The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Nektar Therapeutics's revenues will increase 10.7% and EPS will remain in the red.
The average estimate for revenue is $26.2 million. On the bottom line, the average EPS estimate is -$0.44.
Last quarter, Nektar Therapeutics chalked up revenue of $23.0 million. GAAP reported sales were 28% higher than the prior-year quarter's $17.9 million.
Last quarter, EPS came in at -$0.48. GAAP EPS were -$0.48 for Q1 compared to -$0.36 per share for the prior-year quarter.
For the preceding quarter, gross margin was 49.3%, 220 basis points worse than the prior-year quarter. Operating margin was -197.4%, 460 basis points better than the prior-year quarter. Net margin was -239.4%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $193.8 million. The average EPS estimate is -$1.14.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 193 members out of 222 rating the stock outperform, and 29 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Nektar Therapeutics a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nektar Therapeutics is outperform, with an average price target of $12.25.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.