Shares of Kura Oncology, Inc. (NASDAQ:KURA – Get Free Report) have been given a consensus rating of “Moderate Buy” by the thirteen research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $25.4615.
KURA has been the subject of several recent research reports. Lake Street Capital initiated coverage on Kura Oncology in a report on Tuesday, April 14th. They issued a “buy” rating and a $23.00 price target for the company. CLSA set a $24.00 price target on Kura Oncology in a report on Thursday, June 4th. Zacks Research raised Kura Oncology from a “strong sell” rating to a “hold” rating in a report on Thursday, February 26th. Wedbush cut their price target on Kura Oncology from $38.00 to $36.00 and set an “outperform” rating for the company in a report on Friday, March 6th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Kura Oncology in a report on Thursday, June 4th.
Check Out Our Latest Analysis on Kura Oncology
Hedge Funds Weigh In On Kura Oncology
Kura Oncology Price Performance
NASDAQ KURA opened at $9.05 on Monday. Kura Oncology has a twelve month low of $5.45 and a twelve month high of $12.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 6.14 and a current ratio of 6.15. The stock has a market capitalization of $803.37 million, a PE ratio of -2.70 and a beta of 0.36. The stock has a 50-day simple moving average of $9.31 and a 200 day simple moving average of $9.31.
Kura Oncology (NASDAQ:KURA – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.83) earnings per share for the quarter, topping the consensus estimate of ($0.88) by $0.05. Kura Oncology had a negative return on equity of 141.95% and a negative net margin of 411.19%.The business had revenue of $18.27 million during the quarter, compared to analysts’ expectations of $25.97 million. Research analysts anticipate that Kura Oncology will post -3.47 EPS for the current year.
Kura Oncology Company Profile
Kura Oncology, Inc (NASDAQ: KURA) is a clinical-stage biopharmaceutical company focused on the discovery and development of targeted oncology therapies. Headquartered in La Jolla, California, the company leverages expertise in molecular biology and precision medicine to identify key drivers of cancer growth and design small-molecule inhibitors that block those pathways. Kura’s research platform integrates genomic insights with medicinal chemistry to advance candidates against well-validated targets in solid tumors and hematologic malignancies.
The company’s lead clinical candidate, tipifarnib, is a farnesyltransferase inhibitor being evaluated for the treatment of HRAS-mutant head and neck squamous cell carcinoma and various non-small cell lung cancers.
Recommended Stories
- Five stocks we like better than Kura Oncology
- Forget AI for a Moment, This Homebuilder Is Stealing the Show
- Qualcomm Drops 25%, But Investor Day Could Reverse the Slide
- Meta to Follow Alphabet’s Footsteps? What an Equity Raise Could Mean
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
Receive News & Ratings for Kura Oncology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kura Oncology and related companies with MarketBeat.com's FREE daily email newsletter.
