NASDAQ:CASI CASI Pharmaceuticals (CASI) Stock Forecast, Price & News $2.13 +0.13 (+6.50%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$2.03▼$2.1550-Day Range$2.00▼$2.7452-Week Range$1.45▼$3.70Volume8,564 shsAverage VolumeN/AMarket Capitalization$28.37 millionP/E RatioN/ADividend YieldN/APrice Target$10.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability CASI Pharmaceuticals MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside369.5% Upside$10.00 Price TargetShort InterestHealthy3.56% of Float Sold ShortDividend StrengthN/ASustainability-1.50Upright™ Environmental ScoreNews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.23) to ($0.57) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.25 out of 5 starsMedical Sector340th out of 963 stocksBiological Products, Except Diagnostic Industry52nd out of 155 stocks 3.5 Analyst's Opinion Consensus RatingCASI Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, CASI Pharmaceuticals has a forecasted upside of 369.5% from its current price of $2.13.Amount of Analyst CoverageCASI Pharmaceuticals has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.56% of the float of CASI Pharmaceuticals has been sold short.Short Interest Ratio / Days to CoverCASI Pharmaceuticals has a short interest ratio ("days to cover") of 9.1.Change versus previous monthShort interest in CASI Pharmaceuticals has recently decreased by 1.41%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCASI Pharmaceuticals does not currently pay a dividend.Dividend GrowthCASI Pharmaceuticals does not have a long track record of dividend growth. Previous Next 4.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCASI Pharmaceuticals has received a 62.54% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Melphalan" and "Clinical research services for cancer" products. See details.Environmental SustainabilityThe Environmental Impact score for CASI Pharmaceuticals is -1.50. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for CASI Pharmaceuticals this week, compared to 0 articles on an average week.MarketBeat Follows2 people have added CASI Pharmaceuticals to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CASI Pharmaceuticals insiders have not sold or bought any company stock.Percentage Held by Insiders21.24% of the stock of CASI Pharmaceuticals is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 14.62% of the stock of CASI Pharmaceuticals is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for CASI Pharmaceuticals are expected to grow in the coming year, from ($2.23) to ($0.57) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CASI Pharmaceuticals is -0.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of CASI Pharmaceuticals is -0.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCASI Pharmaceuticals has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CASI Pharmaceuticals (NASDAQ:CASI) StockCASI Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes therapeutics and pharmaceutical products in the People's Republic of China, the United States, and internationally. It offers EVOMELA, an intravenous formulation of melphalan for use as a conditioning treatment prior to stem cell transplantation, and as a palliative treatment for patients with multiple myeloma. The company's other hematology/oncology assets in pipeline include CNCT 19, an autologous CD19 CAR-T investigative product; BI-1206, novel anti-Fc?RIIB antibody, for the treatment of solid tumors and relapsed/refractory non-hodgkin lymphoma; CB-5339, a novel VCP/p97 inhibitor that focuses on valosin-containing protein (VCP)/p97 as a novel target in protein homeostasis, DNA damage response, and other cellular stress pathways for therapeutic use in the treatment of patients with various malignancies; and CID-103, a human IgG1 anti-CD38 monoclonal antibody. The company has licensing agreements with Juventas Biotechnology (Tianjin) Co., Ltd.; BioInvent International AB; Black Belt Therapeutics Limited; Cleave Therapeutics, Inc.; and Acrotech Biopharma L.L.C. to develop and commercialize its commercial product EVOMELA. It also has distribution agreements with China Resources Pharmaceutical Commercial Group International Trading Co., Ltd; Pharmathen Global BV; and Riemser Pharma GmbH. CASI Pharmaceuticals, Inc. was incorporated in 1991 and is based in Beijing, the People's Republic of China.Read More CASI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CASI Stock News