Alnylam Pharmaceuticals, Inc. (ALNY) Expected to Post Earnings of -$1.18 Per Share

Brokerages predict that Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) will report earnings per share (EPS) of ($1.18) for the current quarter, according to Zacks. Four analysts have issued estimates for Alnylam Pharmaceuticals’ earnings. The lowest EPS estimate is ($1.39) and the highest is ($0.80). Alnylam Pharmaceuticals posted earnings per share of ($1.25) in the same quarter last year, which suggests a positive year-over-year growth rate of 5.6%. The company is scheduled to announce its next quarterly earnings report on Friday, May 4th.

According to Zacks, analysts expect that Alnylam Pharmaceuticals will report full-year earnings of ($5.77) per share for the current fiscal year, with EPS estimates ranging from ($5.90) to ($5.71). For the next year, analysts expect that the company will post earnings of ($4.00) per share, with EPS estimates ranging from ($5.02) to ($3.28). Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Alnylam Pharmaceuticals.

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Alnylam Pharmaceuticals (NASDAQ:ALNY) last issued its earnings results on Thursday, February 8th. The biopharmaceutical company reported ($1.48) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.38) by ($0.10). The business had revenue of $37.90 million for the quarter, compared to analyst estimates of $19.31 million. Alnylam Pharmaceuticals had a negative return on equity of 41.08% and a negative net margin of 545.95%. The firm’s revenue was up 116.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.32) EPS.

Several research firms have recently issued reports on ALNY. B. Riley lowered their price objective on Alnylam Pharmaceuticals from $205.00 to $200.00 and set a “buy” rating for the company in a research note on Friday, February 16th. Credit Suisse Group set a $151.00 price objective on Alnylam Pharmaceuticals and gave the company a “buy” rating in a research note on Friday, February 9th. Jefferies Group set a $156.00 price objective on Alnylam Pharmaceuticals and gave the company a “buy” rating in a research note on Friday, February 9th. Chardan Capital reaffirmed a “buy” rating on shares of Alnylam Pharmaceuticals in a research note on Friday, January 19th. Finally, Piper Jaffray reaffirmed a “buy” rating and issued a $182.00 price objective on shares of Alnylam Pharmaceuticals in a research note on Sunday, January 7th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $134.15.

Shares of NASDAQ ALNY opened at $98.08 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 12.23 and a quick ratio of 12.23. The stock has a market cap of $9,749.68, a price-to-earnings ratio of -18.10 and a beta of 2.68. Alnylam Pharmaceuticals has a 12 month low of $48.19 and a 12 month high of $153.99.

In other Alnylam Pharmaceuticals news, COO Yvonne Greenstreet sold 7,221 shares of the stock in a transaction that occurred on Monday, March 26th. The shares were sold at an average price of $136.54, for a total transaction of $985,955.34. Following the completion of the sale, the chief operating officer now owns 7,221 shares of the company’s stock, valued at approximately $985,955.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Laurie Keating sold 20,000 shares of the stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $145.00, for a total transaction of $2,900,000.00. Following the sale, the senior vice president now directly owns 24,500 shares of the company’s stock, valued at approximately $3,552,500. The disclosure for this sale can be found here. Insiders have sold a total of 198,620 shares of company stock valued at $28,404,143 in the last three months. Insiders own 3.70% of the company’s stock.

Several institutional investors have recently bought and sold shares of the business. Xact Kapitalforvaltning AB bought a new position in shares of Alnylam Pharmaceuticals during the 4th quarter worth approximately $1,819,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp bought a new position in shares of Alnylam Pharmaceuticals during the 4th quarter worth approximately $4,384,000. Alkeon Capital Management LLC bought a new position in shares of Alnylam Pharmaceuticals during the 4th quarter worth approximately $635,000. Macquarie Group Ltd. boosted its holdings in shares of Alnylam Pharmaceuticals by 214.5% during the 4th quarter. Macquarie Group Ltd. now owns 40,926 shares of the biopharmaceutical company’s stock worth $5,200,000 after buying an additional 27,914 shares in the last quarter. Finally, Vident Investment Advisory LLC bought a new position in shares of Alnylam Pharmaceuticals during the 4th quarter worth approximately $262,000. Hedge funds and other institutional investors own 91.99% of the company’s stock.

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About Alnylam Pharmaceuticals

Alnylam Pharmaceuticals, Inc is a biopharmaceutical company. The Company is engaged in the discovery, development and commercialization of ribonucleic acid (RNA) interference (RNAi) therapeutics. The Company is focused on the use of its N-acetylgalactosamine (GalNAc)-conjugate platform for delivery of small interfering RNAs (siRNAs).

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Earnings History and Estimates for Alnylam Pharmaceuticals (NASDAQ:ALNY)

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