NASDAQ:CNCE - Concert Pharmaceuticals Stock Price, Forecast & News

Concert Pharmaceuticals trades on the NASDAQ under the ticker symbol "CNCE."

Concert Pharmaceuticals Inc (NASDAQ:CNCE) released its quarterly earnings results on Thursday, November, 7th. The biotechnology company reported ($0.72) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.85) by $0.13. The biotechnology company had revenue of $0.01 million for the quarter, compared to the consensus estimate of $0.35 million. Concert Pharmaceuticals had a negative return on equity of 55.06% and a negative net margin of 7,291.37%. View Concert Pharmaceuticals' Earnings History.

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

7 Wall Street analysts have issued 1-year price targets for Concert Pharmaceuticals' stock. Their forecasts range from $8.00 to $25.00. On average, they expect Concert Pharmaceuticals' stock price to reach $17.00 in the next year. This suggests a possible upside of 123.4% from the stock's current price. View Analyst Price Targets for Concert Pharmaceuticals.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Concert Pharmaceuticals in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Concert Pharmaceuticals.

Headlines about CNCE stock have trended very negative recently, InfoTrie reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Concert Pharmaceuticals earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media coverage about the biotechnology company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the stock's share price in the immediate future. View News Stories for Concert Pharmaceuticals.

Concert Pharmaceuticals saw a decrease in short interest in the month of October. As of October 15th, there was short interest totalling 599,700 shares, a decrease of 35.4% from the September 15th total of 927,900 shares. Based on an average daily trading volume, of 227,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 2.8% of the shares of the stock are short sold. View Concert Pharmaceuticals' Current Options Chain.

Some companies that are related to Concert Pharmaceuticals include Homology Medicines (FIXX), Synthorx (THOR), Collegium Pharmaceutical (COLL), Cara Therapeutics (CARA), TherapeuticsMD (TXMD), Axovant Sciences (AXON), Phathom Pharmaceuticals (PHAT), Urogen Pharma (URGN), IGM Biosciences (IGMS), Vectura Group (VEGPF), Akero Therapeutics (AKRO), BioDelivery Sciences International (BDSI), Forty Seven (FTSV), ImmunoGen (IMGN) and Basilea Pharmaceutica (BPMUF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Concert Pharmaceuticals investors own include Eiger Biopharmaceuticals (EIGR), Amicus Therapeutics (FOLD), Gilead Sciences (GILD), Nektar Therapeutics (NKTR), Progenics Pharmaceuticals (PGNX), ACADIA Pharmaceuticals (ACAD), Exelixis (EXEL), Anavex Life Sciences (AVXL), Conatus Pharmaceuticals (CNAT) and Corbus Pharmaceuticals (CRBP).

Concert Pharmaceuticals' stock is owned by a number of of retail and institutional investors. Top institutional investors include Ingalls & Snyder LLC (6.44%), State Street Corp (1.69%), Millennium Management LLC (1.54%), California Public Employees Retirement System (0.65%), Russell Investments Group Ltd. (0.53%) and Man Group plc (0.37%). Company insiders that own Concert Pharmaceuticals stock include Bvf Partners L P/Il, Heek Christi Van, James V Cassella, Nancy Stuart, Peter Barton Hutt, Richard Aldrich and Value Fund L P Biotechnology. View Institutional Ownership Trends for Concert Pharmaceuticals.

CNCE stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Man Group plc, Barclays PLC and Alps Advisors Inc.. Company insiders that have sold Concert Pharmaceuticals company stock in the last year include Bvf Partners L P/Il and Peter Barton Hutt. View Insider Buying and Selling for Concert Pharmaceuticals.

CNCE stock was acquired by a variety of institutional investors in the last quarter, including Ingalls & Snyder LLC, Russell Investments Group Ltd., Squarepoint Ops LLC, State Street Corp, BB&T Securities LLC, Virtu Financial LLC, California Public Employees Retirement System and Steward Partners Investment Advisory LLC. Company insiders that have bought Concert Pharmaceuticals stock in the last two years include Heek Christi Van and Richard Aldrich. View Insider Buying and Selling for Concert Pharmaceuticals.

Shares of CNCE 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 CNCE stock can currently be purchased for approximately $7.61.

Concert Pharmaceuticals has a market capitalization of $181.43 million and generates $10.51 million in revenue each year. The biotechnology company earns $-56,020,000.00 in net income (profit) each year or ($2.40) on an earnings per share basis. Concert Pharmaceuticals employs 71 workers across the globe.View Additional Information About Concert Pharmaceuticals.

The official website for Concert Pharmaceuticals is http://www.concertpharma.com/.

Concert Pharmaceuticals' mailing address is 65 HAYDEN AVENUE SUITE 3000N, LEXINGTON MA, 02421. The biotechnology company can be reached via phone at 781-860-0045 or via email at [email protected]