Kodiak Sciences (NASDAQ:KOD) Releases Earnings Results, Beats Estimates By $0.06 EPS

Kodiak Sciences (NASDAQ:KODGet Free Report) announced its earnings results on Thursday. The company reported ($0.84) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.90) by $0.06, Zacks reports.

Kodiak Sciences Stock Performance

Shares of NASDAQ KOD opened at $2.91 on Friday. The stock has a market capitalization of $153.14 million, a PE ratio of -0.80 and a beta of 2.26. Kodiak Sciences has a 52 week low of $2.19 and a 52 week high of $11.60. The stock has a 50 day moving average price of $4.85 and a 200 day moving average price of $5.40.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised shares of Kodiak Sciences from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Monday, December 9th.

Read Our Latest Report on Kodiak Sciences

About Kodiak Sciences

(Get Free Report)

Kodiak Sciences Inc, a clinical stage biopharmaceutical company, researches, develops, and commercializes therapeutics to treat retinal diseases. Its lead product candidate is tarcocimab tedromer (KSI-301), an anti-vascular endothelial growth factor antibody biopolymer that is in Phase IIb/III clinical study to treat wet age-related macular degeneration (AMD), as well as Phase III clinical study for the treatment of diabetic macular edema, naïve macular edema due to retinal vein occlusion, and non-proliferative diabetic retinopathy.

See Also

Earnings History for Kodiak Sciences (NASDAQ:KOD)

Receive News & Ratings for Kodiak Sciences Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kodiak Sciences and related companies with MarketBeat.com's FREE daily email newsletter.