NASDAQ:AKAO - Achaogen Stock Price, News, & Analysis

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$0.17 -0.01 (-5.41 %)
(As of 04/21/2019 04:00 PM ET)
Previous Close$0.1748
Today's Range$0.1630 - $0.1790
52-Week Range$0.14 - $15.00
Volume2.85 million shs
Average Volume5.04 million shs
Market Capitalization$11.17 million
P/E RatioN/A
Dividend YieldN/A
Beta0.78
Achaogen, Inc., a late-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of antibacterial treatments against multi-drug resistant (MDR) gram-negative infections in the United States. The company is principally developing plazomicin for the treatment of serious bacterial infections, including urinary tract infections, blood stream infections, and other infections due to MDR enterobacteriaceae comprising carbapenem-resistant enterobacteriaceae. It is also involved in the development of antibacterial candidate C-Scape, an orally-administered combination of clavulanate and ceftibuten, which targets serious bacterial infections due to expanded spectrum beta-lactamases producing enterobacteriaceae; and therapeutic antibody discovery program. The company has license and collaboration agreements with Thermo Fisher Scientific, Inc. to develop and commercialize an assay to support plazomicin; Crystal Biosciences, Inc. to discover monoclonal antibodies against multiple targets; Ionis Pharmaceuticals, Inc. for certain patents relating to aminoglycoside antibacterial compounds and related know-how to develop and commercialize certain novel aminoglycoside antibacterial compounds; and Hovione Limited to manufacture the active pharmaceutical ingredient for plazomicin. The company was incorporated in 2002 and is based in South San Francisco, California.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:AKAO
CUSIPN/A
Phone650-800-3636

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.73 million
Book Value($0.13) per share

Profitability

Net Income$-186,510,000.00
Net Margins-2,136.94%

Miscellaneous

Employees206
Market Cap$11.17 million
Next Earnings Date5/3/2019 (Estimated)
OptionableOptionable

Achaogen (NASDAQ:AKAO) Frequently Asked Questions

What is Achaogen's stock symbol?

Achaogen trades on the NASDAQ under the ticker symbol "AKAO."

How were Achaogen's earnings last quarter?

Achaogen Inc (NASDAQ:AKAO) issued its quarterly earnings results on Monday, August, 6th. The biopharmaceutical company reported ($1.11) earnings per share for the quarter, missing the consensus estimate of ($0.92) by $0.19. The biopharmaceutical company had revenue of $2.56 million for the quarter, compared to analysts' expectations of $1.49 million. Achaogen had a negative net margin of 2,136.94% and a negative return on equity of 357.49%. View Achaogen's Earnings History.

When is Achaogen's next earnings date?

Achaogen is scheduled to release their next quarterly earnings announcement on Friday, May 3rd 2019. View Earnings Estimates for Achaogen.

What price target have analysts set for AKAO?

9 Wall Street analysts have issued 12 month target prices for Achaogen's shares. Their predictions range from $2.00 to $22.00. On average, they expect Achaogen's share price to reach $10.00 in the next year. This suggests a possible upside of 5,620.8% from the stock's current price. View Analyst Price Targets for Achaogen.

What is the consensus analysts' recommendation for Achaogen?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Achaogen in the last year. There are currently 9 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Achaogen.

What are Wall Street analysts saying about Achaogen stock?

