Company Performance - CRISPR Therapeutics AG (CRSP) ended the recent trading session at $51.19, showing a -1.88% change from the previous day's closing price, which lagged behind the S&P 500's daily loss of 0.79% [1] - The stock has risen by 24.63% in the past month, outperforming the Medical sector's gain of 1.49% and the S&P 500's gain of 5.22% [1] Financial Forecast - The company is forecasted to report an EPS of -$1.54, reflecting a 3.36% decrease from the same quarter of the previous year [2] - Quarterly revenue is expected to be $5.89 million, representing a significant increase of 1032.88% from the year-ago period [2] Full-Year Estimates - Full-year Zacks Consensus Estimates predict earnings of -$5.54 per share and revenue of $39.95 million, indicating year-over-year changes of -27.65% and +7.06%, respectively [3] - Recent changes to analyst estimates for CRISPR Therapeutics AG can indicate short-term business trends, with positive revisions seen as a favorable sign for the business outlook [3] Zacks Rank and Industry Performance - The Zacks Rank system, which includes estimate changes, has a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [5] - CRISPR Therapeutics AG currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining stagnant over the past month [5] - The Medical - Biomedical and Genetics industry, part of the Medical sector, has a Zacks Industry Rank of 77, placing it within the top 32% of over 250 industries [6]
Here's Why CRISPR Therapeutics AG (CRSP) Fell More Than Broader Market