NASDAQ:EIGR

Eiger BioPharmaceuticals (EIGR) Stock Forecast, Price & News

$0.36

0.00 (0.00%)

(As of 09/22/2023 ET)

Compare

Today's Range: $0.36
▼
$0.40
50-Day Range: $0.36
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$0.93
52-Week Range: $0.30
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$8.35

Volume: 228,696 shs
Average Volume: 434,916 shs
Market Capitalization: $15.95 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.67

Eiger BioPharmaceuticals MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 1,474.1% Upside
$5.67 Price Target
Short Interest: Healthy
2.84% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.65
Upright™ Environmental Score
News Sentiment: 0.25
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.40) to ($0.19) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Medical Sector

239th out of 963 stocks

Biological Products, Except Diagnostic Industry

32nd out of 158 stocks

3.5

Analyst's Opinion

Consensus Rating
Eiger BioPharmaceuticals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.67, Eiger BioPharmaceuticals has a forecasted upside of 1,474.1% from its current price of $0.36.
Amount of Analyst Coverage
Eiger BioPharmaceuticals has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.84% of the outstanding shares of Eiger BioPharmaceuticals have been sold short.
Short Interest Ratio / Days to Cover
Eiger BioPharmaceuticals has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Eiger BioPharmaceuticals has recently increased by 4.13%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Eiger BioPharmaceuticals does not currently pay a dividend.
Dividend Growth
Eiger BioPharmaceuticals does not have a long track record of dividend growth.

4.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Eiger BioPharmaceuticals has received a 61.42% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Lonafarnib" and "Clinical research services for physical health" products. See details.
Environmental Sustainability
The Environmental Impact score for Eiger BioPharmaceuticals is -1.65.

1.8

News and Social Media Coverage

News Sentiment
Eiger BioPharmaceuticals has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Eiger BioPharmaceuticals this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for EIGR on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
4 people have added Eiger BioPharmaceuticals to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Eiger BioPharmaceuticals insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.54% of the stock of Eiger BioPharmaceuticals is held by insiders.
Percentage Held by Institutions
62.46% of the stock of Eiger BioPharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Eiger BioPharmaceuticals are expected to grow in the coming year, from ($1.40) to ($0.19) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Eiger BioPharmaceuticals is -0.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Eiger BioPharmaceuticals is -0.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Eiger BioPharmaceuticals has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Eiger BioPharmaceuticals (NASDAQ:EIGR) Stock

Eiger BioPharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the development and commercialization of targeted therapies for rare and ultra-rare diseases in the United States and internationally. Its lead product candidate is Lonafarnib, an orally bioavailable, small molecule, which is in Phase III clinical trials to treat hepatitis delta virus infection. The company's product candidate also include Lambda, which targets type III interferon receptors that has completed Phase II clinical trials; Lonafarnib for the treatment of progeria and progeroid laminopathies; and Avexitide for the treatment of congenital hyperinsulinism, as well as has completed Phase II clinical trials to treat post-bariatric hypoglycemia. Eiger BioPharmaceuticals, Inc. was founded in 2008 and is headquartered in Palo Alto, California.

EIGR Price History

30 days | 90 days | 365 days | Advanced Chart

EIGR Stock News Headlines

September 23, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Eiger BioPharmaceuticals (NASDAQ:EIGR)

September 20, 2023 | americanbankingnews.com

Eiger BioPharmaceuticals (NASDAQ:EIGR) Stock Crosses Below 200-Day Moving Average of $0.92

September 24, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...

September 15, 2023 | markets.businessinsider.com

Analysts Are Bullish on These Healthcare Stocks: Ocular Therapeutix (OCUL), Eiger Biopharmaceuticals (EIGR)

September 13, 2023 | marketwatch.com

Eiger BioPharmaceuticals Shares Hit New Lows After Scrapped Hepatitis D Study

September 13, 2023 | markets.businessinsider.com

Eiger To Discontinue Peginterferon Lambda Trial In CHD Patients; Stock Down In Premarket

September 13, 2023 | msn.com

Why Is Hepatitis Player Eiger BioPharma Stock Trading Lower Today?

September 13, 2023 | investorplace.com

Why Is Eiger BioPharmaceuticals (EIGR) Stock Down 31% Today?

