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CRISPR Therapeutics AG (CRSP) Rises Higher Than Market: Key Facts

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CRISPR Therapeutics AG (CRSP - Free Report) ended the recent trading session at $49.51, demonstrating a +1.43% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.11%. Elsewhere, the Dow saw a downswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.18%.

Heading into today, shares of the company had lost 18.65% over the past month, lagging the Medical sector's loss of 6.43% and the S&P 500's loss of 4.28%.

Analysts and investors alike will be keeping a close eye on the performance of CRISPR Therapeutics AG in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be -$1.15, reflecting a 27.22% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $7.32 million, showing a 741.03% escalation compared to the year-ago quarter.

For the full year, the Zacks Consensus Estimates are projecting earnings of -$4.9 per share and revenue of $33.1 million, which would represent changes of +24.27% and +842.88%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for CRISPR Therapeutics AG. 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.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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 moved 0.96% lower. CRISPR Therapeutics AG is currently a Zacks Rank #3 (Hold).

The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 145, finds itself in the bottom 41% echelons 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.

To follow CRSP in the coming trading sessions, be sure to utilize Zacks.com.

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