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

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$11.37 +0.86 (+8.18 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$10.51
Today's Range$10.48 - $11.43
52-Week Range$9.21 - $20.79
Volume224,600 shs
Average Volume236,526 shs
Market Capitalization$270.56 million
P/E RatioN/A
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 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, a once-nightly oxybate product; 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 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

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:CNCE
CUSIPN/A
Phone781-860-0045

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.51 million
Book Value$6.30 per share

Profitability

Net Income$-56,020,000.00
Net Margins-7,118.04%

Miscellaneous

Employees71
Market Cap$270.56 million
Next Earnings Date8/1/2019 (Estimated)
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) released its quarterly earnings results on Thursday, May, 2nd. The biotechnology company reported ($0.93) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.62) by $0.31. The biotechnology company had revenue of $1.01 million for the quarter, compared to the consensus estimate of $16.08 million. Concert Pharmaceuticals had a negative net margin of 7,118.04% and a negative return on equity of 41.72%. 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, August 1st 2019. View Earnings Estimates for Concert Pharmaceuticals.

What price target have analysts set for CNCE?

6 brokerages have issued 12-month price objectives for Concert Pharmaceuticals' shares. Their predictions range from $13.00 to $26.00. On average, they expect Concert Pharmaceuticals' stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 75.9% from the stock's current price. View Analyst Price Targets for Concert Pharmaceuticals.

What is the consensus analysts' recommendation for Concert Pharmaceuticals?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Concert Pharmaceuticals in the last year. There are currently 1 hold rating and 5 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. " (5/7/2019)
  • 2. HC Wainwright analysts commented, "Our price target of $26/share is comprised of $15.79 from CTP-543 in AA + $3.82 from AVP-786 in AD + $6.45 in cash and is based on a discounted cash flow analysis (2019-2026) using a 12% discount rate and 1% growth rate, in line with the expected discount and growth parameters of a development stage biotechnology company. Risks to our investment thesis and target price include: (1) failure in clinical studies; (2) failure to secure regulatory approval; and (3) smaller than anticipated commercial opportunity due to market size, competition, and pricing." (5/3/2019)
  • 3. Mizuho analysts commented, "We do not see earnings as the most meaningful indicator of value for developmental stage biotechs. Catalysts to watch: 1) CTP-543 Phase II data for alopecia areata (AA) is expected in 3Q19, 2) AVP-786 second Phase III trial is expected to complete in Dec 2019, data could be available in early 2020. Concert had $153.8mn at the end of 1Q19 which is expected to support operation through 2H20." (5/3/2019)

Has Concert Pharmaceuticals been receiving favorable news coverage?

News stories about CNCE stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Concert Pharmaceuticals earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave media coverage about the biotechnology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Concert Pharmaceuticals' key competitors?

What other stocks do shareholders of Concert Pharmaceuticals own?

Who are Concert Pharmaceuticals' key executives?

Concert Pharmaceuticals' management team includes the folowing people:
  • Mr. Richard H. Aldrich Mba, Co-Founder & Chairman (Age 65)
  • Dr. Roger D. Tung, Co-Founder, CEO, Pres & Director (Age 59)
  • Ms. Nancy Stuart, Chief Operating Officer (Age 61)
  • Dr. James V. Cassella, Chief Devel. Officer (Age 64)
  • Mr. Marc A. Becker, Chief Financial Officer (Age 47)

Who are Concert Pharmaceuticals' major shareholders?

Concert Pharmaceuticals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Perceptive Advisors LLC (9.26%), Perceptive Advisors LLC (9.26%), BlackRock Inc. (7.25%), BVF Inc. IL (5.82%), Ingalls & Snyder LLC (5.01%) and Dimensional Fund Advisors LP (4.79%). 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 institutional investors are selling Concert Pharmaceuticals stock?

CNCE stock was sold by a variety of institutional investors in the last quarter, including First Manhattan Co., Acadian Asset Management LLC, ClariVest Asset Management LLC, Wells Fargo & Company MN, Alps Advisors Inc., Morgan Stanley, Connor Clark & Lunn Investment Management Ltd. and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Concert Pharmaceuticals.

Which institutional investors are buying Concert Pharmaceuticals stock?

CNCE stock was purchased by a variety of institutional investors in the last quarter, including Perceptive Advisors LLC, Perceptive Advisors LLC, BVF Inc. IL, Schonfeld Strategic Advisors LLC, California Public Employees Retirement System, BlackRock Inc., Geode Capital Management LLC and Trexquant Investment LP. 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 $11.37.

How big of a company is Concert Pharmaceuticals?

Concert Pharmaceuticals has a market capitalization of $270.56 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.

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:  323 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  584
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 5/21/2019 by MarketBeat.com Staff

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