Clearside Biomedical, Inc., a late-stage clinical biopharmaceutical company, develops pharmacological therapies to treat blinding diseases of the eye. It is developing suprachoroidal injection of CLS-TA, a proprietary preservative-free formulation of the corticosteroid triamcinolone acetonide, which is in Phase III clinical trial for the treatment of macular edema associated with non-infectious uveitis; suprachoroidal injection of CLS-TA and a concomitant intravitreal injection of Eylea, an inhibitor of vascular endothelial growth factor that is in Phase III clinical trial to treat macular edema associated with retinal vein occlusion; and suprachoroidal injection of CLS-TA alone or together with intravitreal injection of Eylea that is in phase II clinical trial for diabetic macular edema. The company also engages in the development of therapies in various areas, such as gene therapy for inherited retinal disorders, neovascular age-related macular degeneration, and other ocular diseases. The company was founded in 2011 and is headquartered in Alpharetta, Georgia.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:CLSD
CUSIPN/A
Phone678-270-3631
Debt
Debt-to-Equity Ratio0.05
Current Ratio7.46
Quick Ratio7.46
Price-To-Earnings
Trailing P/E Ratio-4.29
Forward P/E Ratio-4.18
P/E GrowthN/A
Sales & Book Value
Annual Sales$340,000.00
Price / Sales939.71
Cash FlowN/A
Price / CashN/A
Book Value$0.84 per share
Price / Book11.90
Profitability
EPS (Most Recent Fiscal Year)($2.33)
Net Income$-58,970,000.00
Net Margins-17,094.20%
Return on Equity-131.37%
Return on Assets-97.24%
Miscellaneous
Employees34
Outstanding Shares31,950,000
Market Cap$319.15
Clearside Biomedical (NASDAQ:CLSD) Frequently Asked Questions
What is Clearside Biomedical's stock symbol?
Clearside Biomedical trades on the NASDAQ under the ticker symbol "CLSD."
How were Clearside Biomedical's earnings last quarter?
Clearside Biomedical Inc (NASDAQ:CLSD) announced its earnings results on Wednesday, May, 9th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.57) by $0.05. Clearside Biomedical had a negative net margin of 17,094.20% and a negative return on equity of 131.37%. View Clearside Biomedical's Earnings History.
When is Clearside Biomedical's next earnings date?
What price target have analysts set for CLSD?
7 equities research analysts have issued 12-month target prices for Clearside Biomedical's stock. Their predictions range from $18.00 to $29.00. On average, they expect Clearside Biomedical's stock price to reach $22.40 in the next year. This suggests a possible upside of 124.0% from the stock's current price. View Analyst Ratings for Clearside Biomedical.
What is the consensus analysts' recommendation for Clearside Biomedical?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearside Biomedical in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Clearside Biomedical's key competitors?
Some companies that are related to Clearside Biomedical include Eagle Pharmaceuticals (EGRX), Alder Biopharmaceuticals (ALDR), Retrophin (RTRX), Zai Lab (ZLAB), Reata Pharmaceuticals (RETA), Tricida (TCDA), Endocyte (ECYT), Athenex (ATNX), Esperion Therapeutics (ESPR), Intra-Cellular Therapies (ITCI), Wave Life Sciences (WVE), Vanda Pharmaceuticals (VNDA), Revance Therapeutics (RVNC), Apellis Pharmaceuticals (APLS) and Flexion Therapeutics (FLXN).
Who are Clearside Biomedical's key executives?
Clearside Biomedical's management team includes the folowing people:
- Mr. Daniel H. White, Founder, Pres, CEO & Director (Age 51)
- Mr. Charles A. Deignan, CFO & Sec. (Age 54)
- Dr. Glenn Noronha, Chief Scientific Officer (Age 53)
- Mr. Brion S. Raymond, Chief Commercial Officer (Age 48)
- Mr. Rafael V. Andino, VP of Engineering & Manufacturing (Age 53)
When did Clearside Biomedical IPO?
(CLSD) raised $50 million in an initial public offering on Thursday, June 2nd 2016. The company issued 7,200,000 shares at $7.00 per share. Cowen and Company and Stifel acted as the underwriters for the IPO and Needham & Company, Wedbush PacGrow was co-manager.
Has Clearside Biomedical been receiving favorable news coverage?
Media headlines about CLSD stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Clearside Biomedical earned a coverage optimism score of 0.13 on Accern's scale. They also assigned news stories about the company an impact score of 46.42 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Clearside Biomedical's major shareholders?
Clearside Biomedical's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Highland Capital Management LLC (0.04%). Company insiders that own Clearside Biomedical stock include Charles A Deignan, Christy L Shaffer, Clay Thorp, Daniel H White, Gerald D Cagle and Venture Advisors Iii Hatteras. View Institutional Ownership Trends for Clearside Biomedical.
Which institutional investors are buying Clearside Biomedical stock?
CLSD stock was bought by a variety of institutional investors in the last quarter, including Highland Capital Management LLC. Company insiders that have bought Clearside Biomedical stock in the last two years include Charles A Deignan, Christy L Shaffer, Daniel H White and Gerald D Cagle. View Insider Buying and Selling for Clearside Biomedical.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Clearside Biomedical's stock price today?
One share of CLSD stock can currently be purchased for approximately $10.00.
How big of a company is Clearside Biomedical?
Clearside Biomedical has a market capitalization of $319.15 million and generates $340,000.00 in revenue each year. The company earns $-58,970,000.00 in net income (profit) each year or ($2.33) on an earnings per share basis. Clearside Biomedical employs 34 workers across the globe.
How can I contact Clearside Biomedical?
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]
MarketBeat Community Rating for Clearside Biomedical (NASDAQ CLSD)
MarketBeat's community ratings are surveys of what our community members think about Clearside Biomedical and other stocks. Vote "Outperform" if you believe CLSD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLSD will underperform the S&P 500 over the long term. You may vote once every thirty days.
