NASDAQ:CCXIChemoCentryx Stock Price, Forecast & News

ChemoCentryx's stock was trading at $41.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CCXI shares have increased by 50.2% and is now trading at $62.39. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ChemoCentryx in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ChemoCentryx.

ChemoCentryx is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for ChemoCentryx.

ChemoCentryx Inc (NASDAQ:CCXI) released its earnings results on Monday, May, 11th. The biopharmaceutical company reported ($0.35) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.30) by $0.05. The biopharmaceutical company had revenue of $6.01 million for the quarter, compared to analyst estimates of $8.90 million. ChemoCentryx had a negative net margin of 192.93% and a negative return on equity of 100.55%. View ChemoCentryx's earnings history.

8 equities research analysts have issued 12 month price targets for ChemoCentryx's shares. Their forecasts range from $54.00 to $102.00. On average, they anticipate ChemoCentryx's share price to reach $70.13 in the next year. This suggests a possible upside of 12.4% from the stock's current price. View analysts' price targets for ChemoCentryx.

News coverage about CCXI stock has trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog 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. ChemoCentryx earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned media headlines about the biopharmaceutical company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutChemoCentryx.

ChemoCentryx saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,060,000 shares, a drop of 18.3% from the April 30th total of 2,520,000 shares. Based on an average daily trading volume, of 627,400 shares, the days-to-cover ratio is presently 3.3 days. Currently, 4.7% of the shares of the company are sold short. View ChemoCentryx's Current Options Chain.

Some companies that are related to ChemoCentryx include Amgen (AMGN), Gilead Sciences (GILD), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Biogen (BIIB), Seattle Genetics (SGEN), Alexion Pharmaceuticals (ALXN), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Alnylam Pharmaceuticals (ALNY), EXACT Sciences (EXAS), Neurocrine Biosciences (NBIX), Ionis Pharmaceuticals (IONS) and Immunomedics (IMMU). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other ChemoCentryx investors own include Exelixis (EXEL), Energy Transfer LP Unit (ET), Dynavax Technologies (DVAX), Amicus Therapeutics (FOLD), Gilead Sciences (GILD), Arrowhead Pharmaceuticals (ARWR), Advanced Micro Devices (AMD), Opko Health (OPK), NVIDIA (NVDA) and Inovio Pharmaceuticals (INO).

ChemoCentryx trades on the NASDAQ under the ticker symbol "CCXI."

ChemoCentryx's stock is owned by a variety of institutional and retail investors. Top institutional investors include RA Capital Management L.P. (6.75%), BlackRock Inc. (6.33%), Wasatch Advisors Inc. (1.94%), State Street Corp (1.74%), UBS Group AG (1.46%) and Pictet Asset Management Ltd. (1.23%). Company insiders that own ChemoCentryx stock include Geoffrey M Parker, James L Tyree, Markus J Cappel, Plc Glaxosmithkline, Pui San Kwan, Rajinder Singh, Susan M Kanaya and Thomas J Schall. View institutional ownership trends for ChemoCentryx.

CCXI stock was sold by a variety of institutional investors in the last quarter, including Sofinnova Investments Inc., BlackRock Inc., Acadian Asset Management LLC, Frontier Capital Management Co. LLC, Wasatch Advisors Inc., WINTON GROUP Ltd, Morgan Stanley, and Two Sigma Advisers LP. Company insiders that have sold ChemoCentryx company stock in the last year include Geoffrey M Parker, James L Tyree, Markus J Cappel, Pui San Kwan, Susan M Kanaya, and Thomas J Schall. View insider buying and selling activity for ChemoCentryx.

CCXI stock was purchased by a variety of institutional investors in the last quarter, including RA Capital Management L.P., Pictet Asset Management Ltd., Lord Abbett & CO. LLC, Emerald Advisers LLC, International Biotechnology Trust PLC, Canada Pension Plan Investment Board, Emerald Mutual Fund Advisers Trust, and Invesco Ltd.. View insider buying and selling activity for ChemoCentryx.

Shares of CCXI 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, Robinhood, Fidelity, and Charles Schwab.

One share of CCXI stock can currently be purchased for approximately $62.39.

ChemoCentryx has a market capitalization of $3.86 billion and generates $36.13 million in revenue each year. The biopharmaceutical company earns $-55,490,000.00 in net income (profit) each year or ($0.98) on an earnings per share basis. ChemoCentryx employs 82 workers across the globe.

The official website for ChemoCentryx is www.chemocentryx.com.

ChemoCentryx's mailing address is 850 MAUDE AVENUE, MOUNTAIN VIEW CA, 94043. The biopharmaceutical company can be reached via phone at 650-210-2900 or via email at [email protected]