NASDAQ:AERIAerie Pharmaceuticals Stock Price, Forecast & News

$14.22

-0.17 (-1.18 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$13.81

Now: $14.22▼

$14.75

50-Day Range

$12.71

MA: $14.99▼

$16.13

52-Week Range

$10.80

Now: $14.22▼

$39.34

Volume1.52 million shs

Average Volume968,617 shs

Market Capitalization$660.77 million

P/E RatioN/A

Dividend YieldN/A

Beta0.95

Aerie Pharmaceuticals, Inc., an ophthalmic pharmaceutical company, focuses on the discovery, development, and commercialization of first-in-class therapies for the treatment of glaucoma, retinal diseases, and other eye diseases. Its lead product is Rhopressa, a once-daily eye drop to reduce elevated intraocular pressure (IOP) in patients with glaucoma or ocular hypertension. The company's advanced-stage product candidate is Roclatan, a once-daily eye drop to reduce IOP to treat patients with open-angle glaucoma and ocular hypertension. Aerie Pharmaceuticals, Inc. has a collaborative research, development, and licensing agreement with DSM. Aerie Pharmaceuticals, Inc. was founded in 2005 and is headquartered in Durham, North Carolina.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
Aerie Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 12 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $35.57, Aerie Pharmaceuticals has a potential upside of 150.2% from its current price of $14.22.
Amount of Analyst Coverage
Aerie Pharmaceuticals has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Aerie Pharmaceuticals has received 757 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Aerie Pharmaceuticals has received 524 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Aerie Pharmaceuticals has received 59.09% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Aerie Pharmaceuticals and other stocks. Vote “Outperform” if you believe AERI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AERI will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Aerie Pharmaceuticals does not currently pay a dividend.
Dividend Growth
Aerie Pharmaceuticals does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aerie Pharmaceuticals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $76,350.00 in company stock.
Percentage Held by Insiders
Only 8.71% of the stock of Aerie Pharmaceuticals is held by insiders.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Aerie Pharmaceuticals are expected to grow in the coming year, from ($3.39) to ($2.22) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Aerie Pharmaceuticals is -3.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Aerie Pharmaceuticals is -3.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Aerie Pharmaceuticals has a P/B Ratio of 5.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.61 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Biological products, except diagnostic

Sub-IndustryN/A

SectorMedical

Current SymbolNASDAQ:AERI

Previous Symbol

CUSIPN/A

CIK1337553

Webwww.aeriepharma.com

Phone919-237-5300

Debt

Debt-to-Equity Ratio1.61

Current Ratio4.28

Quick Ratio4.02

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$69.89 million

Price / Sales9.45

Cash FlowN/A

Price / Cash FlowN/A

Book Value$2.74 per share

Price / Book5.19

Profitability

EPS (Most Recent Fiscal Year)($3.40)

Net Income$-199,580,000.00

Net Margins-252.92%

Return on Equity-95.74%

Return on Assets-39.98%

Miscellaneous

Employees353

Outstanding Shares46,468,000

Market Cap$660.77 million

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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Aerie Pharmaceuticals (NASDAQ:AERI) Frequently Asked Questions

How has Aerie Pharmaceuticals' stock been impacted by COVID-19 (Coronavirus)?

Aerie Pharmaceuticals' stock was trading at $14.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AERI shares have decreased by 2.3% and is now trading at $14.22. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Aerie Pharmaceuticals?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aerie Pharmaceuticals in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Aerie Pharmaceuticals.

When is Aerie Pharmaceuticals' next earnings date?

Aerie Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Aerie Pharmaceuticals.

How were Aerie Pharmaceuticals' earnings last quarter?

Aerie Pharmaceuticals Inc (NASDAQ:AERI) announced its earnings results on Wednesday, May, 6th. The company reported ($0.83) earnings per share for the quarter, missing analysts' consensus estimates of ($0.75) by $0.08. The business had revenue of $20.34 million for the quarter, compared to the consensus estimate of $21.04 million. Aerie Pharmaceuticals had a negative net margin of 252.92% and a negative return on equity of 95.74%. View Aerie Pharmaceuticals' earnings history.

What price target have analysts set for AERI?

14 analysts have issued 1-year target prices for Aerie Pharmaceuticals' stock. Their forecasts range from $17.00 to $56.00. On average, they anticipate Aerie Pharmaceuticals' stock price to reach $35.57 in the next year. This suggests a possible upside of 150.2% from the stock's current price. View analysts' price targets for Aerie Pharmaceuticals.

What are Wall Street analysts saying about Aerie Pharmaceuticals stock?

Here are some recent quotes from research analysts about Aerie Pharmaceuticals stock:

1. According to Zacks Investment Research, "Aerie reported mixed results for the fourth quarter of 2019, as the loss came in wider than expected, while sales surpassed expectations. The volumes picked up in the last two months of 2019. Aerie has an impressive portfolio of two ophthalmology drugs — Rhopressa and Rocklatan. Rhopressa is a once-daily formulation for IOP in patients suffering from open-angle glaucoma and ocular hypertension, while Rocklatan is a once-daily, quadruple-action, fixed-dose combination of Rhopressa and Xalatan. Aerie also obtained the approval of Rhokiinsa in Europe. Approval in additional geographies will boost sales. Glaucoma is one of the largest segments in the ophthalmic market. While the targeted market represents potential, Aerie faces stiff competition from Lumigan and Vyzulta, among others. Shares have underperformed the industry in the past year." (2/24/2020)
2. HC Wainwright analysts commented, "We recently lowered our 2019 revenue to just under $80M vs. prior guidance of $110-120M, and Aeri just lowered to $70-80M. While this looks far below consensus of $98M, we believe current expectation were more in the $85M range, thus guidance is not too far below that. Importantly, we believe the guidance is very achievable, and based only on what the company is already seeing internally in terms of orders, leading indicators and managed care progress, rather than on aggressive market-research based assumptions." (8/8/2019)

Has Aerie Pharmaceuticals been receiving favorable news coverage?

