NASDAQ:DEPO - Depomed Stock Price, News, & Analysis

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$7.30 +0.12 (+1.67 %)
(As of 09/23/2018 04:00 PM ET)
Previous Close$7.30
Today's Range$7.09 - $7.42
52-Week Range$4.31 - $9.48
Volume940,193 shs
Average Volume1.30 million shs
Market Capitalization$461.47 million
P/E Ratio-5.79
Dividend YieldN/A
Beta1.27
Depomed logoDepomed, Inc., a specialty pharmaceutical company, engages in the development, sale, and licensing of products for pain and other central nervous system conditions in the United States. It offers Gralise (gabapentin), an once-daily product for the management of postherpetic neuralgia; CAMBIA (diclofenac potassium for oral solution), a non-steroidal anti-inflammatory drug indicated for acute treatment of migraine attacks in adults; and Zipsor (diclofenac potassium) liquid filled capsule, a non-steroidal anti-inflammatory drug for the treatment of mild to moderate acute pain in adults. The company also provides NUCYNTA ER (tapentadol extended release tablet), a product for the management of pain severe enough to long term opioid treatment, including neuropathic pain associated with diabetic peripheral neuropathy (DPN) in adults; and NUCYNTA IR (tapentadol), a product for the management of moderate to severe acute pain in adults. In addition, it is involved in the clinical development of Cebranopadol for the treatment of chronic nociceptive and neuropathic pain. Depomed, Inc. has a collaboration and license agreement with Ironwood Pharmaceuticals, Inc.; and a license agreement with Janssen Pharmaceuticals, Inc. based on its proprietary Acuform gastroretentive drug delivery technology. The company sells its products to wholesalers and retail pharmacies. Depomed, Inc. was founded in 1995 and is headquartered in Newark, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryPharmaceuticals
SectorMedical
SymbolNASDAQ:DEPO
CUSIP24990810
Phone510-744-8000

Debt

Debt-to-Equity Ratio2.48
Current Ratio0.55
Quick Ratio0.53

Price-To-Earnings

Trailing P/E Ratio-5.79
Forward P/E Ratio-15.21
P/E GrowthN/A

Sales & Book Value

Annual Sales$380.72 million
Price / Sales1.23
Cash Flow$0.8459 per share
Price / Cash8.63
Book Value$2.69 per share
Price / Book2.71

Profitability

EPS (Most Recent Fiscal Year)($1.26)
Net Income$-102,490,000.00
Net Margins-9.52%
Return on Equity-13.22%
Return on Assets-2.52%

Miscellaneous

Employees434
Outstanding Shares63,920,000
Market Cap$461.47 million

Depomed (NASDAQ:DEPO) Frequently Asked Questions

What is Depomed's stock symbol?

Depomed trades on the NASDAQ under the ticker symbol "DEPO."

How were Depomed's earnings last quarter?

Depomed Inc (NASDAQ:DEPO) posted its quarterly earnings results on Wednesday, August, 8th. The specialty pharmaceutical company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.03. The specialty pharmaceutical company had revenue of $63.27 million for the quarter, compared to analysts' expectations of $63.72 million. Depomed had a negative return on equity of 13.22% and a negative net margin of 9.52%. The firm's revenue for the quarter was down 37.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.08 EPS. View Depomed's Earnings History.

When is Depomed's next earnings date?

Depomed is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Depomed.

What price target have analysts set for DEPO?

7 brokerages have issued 12-month price objectives for Depomed's stock. Their predictions range from $7.00 to $10.00. On average, they expect Depomed's stock price to reach $8.6667 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price. View Analyst Price Targets for Depomed.

What is the consensus analysts' recommendation for Depomed?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Depomed in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Depomed.

Are investors shorting Depomed?

Depomed saw a decline in short interest in the month of August. As of August 15th, there was short interest totalling 7,431,841 shares, a decline of 22.1% from the July 31st total of 9,540,895 shares. Based on an average daily trading volume, of 1,492,851 shares, the short-interest ratio is presently 5.0 days. View Depomed's Current Options Chain.

Who are some of Depomed's key competitors?

Who are Depomed's key executives?

Depomed's management team includes the folowing people:
  • Mr. Arthur Joseph Higgins, CEO, Pres & Director (Age 62)
  • Mr. August J. Moretti, CFO & Sr. VP (Age 67)
  • Mr. Sean P. McKercher, Sr. VP of Operations & Bus. (Age 61)
  • Dr. Stan Bukofzer, Sr. VP and Chief Medical & Scientific Officer (Age 62)
  • Mr. John B. Thomas, Sr. VP of IR & Corp. Communications (Age 54)

Who are Depomed's major shareholders?

Depomed's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (7.15%), Dimensional Fund Advisors LP (5.26%), Connor Clark & Lunn Investment Management Ltd. (4.52%), Starboard Value LP (2.51%), Millennium Management LLC (2.21%) and Acadian Asset Management LLC (1.40%). Company insiders that own Depomed stock include Arthur J Higgins, August J Moretti and Matthew M Gosling. View Institutional Ownership Trends for Depomed.

Which major investors are selling Depomed stock?

DEPO stock was sold by a variety of institutional investors in the last quarter, including Starboard Value LP, State of Wisconsin Investment Board, Deltec Asset Management LLC, State Board of Administration of Florida Retirement System, Engineers Gate Manager LP, Schwab Charles Investment Management Inc., Mackay Shields LLC and Alps Advisors Inc.. View Insider Buying and Selling for Depomed.

Which major investors are buying Depomed stock?

DEPO stock was bought by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC, American Century Companies Inc., Millennium Management LLC, Bank of Montreal Can, Acadian Asset Management LLC, GSA Capital Partners LLP and SG Americas Securities LLC. View Insider Buying and Selling for Depomed.

How do I buy shares of Depomed?

Shares of DEPO 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 Depomed's stock price today?

One share of DEPO stock can currently be purchased for approximately $7.30.

How big of a company is Depomed?

Depomed has a market capitalization of $461.47 million and generates $380.72 million in revenue each year. The specialty pharmaceutical company earns $-102,490,000.00 in net income (profit) each year or ($1.26) on an earnings per share basis. Depomed employs 434 workers across the globe.

What is Depomed's official website?

The official website for Depomed is http://www.depomedinc.com.

How can I contact Depomed?

Depomed's mailing address is 7999 GATEWAY BLVD. SUITE 300, NEWARK CA, 94560. The specialty pharmaceutical company can be reached via phone at 510-744-8000 or via email at [email protected]


MarketBeat Community Rating for Depomed (NASDAQ DEPO)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  446 (Vote Outperform)
Underperform Votes:  343 (Vote Underperform)
Total Votes:  789
MarketBeat's community ratings are surveys of what our community members think about Depomed and other stocks. Vote "Outperform" if you believe DEPO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DEPO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/23/2018 by MarketBeat.com Staff

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