Q2 2019 EPS Estimates for Aimmune Therapeutics Inc Lifted by Analyst (AIMT)

Aimmune Therapeutics Inc (NASDAQ:AIMT) – Equities research analysts at Piper Jaffray Companies upped their Q2 2019 earnings per share (EPS) estimates for Aimmune Therapeutics in a note issued to investors on Wednesday, May 8th. Piper Jaffray Companies analyst C. Raymond now anticipates that the biotechnology company will earn ($0.90) per share for the quarter, up from their previous estimate of ($0.92). Piper Jaffray Companies also issued estimates for Aimmune Therapeutics’ Q3 2019 earnings at ($0.92) EPS, Q4 2019 earnings at ($0.94) EPS, FY2019 earnings at ($3.64) EPS, Q1 2020 earnings at ($0.83) EPS, Q2 2020 earnings at ($0.76) EPS, Q3 2020 earnings at ($0.61) EPS, Q4 2020 earnings at ($0.36) EPS, FY2020 earnings at ($2.56) EPS, FY2021 earnings at ($0.33) EPS and FY2022 earnings at $2.71 EPS.

Aimmune Therapeutics (NASDAQ:AIMT) last issued its quarterly earnings data on Thursday, February 28th. The biotechnology company reported ($0.95) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.84) by ($0.11).



A number of other brokerages have also recently issued reports on AIMT. BidaskClub upgraded Aimmune Therapeutics from a “sell” rating to a “hold” rating in a report on Wednesday, February 27th. Wedbush restated a “buy” rating and set a $80.00 price objective on shares of Aimmune Therapeutics in a report on Tuesday, February 26th. Zacks Investment Research cut Aimmune Therapeutics from a “hold” rating to a “sell” rating in a report on Monday, January 14th. Cantor Fitzgerald set a $45.00 price target on shares of Aimmune Therapeutics and gave the company a “buy” rating in a research report on Thursday, February 28th. Finally, ValuEngine downgraded shares of Aimmune Therapeutics from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. Aimmune Therapeutics currently has an average rating of “Hold” and an average target price of $49.00.

Shares of NASDAQ:AIMT opened at $20.11 on Monday. Aimmune Therapeutics has a 12-month low of $19.25 and a 12-month high of $36.12. The company has a market cap of $1.28 billion, a PE ratio of -5.48 and a beta of -0.20.

Institutional investors and hedge funds have recently made changes to their positions in the business. Cable Hill Partners LLC raised its position in Aimmune Therapeutics by 81.7% during the first quarter. Cable Hill Partners LLC now owns 1,112 shares of the biotechnology company’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Manchester Capital Management LLC acquired a new position in Aimmune Therapeutics during the first quarter valued at approximately $27,000. Carroll Financial Associates Inc. acquired a new position in Aimmune Therapeutics during the fourth quarter valued at approximately $28,000. Pearl River Capital LLC acquired a new position in Aimmune Therapeutics during the first quarter valued at approximately $28,000. Finally, Bank of Montreal Can raised its position in Aimmune Therapeutics by 47.9% during the fourth quarter. Bank of Montreal Can now owns 1,516 shares of the biotechnology company’s stock valued at $37,000 after purchasing an additional 491 shares in the last quarter. Institutional investors and hedge funds own 73.66% of the company’s stock.

Aimmune Therapeutics Company Profile

Aimmune Therapeutics, Inc, a clinical-stage biopharmaceutical company, develops and commercializes product candidates for the treatment of peanut and other food allergies. Its lead Characterized Oral Desensitization ImmunoTherapy (CODIT) product candidate is AR101, an investigational biologic, which is in Phase III clinical trial for the treatment of patients with peanut allergy.

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Earnings History and Estimates for Aimmune Therapeutics (NASDAQ:AIMT)

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