Here's Why Siga Technologies Inc. (SIGA) Fell More Than Broader Market

Company Performance - Siga Technologies Inc. (SIGA) closed at $6.12, reflecting a -4.67% change from the previous day's closing price, underperforming the S&P 500's daily loss of 0.22% [1] - The company's stock gained 9.93% over the previous month, outperforming the Medical sector, which had a loss of 0%, and the S&P 500, which gained 0.45% [1] Earnings Projections - For the full year, Zacks Consensus Estimates project earnings of $0.13 per share and revenue of $184.36 million, representing changes of -84.15% and +32.97% from the prior year, respectively [2] Analyst Forecasts - Recent revisions to analyst forecasts for Siga Technologies Inc. should be monitored, as they reflect short-term business trends and can indicate analyst optimism regarding the company's profitability [3] Valuation Metrics - Siga Technologies Inc. has a Forward P/E ratio of 49.38, indicating a premium compared to its industry's Forward P/E of 16.85 [6] - The Medical - Drugs industry, part of the Medical sector, currently holds a Zacks Industry Rank of 77, placing it in the top 32% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [5] - Currently, Siga Technologies Inc. holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining stagnant over the past month [5]