Viking Therapeutics (NASDAQ:VKTX) Posts Earnings Results, Misses Estimates By $0.07 EPS

Market Beat
2025.04.24 20:32
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Viking Therapeutics (NASDAQ:VKTX) reported a quarterly EPS of ($0.41), missing estimates by $0.07. The stock traded up 1.4% to $25.84, with a market cap of $2.90 billion. Analysts have mixed ratings, with a consensus rating of "Moderate Buy" and a target price of $89.75. Insider activity includes a purchase of 1,240 shares by Director Sarah Kathryn Rouan. The company focuses on developing therapies for metabolic disorders, with its lead candidate VK2809 in Phase IIb trials.

Viking Therapeutics (NASDAQ:VKTX - Get Free Report) released its quarterly earnings data on Wednesday. The biotechnology company reported ($0.41) EPS for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.07), Zacks reports.

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Viking Therapeutics Trading Up 1.4 %

  • Viking Therapeutics Stock Pops But Struggles to Hold Gains

VKTX traded up $0.36 during trading on Wednesday, hitting $25.84. 4,145,398 shares of the company's stock were exchanged, compared to its average volume of 4,045,729. The stock has a 50 day moving average price of $26.75 and a 200 day moving average price of $41.30. Viking Therapeutics has a 1 year low of $18.92 and a 1 year high of $81.86. The firm has a market cap of $2.90 billion, a P/E ratio of -25.84 and a beta of 0.84.

Wall Street Analyst Weigh In

VKTX has been the topic of a number of research analyst reports. HC Wainwright reiterated a "buy" rating and set a $102.00 target price on shares of Viking Therapeutics in a research report on Thursday, April 17th. The Goldman Sachs Group began coverage on shares of Viking Therapeutics in a report on Tuesday, April 8th. They issued a "neutral" rating and a $30.00 price target on the stock. B. Riley reiterated a "buy" rating and set a $96.00 target price (down previously from $109.00) on shares of Viking Therapeutics in a report on Friday, February 7th. Scotiabank began coverage on Viking Therapeutics in a research note on Thursday, February 13th. They set a "sector outperform" rating and a $102.00 price objective on the stock. Finally, Maxim Group reduced their target price on shares of Viking Therapeutics from $120.00 to $70.00 and set a "buy" rating on the stock in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $89.75.

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Insider Activity at Viking Therapeutics

In other news, Director Sarah Kathryn Rouan purchased 1,240 shares of the company's stock in a transaction that occurred on Monday, March 31st. The shares were purchased at an average price of $24.15 per share, with a total value of $29,946.00. Following the purchase, the director now directly owns 1,240 shares of the company's stock, valued at approximately $29,946. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 4.70% of the stock is owned by insiders.

About Viking Therapeutics

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  • MarketBeat Week in Review – 03/17 - 03/21

Viking Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on the development of novel therapies for metabolic and endocrine disorders. The company's lead drug candidate is VK2809, an orally available tissue and receptor-subtype selective agonist of the thyroid hormone receptor beta (TRß), which is in Phase IIb clinical trials to treat patients with biopsy-confirmed non-alcoholic steatohepatitis, as well as NAFLD.

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