Emergent BioSolutions (NYSE:EBS) Stock Rating Lowered by StockNews.com

Emergent BioSolutions (NYSE:EBSGet Rating) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Several other analysts also recently weighed in on the company. Cantor Fitzgerald downgraded Emergent BioSolutions from an “overweight” rating to a “neutral” rating in a research note on Friday, April 29th. Zacks Investment Research upgraded Emergent BioSolutions from a “strong sell” rating to a “hold” rating and set a $45.00 target price for the company in a research note on Friday, February 18th. Cowen decreased their target price on Emergent BioSolutions from $40.00 to $30.00 in a research note on Friday, April 29th. Chardan Capital decreased their target price on Emergent BioSolutions from $75.00 to $65.00 in a research note on Friday, April 29th. Finally, Cowen decreased their target price on Emergent BioSolutions from $40.00 to $30.00 in a research note on Friday, April 29th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $48.57.

Shares of NYSE EBS opened at $31.47 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.81 and a current ratio of 4.42. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 10.81 and a beta of 0.98. The business’s 50-day simple moving average is $40.04 and its 200-day simple moving average is $42.92. Emergent BioSolutions has a 52 week low of $29.88 and a 52 week high of $68.03.

Emergent BioSolutions (NYSE:EBSGet Rating) last issued its quarterly earnings data on Thursday, April 28th. The biopharmaceutical company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The company had revenue of $307.50 million for the quarter, compared to analyst estimates of $282.54 million. Emergent BioSolutions had a net margin of 8.96% and a return on equity of 16.05%. The business’s revenue was down 10.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.53 EPS. As a group, equities research analysts forecast that Emergent BioSolutions will post 1.39 earnings per share for the current year.

Hedge funds have recently made changes to their positions in the business. Eaton Vance Management lifted its position in shares of Emergent BioSolutions by 39.8% in the 4th quarter. Eaton Vance Management now owns 2,745 shares of the biopharmaceutical company’s stock worth $25,000 after acquiring an additional 782 shares during the period. Cutler Group LP raised its holdings in shares of Emergent BioSolutions by 250.0% in the 1st quarter. Cutler Group LP now owns 700 shares of the biopharmaceutical company’s stock worth $28,000 after buying an additional 500 shares in the last quarter. Covestor Ltd acquired a new position in shares of Emergent BioSolutions in the 4th quarter worth approximately $49,000. Schroder Investment Management Group acquired a new position in shares of Emergent BioSolutions in the 4th quarter worth approximately $54,000. Finally, First Bank & Trust raised its holdings in shares of Emergent BioSolutions by 32.3% in the 4th quarter. First Bank & Trust now owns 1,850 shares of the biopharmaceutical company’s stock worth $81,000 after buying an additional 452 shares in the last quarter. Institutional investors own 86.02% of the company’s stock.

Emergent BioSolutions Company Profile (Get Rating)

Emergent BioSolutions Inc, a life sciences company, focuses on the provision of preparedness and response solutions that address accidental, deliberate, and naturally occurring public health threats (PHTs) in the United States. The company's products address PHTs, which include chemical, biological, radiological, nuclear, and explosives; emerging infectious diseases; travel health; and emerging health crises and acute/emergency care.

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Analyst Recommendations for Emergent BioSolutions (NYSE:EBS)

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