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
Industry Biological products, except diagnostic
Sub-IndustryBiotechnology
SectorMedical
SymbolNASDAQ:ACOR
CUSIP00484M10
Phone914-347-4300
Debt
Debt-to-Equity Ratio0.61
Current Ratio3.65
Quick Ratio3.41
Price-To-Earnings
Trailing P/E Ratio28.32
Forward P/E Ratio-26.53
P/E GrowthN/A
Sales & Book Value
Annual Sales$588.29 million
Price / Sales2.36
Cash Flow$1.7816 per share
Price / Cash16.53
Book Value$11.12 per share
Price / Book2.65
Profitability
EPS (Most Recent Fiscal Year)$1.04
Net Income$-223,350,000.00
Net Margins-36.98%
Return on Equity-3.38%
Return on Assets-1.63%
Miscellaneous
Employees484
Outstanding Shares47,070,000
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) released its quarterly earnings results on Wednesday, May, 2nd. The biopharmaceutical company reported $0.14 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.19. The biopharmaceutical company earned $106.17 million during the quarter, compared to the consensus estimate of $130.94 million. Acorda Therapeutics had a negative return on equity of 3.38% and a negative net margin of 36.98%. The company's revenue was down 11.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.08) earnings per share. View Acorda Therapeutics' Earnings History.
When is Acorda Therapeutics' next earnings date?
What price target have analysts set for ACOR?
13 brokers have issued 12 month price objectives for Acorda Therapeutics' stock. Their forecasts range from $13.00 to $37.00. On average, they expect Acorda Therapeutics' share price to reach $21.8333 in the next year. 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. According to Zacks Investment Research, "Acorda’s earnings missed the Zacks Consesnsus Estimate in the first quarter of 2018. Revenues also fell short of the consensus mark. The company 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. 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." (5/7/2018)
- 2. HC Wainwright analysts commented, "Ziopharm’s CAR-T Programs Make a Splash at ASH; Reiterate Buy Ziopharm’s 2nd-gen CAR-T shows promise in early study. We attended the 2017 Annual Meeting of the American Society of Hematology (ASH) over the last weekend, where Ziopharm presented interim results from the ongoing Phase 1 clinical study in patients with CD19 + leukemia or lymphoma treated with Ziopharm’s second generation CD19 + CAR-T therapy. Recall, Ziopharm’s second generation CAR-T cells were manufactured using the company’s proprietary Sleeping Beauty (SB) transposon platform which shortens the manufacturing process to two weeks compared to the typical 3-4 weeks for currently approved CAR-T therapies, such as Kymriah from Novartis (NVS; not rated) and Yescarta from Gilead (GILD; not rated). The results from the Phase 1 study show that treatment of patients with relapsed/refractory leukemia or lymphoma (n = 8) resulted in a 50% complete response rate after one month of therapy." (12/14/2017)
- 3. Cantor Fitzgerald analysts commented, "Not what ACOR stock needed. ACOR announced this morning that an increase in blood monitoring for agranulocytosis is being implemented for subjects in the Phase 3 trial of tozadenant in Parkinson’s disease (PD)." (11/15/2017)
Who are some of Acorda Therapeutics' key competitors?
Some companies that are related to Acorda Therapeutics include Ablynx (ABLYF), Spark Therapeutics (ONCE), China Biologic Products (CBPO), Crispr Therapeutics (CRSP), argenx (ARGX), Aerie Pharmaceuticals (AERI), Halozyme Therapeutics (HALO), Regenxbio (RGNX), Repligen (RGEN), Editas Medicine (EDIT), Atara Biotherapeutics (ATRA), Acceleron Pharma (XLRN), Denali Therapeutics (DNLI), Sangamo Therapeutics (SGMO) and Momenta Pharmaceuticals (MNTA).
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 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)
Has Acorda Therapeutics been receiving favorable news coverage?
News headlines about ACOR stock have been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than twenty 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. Acorda Therapeutics earned a media sentiment score of 0.11 on Accern's scale. They also assigned news coverage about the biopharmaceutical company an impact score of 45.24 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Acorda Therapeutics' major shareholders?
Acorda Therapeutics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.63%), Northern Trust Corp (2.21%), Millennium Management LLC (1.56%), Spark Investment Management LLC (1.09%), Principal Financial Group Inc. (0.78%) and Principal Financial Group Inc. (0.78%). Company insiders that own Acorda Therapeutics stock include Andrew A Hindman, Barry E Greene, Burkhard Blank, David Lawrence, Ian F Smith, Jane Wasman, Lorin Randall, Richard P Batycky, 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 Alambic Investment Management L.P., Schwab Charles Investment Management Inc., Guggenheim Capital LLC, American International Group Inc., Teacher Retirement System of Texas, Virginia Retirement Systems ET AL, Diamond Hill Capital Management Inc. and BNP Paribas Arbitrage SA. Company insiders that have sold Acorda Therapeutics company stock in the last year include Andrew A Hindman, Barry E Greene, Burkhard Blank, David Lawrence, Ian F Smith, Lorin Randall, 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 bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Dimensional Fund Advisors LP, Water Island Capital LLC, Matarin Capital Management LLC, Spark Investment Management LLC, GSA Capital Partners LLP, Prudential Financial Inc. and Cubist Systematic Strategies LLC. 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 $29.45.
How big of a company is Acorda Therapeutics?
Acorda Therapeutics has a market capitalization of $1.39 billion 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.
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 (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.