September 24, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

September 13, 2023 | reuters.com

Eiger to discontinue late-stage hepatitis drug study over safety concerns

September 12, 2023 | news.yahoo.com

Eiger to discontinue hepatitis drug study over safety concerns

September 12, 2023 | marketwatch.com

Eiger BioPharmaceuticals to Discontinue Chronic Hepatitis Delta Study, Ends Licensing Talks

September 12, 2023 | seekingalpha.com

Eiger to stop late stage trial in hepatitis D patients, stock slumps ~36% after hours

September 12, 2023 | finance.yahoo.com

UPDATE 1-Eiger to discontinue hepatitis drug study over safety concerns

September 12, 2023 | reuters.com

Eiger to discontinue hepatitis drug study

August 30, 2023 | markets.businessinsider.com

Citi Sticks to Their Buy Rating for Eiger Biopharmaceuticals (EIGR)

August 15, 2023 | finanznachrichten.de

Eiger BioPharmaceuticals, Inc.: Eiger BioPharmaceuticals Reports Second Quarter 2023 Financial Results and Provides Business Update

August 15, 2023 | markets.businessinsider.com

Analysts Offer Insights on Healthcare Companies: Eiger Biopharmaceuticals (EIGR) and Atossa Therapeutics (ATOS)

August 14, 2023 | markets.businessinsider.com

Eiger BioPharmaceuticals Reports Second Quarter 2023 Financial Results and Provides Business Update

August 3, 2023 | yahoo.com

Freewell Eiger matte box aims to transform your filmmaking

July 6, 2023 | msn.com

Eiger BioPharmaceuticals (EIGR) Price Target Decreased by 59.60% to 3.40

July 1, 2023 | msn.com

Baird Maintains Eiger BioPharmaceuticals (EIGR) Outperform Recommendation

June 30, 2023 | markets.businessinsider.com

Potential Upside For Eiger's Avexitide In Both PBH And CHI Indications: Analyst

June 29, 2023 | msn.com

Eiger cuts 25% of staff in portfolio reorganization

June 29, 2023 | msn.com

Eiger BioPharmaceuticals Makes Interim CEO Permanent, It Chalks Out Portfolio Prioritization Review, Layoffs

June 29, 2023 | markets.businessinsider.com

Eiger Biopharmaceuticals (EIGR) Gets a Buy from Ladenburg Thalmann & Co.

June 28, 2023 | finance.yahoo.com

Eiger BioPharmaceuticals to Host Business Update Call Tomorrow

See More Headlines

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EIGR Company Calendar

Last Earnings: 8/14/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Biological products, except diagnostic
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:EIGR
CUSIP: N/A
CIK: 1305253
Web: www.eigerbio.com
Phone: (650) 272-6138
Fax: 650-618-1621
Employees: 56
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $5.67
High Stock Price Forecast: $9.00
Low Stock Price Forecast: $3.00
Forecasted Upside/Downside: +1,474.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.18)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-96,780,000.00
Net Margins: -618.36%
Pretax Margin: -618.35%
Return on Equity: -207.93%
Return on Assets: -87.93%

Debt

Debt-to-Equity Ratio: 2.64
Current Ratio: 4.22
Quick Ratio: 4.15

Sales & Book Value

Annual Sales: $13.48 million
Price / Sales: 1.18
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.25 per share
Price / Book: 0.29

Miscellaneous

Outstanding Shares: 44,300,000
Free Float: 42,728,000
Market Cap: $15.95 million
Optionable: Not Optionable
Beta: 1.64

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Key Executives

Dr. David Apelian M.B.A. (Age 58)
M.D., MBA, Ph.D., CEO & Director
Comp: $204.39k

Dr. Jeffrey S. Glenn M.D. (Age 60)
Ph.D., Scientific Founder & Independent Director
Comp: $67k

Mr. Eldon C. Mayer III (Age 62)
M.B.A., Chief Commercial Officer
Comp: $586.96k

Mr. William G. Kaichoff CPA (Age 57)
CPA, CFO and Principal Financial & Accounting Officer

Mr. Christopher A. Kurtz (Age 56)
Chief Technical Officer

Mr. James Vollins J.D. (Age 54)
Gen. Counsel, Chief Compliance Officer & Corp. Sec.

