VBI Vaccines (VBIV) Releases Earnings Results, Misses Expectations By $0.02 EPS

VBI Vaccines (NASDAQ:VBIV) posted its earnings results on Friday. The biopharmaceutical company reported ($0.24) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.02), MarketWatch Earnings reports. VBI Vaccines had a negative net margin of 6,175.95% and a negative return on equity of 53.12%. The business had revenue of $0.26 million for the quarter, compared to analyst estimates of $0.24 million.

VBIV stock traded down $0.12 during trading on Friday, hitting $2.05. The stock had a trading volume of 350,317 shares, compared to its average volume of 285,258. The company has a current ratio of 2.75, a quick ratio of 2.69 and a debt-to-equity ratio of 0.14. VBI Vaccines has a twelve month low of $1.64 and a twelve month high of $5.10.

A number of research firms have recently commented on VBIV. Zacks Investment Research cut VBI Vaccines from a “hold” rating to a “sell” rating in a research report on Wednesday, August 1st. BMO Capital Markets dropped their target price on VBI Vaccines from $13.00 to $12.00 and set an “outperform” rating on the stock in a research report on Friday, July 27th. Finally, ValuEngine upgraded VBI Vaccines from a “hold” rating to a “buy” rating in a research report on Thursday, November 1st. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $8.63.

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About VBI Vaccines

VBI Vaccines Inc, a biopharmaceutical company, develops and sells vaccines to address unmet needs in infectious disease and immuno-oncology in Israel and internationally. The company offers Sci-B-Vac, a third-generation hepatitis B vaccine for adults, children, and newborns; and eVLP, a vaccine platform for the design of enveloped virus-like particle vaccines that closely mimic the target virus.

Read More: Earnings Per Share

Earnings History for VBI Vaccines (NASDAQ:VBIV)

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