Leerink Partnrs Forecasts Stronger Earnings for CureVac

CureVac (NASDAQ:CVACFree Report) – Stock analysts at Leerink Partnrs raised their FY2025 EPS estimates for shares of CureVac in a research note issued to investors on Wednesday, January 22nd. Leerink Partnrs analyst M. Foroohar now anticipates that the company will earn ($0.54) per share for the year, up from their prior estimate of ($0.60). The consensus estimate for CureVac’s current full-year earnings is $0.72 per share.

CureVac Trading Down 2.8 %

NASDAQ:CVAC opened at $3.85 on Friday. The firm’s fifty day moving average is $3.31 and its 200-day moving average is $3.19. The company has a debt-to-equity ratio of 0.05, a quick ratio of 6.19 and a current ratio of 6.20. CureVac has a 52 week low of $2.21 and a 52 week high of $5.28. The firm has a market cap of $861.94 million, a P/E ratio of 7.00 and a beta of 2.50.

Institutional Investors Weigh In On CureVac

A number of institutional investors have recently modified their holdings of CVAC. Private Advisor Group LLC bought a new stake in shares of CureVac in the 3rd quarter valued at $30,000. International Assets Investment Management LLC bought a new position in CureVac during the third quarter worth $35,000. Integrated Wealth Concepts LLC bought a new position in CureVac during the third quarter worth $35,000. Bank of New York Mellon Corp bought a new position in CureVac during the second quarter worth $54,000. Finally, Barclays PLC bought a new position in CureVac during the third quarter worth $67,000. 17.26% of the stock is owned by institutional investors.

About CureVac

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CureVac N.V., a biopharmaceutical company, focuses on developing various transformative medicines based on messenger ribonucleic acid (mRNA). It is developing prophylactic vaccines, such as mRNA-based vaccine candidates CV2CoV, which is in Phase 1 clinical trial against SARS-CoV-2; CV7202 which is in Phase 1 clinical trial for the treatment of rabies; and CVSQIV to treat multivalent seasonal influenza; Flu SV mRNA fot treating nucleotides, single antigen seasonal influenza.

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