Economy

Novavax, Inc. (NVAX) Issues Earnings Results, Beats Estimates By $0.01 EPS

Taking a broader look brokerage firms' analysts on the street with an expectant view have Novavax Inc (NASDAQ:NVAX) high price target of $2 and with a conservative view have low price target of $1.1.

The stock is now showing YTD performance of -10.32 Percent.

Price to Sale ratio of the company stands at 16.08. Seaport Global Securities reaffirmed a "neutral" rating on shares of Novavax in a research report on Friday, October 6th. Piper Jaffray Companies reissued a "hold" rating and issued a $1.50 price objective on shares of Novavax in a research report on Wednesday, July 26th. Zacks Investment Research raised shares of Novavax from a "hold" rating to a "buy" rating and set a $1.25 price objective on the stock in a research report on Wednesday, August 16th. Finally, Chardan Capital reaffirmed a "neutral" rating and set a $1.50 price target on shares of Novavax in a research report on Thursday, July 27th.

In the most updated research from a number of analysts on Wall Street, the company gets 2 Buys and 0 Sell among 7 analysts. The stock presently has a consensus rating of "Hold" and an average price target of $2.92.

Novavax Inc (NASDAQ:NVAX) shares traded -0.88% down during most recent session to reach at the closing price of $1.12. The company has a debt-to-equity ratio of -5.37, a quick ratio of 3.54 and a current ratio of 3.54. Novavax has a fifty-two week low of $0.73 and a fifty-two week high of $1.78.

(NASDAQ:NVAX) to report earnings on Nov, 07 for the fiscal quarter ending Sep 2017. The company beat the analyst EPS Estimate with the difference of $0.02. Earnings, with 7 analysts believing the company would generate an Average Estimate of $-0.16.

Novavax, Inc. has a beta of 1.07, offering the possibility of a higher rate of return, but also posing more risk. Novavax's revenue was up 158.5% on a year-over-year basis.

They expect $-0.16 EPS, up 50% or $0.08 from last year's $-0.24 per share.

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Receive Novavax, Inc. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Novavax, Inc. with MarketBeat.com's FREE daily email newsletter. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. (NVAX). These ratios are important while doing valuation of the company or the shares of the company.

A number of large investors have recently added to or reduced their stakes in NVAX.

For the Current Quarter, the growth estimate for Novavax, Inc.is 33.3%, while for the Next Quarter the stock growth estimate is 28.6%. Raymond James Financial Services Advisors Inc. now owns 89,697 shares of the biopharmaceutical company's stock worth $103,000 after buying an additional 29,800 shares during the last quarter. BlackRock Fund Advisors is the second biggest holder with 14 million shares now valued at 15.15 million whilst Bellevue Asset Management AG has 8 million shares valued at 9.51 million.



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