EPS for Summit Therapeutics plc (SMMT) Expected At $-0.74

August 13, 2018 - By Nellie Rakes

Summit Therapeutics plc (NASDAQ:SMMT) Logo

Analysts expect Summit Therapeutics plc (NASDAQ:SMMT) to report $-0.74 EPS on August, 30.They anticipate $1.84 EPS change or 167.27 % from last quarter’s $1.1 EPS. After having $-0.55 EPS previously, Summit Therapeutics plc’s analysts see 34.55 % EPS growth. The stock decreased 0.85% or $0.02 during the last trading session, reaching $2.33. About 51,620 shares traded. Summit Therapeutics plc (NASDAQ:SMMT) has risen 11.61% since August 13, 2017 and is uptrending. It has underperformed by 0.96% the S&P500.

Summit Therapeutics plc (NASDAQ:SMMT) Ratings Coverage

Among 7 analysts covering Summit Therapeutics (NASDAQ:SMMT), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Summit Therapeutics had 10 analyst reports since February 13, 2018 according to SRatingsIntel. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, April 11. The firm earned “Buy” rating on Tuesday, March 6 by Canaccord Genuity. The stock of Summit Therapeutics plc (NASDAQ:SMMT) earned “Buy” rating by SunTrust on Friday, April 13. Janney Capital downgraded the shares of SMMT in report on Thursday, June 28 to “Neutral” rating. The firm has “Hold” rating given on Wednesday, June 27 by SunTrust. The stock has “Hold” rating by Oppenheimer on Wednesday, June 27.

Summit Therapeutics plc, a biopharmaceutical company, focuses on the discovery, development, and commercialization of novel medicines to treat genetic and infectious diseases in the United Kingdom and North America. The company has market cap of $39.70 million. It is conducting clinical programmes focused on the genetic disease Duchenne muscular dystrophy and the infectious disease Clostridium difficile infection (CDI). It currently has negative earnings. The companyÂ’s lead DMD product candidate is ezutromid, an orally administered small molecule, which is in Phase II clinical trial in patients with DMD; and lead CDI product candidate is ridinilazole, an orally administered small molecule antibiotic that has completed Phase II clinical trials for the treatment of CDI disease.

More recent Summit Therapeutics plc (NASDAQ:SMMT) news were published by: Prnewswire.com which released: “Summit Therapeutics Joins Antimicrobials Working Group” on July 30, 2018. Also Seekingalpha.com published the news titled: “Summit’s ridinilazole beats vancomycin in C. diff study” on August 02, 2018. Globenewswire.com‘s news article titled: “Summit Therapeutics to Present at the Canaccord Genuity Growth Conference” with publication date: August 06, 2018 was also an interesting one.

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