NASDAQ:AKBA - Akebia Therapeutics Stock Price, News, & Analysis

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$7.32 +0.83 (+12.79 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$6.49
Today's Range$6.58 - $7.36
52-Week Range$5.20 - $15.37
Volume1.55 million shs
Average Volume864,911 shs
Market Capitalization$417.67 million
P/E Ratio-4.14
Dividend YieldN/A
Beta1.35
Akebia Therapeutics, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel therapeutics for patients with renal disease through hypoxia-inducible factor (HIF) biology. Its lead product candidate is vadadustat, an oral therapy, which is in Phase III development for the treatment of anemia due to chronic kidney disease in dialysis and non-dialysis patients. The company is also developing a HIF-based portfolio of product candidates, such as AKB-5169, a preclinical compound for the treatment of inflammatory bowel disease. Akebia Therapeutics, Inc. has collaboration agreements with Otsuka Pharmaceutical Co. Ltd. for the development and commercialization of vadadustat in the United States, European Union, Russia, China, Australia, Canada, the Middle East, and other countries; and Mitsubishi Tanabe Pharma Corporation for the development and commercialization of vadadustat in Japan and other Asian countries, as well as research and license agreement with Janssen Pharmaceutica NV for the development and commercialization of HIF-prolyl hydroxylases-targeted compounds internationally. The company was founded in 2007 and is headquartered in Cambridge, Massachusetts.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:AKBA
CUSIPN/A
Phone617-871-2098

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$177.98 million
Book Value$2.52 per share

Profitability

Net Income$-76,910,000.00

Miscellaneous

Employees114
Market Cap$417.67 million
Next Earnings Date3/11/2019 (Estimated)
OptionableOptionable

Akebia Therapeutics (NASDAQ:AKBA) Frequently Asked Questions

What is Akebia Therapeutics' stock symbol?

Akebia Therapeutics trades on the NASDAQ under the ticker symbol "AKBA."

How were Akebia Therapeutics' earnings last quarter?

Akebia Therapeutics Inc (NASDAQ:AKBA) released its quarterly earnings data on Thursday, November, 8th. The biopharmaceutical company reported ($0.46) EPS for the quarter, beating analysts' consensus estimates of ($0.64) by $0.18. The biopharmaceutical company earned $53.17 million during the quarter, compared to the consensus estimate of $39.71 million. Akebia Therapeutics had a negative return on equity of 45.61% and a negative net margin of 30.29%. View Akebia Therapeutics' Earnings History.

When is Akebia Therapeutics' next earnings date?

Akebia Therapeutics is scheduled to release their next quarterly earnings announcement on Monday, March 11th 2019. View Earnings Estimates for Akebia Therapeutics.

What price target have analysts set for AKBA?

5 equities research analysts have issued twelve-month target prices for Akebia Therapeutics' stock. Their predictions range from $9.00 to $22.00. On average, they anticipate Akebia Therapeutics' stock price to reach $16.1667 in the next twelve months. This suggests a possible upside of 120.9% from the stock's current price. View Analyst Price Targets for Akebia Therapeutics.

What is the consensus analysts' recommendation for Akebia Therapeutics?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akebia Therapeutics in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Akebia Therapeutics.

What are Wall Street analysts saying about Akebia Therapeutics stock?

Here are some recent quotes from research analysts about Akebia Therapeutics stock:
  • 1. According to Zacks Investment Research, "Akebia Therapeutics Inc. is a biopharmaceutical company. It focuses on the development and commercialization of proprietary therapeutics based on hypoxia inducible factor biology for patients with kidney disease. Akebia Therapeutics, Inc. is headquartered in Cambridge, Massachusetts. " (2/11/2019)
  • 2. Mizuho analysts commented, "We expect Akebia to compete with two other products within next-generation (HIF-PHI) anemia drugs and we believe order of market entry will be; 1) Fibrogen (FGEN, Buy, $74 PT)’s roxadustat, 2) Akebia’s vadadustat, and 3) GlaxoSmithKline (GSK, Not-rated)’s daprodustat, which we think is ~ 6 months behind vadadustat." (12/4/2018)

Has Akebia Therapeutics been receiving favorable news coverage?

