Concert Pharmaceuticals Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Concert Pharmaceuticals in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Concert Pharmaceuticals stock.
View analyst ratings for Concert Pharmaceuticals or view top-rated stocks.

Wall Street analysts have given Concert Pharmaceuticals a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Concert Pharmaceuticals wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Concert Pharmaceuticals saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 612,700 shares, a decline of 54.6% from the June 15th total of 1,350,000 shares. Based on an average trading volume of 301,400 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.1% of the company's stock are short sold.
View Concert Pharmaceuticals' Short Interest.

Concert Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Concert Pharmaceuticals.

Concert Pharmaceuticals, Inc. (NASDAQ:CNCE) issued its quarterly earnings results on Tuesday, May, 4th. The biotechnology company reported ($0.67) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.66) by $0.01. The biotechnology company had revenue of $0.01 million for the quarter, compared to analyst estimates of $1.50 million. Concert Pharmaceuticals had a negative net margin of 974.15% and a negative trailing twelve-month return on equity of 59.51%.
View Concert Pharmaceuticals' earnings history.

Concert Pharmaceuticals' stock was trading at $8.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CNCE shares have decreased by 60.7% and is now trading at $3.28.
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4 analysts have issued 1-year price targets for Concert Pharmaceuticals' stock. Their forecasts range from $13.00 to $25.00. On average, they anticipate Concert Pharmaceuticals' share price to reach $19.25 in the next twelve months. This suggests a possible upside of 486.9% from the stock's current price.
View analysts' price targets for Concert Pharmaceuticals or view top-rated stocks among Wall Street analysts.

1 employees have rated Concert Pharmaceuticals CEO Roger Tung on Glassdoor.com. Roger Tung has an approval rating of 100% among Concert Pharmaceuticals' employees. This puts Roger Tung in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Concert Pharmaceuticals include Mawson Infrastructure Group (WIZP), Kindred Biosciences (KIN), Magenta Therapeutics (MGTA), Spero Therapeutics (SPRO), Akebia Therapeutics (AKBA), ANI Pharmaceuticals (ANIP), TherapeuticsMD (TXMD), Inozyme Pharma (INZY), Molecular Templates (MTEM), Geron (GERN), Forte Biosciences (FBRX), Selecta Biosciences (SELB), Amryt Pharma (AMYT), Viracta Therapeutics (VIRX) and Provention Bio (PRVB).
View all of CNCE's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Concert Pharmaceuticals investors own include Gilead Sciences (GILD), Eiger BioPharmaceuticals (EIGR), Exelixis (EXEL), ACADIA Pharmaceuticals (ACAD), Nektar Therapeutics (NKTR), TG Therapeutics (TGTX), Celldex Therapeutics (CLDX), Amicus Therapeutics (FOLD), Global Blood Therapeutics (GBT) and Intel (INTC).

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

Shares of CNCE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CNCE stock can currently be purchased for approximately $3.28.

Concert Pharmaceuticals has a market capitalization of $105.53 million and generates $7.90 million in revenue each year. The biotechnology company earns $-74,770,000.00 in net income (profit) each year or ($2.40) on an earnings per share basis.

Concert Pharmaceuticals employs 71 workers across the globe.

The official website for Concert Pharmaceuticals is www.concertpharma.com.

Concert Pharmaceuticals is headquartered at 65 HAYDEN AVENUE SUITE 3000N, LEXINGTON MA, 02421.

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]