NASDAQ:SMMT Summit Therapeutics (SMMT) Stock Price, News & Analysis → Obama’s Forever Term [exposed] (From Porter & Company) (Ad) Free SMMT Stock Alerts $4.80 +0.15 (+3.23%) (As of 05/13/2024 ET) Add Compare Share Share Today's Range$4.51▼$5.0850-Day Range$3.28▼$5.3152-Week Range$1.50▼$5.39Volume2.07 million shsAverage Volume2.22 million shsMarket Capitalization$3.37 billionP/E RatioN/ADividend YieldN/APrice Target$7.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Summit Therapeutics alerts: Email Address Summit Therapeutics MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside56.3% Upside$7.50 Price TargetShort InterestBearish28.19% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.45Based on 8 Articles This WeekInsider TradingAcquiring Shares$487,500 Bought Last QuarterProj. Earnings GrowthDecreasingFrom ($0.25) to ($0.30) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.32 out of 5 starsMedical Sector761st out of 925 stocksPharmaceutical Preparations Industry356th out of 430 stocks 3.5 Analyst's Opinion Consensus RatingSummit Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSummit Therapeutics has only been the subject of 2 research reports in the past 90 days.Read more about Summit Therapeutics' stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted28.19% of the float of Summit Therapeutics has been sold short.Short Interest Ratio / Days to CoverSummit Therapeutics has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.Change versus previous monthShort interest in Summit Therapeutics has recently increased by 2.18%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldSummit Therapeutics does not currently pay a dividend.Dividend GrowthSummit Therapeutics does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SMMT. Previous Next 1.9 News and Social Media Coverage News SentimentSummit Therapeutics has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Summit Therapeutics this week, compared to 1 article on an average week.Search InterestOnly 7 people have searched for SMMT on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Summit Therapeutics to their MarketBeat watchlist in the last 30 days. This is a decrease of -15% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Summit Therapeutics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $487,500.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders83.70% of the stock of Summit Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.61% of the stock of Summit Therapeutics is held by institutions.Read more about Summit Therapeutics' insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Summit Therapeutics are expected to decrease in the coming year, from ($0.25) to ($0.30) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Therapeutics is -30.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Therapeutics is -30.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSummit Therapeutics has a P/B Ratio of 43.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Summit Therapeutics' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About Summit Therapeutics Stock (NASDAQ:SMMT)Summit Therapeutics Inc., a biopharmaceutical company, focuses on discovery, development, and commercialization of patient, physician, caregiver, and societal friendly medicinal therapies in the United States, and the United Kingdom. The company's lead development candidate is Ivonescimab, a bispecific antibody for immunotherapy through blockade of PD-1 with the anti-angiogenesis; and anti-infectives portfolio includes SMT-738, a novel class of precision antibiotics for the treatment of multidrug resistant infections, which primarily includes carbapenem-resistant Enterobacteriaceae infections. It has a collaboration and license agreement with Akeso, Inc. and its affiliates to develop and commercialize ivonescimab. The company was founded in 2003 and is headquartered in Miami, Florida.Read More SMMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMMT Stock News HeadlinesMay 9, 2024 | americanbankingnews.comSummit Therapeutics (NASDAQ:SMMT) Coverage