Shares of Celldex Therapeutics, Inc. (NASDAQ:C
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Shares of Celldex Therapeutics, Inc. (NASDAQ:CLDX) have been given a consensus target price of $8.75. Based on Zacks Research data, the top target projection is currently $24. The analyst providing the lowest target has the stock moving to $4. Target price predictions may differ greatly among analysts. Analysts may look at previous stock price support and resistance levels in order to gauge the future direction of the stock. Zacks research also provides calculated recommendations from sell-side analysts that cover the stock. These recommendations fall within a simplified scale provided by Zacks Research. Using information provided from various analysts, Zacks Research lists shares of Celldex Therapeutics, Inc. with an ABR of 2. This number is based on a recommendation scale where the ratings range from a 1 to a 5. Following this scale, a 1 would indicate a Strong Buy while a 5 would indicate a Strong Sell.
We can also take a look at some company earnings per share or EPS information. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company’s common stock. Earnings per share numbers can serve as an indicator for the profitability of a certain company. EPS is widely considered to be one of the most important factors when evaluating the price of a share. A Zacks consensus currently shows Street analysts projecting the company to post per share earnings of $-0.34. For the period ending 2015-12-31, Celldex Therapeutics, Inc. reported actual EPS of $-0.33. This number was $0.01 away from analyst predictions, providing a surprise factor of 2.94%. The company is expected to next release earnings on or around 2016-05-04.
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