Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX – Free Report) – Research analysts at William Blair lowered their FY2025 earnings per share (EPS) estimates for Vertex Pharmaceuticals in a note issued to investors on Monday, July 14th. William Blair analyst M. Minter now anticipates that the pharmaceutical company will post earnings of $16.17 per share for the year, down from their previous forecast of $16.20. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Vertex Pharmaceuticals’ current full-year earnings is $15.63 per share. William Blair also issued estimates for Vertex Pharmaceuticals’ FY2026 earnings at $18.39 EPS.
Vertex Pharmaceuticals (NASDAQ:VRTX – Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The pharmaceutical company reported $4.06 earnings per share for the quarter, missing the consensus estimate of $4.29 by ($0.23). Vertex Pharmaceuticals had a negative return on equity of 3.36% and a negative net margin of 8.91%. The business had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.85 billion. During the same quarter in the prior year, the firm earned $4.76 EPS. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year.
Check Out Our Latest Research Report on Vertex Pharmaceuticals
Vertex Pharmaceuticals Stock Up 1.2%
VRTX stock opened at $469.55 on Wednesday. Vertex Pharmaceuticals has a 1-year low of $377.85 and a 1-year high of $519.88. The business has a fifty day moving average price of $448.13 and a 200-day moving average price of $461.63. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.65 and a quick ratio of 2.29. The stock has a market capitalization of $120.58 billion, a P/E ratio of -119.78 and a beta of 0.41.
Hedge Funds Weigh In On Vertex Pharmaceuticals
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VRTX. ORG Partners LLC lifted its stake in shares of Vertex Pharmaceuticals by 17.4% in the 2nd quarter. ORG Partners LLC now owns 250 shares of the pharmaceutical company’s stock valued at $113,000 after purchasing an additional 37 shares during the last quarter. Ipswich Investment Management Co. Inc. lifted its stake in shares of Vertex Pharmaceuticals by 1.6% in the 2nd quarter. Ipswich Investment Management Co. Inc. now owns 5,608 shares of the pharmaceutical company’s stock valued at $2,497,000 after purchasing an additional 90 shares during the last quarter. Vision Capital Management Inc. lifted its stake in shares of Vertex Pharmaceuticals by 4.7% in the 2nd quarter. Vision Capital Management Inc. now owns 6,872 shares of the pharmaceutical company’s stock valued at $3,059,000 after purchasing an additional 307 shares during the last quarter. American National Bank & Trust lifted its stake in shares of Vertex Pharmaceuticals by 515.4% in the 2nd quarter. American National Bank & Trust now owns 80 shares of the pharmaceutical company’s stock valued at $36,000 after purchasing an additional 67 shares during the last quarter. Finally, Banque Pictet & Cie SA lifted its stake in shares of Vertex Pharmaceuticals by 48.9% in the 2nd quarter. Banque Pictet & Cie SA now owns 16,937 shares of the pharmaceutical company’s stock valued at $7,540,000 after purchasing an additional 5,564 shares during the last quarter. 90.96% of the stock is owned by institutional investors.
About Vertex Pharmaceuticals
Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF). It markets TRIKAFTA/KAFTRIO for people with CF with at least one F508del mutation for 2 years of age or older; SYMDEKO/SYMKEVI for people with CF for 6 years of age or older; ORKAMBI for CF patients 1 year or older; and KALYDECO for the treatment of patients with 1 year or older who have CF with ivacaftor.
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