Does Earnings Surprise History Hold Any Clue for Milestone Pharmaceuticals (NASDAQ:MIST)

Earnings results for Milestone Pharmaceuticals (NASDAQ:MIST)

Milestone Pharmaceuticals Inc. is estimated to report earnings on 03/05/2021. 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 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.43. The reported EPS for the same quarter last year was $-0.75.

Analyst Opinion on Milestone Pharmaceuticals (NASDAQ:MIST)

4 Wall Street analysts have issued ratings and price targets for Milestone Pharmaceuticals in the last 12 months. Their average twelve-month price target is $13.25, predicting that the stock has a possible upside of 101.06%. The high price target for MIST is $18.00 and the low price target for MIST is $8.00. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Milestone Pharmaceuticals has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $13.25, Milestone Pharmaceuticals has a forecasted upside of 101.1% from its current price of $6.59. Milestone Pharmaceuticals has received no research coverage in the past 90 days.

Dividend Strength: Milestone Pharmaceuticals (NASDAQ:MIST)

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

Insiders buying/selling: Milestone Pharmaceuticals (NASDAQ:MIST)

In the past three months, Milestone Pharmaceuticals insiders have not sold or bought any company stock. Only 4.16% of the stock of Milestone Pharmaceuticals is held by insiders. 51.88% of the stock of Milestone Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Milestone Pharmaceuticals (NASDAQ:MIST

Earnings for Milestone Pharmaceuticals are expected to decrease in the coming year, from ($1.99) to ($2.01) per share. The P/E ratio of Milestone Pharmaceuticals is -2.80, 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 Milestone Pharmaceuticals is -2.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Milestone Pharmaceuticals has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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