Is it time to Buy before this week’s earning report Nantkwest (NASDAQ:NK)

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Earnings results for Nantkwest (NASDAQ:NK)

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 -0.19 and decreased over the past month from -0.18 to -0.19(5.56%). none raised 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 -0.64 and remained the same over the past month at -0.64 . none raised and none lowered their forecast.

Nantkwest last posted its quarterly earnings data on May 11th, 2020. The biotechnology company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by $0.02. The company had revenue of $0.02 million for the quarter. Nantkwest has generated ($0.70) earnings per share over the last year. Nantkwest 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 Nantkwest (NASDAQ:NK)

1 Wall Street analysts have issued ratings and price targets for Nantkwest in the last 12 months. Their average twelve-month price target is $18.00, suggesting that the stock has a possible upside of 59.72%. The high price target for NK is $18.00 and the low price target for NK is $18.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Nantkwest has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $18.00, Nantkwest has a potential upside of 59.7% from its current price of $11.27. Nantkwest has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Nantkwest (NASDAQ:NK)

Nantkwest does not currently pay a dividend. Nantkwest does not have a long track record of dividend growth.

Insiders buying/selling: Nantkwest (NASDAQ:NK)

In the past three months, Nantkwest insiders have bought 1,030.33% more of their company’s stock than they have sold. Specifically, they have bought $44,965,200.00 in company stock and sold $3,978,045.00 in company stock. 72.08% of the stock of Nantkwest is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 6.19% of the stock of Nantkwest is held by institutions.

Earnings and Valuation of Nantkwest (NASDAQ:NK

Earnings for Nantkwest are expected to decrease in the coming year, from ($0.64) to ($0.80) per share. The P/E ratio of Nantkwest is -16.57, 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 Nantkwest is -16.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Nantkwest has a P/B Ratio of 9.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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