Earnings results for Kadmon (NYSE:KDMN)
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 -0.13 and remained the same over the past month at -0.13. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has decreased over the past week from -0.64 to -0.66(-0.13) and decreased over the past month from -0.6 to -0.64(6.67%). Of the 3 analysts making yearly forecasts, none raised and 3 lowered their forecast.
Kadmon last posted its quarterly earnings data on August 6th, 2020. The reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.14) by $0.03. Kadmon has generated ($0.74) earnings per share over the last year. Kadmon has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, August 17th, 2020 based off prior year’s report dates.
Analyst Opinion on Kadmon (NYSE:KDMN)
5 Wall Street analysts have issued ratings and price targets for Kadmon in the last 12 months. Their average twelve-month price target is $12.60, suggesting that the stock has a possible upside of 205.08%. The high price target for KDMN is $25.00 and the low price target for KDMN is $8.00. There are currently 5 buy ratings for the stock, resulting in a consensus rating of “Buy.”
Kadmon 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 $12.60, Kadmon has a potential upside of 205.1% from its current price of $4.13. Kadmon has only been the subject of 2 research reports in the past 90 days.
Dividend Strength: Kadmon (NYSE:KDMN)
Kadmon does not currently pay a dividend. Kadmon does not have a long track record of dividend growth.
Insiders buying/selling: Kadmon (NYSE:KDMN)
In the past three months, Kadmon insiders have not sold or bought any company stock. Only 2.95% of the stock of Kadmon is held by insiders. 87.38% of the stock of Kadmon is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Kadmon (NYSE:KDMN
Earnings for Kadmon are expected to grow in the coming year, from ($0.60) to $0.21 per share. The P/E ratio of Kadmon is -5.90, 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 Kadmon is -5.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Kadmon has a P/B Ratio of 4.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
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