Initiated at CitigroupMay 8, 2024 | seekingalpha.comSummit: A Few Catalysts In Q2 Of 2024 To Carry The TideMay 7, 2024 | msn.comSummit spikes as Citi launches at Buy on lead assetMay 2, 2024 | finance.yahoo.comSummit Therapeutics Inc. (NASDAQ:SMMT) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comSummit Therapeutics Inc (SMMT) Q1 2024 Earnings Call Transcript Highlights: Strategic Insights ...May 1, 2024 | investorplace.comSMMT Stock Earnings: Summit Therapeutics Reported Results for Q1 2024May 1, 2024 | finance.yahoo.comSummit Therapeutics Reports Financial Results and Operational Progress for the First Quarter Ended March 31, 2024April 24, 2024 | businesswire.comSummit Therapeutics to Host First Quarter 2024 Financial Results & Operational Progress Call on May 1, 2024April 11, 2024 | finance.yahoo.comSummit Therapeutics Appoints Dr. Mostafa Ronaghi, Renowned Executive and Genomicist, to its Board of DirectorsApril 11, 2024 | businesswire.comSummit Therapeutics Appoints Dr. Mostafa Ronaghi, Renowned Executive and Genomicist, to its Board of DirectorsApril 10, 2024 | businesswire.comSummit Therapeutics to Present at the Stifel 2024 Targeted Oncology ForumApril 9, 2024 | reuters.comIllumina CFO Goswami to depart, Summit Therapeutics' Dhingra named successorApril 9, 2024 | prnewswire.comIllumina appoints Ankur Dhingra Chief Financial Officer, Jakob Wedel Chief Strategy and Corporate Development OfficerMarch 29, 2024 | investing.comSummit Therapeutics CEO acquires shares worth over $411kMarch 29, 2024 | fool.comWhy Summit Therapeutics Stock Crushed the Market This WeekMarch 14, 2024 | businesswire.comIntracranial Anti-Tumor Activity and Safety of Ivonescimab in NSCLC Patients with Brain Metastases to be Featured at ELCC 2024March 11, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Summit Therapeutics Inc. - SMMTMarch 5, 2024 | businesswire.comSummit Therapeutics to Present at the Barclays 26th Annual Global Healthcare ConferenceMarch 3, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Summit Therapeutics Inc. - SMMTFebruary 27, 2024 | msn.comSHAREHOLDER ALERT: Potential Recovery for Summit Therapeutics Inc. (SMMT) InvestorsFebruary 26, 2024 | businesswire.comSummit Therapeutics Inc. (SMMT) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsFebruary 21, 2024 | uk.finance.yahoo.comSummit Therapeutics plc (SMMT)February 21, 2024 | finance.yahoo.comQ4 2023 Summit Therapeutics Inc Earnings CallFebruary 21, 2024 | finance.yahoo.comSummit Therapeutics Inc. (NASDAQ:SMMT) Q4 2023 Earnings Call TranscriptFebruary 20, 2024 | finance.yahoo.comSummit Therapeutics Reports Financial Results and Operational Progress for the Fourth Quarter and Year Ended December 31, 2023See More Headlines Receive SMMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Summit Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/20/2024Today5/13/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:SMMT CUSIPN/A CIK1599298 Webwww.summitplc.com Phone650-460-8308Fax44-12-3544-3999Employees105Year FoundedN/APrice Target and Rating Average Stock Price Target$7.50 High Stock Price Target$8.00 Low Stock Price Target$7.00 Potential Upside/Downside+55.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.16) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-614,930,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-125.07% Return on Assets-51.02% Debt Debt-to-Equity Ratio2.26 Current Ratio6.97 Quick Ratio6.97 Sales & Book Value Annual Sales$700,000.00 Price / Sales4,853.69 Cash FlowN/A Price / Cash FlowN/A Book Value$0.11 per share Price / Book44.00Miscellaneous Outstanding Shares701,980,000Free Float114,423,000Market Cap$3.40 billion OptionableOptionable Beta-1.13 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Robert W. Duggan (Age 79)Co-CEO & Executive Chairman Dr. Mahkam Zanganeh D.D.S. (Age 54)M.B.A., Co-CEO, President & Director Comp: $657.81kMr. Ankur Dhingra (Age 47)Chief Financial Officer Comp: $530kMr. Manmeet Singh Soni (Age 46)COO & Director Comp: $591.5kProf. Dame Kay Davies DBE (Age 73)FRS CBE, Co-Founder, Chairman of