Somewhat Negative Press Coverage Extremely Likely to Impact ANI Pharmaceuticals (ANIP) Stock Price

News coverage about ANI Pharmaceuticals (NASDAQ:ANIP) has been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. ANI Pharmaceuticals earned a coverage optimism score of -1.00 on their scale. InfoTrie also assigned media stories about the specialty pharmaceutical company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock’s share price in the next several days.

These are some of the media stories that may have effected ANI Pharmaceuticals’ ranking:

NASDAQ:ANIP opened at $73.19 on Friday. ANI Pharmaceuticals has a 12 month low of $36.92 and a 12 month high of $74.00. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.92 and a quick ratio of 0.68. The stock has a market capitalization of $867.14 million, a PE ratio of 15.88 and a beta of 2.37.

ANI Pharmaceuticals (NASDAQ:ANIP) last posted its earnings results on Thursday, May 9th. The specialty pharmaceutical company reported $1.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.25. ANI Pharmaceuticals had a net margin of 6.58% and a return on equity of 28.93%. The firm had revenue of $52.90 million during the quarter, compared to analysts’ expectations of $50.57 million. During the same period last year, the company posted $1.32 EPS. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. As a group, research analysts forecast that ANI Pharmaceuticals will post 5.97 earnings per share for the current year.

Several equities research analysts have recently commented on the stock. Raymond James cut shares of ANI Pharmaceuticals from a “strong-buy” rating to an “outperform” rating and raised their target price for the stock from $73.00 to $82.00 in a research report on Friday. ValuEngine raised shares of ANI Pharmaceuticals from a “hold” rating to a “buy” rating in a research report on Thursday. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $89.00 target price on shares of ANI Pharmaceuticals in a research report on Thursday. BidaskClub raised shares of ANI Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 7th. Finally, Zacks Investment Research cut shares of ANI Pharmaceuticals from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 30th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $79.25.

In related news, SVP Robert W. Schrepfer sold 4,651 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $64.43, for a total value of $299,663.93. Following the completion of the transaction, the senior vice president now directly owns 53,484 shares in the company, valued at approximately $3,445,974.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Arthur Przybyl sold 27,625 shares of the stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $63.53, for a total transaction of $1,755,016.25. The disclosure for this sale can be found here. Company insiders own 24.70% of the company’s stock.

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ANI Pharmaceuticals Company Profile

ANI Pharmaceuticals, Inc, a specialty pharmaceutical company, develops, manufactures, and markets branded and generic prescription pharmaceuticals in the United States and Canada. It focuses on producing controlled substances, oncolytics (anti-cancers), hormones and steroids, and other formulations. The company manufactures oral solid dose products; semi-solids, liquids, and topicals; controlled substances; and potent products, as well as performs contract manufacturing for other pharmaceutical companies.

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