Press coverage about AERI stock has been trending somewhat negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. 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. Aerie Pharmaceuticals earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future. View the latest news aboutAerie Pharmaceuticals.

Are investors shorting Aerie Pharmaceuticals?

Aerie Pharmaceuticals saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 9,720,000 shares, an increase of 5.1% from the April 15th total of 9,250,000 shares. Based on an average daily trading volume, of 962,900 shares, the days-to-cover ratio is presently 10.1 days. Approximately 24.2% of the company's shares are sold short. View Aerie Pharmaceuticals' Current Options Chain.

Who are some of Aerie Pharmaceuticals' key competitors?

Some companies that are related to Aerie Pharmaceuticals include Fate Therapeutics (FATE), Alector (ALEC), Bill.com (RVMD), Adverum Biotechnologies (ADVM), SpringWorks Therapeutics (SWTX), Twist Bioscience (TWST), Regenxbio (RGNX), Sangamo Therapeutics (SGMO), Mesoblast (MESO), Editas Medicine (EDIT), I-Mab (BDTX), Cortexyme (CRTX), Translate Bio (TBIO), Beam Therapeutics (BEAM) and Coherus Biosciences (CHRS). View all competitors.

What other stocks do shareholders of Aerie Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aerie Pharmaceuticals investors own include Canopy Growth (CGC), NicOx (NICXF), Melinta Therapeutics (MLNT), NVIDIA (NVDA), Micron Technology (MU), BioMarin Pharmaceutical (BMRN), Gilead Sciences (GILD), Incyte (INCY), Puma Biotechnology (PBYI) and Alibaba Group (BABA).

Who are Aerie Pharmaceuticals' key executives?

Aerie Pharmaceuticals' management team includes the following people:

Dr. Vicente J. Anido Jr., CEO & Chairman (Age 66)
Mr. Thomas A. Mitro, Pres & COO (Age 61)
Dr. Casey C. Kopczynski, Co-Founder & Chief Scientific Officer (Age 58)
Mr. Richard James Rubino CPA, CFO, Sec. & Treasurer (Age 61)
Ms. Jessica Crespo CPA, Director of Accounting

What is Aerie Pharmaceuticals' stock symbol?

Aerie Pharmaceuticals trades on the NASDAQ under the ticker symbol "AERI."

Who are Aerie Pharmaceuticals' major shareholders?

Aerie Pharmaceuticals' stock is owned by a number of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (14.50%), BlackRock Inc. (7.50%), Levin Capital Strategies L.P. (3.23%), Fred Alger Management LLC (3.01%), Bank of New York Mellon Corp (2.91%) and Rice Hall James & Associates LLC (2.77%). Company insiders that own Aerie Pharmaceuticals stock include Casey C Kopczynski, Foresite Capital Fund Ii, LP, Foresite Capital Management Ii, Gerald D Cagle, Richard J Rubino, Thomas A Mitro and Vicente Anido Jr. View institutional ownership trends for Aerie Pharmaceuticals.

Which major investors are selling Aerie Pharmaceuticals stock?

AERI stock was sold by a variety of institutional investors in the last quarter, including Foresite Capital Management III LLC, Foresite Capital Management II LLC, Foresite Capital Management IV LLC, Invesco Ltd., Levin Capital Strategies L.P., Granahan Investment Management Inc. MA, Frontier Capital Management Co. LLC, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Aerie Pharmaceuticals.

Which major investors are buying Aerie Pharmaceuticals stock?

AERI stock was acquired by a variety of institutional investors in the last quarter, including First Manhattan Co., Wellington Management Group LLP, Fred Alger Management LLC, SG Americas Securities LLC, Citigroup Inc., Nuveen Asset Management LLC, Tarsadia Capital LLC, and Balyasny Asset Management LLC. Company insiders that have bought Aerie Pharmaceuticals stock in the last two years include Foresite Capital Fund Ii, LP, Foresite Capital Management Ii, Gerald D Cagle, Richard J Rubino, and Vicente Anido Jr. View insider buying and selling activity for Aerie Pharmaceuticals.

How do I buy shares of Aerie Pharmaceuticals?

Shares of AERI 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, Robinhood, Fidelity, and Charles Schwab.

What is Aerie Pharmaceuticals' stock price today?

One share of AERI stock can currently be purchased for approximately $14.22.

How big of a company is Aerie Pharmaceuticals?

Aerie Pharmaceuticals has a market capitalization of $660.77 million and generates $69.89 million in revenue each year. The company earns $-199,580,000.00 in net income (profit) each year or ($3.40) on an earnings per share basis. Aerie Pharmaceuticals employs 353 workers across the globe.

What is Aerie Pharmaceuticals' official website?

The official website for Aerie Pharmaceuticals is www.aeriepharma.com.

How can I contact Aerie Pharmaceuticals?

Aerie Pharmaceuticals' mailing address is 4301 Emperor Boulevard Suite 400, North Carolina NC, 27703. The company can be reached via phone at 919-237-5300 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff