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Bellerophon Therapeutics (BLPH) Stock Sinks As Market Gains: What You Should Know

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Bellerophon Therapeutics (BLPH - Free Report) closed at $10.04 in the latest trading session, marking a -0.4% move from the prior day. This change lagged the S&P 500's daily gain of 0.09%. Meanwhile, the Dow gained 0.07%, and the Nasdaq, a tech-heavy index, added 0.98%.

Heading into today, shares of the drug and medical device developer had gained 33.51% over the past month, outpacing the Medical sector's gain of 4.5% and the S&P 500's gain of 4.59% in that time.

Bellerophon Therapeutics will be looking to display strength as it nears its next earnings release. In that report, analysts expect Bellerophon Therapeutics to post earnings of -$0.48 per share. This would mark year-over-year growth of 18.64%.

Any recent changes to analyst estimates for Bellerophon Therapeutics should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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 has moved 10.65% lower. Bellerophon Therapeutics is currently sporting a Zacks Rank of #3 (Hold).

The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 80, which puts it in the top 32% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual 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.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


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