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Why Is Acadia (ACAD) Down 11.1% Since Last Earnings Report?

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A month has gone by since the last earnings report for Acadia Pharmaceuticals (ACAD - Free Report) . Shares have lost about 11.1% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Acadia due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, fresh estimates have trended downward during the past month.

The consensus estimate has shifted -62.99% due to these changes.

VGM Scores

Currently, Acadia has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Acadia has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

Acadia belongs to the Zacks Medical - Biomedical and Genetics industry. Another stock from the same industry, Halozyme Therapeutics (HALO - Free Report) , has gained 11.8% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.

Halozyme Therapeutics reported revenues of $298.01 million in the last reported quarter, representing a year-over-year change of +29.6%. EPS of $1.26 for the same period compares with $0.82 a year ago.

For the current quarter, Halozyme Therapeutics is expected to post earnings of $0.98 per share, indicating a change of +24.1% from the year-ago quarter. The Zacks Consensus Estimate has changed +1.3% over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Halozyme Therapeutics. Also, the stock has a VGM Score of B.


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