NASDAQ:CARA - Cara Therapeutics Stock Price, News, & Analysis

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$19.00 +0.79 (+4.34 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$18.21
Today's Range$18.26 - $19.1373
52-Week Range$11.51 - $24.30
Volume444,521 shs
Average Volume666,968 shs
Market Capitalization$755.29 million
P/E RatioN/A
Dividend YieldN/A
Beta2.62
Cara Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing chemical entities with a primary focus on pruritus and pain by selectively targeting kappa opioid receptors in the United States. The company is developing product candidates that target the body's peripheral nervous system and immune cells. Its lead product candidate includes KORSUVA (CR845/ difelikefalin) injection, which is in Phase III clinical trial for the treatment of patients with chronic kidney disease (CKD) associated pruritus undergoing hemodialysis, as well as in Phase II/III clinical trial for the treatment of dialysis patients suffering from chronic kidney disease-associated pruritus. The company is also developing Oral KORSUVA (CR845/difelikefalin) that is in Phase II clinical trial for the treatment of pruritus in stage III-V CKD patients; and in Phase I clinical trial for treating pruritus chronic liver disease. In addition, it is developing CR845/difelikefalin Injection, which is in Phase III clinical trial for the treatment of acute post-operative pain; and Oral CR845/difelikefalin that has completed Phase IIb for treating chronic pain, as well as CR701, which is in preclinical trial for the treatment of chronic pain. The company has license agreements with Maruishi Pharmaceutical Co., Ltd to develop, manufacture, and commercialize drug products containing CR845/difelikefalin for acute pain and uremic pruritus in Japan; and Chong Kun Dang Pharmaceutical Corporation to develop, manufacture, and commercialize drug products containing CR845/difelikefalin in South Korea. Cara Therapeutics, Inc. was founded in 2004 and is headquartered in Stamford, Connecticut.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:CARA
CUSIPN/A
Phone203-406-3700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.47 million
Book Value$2.88 per share

Profitability

Net Income$-74,010,000.00
Net Margins-443.71%

Miscellaneous

Employees55
Market Cap$755.29 million
Next Earnings Date8/6/2019 (Estimated)
OptionableOptionable

Cara Therapeutics (NASDAQ:CARA) Frequently Asked Questions

What is Cara Therapeutics' stock symbol?

Cara Therapeutics trades on the NASDAQ under the ticker symbol "CARA."

How were Cara Therapeutics' earnings last quarter?

Cara Therapeutics Inc (NASDAQ:CARA) issued its earnings results on Tuesday, May, 7th. The biopharmaceutical company reported ($0.56) earnings per share for the quarter, missing analysts' consensus estimates of ($0.55) by $0.01. The biopharmaceutical company had revenue of $4.38 million for the quarter, compared to analyst estimates of $5.14 million. Cara Therapeutics had a negative return on equity of 67.30% and a negative net margin of 443.71%. View Cara Therapeutics' Earnings History.

When is Cara Therapeutics' next earnings date?

Cara Therapeutics is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for Cara Therapeutics.

What price target have analysts set for CARA?

10 analysts have issued 12-month price objectives for Cara Therapeutics' shares. Their predictions range from $13.36 to $30.00. On average, they anticipate Cara Therapeutics' share price to reach $24.7360 in the next year. This suggests a possible upside of 30.2% from the stock's current price. View Analyst Price Targets for Cara Therapeutics.

What is the consensus analysts' recommendation for Cara Therapeutics?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cara Therapeutics in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cara Therapeutics.

What are Wall Street analysts saying about Cara Therapeutics stock?

