Vapotherm (VAPO) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Vapotherm (NYSE:VAPO) announced its quarterly earnings results on Tuesday, May 7th. The company reported ($0.76) earnings per share for the quarter, beating the consensus estimate of ($0.79) by $0.03, Morningstar.com reports. The company had revenue of $12.30 million for the quarter, compared to analysts’ expectations of $11.90 million.

Shares of NYSE:VAPO opened at $17.48 on Friday. The company has a current ratio of 6.35, a quick ratio of 5.34 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $298.81 million and a PE ratio of -1.26. Vapotherm has a 1 year low of $14.70 and a 1 year high of $22.29.

VAPO has been the subject of several recent research reports. Zacks Investment Research upgraded Vapotherm from a “sell” rating to a “hold” rating in a research report on Saturday, May 11th. Canaccord Genuity boosted their price objective on Vapotherm from $22.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday, March 13th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $26.50.

Several large investors have recently modified their holdings of VAPO. American International Group Inc. acquired a new stake in shares of Vapotherm in the fourth quarter worth approximately $61,000. Advisor Group Inc. acquired a new position in Vapotherm during the first quarter worth $88,000. New York State Common Retirement Fund acquired a new position in Vapotherm during the fourth quarter worth $118,000. Deutsche Bank AG acquired a new position in Vapotherm during the fourth quarter worth $121,000. Finally, Barclays PLC acquired a new position in Vapotherm during the fourth quarter worth $142,000. 46.91% of the stock is currently owned by hedge funds and other institutional investors.

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Vapotherm Company Profile

Vapotherm, Inc, a medical technology company, focuses on the development and commercialization of proprietary Hi-VNI technology products used to treat patients of various ages suffering from respiratory distress worldwide. The company offers precision flow systems, such as Precision Flow Hi-VNI, Precision Flow Plus, Precision Flow Classic, and Precision Flow Heliox that use Hi-VNI technology to deliver heated, humidified, and oxygenated air at a high velocity to patients through a small-bore nasal interface.

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