Blueprint Medicines Corporation, a biopharmaceutical company, develops drugs of small molecule kinase inhibitors that target genomic drivers in various cancers and a rare genetic disease. Its lead drug candidates include avapritinib, which is in Phase I clinical trials that targets KIT Exon 17 mutant proteins and PDGFRa D842V mutations, that are drivers of cancer and proliferative disorders, including gastrointestinal stromal tumors and systemic mastocytosis; and BLU-554, which is in Phase I clinical trials an orally available, potent, and irreversible inhibitor of the kinase FGFR4 that is activated in a defined subset of patients with hepatocellular carcinoma. It is also developing BLU-667, a drug candidate that targets RET, a receptor tyrosine kinase that is abnormally activated by mutations or translocations; and RET resistant mutants that would arise from treatment with first generation therapies. In addition, the company is developing BLU-782, a discovery program targeting the kinase ALK2 for the treatment of fibrodysplasia ossificans progressiva, a rare genetic disease caused by mutations in the ALK2 gene, ACVR1. The company has an agreement with F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc. to discover, develop, and commercialize small molecule therapeutics targeting kinases. The company was formerly known as Hoyle Pharmaceuticals, Inc. and changed its name to Blueprint Medicines Corporation in June 2011. Blueprint Medicines Corporation was founded in 2008 and is headquartered in Cambridge, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:BPMC
CUSIPN/A
Phone617-374-7580
Debt
Debt-to-Equity Ratio0.02
Current Ratio15.40
Quick Ratio15.40
Price-To-Earnings
Trailing P/E Ratio-17.07
Forward P/E Ratio-12.41
P/E GrowthN/A
Sales & Book Value
Annual Sales$21.43 million
Price / Sales136.86
Cash FlowN/A
Price / CashN/A
Book Value$14.55 per share
Price / Book4.60
Profitability
EPS (Most Recent Fiscal Year)($3.92)
Net Income$-148,110,000.00
Net Margins-1,068.27%
Return on Equity-37.00%
Return on Assets-31.48%
Miscellaneous
Employees149
Outstanding Shares43,840,000
Market Cap$2,936.20
Blueprint Medicines (NASDAQ:BPMC) Frequently Asked Questions
What is Blueprint Medicines' stock symbol?
Blueprint Medicines trades on the NASDAQ under the ticker symbol "BPMC."
How were Blueprint Medicines' earnings last quarter?
Blueprint Medicines Corp (NASDAQ:BPMC) issued its quarterly earnings data on Wednesday, May, 2nd. The biotechnology company reported ($1.29) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.06) by $0.23. The biotechnology company had revenue of $0.95 million for the quarter, compared to the consensus estimate of $2.82 million. Blueprint Medicines had a negative net margin of 1,068.27% and a negative return on equity of 37.00%. The company's revenue was down 83.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.84) EPS. View Blueprint Medicines' Earnings History.
When is Blueprint Medicines' next earnings date?
What price target have analysts set for BPMC?
10 brokerages have issued 1 year target prices for Blueprint Medicines' stock. Their forecasts range from $56.00 to $106.00. On average, they anticipate Blueprint Medicines' stock price to reach $87.1111 in the next year. This suggests a possible upside of 30.2% from the stock's current price. View Analyst Ratings for Blueprint Medicines.
What is the consensus analysts' recommendation for Blueprint Medicines?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blueprint Medicines in the last year. There are currently 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Blueprint Medicines stock?
