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iTeos Therapeutics (NASDAQ:ITOS) Releases Earnings Results, Beats Expectations By $0.14 EPS

iTeos Therapeutics logo with Medical background

iTeos Therapeutics (NASDAQ:ITOS - Get Free Report) released its quarterly earnings data on Monday. The company reported ($0.80) earnings per share for the quarter, topping the consensus estimate of ($0.94) by $0.14, Zacks reports.

iTeos Therapeutics Stock Performance

NASDAQ ITOS traded up $0.27 during trading on Friday, hitting $7.77. The stock had a trading volume of 366,462 shares, compared to its average volume of 486,487. iTeos Therapeutics has a 12 month low of $4.80 and a 12 month high of $18.75. The company's 50-day moving average price is $6.59 and its two-hundred day moving average price is $7.54. The company has a market capitalization of $296.77 million, a PE ratio of -2.47 and a beta of 1.43.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. cut their target price on shares of iTeos Therapeutics from $22.00 to $15.00 and set an "overweight" rating on the stock in a report on Thursday, March 6th. Wells Fargo & Company dropped their price objective on iTeos Therapeutics from $17.00 to $16.00 and set an "overweight" rating on the stock in a research note on Tuesday. Wedbush reiterated an "outperform" rating and set a $25.00 target price on shares of iTeos Therapeutics in a report on Wednesday, March 5th. Finally, HC Wainwright restated a "buy" rating and issued a $46.00 price target on shares of iTeos Therapeutics in a report on Thursday, March 6th.

Get Our Latest Stock Analysis on ITOS

iTeos Therapeutics Company Profile

(Get Free Report)

iTeos Therapeutics, Inc is a clinical-stage biopharmaceutical company, which engages in the discovery and development of a new generation of immuno-oncology therapeutics for people living with cancer. Its pipeline includes EOS-448, Inupadenant, and EOS-984. The company was founded by Michel Detheux in April 2012 and is headquartered in Watertown, MA.

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Earnings History for iTeos Therapeutics (NASDAQ:ITOS)

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