Dr. Ingrid C. Choong
Sr. VP of Clinical Devel.

Dr. Colin Hislop M.D. (Age 65)
MBBS, Sr. VP of Clinical & Devel. Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

EIGR Stock - Frequently Asked Questions

Should I buy or sell Eiger BioPharmaceuticals stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eiger BioPharmaceuticals 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" EIGR shares.
View EIGR analyst ratings or view top-rated stocks.
What is Eiger BioPharmaceuticals' stock price forecast for 2023?: 2 Wall Street analysts have issued 1-year target prices for Eiger BioPharmaceuticals' stock. Their EIGR share price forecasts range from $3.00 to $9.00. On average, they anticipate the company's share price to reach $5.67 in the next year. This suggests a possible upside of 1,474.1% from the stock's current price.
View analysts price targets for EIGR or view top-rated stocks among Wall Street analysts.
How have EIGR shares performed in 2023?: Eiger BioPharmaceuticals' stock was trading at $1.18 on January 1st, 2023. Since then, EIGR shares have decreased by 69.5% and is now trading at $0.36.
View the best growth stocks for 2023 here.
When is Eiger BioPharmaceuticals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our EIGR earnings forecast.
How were Eiger BioPharmaceuticals' earnings last quarter?: Eiger BioPharmaceuticals, Inc. (NASDAQ:EIGR) released its quarterly earnings results on Monday, August, 14th. The biotechnology company reported ($0.47) earnings per share for the quarter. The biotechnology company had revenue of $4.64 million for the quarter. Eiger BioPharmaceuticals had a negative net margin of 618.36% and a negative trailing twelve-month return on equity of 207.93%.
What ETF holds Eiger BioPharmaceuticals' stock ?: Simplify Propel Opportunities ETF holds 1,099,653 shares of EIGR stock, representing 0.75% of its portfolio.

What other stocks do shareholders of Eiger BioPharmaceuticals own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Eiger BioPharmaceuticals investors own include Achillion Pharmaceuticals (ACHN), Gilead Sciences (GILD), Skyworks Solutions (SWKS), ZIOPHARM Oncology (ZIOP), Amarin (AMRN), Celldex Therapeutics (CLDX), Catalyst Pharmaceuticals (CPRX), Exelixis (EXEL), SCYNEXIS (SCYX) and Sangamo Therapeutics (SGMO).
What is Eiger BioPharmaceuticals' stock symbol?: Eiger BioPharmaceuticals trades on the NASDAQ under the ticker symbol "EIGR."
Who are Eiger BioPharmaceuticals' major shareholders?: Eiger BioPharmaceuticals' stock is owned by a number of retail and institutional investors. Top institutional shareholders include 683 Capital Management LLC (8.47%), BlackRock Inc. (2.12%), RBF Capital LLC (0.88%), Geode Capital Management LLC (0.86%), DAVENPORT & Co LLC (0.47%) and Acadian Asset Management LLC (0.47%). Insiders that own company stock include David Apelian, Eldon C Mayer III, Evan Loh, Sriram Ryali and Thomas John Dietz.
View institutional ownership trends.
How do I buy shares of Eiger BioPharmaceuticals?: Shares of EIGR 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.
Compare Top Brokerages Here.
What is Eiger BioPharmaceuticals' stock price today?: One share of EIGR stock can currently be purchased for approximately $0.36.
How much money does Eiger BioPharmaceuticals make?: Eiger BioPharmaceuticals (NASDAQ:EIGR) has a market capitalization of $15.95 million and generates $13.48 million in revenue each year. The biotechnology company earns $-96,780,000.00 in net income (profit) each year or ($2.18) on an earnings per share basis.
How can I contact Eiger BioPharmaceuticals?: Eiger BioPharmaceuticals' mailing address is 2155 PARK BOULEVARD, PALO ALTO CA, 94306. The official website for the company is www.eigerbio.com. The biotechnology company can be reached via phone at (650) 272-6138, via email at ichoong@eigerbio.com, or via fax at 650-618-1621.

This page (NASDAQ:EIGR) was last updated on 9/24/2023 by MarketBeat.com Staff

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