Acorda Therapeutics, Inc., a biopharmaceutical company, identifies, develops, and commercializes therapies for neurological disorders in the United States. The company markets Ampyra (dalfampridine), an oral drug to improve walking in patients with multiple sclerosis (MS); and Qutenza, a dermal patch for the management of neuropathic pain associated with post-herpetic neuralgia. It also markets Ampyra as Fampyra in Europe, Asia, and the Americas. In addition, the company develops Inbrija for the treatment of OFF periods in Parkinson's disease; an inhaled triptan (zolmitriptan) for acute treatment of migraine by using the ARCUS drug delivery technology; SYN120, which is completed Phase II clinical trial to treat Parkinson's disease-related dementia; and BTT1023 (timolumab) that is in Phase II clinical trial for primary sclerosing cholangitis. Further, it develops rHIgM22, which is in Phase I clinical trial for the treatment of MS; and Cimaglermin alfa that is in Phase Ib clinical trial for heart failure patients. The company has collaborations and license agreements with Biogen International GmbH; Alkermes plc; Rush-Presbyterian St. Luke's Medical Center; Alkermes, Inc.; Astellas Pharma Europe Ltd.; Canadian Spinal Research Organization; Mayo Foundation for Education and Research; Paion AG; Medarex, Inc.; and Brigham and Women's Hospital, Inc. Acorda Therapeutics, Inc. was founded in 1995 and is headquartered in Ardsley, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Biological products, except diagnostic
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:ACOR
Previous Symbol
CUSIP00484M10
Phone914-347-4300
Debt
Debt-to-Equity Ratio0.57
Current Ratio4.03
Quick Ratio3.95
Price-To-Earnings
Trailing P/E Ratio17.91
Forward P/E Ratio232.88
P/E GrowthN/A
Sales & Book Value
Annual Sales$588.29 million
Price / Sales1.51
Cash Flow$1.7811 per share
Price / Cash Flow10.46
Book Value$11.12 per share
Price / Book1.68
Profitability
EPS (Most Recent Fiscal Year)$1.04
Net Income$-223,350,000.00
Net Margins-24.88%
Return on Equity13.72%
Return on Assets6.31%
Miscellaneous
Employees484
Outstanding Shares47,560,000
Market Cap$886.01 million
OptionableOptionable
Acorda Therapeutics (NASDAQ:ACOR) Frequently Asked Questions
What is Acorda Therapeutics' stock symbol?
Acorda Therapeutics trades on the NASDAQ under the ticker symbol "ACOR."
How were Acorda Therapeutics' earnings last quarter?
Acorda Therapeutics Inc (NASDAQ:ACOR) issued its quarterly earnings data on Wednesday, October, 31st. The biopharmaceutical company reported $0.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.15. The biopharmaceutical company had revenue of $142.80 million for the quarter, compared to the consensus estimate of $82.74 million. Acorda Therapeutics had a negative net margin of 24.88% and a positive return on equity of 13.72%. Acorda Therapeutics's revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the firm posted $0.43 EPS. View Acorda Therapeutics' Earnings History.
When is Acorda Therapeutics' next earnings date?
What price target have analysts set for ACOR?
9 analysts have issued 1-year target prices for Acorda Therapeutics' shares. Their predictions range from $18.00 to $37.00. On average, they expect Acorda Therapeutics' share price to reach $25.75 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View Analyst Price Targets for Acorda Therapeutics.
What is the consensus analysts' recommendation for Acorda Therapeutics?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acorda Therapeutics in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Acorda Therapeutics.
What are Wall Street analysts saying about Acorda Therapeutics stock?
Here are some recent quotes from research analysts about Acorda Therapeutics stock:
- 1. HC Wainwright analysts commented, "Valuation methodology, risks, and uncertainties. We currently ascribe $570M to AMPYRA and $850M to INBRIJA on a risk-adjusted net present value (rNPV) basis, using an 85% probability of success and a 15% discount rate for INBRIJA along with a 12% discount rate for AMPYRA." (11/5/2018)
- 2. Jefferies Financial Group Inc analysts commented, "Q3 beat due to delayed launch of generic Amprya last qtr…however, IMS points to -40% Q3 reduction in TRx already and as expected. Key milestone for ACOR is potential approval of 5th PDUFA. Analysis below suggests probability of approval is incrementally higher given recent developments – but we are Hold due to fairly balanced risk/reward up and down on the scenarios. With Ampyra generic happening now as expected, focus shifts to approval of Inbrija and whether ACOR should remain a standalone or look to sell itself to maximize value. When asked on the call, mgmt. says they are regularly exploring all options to maximize shareholder value (though if they do an OUS partnership as guided we predict stock would go down based on less M&A likelihood)." (11/4/2018)
- 3. Cantor Fitzgerald analysts commented, ": We are reiterating our Neutral rating and $32 PT for ACOR. The company announced today that the US Court of Appeals has upheld a decision to invalidate four Ampyra patents, with the last remaining patent having expired on July 30, 2018. However, in our recent initiation on ACOR, we did not ascribe value to Ampyra due to the prior court rulings, which we predicted would be upheld on appeal. We anticipate a steep decline in Ampyra sales as generics now have an opportunity to enter the market, and this court decision may prompt generics to launch soon." (9/10/2018)
- 4. According to Zacks Investment Research, "Acorda is presently working on strengthening its Parkinson’s pipeline by focusing on the late stage candidate Inbrija in its portfolio. Inbrija’s NDA is under review in the United States and EU. Acorda boasts a strong pipeline addressing a wide range of disorders. The restructing initiative is also encuraging. The company’s share price has outperformed the industry so far this year. However, the company’s key multiple sclerosis drug Ampyra is expected to face generic competition from mid-2018 in the United States. Hence, Acorda’s dependence on Ampyra to draw major part of its revenues is concerning. Moreover, Inbrija received a refusal-to-file letter from the FDA for NDA for Inbrija last August. This in turn delayed its expected commercial launch, which was anticipated much earlier." (7/3/2018)
Has Acorda Therapeutics been receiving favorable news coverage?
