Analysts Estimate Report : What to Look Out for Obseva Stock Forecast, Price & News (NASDAQ:OBSV)

Earnings results for Obseva Stock Forecast, Price & News (NASDAQ:OBSV)

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 -0.41 and remained the same over the past month at -0.41. 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 -1.6 and decreased over the past month from -1.58 to -1.6(1.27%). Of the 1 analysts making yearly forecasts, none raised and 1 lowered their forecast.

Obseva last released its earnings data on August 6th, 2020. The reported ($0.38) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.42) by $0.04. Obseva has generated ($2.49) earnings per share over the last year. Obseva has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 19th, 2020 based off prior year’s report dates.

Analyst Opinion on Obseva Stock Forecast, Price & News (NASDAQ:OBSV)

7 Wall Street analysts have issued ratings and price targets for Obseva in the last 12 months. Their average twelve-month price target is $14.71, predicting that the stock has a possible upside of 403.91%. The high price target for OBSV is $36.00 and the low price target for OBSV is $4.00. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Obseva has received a consensus rating of Buy. The company’s average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings. According to analysts’ consensus price target of $14.71, Obseva has a forecasted upside of 403.9% from its current price of $2.92. Obseva has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Obseva Stock Forecast, Price & News (NASDAQ:OBSV)

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

Insiders buying/selling: Obseva Stock Forecast, Price & News (NASDAQ:OBSV)

In the past three months, Obseva insiders have not sold or bought any company stock. 48.12% of the stock of Obseva is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Obseva Stock Forecast, Price & News (NASDAQ:OBSV

Earnings for Obseva are expected to grow in the coming year, from ($1.60) to ($1.40) per share. The P/E ratio of Obseva is -1.22, 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 Obseva is -1.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Obseva has a P/B Ratio of 2.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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