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What is Wedbush's Forecast for TSE:FRX FY2025 Earnings?

Fennec Pharmaceuticals logo with Medical background

Fennec Pharmaceuticals Inc. (TSE:FRX - Free Report) - Investment analysts at Wedbush dropped their FY2025 EPS estimates for shares of Fennec Pharmaceuticals in a report released on Thursday, November 7th. Wedbush analyst D. Nierengarten now forecasts that the biopharmaceutical company will post earnings per share of $0.07 for the year, down from their previous estimate of $0.08. The consensus estimate for Fennec Pharmaceuticals' current full-year earnings is $0.60 per share. Wedbush also issued estimates for Fennec Pharmaceuticals' FY2026 earnings at $3.12 EPS.

Fennec Pharmaceuticals (TSE:FRX - Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The biopharmaceutical company reported C($0.27) earnings per share for the quarter, missing analysts' consensus estimates of C$0.08 by C($0.35). Fennec Pharmaceuticals had a net margin of 5.59% and a negative return on equity of 1,005.59%. The company had revenue of C$9.94 million during the quarter, compared to the consensus estimate of C$18.67 million.

Fennec Pharmaceuticals Stock Down 4.7 %

Shares of FRX stock traded down C$0.28 during trading on Monday, reaching C$5.70. The company's stock had a trading volume of 1,219 shares, compared to its average volume of 1,851. The business has a fifty day moving average price of C$6.61 and a 200-day moving average price of C$8.37. The company has a quick ratio of 10.17, a current ratio of 8.02 and a debt-to-equity ratio of 1,040.68. The company has a market cap of C$155.95 million, a price-to-earnings ratio of 59.80 and a beta of 0.25. Fennec Pharmaceuticals has a one year low of C$5.70 and a one year high of C$15.43.

About Fennec Pharmaceuticals

(Get Free Report)

Fennec Pharmaceuticals Inc operates as a biopharmaceutical company in the United States. The company's product candidate includes PEDMARK, a formulation of sodium thiosulfate for the prevention of platinum-induced ototoxicity in pediatric cancer patients. It sells its products through regional pediatric oncology specialists and medical science liaisons.

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