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Published: Sun, January 01, 2017
Business | By Patricia Jimenez

Analysts Recommendation and Rating Review: Cempra Inc (NASDAQ:CEMP)


Shares of Cempra have gained 8.7% to $2.83 at 12:46 p.m. today. On Dec 15, 2015, David W. Oldach (Chief Medical Officer) sold 10,000 shares at $30.17 per share price, according to the Form-4 filing with the securities and exchange commission.

Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 5 analysts of Thomson Reuters, 19 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Cempra Inc was Downgraded by Needham to " Hold" on Nov 11, 2016.

Utd Serv Automobile Association holds 0.01% of its portfolio in Cempra Inc (NASDAQ:CEMP) for 126,100 shares. Cempra Inc (NASDAQ:CEMP)'s highest estimates of price target are $40 and low forecast is $2 based on the opinion of 13 analysts. This indicates more downside for the $144.87 million company. Current stock price is in the upbeat territory taking into account of 20 days moving average with -8.67% and continued bullish run for 50 days moving average with -39.04%.

Cempra (NASDAQ:CEMP) last issued its earnings results on Thursday, October 27th. Return on Equity (ROE) stands at -59.9% and Return on Investment (ROI) of -64.7 percent. The business had revenue of $4 million for the quarter, compared to analysts' expectations of $3.90 million. The company's revenue was up 60.0% on a year-over-year basis. Analysts mean target price for Cempra, Inc. More interesting news about Cempra Inc (NASDAQ:CEMP) were released by: Schaeffersresearch.com and their article: "Call Buyers Blast Cempra Inc (CEMP) Ahead of Key FDA Decision" published on December 28, 2016 as well as Prnewswire.com's news article titled: "CEMPRA INC". If you are reading this news story on another website, it was illegally copied and reposted in violation of United States & global copyright law. The firm rating was decreased by equity research analysts at Roth Capital to "Neutral".

Large investors have recently modified their holdings of the stock.

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In Cempra, Inc. (NASDAQ:CEMP)'s latest quarter, EPS moved to $-0.62 from $-0.51 in preceding quarter and revenues reached at $3.97M compared to $3.42M.

Cempra, Inc. (NASDAQ:CEMP) has the market capitalization of $304.08 Million.

The 52-week high of the share price is -95.82% and 52-week low of the share price is 13.05%. A year ago the company's sales were $5.79M. BlackRock Fund Advisors boosted its stake in shares of Cempra by 14.1% in the third quarter. Harvey Capital Management Inc. now owns 109,950 shares of the company's stock valued at $1,813,000 after buying an additional 6,000 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale increased its stake in shares of Cempra by 7.9% in the second quarter.

Beta factor of the stock stands at 1.77.

Other hedge funds have also added to or reduced their stakes in the company.

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