Zentalis Pharmaceuticals (NASDAQ:ZNTL – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.77) by $0.91, Briefing.com reports. The company had revenue of $40.56 million for the quarter, compared to analyst estimates of $35.00 million. During the same period in the previous year, the business posted ($1.07) earnings per share.
Zentalis Pharmaceuticals Stock Performance
Zentalis Pharmaceuticals stock opened at $12.43 on Thursday. Zentalis Pharmaceuticals has a fifty-two week low of $9.56 and a fifty-two week high of $31.46. The stock has a fifty day moving average of $13.70 and a two-hundred day moving average of $13.43. The company has a market capitalization of $882.65 million, a price-to-earnings ratio of -2.74 and a beta of 1.82.
Insiders Place Their Bets
In related news, CFO Melissa B. Epperly sold 2,573 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $11.44, for a total value of $29,435.12. Following the transaction, the chief financial officer now directly owns 451,449 shares of the company’s stock, valued at approximately $5,164,576.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 6.10% of the stock is currently owned by insiders.
Analysts Set New Price Targets
View Our Latest Analysis on Zentalis Pharmaceuticals
About Zentalis Pharmaceuticals
Zentalis Pharmaceuticals, Inc, a clinical-stage biopharmaceutical company, focuses on discovering and developing small molecule therapeutics for the treatment of various cancers. Its products candidatures include the ZN-c3, an inhibitor of WEE1, a protein tyrosine kinase for the treatment of inhibitor for advanced solid tumors and hematological malignancies; in Phase 2 clinical trial as a monotherapy for the treatment of uterine serous carcinoma indications; Phase 2 clinical trial in Cyclin E1 driven high-grade serous ovarian cancer, fallopian tube, or primary peritoneal cancer; Phase 1/2 clinical trial in combination with PARPi for platinum-resistant ovarian cancer; Phase 1b clinical trial in combination with chemotherapy in platinum-resistant ovarian, and peritoneal or fallopian tube cancer; Phase 1/2 clinical trial in combination with chemotherapy in relapsed or refractory osteosarcoma; Phase 1/2 clinical trial with encorafenib and cetuximab for mutant metastatic colorectal cancer; and Phase 1/2 clinical trial in combination with chemotherapy in pancreatic cancer.
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