Research brokerages are projecting Sorrento Therapeutics, Inc. (NASDAQ:SRNE) to grow at an accelerated rate over the next 5 years. Wall Street analysts are looking for the company to grow 39.30% over the next year and 37.00% over the next five years.
Sorrento Therapeutics, Inc.’s trailing 12- months EPS is -0.42. Last year, their EPS growth was 2.50% and their EPS growth over the past five years was -30.00%.
Let’s start off by taking a look at how the stock has been performing recently. Over the past twelve months, Sorrento Therapeutics, Inc. (NASDAQ:SRNE)’s stock was -52.04%. Last week, it was 4.44%, 30.56% over the last quarter, and 51.61% for the past half-year.
Over the past 50 days, Sorrento Therapeutics, Inc. stock was -38.70% off of the high and 40.92% removed from the low. Their 52-Week High and Low are noted here. -61.17% (High), 57.33%, (Low).
Sorrento Therapeutics, Inc. (NASDAQ:SRNE)’s performance this year to date is -52.04%. The stock has performed 4.44% over the last seven days, -6.93% over the last thirty, and 30.56% over the last three months. Over the last six months, Sorrento Therapeutics, Inc.’s stock has been 51.61% and -54.37% for the year.
Wall Street analysts are have a consensus analyst recommendation of 1.50 on the stock. This is based on a 1-5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Brokerages covering the name have a $13.00 on the stock.
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