Vanda Pharmaceuticals (VNDA) to Release Earnings on Thursday

Vanda Pharmaceuticals (NASDAQ:VNDAGet Free Report) is expected to release its earnings data before the market opens on Thursday, February 13th. Analysts expect Vanda Pharmaceuticals to post earnings of ($0.11) per share and revenue of $52.25 million for the quarter.

Vanda Pharmaceuticals Price Performance

Shares of Vanda Pharmaceuticals stock opened at $4.69 on Friday. The business has a fifty day simple moving average of $4.66 and a two-hundred day simple moving average of $4.92. Vanda Pharmaceuticals has a 1 year low of $3.61 and a 1 year high of $6.75. The company has a market capitalization of $273.47 million, a price-to-earnings ratio of -16.75 and a beta of 0.74.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. StockNews.com began coverage on shares of Vanda Pharmaceuticals in a report on Wednesday. They set a “hold” rating for the company. HC Wainwright reissued a “buy” rating and set a $18.00 target price on shares of Vanda Pharmaceuticals in a report on Tuesday.

Check Out Our Latest Stock Analysis on VNDA

Insider Transactions at Vanda Pharmaceuticals

In other Vanda Pharmaceuticals news, Director Stephen Ray Mitchell sold 5,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $5.17, for a total transaction of $25,850.00. Following the transaction, the director now directly owns 44,857 shares in the company, valued at approximately $231,910.69. This represents a 10.03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 8.90% of the stock is owned by company insiders.

About Vanda Pharmaceuticals

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Vanda Pharmaceuticals Inc, a biopharmaceutical company, focuses on the development and commercialization of therapies to address high unmet medical needs worldwide. The company’s marketed products include HETLIOZ to treat non-24-hour sleep-wake disorders; and Fanapt oral tablets for the treatment of schizophrenia.

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Earnings History for Vanda Pharmaceuticals (NASDAQ:VNDA)

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