HC Wainwright Analysts Lower Earnings Estimates for Vor Biopharma Inc. (NYSE:VOR)

Vor Biopharma Inc. (NYSE:VORGet Rating) – Equities researchers at HC Wainwright decreased their FY2022 earnings per share (EPS) estimates for shares of Vor Biopharma in a report released on Monday, November 14th. HC Wainwright analyst S. Ramakanth now expects that the company will earn ($2.50) per share for the year, down from their prior estimate of ($2.35). HC Wainwright has a “Buy” rating and a $20.00 price target on the stock. The consensus estimate for Vor Biopharma’s current full-year earnings is ($2.38) per share. HC Wainwright also issued estimates for Vor Biopharma’s Q4 2022 earnings at ($0.67) EPS, Q1 2023 earnings at ($0.69) EPS, Q2 2023 earnings at ($0.71) EPS, Q3 2023 earnings at ($0.55) EPS, Q4 2023 earnings at ($0.56) EPS, FY2023 earnings at ($2.46) EPS, FY2024 earnings at ($2.37) EPS, FY2025 earnings at ($1.87) EPS and FY2026 earnings at ($1.34) EPS.

A number of other research analysts also recently commented on the stock. Oppenheimer decreased their price objective on shares of Vor Biopharma from $27.00 to $18.00 and set an “outperform” rating for the company in a research report on Monday. Wedbush reissued an “initiates” rating on shares of Vor Biopharma in a research report on Tuesday, July 26th. Finally, Barclays cut their price objective on Vor Biopharma from $26.00 to $15.00 and set an “overweight” rating for the company in a research report on Friday, November 11th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $22.00.

Vor Biopharma Trading Down 2.4 %

Vor Biopharma stock opened at $4.50 on Wednesday. Vor Biopharma has a 1-year low of $3.48 and a 1-year high of $17.97. The company has a fifty day simple moving average of $4.34 and a 200 day simple moving average of $4.71. The company has a market cap of $174.00 million, a P/E ratio of -1.95 and a beta of -0.11.

Institutional Investors Weigh In On Vor Biopharma

A number of large investors have recently bought and sold shares of VOR. Jane Street Group LLC acquired a new stake in Vor Biopharma during the third quarter worth about $41,000. Bourgeon Capital Management LLC boosted its stake in shares of Vor Biopharma by 39.0% in the 3rd quarter. Bourgeon Capital Management LLC now owns 10,700 shares of the company’s stock valued at $43,000 after purchasing an additional 3,000 shares in the last quarter. Two Sigma Investments LP acquired a new stake in shares of Vor Biopharma in the 3rd quarter valued at approximately $58,000. Virtu Financial LLC acquired a new stake in shares of Vor Biopharma in the 2nd quarter valued at approximately $61,000. Finally, Corton Capital Inc. boosted its stake in shares of Vor Biopharma by 37.6% in the 2nd quarter. Corton Capital Inc. now owns 14,856 shares of the company’s stock valued at $74,000 after purchasing an additional 4,061 shares in the last quarter. 81.87% of the stock is currently owned by institutional investors and hedge funds.

About Vor Biopharma

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Vor Biopharma, Inc, a clinical-stage company, develops engineered hematopoietic stem cell (eHSC) therapies for cancer patients. It is developing VOR33, an eHSC product candidate that is in phase 1/2 to treat acute myeloid leukemia (AML) and other hematological malignancies. The company's VOR33 eHSCs lacks CD33, a protein that is expressed by AML blood cancer cells.

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Earnings History and Estimates for Vor Biopharma (NYSE:VOR)

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