SAB Biotherapeutics, Inc. (NASDAQ:SABS) Given Average Recommendation of “Moderate Buy” by Analysts

SAB Biotherapeutics, Inc. (NASDAQ:SABSGet Free Report) has earned an average recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $12.00.

Several equities analysts have recently weighed in on SABS shares. HC Wainwright reiterated a “buy” rating and set a $10.00 price objective on shares of SAB Biotherapeutics in a report on Monday, June 15th. Chardan Capital raised their price objective on shares of SAB Biotherapeutics from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Rodman & Renshaw reaffirmed a “buy” rating and issued a $13.00 price objective on shares of SAB Biotherapeutics in a research note on Monday, May 11th. Barclays began coverage on shares of SAB Biotherapeutics in a research note on Wednesday. They issued an “overweight” rating and a $13.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of SAB Biotherapeutics in a research note on Friday, April 10th.

Get Our Latest Analysis on SABS

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. bought a new position in shares of SAB Biotherapeutics in the first quarter valued at $29,000. ADAR1 Capital Management LLC bought a new position in shares of SAB Biotherapeutics in the third quarter valued at $30,000. Dimensional Fund Advisors LP bought a new position in shares of SAB Biotherapeutics in the third quarter valued at $32,000. State of Wyoming bought a new position in shares of SAB Biotherapeutics in the fourth quarter valued at $34,000. Finally, Virtu Financial LLC bought a new position in shares of SAB Biotherapeutics in the third quarter valued at $40,000. 7.82% of the stock is owned by institutional investors.

SAB Biotherapeutics Price Performance

Shares of NASDAQ SABS opened at $3.80 on Monday. The firm’s 50-day moving average price is $3.70 and its 200-day moving average price is $3.85. SAB Biotherapeutics has a 1-year low of $1.67 and a 1-year high of $6.60. The firm has a market capitalization of $290.55 million, a P/E ratio of -1.80 and a beta of 0.54. The company has a current ratio of 11.45, a quick ratio of 11.45 and a debt-to-equity ratio of 0.01.

SAB Biotherapeutics (NASDAQ:SABSGet Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.15). Equities research analysts anticipate that SAB Biotherapeutics will post -1.19 earnings per share for the current fiscal year.

SAB Biotherapeutics Company Profile

(Get Free Report)

SAB Biotherapeutics, Inc is a clinical-stage biotechnology company headquartered in Sioux Falls, South Dakota, that focuses on developing fully human polyclonal antibody therapeutics. The company’s proprietary platform, known as Tc Bovine®, uses genetically engineered cattle to generate large quantities of human antibodies tailored to target specific infectious agents or disease-related antigens. This approach is designed to combine the broad-spectrum coverage of polyclonal antibody therapies with the scalability and consistency required for clinical development and commercial use.

The company’s lead programs are directed primarily at infectious diseases.

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Analyst Recommendations for SAB Biotherapeutics (NASDAQ:SABS)

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