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CRISPR Therapeutics AG (CRSP) Falls More Steeply Than Broader Market: What Investors Need to Know
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CRISPR Therapeutics AG (CRSP - Free Report) ended the recent trading session at $49.21, demonstrating a -4.48% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 1.09%. Meanwhile, the Dow experienced a drop of 0.34%, and the technology-dominated Nasdaq saw a decrease of 2.15%.
Shares of the company have depreciated by 10.13% over the course of the past month, underperforming the Medical sector's gain of 2.68%, and the S&P 500's gain of 2.44%.
Investors will be eagerly watching for the performance of CRISPR Therapeutics AG in its upcoming earnings disclosure. In that report, analysts expect CRISPR Therapeutics AG to post earnings of -$1.07 per share. This would mark year-over-year growth of 8.55%. Simultaneously, our latest consensus estimate expects the revenue to be $9.95 million, showing a 1017.42% escalation compared to the year-ago quarter.
CRSP's full-year Zacks Consensus Estimates are calling for earnings of -$4.48 per share and revenue of $32.45 million. These results would represent year-over-year changes of +30.76% and +824.53%, respectively.
Investors might also notice 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.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.22% lower within the past month. At present, CRISPR Therapeutics AG boasts a Zacks Rank of #3 (Hold).
The Medical - Biomedical and Genetics industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 93, placing it within the top 38% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.
View the Zacks #1 Rank List
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CRISPR Therapeutics AG (CRSP) Falls More Steeply Than Broader Market: What Investors Need to Know
CRISPR Therapeutics AG (CRSP - Free Report) ended the recent trading session at $49.21, demonstrating a -4.48% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 1.09%. Meanwhile, the Dow experienced a drop of 0.34%, and the technology-dominated Nasdaq saw a decrease of 2.15%.
Shares of the company have depreciated by 10.13% over the course of the past month, underperforming the Medical sector's gain of 2.68%, and the S&P 500's gain of 2.44%.
Investors will be eagerly watching for the performance of CRISPR Therapeutics AG in its upcoming earnings disclosure. In that report, analysts expect CRISPR Therapeutics AG to post earnings of -$1.07 per share. This would mark year-over-year growth of 8.55%. Simultaneously, our latest consensus estimate expects the revenue to be $9.95 million, showing a 1017.42% escalation compared to the year-ago quarter.
CRSP's full-year Zacks Consensus Estimates are calling for earnings of -$4.48 per share and revenue of $32.45 million. These results would represent year-over-year changes of +30.76% and +824.53%, respectively.
Investors might also notice 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.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.22% lower within the past month. At present, CRISPR Therapeutics AG boasts a Zacks Rank of #3 (Hold).
The Medical - Biomedical and Genetics industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 93, placing it within the top 38% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.