Sucampo Pharmaceuticals (SCMP) Now Covered by Instinet

Research analysts at Instinet assumed coverage on shares of Sucampo Pharmaceuticals (NASDAQ:SCMP) in a report issued on Tuesday. The brokerage set a “buy” rating and a $43.00 price target on the biopharmaceutical company’s stock. Instinet’s price target would suggest a potential upside of 156.72% from the company’s current price.

Several other equities analysts also recently commented on the stock. Nomura began coverage on shares of Sucampo Pharmaceuticals in a report on Monday. They issued a “buy” rating and a $43.00 price objective on the stock. BidaskClub upgraded shares of Sucampo Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a report on Tuesday, December 12th. Mizuho upped their price target on shares of Sucampo Pharmaceuticals from $12.00 to $14.00 and gave the company a “neutral” rating in a research note on Friday, December 8th. ValuEngine upgraded shares of Sucampo Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 7th. Finally, Maxim Group set a $23.00 price target on shares of Sucampo Pharmaceuticals and gave the company a “buy” rating in a research note on Thursday, December 7th. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $21.00.

Sucampo Pharmaceuticals (NASDAQ SCMP) opened at $16.75 on Tuesday. Sucampo Pharmaceuticals has a fifty-two week low of $9.30 and a fifty-two week high of $17.70. The company has a market cap of $792.81, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 5.06 and a beta of 1.47. The company has a debt-to-equity ratio of 7.37, a current ratio of 5.11 and a quick ratio of 4.46.

Sucampo Pharmaceuticals (NASDAQ:SCMP) last released its quarterly earnings data on Wednesday, November 1st. The biopharmaceutical company reported $0.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. Sucampo Pharmaceuticals had a negative net margin of 60.24% and a positive return on equity of 74.58%. The firm had revenue of $61.27 million for the quarter, compared to the consensus estimate of $58.05 million. During the same period in the previous year, the company earned $0.30 earnings per share. The company’s quarterly revenue was up 5.9% on a year-over-year basis. equities research analysts predict that Sucampo Pharmaceuticals will post 1.12 EPS for the current year.

In related news, insider Peter A. Kiener sold 50,000 shares of the company’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $16.50, for a total value of $825,000.00. Following the transaction, the insider now directly owns 52,023 shares in the company, valued at $858,379.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 4.13% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. HPM Partners LLC bought a new stake in Sucampo Pharmaceuticals during the second quarter worth about $1,307,000. Trexquant Investment LP purchased a new stake in Sucampo Pharmaceuticals in the 3rd quarter worth about $122,000. Nine Chapters Capital Management LLC purchased a new stake in Sucampo Pharmaceuticals in the 3rd quarter worth about $127,000. JPMorgan Chase & Co. purchased a new stake in Sucampo Pharmaceuticals in the 2nd quarter worth about $117,000. Finally, Aperio Group LLC purchased a new stake in Sucampo Pharmaceuticals in the 3rd quarter worth about $137,000. 65.29% of the stock is owned by institutional investors and hedge funds.

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Sucampo Pharmaceuticals Company Profile

Sucampo Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of pharmaceutical products. Its primary focus areas are gastroenterology, ophthalmology and oncology-related disorders. Its product candidates include VTS-270, Lubiprostone (AMITIZA), Unoprostone is opropyl (RESCULA) and CPP-1X/sulindac combination product.

Analyst Recommendations for Sucampo Pharmaceuticals (NASDAQ:SCMP)

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