Factors Likely to Have Influenced Earnings Results HL Acquisitions (NASDAQ:IMTX)

Earnings results for HL Acquisitions (NASDAQ:IMTX)

Immatics N.V. is estimated to report earnings on 08/24/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.18. The reported EPS for the same quarter last year was $0.07.

Analyst Opinion on HL Acquisitions (NASDAQ:IMTX)

3 Wall Street analysts have issued ratings and price targets for HL Acquisitions in the last 12 months. Their average twelve-month price target is $19.67, predicting that the stock has a possible upside of 99.46%. The high price target for IMTX is $28.00 and the low price target for IMTX is $14.00. There are currently 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

HL Acquisitions has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $19.67, HL Acquisitions has a forecasted upside of 99.5% from its current price of $9.86. HL Acquisitions has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: HL Acquisitions (NASDAQ:IMTX)

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

Insiders buying/selling: HL Acquisitions (NASDAQ:IMTX)

In the past three months, HL Acquisitions insiders have not sold or bought any company stock. 52.32% of the stock of HL Acquisitions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of HL Acquisitions (NASDAQ:IMTX

Earnings for HL Acquisitions are expected to decrease in the coming year, from ($0.91) to ($1.13) per share. HL Acquisitions has a P/B Ratio of 35.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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