OraSure Technologies, Inc.: What’s Analysts Verdict?

OraSure Technologies, Inc.

According to Zacks, OraSure Technologies, Inc. (NASDAQ:$OSUR) currently has an ABR rank of 73 and a current Average Broker Rating of 1.5. Zacks also says that the number is based on 4 sell-side firms.

The ABR is an aggregate of all brokerage ratings, compensating for the various unique terms and rating systems employed by each brokerage. This allows you to quickly measure a stock’s performance at a glance.

However, broker recommendations are not outright recommendations to buy or sell a stock, but instead are set by individual brokerages and indicate how the brokerage feels the stock will continue to perform. These recommendations are usually issued at intervals of a set period of time, such as 75 days, but each brokerage has its own method for making and issuing brokerage recommendations.

For OraSure, analysts have arrived at a consensus estimate that the company’s stock will hit $18.8 within the year.

OraSure stock hit $22.81 at close of the last session, with an average trading volume of 522,200 shares. They currently stand at 100% of their 52 week high, and well above their 52 week low of $7.1.

OraSure recently met analyst estimates with a reported quarterly earning of $0.09 EPS. They also have an EPS of $0.54 over the last 12 months. Over the past week, shares have moved $3.03 and $9.45 over the past month. Current forecasts indicate that OraSure will post $0.09 per share in their next quarterly report.

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About the author: Dylan is a content writer and editor located in Vancouver, British Columbia. He graduated from the University of Regina with BA degrees in both Journalism and History in 2016. His skills include writing, blogging, editing, and developing content for both print and internet media.