Economy

How Are Novavax, Inc. (NVAX) Earnings Expectations Changing For Q3 2017?

Alliancebernstein L.P. owned 0.15% of Novavax worth $490,000 as of its most recent filing with the Securities and Exchange Commission. The number of shares now owned by investors are 291.58 mln.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Northern Trust Corp lifted its position in Novavax by 2.8% in the 2nd quarter. The shares were acquired at an average cost of $1.61 per share, for a total transaction of $48,300.00.

Novavax Inc (NASDAQ:NVAX) as of recent trade, has shown weekly upbeat performance of 10.78% which was maintained at -1.74% in 1-month period. Profund Advisors LLC now owns 120,775 shares of the biopharmaceutical company's stock valued at $139,000 after purchasing an additional 455 shares during the last quarter. Nationwide Fund Advisors lifted its holdings in shares of Novavax by 555.1% during the 2nd quarter. American International Group Inc. now owns 166,252 shares of the biopharmaceutical company's stock valued at $213,000 after buying an additional 10,965 shares during the period. Finally, Geode Capital Management LLC grew its stake in Novavax by 18.3% in the 1st quarter. TIAA CREF Investment Management LLC now owns 892,939 shares of the biopharmaceutical company's stock valued at $1,027,000 after buying an additional 32,092 shares during the period.

A number of research analysts have issued reports on NVAX shares. Citigroup Inc. raised Novavax from a "neutral" rating to a "buy" rating and set a $2.00 price target on the stock in a report on Tuesday, October 31st.

The analysts offering 12 month price targets for Novavax, Inc. have a median target of $1.6, with a high estimate of $2 and a low estimate of $1.5. Ladenburg Thalmann Financial Services raised Novavax from a "neutral" rating to a "buy" rating and set a $1.60 price target on the stock in a report on Wednesday, August 9th.

Watching some historical volatility numbers on shares of Novavax, Inc. The count of Hold ratings in that period was 0. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company's stock. Novavax has an average rating of "Hold" and an average price target of $2.92. Following the completion of the transaction, the senior vice president now directly owns 85,564 shares of the company's stock, valued at $185,673.88. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 4.00% of the company's stock.

COPYRIGHT VIOLATION NOTICE: "Alliancebernstein L.P. Raises Position in Novavax, Inc". Typically, a stock scoring an 8 or 9 would be seen as strong. If you are viewing this piece on another website, it was stolen and reposted in violation of USA and worldwide copyright laws. Novavax Inc (NASDAQ:NVAX) has trailing twelve month Return on Assets of -53.9%, which is key indicator of how profitable a company is relative to its total assets.

Novavax, Inc is a clinical-stage vaccine company focused on the discovery, development and commercialization of recombinant nanoparticle vaccines and adjuvants. (NasdaqGS:NVAX). The firm now has a P/CF ratio of -1.667694. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 99. The stock stands almost -35.96% off versus the 52-week high and 56.16% away from the 52-week low.

Novavax (NASDAQ:NVAX) last posted its quarterly earnings data on Tuesday, August 8th. A month ago, analyst EPS consensus estimated earnings of US$-0.16 per share. The business had revenue of $3.20 million for the quarter, compared to the consensus estimate of $4.02 million. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative. The company's revenue was up 168.0% on a year-over-year basis. Novavax Inc (NVAX)'s Williams Percent Range or 14 day Williams %R now sits at -19.05.



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