NASDAQ:ABEO - Abeona Therapeutics Stock Price, Price Target & More

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$16.00 -0.55 (-3.32 %)
(As of 06/18/2018 11:55 AM ET)
Previous Close$16.25
Today's Range$15.60 - $16.25
52-Week Range$4.55 - $22.75
Volume4,211 shs
Average Volume1.10 million shs
Market Capitalization$782.90 million
P/E Ratio-24.24
Dividend YieldN/A
Beta1.27

About Abeona Therapeutics (NASDAQ:ABEO)

Abeona Therapeutics logoAbeona Therapeutics Inc., a clinical-stage biopharmaceutical company, focuses on developing and delivering gene therapy products for severe and life-threatening rare diseases. The company's lead programs are EB-101 (gene-corrected skin grafts) for recessive dystrophic epidermolysis bullosa (RDEB); ABO-102, which are AAV based gene therapies for Sanfilippo syndrome type A; and ABO-101, an adeno-associated virus (AAV) based gene therapies for Sanfilippo syndrome type B. It is also developing ABO-201 gene therapy for juvenile Batten disease; ABO-202 gene therapy for treatment of infantile Batten disease; EB-201 for for epidermolysis bullosa (EB); ABO-301 for Fanconi anemia disorder; and ABO-302 using a novel CRISPR/Cas9-based gene editing approach to gene therapy program for rare blood diseases. Further, it is involved in marketing MuGard, a mucoadhesive oral wound rinse for the management of mucositis, stomatitis, aphthous ulcers, and traumatic ulcers. Abeona Therapeutics Inc. has collaborations with EB Research Partnership and Epidermolysis Bullosa Medical Research Foundation that focus on gene therapy treatments for EB; and Brammer Bio for commercial translation of ABO-102. The company was formerly known as PlasmaTech Biopharmaceuticals, Inc. and changed its name to Abeona Therapeutics Inc. in June 2015. Abeona Therapeutics Inc. was incorporated in 1989 and is based in Dallas, Texas.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:ABEO
CUSIPN/A
Phone214-665-9495

Debt

Debt-to-Equity RatioN/A
Current Ratio20.80
Quick Ratio20.80

Price-To-Earnings

Trailing P/E Ratio-24.24
Forward P/E Ratio-22.86
P/E GrowthN/A

Sales & Book Value

Annual Sales$840,000.00
Price / Sales901.14
Cash FlowN/A
Price / CashN/A
Book Value$3.64 per share
Price / Book4.40

Profitability

EPS (Most Recent Fiscal Year)($0.66)
Net Income$-27,310,000.00
Net Margins-939.83%
Return on Equity-23.57%
Return on Assets-22.34%

Miscellaneous

Employees42
Outstanding Shares47,310,000

Abeona Therapeutics (NASDAQ:ABEO) Frequently Asked Questions

What is Abeona Therapeutics' stock symbol?

Abeona Therapeutics trades on the NASDAQ under the ticker symbol "ABEO."

How were Abeona Therapeutics' earnings last quarter?

Abeona Therapeutics Inc (NASDAQ:ABEO) posted its quarterly earnings data on Monday, May, 14th. The biopharmaceutical company reported ($0.18) EPS for the quarter, beating analysts' consensus estimates of ($0.19) by $0.01. The biopharmaceutical company had revenue of $2.60 million for the quarter, compared to analyst estimates of $0.27 million. Abeona Therapeutics had a negative return on equity of 23.57% and a negative net margin of 939.83%. View Abeona Therapeutics' Earnings History.

When is Abeona Therapeutics' next earnings date?

Abeona Therapeutics is scheduled to release their next quarterly earnings announcement on Tuesday, August, 21st 2018. View Earnings Estimates for Abeona Therapeutics.

What price target have analysts set for ABEO?

8 Wall Street analysts have issued 12-month price targets for Abeona Therapeutics' shares. Their forecasts range from $23.00 to $36.00. On average, they expect Abeona Therapeutics' share price to reach $29.8750 in the next twelve months. View Analyst Ratings for Abeona Therapeutics.

What are Wall Street analysts saying about Abeona Therapeutics stock?

