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 arhalofenate, which has completed five Phase II clinical trials for the treatment of patients with gout; and MBX-2982, an oral G-protein coupled receptor agonist that has completed one Phase II clinical trial for therapeutic indications. It has licensing agreement with Kowa Pharmaceuticals America, Inc. for the development and commercialization of arhalofenate in the United States; and Janssen Pharmaceuticals, Inc. to develop and discover undisclosed metabolic disease target agonists for the treatment of type II diabetes and other disorders, as well as a license and development 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
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:CBAY
CUSIPN/A
Phone510-293-8800
Debt
Debt-to-Equity Ratio0.01
Current Ratio12.91
Quick Ratio12.91
Price-To-Earnings
Trailing P/E Ratio-16.33
Forward P/E Ratio-11.27
P/E GrowthN/A
Sales & Book Value
Annual Sales$10 million
Price / Sales76.81
Cash FlowN/A
Price / CashN/A
Book Value$1.53 per share
Price / Book8.54
Profitability
EPS (Most Recent Fiscal Year)($0.79)
Net Income$-27,550,000.00
Net MarginsN/A
Return on Equity-40.66%
Return on Assets-34.13%
Miscellaneous
Employees26
Outstanding Shares58,770,000
Market Cap$775.75
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, 9th. The biopharmaceutical company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by $0.18. View CymaBay Therapeutics' Earnings History.
When is CymaBay Therapeutics' next earnings date?
What price target have analysts set for CBAY?
12 analysts have issued 12 month target prices for CymaBay Therapeutics' shares. Their predictions range from $15.00 to $27.00. On average, they anticipate CymaBay Therapeutics' share price to reach $19.10 in the next twelve months. This suggests a possible upside of 46.1% from the stock's current price. View Analyst Ratings for CymaBay Therapeutics.
What is the consensus analysts' recommendation for CymaBay Therapeutics?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CymaBay Therapeutics in the last year. There are currently 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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. " (7/10/2018)
- 2. HC Wainwright analysts commented, "EASL; Phase 3 Initiation in 2H18 on Track; Affirm Buy Stock Data 03/27/2018 Price $12.00 Exchange NASDAQ Price Target $18.00 52-Week High $15.59 52-Week Low $3.16 Enterprise Value (M) $611.7 Market Cap (M) $702 Public Market Float (M) 19.5 Shares Outstanding (M) 58.5 3 Month Avg Volume 980,454 Short Interest (M) 2.59 Balance Sheet Metrics Cash (M) $97.2 Total Debt (M) $6.9 Total Cash/Share $1.66 Book Value/Share $2.16 Cash (M): Amount shown is as of December 31 and does not include the $135.5M net proceeds from the recent equity raise.. EPS Diluted Full Year – Dec 2016A 2017A 2018E 1Q (0.29) (0.20) (0.21) 2Q (0.30) (0.31) (0.22) 3Q (0.25) (0.21) (0.25) 4Q (0.30) (0.11) (0.27) FY (1.14) (0.79) (0.95) Revenue ($M) Full Year – Dec 2016A 2017A 2018E 1Q 0.0 4.8 0.0 2Q 0.0 0.0 0.0 3Q 0.0 0.0 0.0 4Q 0.0 5.2 0.0 FY 0.0 10.0 5.0 20 15 10 5 0 MAR- 17 J UL- 17 NOV- 17 MAR- 18 12 10 8 6 4 2 0 Vol." (3/28/2018)
- 3. Cantor Fitzgerald analysts commented, "Clarity on Phase 3 PBC trial design should come before end of 2Q18. Management noted that discussions with U.S. and European regulators are ongoing and expressed pleasure with the level of engagement. Once the details have been finalized, the company expects to share them with the Street. High level, the company anticipates conducting a single pivotal study involving a treatment period of 12 months." (3/16/2018)
Are investors shorting CymaBay Therapeutics?
CymaBay Therapeutics saw a increase in short interest in the month of June. As of June 29th, there was short interest totalling 7,502,480 shares, an increase of 119.1% from the June 15th total of 3,423,872 shares. Based on an average daily volume of 1,767,538 shares, the short-interest ratio is presently 4.2 days. Currently, 14.4% of the company's shares are short sold. View CymaBay Therapeutics' Current Options Chain.
Who are some of CymaBay Therapeutics' key competitors?
Some companies that are related to CymaBay Therapeutics include Amicus Therapeutics (FOLD), The Medicines (MDCO), Blueprint Medicines (BPMC), Ascendis Pharma A/S (ASND), Intercept Pharmaceuticals (ICPT), Horizon Pharma (HZNP), Heron Therapeutics (HRTX), Emergent Biosolutions (EBS), Evotec (EVTCY), Supernus Pharmaceuticals (SUPN), Portola Pharmaceuticals (PTLA), Clovis Oncology (CLVS), Endo International (ENDP), TESARO (TSRO) and Spectrum Pharmaceuticals (SPPI).
Who are CymaBay Therapeutics' key executives?
CymaBay Therapeutics' management team includes the folowing people:
- Mr. Sujal A. Shah, Pres, CEO & Director (Age 45)
- Dr. Charles A. McWherter, Sr. VP & Chief Scientific Officer (Age 63)
- Dr. Pol F. Boudes, Chief Medical Officer (Age 61)
- Mr. Daniel Menold, VP of Fin. (Age 48)
- Mr. Paul T. Quinlan, Gen. Counsel & Corp. Sec. (Age 55)
Has CymaBay Therapeutics been receiving favorable news coverage?
News coverage about CBAY stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CymaBay Therapeutics earned a media sentiment score of 0.05 on Accern's scale. They also gave news headlines about the biopharmaceutical company an impact score of 44.85 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are CymaBay Therapeutics' major shareholders?
CymaBay Therapeutics' stock is owned by many different of retail and institutional investors. Top institutional investors include LVM Capital Management Ltd. MI (0.04%). Company insiders that own CymaBay Therapeutics stock include Carl Goldfischer, Charles Mcwherter, Kurt Von Emster, Robert James Wills and Sujal Shah. View Institutional Ownership Trends for CymaBay Therapeutics.
Which major investors are buying CymaBay Therapeutics stock?
CBAY stock was acquired by a variety of institutional investors in the last quarter, including LVM Capital Management Ltd. MI. 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 $13.07.
How big of a company is CymaBay Therapeutics?
CymaBay Therapeutics has a market capitalization of $775.75 million and generates $10 million in revenue each year. The biopharmaceutical company earns $-27,550,000.00 in net income (profit) each year or ($0.79) on an earnings per share basis. CymaBay Therapeutics employs 26 workers across the globe.
How can I contact CymaBay Therapeutics?
CymaBay Therapeutics' mailing address is 7999 GATEWAY BLVD SUITE 130, 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.
