NuCana PLC (NCNA) Expected to Announce Earnings of -$0.26 Per Share

Analysts expect NuCana PLC (NASDAQ:NCNA) to announce ($0.26) earnings per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for NuCana’s earnings. The highest EPS estimate is ($0.23) and the lowest is ($0.28). The company is scheduled to report its next earnings report on Monday, January 1st.

Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for NuCana.

Separately, Cowen reiterated a “buy” rating on shares of NuCana in a research report on Wednesday, August 29th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $21.00.

Shares of NuCana stock traded up $0.29 on Wednesday, hitting $22.70. 736 shares of the company traded hands, compared to its average volume of 20,677. The stock has a market cap of $712.89 million and a P/E ratio of -21.04. NuCana has a 12-month low of $9.32 and a 12-month high of $32.00.

A number of large investors have recently modified their holdings of NCNA. Alps Advisors Inc. grew its holdings in NuCana by 8.2% in the 2nd quarter. Alps Advisors Inc. now owns 46,269 shares of the company’s stock worth $879,000 after acquiring an additional 3,508 shares during the last quarter. Asymmetry Capital Management L.P. grew its holdings in NuCana by 18.4% in the 2nd quarter. Asymmetry Capital Management L.P. now owns 47,872 shares of the company’s stock worth $910,000 after acquiring an additional 7,424 shares during the last quarter. Woodford Investment Management Ltd grew its holdings in NuCana by 27.3% in the 2nd quarter. Woodford Investment Management Ltd now owns 420,000 shares of the company’s stock worth $7,980,000 after acquiring an additional 90,000 shares during the last quarter. Baillie Gifford & Co. grew its holdings in NuCana by 16.6% in the 1st quarter. Baillie Gifford & Co. now owns 641,120 shares of the company’s stock worth $12,130,000 after acquiring an additional 91,120 shares during the last quarter. Finally, Sofinnova Ventures Inc bought a new stake in NuCana in the 1st quarter worth $88,293,000. Institutional investors own 24.42% of the company’s stock.

About NuCana

NuCana plc, a clinical-stage biopharmaceutical company, engages in the development of products for the treatment of cancer. It is developing Acelarin that is in Phase I clinical trials for the treatment of advanced metastatic solid tumors; Phase Ib clinical trials for the treatment of recurrent ovarian cancer; Phase II clinical trials for the treatment of patients with platinum-resistant ovarian cancer; and in Phase Ib clinical trials for the treatment of patients with biliary cancer.

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Earnings History and Estimates for NuCana (NASDAQ:NCNA)

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