What is HC Wainwright's Forecast for PLX Q1 Earnings?

Protalix BioTherapeutics logo with Medical background

Protalix BioTherapeutics, Inc. (NYSE:PLX - Free Report) - Equities research analysts at HC Wainwright issued their Q1 2025 EPS estimates for Protalix BioTherapeutics in a research report issued to clients and investors on Monday, February 3rd. HC Wainwright analyst R. Selvaraju expects that the company will earn $0.03 per share for the quarter. HC Wainwright currently has a "Buy" rating and a $15.00 target price on the stock. The consensus estimate for Protalix BioTherapeutics' current full-year earnings is $0.02 per share. HC Wainwright also issued estimates for Protalix BioTherapeutics' Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.05 EPS and Q4 2025 earnings at $0.06 EPS.

Separately, StockNews.com downgraded shares of Protalix BioTherapeutics from a "strong-buy" rating to a "buy" rating in a research report on Tuesday.

Get Our Latest Analysis on Protalix BioTherapeutics

Protalix BioTherapeutics Price Performance

Shares of PLX stock traded up $0.02 during mid-day trading on Tuesday, hitting $2.69. The stock had a trading volume of 914,329 shares, compared to its average volume of 727,310. The firm has a market cap of $198.06 million, a PE ratio of -20.69 and a beta of 0.75. The company's 50-day simple moving average is $2.03 and its 200-day simple moving average is $1.44. Protalix BioTherapeutics has a fifty-two week low of $0.82 and a fifty-two week high of $2.76.

Institutional Trading of Protalix BioTherapeutics

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Squarepoint Ops LLC boosted its stake in shares of Protalix BioTherapeutics by 673.3% during the 2nd quarter. Squarepoint Ops LLC now owns 137,764 shares of the company's stock worth $161,000 after acquiring an additional 119,949 shares in the last quarter. AQR Capital Management LLC acquired a new position in Protalix BioTherapeutics during the second quarter worth $67,000. Virtu Financial LLC purchased a new stake in Protalix BioTherapeutics during the third quarter worth $44,000. Sanctuary Advisors LLC acquired a new stake in Protalix BioTherapeutics in the third quarter valued at $38,000. Finally, XTX Topco Ltd purchased a new position in shares of Protalix BioTherapeutics in the third quarter valued at $36,000. Institutional investors and hedge funds own 16.53% of the company's stock.

About Protalix BioTherapeutics

(Get Free Report)

Protalix BioTherapeutics, Inc, a biopharmaceutical company, engages in the development, production, and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx plant cell-based protein expression system in the United States, Australia, Canada, Israel, Brazil, Russia, Turkey, and internationally.

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