NASDAQ:EWTX

Edgewise Therapeutics (EWTX) Stock Price, News & Analysis

$16.17
+0.23 (+1.44%)
(As of 04/26/2024 ET)
Today's Range
$15.99
$16.93
50-Day Range
$15.08
$18.50
52-Week Range
$5.12
$20.69
Volume
676,052 shs
Average Volume
506,700 shs
Market Capitalization
$1.51 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$31.20

Edgewise Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
92.9% Upside
$31.20 Price Target
Short Interest
Bearish
9.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.65mentions of Edgewise Therapeutics in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$612,566 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.76) to ($1.90) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.62 out of 5 stars

Medical Sector

655th out of 916 stocks

Pharmaceutical Preparations Industry

296th out of 422 stocks

EWTX stock logo

About Edgewise Therapeutics Stock (NASDAQ:EWTX)

Edgewise Therapeutics, Inc., a biopharmaceutical company, discovers, develops, and commercializes therapies for the treatment of muscle disorders. Its lead product candidate, EDG-5506, an orally administered small molecule that is in Phase II clinical trials, designed to address the root cause of dystrophinopathies including Duchenne muscular dystrophy and Becker muscular dystrophy. The company develops EDG-7500, a small molecule for the treatment of hypertrophic cardiomyopathy and other severe cardiac disorders that is in Phase I clinical trials. In addition, it develops a pipeline of precision medicine product candidates that target key muscle proteins and modulators to address genetically defined muscle disorders. Edgewise Therapeutics, Inc. was incorporated in 2017 and is headquartered in Boulder, Colorado.

EWTX Stock Price History

EWTX Stock News Headlines

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Edgewise Therapeutics: Q4 Earnings Insights
Edgewise Therapeutics Non-GAAP EPS of $0.47
Edgewise Therapeutics Inc (EWTX)
EWTX May 2024 30.000 call
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/28/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:EWTX
Fax
N/A
Employees
88
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.20
High Stock Price Target
$48.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+92.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-100,160,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$4.53 per share

Miscellaneous

Free Float
63,362,000
Market Cap
$1.51 billion
Optionable
Optionable
Beta
0.14
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Key Executives

  • Dr. Peter A. Thompson FACP (Age 64)
    M.D., Co-Founder & Independent Chairman
    Comp: $73k
  • Dr. Kevin Koch Ph.D. (Age 64)
    President, CEO & Director
    Comp: $913.1k
  • Dr. Badreddin Edris Ph.D. (Age 36)
    Co-Founder & Independent Director
    Comp: $40k
  • Dr. Alan J. Russell Ph.D. (Age 54)
    Co-Founder, Chief Scientific Officer & Director
    Comp: $657.52k
  • Dr. Joanne M. Donovan M.D. (Age 67)
    Ph.D., Chief Medical Officer
    Comp: $695.48k
  • Mr. R. Michael Carruthers (Age 66)
    Chief Financial Officer
    Comp: $386.01k
  • Mr. John R. Moore (Age 60)
    General Counsel
  • Dr. Behrad Derakhshan Ph.D. (Age 44)
    Chief Business Officer
    Comp: $575.53k
  • Dr. Marc Semigran M.D. (Age 67)
    Chief Development Officer

EWTX Stock Analysis - Frequently Asked Questions

Should I buy or sell Edgewise Therapeutics stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Edgewise Therapeutics in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EWTX shares.
View EWTX analyst ratings
or view top-rated stocks.

What is Edgewise Therapeutics' stock price target for 2024?

5 equities research analysts have issued 12 month price objectives for Edgewise Therapeutics' stock. Their EWTX share price targets range from $25.00 to $48.00. On average, they expect the company's share price to reach $31.20 in the next twelve months. This suggests a possible upside of 92.9% from the stock's current price.
View analysts price targets for EWTX
or view top-rated stocks among Wall Street analysts.

How have EWTX shares performed in 2024?

Edgewise Therapeutics' stock was trading at $10.94 at the start of the year. Since then, EWTX shares have increased by 47.8% and is now trading at $16.17.
View the best growth stocks for 2024 here
.

Are investors shorting Edgewise Therapeutics?

Edgewise Therapeutics saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,720,000 shares, an increase of 27.7% from the March 15th total of 4,480,000 shares. Based on an average trading volume of 1,010,000 shares, the days-to-cover ratio is currently 5.7 days. Currently, 9.1% of the shares of the stock are sold short.
View Edgewise Therapeutics' Short Interest
.

When is Edgewise Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our EWTX earnings forecast
.

How were Edgewise Therapeutics' earnings last quarter?

Edgewise Therapeutics, Inc. (NASDAQ:EWTX) released its earnings results on Thursday, February, 22nd. The company reported ($0.47) EPS for the quarter, missing analysts' consensus estimates of ($0.44) by $0.03.

What ETFs hold Edgewise Therapeutics' stock?

ETFs with the largest weight of Edgewise Therapeutics (NASDAQ:EWTX) stock in their portfolio include iShares Neuroscience and Healthcare ETF (IBRN) and ALPS Medical Breakthroughs ETF (SBIO).iShares U.S. Pharmaceuticals ETF (IHE).

When did Edgewise Therapeutics IPO?

Edgewise Therapeutics (EWTX) raised $150 million in an initial public offering (IPO) on Friday, March 26th 2021. The company issued 10,000,000 shares at $14.00-$16.00 per share. J.P. Morgan, Goldman Sachs, SVB Leerink and Wedbush PacGrow acted as the underwriters for the IPO.

Who are Edgewise Therapeutics' major shareholders?

Edgewise Therapeutics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.02%). Insiders that own company stock include Alan J Russell, Behrad Derakhshan, Holdings A/S Novo, Joanne M Donovan, John R Moore, Jonathan C Fox, Kevin Koch, Orbimed Advisors Llc, Peter A Thompson and R Michael Carruthers.
View institutional ownership trends
.

How do I buy shares of Edgewise Therapeutics?

Shares of EWTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EWTX) was last updated on 4/28/2024 by MarketBeat.com Staff

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