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

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$13.04 +0.43 (+3.41 %)
(As of 12/11/2018 04:00 PM ET)
Previous Close$12.61
Today's Range$12.35 - $13.16
52-Week Range$10.80 - $30.71
Volume171,400 shs
Average Volume241,921 shs
Market Capitalization$293.34 million
P/E Ratio3.20
Dividend YieldN/A
Beta0.88
Concert Pharmaceuticals, Inc. operates as a clinical stage biopharmaceutical company. The company discovers and develops novel small molecule drugs for use in the treatment of various pulmonary diseases, including autoimmune and inflammatory diseases, and central nervous systems disorders. Its product candidates include AVP-786, a combination of deudextromethorphan and an ultra-low dose of quinidine, which is in Phase 3 clinical trials for the treatment of neurologic and psychiatric disorders, including agitation associated with Alzheimer's disease; CTP-730, a deuterated analog of apremilast that has completed the Phase 1 clinical trials for the treatment of inflammation or cancer; JZP-386, which has completed the Phase 1 clinical trials for the treatment of patients with narcolepsy; and CTP-543, which is in Phase 1 clinical trials for use in the treatment of alopecia areata. The company is also developing CTP-692, a selective deuterium-modified analog of the endogenous amino acid, D-serine, which is in preclinical studies for use in the treatment of patients with schizophrenia. It has strategic collaborations with Celgene Pharmaceuticals, Inc.; Celgene International Sarl; Celgene Corporation; Avanir Pharmaceuticals, Inc.; and Jazz Pharmaceuticals, Inc. The company was founded in 2006 and is headquartered in Lexington, Massachusetts.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:CNCE
Previous Symbol
CUSIPN/A
Phone781-860-0045

Debt

Debt-to-Equity RatioN/A
Current Ratio26.71
Quick Ratio26.71

Price-To-Earnings

Trailing P/E Ratio3.20
Forward P/E Ratio-5.80
P/E GrowthN/A

Sales & Book Value

Annual Sales$143.89 million
Price / Sales2.12
Cash Flow$4.4203 per share
Price / Cash Flow2.95
Book Value$8.63 per share
Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)$4.08
Net Income$95.63 million
Net Margins-392.62%
Return on Equity-20.81%
Return on Assets-19.00%

Miscellaneous

Employees64
Outstanding Shares23,430,000
Market Cap$293.34 million
OptionableOptionable

Concert Pharmaceuticals (NASDAQ:CNCE) Frequently Asked Questions

What is Concert Pharmaceuticals' stock symbol?

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

How were Concert Pharmaceuticals' earnings last quarter?

Concert Pharmaceuticals Inc (NASDAQ:CNCE) issued its quarterly earnings results on Thursday, November, 1st. The biotechnology company reported ($0.74) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.62) by $0.12. The biotechnology company earned $0.01 million during the quarter, compared to analysts' expectations of $0.02 million. Concert Pharmaceuticals had a negative net margin of 392.62% and a negative return on equity of 20.81%. View Concert Pharmaceuticals' Earnings History.

When is Concert Pharmaceuticals' next earnings date?

Concert Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Concert Pharmaceuticals.

What price target have analysts set for CNCE?

5 Wall Street analysts have issued twelve-month price targets for Concert Pharmaceuticals' stock. Their forecasts range from $19.00 to $27.00. On average, they anticipate Concert Pharmaceuticals' share price to reach $24.75 in the next twelve months. This suggests a possible upside of 89.8% from the stock's current price. View Analyst Price Targets for Concert Pharmaceuticals.

What is the consensus analysts' recommendation for Concert Pharmaceuticals?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Concert Pharmaceuticals in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Concert Pharmaceuticals.

What are Wall Street analysts saying about Concert Pharmaceuticals stock?

Here are some recent quotes from research analysts about Concert Pharmaceuticals stock:
  • 1. According to Zacks Investment Research, "Concert Pharmaceuticals Inc. is a biopharmaceutical company. It is focused on applying its DCE Platform (R) to create novel small molecule drugs. The Company manufactures drugs in various therapeutic areas such as hot flashes, HIV, renal hepatic, neuropathic pain, MRSA infection, and schizophrenia, multiple tumors, and hyperparathyroidism. Concert Pharmaceuticals Inc. is based in United States. " (11/7/2018)
  • 2. Mizuho analysts commented, "We do not see earnings as the most meaningful indicator of value for a development-stage biotech. More importantly, Concert continues its steady progress on the clinical development front. A key catalyst is expected in 4Q18 with top-line readouts from the phase 2a trial of CTP-543 in alopecia areata at the 4 mg and 8 mg doses. A protocol amendment is also planned to evaluate the highest 12 mg dose. We anticipate data from the high-dose cohort will likely read out in 4Q19." (8/2/2018)

Has Concert Pharmaceuticals been receiving favorable news coverage?

