Analysts See $0.46 EPS for Suncor Energy Inc. (SU); Amarin PLC Has 1.22 Sentiment

Monday, 30 April 2018

Analysts See $0.46 EPS for Suncor Energy Inc. (SU); Amarin PLC Has 1.22 Sentiment

Amarin Corporation plc (NASDAQ:AMRN) Logo

Analysts expect Suncor Energy Inc. (NYSE:SU) to report $0.46 EPS on May, 1 after the close.They anticipate $0.09 EPS change or 24.32% from last quarter’s $0.37 EPS. SU’s profit would be $759.60M giving it 20.56 P/E if the $0.46 EPS is correct. After having $0.62 EPS previously, Suncor Energy Inc.’s analysts see -25.81% EPS growth. The stock decreased 2.07% or $0.8 during the last trading session, reaching $37.83. About 3.02 million shares traded. Suncor Energy Inc. (NYSE:SU) has risen 13.82% since April 30, 2017 and is uptrending. It has outperformed by 2.27% the S&P500.

Amarin Corp PLC (AMRN) investors sentiment decreased to 1.22 in Q4 2017. It’s down -0.26, from 1.48 in 2017Q3. The ratio worsened, as 45 investment professionals opened new or increased stock positions, while 37 sold and trimmed equity positions in Amarin Corp PLC. The investment professionals in our database now have: 110.54 million shares, up from 107.35 million shares in 2017Q3. Also, the number of investment professionals holding Amarin Corp PLC in top ten stock positions was flat from 3 to 3 for the same number . Sold All: 11 Reduced: 26 Increased: 25 New Position: 20.

The stock decreased 1.40% or $0.04 during the last trading session, reaching $2.82. About 2.50M shares traded or 15.43% up from the average. Amarin Corporation plc (AMRN) has declined 5.57% since April 30, 2017 and is downtrending. It has underperformed by 17.12% the S&P500.

Analysts await Amarin Corporation plc (NASDAQ:AMRN) to report earnings on May, 2. They expect $-0.07 EPS, up 12.50% or $0.01 from last year’s $-0.08 per share. After $-0.08 actual EPS reported by Amarin Corporation plc for the previous quarter, Wall Street now forecasts -12.50% EPS growth.

Since January 1, 0001, it had 0 buys, and 7 sales for $1.89 million activity.

Amarin Corporation plc, a biopharmaceutical company, focuses on the development and commercialization of therapeutics for the treatment of cardiovascular diseases in the United States. The company has market cap of $827.91 million. The companyÂ’s lead product is Vascepa, a prescription-only omega-3 fatty acid capsule, used as an adjunct to diet for reducing triglyceride levels in adult patients with severe hypertriglyceridemia. It currently has negative earnings. It is also involved in developing Vascepa for the treatment of patients with high triglyceride levels who are also on statin therapy for elevated low-density lipoprotein cholesterol levels.

Ratings analysis reveals 100% of Amarin’s analysts are positive. Out of 2 Wall Street analysts rating Amarin, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $5.0 while the high is $6.0. The stock’s average target of $5.50 is 95.04% above today’s ($2.82) share price. AMRN was included in 2 notes of analysts from October 5, 2016. The stock of Amarin Corporation plc (NASDAQ:AMRN) has “Buy” rating given on Wednesday, October 19 by Citigroup. The rating was initiated by Cantor Fitzgerald on Wednesday, October 5 with “Buy”.

Consonance Capital Management Lp holds 8.87% of its portfolio in Amarin Corporation plc for 24.48 million shares. Healthcare Value Capital Llc owns 450,000 shares or 5.49% of their US portfolio. Moreover, Oracle Investment Management Inc has 5.02% invested in the company for 6.30 million shares. The Massachusetts-based Opaleye Management Inc. has invested 1.1% in the stock. Baker Bros. Advisors Lp, a New York-based fund reported 22.67 million shares.

Suncor Energy Inc. operates as an integrated energy company. The company has market cap of $62.47 billion. The firm primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, and markets natural gas and crude oil in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products. It has a 18.09 P/E ratio. It operates in Oil Sands; Exploration and Production; Refining and Marketing; and Corporate, Energy Trading and Eliminations divisions.

Amarin Corporation plc (NASDAQ:AMRN) Institutional Positions Chart