Media stories about AKBA stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Akebia Therapeutics earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned media headlines about the biopharmaceutical company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.

Who are some of Akebia Therapeutics' key competitors?

What other stocks do shareholders of Akebia Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Akebia Therapeutics investors own include Novavax (NVAX), Gilead Sciences (GILD), FireEye (FEYE), AT&T (T), Synergy Pharmaceuticals (SGYP), Energy Transfer LP Unit (ET), TherapeuticsMD (TXMD), Pfizer (PFE), Micron Technology (MU) and Netflix (NFLX).

Who are Akebia Therapeutics' key executives?

Akebia Therapeutics' management team includes the folowing people:
  • Mr. John P. Butler, CEO, Pres & Director (Age 55)
  • Mr. Michel Dahan, Sr. VP & Chief Bus. Officer (Age 40)
  • Dr. Rita Jain, Sr. VP & Chief Medical Officer (Age 57)
  • Mr. Jason A. Amello, Sr. VP, CFO & Treasurer (Age 51)
  • Ms. Nicole R. Hadas, Sr. VP, Gen. Counsel & Sec. (Age 46)

Who are Akebia Therapeutics' major shareholders?

Akebia Therapeutics' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Baupost Group LLC MA (42.89%), BlackRock Inc. (14.54%), Perceptive Advisors LLC (2.99%), Northern Trust Corp (1.87%), Geode Capital Management LLC (1.77%) and Dimensional Fund Advisors LP (1.65%). Company insiders that own Akebia Therapeutics stock include Duane Nash, Michel Dahan, Muneer A Satter and Nicole R Hadas. View Institutional Ownership Trends for Akebia Therapeutics.

Which institutional investors are selling Akebia Therapeutics stock?

AKBA stock was sold by a variety of institutional investors in the last quarter, including Perceptive Advisors LLC, First Manhattan Co., Tekla Capital Management LLC, Millennium Management LLC, Tocqueville Asset Management L.P., Virtus ETF Advisers LLC and Bank of America Corp DE. View Insider Buying and Selling for Akebia Therapeutics.

Which institutional investors are buying Akebia Therapeutics stock?

AKBA stock was purchased by a variety of institutional investors in the last quarter, including Baupost Group LLC MA, BlackRock Inc., Dimensional Fund Advisors LP, Old West Investment Management LLC, Northern Trust Corp, Geode Capital Management LLC, Bank of New York Mellon Corp and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for Akebia Therapeutics.

How do I buy shares of Akebia Therapeutics?

Shares of AKBA 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 Akebia Therapeutics' stock price today?

One share of AKBA stock can currently be purchased for approximately $7.32.

How big of a company is Akebia Therapeutics?

Akebia Therapeutics has a market capitalization of $417.67 million and generates $177.98 million in revenue each year. The biopharmaceutical company earns $-76,910,000.00 in net income (profit) each year or ($1.77) on an earnings per share basis. Akebia Therapeutics employs 114 workers across the globe.

What is Akebia Therapeutics' official website?

The official website for Akebia Therapeutics is http://www.akebia.com.

How can I contact Akebia Therapeutics?

Akebia Therapeutics' mailing address is 245 FIRST STREET SUITE 1100, CAMBRIDGE MA, 02142. The biopharmaceutical company can be reached via phone at 617-871-2098 or via email at [email protected]


MarketBeat Community Rating for Akebia Therapeutics (NASDAQ AKBA)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  281 (Vote Outperform)
Underperform Votes:  213 (Vote Underperform)
Total Votes:  494
MarketBeat's community ratings are surveys of what our community members think about Akebia Therapeutics and other stocks. Vote "Outperform" if you believe AKBA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AKBA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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