Corbus Pharmaceuticals Holdings, Inc, a clinical-stage pharmaceutical company, focuses on the development and commercialization of various therapeutics to treat rare, chronic, and serious inflammatory and fibrotic diseases. Its lead product candidate is lenabasum, a synthetic oral endocannabinoid drug that is in Phase 3 clinical trial for the treatment of systemic sclerosis and dermatomyositis, and in Phase 2 clinical trial to treat systemic lupus erythematosus and cystic fibrosis.
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Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone617-963-0100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.82 million
Profitability
Miscellaneous
Employees77
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable
Corbus Pharmaceuticals (NASDAQ:CRBP) Frequently Asked Questions
What is Corbus Pharmaceuticals' stock symbol?
Corbus Pharmaceuticals trades on the NASDAQ under the ticker symbol "CRBP."
How were Corbus Pharmaceuticals' earnings last quarter?
Corbus Pharmaceuticals Holdings Inc (NASDAQ:CRBP) announced its quarterly earnings results on Thursday, August, 8th. The biopharmaceutical company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.25. The biopharmaceutical company earned $29.10 million during the quarter, compared to the consensus estimate of $10.32 million. Corbus Pharmaceuticals had a negative net margin of 164.68% and a negative return on equity of 139.91%. View Corbus Pharmaceuticals' Earnings History.
When is Corbus Pharmaceuticals' next earnings date?
What price target have analysts set for CRBP?
7 analysts have issued 1 year target prices for Corbus Pharmaceuticals' stock. Their predictions range from $18.00 to $38.00. On average, they expect Corbus Pharmaceuticals' stock price to reach $25.86 in the next year. This suggests a possible upside of 456.1% from the stock's current price. View Analyst Price Targets for Corbus Pharmaceuticals.
What is the consensus analysts' recommendation for Corbus Pharmaceuticals?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corbus Pharmaceuticals in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Corbus Pharmaceuticals.
What are Wall Street analysts saying about Corbus Pharmaceuticals stock?
Here are some recent quotes from research analysts about Corbus Pharmaceuticals stock:
- 1. According to Zacks Investment Research, "Corbus Pharmaceuticals Holdings, Inc. is a Phase 3 clinical-stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat rare, chronic, and serious inflammatory and fibrotic diseases. The Company's lead product candidate, lenabasum, is a novel, synthetic oral endocannabinoid-mimetic drug designed to resolve chronic inflammation and fibrotic processes. Lenabasum is currently being evaluated in systemic sclerosis, cystic fibrosis, dermatomyositis, and systemic lupus erythematosus. " (8/13/2019)
- 2. HC Wainwright analysts commented, "Valuation and risks to our investment thesis. Our price target of $24/share is based on an equally weighted composite of: (a) $23.83/share, as a 35x multiple of taxed and diluted $5.60 discounted back to FY19 at 18% (in line with the expected P/E multiple and discount rate of an early development stage biotechnology company); and (b) an NPV of $24/share (discounted cash flow analysis using a 15.5% discount rate and 2% growth rate, in line with the expected discount and growth parameters of an early development-stage biotechnology company)." (5/10/2019)
Has Corbus Pharmaceuticals been receiving favorable news coverage?
Media stories about CRBP stock have been trending negative on Monday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Corbus Pharmaceuticals earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media headlines about the biopharmaceutical company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Corbus Pharmaceuticals.
Who are some of Corbus Pharmaceuticals' key competitors?
Some companies that are related to Corbus Pharmaceuticals include BELLUS Health (BLUSF), Turning Point Therapeutics (TPTX), Enanta Pharmaceuticals (ENTA), Radius Health (RDUS), Zymeworks (ZYME), Innoviva (INVA), ArQule (ARQL), Theravance Biopharma (TBPH), Esperion Therapeutics (ESPR), Gossamer Bio (GOSS), Dicerna Pharmaceuticals (DRNA), TherapeuticsMD (TXMD), AnaptysBio (ANAB), Amphastar Pharmaceuticals (AMPH) and Epizyme (EPZM).
What other stocks do shareholders of Corbus Pharmaceuticals own?
Who are Corbus Pharmaceuticals' key executives?
Corbus Pharmaceuticals' management team includes the folowing people:
- Dr. Yuval Cohen, CEO & Director (Age 44)
- Mr. Sean F. Moran CPA, M.B.A., CPA, MBA, Chief Financial Officer (Age 61)
- Dr. Mark A. Tepper, Co-Founder & Consultant (Age 62)
- Dr. Barbara White, Chief Medical Officer (Age 69)
- Ted Jenkins, Sr. Director of Investor Relations & Communications
How do I buy shares of Corbus Pharmaceuticals?
Shares of CRBP 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.
What is Corbus Pharmaceuticals' stock price today?
One share of CRBP stock can currently be purchased for approximately $4.65.
How big of a company is Corbus Pharmaceuticals?
Corbus Pharmaceuticals has a market capitalization of $300.63 million and generates $4.82 million in revenue each year. The biopharmaceutical company earns $-55,670,000.00 in net income (profit) each year or ($0.98) on an earnings per share basis. Corbus Pharmaceuticals employs 77 workers across the globe.View Additional Information About Corbus Pharmaceuticals.
What is Corbus Pharmaceuticals' official website?
How can I contact Corbus Pharmaceuticals?
Corbus Pharmaceuticals' mailing address is 500 River Ridge Drive, Norwood MA, 02062. The biopharmaceutical company can be reached via phone at 617-963-0100 or via email at [email protected]
MarketBeat Community Rating for Corbus Pharmaceuticals (NASDAQ CRBP)
MarketBeat's community ratings are surveys of what our community members think about Corbus Pharmaceuticals and other stocks. Vote "Outperform" if you believe CRBP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRBP will underperform the S&P 500 over the long term. You may vote once every thirty days.
