Price Target Analysis: Array BioPharma Inc. (NASDAQ:ARRY)


Array BioPharma Inc. (NASDAQ:ARRY) will report its next earnings on Nov 2 – Nov 7 (Est.). The company reported the earnings of $-0.17/Share in the last quarter where the estimated EPS by analysts was $-0.14/share. The difference between the expected and actual EPS was $-0.03/share, which represents an Earnings surprise of -21.4%.

Many analysts are providing their Estimated Earnings analysis for Array BioPharma Inc. and for the current quarter 5 analysts have projected that the stock could give an Average Earnings estimate of $-0.16/share. These analysts have also projected a Low Estimate of $-0.23/share and a High Estimate of $-0.03/share.

In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Array BioPharma Inc. as 32.47 Million. According to these analysts, the Low Revenue Estimate for Array BioPharma Inc. is 14.7 Million and the High Revenue Estimate is 48.15 Million. The company had Year Ago Sales of 16.2 Million.

Some buy side analysts are also providing their Analysis on Array BioPharma Inc., where 4 analysts have rated the stock as Strong buy, 4 analysts have given a Buy signal, 0 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 7 Analysts reported that the Price Target for Array BioPharma Inc. might touch $13 high while the Average Price Target and Low price Target is $9.43 and $8 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Array BioPharma Inc. got Upgrade on 23-Jul-10 where investment firm UBS Upgrade the stock from Neutral to Buy.

Array BioPharma Inc. closed its last trading session at $6.45 with the loss of -2.17%. The Market Capitalization of the company stands at 1.06 Billion. The Company has 52-week high of $7.27 and 52-week low of $2.38. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 4.7% where SMA50 and SMA200 are 39.69% and 77.16% respectively. The Company Touched its 52-Week High on Sep 27, 2016 and 52-Week Low on Feb 11, 2016.

The Relative Volume of the company is 0.9 and Average Volume (3 months) is 5.56 million. Array BioPharma Inc. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 0.

The company shows its Return on Assets (ROA) value of -49.4%. The Return on Equity (ROE) value stands at 0%. While it’s Return on Investment (ROI) value is -108.5%.

While looking at the Stock’s Performance, Array BioPharma Inc. currently shows a Weekly Performance of -4.54%, where Monthly Performance is 70.54%, Quarterly performance is 72.88%, 6 Months performance is 96.57% and yearly performance percentage is 17.07%. Year to Date performance value (YTD perf) value is 49.53%. The Stock currently has a Weekly Volatility of 4.72% and Monthly Volatility of 8.03%.