Q1 Earnings Forecast for Zai Lab Issued By Leerink Partnrs

Zai Lab Limited (NASDAQ:ZLABFree Report) – Equities researchers at Leerink Partnrs issued their Q1 2025 EPS estimates for shares of Zai Lab in a research report issued on Thursday, February 20th. Leerink Partnrs analyst J. Chang anticipates that the company will earn ($0.51) per share for the quarter. The consensus estimate for Zai Lab’s current full-year earnings is ($2.58) per share. Leerink Partnrs also issued estimates for Zai Lab’s Q1 2025 earnings at ($0.51) EPS, Q2 2025 earnings at ($0.44) EPS, Q2 2025 earnings at ($0.44) EPS, Q3 2025 earnings at ($0.37) EPS, Q3 2025 earnings at ($0.37) EPS, Q4 2025 earnings at ($0.30) EPS and Q4 2025 earnings at ($0.30) EPS.

Separately, Cantor Fitzgerald raised shares of Zai Lab to a “strong-buy” rating in a report on Wednesday, February 5th.

Read Our Latest Report on ZLAB

Zai Lab Trading Up 2.9 %

ZLAB opened at $33.91 on Monday. The company has a 50 day moving average of $27.17 and a 200 day moving average of $25.57. The company has a market cap of $3.71 billion, a PE ratio of -12.24 and a beta of 1.02. Zai Lab has a 12 month low of $13.48 and a 12 month high of $36.60.

Insider Activity

In other news, insider Rafael Amado sold 7,583 shares of the firm’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $26.28, for a total transaction of $199,281.24. Following the sale, the insider now owns 33,834 shares in the company, valued at approximately $889,157.52. This trade represents a 18.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 13.88% of the company’s stock.

Hedge Funds Weigh In On Zai Lab

Large investors have recently added to or reduced their stakes in the business. GF Fund Management CO. LTD. bought a new stake in Zai Lab in the 4th quarter worth $29,000. Public Employees Retirement System of Ohio lifted its position in Zai Lab by 20.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 18,480 shares of the company’s stock valued at $484,000 after acquiring an additional 3,179 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Zai Lab by 2.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,114 shares of the company’s stock worth $1,496,000 after buying an additional 1,200 shares during the last quarter. Woodline Partners LP raised its holdings in Zai Lab by 9.4% in the fourth quarter. Woodline Partners LP now owns 1,759,797 shares of the company’s stock worth $46,089,000 after buying an additional 151,835 shares during the last quarter. Finally, Vestal Point Capital LP purchased a new position in Zai Lab in the fourth quarter worth about $7,857,000. Hedge funds and other institutional investors own 41.65% of the company’s stock.

About Zai Lab

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Zai Lab Limited develops and commercializes therapies to treat oncology, autoimmune disorders, infectious diseases, and neuroscience. Its commercial products include Zejula, an orally administered poly polymerase 1/2 inhibitor; Optune, a cancer therapy that uses electric fields tuned to specific frequencies to kill tumor cells; NUZYRA for acute bacterial skin and skin structure infections, and community acquired bacterial pneumonia; Qinlock to treat gastrointestinal stromal tumors, and VYVGART, a human IgG1 antibody fragment for myesthenia gravis.

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