NASDAQ:BSTC - BioSpecifics Technologies Stock Price, News, & Analysis

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$58.16 +0.68 (+1.18 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$57.48
Today's Range$56.53 - $58.7299
52-Week Range$38.05 - $66.21
Volume27,563 shs
Average Volume29,213 shs
Market Capitalization$418.86 million
P/E Ratio34.21
Dividend YieldN/A
Beta1.48
BioSpecifics Technologies Corp., a biopharmaceutical company, engages in the development of an injectable collagenase clostridium histolyticum for multiple indications in the United States and internationally. The company offers injectable collagenase for the treatment of Dupuytren's contracture and Peyronie's disease under the XIAFLEX or Xiapex brand names. It also provides injectable collagenase to treat frozen shoulder, cellulite, canine lipoma, lateral hip fat, and plantar fibromatosis, as well as for the treatment of human lipoma and uterine fibroids. The company is also involved in the development of other clinical indications for which collagenase injection has been tested, such as keloids, hypertrophic scars, scarred tendons, glaucoma, herniated intervertebral discs, and as an adjunct to vitrectomy. It has a development and license agreement with Endo Global Ventures. BioSpecifics Technologies Corp. was founded in 1957 and is headquartered in Lynbrook, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:BSTC
Previous Symbol
CUSIP09093110
Phone516-593-7000

Debt

Debt-to-Equity RatioN/A
Current Ratio48.43
Quick Ratio34.06

Price-To-Earnings

Trailing P/E Ratio34.21
Forward P/E Ratio23.26
P/E GrowthN/A

Sales & Book Value

Annual Sales$27.44 million
Price / Sales15.43
Cash Flow$2.0602 per share
Price / Cash28.23
Book Value$12.60 per share
Price / Book4.62

Profitability

EPS (Most Recent Fiscal Year)$1.70
Net Income$11.32 million
Net Margins54.96%
Return on Equity20.81%
Return on Assets19.83%

Miscellaneous

Employees5
Outstanding Shares7,280,000
Market Cap$418.86 million
OptionableNot Optionable

BioSpecifics Technologies (NASDAQ:BSTC) Frequently Asked Questions

What is BioSpecifics Technologies' stock symbol?

BioSpecifics Technologies trades on the NASDAQ under the ticker symbol "BSTC."

How were BioSpecifics Technologies' earnings last quarter?

BioSpecifics Technologies Corp. (NASDAQ:BSTC) announced its earnings results on Friday, November, 9th. The biopharmaceutical company reported $0.69 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.55 by $0.14. The biopharmaceutical company had revenue of $8.17 million for the quarter, compared to analysts' expectations of $7.19 million. BioSpecifics Technologies had a net margin of 54.96% and a return on equity of 20.81%. View BioSpecifics Technologies' Earnings History.

When is BioSpecifics Technologies' next earnings date?

BioSpecifics Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, March 13th 2019. View Earnings Estimates for BioSpecifics Technologies.

What price target have analysts set for BSTC?

1 Wall Street analysts have issued twelve-month target prices for BioSpecifics Technologies' shares. Their forecasts range from $81.00 to $81.00. On average, they anticipate BioSpecifics Technologies' stock price to reach $81.00 in the next twelve months. This suggests a possible upside of 39.3% from the stock's current price. View Analyst Price Targets for BioSpecifics Technologies.

What is the consensus analysts' recommendation for BioSpecifics Technologies?

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

What are Wall Street analysts saying about BioSpecifics Technologies stock?

