Gilead 2017 hepatitis C sales forecast disappoints, shares drop
08 February, 2017, 00:55 | Author: Sam Montgomery
Many analysts are providing their Estimated Earnings analysis for Gilead Sciences Inc. and for the current quarter 23 analysts have projected that the stock could give an Average Earnings estimate of $2.61/share. Gilead Sciences makes up approx 0.06% of Vigilant Capital Management's portfolio. (NASDAQ:GILD) opened at 72.39 on Tuesday. The company is set at a mean analysts' recommendation of 2.20. Beacon Investment Advisory Services Inc. now owns 1,653,145 shares of the biopharmaceutical company's stock worth $1,379,000 after buying an additional 1,636,698 shares during the last quarter. The stock stands -1.21% below the average-price of 50 days and -0.46% compared with the SMA 20.
More analysts at Reuters have a buy or better ratings (17) on the Gilead Sciences Inc. stock than those who have a hold (12) rating while the 12-month target price suggested by the average analysts is $93.36.
HIV and other antiviral product sales for the fourth quarter of 2016 were $3.4 billion, compared to $3.0 billion for the same period in 2015. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 6.72. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. In Gilead Sciences, Inc. (NASDAQ:GILD)'s expected mean EPS was $3.02, the company reported its quarterly earnings per share of $3.03 on 7/25/2016 After Market Close, beating the analysts' consensus estimate by 0.01 with surprise factor of 0.33%. The company's distance from 52-week high price is -28.51% and current price is above +3.74% from 52-week low price. Following the release, the stock was initially down almost 4% at $70.38 in the after-hours trading session. Gilead reported $30 billion for the full year 2016. Investors and analysts will be looking for the company to next post earnings on or around 2017-02-07. Robert W. Baird reissued an "outperform" rating and set a $100.00 target price on shares of Gilead Sciences in a research note on Wednesday, December 21st. At present, the Gross Margin for Gilead Sciences Inc.
In related news, insider John C. Martin sold 73,337 shares of Gilead Sciences stock in a transaction that occurred on Tuesday, January 3rd. Post-earnings, GILD stock ranged between $87.8 and $92.53 after opening the day (04/29/2016) at $91.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John W. Madigan sold 105,000 shares of the business's stock in a transaction dated Friday, November 18th. Its Day High was -7.00% and Day Low showed 4.61%. The disclosure for this sale can be found here. The Stock now has a Weekly Volatility of 1.50% and Monthly Volatility of 1.60%. The Company focuses on the discovery, development and commercialization of medicines in areas of unmet medical need.
Also custom wallpapers , quick menu refresh , PlayStation Network social status updates, and 3D Blu-ray support for PSVR . Starting today, selected beta users will be able to get an early look at the most important additions of Firmware 4.50.
Detailed within the report, the domestic market was a "prime" source of new business, whilst exports reported a modest increase. Manufacturers have responded with an increase in selling prices, which may in turn begin to drive consumer price inflation.
In an interview with Fox News this weekend, Trump also maintained that he has "respect" for Russian President Vladimir Putin. McConnell and other GOP leaders agree there is voter fraud but not on the scale claimed by Trump.
For Hudson's Bay , which runs more than 480 stores around the world, buying Macy's would be a splashy way of expanding in the U.S. Department store sales suffered in the latest holiday season as shoppers increased the number of items they bought online.
Waymo touted the results of the report in a blog post authored by the company's head of self-driving technology, Dmitri Dolgov. Volkswagen and Honda , which both logged miles in 2015, both reported they had logged zero miles in their 2016 reports.
You are up in heaven without any pain. "A player like that was someone you could never underestimate, was always unsafe ". Others lauded Joost's fighting spirit, citing previous reports that the rugby player would likely succomb to ALS in 2016.
The visa waiver program allows citizens from 38 countries to enter the United States without a visa for up to 90 days. There's an exemption for immigrants and legal permanent residents whose entry is in the USA national interest.
He also laid out a rough timeline for the massive project, saying he hoped the wall would be completed within the next two years. When he got a cold call from the Trump transition team, Kelly and his wife had no reservations.
Tasmanian Greens Senator Nick McKim said Australians deserve to know the facts and trade-offs tied to the agreement. President Donald Trump's order temporarily barring refugees and nationals from seven countries.
Anwar Al-Awalki, a US-born cleric who directed attacks against the USA , was killed in a targeted drone strike in 2011. Yemeni security forces killed an Al-Qaeda leader in the province of Lahj during a raid on Tuesday, police said.
Business owner who claimed mom died because of ban lied
He believes his mother would have survived if she had been able to return to her home and seek treatment, Fox 2 said. He was allowed to pass, but his mother and family members, all green card holders , were denied access.
Amazon to move Prime Air cargo hub to Cincinnati
Matt Bevin played a key role in the deal by sitting in meetings with Amazon officials to craft a state incentive package. Amazon .com, Inc. has a lease agreement for 40 cargo planes. 2,000 of these jobs will be at the hub in Kentucky.
Go Red to support women's heart health during February
Indianapolis firefighters are expected to participate as well as past winners of the American Heart Association's "Real people". Volunteers knitted the red hats themselves and have delivered them to metropolitan hospitals for the babies to wear.