19 Mar

Analysts Are Highly Optimistic on Sanofi in March

WRITTEN BY Margaret Patrick

Analysts’ recommendations and target price

Wall Street analysts have set Sanofi’s (SNY) 12-month consensus target price at $52, 15.79% higher than the stock’s closing price on March 18. Analysts’ consensus recommendation for the stock is a “strong buy.”

Analysts revised the stock’s target price upward from $51 in January to $52 in February, and they reiterated its $52 target price in March.

Analysts Are Highly Optimistic on Sanofi in March

Of the four analysts covering Sanofi, three have given it “strong buy” recommendations, while the remaining analyst has given it a “hold.” The highest target price estimate for the company is $57, and the lowest is $48.

On March 18, Sanofi closed at $44.91, 0.40% lower than its previous closing price, 19.98% higher than its 52-week low of $37.43, and 1.56% lower than its 52-week high of $45.62. The company’s market cap is $110.30 billion.

Based on its closing price on March 18, Sanofi has reported returns of 3.29% in the last week, 8.06% in the last month, and 0.04% in the last quarter. The company has reported returns of 1.17% in the last half year, 10.75% in the last year, and 3.46% year-to-date.

Revenue and EPS estimates

Analysts expect Sanofi’s revenue to see YoY (year-over-year) changes of -2.78% to $9.43 billion in the first quarter, -3.30% to $9.42 billion in the second quarter, 0.36% to $10.96 billion in the third quarter, and 2.92% to $10.56 billion in the fourth quarter of 2019. Analysts also expect the company’s non-GAAP (generally accepted accounting principles) EPS to be $0.75 in the first quarter and see YoY changes of 1.35% to $0.75 in the second quarter, -6.54% to $1.00 in the third quarter, and 21.02% to $0.76 in the fourth quarter.

Analysts expect Sanofi’s revenue to see YoY rises of 0.13% to $40.70 billion in 2019, 3.08% to $41.96 billion in 2020, and 3.73% to $43.52 billion in 2021. Analysts also expect the company’s non-GAAP EPS to see YoY rises of 0.95% to $3.26 in 2019, 9.83% to $3.58 in 2020, and 9.04% to $3.90 in 2021.

 

 

Latest articles

23 Jul

Google Ups the Ante for Ad Targeting

WRITTEN BY Ruchi Gupta

Google has announced that it's going to start adding third-party ad targeting and browser privacy restrictions to Google Chrome.

23 Jul

Will Fortinet Beat Q2 Earnings Estimates?

WRITTEN BY Aditya Raghunath

Leading cybersecurity company Fortinet (FTNT) is scheduled to announce its second-quarter earnings results on August 1. What should we expect?

Harley-Davidson’s Q2 earnings were slightly better than estimates.

Netflix (NFLX) has long relied on international markets to drive its streaming video business growth.

23 Jul

Could Ford’s Q2 Earnings Push Its Stock Even Higher?

WRITTEN BY Mohit Oberoi, CFA

Ford's second-quarter earnings results are scheduled for release on July 24. So far, Ford stock has outperformed its legacy peers.

23 Jul

Why RBC Isn't Optimistic about BlackBerry Stock

WRITTEN BY Aditya Raghunath

Shares of BlackBerry (BB) have been volatile over the last 12 months. BlackBerry stock fell 40.5% from $12.0 in September 2018 to $6.57 in December.