street analysts predict that Immunic (NASDAQ:IMUX) will report ($0.80) earnings per share for the current quarter, Zacks reports. Zero analysts have provided estimates for Immunic’s earnings, with the highest EPS estimate coming in at ($0.73) and the lowest estimate coming in at ($0.86). Immunic reported earnings per share of ($1.52) in the same quarter last year, which would suggest a positive year over year growth rate of 47.4%. The firm is scheduled to announce its next quarterly earnings results on Thursday, August 13th.
On average, analysts expect that Immunic will report full year earnings of ($2.93) per share for the current year, with EPS estimates ranging from ($3.25) to ($2.67). For the next financial year, analysts forecast that the business will report earnings of ($3.62) per share, with EPS estimates ranging from ($4.53) to ($3.01). Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Immunic.
Immunic (NASDAQ:IMUX) last announced its earnings results on Friday, May 8th. The company reported ($0.79) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.96) by $0.17.
An institutional investor recently raised its position in Immunic stock. Wells Fargo & Company MN boosted its holdings in shares of Immunic (NASDAQ:IMUX) by 78.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,814 shares of the company’s stock after acquiring an additional 4,769 shares during the period. Wells Fargo & Company MN owned about 0.08% of Immunic worth $65,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 16.86% of the stock is currently owned by institutional investors.
Shares of IMUX traded up $0.70 during midday trading on Tuesday, hitting $12.69. The stock had a trading volume of 281,200 shares, compared to its average volume of 121,195. The stock’s 50 day moving average is $9.27 and its 200 day moving average is $8.23. The firm has a market cap of $153.39 million, a PE ratio of -3.44 and a beta of 3.15. Immunic has a 1 year low of $4.19 and a 1 year high of $19.05.
Immunic Company Profile
Immunic, Inc, a clinical-stage biopharmaceutical company developing a pipeline of selective oral immunology therapies for treating chronic inflammatory and autoimmune diseases, including ulcerative colitis, Crohn's disease, relapsing-remitting multiple sclerosis, and psoriasis. Its lead development program is IMU-838, a selective immune modulator that inhibits the intracellular metabolism of activated immune cells by blocking the enzyme DHODH, which is in phase II clinical development for treatment of ulcerative colitis and relapsing-remitting multiple sclerosis.
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