Zacks: Brokerages Anticipate MOTIF BIO PLC/S (MTFB) Will Announce Earnings of -$0.61 Per Share

Equities research analysts expect MOTIF BIO PLC/S (NASDAQ:MTFB) to post earnings per share of ($0.61) for the current fiscal quarter, according to Zacks. Zero analysts have made estimates for MOTIF BIO PLC/S’s earnings. The lowest EPS estimate is ($0.76) and the highest is ($0.45). The business is scheduled to announce its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that MOTIF BIO PLC/S will report full-year earnings of ($2.16) per share for the current fiscal year, with EPS estimates ranging from ($3.01) to ($1.06). For the next year, analysts expect that the company will post earnings of ($1.95) per share, with EPS estimates ranging from ($2.87) to ($0.10). Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow MOTIF BIO PLC/S.

A number of equities research analysts have recently commented on the company. HC Wainwright reaffirmed a “buy” rating and set a $32.00 price target on shares of MOTIF BIO PLC/S in a research report on Monday, June 11th. ValuEngine raised MOTIF BIO PLC/S from a “hold” rating to a “buy” rating in a research report on Tuesday, September 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $19.50.

Shares of NASDAQ MTFB traded up $0.15 during mid-day trading on Tuesday, reaching $8.61. 200 shares of the company’s stock were exchanged, compared to its average volume of 1,142. The firm has a market cap of $125.43 million, a P/E ratio of -45.32 and a beta of -0.02. The company has a debt-to-equity ratio of -1.58, a current ratio of 0.96 and a quick ratio of 0.96. MOTIF BIO PLC/S has a twelve month low of $7.90 and a twelve month high of $13.75.

MOTIF BIO PLC/S Company Profile

Motif Bio plc, a clinical stage biopharmaceutical company, develops and commercializes pharmaceutical formulations in the United States. The company develops novel antibiotics for the treatment of serious and life-threatening infections caused by multi-drug resistant bacteria. Its lead product candidate is iclaprim, a novel antibiotic that is in Phase III clinical trials to treat bacterial infections, such as acute bacterial skin and skin structure infections, and hospital-acquired bacterial pneumonia caused by methicillin-resistant staphylococcus aureus, as well as to treat lung infections caused by Staphylococcus aureus in patients with cystic fibrosis.

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