Crispr Therapeutics AG (NASDAQ:CRSP) – Analysts at Oppenheimer issued their Q4 2019 earnings per share (EPS) estimates for Crispr Therapeutics in a research report issued on Tuesday, July 30th. Oppenheimer analyst S. Tuerkcan anticipates that the company will post earnings of ($1.09) per share for the quarter. Oppenheimer also issued estimates for Crispr Therapeutics’ FY2020 earnings at ($4.11) EPS, FY2021 earnings at ($4.19) EPS, FY2022 earnings at ($4.27) EPS and FY2023 earnings at ($1.17) EPS.
Crispr Therapeutics (NASDAQ:CRSP) last released its quarterly earnings results on Monday, July 29th. The company reported ($1.01) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.84). The firm had revenue of $0.32 million for the quarter, compared to the consensus estimate of $47.57 million. Crispr Therapeutics had a negative return on equity of 50.55% and a negative net margin of 15,136.56%. The firm’s revenue was down 70.8% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.82) EPS.
Crispr Therapeutics stock opened at $50.69 on Thursday. The business’s 50-day moving average price is $47.62. The company has a market capitalization of $2.72 billion, a price-to-earnings ratio of -14.74 and a beta of 3.11. The company has a quick ratio of 15.84, a current ratio of 15.84 and a debt-to-equity ratio of 0.08. Crispr Therapeutics has a one year low of $22.22 and a one year high of $59.00.
Large investors have recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC increased its position in Crispr Therapeutics by 71.4% in the first quarter. Valeo Financial Advisors LLC now owns 725 shares of the company’s stock worth $26,000 after buying an additional 302 shares during the last quarter. BNP Paribas Arbitrage SA acquired a new stake in Crispr Therapeutics in the second quarter worth about $41,000. Lenox Wealth Management Inc. lifted its holdings in Crispr Therapeutics by 1,731.7% in the first quarter. Lenox Wealth Management Inc. now owns 2,198 shares of the company’s stock worth $79,000 after purchasing an additional 2,078 shares during the period. Dubuque Bank & Trust Co. lifted its holdings in Crispr Therapeutics by 101.6% in the first quarter. Dubuque Bank & Trust Co. now owns 2,873 shares of the company’s stock worth $103,000 after purchasing an additional 1,448 shares during the period. Finally, Aperio Group LLC acquired a new stake in Crispr Therapeutics in the second quarter worth about $153,000. 48.92% of the stock is owned by institutional investors and hedge funds.
In related news, insider Lawrence Otto Klein sold 20,000 shares of the stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $50.02, for a total transaction of $1,000,400.00. Following the completion of the sale, the insider now directly owns 31,579 shares of the company’s stock, valued at $1,579,581.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Rodger Novak sold 50,000 shares of the stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $50.00, for a total value of $2,500,000.00. Following the sale, the president now directly owns 848,007 shares of the company’s stock, valued at $42,400,350. The disclosure for this sale can be found here. Insiders have sold 140,000 shares of company stock valued at $6,670,400 over the last ninety days. 21.40% of the stock is currently owned by company insiders.
Crispr Therapeutics Company Profile
CRISPR Therapeutics AG, a gene editing company, focuses on developing transformative gene-based medicines for the treatment of serious human diseases using its regularly interspaced short palindromic repeats associated protein-9 (CRISPR/Cas9) gene-editing platform in Switzerland. Its lead product candidate is CTX001, an ex vivo CRISPR gene-edited therapy for treating patients suffering from dependent beta thalassemia or severe sickle cell disease in which a patient's hematopoietic stem cells are engineered to produce high levels of fetal hemoglobin in red blood cells.
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