Aerie Pharmaceuticals Company Profile (NASDAQ:AERI)

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

Aerie Pharmaceuticals, Inc. (NASDAQ:AERI) announced its quarterly earnings data on Tuesday, August, 1st. The company reported ($0.82) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.84) by $0.02. View Aerie Pharmaceuticals' Earnings History.

12 equities research analysts have issued 12 month price targets for Aerie Pharmaceuticals' shares. Their forecasts range from $48.00 to $100.00. On average, they expect Aerie Pharmaceuticals' stock price to reach $66.08 in the next twelve months. View Analyst Ratings for Aerie Pharmaceuticals.

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

• 1. According to Zacks Investment Research, "Aerie’s efforts on developing two late-stage candidates – Rhopressa and Roclatan – are encouraging. The company resubmitted new drug application (NDA) for lead candidate Rhopressa in Feb 2017. The FDA determined that the application is sufficiently complete to permit a substantive review and set the PDUFA goal date for the completion of review as Feb 28, 2018. Aerie had earlier withdrawn its NDA that was filed in September as a third party manufacturing facility in Tampa, FL was not ready for pre-approval inspection by the FDA. A potential approval and successful commercialization will significantly boost the company’s growth prospects in the global ophthalmic market. The recent data on Roclatan is also positive. Moreover, Aerie’s shares have outperformed the industry in the year so far. However, with no approved product in its portfolio, Aerie depends heavily on a potential approval of Rhopressa." (7/24/2017)
• 2. HC Wainwright analysts commented, "Blueprint reported a Q1 net loss of $28MM and ended the quarter with $452MM." (5/3/2017)
• 3. Aegis analysts commented, "We still consider the upcoming Mercury 2 three-month efficacy readout for Roclatan expected before the end of Q2, 2017 as being a potentially share moving event. Higher patients dropout rate seen in Rhopressa arm relative to Timolol arm is not concerning to us. 30% of the patients in the Rhopressa arm of the trial discontinued treatment by month 6 compared to 12% of the patient population in the Timolol arm. The most common reason for discontinuation seen in the Rhopressa arm was related to adverse events, at about 19.4%. 2.2% (8) of the subjects in the Timolol arm dropped out due to adverse events. As a point of reference, given that 47% of patients (118 out of 251 patients) on Rhopressa QD completed the treatment by month 12 in Rocket 2, we estimate a maximum drop-off rate of Rhopressa at 53%. Further, according to results published in Persistency: A New Take on Patient Care" by Schwartz in Review of Ophthalmology 11.4 (2004): 108, the discontinuation rates of 66%/50%/46% for Latanoprost/Travoprost/Bimatoprost were seen at month 3 and 6, with rates increasing to 67%/81%/81%, respectively, at month 12." (4/13/2017)
• 4. Needham & Company LLC analysts commented, " AERI reported 4Q16 financials and updated ongoing Rhopressa and Roclatan development activities. The Rhopressa NDA was refiled in late Feb following an issue at the third party manufacturer. AERI expects a potential PDUFA in 1Q18 after a standard FDA review and is in the process of building a commercial org in anticipation of a 1H18 product launch. Key data from both Rhopressa and Roclatan are expected in 2Q17: top-line safety data from the ph 3 ROCKET-4 trial and top-line efficacy data from the ph 3 MERCURY-2 trial. AERI expects to file an NDA for Roclatan in late 2017/early 2018. We maintain our Buy rating and slightly adjust our $PT to $58 (from $52) to reflect a model and valuation update." (3/8/2017)
• 5. Brean Capital analysts commented, "At yesterday’s investor day, Aerie painted a clearer portrait of the current standard of care and competitive glaucoma treatment environment. Management also provided further insight into the recent Mercury 1 data for Roclatan, a closer look at how to measure the effectiveness of glaucoma treatment with added perspective from a former physician, as well as revisited what the company’s future value adding drivers will be and articulated the international strategy. We took the opportunity to dive deeper into our model, taking into account potential future European launches and Japanese clinical trials." (10/6/2016)

Some companies that are related to Aerie Pharmaceuticals include Clovis Oncology (CLVS), AveXis (AVXS), Juno Therapeutics (JUNO), BeiGene (BGNE), Agios Pharmaceuticals (AGIO), Intercept Pharmaceuticals (ICPT), GW Pharmaceuticals PLC (GWPH), Ultragenyx Pharmaceutical (RARE), Spark Therapeutics (ONCE), China Biologic Products (CBPO), Sarepta Therapeutics (SRPT), Axovant Sciences (AXON), Prothena Corporation PLC (PRTA), Loxo Oncology (LOXO), NovoCure Limited (NVCR), Halozyme Therapeutics (HALO), Radius Health (RDUS) and Array BioPharma (ARRY).

Aerie Pharmaceuticals' management team includes the folowing people:

• Vicente Anido Jr., Ph.D., Chairman of the Board, Chief Executive Officer
• Thomas A. Mitro, President, Chief Operating Officer
• Casey C. Kopczynski Ph.D., Co-Founder, Chief Scientific Officer
• Richard J. Rubino CPA, Chief Financial Officer, Secretary
• Gerald D. Cagle Ph.D., Independent Director
• Richard J. Croarkin, Independent Director
• Michael M. Du Toit, Independent Director
• Murray A. Goldberg, Independent Director
• Benjamin F. McGraw III, Pharm.D., Independent Director

Aerie Pharmaceuticals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.16%), Vanguard Group Inc. (5.94%), Jennison Associates LLC (5.60%), State Street Corp (1.93%), Bank of New York Mellon Corp (1.30%) and Northern Trust Corp (1.11%). Company insiders that own Aerie Pharmaceuticals stock include Foresite Capital Fund Ii, LP, Geoffrey M Duyk and Gerald D Cagle. View Institutional Ownership Trends for Aerie Pharmaceuticals.

Aerie Pharmaceuticals' stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Citigroup Inc., Ameriprise Financial Inc., Alliancebernstein L.P., Bank of Nova Scotia, Benchmark Capital Advisors, Harvey Capital Management Inc. and Asymmetry Capital Management L.P.. Company insiders that have sold Aerie Pharmaceuticals stock in the last year include Foresite Capital Fund Ii, LP and Geoffrey M Duyk. View Insider Buying and Selling for Aerie Pharmaceuticals.

Aerie Pharmaceuticals' stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Senzar Asset Management LLC, Broadfin Capital LLC, AXA, Russell Investments Group Ltd., Bank of New York Mellon Corp, Suffolk Capital Management LLC and Teachers Advisors LLC. Company insiders that have bought Aerie Pharmaceuticals stock in the last two years include Foresite Capital Fund Ii, LP and Gerald D Cagle. View Insider Buying and Selling for Aerie Pharmaceuticals.

Shares of Aerie Pharmaceuticals can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Aerie Pharmaceuticals stock can currently be purchased for approximately $54.80.