Celldex Therapeutics, Inc. (NASDAQ:CLDX) most recently reported quarterly actual earnings per share of $-0.32 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $-0.33. The difference between the estimate and the actual EPS was $0.01 creating a surprise factor of 3.03%. Currently, the company has an impact score of 88. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.155. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $7.75 on the shares. The most bullish brokerage firm has a $16 target, while the most bearish sees the stock headed towards $3. This is according to the 8 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.89. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 8 recommendations taking into account in order to arrive at this number. Of the 8, 5 have a Strong Buy rating and 0 are rating it a Buy.
Celldex Therapeutics, Inc. (Celldex), is a biopharmaceutical company focused on the development and commercialization of several immunotherapy technologies for the treatment of cancer and other difficult-to-treat diseases. The Company’s drug candidates include CDX-110, CDX-011 and CDX-1127. CDX-110, is an immunotherapeutic vaccine that targets the tumor-specific molecule, epidermal growth factor receptor variant III (EGFRvIII). CDX-1127 is a human monoclonal antibody that targets CD27. CD27 is a co-stimulatory molecule on T cells and is over-expressed in certain lymphomas and leukemias. It has additional clinical and preclinical programs, including CDX-1401, an APC Targeting Technology programs, CDX-301, an immune cell mobilizing agent and dendritic cell growth factor and CDX-1135, a molecule that inhibits a part of the immune system called the complement system.
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