Taysha Gene Therapies (TSHA) Projected to Post Earnings on Tuesday

Taysha Gene Therapies (NASDAQ:TSHA) is anticipated to announce its earnings results before the market opens on Tuesday, March 18th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $2.05 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Taysha Gene Therapies (NASDAQ:TSHA) last announced its quarterly earnings results on Wednesday, February 26th. The company reported ($0.07) EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.01. Taysha Gene Therapies had a negative return on equity of 106.36% and a negative net margin of 229.67%. The company had revenue of $2.02 million during the quarter, compared to analyst estimates of $2.05 million. On average, analysts expect Taysha Gene Therapies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Taysha Gene Therapies Stock Performance

Shares of TSHA stock opened at $1.72 on Friday. The stock has a fifty day moving average of $1.65 and a 200 day moving average of $1.94. Taysha Gene Therapies has a 52 week low of $1.19 and a 52 week high of $4.32. The firm has a market capitalization of $352.60 million, a price-to-earnings ratio of 2.73 and a beta of 0.91. The company has a quick ratio of 5.51, a current ratio of 5.51 and a debt-to-equity ratio of 0.48.

Analyst Ratings Changes

A number of analysts recently commented on TSHA shares. Chardan Capital reaffirmed a “buy” rating and issued a $7.00 price target on shares of Taysha Gene Therapies in a research note on Wednesday, February 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $6.00 price target on shares of Taysha Gene Therapies in a research note on Thursday, February 27th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Taysha Gene Therapies currently has a consensus rating of “Buy” and an average target price of $6.63.

Taysha Gene Therapies Company Profile

Taysha Gene Therapies, Inc, a gene therapy company, focuses on developing and commercializing adeno-associated virus-based gene therapies for the treatment of monogenic diseases of the central nervous system. It primarily develops TSHA-120 for the treatment of giant axonal neuropathy; TSHA-102 for the treatment of Rett syndrome; TSHA-121 for the treatment of CLN7 disease; TSHA-118 for the treatment of CLN1 disease; TSHA-105 for the treatment of for SLC13A5 deficiency; TSHA-113 for the treatment of tauopathies; TSHA-106 for the treatment of angelman syndrome; TSHA-114 for the treatment of fragile X syndrome; and TSHA-101 for the treatment of GM2 gangliosidosis.