HC Wainwright Equities Analysts Cut Earnings Estimates for Roivant Sciences Ltd. (NASDAQ:ROIV)

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Roivant Sciences Ltd. (NASDAQ:ROIV - Free Report) - Equities research analysts at HC Wainwright cut their Q1 2025 earnings per share estimates for shares of Roivant Sciences in a research note issued on Wednesday, April 3rd. HC Wainwright analyst D. Tsao now forecasts that the company will post earnings per share of ($0.25) for the quarter, down from their prior forecast of ($0.23). HC Wainwright currently has a "Buy" rating and a $18.00 target price on the stock. The consensus estimate for Roivant Sciences' current full-year earnings is ($1.36) per share. HC Wainwright also issued estimates for Roivant Sciences' Q2 2025 earnings at ($0.39) EPS, Q3 2025 earnings at ($0.41) EPS, Q4 2025 earnings at ($0.44) EPS and FY2025 earnings at ($1.49) EPS.

A number of other research analysts have also weighed in on the stock. The Goldman Sachs Group raised their target price on shares of Roivant Sciences from $16.00 to $18.00 and gave the stock a "buy" rating in a research note on Wednesday. Bank of America lifted their price target on shares of Roivant Sciences from $11.00 to $12.00 and gave the company a "neutral" rating in a research report on Tuesday, January 2nd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Roivant Sciences from $14.00 to $15.00 and gave the company a "buy" rating in a research report on Wednesday. Wolfe Research began coverage on shares of Roivant Sciences in a research report on Thursday, February 15th. They set an "outperform" rating and a $17.00 price target on the stock. Finally, Piper Sandler began coverage on Roivant Sciences in a research report on Friday, January 5th. They issued an "overweight" rating and a $20.00 target price on the stock. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $16.90.


Check Out Our Latest Stock Report on ROIV

Roivant Sciences Price Performance

ROIV stock traded up $0.23 during trading on Friday, hitting $11.74. The stock had a trading volume of 5,855,017 shares, compared to its average volume of 7,242,943. The company has a debt-to-equity ratio of 0.06, a current ratio of 27.79 and a quick ratio of 27.79. Roivant Sciences has a twelve month low of $7.01 and a twelve month high of $13.24. The stock has a market capitalization of $9.46 billion, a P/E ratio of 2.26 and a beta of 1.34. The company's 50-day moving average price is $10.82 and its two-hundred day moving average price is $10.37.

Roivant Sciences (NASDAQ:ROIV - Get Free Report) last posted its quarterly earnings data on Tuesday, February 13th. The company reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.33) by $0.07. Roivant Sciences had a negative return on equity of 33.38% and a net margin of 3,624.14%. The company had revenue of $37.14 million for the quarter, compared to analysts' expectations of $30.72 million.

Hedge Funds Weigh In On Roivant Sciences

Institutional investors have recently modified their holdings of the business. Dagco Inc. acquired a new position in shares of Roivant Sciences during the fourth quarter worth $27,000. FNY Investment Advisers LLC acquired a new position in shares of Roivant Sciences during the fourth quarter worth $33,000. Headlands Technologies LLC acquired a new position in shares of Roivant Sciences during the fourth quarter worth $36,000. Allspring Global Investments Holdings LLC purchased a new stake in Roivant Sciences in the third quarter valued at $44,000. Finally, Royal Bank of Canada lifted its position in Roivant Sciences by 2,333.5% in the second quarter. Royal Bank of Canada now owns 4,210 shares of the company's stock valued at $43,000 after acquiring an additional 4,037 shares during the last quarter. Institutional investors and hedge funds own 64.76% of the company's stock.

Insiders Place Their Bets

In other Roivant Sciences news, COO Eric Venker sold 96,950 shares of the business's stock in a transaction on Friday, February 9th. The shares were sold at an average price of $10.92, for a total value of $1,058,694.00. Following the completion of the transaction, the chief operating officer now owns 532,207 shares in the company, valued at $5,811,700.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 4.60% of the company's stock.

Roivant Sciences Company Profile

(Get Free Report)

Roivant Sciences Ltd., a commercial-stage biopharmaceutical company, engages in the development and commercialization of medicines for inflammation and immunology areas. The company provides Vants, a model to develop and commercialize its medicines and technologies focusing on biopharmaceutical businesses, discovery-stage companies, and health technology startups.

Further Reading

Earnings History and Estimates for Roivant Sciences (NASDAQ:ROIV)

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