NASDAQ:CRTXCortexyme Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cortexyme, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $45.75 -0.05 (-0.11 %) (As of 07/10/2020 04:00 PM ET) Add Compare Share Today's Range$45.12Now: $45.75▼$46.9350-Day Range$41.47MA: $47.56▼$56.4852-Week Range$19.35Now: $45.75▼$73.84Volume163,800 shsAverage Volume137,891 shsMarket Capitalization$1.35 billionP/E RatioN/ADividend YieldN/ABeta1.79 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Cortexyme, Inc., a clinical stage biopharmaceutical company, focuses on developing therapeutics for Alzheimer's disease and other degenerative disorders. Its lead drug candidate is COR388, an orally-administered brain-penetrating small molecule gingipain inhibitor, which has completed Phase 1a and Phase 1b clinical trials for use in patients with mild to moderate Alzheimer's disease. The company was incorporated in 2012 and is headquartered in South San Francisco, California.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingCortexyme has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $68.33, Cortexyme has a potential upside of 49.4% from its current price of $45.75.Amount of Analyst CoverageCortexyme has only been the subject of 3 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesCortexyme has received 143 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCortexyme has received 114 “underperform” votes. (Add your “underperform” vote.)Community SentimentCortexyme has received 55.64% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Cortexyme and other stocks. Vote “Outperform” if you believe CRTX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CRTX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldCortexyme does not currently pay a dividend.Dividend GrowthCortexyme does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cortexyme insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,944,646.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 19.80% of the stock of Cortexyme is held by insiders.Percentage Held by Institutions38.29% of the stock of Cortexyme is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Cortexyme are expected to grow in the coming year, from ($2.57) to ($2.49) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cortexyme is -22.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cortexyme is -22.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCortexyme has a P/B Ratio of 10.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.19 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Biological products, except diagnostic Sub-IndustryHealth Care Technology SectorMedical Current SymbolNASDAQ:CRTX Previous Symbol CUSIP21924P10 CIK1145404 Webwww.cortexyme.com Phone415-910-5717Debt Debt-to-Equity RatioN/A Current Ratio12.86 Quick Ratio12.86Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$4.30 per share Price / Book10.64Profitability EPS (Most Recent Fiscal Year)($1.94) Net Income$-36,980,000.00 Net MarginsN/A Return on Equity-32.48% Return on Assets-30.67%Miscellaneous Employees16 Outstanding Shares29,420,000Market Cap$1.35 billion Next Earnings Date8/14/2020 (Estimated) OptionableNot Optionable NASDAQ:CRTX Rates by TradingView Receive CRTX News and Ratings via Email Sign-up to receive the latest news and ratings for CRTX and its competitors with MarketBeat's FREE daily newsletter. Cortexyme (NASDAQ:CRTX) Frequently Asked Questions How has Cortexyme's stock been impacted by COVID-19 (Coronavirus)? Cortexyme's stock was trading at $37.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CRTX stock has increased by 23.6% and is now trading at $45.75. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Cortexyme? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cortexyme in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cortexyme. When is Cortexyme's next earnings date? Cortexyme is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Cortexyme. How were Cortexyme's earnings last quarter? Cortexyme, Inc. (NASDAQ:CRTX) posted its quarterly earnings results on Tuesday, May, 12th. The biopharmaceutical company reported ($0.61) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.45) by $0.16. View Cortexyme's earnings history. What price target have analysts set for CRTX? 3 equities research analysts have issued 12-month target prices for Cortexyme's stock. Their forecasts range from $59.00 to $76.00. On average, they anticipate Cortexyme's stock price to reach $68.33 in the next twelve months. This suggests a possible upside of 49.4% from the stock's current price. View analysts' price targets for Cortexyme. Has Cortexyme been receiving favorable news coverage? News stories about CRTX stock have been trending very negative this week, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cortexyme earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned news headlines about the biopharmaceutical company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Cortexyme. Are investors shorting Cortexyme? Cortexyme saw a drop in short interest in June. As of June 30th, there was short interest totaling 1,510,000 shares, a drop of 13.2% from the June 15th total of 1,740,000 shares. Based on an average daily trading volume, of 149,000 shares, the short-interest ratio is presently 10.1 days. Approximately 12.6% of the shares of the company are sold short. View Cortexyme's Current Options Chain. Who are some of Cortexyme's key competitors? Some companies that are related to Cortexyme include Cerner (CERN), HMS (HMSY), Omnicell (OMCL), Allscripts Healthcare Solutions (MDRX), Vocera Communications (VCRA), HealthStream (HSTM) and Computer Programs & Systems (CPSI). View all competitors. What other stocks do shareholders of Cortexyme own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cortexyme investors own include Honeywell International (HON), AT&T (T), Alibaba Group (BABA), Johnson & Johnson (JNJ), Pfizer (PFE), Verizon Communications (VZ), Cisco Systems (CSCO), CVS Health (CVS), Thermo Fisher Scientific (TMO) and Home Depot (HD). Who are Cortexyme's key executives? Cortexyme's management team includes the following people: Ms. Casey C. Lynch, Co-Founder, Chairman, Pres & CEO (Age 45)Mr. Stephen S. Dominy, Co-Founder, Chief Scientific Officer & Director (Age 63)Ms. Kristen Gafric, Co-Founder, Sr. VP of Legal & Admin. and Sec. (Age 43)Mr. Christopher P. Lowe, CFO & Treasurer (Age 48)Dr. Michael J. Detke, Chief Medical Officer (Age 52) When did Cortexyme IPO? (CRTX) raised $75 million in an initial public offering (IPO) on Thursday, May 9th 2019. The company issued 4,400,000 shares at a price of $16.00-$18.00 per share. BofA Merrill Lynch and Credit Suisse served as the underwriters for the IPO and Canaccord Genuity and JMP Securities were co-managers. What is Cortexyme's stock symbol? Cortexyme trades on the NASDAQ under the ticker symbol "CRTX." How do I buy shares of Cortexyme? Shares of CRTX 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 Cortexyme's stock price today? One share of CRTX stock can currently be purchased for approximately $45.75. How big of a company is Cortexyme? Cortexyme has a market capitalization of $1.35 billion. The biopharmaceutical company earns $-36,980,000.00 in net income (profit) each year or ($1.94) on an earnings per share basis. Cortexyme employs 16 workers across the globe. What is Cortexyme's official website? The official website for Cortexyme is www.cortexyme.com. How can I contact Cortexyme? Cortexyme's mailing address is 269 EAST GRAND AVE, SOUTH SAN FRANCISCO CA, 94080. The biopharmaceutical company can be reached via phone at 415-910-5717 or via email at [email protected] This page was last updated on 7/13/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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