Can you swallow Egalet Corp. (NASDAQ:EGLT) without problems?


Here is an analysis at the scorecard of Egalet Corp. (NASDAQ:EGLT) for the recent quarter and analyst projections for the coming periods.

The firm generated sales of 5.43M%, implying a jump of 0.51%% compared to a analogous quarter a year ago.

To achieve the recorded sales of 5.43M% for the quarter, the firm incurred $1.83M in cost of goods. Hence, after considering the cost of sales, Egalet Corp. came with a gross income of $3.6M.

Let?s look into the technical of the stock

The Barchart Technical Opinion rating is a 16% Sell with a Average short term outlook on maintaining the current direction. Longer term, the trend strength is Weak. Long term indicators fully support a continuation of the trend.

Egalet Corp. incurred other expenses in the completion of operation. Taking those into account, it closed the quarter with EPS of $(1.02). The firm had 24.77M diluted outstanding shares at the close of the quarter.

For the next quarter, analysts on the average are projecting EPS of $-0.73.

Egalet Corp.’s cash balance at the close of the recent quarter was 26.99M%. The firm generated free cash flow of $(20.67M) during the quarter, while net operating cash flow was $(20.61M). Net change in cash was $(17.37M).

That said, Egalet Corp. closed the quarter with debt of 428,000%. The debt increased/dropped by growing from the past period.

What is market thinking about Egalet Corp.? So far 4 analysts have assessed the stock, and they have average recommendation of Buy and average price target of $12.33. To put the recommendation into perspective, call in the range of 1.00 – 1.24 indicates a BUY recommendation, whereas 1.25 – 1.74 refers to OVERWEIGHT. HOLD recommendation is shown by 1.75 – 2.24, UNDERWEIGHT is signified by 2.25 – 2.74 while SELL is signified by 2.75 – 3.00.

Does Egalet Corp. have a strong balance sheet? A look at the firm’s balance sheet at the close of the most recent quarter displays that it has total assets of $135.33M, offset by total liabilities of $152.49M.