Equities Analysts Offer Predictions for ESPR FY2028 Earnings

Esperion Therapeutics, Inc. (NASDAQ:ESPRFree Report) – Investment analysts at HC Wainwright reduced their FY2028 earnings per share (EPS) estimates for shares of Esperion Therapeutics in a note issued to investors on Thursday, January 23rd. HC Wainwright analyst J. Pantginis now expects that the biopharmaceutical company will post earnings of $0.16 per share for the year, down from their previous forecast of $6.05. HC Wainwright has a “Buy” rating and a $16.00 price target on the stock. The consensus estimate for Esperion Therapeutics’ current full-year earnings is ($0.28) per share.

Esperion Therapeutics (NASDAQ:ESPRGet Free Report) last released its quarterly earnings data on Thursday, November 7th. The biopharmaceutical company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.01). The firm had revenue of $51.63 million during the quarter, compared to analyst estimates of $55.44 million. During the same period in the prior year, the company posted ($0.37) earnings per share.

Several other research firms also recently weighed in on ESPR. StockNews.com downgraded Esperion Therapeutics from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Cantor Fitzgerald began coverage on Esperion Therapeutics in a research report on Tuesday, December 17th. They set an “overweight” rating and a $8.00 target price on the stock. The Goldman Sachs Group assumed coverage on Esperion Therapeutics in a report on Wednesday, December 18th. They issued a “neutral” rating and a $4.00 price target on the stock. JMP Securities reiterated a “market outperform” rating and set a $7.00 target price on shares of Esperion Therapeutics in a report on Thursday, January 23rd. Finally, Needham & Company LLC reissued a “buy” rating and set a $6.00 price target on shares of Esperion Therapeutics in a research note on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Esperion Therapeutics presently has a consensus rating of “Hold” and an average target price of $7.25.

Get Our Latest Analysis on ESPR

Esperion Therapeutics Stock Performance

Esperion Therapeutics stock opened at $1.99 on Monday. Esperion Therapeutics has a fifty-two week low of $1.58 and a fifty-two week high of $3.94. The company has a market capitalization of $392.11 million, a P/E ratio of -3.11 and a beta of 1.03. The stock has a 50-day simple moving average of $2.46 and a 200-day simple moving average of $2.17.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Traphagen Investment Advisors LLC purchased a new position in shares of Esperion Therapeutics in the 3rd quarter worth $27,000. Xponance Inc. purchased a new position in shares of Esperion Therapeutics in the 2nd quarter worth $28,000. Versor Investments LP purchased a new position in shares of Esperion Therapeutics in the 3rd quarter worth $44,000. American Century Companies Inc. purchased a new position in shares of Esperion Therapeutics in the 2nd quarter worth $50,000. Finally, SJS Investment Consulting Inc. purchased a new position in shares of Esperion Therapeutics in the 4th quarter worth $55,000. Hedge funds and other institutional investors own 47.39% of the company’s stock.

About Esperion Therapeutics

(Get Free Report)

Esperion Therapeutics, Inc, a pharmaceutical company, develops and commercializes medicines for the treatment of patients with elevated low density lipoprotein cholesterol (LDL-C). Its marketed products include NEXLETOL (bempedoic acid) and NEXLIZET (bempedoic acid and ezetimibe) tablets that are oral, once-daily, non-statin medicines for the treatment of primary hyperlipidemia in adults with heterozygous familial hypercholesterolemia or atherosclerotic cardiovascular disease who require additional lowering of LDL-C.

Further Reading

Earnings History and Estimates for Esperion Therapeutics (NASDAQ:ESPR)

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