Company Update: Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) – Vertex Announces Upcoming Presentation at the J.P. Morgan Healthcare Conference and Date of Fourth Quarter and Full Year 2015 Financial Results

[Business Wire] – Vertex Pharmaceuticals Incorporated today announced that it will webcast its corporate presentation at the 34th Annual J.P. Morgan Healthcare Conference on Monday, January 11 at 12:30 p.m. Read more on this. Vertex Pharmaceuticals Incorporated (VRTX) , valued at $30.18B, started trading this morning at $123.89. Today, shares have traded between $121.90 and $124.96 per share with a one year range of $97.45 to $143.45. VRTX shares are currently priced at -115.44x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s -6.66x earnings multiple. In a review of the consensus earnings estimate this quarter, 19 sell-side analysts are looking at $0.18 per share, which would be $0.18 worse than the year-ago quarter and a $0.09 sequential increase. The full-year EPS estimate is $-1.09 which would be a $2.05 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $408.47 Million. If realized, that would be a 182.56% increase over the year-ago quarter. In terms of ratings, H.C. Wainwright upgraded VRTX from Neutral to Buy (Oct 30, 2015). Previously, Morgan Stanley upgraded VRTX from Equal-Weight to Overweight. When considering if perhaps the stock is under or overvalued, the average price target is $146.50, which is 18.25% above where the stock opened this morning. See more in (NASDAQ:VRTX) Similar Articles: Market Update (NASDAQ:VRTX): SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Breaches of Fiduciary Duty by the Board of Vertex Pharmaceuticals Incorporated — VRTX Stock Update (NASDAQ:VRTX): Vertex to Present at the Morgan Stanley Healthcare Conference on September 16 Company Update: Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) – Vertex to Announce Second Quarter 2015 Financial Results on July 29