News headlines about CNCE stock have trended somewhat positive on Tuesday, InfoTrie Sentiment reports. The research firm rates the sentiment of news 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 negative five to five, with scores closest to five being the most favorable. Concert Pharmaceuticals earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned media coverage about the biotechnology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

Are investors shorting Concert Pharmaceuticals?

Concert Pharmaceuticals saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,057,176 shares, an increase of 31.9% from the October 31st total of 801,283 shares. Based on an average daily volume of 405,720 shares, the days-to-cover ratio is currently 2.6 days. Approximately 5.4% of the shares of the stock are sold short. View Concert Pharmaceuticals' Current Options Chain.

Who are some of Concert Pharmaceuticals' key competitors?

Who are Concert Pharmaceuticals' key executives?

Concert Pharmaceuticals' management team includes the folowing people:
  • Mr. Richard H. Aldrich, Co-Founder & Chairman (Age 64)
  • Dr. Roger D. Tung, Co-Founder, CEO, Pres & Director (Age 58)
  • Ms. Nancy Stuart, Chief Operating Officer (Age 60)
  • Dr. James V. Cassella, Chief Devel. Officer (Age 63)
  • Mr. Marc A. Becker, Chief Financial Officer (Age 46)

Who are Concert Pharmaceuticals' major shareholders?

Concert Pharmaceuticals' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.16%), Ingalls & Snyder LLC (5.73%), Vanguard Group Inc. (5.23%), Dimensional Fund Advisors LP (4.56%), Acadian Asset Management LLC (3.97%) and Renaissance Technologies LLC (3.12%). Company insiders that own Concert Pharmaceuticals stock include James V Cassella, Nancy Stuart, Richard Aldrich, Ronald W Barrett, Ryan Lynch and Value Fund L P Biotechnology. View Institutional Ownership Trends for Concert Pharmaceuticals.

Which major investors are selling Concert Pharmaceuticals stock?

CNCE stock was sold by a variety of institutional investors in the last quarter, including Panagora Asset Management Inc., TIAA CREF Investment Management LLC, AQR Capital Management LLC, Macquarie Group Ltd., Man Group plc, Franklin Resources Inc., Thrivent Financial for Lutherans and Acadian Asset Management LLC. Company insiders that have sold Concert Pharmaceuticals company stock in the last year include James V Cassella, Nancy Stuart, Richard Aldrich and Value Fund L P Biotechnology. View Insider Buying and Selling for Concert Pharmaceuticals.

Which major investors are buying Concert Pharmaceuticals stock?

CNCE stock was purchased by a variety of institutional investors in the last quarter, including First Manhattan Co., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Vanguard Group Inc., Tekla Capital Management LLC, GSA Capital Partners LLP, Connor Clark & Lunn Investment Management Ltd. and BlackRock Inc.. Company insiders that have bought Concert Pharmaceuticals stock in the last two years include Richard Aldrich and Value Fund L P Biotechnology. View Insider Buying and Selling for Concert Pharmaceuticals.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Concert Pharmaceuticals' stock price today?

One share of CNCE stock can currently be purchased for approximately $13.04.

How big of a company is Concert Pharmaceuticals?

Concert Pharmaceuticals has a market capitalization of $293.34 million and generates $143.89 million in revenue each year. The biotechnology company earns $95.63 million in net income (profit) each year or $4.08 on an earnings per share basis. Concert Pharmaceuticals employs 64 workers across the globe.

What is Concert Pharmaceuticals' official website?

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

How can I contact Concert Pharmaceuticals?

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]


MarketBeat Community Rating for Concert Pharmaceuticals (NASDAQ CNCE)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  482
MarketBeat's community ratings are surveys of what our community members think about Concert Pharmaceuticals and other stocks. Vote "Outperform" if you believe CNCE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNCE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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