United Therapeutics Corporation (NASDAQ:UTHR) – Equities researchers at Leerink Swann lifted their Q4 2017 earnings per share estimates for shares of United Therapeutics Corporation in a research report issued to clients and investors on Wednesday. Leerink Swann analyst J. Schwartz now anticipates that the biotechnology company will post earnings of $3.92 per share for the quarter, up from their prior estimate of $3.88.
A number of other equities research analysts also recently issued reports on UTHR. UBS AG reiterated a “sell” rating and issued a $106.00 price objective on shares of United Therapeutics Corporation in a research report on Thursday, July 6th. Zacks Investment Research downgraded United Therapeutics Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. ValuEngine upgraded United Therapeutics Corporation from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 13th. Jefferies Group LLC reiterated a “sell” rating and issued a $105.00 price objective on shares of United Therapeutics Corporation in a research report on Friday, July 14th. Finally, BidaskClub downgraded United Therapeutics Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $132.82.
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Shares of United Therapeutics Corporation (UTHR) traded down 1.76% during trading on Thursday, hitting $117.00. The stock had a trading volume of 161,746 shares. The firm’s 50 day moving average is $121.15 and its 200 day moving average is $125.71. United Therapeutics Corporation has a 1-year low of $112.01 and a 1-year high of $169.89. The company has a market cap of $5.08 billion, a PE ratio of 13.57 and a beta of 1.49.
United Therapeutics Corporation (NASDAQ:UTHR) last issued its quarterly earnings results on Wednesday, October 25th. The biotechnology company reported $6.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $4.01 by $2.26. United Therapeutics Corporation had a return on equity of 26.83% and a net margin of 30.50%. The company had revenue of $445.50 million for the quarter, compared to analyst estimates of $426.43 million. During the same quarter last year, the company posted $4.23 EPS. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year.
In other news, Director Christopher Causey sold 580 shares of the firm’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $134.48, for a total transaction of $77,998.40. Following the transaction, the director now directly owns 3,295 shares of the company’s stock, valued at $443,111.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Martine A. Rothblatt sold 2,176 shares of the firm’s stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of $127.11, for a total value of $276,591.36. Following the transaction, the chief executive officer now directly owns 3,245 shares in the company, valued at $412,471.95. The disclosure for this sale can be found here. Insiders have sold 18,368 shares of company stock worth $2,295,419 in the last 90 days. Company insiders own 7.80% of the company’s stock.
Large investors have recently made changes to their positions in the company. State of Wisconsin Investment Board bought a new position in shares of United Therapeutics Corporation during the second quarter valued at about $5,256,000. Comerica Bank grew its stake in shares of United Therapeutics Corporation by 1.3% during the second quarter. Comerica Bank now owns 35,249 shares of the biotechnology company’s stock valued at $4,635,000 after buying an additional 458 shares during the last quarter. River & Mercantile Asset Management LLP bought a new position in shares of United Therapeutics Corporation during the second quarter valued at about $908,000. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of United Therapeutics Corporation by 2.3% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 123,016 shares of the biotechnology company’s stock valued at $15,959,000 after buying an additional 2,762 shares during the last quarter. Finally, Captrust Financial Advisors bought a new position in shares of United Therapeutics Corporation during the second quarter valued at about $925,000.
About United Therapeutics Corporation
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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