Brokerages forecast that ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) will post earnings per share (EPS) of ($0.11) for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for ZIOPHARM Oncology’s earnings, with the lowest EPS estimate coming in at ($0.14) and the highest estimate coming in at ($0.08). ZIOPHARM Oncology posted earnings of ($0.13) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 15.4%. The firm is expected to report its next earnings results on Thursday, March 7th.
On average, analysts expect that ZIOPHARM Oncology will report full year earnings of ($0.51) per share for the current fiscal year, with EPS estimates ranging from ($0.54) to ($0.49). For the next fiscal year, analysts anticipate that the business will report earnings of ($0.32) per share, with EPS estimates ranging from ($0.36) to ($0.26). Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for ZIOPHARM Oncology.
ZIOPHARM Oncology (NASDAQ:ZIOP) last announced its earnings results on Friday, November 9th. The biotechnology company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.02).
Institutional investors and hedge funds have recently bought and sold shares of the company. Marshall Wace LLP bought a new stake in shares of ZIOPHARM Oncology in the third quarter valued at approximately $115,000. Jane Street Group LLC bought a new stake in shares of ZIOPHARM Oncology in the third quarter valued at approximately $161,000. Raymond James & Associates boosted its position in shares of ZIOPHARM Oncology by 168.3% in the second quarter. Raymond James & Associates now owns 58,290 shares of the biotechnology company’s stock valued at $176,000 after acquiring an additional 36,568 shares during the period. MetLife Investment Advisors LLC boosted its position in shares of ZIOPHARM Oncology by 77.1% in the second quarter. MetLife Investment Advisors LLC now owns 65,990 shares of the biotechnology company’s stock valued at $199,000 after acquiring an additional 28,734 shares during the period. Finally, Belpointe Asset Management LLC bought a new stake in shares of ZIOPHARM Oncology in the third quarter valued at approximately $262,000. 40.07% of the stock is owned by institutional investors.
Shares of ZIOPHARM Oncology stock opened at $2.33 on Tuesday. The company has a market cap of $318.93 million, a price-to-earnings ratio of -4.40 and a beta of 2.39. ZIOPHARM Oncology has a 12-month low of $1.56 and a 12-month high of $5.24.
About ZIOPHARM Oncology
ZIOPHARM Oncology, Inc, a biotechnology company, focuses on acquiring, developing, and commercializing a portfolio of immuno-oncology therapies for treating heterogenous solid tumors and unknown antigens. The company develops two immuno-oncology platform technologies, including Controlled IL-12, which delivers interleukin 12 or IL-12, a master regular of the immune system, in a controlled and safe manner to focus the patient's immune system to cancer; and Sleeping Beauty (SB), which is based on the genetic engineering of T-cells using the (SB) system to rapidly reprogram T-cells outside of the body for infusion.
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