Wall Street analysts predict that United Therapeutics Co. (NASDAQ:UTHR) will report $3.58 earnings per share for the current quarter, Zacks reports. Six analysts have provided estimates for United Therapeutics’ earnings, with the highest EPS estimate coming in at $3.93 and the lowest estimate coming in at $3.19. United Therapeutics reported earnings per share of $4.52 in the same quarter last year, which would suggest a negative year over year growth rate of 20.8%. The firm is scheduled to announce its next quarterly earnings results on Thursday, July 27th.
On average, analysts expect that United Therapeutics will report full year earnings of $14.00 per share for the current year, with EPS estimates ranging from $10.48 to $15.42. For the next financial year, analysts forecast that the business will report earnings of $11.75 per share, with EPS estimates ranging from $9.82 to $13.40. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for United Therapeutics.
United Therapeutics (NASDAQ:UTHR) last released its quarterly earnings results on Wednesday, April 26th. The biotechnology company reported $3.89 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.12 by $0.77. The business earned $370.50 million during the quarter, compared to analyst estimates of $399.59 million. United Therapeutics had a net margin of 44.40% and a return on equity of 41.78%. The company’s quarterly revenue was up .4% on a year-over-year basis. During the same period in the prior year, the firm posted $3.02 earnings per share.
Several equities research analysts recently weighed in on UTHR shares. Wedbush restated an “outperform” rating and set a $229.00 target price on shares of United Therapeutics in a research note on Thursday, January 5th. Zacks Investment Research upgraded United Therapeutics from a “hold” rating to a “buy” rating and set a $161.00 target price for the company in a research note on Friday, January 6th. Standpoint Research cut United Therapeutics from a “buy” rating to a “hold” rating in a research note on Thursday, January 19th. Oppenheimer Holdings Inc. restated a “buy” rating on shares of United Therapeutics in a research note on Tuesday, February 14th. Finally, Leerink Swann boosted their target price on United Therapeutics from $127.00 to $148.00 and gave the stock a “market perform” rating in a research note on Thursday, February 23rd. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $135.17.
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In other news, Director Tommy G. Thompson sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 22nd. The stock was sold at an average price of $139.37, for a total value of $278,740.00. Following the transaction, the director now owns 2,000 shares of the company’s stock, valued at $278,740. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Martine A. Rothblatt sold 1,173 shares of the business’s stock in a transaction that occurred on Thursday, February 16th. The shares were sold at an average price of $167.92, for a total value of $196,970.16. Following the completion of the transaction, the chief executive officer now directly owns 1,313 shares in the company, valued at approximately $220,478.96. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,494 shares of company stock valued at $2,125,240. 7.50% of the stock is owned by company insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in UTHR. Bridgewater Wealth & Financial Management LLC raised its position in United Therapeutics by 6.4% in the third quarter. Bridgewater Wealth & Financial Management LLC now owns 48,028 shares of the biotechnology company’s stock worth $5,671,000 after buying an additional 2,896 shares during the last quarter. First Trust Advisors LP raised its position in United Therapeutics by 92.8% in the third quarter. First Trust Advisors LP now owns 480,971 shares of the biotechnology company’s stock worth $56,793,000 after buying an additional 231,502 shares during the last quarter. Selway Asset Management raised its position in United Therapeutics by 399.3% in the third quarter. Selway Asset Management now owns 18,475 shares of the biotechnology company’s stock worth $2,182,000 after buying an additional 14,775 shares during the last quarter. APG Asset Management N.V. raised its position in United Therapeutics by 73.7% in the third quarter. APG Asset Management N.V. now owns 416,892 shares of the biotechnology company’s stock worth $49,227,000 after buying an additional 176,900 shares during the last quarter. Finally, Virginia Retirement Systems ET AL raised its position in United Therapeutics by 5.6% in the third quarter. Virginia Retirement Systems ET AL now owns 120,000 shares of the biotechnology company’s stock worth $14,170,000 after buying an additional 6,400 shares during the last quarter.
United Therapeutics (NASDAQ:UTHR) traded up 4.32% during trading on Thursday, hitting $125.70. 1,133,176 shares of the stock traded hands. The company has a market cap of $5.65 billion, a P/E ratio of 8.24 and a beta of 1.42. United Therapeutics has a 12 month low of $97.52 and a 12 month high of $169.89. The company’s 50 day moving average price is $130.94 and its 200 day moving average price is $137.89.
United Therapeutics Company Profile
United Therapeutics Corporation is a biotechnology company. The Company is focused on the development and commercialization of products for the treatment of chronic and life-threatening conditions. The Company markets and sells four commercial therapies in the United States to treat pulmonary arterial hypertension (PAH): Remodulin (treprostinil) Injection; Tyvaso (treprostinil) Inhalation Solution (Tyvaso); Orenitram (treprostinil) Extended-Release Tablets (Orenitram); and Adcirca (tadalafil) Tablets (Adcirca).
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