NASDAQ:CHRS - Coherus Biosciences Stock Price, News, & Analysis

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$19.05 +0.50 (+2.70 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$18.55
Today's Range$17.99 - $19.31
52-Week Range$8.32 - $20.66
Volume1.41 million shs
Average Volume826,184 shs
Market Capitalization$1.32 billion
P/E RatioN/A
Dividend YieldN/A
Beta3.64
Coherus BioSciences, Inc., a commercial-stage biotherapeutics company, focuses on the biosimilar market worldwide. It markets UDENYCA, a long-acting granulocyte-colony stimulating factor, which stimulates production of granulocytes in order to promote the body's ability to fight infections. The company sells UDENYCA in the United States. Its clinical-stage product candidates include immunology, anti-tumor necrosis factor biosimilar candidates, CHS-1420 for adalimumab and CHS-0214 for etanercept, which has completed Phase III clinical programs; ophthalmology biosimilar candidates, CHS-3351 for ranibizumab and CHS-2020 for aflibercept that is in preclinical development; and CHS-131, small molecule therapeutic candidate and other metabolic conditions. Coherus BioSciences, Inc. has collaboration and license agreements with Daiichi Sankyo Company, Limited; Baxalta Incorporated; Baxalta US Inc.; Baxalta GmbH; and Selexis SA. The company was formerly known as BioGenerics, Inc. and changed its name to Coherus BioSciences, Inc. in April 2012. Coherus BioSciences, Inc. was founded in 2010 and is headquartered in Redwood City, California.

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Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:CHRS
CUSIPN/A
Phone650-649-3530

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.56 million
Book Value($0.56) per share

Profitability

Net Income$-209,340,000.00

Miscellaneous

Employees232
Market Cap$1.32 billion
Next Earnings Date8/14/2019 (Estimated)
OptionableOptionable

Coherus Biosciences (NASDAQ:CHRS) Frequently Asked Questions

What is Coherus Biosciences' stock symbol?

Coherus Biosciences trades on the NASDAQ under the ticker symbol "CHRS."

How were Coherus Biosciences' earnings last quarter?

Coherus Biosciences Inc (NASDAQ:CHRS) posted its quarterly earnings data on Thursday, February, 28th. The biotechnology company reported ($0.92) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.82) by $0.10. View Coherus Biosciences' Earnings History.

When is Coherus Biosciences' next earnings date?

Coherus Biosciences is scheduled to release their next quarterly earnings announcement on Wednesday, August 14th 2019. View Earnings Estimates for Coherus Biosciences.

What price target have analysts set for CHRS?

5 brokers have issued 1-year price objectives for Coherus Biosciences' stock. Their predictions range from $25.00 to $45.00. On average, they expect Coherus Biosciences' share price to reach $30.20 in the next twelve months. This suggests a possible upside of 58.5% from the stock's current price. View Analyst Price Targets for Coherus Biosciences.

What is the consensus analysts' recommendation for Coherus Biosciences?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coherus Biosciences in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Coherus Biosciences.

What are Wall Street analysts saying about Coherus Biosciences stock?

Here are some recent quotes from research analysts about Coherus Biosciences stock:
  • 1. According to Zacks Investment Research, "Coherus Biosciences, Inc. is a biologics platform company developing biosimilar therapeutics. Its clinical stage pipeline consists of CHS-0214 in two Phase III clinical trials for the treatment of rheumatoid arthritis and psoriasis; CHS-1420 that has completed a Phase I study to treat psoriasis or rheumatoid arthritis; and CHS-1701 which has completed a Phase I study for the treatment of breast cancer patients. Coherus Biosciences, Inc. is headquartered in Redwood City, California. " (5/15/2019)
  • 2. Maxim Group analysts commented, "CHRS shares are trading up ~12% on better than expected preliminary 1Q19 net sales of $36M-$38M for UDENYCA (initial launch 1/3). These initial figures suggest that uptake is progressing, in our view, faster than anticipated considering consensus estimates for FY19 were ~$70M-$80M as of the 4Q18 earnings call (2/28/19). The company will provide greater detail on its 1Q19 earnings call scheduled for 5/9/19." (4/8/2019)

Has Coherus Biosciences been receiving favorable news coverage?

