Oppenheimer Weighs in on Acasti Pharma Inc.’s FY2026 Earnings (NASDAQ:ACST)

Acasti Pharma Inc. (NASDAQ:ACSTGet Rating) – Equities researchers at Oppenheimer dropped their FY2026 earnings estimates for Acasti Pharma in a research report issued to clients and investors on Wednesday, June 22nd. Oppenheimer analyst L. Gershell now forecasts that the biopharmaceutical company will post earnings of $0.19 per share for the year, down from their previous estimate of $0.25. The consensus estimate for Acasti Pharma’s current full-year earnings is ($0.71) per share.

Separately, StockNews.com upgraded shares of Acasti Pharma to a “sell” rating in a research report on Monday, March 14th.

Shares of Acasti Pharma stock opened at $0.93 on Thursday. The company’s 50-day moving average price is $0.99 and its two-hundred day moving average price is $1.13. Acasti Pharma has a 52 week low of $0.82 and a 52 week high of $5.11. The stock has a market cap of $41.25 million, a PE ratio of -5.17 and a beta of 1.80.

An institutional investor recently bought a new position in Acasti Pharma stock. Two Sigma Securities LLC purchased a new position in Acasti Pharma Inc. (NASDAQ:ACSTGet Rating) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 13,370 shares of the biopharmaceutical company’s stock, valued at approximately $27,000. Two Sigma Securities LLC owned approximately 0.05% of Acasti Pharma at the end of the most recent quarter. 0.46% of the stock is currently owned by hedge funds and other institutional investors.

Acasti Pharma Company Profile (Get Rating)

Acasti Pharma Inc, a biopharmaceutical company, engages in the development and commercialization of pharmaceutical products for cardiovascular diseases. It is evaluating strategic partnerships for the clinical development of CaPre, an omega-3 phospholipid therapeutic to treat patients with hypertriglyceridemia.

Further Reading

Earnings History and Estimates for Acasti Pharma (NASDAQ:ACST)

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