Maxim Group Increases Sonoma Pharmaceuticals, Inc. (SNOA) Price Target to $9.00

Sonoma Pharmaceuticals, Inc. (NASDAQ:SNOA) had its price target lifted by stock analysts at Maxim Group to $9.00 in a report released on Friday. Maxim Group’s price objective would indicate a potential upside of 23.80% from the company’s previous close.

Shares of Sonoma Pharmaceuticals (NASDAQ:SNOA) opened at 7.27 on Friday. Sonoma Pharmaceuticals has a 52-week low of $3.57 and a 52-week high of $7.36. The company has a market cap of $30.95 million, a price-to-earnings ratio of 3.35 and a beta of 1.71. The stock has a 50 day moving average of $5.66 and a 200 day moving average of $4.67.

Sonoma Pharmaceuticals (NASDAQ:SNOA) last announced its earnings results on Thursday, February 9th. The company reported $3.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.76. Sonoma Pharmaceuticals had a negative return on equity of 82.81% and a net margin of 59.43%. On average, equities research analysts expect that Sonoma Pharmaceuticals will post $2.09 EPS for the current year.

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About Sonoma Pharmaceuticals

Sonoma Pharmaceuticals, Inc, formerly Oculus Innovative Sciences, Inc, is a specialty pharmaceutical company that develops and markets solutions for the treatment of dermatological conditions and advanced tissue care. The Company’s product portfolio consists of dermatology and advanced tissue care products based upon its technologies, such as Microcyn and Lipogrid.

5 Day Chart for NASDAQ:SNOA

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