What is Zacks Research’s Forecast for QNRX FY2026 Earnings?

Quoin Pharmaceuticals, Ltd. Sponsored ADR (NASDAQ:QNRXFree Report) – Equities researchers at Zacks Research lowered their FY2026 earnings per share estimates for Quoin Pharmaceuticals in a research report issued on Thursday, August 27th. Zacks Research analyst M. Marin now forecasts that the company will earn ($7.45) per share for the year, down from their prior estimate of ($7.38). The consensus estimate for Quoin Pharmaceuticals’ current full-year earnings is ($7.38) per share.

A number of other analysts have also recently weighed in on QNRX. ThinkEquity began coverage on shares of Quoin Pharmaceuticals in a report on Monday, June 15th. They issued a “buy” rating on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Quoin Pharmaceuticals in a report on Monday, July 20th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

View Our Latest Stock Report on QNRX

Quoin Pharmaceuticals Stock Performance

Shares of QNRX stock opened at $6.51 on Wednesday. The stock has a 50 day moving average price of $4.77 and a 200 day moving average price of $5.89. The firm has a market capitalization of $13.09 million, a P/E ratio of -0.26 and a beta of 1.50. Quoin Pharmaceuticals has a 52-week low of $3.25 and a 52-week high of $41.80.

Quoin Pharmaceuticals (NASDAQ:QNRXGet Free Report) last announced its earnings results on Friday, August 14th. The company reported ($1.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.61) by ($0.29).

Insider Transactions at Quoin Pharmaceuticals

In other Quoin Pharmaceuticals news, Director Anthony James Culverwell bought 6,146 shares of the stock in a transaction on Monday, August 31st. The shares were bought at an average price of $4.88 per share, with a total value of $29,992.48. Following the purchase, the director directly owned 40,364 shares in the company, valued at $196,976.32. This trade represents a 17.96% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Michael Myers purchased 20,490 shares of the stock in a transaction dated Monday, August 31st. The shares were purchased at an average cost of $4.88 per share, for a total transaction of $99,991.20. Following the transaction, the chief executive officer owned 37,713 shares in the company, valued at approximately $184,039.44. The trade was a 118.97% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 57,370 shares of company stock valued at $279,966 in the last 90 days. Corporate insiders own 11.17% of the company’s stock.

Institutional Investors Weigh In On Quoin Pharmaceuticals

Several institutional investors have recently added to or reduced their stakes in the business. Simplify Asset Management Inc. acquired a new stake in Quoin Pharmaceuticals during the 4th quarter worth $252,000. SummitTX Capital L.P. boosted its stake in shares of Quoin Pharmaceuticals by 54.8% during the first quarter. SummitTX Capital L.P. now owns 100,300 shares of the company’s stock worth $662,000 after buying an additional 35,505 shares during the period. ADAR1 Capital Management LLC purchased a new position in shares of Quoin Pharmaceuticals during the fourth quarter worth about $840,000. Boothbay Fund Management LLC purchased a new position in shares of Quoin Pharmaceuticals in the 4th quarter valued at approximately $863,000. Finally, Millennium Management LLC purchased a new position in Quoin Pharmaceuticals during the 4th quarter worth $1,080,000. Hedge funds and other institutional investors own 8.63% of the company’s stock.

About Quoin Pharmaceuticals

(Get Free Report)

Quoin Pharmaceuticals, Ltd., a clinical stage specialty pharmaceutical company, focuses on the development and commercialization of therapeutic products for rare and orphan diseases. Its lead product is QRX003, a topical lotion to treat Netherton Syndrome (NS). The company is also developing QRX004 for the treatment of recessive dystrophic epidermolysis bullosa; QRX007 to treat NS; and QRX008 for the treatment of scleroderma. It has a research agreement with Queensland University of Technology; a license agreement with Skinvisible Inc; consulting agreements with Axella Research LLC; and a Master Service Agreement with Therapeutics Inc The company was founded in 2018 and is based in Ashburn, Virginia.

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