Here are some recent quotes from research analysts about Achaogen stock:
  • 1. According to Zacks Investment Research, "Achaogen, Inc. is a clinical-stage biopharmaceutical company. It is focused on the discovery, development, and commercialization of novel antibacterials to treat multi-drug resistant, or MDR, gram-negative infections. The Company is developing plazomicin, its lead product candidate, for the treatment of serious bacterial infections due to MDR enterobacteriaceae, including carbapenem-resistant enterobacteriaceae. Achaogen, Inc. is headquartered in South San Francisco, California. " (4/16/2019)
  • 2. Needham & Company LLC analysts commented, "Achaogen hosted a 4Q18 conference call yesterday to provide a corporate update. Zemdri sales were $0.5M, consistent w/ pre-announced $0.45-0.5M. Mgmt implemented another corporate restructure in Feb 2019 to conserve resources. Sales force and MSL group has been scaled back to only a few personnel who will focus on a modest number of existing accounts. The move is expected to reduce cash burn to $15-17M in 2Q19, pushing runway to Jun 2019. Mgmt continues to examine strategic options, although no details provided. Zemdri is still used primarily in outpatient setting. Given small commercial infrastructure, it seems unlikely the drug will meaningfully penetrate the inpatient hospital setting even as hospitals gradually add the drug to formulary." (3/29/2019)
  • 3. HC Wainwright analysts commented, "916-3963, POS Risk-adj value Full value Rating ZEMDRI – U.S. 100% $1.35 $1.35 Shares outstanding 63,206 S/O: Post-Feb 2019 equity raise. ZEMDRI – EU 35% $0.35 $1.00 Current share price $0.86 Discount rate 24.0% C-Scape – U.S." (2/21/2019)
  • 4. Mizuho analysts commented, "We see significant risk in Achaogen even though we believe ZEMDRI is a positively differentiated product with strategic value. We reduce our 2019 revenue from ~ $27mn to ~$14mn; reiterate Neutral and $3 PT." (2/15/2019)

Has Achaogen been receiving favorable news coverage?

News articles about AKAO stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Achaogen earned a daily sentiment score of 1.2 on InfoTrie's scale. They also gave press coverage about the biopharmaceutical company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Who are some of Achaogen's key competitors?

What other stocks do shareholders of Achaogen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Achaogen investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Cypress Semiconductor (CY), Micron Technology (MU), Synergy Pharmaceuticals (SGYP) and Ciena (CIEN).

Who are Achaogen's key executives?

Achaogen's management team includes the folowing people:
  • Mr. Blake Wise, CEO & Director (Age 48)
  • Mr. Gary Loeb, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 49)
  • Ms. Zeryn Sarpangal, CFO and Principal Financial & Accounting Officer (Age 39)
  • Ms. Elizabeth Bhatt, Chief Bus. Officer & COO (Age 50)
  • Ms. Jeannie Lloyds, VP of Sales

Who are Achaogen's major shareholders?

Achaogen's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Virtu Financial LLC (0.09%). Company insiders that own Achaogen stock include Blake Wise, Elizabeth Bhatt, Gary Loeb, Janet Dorling, Kenneth J Hillan, Robert W Duggan, Tobin Schilke and Zeryn Sarpangal. View Institutional Ownership Trends for Achaogen.

Which institutional investors are buying Achaogen stock?

AKAO stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC. View Insider Buying and Selling for Achaogen.

How do I buy shares of Achaogen?

Shares of AKAO 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 Achaogen's stock price today?

One share of AKAO stock can currently be purchased for approximately $0.1748.

How big of a company is Achaogen?

Achaogen has a market capitalization of $11.17 million and generates $8.73 million in revenue each year. The biopharmaceutical company earns $-186,510,000.00 in net income (profit) each year or ($3.70) on an earnings per share basis. Achaogen employs 206 workers across the globe.

What is Achaogen's official website?

The official website for Achaogen is http://www.achaogen.com.

How can I contact Achaogen?

Achaogen's mailing address is 1 TOWER PLACE SUITE 300, SOUTH SAN FRANCISCO CA, 94080. The biopharmaceutical company can be reached via phone at 650-800-3636 or via email at [email protected]


MarketBeat Community Rating for Achaogen (NASDAQ AKAO)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  383 (Vote Outperform)
Underperform Votes:  252 (Vote Underperform)
Total Votes:  635
MarketBeat's community ratings are surveys of what our community members think about Achaogen and other stocks. Vote "Outperform" if you believe AKAO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AKAO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/21/2019 by MarketBeat.com Staff

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