Equities analysts expect that Aquestive Therapeutics Inc (NASDAQ:AQST) will post earnings of ($0.67) per share for the current quarter, Zacks reports. Two analysts have made estimates for Aquestive Therapeutics’ earnings, with estimates ranging from ($0.72) to ($0.61). Aquestive Therapeutics posted earnings per share of ($1.90) in the same quarter last year, which indicates a positive year-over-year growth rate of 64.7%. The firm is expected to announce its next earnings report on Tuesday, September 3rd.
According to Zacks, analysts expect that Aquestive Therapeutics will report full year earnings of ($2.57) per share for the current fiscal year, with EPS estimates ranging from ($2.88) to ($2.25). For the next fiscal year, analysts forecast that the firm will post earnings of ($1.73) per share, with EPS estimates ranging from ($1.87) to ($1.58). Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Aquestive Therapeutics.
Aquestive Therapeutics (NASDAQ:AQST) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.59) earnings per share for the quarter, missing the consensus estimate of ($0.49) by ($0.10). The company had revenue of $12.64 million during the quarter, compared to analyst estimates of $10.66 million.
Several hedge funds have recently added to or reduced their stakes in AQST. Vanguard Group Inc. bought a new stake in shares of Aquestive Therapeutics in the 3rd quarter valued at approximately $8,055,000. New York State Common Retirement Fund bought a new stake in shares of Aquestive Therapeutics in the 4th quarter valued at approximately $28,000. BlackRock Inc. grew its stake in shares of Aquestive Therapeutics by 36.1% in the 4th quarter. BlackRock Inc. now owns 641,800 shares of the company’s stock valued at $4,042,000 after purchasing an additional 170,396 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of Aquestive Therapeutics by 56.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 473,930 shares of the company’s stock valued at $2,986,000 after purchasing an additional 170,984 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of Aquestive Therapeutics in the 4th quarter valued at approximately $108,000. Institutional investors own 66.21% of the company’s stock.
AQST traded up $0.04 on Friday, hitting $4.13. 2,056 shares of the stock traded hands, compared to its average volume of 116,369. Aquestive Therapeutics has a 52 week low of $3.65 and a 52 week high of $20.70. The company has a quick ratio of 1.71, a current ratio of 1.89 and a debt-to-equity ratio of 4.23. The company has a market cap of $98.40 million and a price-to-earnings ratio of -1.48. The business has a fifty day moving average of $4.38.
Aquestive Therapeutics Company Profile
Aquestive Therapeutics, Inc, a specialty pharmaceutical company, focuses on identifying, developing, and commercializing various products to address unmet medical needs. The company markets Sympazan, an oral soluble film formulation of clobazam for the treatment of lennox-gastaut syndrome; Suboxone, a sublingual film formulation of buprenorphine and naloxone for the treatment of opioid dependence; and Zuplenz, an oral soluble film formulation of ondansetron for the treatment of nausea and vomiting associated with chemotherapy and post-operative recovery in the United States and internationally.
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