Esperion Therapeutics (NASDAQ:ESPR – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at HC Wainwright in a report released on Friday,Benzinga reports. They presently have a $16.00 price target on the biopharmaceutical company’s stock.
ESPR has been the subject of several other research reports. Needham & Company LLC dropped their price target on Esperion Therapeutics from $8.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, August 13th. StockNews.com upgraded Esperion Therapeutics from a “hold” rating to a “buy” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $8.17.
Read Our Latest Research Report on Esperion Therapeutics
Esperion Therapeutics Stock Down 1.9 %
Esperion Therapeutics (NASDAQ:ESPR – Get Free Report) last announced its earnings results on Monday, August 12th. The biopharmaceutical company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.10. The business had revenue of $73.83 million for the quarter, compared to analyst estimates of $51.90 million. As a group, equities analysts anticipate that Esperion Therapeutics will post -0.09 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. BOKF NA purchased a new stake in shares of Esperion Therapeutics in the second quarter valued at $26,000. Xponance Inc. acquired a new position in shares of Esperion Therapeutics during the 2nd quarter valued at about $28,000. CVI Holdings LLC purchased a new position in shares of Esperion Therapeutics during the 1st quarter worth about $37,000. Traphagen Investment Advisors LLC purchased a new position in shares of Esperion Therapeutics during the 3rd quarter worth about $27,000. Finally, State Board of Administration of Florida Retirement System purchased a new stake in Esperion Therapeutics in the first quarter valued at approximately $50,000. 47.39% of the stock is currently owned by institutional investors and hedge funds.
About Esperion Therapeutics
Esperion Therapeutics, Inc, a pharmaceutical company, develops and commercializes medicines for the treatment of patients with elevated low density lipoprotein cholesterol (LDL-C). Its marketed products include NEXLETOL (bempedoic acid) and NEXLIZET (bempedoic acid and ezetimibe) tablets that are oral, once-daily, non-statin medicines for the treatment of primary hyperlipidemia in adults with heterozygous familial hypercholesterolemia or atherosclerotic cardiovascular disease who require additional lowering of LDL-C.
Further Reading
- Five stocks we like better than Esperion Therapeutics
- There Are Different Types of Stock To Invest In
- The Top 5 Performing S&P 500 Stocks YTD in 2024
- Where Do I Find 52-Week Highs and Lows?
- L3Harris: Positioned for Gains With Trump’s Defense Policies
- What is a Dividend King?
- Is First Solar’s Earnings Drop a Golden Buying Opportunity?
Receive News & Ratings for Esperion Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Esperion Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.