HC Wainwright 發佈了 Belite Bio, Inc（納斯達克股票代碼：BLTE）2025 年第一季度的收益預測報告
Belite Bio, Inc (NASDAQ:BLTE) received Q1 2025 earnings estimates from HC Wainwright, expecting an EPS of {{.Question}}.29, maintaining a 'Buy' rating and a price target of .00. The consensus for current full-year earnings is (.08) EPS. Other analysts, including Benchmark and Cantor Fitzgerald, reiterated buy and overweight ratings. The stock recently traded at .16, showing a market cap of .49 billion. Armistice Capital recently acquired a new stake in the company, holding 0.53% of shares owned by institutional investors. Belite focuses on developing therapeutics for retinal diseases.
Belite Bio, Inc (NASDAQ:BLTE - Free Report) - Research analysts at HC Wainwright issued their Q1 2025 earnings per share (EPS) estimates for shares of Belite Bio in a report issued on Tuesday, August 13th. HC Wainwright analyst Y. Chen expects that the company will post earnings of ($0.29) per share for the quarter. HC Wainwright currently has a "Buy" rating and a $60.00 price target on the stock. The consensus estimate for Belite Bio's current full-year earnings is ($1.08) per share. HC Wainwright also issued estimates for Belite Bio's Q2 2025 earnings at ($0.29) EPS, Q3 2025 earnings at ($0.29) EPS and Q4 2025 earnings at ($0.29) EPS.
Several other analysts also recently issued reports on the company. Benchmark reiterated a "buy" rating and set a $57.00 price target on shares of Belite Bio in a research note on Tuesday. Cantor Fitzgerald reiterated an "overweight" rating on shares of Belite Bio in a research note on Thursday, June 20th.
Get Our Latest Research Report on Belite Bio
Belite Bio Trading Up 3.3 %
BLTE stock opened at $50.16 on Wednesday. The firm has a market cap of $1.49 billion, a PE ratio of -42.51 and a beta of -1.47. Belite Bio has a 1 year low of $20.32 and a 1 year high of $50.66. The company has a fifty day simple moving average of $48.43 and a 200 day simple moving average of $44.90.
Belite Bio (NASDAQ:BLTE - Get Free Report) last announced its quarterly earnings results on Monday, May 13th. The company reported ($0.27) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.07.
Hedge Funds Weigh In On Belite Bio
An institutional investor recently bought a new position in Belite Bio stock. Armistice Capital LLC acquired a new stake in Belite Bio, Inc (NASDAQ:BLTE - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 36,000 shares of the company's stock, valued at approximately $1,647,000. Armistice Capital LLC owned about 0.13% of Belite Bio as of its most recent filing with the Securities and Exchange Commission (SEC). 0.53% of the stock is currently owned by institutional investors and hedge funds.
Belite Bio Company Profile
(Get Free Report)Belite Bio, Inc, a clinical stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting retinal degenerative eye diseases with unmet medical needs in the United States. The company's lead product candidate is LBS-008 (Tinlarebant), an orally administered once-a-day tablet for maintaining the health and integrity of retinal tissues in autosomal recessive Stargardt disease and geographic atrophy patients.
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