Outlook Therapeutics Inc (OTLK) saw an uptrend of 9.17% in the recent trading with $1.31 being its most recent. The current price level -81.23% lower than the highest price of $6.98 marked by the stock while trading over the past 52-weeks, whereas it is 65.82% higher than the lowest price of $0.79 the company dropped to over past 52-weeks. The latest news story on OTLK appeared in (GlobeNewswire) under the title “Outlook Therapeutics Provides Update on Type A Meeting with FDA” on.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.20 for the stock.
Outlook Therapeutics Inc Earnings – What Happened With OTLK
Coming around sales and income figures on OTLK Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Outlook Therapeutics Inc (OTLK) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -14.26% for net revenue.
OTLK – Outlook Therapeutics Inc Stock Earnings Estimates
The perspective of Outlook Therapeutics Inc (NASDAQ:OTLK)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.82 for stock’s EPS in the current quarter. Outlook Therapeutics Inc (OTLK) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -14.26% for net revenue. Company’s EPS for the last quarter was -0.94.
Outlook Therapeutics Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 43.48 million. OTLK does have institutional investors; and they hold 20.61% of the stock.
As on 2024-06-30, GREAT POINT PARTNERS LLC was the top most holder in Outlook Therapeutics Inc (NASDAQ:OTLK) with an ownership of 1.7 million shares of the company or 7.3255 of the stake worth $12.56 million. The filing also reveals TANG CAPITAL MANAGEMENT LLC as the second largest holder in the company with a control over 6.9721 of the outstanding shares. Its stake is worth $11.95 million for having 1.62 million shares in hand.
ROSALIND ADVISORS, INC. also came holding a key position in the company during the recent quarter and it now holds 3.1534 of the outstanding shares. With this there are now 83.0 institutions which have possession in OTLK’s shares.