HeadlinesSeptember 26, 2023 | americanbankingnews.comCASI Pharmaceuticals (NASDAQ:CASI) Now Covered by Analysts at StockNews.comSeptember 18, 2023 | americanbankingnews.comCASI Pharmaceuticals (NASDAQ:CASI) Coverage Initiated by Analysts at StockNews.comSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."August 14, 2023 | markets.businessinsider.comH.C. Wainwright Sticks to Its Buy Rating for CASI Pharmaceuticals (CASI)August 11, 2023 | markets.businessinsider.comCASI Pharmaceuticals, Inc. Q2 Loss WidensAugust 11, 2023 | msn.comCASI Pharmaceuticals GAAP EPS of -$0.77, revenue of $9.82MAugust 11, 2023 | finance.yahoo.comCASI PHARMACEUTICALS ANNOUNCES SECOND QUARTER 2023 BUSINESS AND FINANCIAL UPDATESAugust 10, 2023 | msn.comIonis Pharmaceuticals (IONS) Q2 Earnings and Revenues Surpass Estimates (Revised)September 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."August 10, 2023 | msn.comProPhase Labs, Inc. (PRPH) Reports Q2 Loss, Lags Revenue EstimatesAugust 1, 2023 | finance.yahoo.comMundipharma International Corporation Limited, Mundipharma Medical Company, and Acrotech Biopharma Inc. Enter Agreement to Transfer License of FOLOTYN® (Pralatrexate) in China to CASI PharmaceuticalsJuly 20, 2023 | finance.yahoo.comCleave Therapeutics Announces Acquisition of Clinical and Preclinical AssetsJuly 20, 2023 | finance.yahoo.comCASI Pharmaceuticals Acquires Global Intellectual Property Rights to Cleave Therapeutics' VCP/P97 Inhibitor CB-5339July 10, 2023 | finance.yahoo.comSwitch Therapeutics Appoints Douglas Fambrough, Ph.D., to Board of DirectorsJune 28, 2023 | finance.yahoo.comCASI - CASI Pharmaceuticals, Inc.May 28, 2023 | finance.yahoo.comWe Think CASI Pharmaceuticals (NASDAQ:CASI) Needs To Drive Business Growth CarefullyMay 17, 2023 | finanznachrichten.deCASI Pharmaceuticals, Inc. Announces First Quarter 2023 Financial ResultsMay 17, 2023 | finance.yahoo.comCASI PHARMACEUTICALS ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTSMay 3, 2023 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Aurinia Pharmaceuticals (AUPH) and Cytosorbents (CTSO)April 26, 2023 | msn.comCASI Pharmaceuticals GAAP EPS of -$3.01 misses by $2.64, revenue of $43.12M beats by $32.31MApril 26, 2023 | finance.yahoo.comCASI Pharmaceuticals Files Annual Report on Form 20-F for Fiscal Year 2022April 26, 2023 | finance.yahoo.comCASI PHARMACEUTICALS ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2022 FINANCIAL RESULTSApril 17, 2023 | finance.yahoo.comImproved Revenues Required Before CASI Pharmaceuticals, Inc. (NASDAQ:CASI) Stock's 114% Jump Looks JustifiedApril 12, 2023 | benzinga.comWill CASI Pharmaceuticals Inc (CASI) Outperform the Rest of the Stocks in the Healthcare Sector?March 23, 2023 | marketwatch.comLisinopril Market Top Players and Forecast till 2031March 22, 2023 | finanznachrichten.deCASI Pharmaceuticals, Inc. Completes Redomiciliation MergerMarch 17, 2023 | marketwatch.comHypoxia Inducible Factor 1 Alpha Inhibitor Market Size 2023 Research Report by Growth Rate Analysis and Forecast till 2027See More Headlines Receive CASI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CASI Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter. Email Address CASI Company Calendar Last Earnings8/11/2023Today9/27/2023Next Earnings (Estimated)11/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:CASI CUSIPN/A CIK895051 Webwww.casipharmaceuticals.com Phone861065086063Fax301-315-2437Employees224Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.00 High Stock Price Forecast$10.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+369.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($3.04) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-41,010,000.00 Net Margins-93.92% Pretax Margin-85.72% Return on Equity-92.06% Return on Assets-41.99% Debt Debt-to-Equity RatioN/A Current Ratio5.12 Quick Ratio4.47 Sales & Book Value Annual Sales$43.11 million Price / Sales0.66 Cash FlowN/A Price / Cash FlowN/A Book Value$3.28 per share Price / Book0.65Miscellaneous Outstanding Shares13,322,000Free Float10,492,000Market Cap$28.38 million OptionableNot Optionable BetaN/A 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesDr. Wei-Wu He Ph.D. (Age 58)Chairman & CEO Comp: $565.36kDr. Wei Zhang Ph.D. (Age 63)Pres Comp: $1.13MDr. Alexander A. Zukiwski M.D. (Age 66)Exec. VP & Chief Medical Officer Comp: $514.79kMs. Kun Qian (Age 41)VP & Global Controller Ms. Chunhua Wang (Age 51)Chief Operating Officer Ms. Wei Gao (Age 42)Gen. Counsel Dr. James E. Goldschmidt Ph.D.Chief Bus. Devel. OfficerMr. Fuqiang Zhang (Age 54)Chief Commercial Officer Ms. Amanda CuiVP & Global ControllerMore ExecutivesKey CompetitorsCyclo TherapeuticsNASDAQ:CYTHCandel TherapeuticsNASDAQ:CADLElevation OncologyNASDAQ:ELEVSAB BiotherapeuticsNASDAQ:SABSTradeUP AcquisitionNASDAQ:UPTDView All CompetitorsInstitutional OwnershipGeode Capital Management LLCSold 75,912 shares on 8/11/2023Ownership: 0.167%Northern Trust CorpSold 19,507 shares on 8/11/2023Ownership: 0.077%View All Institutional Transactions CASI Stock - Frequently Asked Questions Should I buy or sell CASI Pharmaceuticals stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CASI Pharmaceuticals in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CASI shares. View CASI analyst ratings or view top-rated stocks. What is CASI Pharmaceuticals' stock price forecast for 2023? 2 equities research analysts have issued 12 month target prices for CASI Pharmaceuticals' stock. Their CASI share price forecasts range from $10.00 to $10.00. On average, they predict the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 369.5% from the stock's current price. View analysts price targets for CASI or view top-rated stocks among Wall Street analysts. How have CASI shares performed in 2023? CASI Pharmaceuticals' stock was trading at $1.79 at the beginning of the year. Since then, CASI shares have increased by 19.0% and is now trading at $2.13. View the best growth stocks for 2023 here. When is CASI Pharmaceuticals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023. View our CASI earnings forecast. How were CASI Pharmaceuticals' earnings last quarter? CASI Pharmaceuticals, Inc. (NASDAQ:CASI) announced its earnings results on Friday, August, 11th. The biotechnology company reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.50) by $0.27. The biotechnology company had revenue of $9.82 million for the quarter, compared to the consensus estimate of $10.09 million. CASI Pharmaceuticals had a negative net margin of 93.92% and a negative trailing twelve-month return on equity of 92.06%. When did CASI Pharmaceuticals' stock split? CASI Pharmaceuticals's stock reverse split before market open on Wednesday, June 1st 2022. The 1-10 reverse split was announced on Wednesday, June 1st 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, June 1st 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. What other stocks do shareholders of CASI Pharmaceuticals own? Based on aggregate information from My MarketBeat watchlists, some companies that other CASI Pharmaceuticals investors own include NVIDIA (NVDA), OPKO Health (OPK), Caladrius Biosciences (CLBS), Overstock.com (OSTK), Riot Platforms (RIOT), Boeing (BA), Enphase Energy (ENPH), Catalyst Pharmaceuticals (CPRX), Pure Storage (PSTG) and QUALCOMM (QCOM). What is CASI Pharmaceuticals' stock symbol? CASI Pharmaceuticals trades on the NASDAQ under the ticker symbol "CASI." Who are CASI Pharmaceuticals' major shareholders? CASI Pharmaceuticals' stock is owned by many different institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (0.17%) and Northern Trust Corp (0.08%). Insiders that own company stock include James Huang, Weihao Xu and Wei-Wu He. View institutional ownership trends. How do I buy shares of CASI Pharmaceuticals? Shares of CASI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CASI Pharmaceuticals' stock price today? One share of CASI stock can currently be purchased for approximately $2.13. How much money does CASI Pharmaceuticals make? CASI Pharmaceuticals (NASDAQ:CASI) has a market capitalization of $28.38 million and generates $43.11 million in revenue each year. The biotechnology company earns $-41,010,000.00 in net income (profit) each year or ($3.04) on an earnings per share basis. How many employees does CASI Pharmaceuticals have? The company employs 224 workers across the globe. How can I contact CASI Pharmaceuticals? CASI Pharmaceuticals' mailing address is 9620 MEDICAL CENTER DR STE 300, ROCKVILLE MD, 20850. The official website for the company is www.casipharmaceuticals.com. The biotechnology company can be reached via phone at 861065086063, via email at ir@casipharmaceuticals.com, or via fax at 301-315-2437. This page (NASDAQ:CASI) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CASI Pharmaceuticals, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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