HC Wainwright Issues Pessimistic Outlook for SGMO Earnings

Sangamo Therapeutics, Inc. (NASDAQ:SGMOFree Report) – HC Wainwright dropped their Q4 2025 earnings estimates for Sangamo Therapeutics in a report released on Monday, April 7th. HC Wainwright analyst P. Trucchio now expects that the biopharmaceutical company will earn $0.00 per share for the quarter, down from their previous estimate of $0.01. HC Wainwright currently has a “Buy” rating and a $10.00 target price on the stock. The consensus estimate for Sangamo Therapeutics’ current full-year earnings is ($0.46) per share. HC Wainwright also issued estimates for Sangamo Therapeutics’ FY2028 earnings at $0.15 EPS and FY2029 earnings at $0.38 EPS.

SGMO has been the subject of several other research reports. StockNews.com lowered Sangamo Therapeutics from a “buy” rating to a “hold” rating in a report on Tuesday, December 24th. Wells Fargo & Company reduced their target price on shares of Sangamo Therapeutics from $3.00 to $2.00 and set an “equal weight” rating for the company in a report on Tuesday, December 31st. Royal Bank of Canada restated a “sector perform” rating and set a $2.00 target price on shares of Sangamo Therapeutics in a research note on Tuesday, March 18th. Jefferies Financial Group reduced their price objective on shares of Sangamo Therapeutics from $7.00 to $3.00 and set a “buy” rating for the company in a research note on Tuesday, December 31st. Finally, Truist Financial decreased their price objective on shares of Sangamo Therapeutics from $7.00 to $5.00 and set a “buy” rating on the stock in a research report on Thursday, January 23rd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $5.17.

Check Out Our Latest Stock Report on Sangamo Therapeutics

Sangamo Therapeutics Stock Performance

SGMO opened at $0.70 on Wednesday. The company’s 50-day simple moving average is $0.94 and its two-hundred day simple moving average is $1.39. Sangamo Therapeutics has a 52-week low of $0.30 and a 52-week high of $3.18. The stock has a market capitalization of $157.00 million, a P/E ratio of -0.93 and a beta of 1.57.

Sangamo Therapeutics (NASDAQ:SGMOGet Free Report) last issued its quarterly earnings results on Monday, March 17th. The biopharmaceutical company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.02). The business had revenue of $7.55 million for the quarter, compared to analysts’ expectations of $11.70 million. Sangamo Therapeutics had a negative net margin of 257.87% and a negative return on equity of 264.16%.

Institutional Trading of Sangamo Therapeutics

Hedge funds have recently bought and sold shares of the stock. E Fund Management Co. Ltd. bought a new stake in shares of Sangamo Therapeutics in the fourth quarter worth about $25,000. JPMorgan Chase & Co. increased its stake in Sangamo Therapeutics by 679.5% in the 4th quarter. JPMorgan Chase & Co. now owns 25,000 shares of the biopharmaceutical company’s stock worth $26,000 after acquiring an additional 21,793 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Sangamo Therapeutics by 2,319.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 26,078 shares of the biopharmaceutical company’s stock valued at $27,000 after acquiring an additional 25,000 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Sangamo Therapeutics during the 4th quarter valued at approximately $28,000. Finally, Shelton Wealth Management LLC purchased a new position in shares of Sangamo Therapeutics in the fourth quarter valued at $29,000. Hedge funds and other institutional investors own 56.93% of the company’s stock.

Sangamo Therapeutics Company Profile

(Get Free Report)

Sangamo Therapeutics, Inc, a clinical-stage genomic medicine company, focuses on translating science into medicines that transform the lives of patients and families afflicted with serious diseases in the United States. The company's clinical-stage product candidates are ST-920, a gene therapy product candidate, which is in Phase 1/2 clinical study for the treatment of Fabry disease; TX200, a chimeric antigen receptor engineered regulatory T cell (CAR-Treg) therapy product candidate that is in Phase 1/2 clinical study for the prevention of immune-mediated rejection in HLA-A2 mismatched kidney transplantation; SB-525, a gene therapy product candidate, which is in Phase 3 clinical trial for the treatment of moderately severe to severe hemophilia A; BIVV003, a zinc finger nuclease gene-edited cell therapy product candidate that is in Phase 1/2 PRECIZN-1 clinical study for the treatment of sickle cell disease.

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Earnings History and Estimates for Sangamo Therapeutics (NASDAQ:SGMO)

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