Here are some recent quotes from research analysts about Blueprint Medicines stock:
- 1. According to Zacks Investment Research, "Blueprint Medicines Corp is an oncology company which is engaged in developing kinase inhibitors for genomically defined cancer subsets. Blueprint Medicines Corp is based in Cambridge, MA. " (7/3/2018)
- 2. Cowen Inc analysts commented, "We maintain our BUY rating following the Q3/17 results. Histogenics reported zero revenue and a diluted net loss of $5.1M, compared to CG/ consensus of $6.5M/$6.3M net loss, and LPS of $(0.23), compared with CG/consensus estimate of $(0.29)/$(0.28). As anticipated, the Q3 call was largely uneventful as Histogenics awaits one-year data from the NeoCart Phase 3 clinical trial. Management noted that 65% of patients are now at the one-year mark and reiterated their expectation for one-year data to be announced in Q3/18." (11/10/2017)
Who are some of Blueprint Medicines' key competitors?
Some companies that are related to Blueprint Medicines include Alnylam Pharmaceuticals (ALNY), Jazz Pharmaceuticals (JAZZ), Perrigo (PRGO), Genmab A/S (GNMSF), Sarepta Therapeutics (SRPT), Beigene (BGNE), Nektar Therapeutics (NKTR), Valeant Pharmaceuticals (VRX), SAGE Therapeutics (SAGE), Alkermes (ALKS), Catalent (CTLT), Ionis Pharmaceuticals (IONS), Dr.Reddy's Laboratories (RDY), United Therapeutics (UTHR) and Loxo Oncology (LOXO).
Who are Blueprint Medicines' key executives?
Blueprint Medicines' management team includes the folowing people:
- Mr. Jeffrey W. Albers, CEO, Pres & Director (Age 47)
- Mr. Alexis A. Borisy, Co-Founder & Director (Age 46)
- Mr. Michael Landsittel, VP of Fin. (Age 46)
- Dr. Christopher K. Murray, Sr. VP of Technical Operations (Age 55)
- Ms. Kathryn Haviland, Chief Bus. Officer (Age 42)
When did Blueprint Medicines IPO?
(BPMC) raised $115 million in an IPO on Thursday, April 30th 2015. The company issued 7,200,000 shares at $15.00-$17.00 per share. Goldman Sachs and Cowen and Company served as the underwriters for the IPO and JMP Securities and Wedbush PacGrow were co-managers.
Has Blueprint Medicines been receiving favorable news coverage?
News articles about BPMC stock have been trending somewhat positive recently, according to Accern. Accern scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blueprint Medicines earned a coverage optimism score of 0.17 on Accern's scale. They also assigned news headlines about the biotechnology company an impact score of 45.84 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Blueprint Medicines' major shareholders?
Blueprint Medicines' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (0.04%), Xact Kapitalforvaltning AB (0.01%) and Bank of Montreal Can (0.01%). Company insiders that own Blueprint Medicines stock include Anthony L Boral, Daniel Lynch, George Demetri, Jeffrey W Albers, Kate Haviland, Kevin P Starr, Marion Dorsch, Mark J Levin, Nicholas Lydon and Rock Ventures Ii LP Third. View Institutional Ownership Trends for Blueprint Medicines.
Which institutional investors are buying Blueprint Medicines stock?
How do I buy shares of Blueprint Medicines?
Shares of BPMC 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 Blueprint Medicines' stock price today?
One share of BPMC stock can currently be purchased for approximately $66.90.
How big of a company is Blueprint Medicines?
Blueprint Medicines has a market capitalization of $2.94 billion and generates $21.43 million in revenue each year. The biotechnology company earns $-148,110,000.00 in net income (profit) each year or ($3.92) on an earnings per share basis. Blueprint Medicines employs 149 workers across the globe.
How can I contact Blueprint Medicines?
Blueprint Medicines' mailing address is 45 SIDNEY STREET, CAMBRIDGE MA, 02139. The biotechnology company can be reached via phone at 617-374-7580 or via email at [email protected]
MarketBeat Community Rating for Blueprint Medicines (NASDAQ BPMC)
MarketBeat's community ratings are surveys of what our community members think about Blueprint Medicines and other stocks. Vote "Outperform" if you believe BPMC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BPMC will underperform the S&P 500 over the long term. You may vote once every thirty days.
