NASDAQ:ABEO - Abeona Therapeutics Stock Price, News, & Analysis

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$12.63 -1.37 (-9.79 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$14.00
Today's Range$12.50 - $14.10
52-Week Range$10.50 - $22.75
Volume3.22 million shs
Average Volume909,656 shs
Market Capitalization$661.62 million
P/E Ratio-19.14
Dividend YieldN/A
Beta1.22
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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio21.08
Quick Ratio21.08

Price-To-Earnings

Trailing P/E Ratio-19.14
Forward P/E Ratio-15.99
P/E GrowthN/A

Sales & Book Value

Annual Sales$840,000.00
Price / Sales720.81
Cash FlowN/A
Price / CashN/A
Book Value$3.64 per share
Price / Book3.47

Profitability

EPS (Most Recent Fiscal Year)($0.66)
Net Income$-27,310,000.00
Net Margins-881.74%
Return on Equity-23.02%
Return on Assets-22.02%

Miscellaneous

Employees42
Outstanding Shares47,940,000
Market Cap$661.62 million

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) announced its quarterly earnings results on Friday, August, 10th. The biopharmaceutical company reported ($0.25) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.19) by $0.06. The biopharmaceutical company had revenue of $0.82 million for the quarter, compared to analyst estimates of $1.81 million. Abeona Therapeutics had a negative return on equity of 23.02% and a negative net margin of 881.74%. View Abeona Therapeutics' Earnings History.

When is Abeona Therapeutics' next earnings date?

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

What price target have analysts set for ABEO?

9 analysts have issued twelve-month target prices for Abeona Therapeutics' shares. Their predictions range from $23.00 to $36.00. On average, they anticipate Abeona Therapeutics' share price to reach $29.4444 in the next twelve months. This suggests a possible upside of 133.1% from the stock's current price. View Analyst Price Targets for Abeona Therapeutics.

What is the consensus analysts' recommendation for Abeona Therapeutics?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Abeona Therapeutics in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. HC Wainwright analysts commented, "Valuation methodology, risks and uncertainties. We ascribe a total risk-adjusted net present value (rNPV) of $1.46B to Abeona’s technology platforms, which yields a price per share of $30.00 based on about 50M shares outstanding as of end-2Q 2019. We utilize an 85% probability of success for EB-101." (9/13/2018)
  • 2. 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. " (8/15/2018)
  • 3. Maxim Group analysts commented, "Abeona reported 2Q18 with a net loss of $11.7M. The company ended the period with $120M in cash on the balance sheet and with a current burn rate of $11-12M per quarter has sufficient runway into 2020. We expect multiple data points (catalysts) across the company’s gene therapy platform (Sanfilippo into 2019." (8/10/2018)

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?

News headlines about ABEO stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Abeona Therapeutics earned a daily sentiment score of 0.18 on Accern's scale. They also gave media stories about the biopharmaceutical company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Abeona Therapeutics.

Who are Abeona Therapeutics' major shareholders?

Abeona Therapeutics' stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (15.00%), FMR LLC (14.80%), BlackRock Inc. (4.62%), Millennium Management LLC (2.04%), Nexthera Capital LP (1.32%) and PointState Capital LP (1.22%). 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 Ardsley Advisory Partners. 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 FMR LLC, FMR LLC, PointState Capital LP, BlackRock Inc., Nexthera Capital LP, Northern Trust Corp, Bank of America Corp DE and TD Asset Management Inc.. 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 $12.63.

How big of a company is Abeona Therapeutics?

Abeona Therapeutics has a market capitalization of $661.62 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 (NASDAQ ABEO)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  347 (Vote Outperform)
Underperform Votes:  195 (Vote Underperform)
Total Votes:  542
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 9/21/2018 by MarketBeat.com Staff

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