Here are some recent quotes from research analysts about Abeona Therapeutics stock:
  • 1. According to Zacks Investment Research, "Abeona Therapeutics, Inc. is engaged in developing and delivering gene therapy and plasma-based products for rare diseases. Abeona Therapeutics Inc., formerly known as PlasmaTech Biopharmaceuticals, Inc., is based in Dallas, United States. " (5/21/2018)
  • 2. HC Wainwright analysts commented, "for ABO-202 in Batten Disease; Reiterate Buy Stock Data 04/19/2018 Price $20.05 Exchange NASDAQ Price Target $30.00 52-Week High $22.75 52-Week Low $4.55 Enterprise Value (M) $809.2 Market Cap (M) $947 Public Market Float (M) 24.7 Shares Outstanding (M) 47.2 3 Month Avg Volume 1,230,320 Short Interest (M) 7.59 Balance Sheet Metrics Cash (M) $137.8 Total Debt (M) $0.0 Total Cash/Share $2.92 Book Value/Share $3.63 EPS Diluted Full Year – Dec 2016A 2017A 2018E 1Q (0.17) (0.13) (0.18) 2Q (0.20) (0.21) (0.19) 3Q (0.08) (0.13) (0.21) 4Q (0.18) (0.19) (0.22) FY (0.64) (0.66) (0.81) Revenue ($M) Full Year – Dec 2016A 2017A 2018E 1Q 0.2 0.2 0.4 2Q 0.2 0.2 0.4 3Q 0.2 0.2 0.4 4Q 0.3 0.2 0.4 FY 0.9 0.8 1.4 25 20 15 10 5 0 APR-17 AUG-17 DEC-17 APR-18 5 4 3 2 1 0 Vol. (mil) Price Orphan Drug Designation obtained for ABO-202 in Europe." (4/20/2018)
  • 3. Maxim Group analysts commented, "Abeona announced positive early data for ABO-101 in the first patient treated in the P1/2 trial for Sanfilippo Syndrome Type IIIB. As a reminder, this is the second gene therapy candidate targeting Sanfilippo Syndrome behind ABO-102, which has demonstrated positive data in 8 patients so far with Type IIIA disease. The difference between ABO-101 and ABO-102 is the replaced gene, same targeted pathway." (2/7/2018)

Who are some of Abeona Therapeutics' key competitors?

Who are Abeona Therapeutics' key executives?

Abeona Therapeutics' management team includes the folowing people:
  • Mr. Steven H. Rouhandeh, Exec. Chairman (Age 61)
  • Dr. Timothy J. Miller, Pres, Chief Scientific Officer & Director (Age 46)
  • Mr. Jeffrey Blaine Davis, Chief Operating Officer (Age 55)
  • Mr. Carsten Thiel, Chief Exec. Officer (Age 54)
  • Mr. Stephen B. Thompson, Sr. VP of Fin. and Admin., Chief Accounting Officer, Sec. & Treasurer (Age 64)

Has Abeona Therapeutics been receiving favorable news coverage?

Press coverage about ABEO stock has been trending somewhat positive on Monday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Abeona Therapeutics earned a daily sentiment score of 0.05 on Accern's scale. They also gave news coverage about the biopharmaceutical company an impact score of 45.36 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are Abeona Therapeutics' major shareholders?

Abeona Therapeutics' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.97%), Millennium Management LLC (1.94%), Nexthera Capital LP (0.78%), Northern Trust Corp (0.64%), Sphera Funds Management LTD. (0.62%) and JPMorgan Chase & Co. (0.46%). View Institutional Ownership Trends for Abeona Therapeutics.

Which major investors are selling Abeona Therapeutics stock?

ABEO stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Barclays PLC, California Public Employees Retirement System and Alkeon Capital Management LLC. View Insider Buying and Selling for Abeona Therapeutics.

Which major investors are buying Abeona Therapeutics stock?

ABEO stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Nexthera Capital LP, Sphera Funds Management LTD., UBS Group AG, Cim Investment Mangement Inc., Trexquant Investment LP, Sabby Management LLC and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Abeona Therapeutics.

How do I buy shares of Abeona Therapeutics?

Shares of ABEO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Abeona Therapeutics' stock price today?

One share of ABEO stock can currently be purchased for approximately $16.00.

How big of a company is Abeona Therapeutics?

Abeona Therapeutics has a market capitalization of $782.90 million and generates $840,000.00 in revenue each year. The biopharmaceutical company earns $-27,310,000.00 in net income (profit) each year or ($0.66) on an earnings per share basis. Abeona Therapeutics employs 42 workers across the globe.

How can I contact Abeona Therapeutics?

Abeona Therapeutics' mailing address is 3333 LEE PARKWAY SUITE 600, DALLAS TX, 75219. The biopharmaceutical company can be reached via phone at 214-665-9495 or via email at [email protected]


MarketBeat Community Rating for Abeona Therapeutics (ABEO)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  309 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  468
MarketBeat's community ratings are surveys of what our community members think about Abeona Therapeutics and other stocks. Vote "Outperform" if you believe ABEO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ABEO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/18/2018 by MarketBeat.com Staff

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