Haemonetics (HAE) Analysts See $0.43 EPS; Cyanotech (CYAN) Shorts Lowered By 8.47%

April 17, 2018 - By Nellie Frank

Haemonetics Corporation (NYSE:HAE) Logo

Analysts expect Haemonetics Corporation (NYSE:HAE) to report $0.43 EPS on May, 8 before the open.They anticipate $0.04 EPS change or 10.26% from last quarter’s $0.39 EPS. HAE’s profit would be $22.98 million giving it 43.59 P/E if the $0.43 EPS is correct. After having $0.62 EPS previously, Haemonetics Corporation’s analysts see -30.65% EPS growth. The stock increased 0.29% or $0.22 during the last trading session, reaching $74.97. About 140,755 shares traded. Haemonetics Corporation (NYSE:HAE) has risen 82.56% since April 17, 2017 and is uptrending. It has outperformed by 71.01% the S&P500.

Cyanotech Corporation (NASDAQ:CYAN) had a decrease of 8.47% in short interest. CYAN’s SI was 5,400 shares in April as released by FINRA. Its down 8.47% from 5,900 shares previously. With 8,200 avg volume, 1 days are for Cyanotech Corporation (NASDAQ:CYAN)’s short sellers to cover CYAN’s short positions. The SI to Cyanotech Corporation’s float is 0.13%. The stock increased 1.71% or $0.0719 during the last trading session, reaching $4.2719. About 3,968 shares traded. Cyanotech Corporation (NASDAQ:CYAN) has risen 20.48% since April 17, 2017 and is uptrending. It has outperformed by 8.93% the S&P500.

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.17, from 1.28 in 2017Q3. It turned negative, as 20 investors sold Haemonetics Corporation shares while 77 reduced holdings. 48 funds opened positions while 60 raised stakes. 50.89 million shares or 3.15% less from 52.55 million shares in 2017Q3 were reported. Acadian Asset Management Llc has invested 0.13% in Haemonetics Corporation (NYSE:HAE). Hbk Invs Ltd Partnership, a Texas-based fund reported 19,503 shares. Cwm Ltd Liability Co has invested 0% in Haemonetics Corporation (NYSE:HAE). American Capital Management stated it has 1.47% in Haemonetics Corporation (NYSE:HAE). Cibc Asset Inc invested in 3,613 shares. Comerica Retail Bank stated it has 57,855 shares. Dupont Mngmt Corporation reported 25,457 shares. Pinebridge Lp reported 50,410 shares or 0.08% of all its holdings. Texas Permanent School Fund owns 35,703 shares. Hillsdale Invest reported 23,000 shares stake. 17,905 are owned by Baldwin Brothers Incorporated Ma. Alliancebernstein Lp has invested 0% in Haemonetics Corporation (NYSE:HAE). Voya Investment Management Ltd Liability Corp holds 0% in Haemonetics Corporation (NYSE:HAE) or 33,273 shares. Louisiana State Employees Retirement System owns 22,700 shares. Moreover, Cardinal Capital Management has 0.26% invested in Haemonetics Corporation (NYSE:HAE) for 14,879 shares.

Among 10 analysts covering Haemonetics Corporation (NYSE:HAE), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Haemonetics Corporation had 28 analyst reports since July 29, 2015 according to SRatingsIntel. Morgan Stanley upgraded Haemonetics Corporation (NYSE:HAE) on Tuesday, January 2 to “Overweight” rating. Craig Hallum maintained Haemonetics Corporation (NYSE:HAE) on Wednesday, November 8 with “Hold” rating. The firm has “Buy” rating by Morgan Stanley given on Wednesday, March 28. As per Monday, November 23, the company rating was downgraded by Raymond James. The stock of Haemonetics Corporation (NYSE:HAE) has “Buy” rating given on Wednesday, February 7 by Jefferies. Barrington Research upgraded the shares of HAE in report on Tuesday, November 8 to “Outperform” rating. On Thursday, November 5 the stock rating was maintained by Benchmark with “Hold”. Jefferies maintained the shares of HAE in report on Monday, January 8 with “Buy” rating. The rating was maintained by Barrington Research on Tuesday, October 6 with “Outperform”. The rating was upgraded by Raymond James to “Market Perform” on Tuesday, January 2.

Since January 2, 2018, it had 0 buys, and 3 sales for $484,765 activity. KROLL MARK W also sold $448,434 worth of Haemonetics Corporation (NYSE:HAE) shares. The insider Scanlan Jacqueline sold $8,234. The insider Basil Michelle L sold $28,097.

Haemonetics Corporation, a healthcare company, provides hematology products and solutions. The company has market cap of $4.01 billion. The firm operates through five divisions: North America Plasma; Americas Blood Center and Hospital; Europe, Middle East and Africa; Asia Pacific; and Japan. It currently has negative earnings. It offers plasma collection and storage products, including PCS brand plasma collection equipment and disposables, plasma collection containers, and intravenous solutions, as well as information technology platforms for plasma clients to manage their donors, operations, and supply chain; Multicomponent Collection System brand apheresis equipment to collect specific blood components integrated from the donor; Automated Cell Processor brand solution to automate the washing and freezing of red cell components; and whole blood collection and processing products.

Cyanotech Corporation engages in the cultivation, production, and sale of natural products derived from microalgae for the health and human nutrition market worldwide. The company has market cap of $24.58 million. The companyÂ’s products include Hawaiian Spirulina Pacifica, a nutrient-rich dietary supplement that is used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids; and Hawaiian BioAstin natural astaxanthin, a dietary antioxidant, which is used as a human nutraceutical and functional food ingredient to support and maintain the bodyÂ’s natural inflammatory response, enhance skin, and support eye and joint health. It has a 13.48 P/E ratio. Cyanotech Corporation sells its products in bulk quantities to manufacturers, formulators, and distributors in the health foods and nutritional supplements markets; and as packaged consumer products to distributors, retailers, and direct consumers.

Cyanotech Corporation (NASDAQ:CYAN) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.