NASDAQ:CHRS - Coherus Biosciences Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Coherus Biosciences Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $18.89 +0.16 (+0.85 %) (As of 01/29/2020 03:39 AM ET) Add Compare Today's Range$18.72Now: $18.89▼$19.3050-Day Range$17.39MA: $18.39▼$19.8952-Week Range$12.04Now: $18.89▼$23.91Volume656,098 shsAverage Volume1.08 million shsMarket Capitalization$1.32 billionP/E RatioN/ADividend YieldN/ABeta2.89 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 Stock Exchange NASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:CHRS Previous Symbol CUSIPN/A CIK1512762 Webhttp://www.coherus.com/ Phone650-649-3530Debt Debt-to-Equity Ratio3.37 Current Ratio3.34 Quick Ratio3.25Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio13.89 P/E GrowthN/A Sales & Book Value Annual Sales$1.56 million Price / Sales849.19 Cash FlowN/A Price / Cash FlowN/A Book Value($0.57) per share Price / Book-33.14Profitability EPS (Most Recent Fiscal Year)($3.22) Net Income$-209,340,000.00 Net MarginsN/A Return on EquityN/A Return on Assets-5.62%Miscellaneous Employees232 Outstanding Shares70,129,000Market Cap$1.32 billion Next Earnings Date2/27/2020 (Estimated) OptionableOptionable Receive CHRS News and Ratings via Email Sign-up to receive the latest news and ratings for CHRS and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:CHRS Rates by TradingView 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) released its earnings results on Wednesday, November, 6th. The biotechnology company reported $0.63 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.27. The biotechnology company had revenue of $111.68 million for the quarter, compared to analyst estimates 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? 6 equities research analysts have issued 1 year price objectives for Coherus Biosciences' shares. Their forecasts range from $27.00 to $43.00. On average, they expect Coherus Biosciences' share price to reach $32.33 in the next twelve months. This suggests a possible upside of 71.2% from the stock's current price. View Analyst Price Targets for Coherus Biosciences. What is the consensus analysts' recommendation for Coherus Biosciences? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coherus Biosciences in the last year. There are currently 6 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 articles about CHRS stock have been trending somewhat negative on Wednesday, according to InfoTrie. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Coherus Biosciences earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the biotechnology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely 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 December. As of December 31st, there was short interest totalling 10,050,000 shares, an increase of 6.7% from the December 15th total of 9,420,000 shares. Based on an average trading volume of 1,070,000 shares, the short-interest ratio is currently 9.4 days. Currently, 15.9% of the company's shares are sold short. View Coherus Biosciences' Current Options Chain. Who are some of Coherus Biosciences' key competitors? Some companies that are related to Coherus Biosciences include bluebird bio (BLUE), China Biologic Products (CBPO), Spark Therapeutics (ONCE), Ablynx (ABLYF), Adaptive Biotechnologies (ADPT), Crispr Therapeutics (CRSP), Allogene Therapeutics (ALLO), Halozyme Therapeutics (HALO), Iovance Biotherapeutics (IOVA), Momenta Pharmaceuticals (MNTA), Audentes Therapeutics (BOLD), Acceleron Pharma (XLRN), Denali Therapeutics (DNLI), Fate Therapeutics (FATE) and Alector (ALEC). 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), Bank of America (BAC), Immunomedics (IMMU), Fossil Group (FOSL), Heron Therapeutics (HRTX), Progenics Pharmaceuticals (PGNX) and Apollo Global Management (APO). 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 variety of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.63%), California Public Employees Retirement System (0.29%), Virginia Retirement Systems ET AL (0.09%), Wakefield Asset Management LLLP (0.04%), FinTrust Capital Advisors LLC (0.02%) and SG Americas Securities LLC (0.01%). 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 buying Coherus Biosciences stock? CHRS stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, California Public Employees Retirement System, Wakefield Asset Management LLLP, Virginia Retirement Systems ET AL, FinTrust Capital Advisors LLC, SG Americas Securities LLC and Hoey Investments 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, Robinhood, Fidelity and Charles Schwab. What is Coherus Biosciences' stock price today? One share of CHRS stock can currently be purchased for approximately $18.89. 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.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 ( )Outperform Votes: 356 (Vote Outperform)Underperform Votes: 343 (Vote Underperform)Total Votes: 699MarketBeat'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 1/29/2020 by MarketBeat.com StaffFeatured Article: Why do earnings reports matter?
