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Coherus Biosciences Stock Price, Forecast & Analysis (NASDAQ:CHRS)

$19.61
+0.43 (+2.24 %)
(As of 11/20/2019 08:00 AM ET)
Today's Range
$19.09
Now: $19.61
$19.89
50-Day Range
$16.18
MA: $18.72
$21.87
52-Week Range
$8.32
Now: $19.61
$23.91
Volume1.07 million shs
Average Volume1.15 million shs
Market Capitalization$1.38 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.9
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. Read More…

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($0.57) per share

Profitability

Net Income$-209,340,000.00

Miscellaneous

Employees232
Market Cap$1.38 billion
Next Earnings Date2/27/2020 (Estimated)
OptionableOptionable

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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) issued its earnings results on Wednesday, November, 6th. The biotechnology company reported $0.63 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.36 by $0.27. The biotechnology company earned $111.68 million during the quarter, compared to the consensus estimate of $93.58 million. View Coherus Biosciences' Earnings History.

When is Coherus Biosciences' next earnings date?

Coherus Biosciences is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Coherus Biosciences.

What price target have analysts set for CHRS?

7 Wall Street analysts have issued twelve-month target prices for Coherus Biosciences' shares. Their forecasts range from $27.00 to $43.00. On average, they expect Coherus Biosciences' share price to reach $32.14 in the next year. This suggests a possible upside of 63.9% from the stock's current price. View Analyst Price Targets for Coherus Biosciences.

What is the consensus analysts' recommendation for Coherus Biosciences?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coherus Biosciences in the last year. There are currently 7 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. " (11/7/2019)
  • 2. HC Wainwright analysts commented, "We raise our revenue estimates to $315M (up from $178M) and $387M (from $254M) respectively. Likewise, we now expect Coherus to be profitable over the next two years and raise our EPS estimates to $0.67/share and $0.62/share respectively. We raise our price target to $29 (from $28) since our revised estimates for Udenyca sales increase the value of that franchise in our sum-of-the-parts model. The best biosimilar launch keeps on giving. Coherus’ launch of Udenyca is setting the standard for how quickly it’s gained market traction. It’s even more impressive that Coherus did so as the second product to market, now surpassing Mylan (MYL; not rated) as the share leader in the biosimilar pegfilgrastim market. Coherus now has 13% share of the overall market and the company expects to exit 2019 with 20% share." (8/2/2019)

Has Coherus Biosciences been receiving favorable news coverage?

News headlines about CHRS stock have trended very positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news 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. Coherus Biosciences earned a daily sentiment score of 3.6 on InfoTrie's scale. They also gave news coverage about the biotechnology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Coherus Biosciences.

Are investors shorting Coherus Biosciences?

Coherus Biosciences saw a increase in short interest in October. As of October 31st, there was short interest totalling 9,150,000 shares, an increase of 5.5% from the September 30th total of 8,670,000 shares. Based on an average trading volume of 1,110,000 shares, the short-interest ratio is currently 8.2 days. Currently, 14.8% of the shares of the stock are short sold. View Coherus Biosciences' Current Options Chain.

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), Cypress Semiconductor (CY), Prospect Capital (PSEC) and AMC Entertainment (AMC).

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 a number of of institutional and retail investors. Top institutional investors include C WorldWide Group Holding A S (1.16%), Rice Hall James & Associates LLC (1.01%), Rhenman & Partners Asset Management AB (0.42%), Peregrine Capital Management LLC (0.34%), Calamos Advisors LLC (0.27%) and First Trust Advisors LP (0.24%). Company insiders that own Coherus Biosciences stock include Barbara K Finck, Dennis M Lanfear, James Healy, Jean-Frederic Viret and Vincent R Anicetti. 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 Rhenman & Partners Asset Management AB and Rhumbline Advisers. Company insiders that have sold Coherus Biosciences company stock in the last year include Dennis M Lanfear, James Healy, Jean-Frederic Viret and Vincent R Anicetti. 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 Rice Hall James & Associates LLC, Peregrine Capital Management LLC, Calamos Advisors LLC, First Trust Advisors LP, Chicago Equity Partners LLC, C WorldWide Group Holding A S, Cadence Capital Management LLC and Russell Investments Group Ltd.. 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, Robinhood, Fidelity and Charles Schwab.

What is Coherus Biosciences' stock price today?

One share of CHRS stock can currently be purchased for approximately $19.61.

How big of a company is Coherus Biosciences?

Coherus Biosciences has a market capitalization of $1.38 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.View Additional Information About Coherus Biosciences.

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:  341 (Vote Outperform)
Underperform Votes:  330 (Vote Underperform)
Total Votes:  671
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 11/20/2019 by MarketBeat.com Staff

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