Earnings and Growth Analysis : Bio-Path (NASDAQ:BPTH)

Earnings results for Bio-Path (NASDAQ:BPTH)

Bio-Path Holdings, Inc. is expected* to report earnings on 05/14/2021 before market open. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.5. The reported EPS for the same quarter last year was $-0.9.

Bio-Path last issued its earnings data on March 10th, 2021. The reported ($0.57) EPS for the quarter, beating analysts’ consensus estimates of ($0.78) by $0.21. Bio-Path has generated ($3.24) earnings per share over the last year. Bio-Path has confirmed that its next quarterly earnings report will be published on Friday, May 14th, 2021. Bio-Path will be holding an earnings conference call on Friday, May 14th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Bio-Path (NASDAQ:BPTH)

2 Wall Street analysts have issued ratings and price targets for Bio-Path in the last 12 months. Their average twelve-month price target is $12.50, predicting that the stock has a possible upside of 131.48%. The high price target for BPTH is $13.00 and the low price target for BPTH is $12.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Bio-Path has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $12.50, Bio-Path has a forecasted upside of 131.5% from its current price of $5.40. Bio-Path has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Bio-Path (NASDAQ:BPTH)

Bio-Path does not currently pay a dividend. Bio-Path does not have a long track record of dividend growth.

Insiders buying/selling: Bio-Path (NASDAQ:BPTH)

In the past three months, Bio-Path insiders have not sold or bought any company stock. Only 1.80% of the stock of Bio-Path is held by insiders. Only 4.41% of the stock of Bio-Path is held by institutions.

Earnings and Valuation of Bio-Path (NASDAQ:BPTH

Earnings for Bio-Path are expected to grow in the coming year, from ($3.04) to ($2.20) per share. The P/E ratio of Bio-Path is -1.82, 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 Bio-Path is -1.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Bio-Path has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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