Omeros (NASDAQ:OMER) Earns Buy Rating from HC Wainwright

Leslie Hanson
April 15, 2018

The SI to INTERMAP TECHNOLOGIES CORPORATION CL A O's float is 0.35%. The stock decreased 0.19% or $0.28 during the last trading session, reaching $149.98. Deere & Company (NYSE:DE) has risen 41.99% since April 14, 2017 and is uptrending.

Melvin Capital Management Lp increased Deere & Co (DE) stake by 22.78% reported in 2017Q4 SEC filing. Cormorant Asset Management Llc sold 825,000 shares as Omeros Corp (OMER)'s stock declined 39.13%. Mesirow Financial Investment Management Inc. now owns 18,808 shares of the biopharmaceutical company's stock valued at $365,000 after acquiring an additional 4,940 shares during the last quarter. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. Caprock Grp has invested 0.26% in Omeros Corporation (NASDAQ:OMER). It has underperformed by 14.94% the S&P500.

Among 6 analysts covering Omeros (NASDAQ:OMER), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. The company was downgraded on Friday, March 2 by Needham. On Friday, March 23 the stock of Omeros Corporation (NASDAQ:OMER) earned "Neutral" rating by Wedbush. Bank of America boosted their price target on Omeros from $2.44 to $4.00 in a report on Wednesday, February 14th. Stoneridge Ptnrs Ltd Com has 0.07% invested in Omeros Corporation (NASDAQ:OMER). On Thursday, January 4 the firm earned "Buy" rating by H.C. Wainwright. On Thursday, December 14 the firm has "Buy" rating by H.C. Wainwright given. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. ValuEngine cut Omeros from a "sell" rating to a "strong sell" rating in a research note on Friday, February 23rd. On Tuesday, January 23 the rating was maintained by H.C. Wainwright with "Buy". The company was maintained on Monday, March 26 by WBB Securities. The rating was downgraded by Cowen & Co to "Market Perform" on Thursday, November 2. The stock was sold at an average price of $10.66, for a total value of $3,263,281.84. Investors holded 22.04 million in 2017Q3 but now own 21.94 million shares or 0.43% less. Blueprint Medicines Corp was raised too.

OMER has been the subject of several analyst reports. During the same quarter previous year, the business earned ($0.45) EPS. The biopharmaceutical company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.22) by ($0.03).

Investors sentiment decreased to 1.3 in Q4 2017. The stock exchanged hands 1.39 Million shares versus average trading capacity of 1.43 Million shares, yielding a market cap of $717.21 Million. It turned negative, as 14 investors sold OMER shares while 29 reduced holdings. 31 funds took positions and 25 increased positions. Susquehanna Group Ltd Liability Partnership holds 0.01% or 1.42M shares in its portfolio. Wells Fargo & Company MN now owns 42,144 shares of the biopharmaceutical company's stock valued at $911,000 after acquiring an additional 5,102 shares during the last quarter.

Omeros Corporation (NASDAQ:OMER)'s trailing twelve month revenues are $64.8 Million, whereas its price to sales ratio for the same period is 11.07.

Analysts expect Omeros Corporation (NASDAQ:OMER) to report $-0.34 EPS on May, 9.They anticipate $0.10 EPS change or 41.67% from last quarter's $-0.24 EPS. Proshare Advsr Limited Liability has 32,616 shares for 0% of their portfolio. Usa Fin Portformulas invested in 23,198 shares. Comml Bank Of New York Mellon Corporation accumulated 217,411 shares. Davenport And Ltd Limited Liability Company reported 79,400 shares. About 1.20M shares traded. Envestnet Asset Mngmt Inc invested in 114 shares or 0% of the stock. Moreover, California State Teachers Retirement has 0% invested in Omeros Corporation (NASDAQ:OMER) for 71,709 shs.

For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the objective of comparing a Omeros Corporation (NASDAQ:OMER)'s profitability or to compare the efficiency of different investments, hence, OMER return on investment (ROI) is -53.70%. Great West Life Assurance Company Can holds 0.08% of its portfolio in Deere & Company (NYSE:DE) for 225,332 shares.

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