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EyePoint Pharmaceuticals (EYPT) to Release Quarterly Earnings on Wednesday

EyePoint Pharmaceuticals logo with Medical background
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EyePoint Pharmaceuticals (NASDAQ:EYPT - Get Free Report) is projected to announce its earnings results before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of ($0.54) per share and revenue of $11.02 million for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

EyePoint Pharmaceuticals Stock Up 0.6 %

Shares of EYPT traded up $0.04 during mid-day trading on Friday, reaching $6.27. The company had a trading volume of 640,091 shares, compared to its average volume of 848,287. The stock has a market capitalization of $427.93 million, a P/E ratio of -3.14 and a beta of 1.51. The stock has a 50 day moving average of $7.34 and a two-hundred day moving average of $8.51. EyePoint Pharmaceuticals has a 52-week low of $5.78 and a 52-week high of $28.79.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Citigroup initiated coverage on EyePoint Pharmaceuticals in a research report on Tuesday, January 7th. They set a "buy" rating and a $33.00 target price on the stock. HC Wainwright reiterated a "buy" rating and set a $22.00 target price on shares of EyePoint Pharmaceuticals in a research report on Thursday, December 5th. Chardan Capital reissued a "buy" rating and issued a $33.00 price target on shares of EyePoint Pharmaceuticals in a report on Thursday, February 6th. Finally, Robert W. Baird decreased their price objective on shares of EyePoint Pharmaceuticals from $38.00 to $33.00 and set an "outperform" rating on the stock in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $26.63.

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View Our Latest Research Report on EyePoint Pharmaceuticals

EyePoint Pharmaceuticals Company Profile

(Get Free Report)

EyePoint Pharmaceuticals, Inc, a clinical-stage biopharmaceutical company, engages in developing and commercializing therapeutics to improve the lives of patients with serious retinal diseases. The company's pipeline leverages its proprietary bioerodible Durasert E technology for sustained intraocular drug delivery.

Further Reading

Earnings History for EyePoint Pharmaceuticals (NASDAQ:EYPT)

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