Media stories about CHRS stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Coherus Biosciences earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned press coverage about the biotechnology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Coherus Biosciences' key competitors?

What other stocks do shareholders of Coherus Biosciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Coherus Biosciences investors own include Chembio Diagnostics (CEMI), Halozyme Therapeutics (HALO), Intelsat (I), Exelixis (EXEL), Fossil Group (FOSL), Apollo Global Management (APO), Bank of America (BAC), First Data (FDC), Associated British Foods (ABF) and Chaarat Gold (CGH).

Who are Coherus Biosciences' key executives?

Coherus Biosciences' management team includes the folowing people:
  • Mr. Dennis M. Lanfear, Chairman, Pres & CEO (Age 64)
  • Dr. Jean-Frédéric Viret, Chief Financial Officer (Age 53)
  • Dr. Peter K. Watler, Chief Technical Officer (Age 57)
  • Dr. V. Bryan Lawlis Jr., Science Director, Director & Member of Supervisory Board (Age 67)
  • Mr. Vincent R. Anicetti, Chief Operating Officer (Age 64)

Who are Coherus Biosciences' major shareholders?

Coherus Biosciences' stock is owned by many different of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (10.70%), BlackRock Inc. (6.57%), FMR LLC (5.95%), Rubric Capital Management LP (3.81%), Geode Capital Management LLC (1.01%) and Northern Trust Corp (0.96%). Company insiders that own Coherus Biosciences stock include Alan C Herman, Barbara K Finck, Dennis M Lanfear, James Healy and Jean-Frederic Viret. View Institutional Ownership Trends for Coherus Biosciences.

Which institutional investors are selling Coherus Biosciences stock?

CHRS stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Rubric Capital Management LP, Wellington Management Group LLP, BlackRock Inc., Pier Capital LLC, Morgan Stanley, Citigroup Inc. and Platinum Investment Management Ltd.. Company insiders that have sold Coherus Biosciences company stock in the last year include Barbara K Finck, James Healy and Jean-Frederic Viret. View Insider Buying and Selling for Coherus Biosciences.

Which institutional investors are buying Coherus Biosciences stock?

CHRS stock was purchased by a variety of institutional investors in the last quarter, including Schonfeld Strategic Advisors LLC, Sivik Global Healthcare LLC, Goldman Sachs Group Inc., Atika Capital Management LLC, Rhenman & Partners Asset Management AB, Fosun International Ltd, Geode Capital Management LLC and Jacobs Levy Equity Management Inc.. View Insider Buying and Selling for Coherus Biosciences.

How do I buy shares of Coherus Biosciences?

Shares of CHRS 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 Coherus Biosciences' stock price today?

One share of CHRS stock can currently be purchased for approximately $19.05.

How big of a company is Coherus Biosciences?

Coherus Biosciences has a market capitalization of $1.32 billion and generates $1.56 million in revenue each year. The biotechnology company earns $-209,340,000.00 in net income (profit) each year or ($3.22) on an earnings per share basis. Coherus Biosciences employs 232 workers across the globe.

What is Coherus Biosciences' official website?

The official website for Coherus Biosciences is http://www.coherus.com.

How can I contact Coherus Biosciences?

Coherus Biosciences' mailing address is 333 TWIN DOLPHIN DRIVE SUITE 600, REDWOOD CITY CA, 94065. The biotechnology company can be reached via phone at 650-649-3530 or via email at [email protected]


MarketBeat Community Rating for Coherus Biosciences (NASDAQ CHRS)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  290 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  573
MarketBeat's community ratings are surveys of what our community members think about Coherus Biosciences and other stocks. Vote "Outperform" if you believe CHRS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHRS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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