Analysts See $-0.30 EPS for Egalet (EGLT); Chesapeake Granite Wash Trust Has 1 Sentiment

April 17, 2018 - By Stephen Andrade

Egalet Corporation (NASDAQ:EGLT) Logo

Analysts expect Egalet Corporation (NASDAQ:EGLT) to report $-0.30 EPS on May, 9.They anticipate $0.72 EPS change or 70.59% from last quarter’s $-1.02 EPS. After having $-0.27 EPS previously, Egalet Corporation’s analysts see 11.11% EPS growth. The stock increased 1.07% or $0.0069 during the last trading session, reaching $0.6489. About 88,846 shares traded. Egalet Corporation (NASDAQ:EGLT) has declined 87.31% since April 17, 2017 and is downtrending. It has underperformed by 98.86% the S&P500.

Chesapeake Granite Wash Trust (CHKR) investors sentiment increased to 1 in 2017 Q4. It’s up 0.12, from 0.88 in 2017Q3. The ratio is more positive, as 7 funds started new and increased holdings, while 7 sold and reduced their stakes in Chesapeake Granite Wash Trust. The funds in our database now hold: 720,588 shares, up from 181,593 shares in 2017Q3. Also, the number of funds holding Chesapeake Granite Wash Trust in top ten holdings was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 5 Increased: 4 New Position: 3.

Investors sentiment decreased to 0.47 in Q4 2017. Its down 0.11, from 0.58 in 2017Q3. It fall, as 13 investors sold Egalet Corporation shares while 17 reduced holdings. 6 funds opened positions while 8 raised stakes. 13.62 million shares or 32.80% less from 20.27 million shares in 2017Q3 were reported. Atlantic Ltd Liability holds 15,000 shares. Wells Fargo Co Mn reported 978 shares. J Goldman And Limited Partnership holds 0% or 100,000 shares in its portfolio. Fmr Lc owns 767,013 shares. Bridgeway Cap Management holds 0% or 74,400 shares. California Employees Retirement System holds 28,500 shares. Blackrock Inc holds 0% or 430,103 shares in its portfolio. Balyasny Asset Management has invested 0% in Egalet Corporation (NASDAQ:EGLT). 1,835 were accumulated by Advisory Networks. Delaware-based Tiverton Asset Management Ltd Company has invested 0% in Egalet Corporation (NASDAQ:EGLT). Meeder Asset Mgmt Incorporated invested in 0% or 6,100 shares. Lpl Fincl Limited accumulated 10,300 shares. Bnp Paribas Arbitrage Sa invested in 0% or 38 shares. Northern holds 0% of its portfolio in Egalet Corporation (NASDAQ:EGLT) for 97,109 shares. Deutsche Savings Bank Ag holds 0% or 956 shares in its portfolio.

Among 5 analysts covering Egalet Ltd (NASDAQ:EGLT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Egalet Ltd had 14 analyst reports since November 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Guggenheim on Monday, August 14. The stock of Egalet Corporation (NASDAQ:EGLT) has “Hold” rating given on Wednesday, January 3 by Stifel Nicolaus. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, November 4. The company was maintained on Monday, March 12 by Cantor Fitzgerald. The firm earned “Buy” rating on Monday, September 11 by Cantor Fitzgerald. JMP Securities maintained Egalet Corporation (NASDAQ:EGLT) on Friday, July 14 with “Market Outperform” rating. Cantor Fitzgerald maintained it with “Buy” rating and $7.0 target in Wednesday, November 8 report. The firm has “Buy” rating given on Friday, June 9 by JMP Securities. Cantor Fitzgerald maintained Egalet Corporation (NASDAQ:EGLT) rating on Monday, August 14. Cantor Fitzgerald has “Buy” rating and $700 target. The company was maintained on Tuesday, June 13 by Cantor Fitzgerald.

Egalet Corporation, a specialty pharmaceutical company, develops, makes, and commercializes treatments for patients with pain and other conditions. The company has market cap of $34.30 million. It has licensed three approved pain products, such as SPRIX Nasal Spray, a non-steroidal anti-inflammatory drug indicated in adult patients for the short-term management of moderate to moderately severe pain that requires analgesia at the opioid level; OXAYDO, an immediate-release oxycodone product designed to discourage abuse via snorting for the management of acute and chronic moderate to severe pain where an opioid is appropriate; and ARYMO ER, an extended-release morphine product formulated with abuse-deterrent (AD) properties for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. It currently has negative earnings. The firm is also developing Egalet-002, a Guardian Technology AD, ER, oral oxycodone formulation, which is in Phase III clinical trials for the same indication as ARYMO ER.

Chesapeake Granite Wash Trust owns royalty interests in the oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has market cap of $65.45 million. The firm has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. It has a 4.91 P/E ratio. As of December 31, 2016, its reserve estimates for the royalty interests included 6,601 thousand barrels of oil equivalent of proved developed reserves.

Virtu Financial Llc holds 0.01% of its portfolio in Chesapeake Granite Wash Trust for 107,498 shares. Bank Of America Corp De owns 5,965 shares or 0% of their US portfolio. Moreover, Clenar Muke Llc has 0% invested in the company for 15,485 shares. The Colorado-based Cetera Advisors Llc has invested 0% in the stock. Citadel Advisors Llc, a Illinois-based fund reported 46,329 shares.

Egalet Corporation (NASDAQ:EGLT) Institutional Positions Chart

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