Earnings Report: Here’s what to expect from I-Mab (NASDAQ:BDTX)

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Earnings results for I-Mab (NASDAQ:BDTX)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.43 and remained the same over the past month at -0.43. Of the 1 analysts making quarterly forecasts, 1raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -2.09 and increased over the past month from -2.11 to -2.09(0.95%). Of the 1 analysts making yearly forecasts, 1raised and none lowered their forecast.

I-Mab last issued its earnings data on May 12th, 2020. The reported ($0.51) EPS for the quarter, missing analysts’ consensus estimates of ($0.48) by $0.03. I-Mab has generated ($16.99) earnings per share over the last year. I-Mab has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 11th, 2020 based off prior year’s report dates.

Analyst Opinion on I-Mab (NASDAQ:BDTX)

5 Wall Street analysts have issued ratings and price targets for I-Mab in the last 12 months. Their average twelve-month price target is $48.00, suggesting that the stock has a possible upside of 45.90%. The high price target for BDTX is $53.00 and the low price target for BDTX is $42.00. There are currently 5 buy ratings for the stock, resulting in a consensus rating of “Buy.”

I-Mab has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $48.00, I-Mab has a potential upside of 45.9% from its current price of $32.90. I-Mab has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: I-Mab (NASDAQ:BDTX)

I-Mab does not currently pay a dividend. I-Mab does not have a long track record of dividend growth.

Insiders buying/selling: I-Mab (NASDAQ:BDTX)

In the past three months, I-Mab insiders have not sold or bought any company stock. 61.78% of the stock of I-Mab is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of I-Mab (NASDAQ:BDTX

Earnings for I-Mab are expected to decrease in the coming year, from ($2.09) to ($2.44) per share. The P/E ratio of I-Mab is -1.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of I-Mab is -1.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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