ProKidney Corp. (NASDAQ:PROK – Get Free Report) has earned an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $7.40.
PROK has been the subject of a number of research reports. Wall Street Zen lowered shares of ProKidney from a “sell” rating to a “strong sell” rating in a report on Saturday, May 16th. HC Wainwright reissued a “buy” rating and issued a $12.00 price target on shares of ProKidney in a report on Monday, May 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of ProKidney in a report on Tuesday, April 21st. Finally, Jefferies Financial Group raised shares of ProKidney to a “strong-buy” rating in a report on Wednesday, March 18th.
Read Our Latest Research Report on PROK
Institutional Trading of ProKidney
ProKidney Trading Down 0.6%
NASDAQ PROK opened at $1.66 on Friday. The firm has a market cap of $501.42 million, a price-to-earnings ratio of -3.13 and a beta of 1.64. The company has a 50 day moving average of $1.84 and a 200-day moving average of $2.06. ProKidney has a 1-year low of $0.54 and a 1-year high of $7.13.
ProKidney (NASDAQ:PROK – Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.01). The firm had revenue of $0.23 million for the quarter, compared to the consensus estimate of $0.10 million. On average, analysts forecast that ProKidney will post -0.49 earnings per share for the current year.
ProKidney Company Profile
ProKidney, Inc (NASDAQ: PROK) is a clinical-stage biotechnology company focused on developing cell-based therapies for kidney diseases. The company’s research and development activities center on harnessing human-derived proximal tubule cells to address conditions such as acute kidney injury (AKI) and chronic kidney disease (CKD). By targeting the underlying cellular mechanisms of renal injury and dysfunction, ProKidney aims to offer novel regenerative medicine approaches that go beyond current supportive care options.
ProKidney’s lead programs utilize proprietary methods for isolating and expanding renal epithelial cells to create injectable therapeutic products.
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