The biopharmaceutical company has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
KITE currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the Medical-Biomedical/Generic industry may consider better-ranked stock like Alexion Pharmaceuticals, Inc. (ALXN), which carries a Zacks Rank #1 (Strong Buy).
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