NASDAQ:ARRY - Array Biopharma Stock Price, Price Target & More

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$16.89 -0.17 (-1.00 %)
(As of 07/18/2018 04:00 PM ET)
Previous Close$17.06
Today's Range$16.43 - $17.07
52-Week Range$7.15 - $20.21
Volume1.98 million shs
Average Volume3.20 million shs
Market Capitalization$3.59 billion
P/E Ratio-23.69
Dividend YieldN/A
Beta1.68
Array Biopharma logoArray BioPharma Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of small molecule drugs to treat patients with cancer in North America, Europe, and the Asia Pacific. The company's drugs in Phase III clinical trials include Binimetinib, Encorafenib, Selumetinib, and Ipatasertib/GDC-0068 for the treatment of cancer, as well as ASC08/Danoprevir to treat hepatitis C virus. Its drug candidates in Phase II/registration trials comprise Larotrectinib/LOXO-101, a PanTrk inhibitor for cancer; Tucatinib/ONT-380, a HER2 inhibitor for breast cancer; and Varlitinib/ASLAN001, a Pan-HER2 inhibitor for gastric or breast cancer. In addition, the company is developing ARRY-797, a p38 inhibitor, which is in Phase II clinical trials for Lamin A/C-related dilated cardiomyopathy; Motolimod/VTX-2337, a Toll-like receptor that is under Phase II clinical studies for cancer; and Prexasertib/LY2606368, a CHK-1 inhibitor, which is in Phase II clinical studies for cancer, as well as ARRY-382, a CSF1R inhibitor that is under Phase I/II clinical trial to treat cancer. Further, it is developing GDC-0575, a CHK-1 inhibitor that is in Phase Ib clinical trial for the treatment of cancer; LOXO-292, a RET inhibitor, which is under Phase I clinical trials to treat cancer; and LOXO-195, a NTRK inhibitor that is under Phase I clinical trials to treat cancer. Array BioPharma Inc. has a collaboration agreement with Amgen, Asahi Kasei Pharma Corporation, Loxo Oncology, and Mirati Therapeutics, Inc. The company was founded in 1998 and is headquartered in Boulder, Colorado.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
SymbolNASDAQ:ARRY
CUSIP04269X10
Phone303-381-6600

Debt

Debt-to-Equity Ratio0.36
Current Ratio5.73
Quick Ratio5.73

Price-To-Earnings

Trailing P/E Ratio-23.69
Forward P/E Ratio-23.14
P/E GrowthN/A

Sales & Book Value

Annual Sales$150.85 million
Price / Sales23.58
Cash FlowN/A
Price / CashN/A
Book Value$0.07 per share
Price / Book241.29

Profitability

EPS (Most Recent Fiscal Year)($0.72)
Net Income$-116,810,000.00
Net Margins-72.33%
Return on Equity-96.65%
Return on Assets-31.97%

Miscellaneous

Employees209
Outstanding Shares210,640,000
Market Cap$3,587.15

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Array Biopharma (NASDAQ:ARRY) Frequently Asked Questions

What is Array Biopharma's stock symbol?

Array Biopharma trades on the NASDAQ under the ticker symbol "ARRY."

How were Array Biopharma's earnings last quarter?

Array Biopharma Inc (NASDAQ:ARRY) issued its quarterly earnings data on Wednesday, May, 9th. The biopharmaceutical company reported ($0.11) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.22) by $0.11. The biopharmaceutical company had revenue of $66.37 million for the quarter, compared to the consensus estimate of $28.81 million. Array Biopharma had a negative net margin of 72.33% and a negative return on equity of 96.65%. The firm's revenue for the quarter was up 99.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.21) earnings per share. View Array Biopharma's Earnings History.

When is Array Biopharma's next earnings date?

Array Biopharma is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Array Biopharma.

What price target have analysts set for ARRY?

9 Wall Street analysts have issued 12-month price targets for Array Biopharma's shares. Their forecasts range from $13.00 to $33.00. On average, they expect Array Biopharma's stock price to reach $21.5556 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price. View Analyst Ratings for Array Biopharma.

What is the consensus analysts' recommendation for Array Biopharma?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Array Biopharma in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Array Biopharma stock?