Here are some recent quotes from research analysts about BioSpecifics Technologies stock:
  • 1. According to Zacks Investment Research, "BIOSPECIFICS TECHNOLOGIES is engaged in the business of producing and licensing, for sale by other, a U.S. Food and Drug Administration (FDA) approved enzyme derived from collagenase, named Collagenase ABC, and researching, developing and clinically testing additional products derived therefrom for potential use as pharmaceuticals. " (11/14/2018)
  • 2. HC Wainwright analysts commented, "Wegman, issued a letter to stakeholders of the company. Mr. Wegman has been diagnosed with glioblastoma and is undergoing treatment. However, based on our conversation with Mr. Wegman, we believe he is feeling good and optimistic about the therapy. There is limited impact on his work schedule and no disruption in the company’s ongoing operations. We note that Endo International (ENDP; not rated) continues to market Xiaflex (collagenase clostridium histolyticum, or CCH) for the treatment of Peyronie’s disease and Dupuytren’s contracture, and is slated to report top-line data from the Phase 3 trial of CCH for the treatment of cellulite in 1Q19. The cellulite pivotal data readout could be the next major catalyst for BioSpecifics, in our view. In the wake of this update, we reiterate our Buy rating and $65 price target. Phase 3 cellulite data in 1Q19." (7/5/2018)

Has BioSpecifics Technologies been receiving favorable news coverage?

Press coverage about BSTC stock has trended somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. BioSpecifics Technologies earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned headlines about the biopharmaceutical company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of BioSpecifics Technologies' key competitors?

Who are BioSpecifics Technologies' key executives?

BioSpecifics Technologies' management team includes the folowing people:
  • Mr. Thomas L. Wegman, CEO, Pres, Principal Financial Officer, Principal Accounting Officer, Sec. & Director (Age 63)

Who are BioSpecifics Technologies' major shareholders?

BioSpecifics Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.68%), Stonepine Capital Management LLC (3.91%), Dimensional Fund Advisors LP (3.86%), Rice Hall James & Associates LLC (2.49%), Acadian Asset Management LLC (1.87%) and Elk Creek Partners LLC (1.57%). Company insiders that own BioSpecifics Technologies stock include Mark N Wegman, Of Edwin H Wegman Estate, Paul Gitman, Thomas Wegman and Toby Wegman. View Institutional Ownership Trends for BioSpecifics Technologies.

Which major investors are selling BioSpecifics Technologies stock?

BSTC stock was sold by a variety of institutional investors in the last quarter, including Stonepine Capital Management LLC, AQR Capital Management LLC, Elk Creek Partners LLC, Rice Hall James & Associates LLC, Prudential Financial Inc., Russell Investments Group Ltd., Royce & Associates LP and GSA Capital Partners LLP. Company insiders that have sold BioSpecifics Technologies company stock in the last year include Mark N Wegman, Of Edwin H Wegman Estate, Paul Gitman, Thomas Wegman and Toby Wegman. View Insider Buying and Selling for BioSpecifics Technologies.

Which major investors are buying BioSpecifics Technologies stock?

BSTC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Cadence Capital Management LLC, Acadian Asset Management LLC, Matarin Capital Management LLC, EAM Global Investors LLC, EAM Investors LLC, Wells Fargo & Company MN and Dimensional Fund Advisors LP. View Insider Buying and Selling for BioSpecifics Technologies.

How do I buy shares of BioSpecifics Technologies?

Shares of BSTC 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 BioSpecifics Technologies' stock price today?

One share of BSTC stock can currently be purchased for approximately $58.16.

How big of a company is BioSpecifics Technologies?

BioSpecifics Technologies has a market capitalization of $418.86 million and generates $27.44 million in revenue each year. The biopharmaceutical company earns $11.32 million in net income (profit) each year or $1.70 on an earnings per share basis. BioSpecifics Technologies employs 5 workers across the globe.

What is BioSpecifics Technologies' official website?

The official website for BioSpecifics Technologies is http://www.biospecifics.com.

How can I contact BioSpecifics Technologies?

BioSpecifics Technologies' mailing address is 35 Wilbur Street, Lynbrook NY, 11563. The biopharmaceutical company can be reached via phone at 516-593-7000 or via email at [email protected]


MarketBeat Community Rating for BioSpecifics Technologies (NASDAQ BSTC)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  310
MarketBeat's community ratings are surveys of what our community members think about BioSpecifics Technologies and other stocks. Vote "Outperform" if you believe BSTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BSTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2018 by MarketBeat.com Staff

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