Brokerages Set Dianthus Therapeutics, Inc. (NASDAQ:DNTH) Target Price at $46.83

Shares of Dianthus Therapeutics, Inc. (NASDAQ:DNTHGet Free Report) have been assigned an average recommendation of “Buy” from the ten research firms that are currently covering the company, Marketbeat reports. Eight analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $52.14.

Several research analysts have recently weighed in on DNTH shares. Wedbush reaffirmed an “outperform” rating and issued a $36.00 price target on shares of Dianthus Therapeutics in a report on Wednesday, March 12th. Guggenheim reaffirmed a “buy” rating and issued a $84.00 price target on shares of Dianthus Therapeutics in a report on Wednesday, March 12th. Raymond James raised shares of Dianthus Therapeutics to a “moderate buy” rating in a report on Thursday, December 12th. HC Wainwright reaffirmed a “buy” rating and issued a $40.00 price target on shares of Dianthus Therapeutics in a report on Wednesday, March 12th. Finally, TD Cowen began coverage on Dianthus Therapeutics in a research note on Friday, December 20th. They issued a “buy” rating on the stock.

Get Our Latest Report on DNTH

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Jane Street Group LLC bought a new position in shares of Dianthus Therapeutics during the third quarter valued at about $556,000. Barclays PLC grew its stake in shares of Dianthus Therapeutics by 390.5% during the third quarter. Barclays PLC now owns 41,684 shares of the company’s stock valued at $1,141,000 after buying an additional 33,185 shares during the last quarter. HighVista Strategies LLC bought a new position in shares of Dianthus Therapeutics during the third quarter valued at about $542,000. State Street Corp grew its stake in shares of Dianthus Therapeutics by 101.4% during the third quarter. State Street Corp now owns 821,131 shares of the company’s stock valued at $22,483,000 after buying an additional 413,425 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Dianthus Therapeutics by 142.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 165,929 shares of the company’s stock valued at $4,543,000 after buying an additional 97,362 shares during the last quarter. 47.53% of the stock is owned by institutional investors.

Dianthus Therapeutics Price Performance

NASDAQ:DNTH opened at $21.33 on Wednesday. The company has a market cap of $631.30 million, a P/E ratio of -8.53 and a beta of 1.82. The stock’s fifty day moving average price is $22.54 and its two-hundred day moving average price is $24.81. Dianthus Therapeutics has a 1 year low of $18.13 and a 1 year high of $33.77.

Dianthus Therapeutics (NASDAQ:DNTHGet Free Report) last released its quarterly earnings results on Tuesday, March 11th. The company reported ($0.81) earnings per share for the quarter, topping the consensus estimate of ($0.85) by $0.04. The firm had revenue of $1.33 million for the quarter, compared to analysts’ expectations of $1.40 million. Dianthus Therapeutics had a negative net margin of 1,250.32% and a negative return on equity of 21.68%. On average, analysts expect that Dianthus Therapeutics will post -2.61 earnings per share for the current fiscal year.

Dianthus Therapeutics Company Profile

(Get Free Report

Dianthus Therapeutics, Inc, a clinical-stage biotechnology company, develops complement therapeutics for patients with severe autoimmune and inflammatory diseases. It is developing DNTH103, a monoclonal antibody, which is in Phase 2 clinical trial, for the treatment of generalized myasthenia gravis, multifocal motor neuropathy, and chronic inflammatory demyelinating polyneuropathy.

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Analyst Recommendations for Dianthus Therapeutics (NASDAQ:DNTH)

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