Here are some recent quotes from research analysts about Cara Therapeutics stock:
  • 1. According to Zacks Investment Research, "Cara Therapeutics, Inc. is a biopharmaceutical company. The company is focused on developing and commercializing new chemical entities designed to alleviate pain. Cara Therapeutics, Inc. is based in Shelton, United States. " (3/15/2019)
  • 2. Cantor Fitzgerald analysts commented, "Compelling P2 safety and clinical activity data have been used to guide the design and risk-reduce pivotal P3 studies of IV KORSUVA in CKD-aP hemodialysis pts, from which we expect data in 2019. Our conviction for this program is bolstered by the significant partnership signed with a worldwide provider of hemodialysis services, which we believe validates the clinical and commercial potential. In addition, clinical success in CKD-aP could translate to other indications associated with pruritus, such as chronic liver disease, which should expand KORSUVA’s market opportunity." (10/4/2018)

Has Cara Therapeutics been receiving favorable news coverage?

News stories about CARA stock have been trending somewhat negative recently, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cara Therapeutics earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned media 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 immediate future.

Who are some of Cara Therapeutics' key competitors?

What other stocks do shareholders of Cara Therapeutics own?

Who are Cara Therapeutics' key executives?

Cara Therapeutics' management team includes the folowing people:
  • Dr. Derek T. Chalmers, Co-Founder, Pres, CEO & Director (Age 55)
  • Dr. Frédérique Menzaghi, Chief Scientific Officer and Sr. VP of R&D (Age 53)
  • Dr. Joana Goncalves, Chief Medical Officer (Age 45)
  • Dr. Joseph Stauffer, Consultant (Age 53)
  • Dr. Michael E. Lewis, Co-Founder & Chief Scientific Advisor (Age 67)

Who are Cara Therapeutics' major shareholders?

Cara Therapeutics' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.96%), First Manhattan Co. (2.48%), Northern Trust Corp (1.07%), Geode Capital Management LLC (1.00%), Opaleye Management Inc. (0.50%) and Charles Schwab Investment Management Inc. (0.48%). Company insiders that own Cara Therapeutics stock include Dean Slagel, Derek T Chalmers, Frederique PhD Menzaghi, Joseph William Stauffer, Mani Mohindru and Scott Terrillion. View Institutional Ownership Trends for Cara Therapeutics.

Which major investors are selling Cara Therapeutics stock?

CARA stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, J. Goldman & Co LP, SG Americas Securities LLC, BlackRock Inc., Commonwealth Equity Services LLC, C WorldWide Group Holding A S, Janney Montgomery Scott LLC and Parametric Portfolio Associates LLC. Company insiders that have sold Cara Therapeutics company stock in the last year include Derek T Chalmers, Frederique PhD Menzaghi, Joseph William Stauffer, Mani Mohindru and Scott Terrillion. View Insider Buying and Selling for Cara Therapeutics.

Which major investors are buying Cara Therapeutics stock?

CARA stock was purchased by a variety of institutional investors in the last quarter, including Opaleye Management Inc., First Manhattan Co., Caption Management LLC, Geode Capital Management LLC, Raymond James & Associates, AlphaCrest Capital Management LLC, Jane Street Group LLC and State of Wisconsin Investment Board. View Insider Buying and Selling for Cara Therapeutics.

How do I buy shares of Cara Therapeutics?

Shares of CARA 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 Cara Therapeutics' stock price today?

One share of CARA stock can currently be purchased for approximately $19.00.

How big of a company is Cara Therapeutics?

Cara Therapeutics has a market capitalization of $755.29 million and generates $13.47 million in revenue each year. The biopharmaceutical company earns $-74,010,000.00 in net income (profit) each year or ($2.06) on an earnings per share basis. Cara Therapeutics employs 55 workers across the globe.

What is Cara Therapeutics' official website?

The official website for Cara Therapeutics is http://www.caratherapeutics.com/.

How can I contact Cara Therapeutics?

Cara Therapeutics' mailing address is 107 ELM STREET 9TH FLOOR, STAMFORD CT, 06902. The biopharmaceutical company can be reached via phone at 203-406-3700.


MarketBeat Community Rating for Cara Therapeutics (NASDAQ CARA)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  537 (Thanks for Voting!)
Underperform Votes:  287 (Thanks for Voting!)
Total Votes:  824
MarketBeat's community ratings are surveys of what our community members think about Cara Therapeutics and other stocks. Vote "Outperform" if you believe CARA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CARA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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