Senomyx Inc. (NASDAQ:SNMX) has earned an average broker rating score of 2.25 (Buy) from the four analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company.
Brokerages have set a 1-year consensus price target of $5.13 for the company and are forecasting that the company will post ($0.07) EPS for the current quarter, according to Zacks. Zacks has also assigned Senomyx an industry rank of 177 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded shares of Senomyx from a “hold” rating to a “strong-buy” rating and set a $4.00 price objective on the stock in a report on Wednesday, August 3rd.
Shares of Senomyx (NASDAQ:SNMX) traded down 1.5463% during midday trading on Monday, reaching $4.4698. 25,665 shares of the company’s stock traded hands. The firm’s market cap is $200.08 million. Senomyx has a 12 month low of $2.11 and a 12 month high of $5.65. The stock has a 50-day moving average price of $4.19 and a 200 day moving average price of $3.07.
Senomyx (NASDAQ:SNMX) last announced its quarterly earnings data on Thursday, July 28th. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.01. Senomyx had a negative net margin of 37.41% and a negative return on equity of 51.25%. The firm had revenue of $6.60 million for the quarter, compared to analyst estimates of $6.20 million. During the same quarter in the prior year, the business earned ($0.06) earnings per share. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. Equities research analysts predict that Senomyx will post ($0.25) earnings per share for the current year.
Several large investors have recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in Senomyx by 0.7% in the first quarter. Geode Capital Management LLC now owns 304,257 shares of the company’s stock valued at $791,000 after buying an additional 2,182 shares during the last quarter. Roosevelt Investment Group Inc. increased its stake in Senomyx by 5.6% in the second quarter. Roosevelt Investment Group Inc. now owns 94,760 shares of the company’s stock valued at $261,000 after buying an additional 5,000 shares during the last quarter. Princeton Capital Management Inc. increased its stake in Senomyx by 2.5% in the second quarter. Princeton Capital Management Inc. now owns 242,315 shares of the company’s stock valued at $666,000 after buying an additional 5,800 shares during the last quarter. Rice Hall James & Associates LLC increased its stake in Senomyx by 1.3% in the second quarter. Rice Hall James & Associates LLC now owns 1,200,753 shares of the company’s stock valued at $3,302,000 after buying an additional 15,814 shares during the last quarter. Finally, KCG Holdings Inc. increased its stake in Senomyx by 206.2% in the second quarter. KCG Holdings Inc. now owns 44,816 shares of the company’s stock valued at $123,000 after buying an additional 30,180 shares during the last quarter. 50.85% of the stock is owned by institutional investors.
Senomyx Company Profile
Senomyx, Inc is focused on using taste receptor technologies to discover, develop and commercialize flavor ingredients for the packaged food, beverage and ingredient supply industries. The Company operates through development and commercialization of flavor ingredients segment. It is engaged in the discovery, development and/or commercialization of flavor ingredients through over five programs.
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