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

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$7.91 -0.14 (-1.74 %)
(As of 11/16/2018 11:36 AM ET)
Previous Close$8.05
Today's Range$7.70 - $8.20
52-Week Range$6.94 - $22.00
Volume7,368 shs
Average Volume698,170 shs
Market Capitalization$367.73 million
P/E Ratio-12.05
Dividend YieldN/A
Beta1.77
Abeona 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
Current SymbolNASDAQ:ABEO
Previous SymbolOTCMKTS:ACCP
CUSIPN/A
Phone214-665-9495

Debt

Debt-to-Equity RatioN/A
Current Ratio11.09
Quick Ratio21.08

Price-To-Earnings

Trailing P/E Ratio-12.05
Forward P/E Ratio-8.99
P/E GrowthN/A

Sales & Book Value

Annual Sales$840,000.00
Price / Sales451.44
Cash FlowN/A
Price / CashN/A
Book Value$3.13 per share
Price / Book2.53

Profitability

EPS (Most Recent Fiscal Year)($0.66)
Net Income$-27,310,000.00
Net Margins-843.14%
Return on Equity-27.69%
Return on Assets-26.42%

Miscellaneous

Employees42
Outstanding Shares47,940,000
Market Cap$367.73 million
OptionableOptionable

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) issued its quarterly earnings data on Monday, November, 12th. The biopharmaceutical company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.23) by $0.11. The biopharmaceutical company earned $1.71 million during the quarter, compared to analyst estimates of $1.02 million. Abeona Therapeutics had a negative net margin of 843.14% and a negative return on equity of 27.69%. View Abeona Therapeutics' Earnings History.

When is Abeona Therapeutics' next earnings date?

Abeona Therapeutics is scheduled to release their next quarterly earnings announcement on Friday, March 15th 2019. View Earnings Estimates for Abeona Therapeutics.

What price target have analysts set for ABEO?

10 equities research analysts have issued twelve-month target prices for Abeona Therapeutics' stock. Their predictions range from $17.00 to $36.00. On average, they anticipate Abeona Therapeutics' stock price to reach $26.90 in the next twelve months. This suggests a possible upside of 239.2% from the stock's current price. View Analyst Price Targets for Abeona Therapeutics.

What is the consensus analysts' recommendation for Abeona Therapeutics?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Abeona Therapeutics in the last year. There are currently 10 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. Cantor Fitzgerald analysts commented, "We rate Abeona Therapeutics Overweight. Abeona focuses on developing and delivering gene therapy for severe and life-threatening rare diseases. Its lead programs are ABO-101 and ABO-102, adeno-associated virus (AAV)-based gene therapies for Sanfilippo syndrome and EB-101 for recessive dystrophic epidermolysis bullosa. Valuation Summary We value Abeona based on a risk-adjusted NPV of future cash flows associated with its developmental stage programs. Our 12-month price target is $36/share." (11/12/2018)
  • 2. Maxim Group analysts commented, "Abeona announced a license agreement for Regenxbio’s (RGNX – NR) NAV AAV9 vector for the treatment of four diseases: Sanfilippo syndrome type A (MPS IIIA), Sanfilippo syndrome type B (MPS IIIB), Infantile Batten disease (CLN1 disease), and Juvenile Batten disease (CLN3 disease)." (11/5/2018)
  • 3. 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. " (10/17/2018)
  • 4. 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)

Has Abeona Therapeutics been receiving favorable news coverage?

Press coverage about ABEO stock has trended positive on Friday, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Abeona Therapeutics earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave news articles about the biopharmaceutical company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.

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)

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%), BlackRock Inc. (4.63%), Nexthera Capital LP (1.77%), Sphera Funds Management LTD. (0.70%), Perceptive Advisors LLC (0.50%) and Allianz Asset Management GmbH (0.23%). 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., JPMorgan Chase & Co., Virtus ETF Advisers LLC and AQR Capital Management LLC. View Insider Buying and Selling for Abeona Therapeutics.

Which major investors are buying Abeona Therapeutics stock?

ABEO stock was bought by a variety of institutional investors in the last quarter, including Nexthera Capital LP, Perceptive Advisors LLC, Sphera Funds Management LTD., FMR LLC, Dimensional Fund Advisors LP, Creative Planning, Jane Street Group LLC and BlackRock 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 $7.93.

How big of a company is Abeona Therapeutics?

Abeona Therapeutics has a market capitalization of $367.73 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.

What is Abeona Therapeutics' official website?

The official website for Abeona Therapeutics is http://www.abeonatherapeutics.com.

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:  363 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  573
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 11/16/2018 by MarketBeat.com Staff

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