CymaBay Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing and providing therapies to treat liver and other chronic diseases. Its lead product candidate is seladelpar, a selective agonist of peroxisome proliferator-activated receptor delta, which has completed Phase II clinical study for the treatment of primary biliary cholangitis, as well as patients with nonalcoholic steatohepatitis. The company also develops MBX-2982, a selective orally-active G protein-coupled receptor agonist that interacts with bioactive lipids known to stimulate glucose-dependent insulin secretion for the treatment of gut/liver disease. Its preclinical stage product candidate is CB-001, a G protein-coupled receptor for omega-3 fatty acids, such as docosahexaenoic acid for the treatment of gut/liver disease. It has development and licensing agreement with Janssen Pharmaceuticals, Inc. to develop and discover undisclosed metabolic disease target agonists for the treatment of type II diabetes and other disorders; and a license agreement with DiaTex, Inc. to develop and commercialize therapeutic products comrprising halofenate and its enantiomers, derivatives, and analogs for the treatment of diseases. The company was formerly known as Metabolex, Inc. CymaBay Therapeutics, Inc. was incorporated in 1988 and is headquartered in Newark, California.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone510-293-8800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$10 million
Profitability
Miscellaneous
Employees43
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable
CymaBay Therapeutics (NASDAQ:CBAY) Frequently Asked Questions
What is CymaBay Therapeutics' stock symbol?
CymaBay Therapeutics trades on the NASDAQ under the ticker symbol "CBAY."
How were CymaBay Therapeutics' earnings last quarter?
CymaBay Therapeutics Inc (NASDAQ:CBAY) announced its earnings results on Wednesday, May, 8th. The biopharmaceutical company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by $0.03. View CymaBay Therapeutics' Earnings History.
When is CymaBay Therapeutics' next earnings date?
What price target have analysts set for CBAY?
10 brokers have issued 1 year price objectives for CymaBay Therapeutics' shares. Their predictions range from $9.00 to $30.00. On average, they expect CymaBay Therapeutics' stock price to reach $20.1250 in the next twelve months. This suggests a possible upside of 63.6% from the stock's current price. View Analyst Price Targets for CymaBay Therapeutics.
What is the consensus analysts' recommendation for CymaBay Therapeutics?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CymaBay 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 CymaBay Therapeutics.
What are Wall Street analysts saying about CymaBay Therapeutics stock?
Here are some recent quotes from research analysts about CymaBay Therapeutics stock:
- 1. According to Zacks Investment Research, "CymaBay Therapeutics Inc. is a biopharmaceutical company. It is focused on the development and commercialization of proprietary new medicines for important human diseases. The Company's lead product candidate, arhalofenate, is being developed for the treatment of gout. CymaBay Therapeutics Inc. is based in Newark, California. " (5/14/2019)
- 2. Cantor Fitzgerald analysts commented, ". Reiterate our Overweight rating; increasing 12-mo. PT to $20. CymaBay is a liver disease company with lead asset, seladelpar, in Ph3 for primary biliary cholangitis (PBC). Our checks suggest seladelpar’s strong profile in PBC has the potential to grow the market significantly from where it is today. We think the opportunity in PBC alone (~$350M in 2026 unadjusted sales vs. cap of $500M) should justify upside. We see further potential for seladelpar with a 2Q19 Ph2b NASH proof of concept readout, which could be a much larger opportunity (~ $4B+) for Seladelpar if successful. In our 75-page slide deck, we took a close look at PPAR-delta biology & role in NASH. Our Take: PPAR-delta has the potential to be a major target in the NASH space." (2/1/2019)
Has CymaBay Therapeutics been receiving favorable news coverage?
News articles about CBAY stock have been trending very negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. CymaBay Therapeutics earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned press coverage about the biopharmaceutical company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.
Who are some of CymaBay Therapeutics' key competitors?
