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CRISPR Therapeutics AG (CRSP) Gains As Market Dips: What You Should Know
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CRISPR Therapeutics AG (CRSP - Free Report) closed at $55.68 in the latest trading session, marking a +0.27% move from the prior day. This move outpaced the S&P 500's daily loss of 2.77%. Meanwhile, the Dow lost 2.82%, and the Nasdaq, a tech-heavy index, lost 0.83%.
Heading into today, shares of the company had lost 13.77% over the past month, lagging the Medical sector's loss of 0.16% and the S&P 500's loss of 1.35% in that time.
CRISPR Therapeutics AG will be looking to display strength as it nears its next earnings release. On that day, CRISPR Therapeutics AG is projected to report earnings of -$1.91 per share, which would represent a year-over-year decline of 26.49%. Meanwhile, our latest consensus estimate is calling for revenue of $5.67 million, up 949.63% from the prior-year quarter.
CRSP's full-year Zacks Consensus Estimates are calling for earnings of -$7.69 per share and revenue of $119.24 million. These results would represent year-over-year changes of -263.62% and -86.97%, respectively.
Investors might also notice recent changes to analyst estimates for CRISPR Therapeutics AG. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. CRISPR Therapeutics AG is currently a Zacks Rank #4 (Sell).
The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 151, which puts it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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CRISPR Therapeutics AG (CRSP) Gains As Market Dips: What You Should Know
CRISPR Therapeutics AG (CRSP - Free Report) closed at $55.68 in the latest trading session, marking a +0.27% move from the prior day. This move outpaced the S&P 500's daily loss of 2.77%. Meanwhile, the Dow lost 2.82%, and the Nasdaq, a tech-heavy index, lost 0.83%.
Heading into today, shares of the company had lost 13.77% over the past month, lagging the Medical sector's loss of 0.16% and the S&P 500's loss of 1.35% in that time.
CRISPR Therapeutics AG will be looking to display strength as it nears its next earnings release. On that day, CRISPR Therapeutics AG is projected to report earnings of -$1.91 per share, which would represent a year-over-year decline of 26.49%. Meanwhile, our latest consensus estimate is calling for revenue of $5.67 million, up 949.63% from the prior-year quarter.
CRSP's full-year Zacks Consensus Estimates are calling for earnings of -$7.69 per share and revenue of $119.24 million. These results would represent year-over-year changes of -263.62% and -86.97%, respectively.
Investors might also notice recent changes to analyst estimates for CRISPR Therapeutics AG. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. CRISPR Therapeutics AG is currently a Zacks Rank #4 (Sell).
The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 151, which puts it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.