HC Wainwright reaffirmed their buy rating on shares of Poseida Therapeutics (NASDAQ:PSTX – Free Report) in a report released on Tuesday, Benzinga reports. They currently have a $20.00 price target on the stock. HC Wainwright also issued estimates for Poseida Therapeutics’ Q3 2024 earnings at ($0.48) EPS, Q4 2024 earnings at ($0.51) EPS, FY2024 earnings at ($1.57) EPS, Q1 2025 earnings at ($0.56) EPS, Q2 2025 earnings at ($0.48) EPS, Q3 2025 earnings at ($0.50) EPS, Q4 2025 earnings at ($0.52) EPS and FY2025 earnings at ($2.05) EPS.
Poseida Therapeutics Trading Down 6.6 %
Shares of PSTX traded down $0.20 during mid-day trading on Tuesday, reaching $2.83. 400,912 shares of the company’s stock traded hands, compared to its average volume of 519,494. The stock has a market cap of $274.88 million, a P/E ratio of -2.38 and a beta of 0.53. The stock’s 50-day moving average is $3.05 and its two-hundred day moving average is $3.07. Poseida Therapeutics has a 12 month low of $1.83 and a 12 month high of $4.27. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.48 and a quick ratio of 2.56.
Poseida Therapeutics (NASDAQ:PSTX – Get Free Report) last released its earnings results on Monday, August 5th. The company reported ($0.32) EPS for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.11. The firm had revenue of $25.97 million for the quarter, compared to analysts’ expectations of $13.75 million. Poseida Therapeutics had a negative return on equity of 121.01% and a negative net margin of 127.48%. Research analysts forecast that Poseida Therapeutics will post -1.61 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Poseida Therapeutics Company Profile
Poseida Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on developing therapeutics for patients with high unmet medical needs. The company's development candidates for Heme Malignancies includes P-BCMA-ALLO1, which is in Phase I trial to treat patients with relapsed/refractory multiple myeloma; P-CD19CD20-ALLO1, which is in Phase I trial for treating B cell malignancies and other autoimmune diseases; P-BCMACD19-ALLO1, an allogeneic, off-the-shelf CAR-T product candidate in preclinical development for treating multiple myeloma; and P-CD70-ALLO1 under preclinical development to treat hematological indications.
Read More
- Five stocks we like better than Poseida Therapeutics
- What is Put Option Volume?
- Cassava Sciences: A Hot Stock to Trade, Invest, or Avoid?
- Why Are Stock Sectors Important to Successful Investing?
- MarketBeat Week in Review – 8/5 – 8/9
- Canada Bond Market Holiday: How to Invest and Trade
- The Cannabis Sector: Profitability Takes Center Stage
Receive News & Ratings for Poseida Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Poseida Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.