Some companies that are related to CymaBay Therapeutics include Ultragenyx Pharmaceutical (RARE), Global Blood Therapeutics (GBT), FibroGen (FGEN), Agios Pharmaceuticals (AGIO), Amicus Therapeutics (FOLD), Reata Pharmaceuticals (RETA), Biohaven Pharmaceutical (BHVN), Amneal Pharmaceuticals (AMRX), Mirati Therapeutics (MRTX), Arena Pharmaceuticals (ARNA), Intercept Pharmaceuticals (ICPT), The Medicines (MDCO), Uniqure (QURE), PTC Therapeutics (PTCT) and Myokardia (MYOK).
What other stocks do shareholders of CymaBay Therapeutics own?
Who are CymaBay Therapeutics' key executives?
CymaBay Therapeutics' management team includes the folowing people:
- Mr. Sujal A. Shah, Pres, CEO & Director (Age 46)
- Dr. Charles A. McWherter, Sr. VP & Chief Scientific Officer (Age 64)
- Dr. Pol F. Boudes, Chief Medical Officer (Age 62)
- Mr. Daniel Menold, VP of Fin. (Age 49)
- Mr. Paul T. Quinlan, Gen. Counsel & Corp. Sec. (Age 56)
Who are CymaBay Therapeutics' major shareholders?
CymaBay Therapeutics' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.33%), Perceptive Advisors LLC (6.13%), Perceptive Advisors LLC (6.13%), Eagle Asset Management Inc. (4.38%), Redmile Group LLC (4.29%) and Vivo Capital LLC (2.99%). Company insiders that own CymaBay Therapeutics stock include Carl Goldfischer, Charles Mcwherter, Daniel Menold, Kurt Von Emster, Robert James Wills and Sujal Shah. View Institutional Ownership Trends for CymaBay Therapeutics.
Which institutional investors are selling CymaBay Therapeutics stock?
CBAY stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, Westfield Capital Management Co. LP, Voya Investment Management LLC, Opaleye Management Inc., BlackRock Inc., Apis Capital Advisors LLC and Lombard Odier Asset Management USA Corp. Company insiders that have sold CymaBay Therapeutics company stock in the last year include Carl Goldfischer, Daniel Menold and Kurt Von Emster. View Insider Buying and Selling for CymaBay Therapeutics.
Which institutional investors are buying CymaBay Therapeutics stock?
CBAY stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Perceptive Advisors LLC, Perceptive Advisors LLC, Vivo Capital LLC, Dimensional Fund Advisors LP, Schonfeld Strategic Advisors LLC, Eagle Asset Management Inc. and J. Goldman & Co LP. Company insiders that have bought CymaBay Therapeutics stock in the last two years include Charles Mcwherter, Robert James Wills and Sujal Shah. View Insider Buying and Selling for CymaBay Therapeutics.
How do I buy shares of CymaBay Therapeutics?
Shares of CBAY 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 CymaBay Therapeutics' stock price today?
One share of CBAY stock can currently be purchased for approximately $12.30.
How big of a company is CymaBay Therapeutics?
CymaBay Therapeutics has a market capitalization of $844.89 million and generates $10 million in revenue each year. The biopharmaceutical company earns $-72,550,000.00 in net income (profit) each year or ($1.26) on an earnings per share basis. CymaBay Therapeutics employs 43 workers across the globe.
What is CymaBay Therapeutics' official website?
How can I contact CymaBay Therapeutics?
CymaBay Therapeutics' mailing address is 7575 GATEWAY BOULEVARD SUITE 110, NEWARK CA, 94560. The biopharmaceutical company can be reached via phone at 510-293-8800 or via email at [email protected]
MarketBeat Community Rating for CymaBay Therapeutics (NASDAQ CBAY)
MarketBeat's community ratings are surveys of what our community members think about CymaBay Therapeutics and other stocks. Vote "Outperform" if you believe CBAY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBAY will underperform the S&P 500 over the long term. You may vote once every thirty days.
