We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Immunocore Holdings PLC Sponsored ADR (IMCR) Gains But Lags Market: What You Should Know
Read MoreHide Full Article
In the latest trading session, Immunocore Holdings PLC Sponsored ADR (IMCR - Free Report) closed at $53.51, marking a +1.61% move from the previous day. This change lagged the S&P 500's 1.76% gain on the day. At the same time, the Dow added 1.17%, and the tech-heavy Nasdaq gained 3.03%.
Prior to today's trading, shares of the company had lost 18.4% over the past month. This has lagged the Medical sector's loss of 4.26% and the S&P 500's loss of 5.94% in that time.
Wall Street will be looking for positivity from Immunocore Holdings PLC Sponsored ADR as it approaches its next earnings report date. The company is expected to report EPS of -$0.29, up 39.58% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $46.03 million, up 55.72% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$1.12 per share and revenue of $202.4 million, which would represent changes of -2.75% and +15.63%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Immunocore Holdings PLC Sponsored ADR. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 57.72% lower. Immunocore Holdings PLC Sponsored ADR is currently a Zacks Rank #3 (Hold).
The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 96, which puts it in the top 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Immunocore Holdings PLC Sponsored ADR (IMCR) Gains But Lags Market: What You Should Know
In the latest trading session, Immunocore Holdings PLC Sponsored ADR (IMCR - Free Report) closed at $53.51, marking a +1.61% move from the previous day. This change lagged the S&P 500's 1.76% gain on the day. At the same time, the Dow added 1.17%, and the tech-heavy Nasdaq gained 3.03%.
Prior to today's trading, shares of the company had lost 18.4% over the past month. This has lagged the Medical sector's loss of 4.26% and the S&P 500's loss of 5.94% in that time.
Wall Street will be looking for positivity from Immunocore Holdings PLC Sponsored ADR as it approaches its next earnings report date. The company is expected to report EPS of -$0.29, up 39.58% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $46.03 million, up 55.72% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$1.12 per share and revenue of $202.4 million, which would represent changes of -2.75% and +15.63%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Immunocore Holdings PLC Sponsored ADR. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 57.72% lower. Immunocore Holdings PLC Sponsored ADR is currently a Zacks Rank #3 (Hold).
The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 96, which puts it in the top 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.