Antares Pharma (NASDAQ:ATRS)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Tuesday, AR Network reports. They currently have a $6.00 price target on the stock, up from their previous price target of $5.00. Jefferies Group’s target price would suggest a potential upside of 37.61% from the stock’s previous close.
Antares Pharma (NASDAQ:ATRS) opened at 4.3599 on Tuesday. Antares Pharma has a 1-year low of $3.35 and a 1-year high of $4.72. The stock has a 50-day moving average of $4.30 and a 200-day moving average of $4.11. The company’s market cap is $554.4 million.
Antares Pharma (NASDAQ:ATRS) last released its earnings data on Wednesday, August 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.01. The company had revenue of $5.84 million for the quarter, compared to the consensus estimate of $5.82 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The company’s revenue for the quarter was up 28.9% on a year-over-year basis. On average, analysts predict that Antares Pharma will post $-0.15 earnings per share for the current fiscal year.
Separately, analysts at Ladenburg Thalmann raised their price target on shares of Antares Pharma from $5.00 to $5.75 in a research note to investors on Thursday, August 8th. They now have a “buy” rating on the stock.
Antares Pharma, Inc (NASDAQ:ATRS) is a pharma company that focuses on self-injection pharmaceutical products and technologies and topical gel-based products.
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