NASDAQ:CLSD - Clearside Biomedical Stock Price, Forecast & News

Clearside Biomedical trades on the NASDAQ under the ticker symbol "CLSD."

Clearside Biomedical Inc (NASDAQ:CLSD) released its quarterly earnings data on Wednesday, November, 6th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.16) by $0.01. The business had revenue of $0.14 million for the quarter, compared to analyst estimates of $0.05 million. Clearside Biomedical had a negative return on equity of 316.25% and a negative net margin of 18,893.49%. View Clearside Biomedical's Earnings History.

Clearside Biomedical is scheduled to release their next quarterly earnings announcement on Tuesday, March 10th 2020. View Earnings Estimates for Clearside Biomedical.

4 analysts have issued 12-month price objectives for Clearside Biomedical's shares. Their forecasts range from $4.00 to $5.00. On average, they anticipate Clearside Biomedical's share price to reach $4.50 in the next twelve months. This suggests a possible upside of 109.3% from the stock's current price. View Analyst Price Targets for Clearside Biomedical.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearside Biomedical in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Clearside Biomedical.

News coverage about CLSD stock has trended extremely negative on Thursday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Clearside Biomedical earned a news sentiment score of -4.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Clearside Biomedical.

Clearside Biomedical saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 2,400,000 shares, an increase of 62.2% from the January 30th total of 1,480,000 shares. Based on an average trading volume of 1,250,000 shares, the short-interest ratio is presently 1.9 days. Currently, 7.5% of the company's shares are short sold. View Clearside Biomedical's Current Options Chain.

Some companies that are related to Clearside Biomedical include BioDelivery Sciences International (BDSI), Ardelyx (ARDX), Clovis Oncology (CLVS), Cue Biopharma (CUE), Catalyst Pharmaceuticals (CPRX), Mersana Therapeutics (MRSN), Magenta Therapeutics (MGTA), Beyondspring (BYSI), BioSpecifics Technologies (BSTC), Innate Pharma (IPHYF), Aptorum Group (APM), Progenics Pharmaceuticals (PGNX), Merus (MRUS), Avedro (AVDR) and AnaptysBio (ANAB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Clearside Biomedical investors own include Northwest Biotherapeutics (NWBO), Ocular Therapeutix (OCUL), Melinta Therapeutics (MLNT), Zeltiq Aesthetics (ZLTQ), Immunomedics (IMMU), Nabriva Therapeutics (NBRV), Proteostasis Therapeutics (PTI), Agile Therapeutics (AGRX), TG Therapeutics (TGTX) and Amarin (AMRN).

(CLSD) raised $50 million in an IPO on Thursday, June 2nd 2016. The company issued 7,200,000 shares at a price of $7.00 per share. Cowen and Company and Stifel served as the underwriters for the IPO and Needham & Company, Wedbush PacGrow was co-manager.

Clearside Biomedical's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Geode Capital Management LLC (0.62%), Oxford Asset Management LLP (0.30%), Renaissance Technologies LLC (0.20%), Signaturefd LLC (0.13%), Virtu Financial LLC (0.12%) and Wedbush Securities Inc. (0.09%). Company insiders that own Clearside Biomedical stock include Charles A Deignan, Clay Thorp, Daniel H White, George M Lasezkay and Gerald D Cagle. View Institutional Ownership Trends for Clearside Biomedical.

CLSD stock was sold by a variety of institutional investors in the last quarter, including Signaturefd LLC, Wedbush Securities Inc. and UBS Group AG. View Insider Buying and Selling for Clearside Biomedical.

CLSD stock was bought by a variety of institutional investors in the last quarter, including Oxford Asset Management LLP, Renaissance Technologies LLC, Virtu Financial LLC, Geode Capital Management LLC, Fred Alger Management LLC, Integrated Advisors Network LLC, Donald L. Hagan LLC and Game Plan Financial Advisors LLC. Company insiders that have bought Clearside Biomedical stock in the last two years include Charles A Deignan, Clay Thorp, Daniel H White, George M Lasezkay and Gerald D Cagle. View Insider Buying and Selling for Clearside Biomedical.

Shares of CLSD 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 CLSD stock can currently be purchased for approximately $2.15.

Clearside Biomedical has a market capitalization of $95.49 million and generates $30,000.00 in revenue each year. The company earns $-82,820,000.00 in net income (profit) each year or ($2.69) on an earnings per share basis. Clearside Biomedical employs 50 workers across the globe.View Additional Information About Clearside Biomedical.

The official website for Clearside Biomedical is http://www.clearsidebio.com/.

Clearside Biomedical's mailing address is 900 NORTH POINT PARKWAY SUITE 200, ALPHARETTA GA, 30005. The company can be reached via phone at 678-270-3631 or via email at [email protected]