We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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.
Siga Technologies Inc. (SIGA) Outpaces Stock Market Gains: What You Should Know
Read MoreHide Full Article
Siga Technologies Inc. (SIGA - Free Report) closed the most recent trading day at $6.78, moving +1.19% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.32% for the day. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.26%.
Prior to today's trading, shares of the company had gained 6.35% outpaced the Medical sector's loss of 3.4% and the S&P 500's gain of 4.51%.
The investment community will be paying close attention to the earnings performance of Siga Technologies Inc. in its upcoming release.
For the full year, the Zacks Consensus Estimates project earnings of $0.13 per share and a revenue of $184.36 million, demonstrating changes of -84.15% and +32.97%, respectively, from the preceding year.
Any recent changes to analyst estimates for Siga Technologies Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, Siga Technologies Inc. holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Siga Technologies Inc. is currently exchanging hands at a Forward P/E ratio of 51.54. This valuation marks a premium compared to its industry average Forward P/E of 13.09.
The Medical - Drugs 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 individual 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Siga Technologies Inc. (SIGA) Outpaces Stock Market Gains: What You Should Know
Siga Technologies Inc. (SIGA - Free Report) closed the most recent trading day at $6.78, moving +1.19% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.32% for the day. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.26%.
Prior to today's trading, shares of the company had gained 6.35% outpaced the Medical sector's loss of 3.4% and the S&P 500's gain of 4.51%.
The investment community will be paying close attention to the earnings performance of Siga Technologies Inc. in its upcoming release.
For the full year, the Zacks Consensus Estimates project earnings of $0.13 per share and a revenue of $184.36 million, demonstrating changes of -84.15% and +32.97%, respectively, from the preceding year.
Any recent changes to analyst estimates for Siga Technologies Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, Siga Technologies Inc. holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Siga Technologies Inc. is currently exchanging hands at a Forward P/E ratio of 51.54. This valuation marks a premium compared to its industry average Forward P/E of 13.09.
The Medical - Drugs 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 individual 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.