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HC Wainwright Issues Pessimistic Estimate for MIST Earnings

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Milestone Pharmaceuticals Inc. (NASDAQ:MIST - Free Report) - Stock analysts at HC Wainwright lowered their FY2028 earnings per share estimates for shares of Milestone Pharmaceuticals in a research note issued to investors on Monday, March 17th. HC Wainwright analyst P. Trucchio now forecasts that the company will post earnings per share of $0.43 for the year, down from their prior forecast of $0.46. HC Wainwright has a "Buy" rating and a $25.00 price objective on the stock. The consensus estimate for Milestone Pharmaceuticals' current full-year earnings is ($0.62) per share. HC Wainwright also issued estimates for Milestone Pharmaceuticals' FY2029 earnings at $1.81 EPS.

Milestone Pharmaceuticals Price Performance

Shares of Milestone Pharmaceuticals stock traded down $0.05 on Wednesday, reaching $1.90. 2,242,755 shares of the stock were exchanged, compared to its average volume of 452,640. The company has a debt-to-equity ratio of 2.18, a quick ratio of 15.40 and a current ratio of 15.40. The firm has a market cap of $101.37 million, a PE ratio of -2.35 and a beta of 1.83. The firm's 50 day moving average is $2.01 and its 200-day moving average is $1.82. Milestone Pharmaceuticals has a one year low of $1.12 and a one year high of $2.75.

Institutional Investors Weigh In On Milestone Pharmaceuticals

A number of large investors have recently modified their holdings of the business. Atria Investments Inc grew its position in Milestone Pharmaceuticals by 44.4% in the third quarter. Atria Investments Inc now owns 40,421 shares of the company's stock valued at $61,000 after acquiring an additional 12,430 shares during the last quarter. PVG Asset Management Corp acquired a new position in Milestone Pharmaceuticals during the 3rd quarter worth approximately $46,000. Jones Financial Companies Lllp lifted its stake in Milestone Pharmaceuticals by 1,000.0% in the 4th quarter. Jones Financial Companies Lllp now owns 11,000 shares of the company's stock valued at $26,000 after purchasing an additional 10,000 shares during the last quarter. Virtu Financial LLC acquired a new stake in Milestone Pharmaceuticals in the fourth quarter valued at approximately $170,000. Finally, National Bank of Canada FI grew its stake in shares of Milestone Pharmaceuticals by 163.4% during the fourth quarter. National Bank of Canada FI now owns 18,700 shares of the company's stock worth $44,000 after buying an additional 11,600 shares during the last quarter. Institutional investors and hedge funds own 86.18% of the company's stock.

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About Milestone Pharmaceuticals

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Milestone Pharmaceuticals Inc, a biopharmaceutical company, focuses on the development and commercialization of cardiovascular medicines. The company's lead product candidate is etripamil, a novel and potent calcium channel blocker, which is in Phase III clinical trial for the treatment of paroxysmal supraventricular tachycardia in the United States and Canada; and Phase II clinical trial for the treatment of atrial fibrillation and rapid ventricular rate.

See Also

Earnings History and Estimates for Milestone Pharmaceuticals (NASDAQ:MIST)

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