Cardiome Pharma Corp., a specialty pharmaceutical company, engages in the development and commercialization of therapies for the treatment of patients suffering from heart diseases. It offers BRINAVESS (vernakalant (IV)) for the conversion of recent onset atrial fibrillation to sinus rhythm in adults; and AGGRASTAT, a reversible GP IIb/IIIa inhibitor for use in acute coronary syndrome patients. The company also provides ESMOCARD and ESMOCARD LYO short-acting beta-blockers used to control rapid heart rate; XYDALBA, a semi-synthetic lipoglycopeptide for the treatment of acute bacterial skin and skin structure infections; and TREVYENT for the treatment of pulmonary arterial hypertension. It has operations in Canada, the United States, Europe, and internationally. The company was formerly known as Nortran Pharmaceuticals Inc. and changed its name to Cardiome Pharma Corp. in June 2001. Cardiome Pharma Corp. was founded in 1986 and is headquartered in Vancouver, Canada.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:CRME
CUSIPN/A
Phone604-677-6905
Debt
Debt-to-Equity Ratio4.31
Current Ratio3.97
Quick Ratio3.99
Price-To-Earnings
Trailing P/E Ratio-2.59
Forward P/E Ratio-3.03
P/E GrowthN/A
Sales & Book Value
Annual Sales$24 million
Price / Sales3.39
Cash FlowN/A
Price / CashN/A
Book Value$0.26 per share
Price / Book8.96
Profitability
EPS (Most Recent Fiscal Year)($0.90)
Net Income$-29,810,000.00
Net Margins-125.98%
Return on Equity-164.75%
Return on Assets-47.61%
Miscellaneous
Employees120
Outstanding Shares34,870,000
Market Cap$81.25 million
Cardiome Pharma (NASDAQ:CRME) Frequently Asked Questions
What is Cardiome Pharma's stock symbol?
Cardiome Pharma trades on the NASDAQ under the ticker symbol "CRME."
How were Cardiome Pharma's earnings last quarter?
Cardiome Pharma Co. (NASDAQ:CRME) posted its quarterly earnings results on Tuesday, May, 15th. The biopharmaceutical company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by $0.02. The biopharmaceutical company had revenue of $6.54 million for the quarter, compared to analysts' expectations of $7.34 million. Cardiome Pharma had a negative return on equity of 164.75% and a negative net margin of 125.98%. View Cardiome Pharma's Earnings History.
What price target have analysts set for CRME?
3 analysts have issued twelve-month target prices for Cardiome Pharma's shares. Their forecasts range from $5.00 to $10.00. On average, they anticipate Cardiome Pharma's stock price to reach $7.50 in the next year. This suggests a possible upside of 221.9% from the stock's current price. View Analyst Price Targets for Cardiome Pharma.
What is the consensus analysts' recommendation for Cardiome Pharma?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardiome Pharma in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cardiome Pharma.
Who are some of Cardiome Pharma's key competitors?
Some companies that are related to Cardiome Pharma include Synlogic (SYBX), Catalyst Pharmaceuticals (CPRX), Concert Pharmaceuticals (CNCE), MEI Pharma (MEIP), Innate Pharma (IPHYF), Kalvista Pharmaceuticals (KALV), BIOFRONTERA AG/ADR (BFRA), Seres Therapeutics (MCRB), ProMetic Life Sciences (PFSCF), Acer Therapeutics (ACER), Paratek Pharmaceuticals (PRTK), Aratana Therapeutics (PETX), Mersana Therapeutics (MRSN), Galectin Therapeutics (GALT) and CELYAD SA/ADR (CYAD).
Who are Cardiome Pharma's key executives?
Cardiome Pharma's management team includes the folowing people:
- Dr. William L. Hunter, Pres, CEO & Director (Age 55)
- Ms. Sheila M. Grant MBA, Chief Operating Officer
- Mr. David D. McMasters, Gen. Counsel (Age 59)
- Mr. Hugues Sachot, Chief Commercial Officer
- Mr. Justin A. Renz, Chief Financial Officer (Age 46)
How do I buy shares of Cardiome Pharma?
Shares of CRME 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 Cardiome Pharma's stock price today?
One share of CRME stock can currently be purchased for approximately $2.33.
How big of a company is Cardiome Pharma?
Cardiome Pharma has a market capitalization of $81.25 million and generates $24 million in revenue each year. The biopharmaceutical company earns $-29,810,000.00 in net income (profit) each year or ($0.90) on an earnings per share basis. Cardiome Pharma employs 120 workers across the globe.
What is Cardiome Pharma's official website?
How can I contact Cardiome Pharma?
Cardiome Pharma's mailing address is 1441 Creekside Drive 6th Floor, Vancouver A1, V6J 4S7. The biopharmaceutical company can be reached via phone at 604-677-6905 or via email at [email protected]
MarketBeat Community Rating for Cardiome Pharma (NASDAQ CRME)
MarketBeat's community ratings are surveys of what our community members think about Cardiome Pharma and other stocks. Vote "Outperform" if you believe CRME will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRME will underperform the S&P 500 over the long term. You may vote once every thirty days.