Here are some recent quotes from research analysts about Array Biopharma stock:
  • 1. According to Zacks Investment Research, "Array BioPharma Inc. is a biopharmaceutical company focused on the discovery, development and commercialization of targeted small molecule drugs to treat life threatening and debilitating diseases. The company's proprietary drug development pipeline is focused on the treatment of cancer and inflammatory disease and includes clinical candidates that are designed to regulate therapeutically important targets. In addition, leading pharmaceutical and biotechnology companies collaborate with Array to discover and develop drug candidates across a broad range of therapeutic areas. " (7/11/2018)
  • 2. Cantor Fitzgerald analysts commented, ". We maintain an Overweight rating with an updated $26 PT on ARRY shares. The company has an upcoming PDUFA of 6/30/18 for the combination of binimetinib/encorafenib (bini/enco), which, based on the results of the COLUMBUS study, has the potential to be best-in-class and take a market-leader position, in our view. In addition, we see further opportunity in BRAF+ CRC based on the safety lead-in portion data presented to date from the BEACON-CRC study." (6/24/2018)

Are investors shorting Array Biopharma?

Array Biopharma saw a decrease in short interest in June. As of June 29th, there was short interest totalling 13,980,612 shares, a decrease of 13.4% from the June 15th total of 16,138,003 shares. Based on an average trading volume of 4,269,157 shares, the days-to-cover ratio is presently 3.3 days. Currently, 6.7% of the company's stock are short sold. View Array Biopharma's Current Options Chain.

Who are some of Array Biopharma's key competitors?

Who are Array Biopharma's key executives?

Array Biopharma's management team includes the folowing people:
  • Mr. Ron Squarer, Chief Exec. Officer and Director (Age 51)
  • Mr. Jason Haddock, Chief Financial Officer (Age 48)
  • Mr. Andrew R. Robbins, Chief Operating Officer (Age 42)
  • Dr. Victor Sandor M.D., C.M, Chief Medical Officer (Age 52)
  • Dr. Nicholas A. Saccomano Ph.D., Chief Scientific Officer (Age 59)

Has Array Biopharma been receiving favorable news coverage?

News stories about ARRY stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Array Biopharma earned a daily sentiment score of 0.03 on Accern's scale. They also assigned news articles about the biopharmaceutical company an impact score of 46.61 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Array Biopharma's major shareholders?

Array Biopharma's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (0.47%), Financial & Investment Management Group Ltd. (0.11%), Fisher Asset Management LLC (0.06%), Boston Advisors LLC (0.02%) and Xact Kapitalforvaltning AB (0.01%). Company insiders that own Array Biopharma stock include Andrew R Robbins, Charles M Baum, Jason Haddock, Kyle Lefkoff, Lunsen Gil J Van, Redmile Group, Llc, Ron Squarer and Victor Sandor. View Institutional Ownership Trends for Array Biopharma.

Which institutional investors are selling Array Biopharma stock?

ARRY stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB and Fisher Asset Management LLC. Company insiders that have sold Array Biopharma company stock in the last year include Andrew R Robbins, Charles M Baum, Jason Haddock, Kyle Lefkoff, Lunsen Gil J Van, Ron Squarer and Victor Sandor. View Insider Buying and Selling for Array Biopharma.

Which institutional investors are buying Array Biopharma stock?

ARRY stock was bought by a variety of institutional investors in the last quarter, including Financial & Investment Management Group Ltd., Boston Advisors LLC and Xact Kapitalforvaltning AB. View Insider Buying and Selling for Array Biopharma.

How do I buy shares of Array Biopharma?

Shares of ARRY 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 Array Biopharma's stock price today?

One share of ARRY stock can currently be purchased for approximately $16.89.

How big of a company is Array Biopharma?

Array Biopharma has a market capitalization of $3.59 billion and generates $150.85 million in revenue each year. The biopharmaceutical company earns $-116,810,000.00 in net income (profit) each year or ($0.72) on an earnings per share basis. Array Biopharma employs 209 workers across the globe.

How can I contact Array Biopharma?

Array Biopharma's mailing address is 3200 Walnut Street, Boulder CO, 80301. The biopharmaceutical company can be reached via phone at 303-381-6600 or via email at [email protected]


MarketBeat Community Rating for Array Biopharma (NASDAQ ARRY)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  368 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  573
MarketBeat's community ratings are surveys of what our community members think about Array Biopharma and other stocks. Vote "Outperform" if you believe ARRY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARRY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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