Audentes Therapeutics, Inc., a clinical stage biotechnology company, focuses on developing and commercializing gene therapy products for patients suffering from diseases caused by single gene defects. The company is developing AT132, which is in Phase I/II clinical studies for the treatment of X-linked myotubular myopathy (XLMTM); AT342 that is in Phase I/II clinical studies to treat crigler-najjar syndrome; AT982, which is in preclinical studies for the treatment of pompe disease; and AT307 that is in preclinical studies to treat CASQ2 subtype of catecholaminergic polymorphic ventricular tachycardia. Audentes Therapeutics, Inc. has a collaborative development agreement with Genethon to research, develop, manufacture, and commercialize products for the treatment of XLMTM; and license and collaboration agreement with the University of Pennsylvania to research, develop, sell, and import licensed products for the treatment of crigler-najjar. The company was founded in 2012 and is headquartered in San Francisco, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:BOLD
CUSIPN/A
Phone415-818-1001
Debt
Debt-to-Equity RatioN/A
Current Ratio19.06
Quick Ratio19.06
Price-To-Earnings
Trailing P/E Ratio-11.56
Forward P/E Ratio-12.03
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book Value($5.38) per share
Price / Book-7.44
Profitability
EPS (Most Recent Fiscal Year)($3.40)
Net Income$-90,230,000.00
Net MarginsN/A
Return on EquityN/A
Return on Assets-38.04%
Miscellaneous
Employees152
Outstanding Shares37,330,000
Market Cap$1.47 billion
Audentes Therapeutics (NASDAQ:BOLD) Frequently Asked Questions
What is Audentes Therapeutics' stock symbol?
Audentes Therapeutics trades on the NASDAQ under the ticker symbol "BOLD."
How were Audentes Therapeutics' earnings last quarter?
Audentes Therapeutics Inc (NASDAQ:BOLD) announced its quarterly earnings data on Wednesday, August, 8th. The biotechnology company reported ($0.85) earnings per share for the quarter, missing analysts' consensus estimates of ($0.78) by $0.07. View Audentes Therapeutics' Earnings History.
When is Audentes Therapeutics' next earnings date?
What price target have analysts set for BOLD?
12 brokers have issued twelve-month price targets for Audentes Therapeutics' stock. Their forecasts range from $20.00 to $49.00. On average, they expect Audentes Therapeutics' share price to reach $35.4545 in the next year. This suggests that the stock has a possible downside of 11.5%. View Analyst Price Targets for Audentes Therapeutics.
What is the consensus analysts' recommendation for Audentes Therapeutics?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Audentes Therapeutics in the last year. There are currently 2 sell ratings, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Audentes Therapeutics.
What are Wall Street analysts saying about Audentes Therapeutics stock?
Here are some recent quotes from research analysts about Audentes Therapeutics stock:
- 1. Mizuho analysts commented, "We estimate a total of 21 RMAT designations have been granted by the FDA, including Audentes (see page 2 for a list of all companies that have received the RMAT designation). The list includes a number of gene therapy companies after the FDA expanded the RMAT designation to include gene therapies in November 2017. The RMAT designation for Audentes was granted based on positive results from the ongoing ASPIRO phase 1/2 clinical trial of AT132, illustrated in our latest note (available here)." (8/22/2018)
- 2. According to Zacks Investment Research, "Audentes Therapeutics, Inc. is a biotechnology company which focused on developing and commercializing gene therapy products for patients suffering from serious, life-threatening rare diseases. The company's product pipeline consists of AT132 for the treatment of X-linked myotubular myopathy; AT342 for the treatment of crigler-najjar syndrome type 1; AT307 for the treatment of the CASQ2 subtype of catecholaminergic polymorphic ventricular tachycardia and AT982 for the treatment of pompe disease, which are in pre-clinical trial stage. Audentes Therapeutics, Inc. is based in San Francisco, California. " (8/9/2018)
- 3. Chardan Capital analysts commented, "We initiate coverage on Neutral rating (PT$35): While we see the company’s initial phase I/II results with AAV-based gene therapies (GT) as promising, we see more constrained market opportunities due to small patient populations. Audentes has developed 4 assets to target rare/ultra-rare diseases of the liver, heart, or skeletal muscle. The lead product candidate, AT132, is an AAV8-based GT being tested in the phase I/II ASPIRO trial (NCT03199469) as a treatment for X-linked myotubular myopathy (XLMTM). The 2nd clinical stage asset is AT342, an AAV8-based GT in the phase I/II VALENS trial (NCT03223194) for Crigler-Najjar syndrome (CN). 2 additional products, AT982 for Pompe disease and AT307 for CASQ2-CPVT, are in preclinical development." (6/25/2018)
- 4. Raymond James analysts commented, "We are maintaining our Market Perform rating on BOLD. Therapy (ASGCT) annual meeting, the company provided an update on the ongoing Phase I/II ASPIRO study of AT132 for X-linked myotubular myopathy (XLMTM). By comparing the results of the ASPIRO study and those of the INCEPTUS trial, in our opinion, the totality of the updated data continues to suggest that AT132 provides a significant benefit to patients suffering with XLMTM, which may lead to an accelerated regulatory pathway. That said, we remain cautiously optimistic about the commercial prospect of this product given rare nature of the disease being pursued." (5/17/2018)
- 5. William Blair analysts commented, "We view the update as a positive and initial safety concerns as largely overblown, particularly when compared with the data from the INCEPTUS run-in study and noting that the majority were in a single patient who had previously experienced several pneumonia episodes, a tachycardic event in the run-in trial, and was on 24 hours of invasive ventilation at baseline." (5/17/2018)
Are investors shorting Audentes Therapeutics?
