Wall Street analysts expect Advanced Accelerator Applications S.A. (NASDAQ:AAAP) to announce ($0.18) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Advanced Accelerator Applications’ earnings. The lowest EPS estimate is ($0.23) and the highest is ($0.13). Advanced Accelerator Applications also reported earnings of ($0.18) per share in the same quarter last year. The firm is scheduled to report its next quarterly earnings report on Monday, November 27th.
On average, analysts expect that Advanced Accelerator Applications will report full-year earnings of ($0.75) per share for the current year, with EPS estimates ranging from ($0.97) to ($0.53). For the next fiscal year, analysts forecast that the business will post earnings of $0.03 per share, with EPS estimates ranging from ($0.88) to $0.81. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for Advanced Accelerator Applications.
Advanced Accelerator Applications (NASDAQ:AAAP) last posted its quarterly earnings data on Thursday, August 31st. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.01). The firm had revenue of $40.14 million for the quarter, compared to analyst estimates of $36.74 million. Advanced Accelerator Applications had a negative return on equity of 16.05% and a negative net margin of 33.83%.
AAAP has been the topic of a number of analyst reports. Jefferies Group LLC reissued a “buy” rating and issued a $60.00 price target (up previously from $50.00) on shares of Advanced Accelerator Applications in a research note on Friday, September 1st. JMP Securities reissued an “outperform” rating and issued a $69.00 price target on shares of Advanced Accelerator Applications in a research note on Monday, October 2nd. Zacks Investment Research raised Advanced Accelerator Applications from a “hold” rating to a “buy” rating and set a $91.00 price target on the stock in a research note on Wednesday, November 1st. BidaskClub raised Advanced Accelerator Applications from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Finally, Canaccord Genuity set a $47.00 price target on Advanced Accelerator Applications and gave the company a “buy” rating in a research note on Thursday, July 27th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $63.40.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its position in shares of Advanced Accelerator Applications by 164.2% in the 3rd quarter. Wells Fargo & Company MN now owns 11,928 shares of the company’s stock valued at $807,000 after buying an additional 7,414 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of Advanced Accelerator Applications in the 3rd quarter valued at $388,000. ING Groep NV bought a new stake in shares of Advanced Accelerator Applications in the 3rd quarter valued at $1,636,000. Quantbot Technologies LP bought a new stake in shares of Advanced Accelerator Applications in the 3rd quarter valued at $204,000. Finally, Advisor Group Inc. increased its position in shares of Advanced Accelerator Applications by 123.7% in the 3rd quarter. Advisor Group Inc. now owns 1,528 shares of the company’s stock valued at $103,000 after buying an additional 845 shares in the last quarter. Institutional investors and hedge funds own 37.54% of the company’s stock.
Advanced Accelerator Applications (NASDAQ:AAAP) traded down $0.02 during mid-day trading on Friday, hitting $80.98. The stock had a trading volume of 322,400 shares, compared to its average volume of 1,366,095. Advanced Accelerator Applications has a one year low of $23.50 and a one year high of $81.50.
About Advanced Accelerator Applications
Advanced Accelerator Applications SA is a radiopharmaceutical company. The Company develops, produces and commercializes molecular nuclear medicine (MNM), diagnostic and therapeutic products. MNM uses trace amounts of radioactive compounds to create functional images of organs and lesions and to treat diseases, such as cancer.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Advanced Accelerator Applications S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Accelerator Applications S.A. and related companies with MarketBeat.com's FREE daily email newsletter.