Syndax Pharmaceuticals (NASDAQ:SNDX - Get Free Report ) issued its quarterly earnings results on Wednesday. The company reported ($0.85) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.96) by $0.11, Briefing.com reports. During the same period last year, the firm posted ($0.59) earnings per share.
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Syndax Pharmaceuticals Price Performance SNDX traded down $0.41 during trading on Thursday, reaching $21.97. 838,175 shares of the stock were exchanged, compared to its average volume of 1,116,099. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of -7.53 and a beta of 1.01. Syndax Pharmaceuticals has a 1 year low of $11.22 and a 1 year high of $25.34. The business's 50 day moving average price is $22.47 and its two-hundred day moving average price is $20.16.
Wall Street Analyst Weigh In A number of research firms have recently issued reports on SNDX. StockNews.com raised Syndax Pharmaceuticals to a "sell" rating in a report on Friday, January 19th. HC Wainwright restated a "buy" rating and set a $41.00 price objective on shares of Syndax Pharmaceuticals in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on shares of Syndax Pharmaceuticals from $31.00 to $34.00 and gave the company an "overweight" rating in a report on Wednesday, March 20th. Stifel Nicolaus increased their price target on shares of Syndax Pharmaceuticals from $39.00 to $40.00 and gave the stock a "buy" rating in a report on Thursday. Finally, Citigroup lowered their price objective on Syndax Pharmaceuticals from $32.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.42.
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About Syndax Pharmaceuticals (
Get Free Report )
Syndax Pharmaceuticals, Inc, a clinical-stage biopharmaceutical company, develops therapies for the treatment of cancer. Its lead product candidates are revumenib, a potent, selective, small molecule inhibitor of the menin-MLL binding interaction for the treatment of KMT2A rearranged, acute leukemias, and solid tumor; and SNDX-6352 or axatilimab, a monoclonal antibody that blocks the colony stimulating factor 1, or CSF-1 receptor for the treatment of patients with chronic graft versus host disease (cGVHD) and idiopathic pulmonary fibrosis (IPF).
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