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DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
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Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The 3-Stock Retirement Blueprint (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The 3-Stock Retirement Blueprint (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The 3-Stock Retirement Blueprint (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
MUST WATCH: Unusual 3-second financial maneuver (Ad)
NASDAQ:CNCE

Concert Pharmaceuticals - CNCE Stock Forecast, Price & News

$6.96
-0.14 (-1.97%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$6.85
$7.23
50-Day Range
$4.09
$7.20
52-Week Range
$2.57
$7.37
Volume
416,725 shs
Average Volume
630,958 shs
Market Capitalization
$252.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.00

Concert Pharmaceuticals MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
72.4% Upside
$12.00 Price Target
Short Interest
Healthy
3.03% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.93
Upright™ Environmental Score
News Sentiment
1.35mentions of Concert Pharmaceuticals in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$49,998 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($2.72) to ($1.75) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Medical Sector

121st out of 1,135 stocks

Pharmaceutical Preparations Industry

47th out of 557 stocks

CNCE stock logo

About Concert Pharmaceuticals (NASDAQ:CNCE) Stock

Concert Pharmaceuticals, Inc. operates as a clinical stage biopharmaceutical company that develops novel small molecule drugs for the treatment of autoimmune diseases. The company's lead product candidate is CTP-543, which is in Phase III clinical trial for the treatment of alopecia areata, a serious autoimmune dermatological condition. It has strategic collaborations with Avanir Pharmaceuticals, Inc.; Jazz Pharmaceuticals, Inc.; Cipla Technologies; and Processa Pharmaceuticals. The company was incorporated in 2006 and is headquartered in Lexington, Massachusetts.

Concert Pharmaceuticals Trading Down 2.0 %

Shares of NASDAQ:CNCE opened at $6.96 on Friday. The firm has a 50 day simple moving average of $5.01 and a 200-day simple moving average of $4.02. The company has a market capitalization of $252.86 million, a PE ratio of -2.04 and a beta of 0.69. Concert Pharmaceuticals has a twelve month low of $2.57 and a twelve month high of $7.37.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Concert Pharmaceuticals in a research report on Wednesday, June 15th. They set a "hold" rating for the company.

Insider Buying and Selling

In related news, Director Heek Christi Van acquired 10,526 shares of the firm's stock in a transaction on Monday, June 6th. The stock was bought at an average price of $4.75 per share, for a total transaction of $49,998.50. Following the completion of the purchase, the director now directly owns 25,651 shares of the company's stock, valued at approximately $121,842.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.00% of the stock is owned by company insiders.

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CNCE Stock News Headlines

Recap: Concert Pharma Q2 Earnings
Concert Pharmaceuticals: A Balanced Risk/Reward
See More Headlines
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CNCE Company Calendar

Last Earnings
11/09/2021
Today
8/14/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:CNCE
Employees
64
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.00
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+72.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-80,050,000.00
Net Margins
-245.72%
Pretax Margin
-21,504.86%

Debt

Sales & Book Value

Annual Sales
$32.58 million
Book Value
$3.52 per share

Miscellaneous

Free Float
32,333,000
Market Cap
$252.86 million
Optionable
Optionable
Beta
0.69














CNCE Stock - Frequently Asked Questions

Should I buy or sell Concert Pharmaceuticals stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Concert Pharmaceuticals in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CNCE shares.
View CNCE analyst ratings
or view top-rated stocks.

What is Concert Pharmaceuticals' stock price forecast for 2022?

3 brokerages have issued 12-month price targets for Concert Pharmaceuticals' shares. Their CNCE share price forecasts range from $9.00 to $17.00. On average, they anticipate the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 72.4% from the stock's current price.
View analysts price targets for CNCE
or view top-rated stocks among Wall Street analysts.

How have CNCE shares performed in 2022?

Concert Pharmaceuticals' stock was trading at $3.15 at the start of the year. Since then, CNCE stock has increased by 121.0% and is now trading at $6.96.
View the best growth stocks for 2022 here
.

When is Concert Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our CNCE earnings forecast
.

How were Concert Pharmaceuticals' earnings last quarter?

Concert Pharmaceuticals, Inc. (NASDAQ:CNCE) issued its quarterly earnings results on Tuesday, November, 9th. The biotechnology company reported ($0.78) EPS for the quarter, beating the consensus estimate of ($0.81) by $0.03. The biotechnology company earned $0.54 million during the quarter, compared to the consensus estimate of $0.25 million. Concert Pharmaceuticals had a negative net margin of 245.72% and a negative trailing twelve-month return on equity of 116.27%. During the same period in the prior year, the business earned ($0.60) EPS.

What is Roger Tung's approval rating as Concert Pharmaceuticals' CEO?

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

What other stocks do shareholders of Concert Pharmaceuticals own?

What is Concert Pharmaceuticals' stock symbol?

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

Who are Concert Pharmaceuticals' major shareholders?

Concert Pharmaceuticals' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (2.55%), Assenagon Asset Management S.A. (1.51%), AWM Investment Company Inc. (1.39%), Connor Clark & Lunn Investment Management Ltd. (0.83%), Walleye Capital LLC (0.55%) and ClariVest Asset Management LLC (0.29%). Insiders that own company stock include Heek Christi Van, James V Cassella, Jeffrey A Munsie, Marc A Becker, Nancy Stuart, Roger D Tung and Thomas G Auchincloss.
View institutional ownership trends
.

How do I buy shares of Concert Pharmaceuticals?

Shares of CNCE stock 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.
Compare Top Brokerages Here.

What is Concert Pharmaceuticals' stock price today?

One share of CNCE stock can currently be purchased for approximately $6.96.

How much money does Concert Pharmaceuticals make?

Concert Pharmaceuticals (NASDAQ:CNCE) has a market capitalization of $252.86 million and generates $32.58 million in revenue each year. The biotechnology company earns $-80,050,000.00 in net income (profit) each year or ($3.41) on an earnings per share basis.

How can I contact Concert Pharmaceuticals?

Concert Pharmaceuticals' mailing address is 65 HAYDEN AVENUE SUITE 3000N, LEXINGTON MA, 02421. The official website for the company is www.concertpharma.com. The biotechnology company can be reached via phone at (781) 860-0045, via email at ir@concertpharma.com, or via fax at 302-636-5454.

This page (NASDAQ:CNCE) was last updated on 8/14/2022 by MarketBeat.com Staff

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