Next quarter’s earnings estimate for EDSA is -$0.52 with a range of -$0.62 to -$0.45. The previous quarter’s EPS was -$0.58. EDSA beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.30% of the time in the same period. In the last calendar year EDSA has Outperformed its overall industry.

EDSA Sales Forecast

Next quarter’s sales forecast for EDSA is $0.00 with a range of $0.00 to $0.00. The previous quarter’s sales results were $0.00. EDSA beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 46.17% of the time in the same period. In the last calendar year EDSA has Underperformed its overall industry.

Detailed List of Analyst Forecasts

Vernon Bernardino

H.C. Wainwright

$21.00

Buy

361.54%

Upside

Reiterated

02/14/24

Analysts Offer Insights on Healthcare Companies: Incyte (NASDAQ: INCY), Edesa Biotech (NASDAQ: EDSA) and Ocular Therapeutix (NASDAQ: OCUL)

Best Analysts Covering Edesa Biotech

Which Analyst Should I Follow If I Want to Buy EDSA and Sell After:

1 Month

Vernon BernardinoH.C. Wainwright

Success Rate

4/14 ratings generated profit

Average Return

+0.57%

reiterated a buy rating 3 months ago

Copying Vernon Bernardino's trades and holding each position for 1 Month would result in 28.57% of your transactions generating a profit, with an average return of +0.57% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

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3 Months

Vernon BernardinoH.C. Wainwright

Success Rate

3/14 ratings generated profit

Average Return

-21.09%

reiterated a buy rating 3 months ago

Copying Vernon Bernardino's trades and holding each position for 3 Months would result in 21.43% of your transactions generating a profit, with an average return of -21.09% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

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1 Year

Vernon BernardinoH.C. Wainwright

Success Rate

1/14 ratings generated profit

Average Return

-41.12%

reiterated a buy rating 3 months ago

Copying Vernon Bernardino's trades and holding each position for 1 Year would result in 7.14% of your transactions generating a profit, with an average return of -41.12% per trade.

2 Years

Vernon BernardinoH.C. Wainwright

Success Rate

1/14 ratings generated profit

Average Return

-45.69%

reiterated a buy rating 3 months ago

Copying Vernon Bernardino's trades and holding each position for 2 Years would result in 7.14% of your transactions generating a profit, with an average return of -45.69% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

Premium Content

Find out which analyst has the highest Average Return & Success Rate

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The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

EDSA Analyst Recommendation Trends

Rating

Mar 23

May 23

Aug 23

Nov 23

Feb 24

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, EDSA has received 4 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. EDSA average Analyst price target in the past 3 months is ―.

Each month's total comprises the sum of three months' worth of ratings.

Stocks with the Highest Top Analyst Consensus in the Healthcare Sector

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Find stocks in the Healthcare sector that are highly recommended by Top Performing Analysts.

EDSA Stock Forecast FAQ

What is EDSA’s average 12-month price target, according to analysts?

Currently, no data Available

What is EDSA’s upside potential, based on the analysts’ average price target?

Currently there's no upside potential for EDSA, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.

Is EDSA a Buy, Sell or Hold?

Currently, no data Available

What is Edesa Biotech Inc’s price target?

Currently, no data Available

What do analysts say about Edesa Biotech Inc?

Not enough analysts have published a price target to provide an average price target.

How can I buy shares of EDSA?

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Edesa Biotech (EDSA) Stock Forecast & Price Target

EDSA Analyst Ratings

EDSA Stock 12 Month Forecast

EDSA Financial Forecast

EDSA Earnings Forecast

EDSA Sales Forecast

Detailed List of Analyst Forecasts​

Best Analysts Covering Edesa Biotech

EDSA Analyst Recommendation Trends

EDSA Stock Forecast FAQ

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Detailed List of Analyst Forecasts