Checkpoint Therapeutics, Inc., an immuno-oncology biopharmaceutical company, focuses on the acquisition, development, and commercialization of novel treatments for patients with solid tumor cancers. The company's products include CK-301 in Phase I clinical trials for the treatment of non-small cell lung cancer (NSCLC); and CK-101 in the Phase 1 portion of a Phase 1/2 clinical trial for the treatment of epidermal growth factor receptor (EGFR) mutation-positive NSCLC. Its pipeline consists of glucocorticoid-induced TNFR-related protein; and carbonic anhydrase IX. The company is also developing three oral, small-molecule, targeted anti-cancer agents that inhibit epidermal growth-factor receptor mutations, the bromodomain and extra-terminal protein, and poly polymerase. Checkpoint Therapeutics, Inc. has a collaboration agreement with TG Therapeutics, Inc. to develop and commercialize the Anti-PD-L1 and Anti-GITR antibody research programs in the field of hematological malignancies. The company was founded in 2014 and is based in New York, New York. Checkpoint Therapeutics, Inc. is a subsidiary of Fortress Biotech, Inc.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:CKPT
Previous Symbol
CUSIPN/A
Phone781-652-4500
Debt
Debt-to-Equity RatioN/A
Current Ratio3.51
Quick Ratio3.51
Price-To-Earnings
Trailing P/E Ratio-2.26
Forward P/E Ratio-1.88
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.73 million
Price / Sales44.38
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.59 per share
Price / Book3.82
Profitability
EPS (Most Recent Fiscal Year)($1.00)
Net Income$-22,670,000.00
Net Margins-3,800.00%
Return on Equity-139.01%
Return on Assets-104.32%
Miscellaneous
Employees6
Outstanding Shares34,050,000
Market Cap$76.77 million
OptionableNot Optionable
Checkpoint Therapeutics (NASDAQ:CKPT) Frequently Asked Questions
What is Checkpoint Therapeutics' stock symbol?
Checkpoint Therapeutics trades on the NASDAQ under the ticker symbol "CKPT."
How were Checkpoint Therapeutics' earnings last quarter?
Checkpoint Therapeutics Inc (NASDAQ:CKPT) released its quarterly earnings data on Friday, November, 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.26) by $0.06. The firm earned $0.01 million during the quarter, compared to analyst estimates of $0.26 million. Checkpoint Therapeutics had a negative net margin of 3,800.00% and a negative return on equity of 139.01%. View Checkpoint Therapeutics' Earnings History.
When is Checkpoint Therapeutics' next earnings date?
What price target have analysts set for CKPT?
1 brokers have issued 12 month target prices for Checkpoint Therapeutics' shares. Their forecasts range from $11.00 to $11.00. On average, they anticipate Checkpoint Therapeutics' share price to reach $11.00 in the next twelve months. This suggests a possible upside of 387.8% from the stock's current price. View Analyst Price Targets for Checkpoint Therapeutics.
What is the consensus analysts' recommendation for Checkpoint Therapeutics?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Checkpoint Therapeutics in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Checkpoint Therapeutics.
What are Wall Street analysts saying about Checkpoint Therapeutics stock?
Here are some recent quotes from research analysts about Checkpoint Therapeutics stock:
- 1. According to Zacks Investment Research, "Checkpoint Therapeutics, Inc. is a clinical stage, immuno oncology biopharmaceutical. It focused on the acquisition, development and commercialization of non-chemotherapy, immune-enhanced combination treatments for patients with solid tumor cancers. Checkpoint Therapeutics, Inc. is headquartered in New York City. " (11/7/2018)
- 2. HC Wainwright analysts commented, "Our $26 price target comprises $24/share for Korsuva in CKD-aP plus $2/share in optionality for the CR845 in post-surgical pain or PONV. Our CKD-aP valuation assumes an IV Korsuva launch in 2021 with peak U.S sales of approximately $550M, and oral Korsuva 30% probability of 2023 launch and $300M peak U.S. sales (<$100M 30% risk- adjusted sales in our model now). Our $24/share DCF assumes overall 75% probability of success in CKD-aP (oral still at 30%) with an 11.5% WACC discount and 0% terminal growth beyond 2028. A DCF with IV projections entirely de-risked (oral still at 30%), all else equal, would yield a CDK-aP value of $32/share."" (8/8/2018)
Has Checkpoint Therapeutics been receiving favorable news coverage?
Media coverage about CKPT stock has been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Checkpoint Therapeutics earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.
Who are some of Checkpoint Therapeutics' key competitors?
Some companies that are related to Checkpoint Therapeutics include Albireo Pharma (ALBO), Concert Pharmaceuticals (CNCE), Evelo Biosciences (EVLO), Avid Bioservices (CDMO), BIOFRONTERA AG/ADR (BFRA), MannKind (MNKD), Geron (GERN), Adamas Pharmaceuticals (ADMS), Savara (SVRA), Kadmon (KDMN), Athersys (ATHX), Verrica Pharmaceuticals (VRCA), Merus (MRUS), Magenta Therapeutics (MGTA) and Syros Pharmaceuticals (SYRS).
Who are Checkpoint Therapeutics' key executives?
Checkpoint Therapeutics' management team includes the folowing people:
- Mr. James F. Oliviero III, CEO, Pres & Director (Age 42)
- Mr. William Garrett Gray, VP of Fin. & Accounting, Principal Financial Officer and Corp. Sec. (Age 31)
- Ms. Robyn M. Hunter, Corp. Sec. (Age 56)
Who are Checkpoint Therapeutics' major shareholders?
Checkpoint Therapeutics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.09%), Vanguard Group Inc. (2.69%), Renaissance Technologies LLC (0.23%) and Shepherd Kaplan Krochuk LLC (0.12%). View Institutional Ownership Trends for Checkpoint Therapeutics.
Which major investors are buying Checkpoint Therapeutics stock?
How do I buy shares of Checkpoint Therapeutics?
Shares of CKPT 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 Checkpoint Therapeutics' stock price today?
One share of CKPT stock can currently be purchased for approximately $2.2550.
How big of a company is Checkpoint Therapeutics?
Checkpoint Therapeutics has a market capitalization of $76.77 million and generates $1.73 million in revenue each year. The company earns $-22,670,000.00 in net income (profit) each year or ($1.00) on an earnings per share basis. Checkpoint Therapeutics employs 6 workers across the globe.
What is Checkpoint Therapeutics' official website?
How can I contact Checkpoint Therapeutics?
Checkpoint Therapeutics' mailing address is 2 GANSEVOORT STREET 9TH FLOOR, NEW YORK NY, 10014. The company can be reached via phone at 781-652-4500 or via email at [email protected]
MarketBeat Community Rating for Checkpoint Therapeutics (NASDAQ CKPT)
MarketBeat's community ratings are surveys of what our community members think about Checkpoint Therapeutics and other stocks. Vote "Outperform" if you believe CKPT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CKPT will underperform the S&P 500 over the long term. You may vote once every thirty days.