Audentes Therapeutics saw a decrease in short interest in the month of August. As of August 15th, there was short interest totalling 1,437,975 shares, a decrease of 27.7% from the July 31st total of 1,988,178 shares. Based on an average daily volume of 399,607 shares, the short-interest ratio is currently 3.6 days. Approximately 4.6% of the company's stock are short sold. View Audentes Therapeutics' Current Options Chain.
Who are some of Audentes Therapeutics' key competitors?
Some companies that are related to Audentes Therapeutics include Ablynx (ABLYF), argenx (ARGX), China Biologic Products (CBPO), Aerie Pharmaceuticals (AERI), Crispr Therapeutics (CRSP), Regenxbio (RGNX), Repligen (RGEN), Halozyme Therapeutics (HALO), Acceleron Pharma (XLRN), Spark Therapeutics (ONCE), Momenta Pharmaceuticals (MNTA), Atara Biotherapeutics (ATRA), Denali Therapeutics (DNLI), Rubius Therapeutics (RUBY) and Solid Biosciences (SLDB).
Who are Audentes Therapeutics' key executives?
Audentes Therapeutics' management team includes the folowing people:
- Mr. Matthew R. Patterson, Co-Founder, CEO & Director (Age 46)
- Ms. Natalie C. Holles, Pres & COO (Age 45)
- Mr. Thomas P. Soloway, Sr. VP & CFO (Age 51)
- Dr. John T. Gray, Sr. VP & Chief Scientific Officer (Age 55)
- Mr. David Nagler, Sr. VP of HR & Corp. Affairs (Age 66)
When did Audentes Therapeutics IPO?
(BOLD) raised $75 million in an initial public offering on Wednesday, July 20th 2016. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. BofA Merrill Lynch, Cowen and Company and Piper Jaffray acted as the underwriters for the IPO and Wedbush PacGrow was co-manager.
Has Audentes Therapeutics been receiving favorable news coverage?
Press coverage about BOLD stock has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Audentes Therapeutics earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned media stories about the biotechnology company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Audentes Therapeutics.
Who are Audentes Therapeutics' major shareholders?
Audentes Therapeutics' stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (11.60%), Orbimed Advisors LLC (7.01%), BlackRock Inc. (6.69%), Redmile Group LLC (5.97%), Jennison Associates LLC (2.78%) and Victory Capital Management Inc. (2.01%). Company insiders that own Audentes Therapeutics stock include 5Am Partners Iii, Llc, David Nagler, Louis G Lange, Mary Newman, Matthew R Patterson, Orbimed Advisors Llc and Suyash Prasad. View Institutional Ownership Trends for Audentes Therapeutics.
Which institutional investors are selling Audentes Therapeutics stock?
BOLD stock was sold by a variety of institutional investors in the last quarter, including Orbimed Advisors LLC, FMR LLC, Spark Investment Management LLC, Essex Investment Management Co. LLC, Mission Wealth Management LP, Belpointe Asset Management LLC and United Services Automobile Association. Company insiders that have sold Audentes Therapeutics company stock in the last year include David Nagler, Louis G Lange, Mary Newman, Matthew R Patterson, Orbimed Advisors Llc and Suyash Prasad. View Insider Buying and Selling for Audentes Therapeutics.
Which institutional investors are buying Audentes Therapeutics stock?
BOLD stock was purchased by a variety of institutional investors in the last quarter, including Redmile Group LLC, BlackRock Inc., Partner Fund Management L.P., Nexthera Capital LP, Victory Capital Management Inc., Federated Investors Inc. PA, Millennium Management LLC and Northern Trust Corp. View Insider Buying and Selling for Audentes Therapeutics.
How do I buy shares of Audentes Therapeutics?
Shares of BOLD 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 Audentes Therapeutics' stock price today?
One share of BOLD stock can currently be purchased for approximately $40.05.
How big of a company is Audentes Therapeutics?
Audentes Therapeutics has a market capitalization of $1.47 billion. The biotechnology company earns $-90,230,000.00 in net income (profit) each year or ($3.40) on an earnings per share basis. Audentes Therapeutics employs 152 workers across the globe.
How can I contact Audentes Therapeutics?
Audentes Therapeutics' mailing address is 600 CALIFORNIA ST. 17TH FLOOR, SAN FRANCISCO CA, 94108. The biotechnology company can be reached via phone at 415-818-1001 or via email at [email protected]
MarketBeat Community Rating for Audentes Therapeutics (NASDAQ BOLD)
MarketBeat's community ratings are surveys of what our community members think about Audentes Therapeutics and other stocks. Vote "Outperform" if you believe BOLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BOLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