News headlines about ACOR stock have been trending somewhat positive on Sunday, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Acorda Therapeutics earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave media headlines about the biopharmaceutical company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
Who are some of Acorda Therapeutics' key competitors?
Some companies that are related to Acorda Therapeutics include argenx (ARGX), Allogene Therapeutics (ALLO), Repligen (RGEN), China Biologic Products (CBPO), Acceleron Pharma (XLRN), Halozyme Therapeutics (HALO), Regenxbio (RGNX), Denali Therapeutics (DNLI), Atara Biotherapeutics (ATRA), Crispr Therapeutics (CRSP), Aerie Pharmaceuticals (AERI), Rubius Therapeutics (RUBY), Spark Therapeutics (ONCE), Autolus Therapeutics (AUTL) and Editas Medicine (EDIT).
Who are Acorda Therapeutics' key executives?
Acorda Therapeutics' management team includes the folowing people:
- Dr. Ron Cohen, Founder, CEO, Pres & Director (Age 62)
- Mr. David Lawrence, Chief Technology officer, Chief of Bus. Operations & Principal Accounting Officer (Age 60)
- Ms. Lauren M. Sabella, Chief Commercial Officer (Age 57)
- Mr. Andrew Asa Hindman, Chief Bus. Officer (Age 45)
- Dr. Burkhard Blank, Chief Medical Officer (Age 63)
Who are Acorda Therapeutics' major shareholders?
Acorda Therapeutics' stock is owned by a number of of retail and institutional investors. Top institutional investors include Scopia Capital Management LP (14.94%), Vanguard Group Inc. (11.32%), Dimensional Fund Advisors LP (6.08%), Renaissance Technologies LLC (2.68%), Acadian Asset Management LLC (0.96%) and Prudential Financial Inc. (0.93%). Company insiders that own Acorda Therapeutics stock include Andrew A Hindman, Barry E Greene, Burkhard Blank, David Lawrence, Ian F Smith, Lauren M Sabella, Lorin Randall, Ron Cohen, Scopia Capital Management Lp and Steven M Rauscher. View Institutional Ownership Trends for Acorda Therapeutics.
Which institutional investors are selling Acorda Therapeutics stock?
ACOR stock was sold by a variety of institutional investors in the last quarter, including Scopia Capital Management LP, Nexthera Capital LP, Dimensional Fund Advisors LP, Panagora Asset Management Inc., First Quadrant L P CA, BlueMountain Capital Management LLC, Pictet Asset Management Ltd. and Arizona State Retirement System. Company insiders that have sold Acorda Therapeutics company stock in the last year include Andrew A Hindman, Burkhard Blank, David Lawrence, Ian F Smith, Lauren M Sabella, Lorin Randall, Ron Cohen, Scopia Capital Management Lp and Steven M Rauscher. View Insider Buying and Selling for Acorda Therapeutics.
Which institutional investors are buying Acorda Therapeutics stock?
ACOR stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vanguard Group Inc., Acadian Asset Management LLC, Prudential Financial Inc., Matarin Capital Management LLC, American Century Companies Inc., James Investment Research Inc. and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have bought Acorda Therapeutics stock in the last two years include Ron Cohen and Scopia Capital Management Lp. View Insider Buying and Selling for Acorda Therapeutics.
How do I buy shares of Acorda Therapeutics?
Shares of ACOR 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 Acorda Therapeutics' stock price today?
One share of ACOR stock can currently be purchased for approximately $18.63.
How big of a company is Acorda Therapeutics?
Acorda Therapeutics has a market capitalization of $886.01 million and generates $588.29 million in revenue each year. The biopharmaceutical company earns $-223,350,000.00 in net income (profit) each year or $1.04 on an earnings per share basis. Acorda Therapeutics employs 484 workers across the globe.
What is Acorda Therapeutics' official website?
How can I contact Acorda Therapeutics?
Acorda Therapeutics' mailing address is 420 SAW MILL RIVER ROAD, ARDSLEY NY, 10502. The biopharmaceutical company can be reached via phone at 914-347-4300.
MarketBeat Community Rating for Acorda Therapeutics (NASDAQ ACOR)
MarketBeat's community ratings are surveys of what our community members think about Acorda Therapeutics and other stocks. Vote "Outperform" if you believe ACOR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ACOR will underperform the S&P 500 over the long term. You may vote once every thirty days.