Scientific Advisory Board and Scientific Advisor Ms. Abby Guzman MurphyHead of Human ResourcesMs. Divya Chari (Age 56)Head of Global Clinical Operations Mr. Dave GancarzChief Business & Strategy Officer?Mr. Will BlackHead of Information Technology?Dr. Betty Y. Chang Ph.D.Head of Research, Oncology & Inflammation?More ExecutivesKey CompetitorsCrinetics PharmaceuticalsNASDAQ:CRNXBiohavenNYSE:BHVNAxsome TherapeuticsNASDAQ:AXSMInsmedNASDAQ:INSMUltragenyx PharmaceuticalNASDAQ:RAREView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 254,261 shares on 5/10/2024Ownership: 1.036%ProShare Advisors LLCBought 6,035 shares on 5/8/2024Ownership: 0.010%Russell Investments Group Ltd.Bought 3,579 shares on 5/8/2024Ownership: 0.001%Susquehanna Fundamental Investments LLCSold 37,335 shares on 5/7/2024Ownership: 0.007%Susquehanna Portfolio Strategies LLCSold 126,371 shares on 5/7/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions SMMT Stock Analysis - Frequently Asked Questions Should I buy or sell Summit Therapeutics stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Summit Therapeutics in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SMMT shares. View SMMT analyst ratings or view top-rated stocks. What is Summit Therapeutics' stock price target for 2024? 2 Wall Street analysts have issued 12-month target prices for Summit Therapeutics' shares. Their SMMT share price targets range from $7.00 to $8.00. On average, they anticipate the company's stock price to reach $7.50 in the next year. This suggests a possible upside of 56.3% from the stock's current price. View analysts price targets for SMMT or view top-rated stocks among Wall Street analysts. How have SMMT shares performed in 2024? Summit Therapeutics' stock was trading at $2.61 on January 1st, 2024. Since then, SMMT shares have increased by 83.9% and is now trading at $4.80. View the best growth stocks for 2024 here. When is Summit Therapeutics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our SMMT earnings forecast. How were Summit Therapeutics' earnings last quarter? Summit Therapeutics Inc. (NASDAQ:SMMT) posted its quarterly earnings results on Tuesday, February, 20th. The company reported ($0.05) EPS for the quarter. The firm earned $0.20 million during the quarter. What ETFs hold Summit Therapeutics' stock? ETFs with the largest weight of Summit Therapeutics (NASDAQ:SMMT) stock in their portfolio include ALPS Medical Breakthroughs ETF (SBIO), Virtus LifeSci Biotech Clinical Trials ETF (BBC), Range Cancer Therapeutics ETF (CNCR) and Loncar China Biopharma ETF (CHNA).Principal Healthcare Innovators ETF (BTEC). What other stocks do shareholders of Summit Therapeutics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Therapeutics investors own include Energy Transfer (ET), Summit Therapeutics (SUMM), Sarepta Therapeutics (SRPT), Gilead Sciences (GILD), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), Ford Motor (F) and Martin Midstream Partners (MMLP). When did Summit Therapeutics IPO? Summit Therapeutics (SMMT) raised $40 million in an IPO on Thursday, March 5th 2015. The company issued 3,500,000 shares at $11.54 per share. JMP Securities and Oppenheimer & Co. acted as the underwriters for the IPO and Needham was co-manager. Who are Summit Therapeutics' major shareholders? Summit Therapeutics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.04%), China Universal Asset Management Co. Ltd. (0.02%), ProShare Advisors LLC (0.01%), Susquehanna Fundamental Investments LLC (0.01%), Wealth Management Partners LLC (0.01%) and Mirae Asset Global Investments Co. Ltd. (0.01%). Insiders that own company stock include Ankur Dhingra, Mahkam Zanganeh, Manmeet Singh Soni and Robert W Duggan. View institutional ownership trends. How do I buy shares of Summit Therapeutics? Shares of SMMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SMMT) was last updated on 5/13/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldHe Is Giving Away BitcoinCrypto Swap ProfitsConflict In Israel Sends Gold Soaring ???? 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