Delcath Systems (DCTH) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delcath Systems in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DCTH shares.
View DCTH analyst ratings or view top-rated stocks.

2 analysts have issued 1-year price targets for Delcath Systems' shares. Their DCTH share price forecasts range from $14.00 to $19.00. On average, they predict the company's stock price to reach $16.67 in the next year. This suggests a possible upside of 109.6% from the stock's current price.
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Delcath Systems' stock was trading at $3.60 at the beginning of 2023. Since then, DCTH stock has increased by 120.8% and is now trading at $7.95.
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Delcath Systems saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 457,600 shares, an increase of 7.9% from the April 30th total of 424,200 shares. Based on an average trading volume of 44,400 shares, the short-interest ratio is presently 10.3 days.
View Delcath Systems' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our DCTH earnings forecast.

Delcath Systems, Inc. (NASDAQ:DCTH) posted its quarterly earnings data on Monday, May, 22nd. The company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.57) by $0.20. The firm had revenue of $0.60 million for the quarter. Delcath Systems had a negative net margin of 1,212.45% and a negative trailing twelve-month return on equity of 1,396.28%.

Delcath Systems's stock reverse split before market open on Tuesday, October 22nd 2019. The 1-100 reverse split was announced on Friday, October 18th 2019. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 21st 2019. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

Delcath Systems issued an update on its first quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $600.00K-$600.00K, compared to the consensus revenue estimate of $770.00K.

Delcath Systems trades on the NASDAQ under the ticker symbol "DCTH."

Delcath Systems' stock is owned by many different institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (0.59%), Advisors Capital Management LLC (0.27%), BlackRock Inc. (0.16%), Renaissance Technologies LLC (0.11%) and Tower Research Capital LLC TRC (0.04%). Insiders that own company stock include Ernest C Garcia II, Gerard J Michel, Gil Aharon, John Purpura, Rosalind Advisors, Inc and Steven A J Salamon.
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Shares of DCTH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DCTH stock can currently be purchased for approximately $7.95.

Delcath Systems (NASDAQ:DCTH) has a market capitalization of $84.43 million and generates $2.72 million in revenue each year. The company earns $-36,510,000.00 in net income (profit) each year or ($3.73) on an earnings per share basis.

Delcath Systems' mailing address is 1633 BROADWAY SUITE 22C, NEW YORK NY, 10019. The official website for the company is delcath.com. The company can be reached via phone at 212-489-2100, via email at investorrelations@delcath.com, or via fax at 212-489-2102.