Vical Inc. (NASDAQ:VICL) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokerages have set a twelve-month consensus price objective of $8.00 for the company and are expecting that the company will post ($0.25) earnings per share for the current quarter, according to Zacks. Zacks has also given Vical an industry rank of 111 out of 265 based on the ratings given to related companies.
Several research firms have issued reports on VICL. HC Wainwright reissued a “buy” rating on shares of Vical in a report on Tuesday, July 19th. Zacks Investment Research raised Vical from a “hold” rating to a “buy” rating and set a $3.50 price target for the company in a report on Wednesday, September 21st.
Institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC increased its position in shares of Vical by 29.8% in the first quarter. Renaissance Technologies LLC now owns 2,073,599 shares of the company’s stock valued at $811,000 after buying an additional 476,499 shares during the last quarter. ClariVest Asset Management LLC acquired a new position in shares of Vical during the second quarter valued at approximately $208,000. Eagle Global Advisors LLC acquired a new position in shares of Vical during the second quarter valued at approximately $178,000. Finally, BlackRock Fund Advisors increased its position in shares of Vical by 32.5% in the second quarter. BlackRock Fund Advisors now owns 23,459 shares of the company’s stock valued at $106,000 after buying an additional 5,750 shares during the last quarter. Institutional investors and hedge funds own 31.48% of the company’s stock.
Vical (NASDAQ:VICL) opened at 3.03 on Monday. The company’s market capitalization is $27.89 million. The stock’s 50 day moving average price is $3.40 and its 200 day moving average price is $3.97. Vical has a 12 month low of $2.80 and a 12 month high of $5.40.
Vical (NASDAQ:VICL) last released its quarterly earnings results on Tuesday, August 9th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.28) by $0.14. Vical had a negative return on equity of 14.18% and a negative net margin of 30.81%. The business earned $4.10 million during the quarter, compared to analyst estimates of $4.50 million. Equities research analysts anticipate that Vical will post ($0.86) earnings per share for the current fiscal year.
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