FY2025 EPS Estimates for SIGA Technologies, Inc. Lifted by Analyst (NASDAQ:SIGA)

SIGA Technologies, Inc. (NASDAQ:SIGA) – Edison Inv. Res upped their FY2025 earnings per share (EPS) estimates for SIGA Technologies in a research report issued on Monday, August 5th. Edison Inv. Res analyst S. Romanoff now expects that the company will earn $1.25 per share for the year, up from their previous forecast of $1.07. The consensus estimate for SIGA Technologies’ current full-year earnings is $1.01 per share.

SIGA Technologies Price Performance

SIGA stock traded down $0.49 on Thursday, reaching $8.69. 405,108 shares of the company were exchanged, compared to its average volume of 694,325. SIGA Technologies has a 12 month low of $4.22 and a 12 month high of $10.83. The stock’s fifty day moving average price is $8.24 and its 200 day moving average price is $7.50. The firm has a market capitalization of $620.21 million, a PE ratio of 7.90 and a beta of 0.94.

SIGA Technologies (NASDAQ:SIGA) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $21.81 million during the quarter. SIGA Technologies had a net margin of 48.55% and a return on equity of 51.40%. During the same period in the previous year, the firm posted ($0.04) EPS.

Institutional Trading of SIGA Technologies

Several hedge funds have recently modified their holdings of SIGA. American Century Companies Inc. raised its holdings in SIGA Technologies by 251.2% in the second quarter. American Century Companies Inc. now owns 841,759 shares of the company’s stock worth $6,389,000 after purchasing an additional 602,091 shares during the period. First Wilshire Securities Management Inc. grew its stake in SIGA Technologies by 14.4% in the fourth quarter. First Wilshire Securities Management Inc. now owns 2,362,107 shares of the company’s stock valued at $13,228,000 after acquiring an additional 297,095 shares during the period. Denali Advisors LLC bought a new stake in shares of SIGA Technologies in the second quarter worth about $1,815,000. Campbell & CO Investment Adviser LLC increased its holdings in shares of SIGA Technologies by 453.4% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 218,953 shares of the company’s stock worth $1,226,000 after acquiring an additional 179,388 shares in the last quarter. Finally, Hillsdale Investment Management Inc. acquired a new stake in shares of SIGA Technologies during the first quarter worth about $1,367,000. Institutional investors and hedge funds own 55.40% of the company’s stock.

About SIGA Technologies

SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security related markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. The company was incorporated in 1995 and is headquartered in New York, New York.