Emergent Biosolutions (EBS) Receiving Somewhat Negative News Coverage, Accern Reports

Media stories about Emergent Biosolutions (NYSE:EBS) have been trending somewhat negative on Thursday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Emergent Biosolutions earned a daily sentiment score of -0.02 on Accern’s scale. Accern also assigned media stories about the biopharmaceutical company an impact score of 46.9135668653555 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Emergent Biosolutions (NYSE EBS) opened at $49.83 on Thursday. The company has a market capitalization of $2,050.00, a P/E ratio of 31.14, a PEG ratio of 0.99 and a beta of 1.29. The company has a quick ratio of 6.46, a current ratio of 7.37 and a debt-to-equity ratio of 0.38. Emergent Biosolutions has a twelve month low of $27.94 and a twelve month high of $50.14.

Emergent Biosolutions (NYSE:EBS) last released its quarterly earnings data on Thursday, November 2nd. The biopharmaceutical company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.41 by $0.32. The company had revenue of $149.43 million during the quarter, compared to the consensus estimate of $124.55 million. Emergent Biosolutions had a return on equity of 15.20% and a net margin of 15.60%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.56 EPS. analysts forecast that Emergent Biosolutions will post 1.66 earnings per share for the current year.

EBS has been the subject of a number of recent research reports. Zacks Investment Research raised Emergent Biosolutions from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a research report on Wednesday, October 25th. Wells Fargo & Co reissued an “outperform” rating and issued a $43.00 price objective (up previously from $41.00) on shares of Emergent Biosolutions in a report on Saturday, September 30th. Finally, Chardan Capital increased their price objective on Emergent Biosolutions from $47.00 to $53.00 and gave the company a “buy” rating in a report on Tuesday.

In other news, CEO Daniel Abdun-Nabi sold 31,508 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $42.77, for a total value of $1,347,597.16. Following the completion of the sale, the chief executive officer now owns 215,642 shares of the company’s stock, valued at approximately $9,223,008.34. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Fuad El-Hibri sold 47,983 shares of the stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $41.88, for a total value of $2,009,528.04. Following the completion of the sale, the chairman now directly owns 1,550,216 shares of the company’s stock, valued at approximately $64,923,046.08. The disclosure for this sale can be found here. In the last three months, insiders sold 206,329 shares of company stock valued at $8,892,362. 16.50% of the stock is currently owned by insiders.

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About Emergent Biosolutions

Emergent BioSolutions Inc is a life sciences company. The Company focuses on protecting and enhancing life by providing specialty products for civilian and military populations that address accidental, intentional and naturally emerging public health threats. It focuses on developing, manufacturing and commercializing medical countermeasures that address public health threats (PHTs).

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