Celldex Therapeutics, Inc. (CLDX) Receives $8.08 Consensus Target Price from Analysts

Zacks Investment Research lowered Celldex Therapeutics from a "buy" rating to a "sell" rating in a report on Monday, July 17th. Celldex Therapeutics had 22 analyst reports since August 11, 2015 according to SRatingsIntel. The portion of a company's profit allocated to each outstanding share of common stock was $2.9 a share in the trailing twelve months. The company was downgraded on Monday, March 7 by Leerink Swann. The analysts estimated sales for the higher end at 1.6 million while the year ago reported sale was 0.5 million. For the next year, analysts expect that the firm will report sales of $13.04 million per share, with estimates ranging from $100,000.00 to $33.32 million. (NASDAQ:CLDX) is performing -27.68%. Its up 1.26% from 13.01M shares, reported previously. Raymond James Financial Services Advisors boosted its stake in stocks of Celldex Therapeutics by 26.2% through out the 1st period. The company had revenue of $3.83 million during the quarter, compared to analysts' expectations of $1.21 million. The biopharmaceutical company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.05.

Valuation Ratios of Celldex Therapeutics, Inc. HC Wainwright fixed a $10.00 price objective on Celldex Therapeutics and issued the company a "buy" recommendation in a analysis note on early Wed, Aug 9th. Finally, Aegis reaffirmed a "buy" rating on shares of Celldex Therapeutics in a report on Thursday, June 29th. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $8.08. ValuEngine lowered Celldex Therapeutics from a "sell" recommendation to a "strong sell" recommendation in a analysis note on Friday morning, Sep 1st.

Several hedge funds have recently bought and sold shares of the company. Cowen & Co maintained Celldex Therapeutics, Inc.

Achillion Pharmaceuticals, Inc. has a consensus outperform rating from 8 Wall Street analysts, and the number of shares now sold short amount to at least 7.08% of shares outstanding. Meditor Group Ltd lifted its holdings in Celldex Therapeutics by 39.9% in the 2nd quarter. For the full year, analysts expect earnings to decline -25% yoy to $1.95. The stock stands almost $16.53 off versus the 52-week high of $36.83 and $4.3 above the 52-week low of $16. Northern Trust Corp now owns 2,020,797 shares of the biopharmaceutical company's stock worth $4,992,000 after purchasing an additional 219,661 shares in the last quarter. BB&T Securities LLC acquired a new stake in shares of Celldex Therapeutics during the second quarter worth about $117,000. American International Group has an ownership of 58,838 stocks of the biopharmaceutical firms shares valued $212,000 following purchasing an extra 3,880 shares through out the previous quarter, Parametric Portfolio Associates boosted its stake in stocks of Celldex Therapeutics by 2.2% through out the 1st period.

Shares of Celldex Therapeutics (NASDAQ CLDX) traded up 0.39% during mid-day trading on Wednesday, reaching $2.57. 1,544,292 shares of the company's stock traded hands. The share price has moved backward from its 20 days moving average, trading at a distance of -24.38% and stays -21.13% away from its 50 days moving average. The market capitalization of the company is at $323.49 Million. The stock stands almost -49% off versus the 52-week high and 16.36% away from the 52-week low.

Like this


21 September 2017
Pakistan XI to play UK Media XI in Miranshah
Major General Asif Ghafoor, the Director General of ISPR, had announced the match via Twitter on Wednesday. He added, "The match is sending a message to the entire world that Pakistan is a peaceful country".

21 September 2017
Irish PM set to meet Guy Verhofstadt in Dublin
Speaking to the Press Association in Belfast, Mr Verhofstadt said a "unique solution" was needed to avoid a hard border. UUP leader Robin Swann said the lack of a Stormont executive was harming the region at a crucial time.

21 September 2017
18-Year-Old Arrested For Murder of Another Teen
Police previously said Williams was meeting another teen at the park when he was shot three times in the stomach Sunday night. Sunday evening when someone approached the auto and shot Williams multiple times in the chest.

21 September 2017
AAR Corp. (AIR) Holdings Lifted by Chicago Equity Partners LLC
The company's shares were given away at $37.28 per share worth to an income of some $1,610,496 on account of Romenesko Timothy J. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink .

21 September 2017
United Nations is failing the world, Theresa May tells global leaders
The Prime Minister told the UN General Assembly in NY the organisation must change in order to "meet the challenges of the 21st century".

21 September 2017
Ric Flair talks his recent health scare, battle with alcoholism
His fiancee, Wendy Barlow , said the 68-year-old wrestling legend was dealing with multiple organ problems. He was placed into a medically induced coma shortly after that and was rushed into surgery.

21 September 2017
Sporting Kansas City wins fourth US Open Cup in six years
The Red Bulls' Michael Murillo had just won a free kick, but Kansas City quickly cleared and went on the counter-attack. Because of that, Marsch immediately placed an added emphasis on this tournament when he was hired three years ago.

21 September 2017
NVIDIA Corporation (NASDAQ:NVDA) Closed Significantly Above Its 50 Day Moving Average
Great Lakes Advsr Ltd Liability Corp invested in 0.12% or 41,367 shares. 459,569 were reported by Hsbc Hldg Public Limited Co. Vanguard Group Inc. owned 6.77% of NVIDIA Corporation worth $5,819,579,000 at the end of the most recent reporting period.

21 September 2017
Japan's central bank stands pat on monetary policy
The vote wasn't unanimous, though - it was 8-1 for maintaining a -0.1% interest rate on excess reserves, with new board member Goushi Kataoka as the sole dissenter.

21 September 2017
Former US Attorney Preet Bharara Joining CNN
A short time later, Trump's Justice Department told all 46 Obama-appointed federal prosecutors to submit their resignations. It appears CNN is trying to beef up its coverage of President Trump's many legal troubles.