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NASDAQ:DRRXDURECT Stock Price, Forecast & News

+0.04 (+1.84 %)
(As of 07/8/2020 04:00 PM ET)
Today's Range
Now: $2.21
50-Day Range
MA: $2.37
52-Week Range
Now: $2.21
Volume1.28 million shs
Average Volume1.56 million shs
Market Capitalization$433.22 million
P/E RatioN/A
Dividend YieldN/A
DURECT Corporation, a biopharmaceutical company, researches and develops medicines based on its epigenetic regulator and pharmaceutical programs. The company offers ALZET product line that consists of osmotic pumps and accessories used for experimental research in mice, rats, and other laboratory animals; and a range of biodegradable polymers for pharmaceutical and medical device clients for use as raw materials in their products under the LACTEL brand. Its product pipeline consists of multiple investigational drug candidates in development, such as DUR-928, an endogenous, orally bioavailable small molecule that is in Phase I and II development stage to play a regulatory role in lipid homeostasis, inflammation, and cell survival. The company's oral and injectable delivery technologies are designed to enable new indications and enhanced attributes for small-molecule and biologic drugs, including POSIMIR, an investigational analgesic product intended to deliver bupivacaine to provide up to 3 days of pain relief after surgery. DURECT Corporation markets and sells its ALZET and LACTEL product lines through direct sales force in the United States, as well as through a network of distributors in Japan, Europe, and internationally. The company has strategic collaboration and other agreements with Virginia Commonwealth University Intellectual Property Foundation; Indivior UK Ltd.; Santen Pharmaceutical Co., Ltd.; Sandoz AG; and Zogenix, Inc. DURECT Corporation was founded in 1998 and is headquartered in Cupertino, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.48 out of 5 stars

Industry, Sector and Symbol

Industry Pharmaceutical preparations
Current SymbolNASDAQ:DRRX



Sales & Book Value

Annual Sales$29.56 million
Book Value$0.12 per share


Net Income$-20,580,000.00


Market Cap$433.22 million
Next Earnings Date8/6/2020 (Estimated)

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DURECT (NASDAQ:DRRX) Frequently Asked Questions

How has DURECT's stock been impacted by COVID-19 (Coronavirus)?

DURECT's stock was trading at $1.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DRRX stock has increased by 33.9% and is now trading at $2.21. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of DURECT?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DURECT in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for DURECT.

When is DURECT's next earnings date?

DURECT is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for DURECT.

How were DURECT's earnings last quarter?

DURECT Co. (NASDAQ:DRRX) released its quarterly earnings data on Monday, May, 11th. The specialty pharmaceutical company reported ($0.05) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.01. The specialty pharmaceutical company had revenue of $2.78 million for the quarter, compared to analysts' expectations of $4.74 million. DURECT had a negative return on equity of 114.36% and a negative net margin of 82.94%. View DURECT's earnings history.

What price target have analysts set for DRRX?

5 analysts have issued 1 year target prices for DURECT's stock. Their forecasts range from $2.10 to $6.00. On average, they anticipate DURECT's share price to reach $4.53 in the next twelve months. This suggests a possible upside of 104.8% from the stock's current price. View analysts' price targets for DURECT.

What are Wall Street analysts saying about DURECT stock?

Here are some recent quotes from research analysts about DURECT stock:
  • 1. According to Zacks Investment Research, "Durect Corp. is pioneering the treatment of chronic diseases and conditions by developing and commercializing pharmaceutical systems to deliver the right drug to the right place in the right amount at the right time. Its pharmaceutical systems combine engineering innovations and delivery technology from the medical device and drug delivery industries with its proprietary pharmaceutical and biotechnology drug formulations. " (5/8/2020)
  • 2. HC Wainwright analysts commented, "Recently Signed Gilead Partnership Yields First $10M Milestone; Affirm Buy Gilead rapidly advances long-acting injectible HIV drug based on SABER agreement. Yesterday, DURECT announced that it has earned a $10M milestone payment from Gilead (GILD; not rated) related to the further development of an investigational injectable HIV product utilizing DURECT’s SABER technology, as part of a license agreement that was announced in July 2019. In addition to the $25M upfront payment already received, remaining milestones include the potential for up to an additional $65M in development and regulatory milestones, up to an additional $70M in sales-based milestones, as well as tiered royalties on product sales." (9/10/2019)

Has DURECT been receiving favorable news coverage?

Media headlines about DRRX stock have been trending negative on Thursday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. DURECT earned a news impact score of -2.1 on InfoTrie's scale. They also gave media stories about the specialty pharmaceutical company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about DURECT.

Who are some of DURECT's key competitors?

What other stocks do shareholders of DURECT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other DURECT investors own include Novavax (NVAX), Cassava Sciences (SAVA), Catalyst Pharmaceuticals (CPRX), Gilead Sciences (GILD), Amarin (AMRN), Geron (GERN), Immunomedics (IMMU), Progenics Pharmaceuticals (PGNX), Verastem (VSTM) and Inovio Pharmaceuticals (INO).

Who are DURECT's key executives?

DURECT's management team includes the following people:
  • Dr. James E. Brown, Co-Founder, CEO, Pres & Director (Age 62)
  • Mr. Matthew J. Hogan, CFO & Sec. (Age 59)
  • Ms. Judy R. Joice, Sr. VP of Operations & Corp. Quality Assurance (Age 62)
  • Mr. Michael H. Arenberg, Chief Financial Officer (Age 49)
  • Dr. John W. Gibson B.S., M.S., VP of Birmingham Operations & Principal Scientist

What is DURECT's stock symbol?

DURECT trades on the NASDAQ under the ticker symbol "DRRX."

Who are DURECT's major shareholders?

DURECT's stock is owned by a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.01%). Company insiders that own DURECT stock include First Eagle Investment Managem, James E Brown, Jon S Saxe, Judy R Joice, Lp Bleichroeder and Michael Arenberg. View institutional ownership trends for DURECT.

Which institutional investors are buying DURECT stock?

DRRX stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought DURECT stock in the last two years include First Eagle Investment Managem, James E Brown, Jon S Saxe, Lp Bleichroeder, and Michael Arenberg. View insider buying and selling activity for DURECT.

How do I buy shares of DURECT?

Shares of DRRX 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 DURECT's stock price today?

One share of DRRX stock can currently be purchased for approximately $2.21.

How big of a company is DURECT?

DURECT has a market capitalization of $433.22 million and generates $29.56 million in revenue each year. The specialty pharmaceutical company earns $-20,580,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. DURECT employs 88 workers across the globe.

What is DURECT's official website?

The official website for DURECT is www.durect.com.

How can I contact DURECT?

DURECT's mailing address is 10260 BUBB RD, CUPERTINO CA, 95014. The specialty pharmaceutical company can be reached via phone at 408-777-1417 or via email at [email protected]

This page was last updated on 7/9/2020 by MarketBeat.com Staff

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