Fate Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops programmed cellular immunotherapies for cancer and immune disorders worldwide. Its immuno-oncology product candidates include FATE-NK100, a natural killer (NK) cell cancer immunotherapy that consists of adaptive memory NK cells; FT500 induced pluripotent stem cells (iPSC)-derived NK cell product candidate for the treatment of advanced solid tumors; FT516 engineered iPSC-derived NK cell product candidate for the treatment of hematologic/solid tumors; and FT819 engineered chimeric antigen receptor 19 iPSC-derived T-cell product candidate for hematologic/solid tumors. The company's immuno-regulation product candidates comprise ProTmune, an investigational programmed cellular immunotherapy for use as a next-generation allogeneic hematopoietic cell transplantation cell graft; ToleraCyte for the treatment of autoimmune and inflammatory diseases; and FT300 iPSC-derived myeloid derived suppressor cell product candidate for the treatment of autoimmune diseases. Fate Therapeutics, Inc. has a research collaboration and license agreement with Memorial Sloan Kettering Cancer Center to develop off-the-shelf engineered T-cell product candidates; a research collaboration partnership with the University of California San Diego to develop off-the-shelf chimeric antigen receptor-targeted natural killer cell cancer immunotherapies. It also has a strategic research collaboration and license agreement with Juno Therapeutics, Inc. to identify small molecule modulators that enhance the function of T cells. Fate Therapeutics, Inc. was founded in 2007 and is headquartered in San Diego, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:FATE
CUSIPN/A
Phone858-875-1800
Debt
Debt-to-Equity Ratio0.22
Current Ratio7.20
Quick Ratio7.20
Price-To-Earnings
Trailing P/E Ratio-10.85
Forward P/E Ratio-10.55
P/E GrowthN/A
Sales & Book Value
Annual Sales$4.11 million
Price / Sales142.50
Cash FlowN/A
Price / CashN/A
Book Value$1.51 per share
Price / Book7.34
Profitability
EPS (Most Recent Fiscal Year)($1.02)
Net Income$-42,950,000.00
Net Margins-1,143.99%
Return on Equity-77.27%
Return on Assets-54.40%
Miscellaneous
Employees80
Outstanding Shares52,860,000
Market Cap$617.91
Fate Therapeutics (NASDAQ:FATE) Frequently Asked Questions
What is Fate Therapeutics' stock symbol?
Fate Therapeutics trades on the NASDAQ under the ticker symbol "FATE."
How were Fate Therapeutics' earnings last quarter?
Fate Therapeutics Inc (NASDAQ:FATE) issued its earnings results on Thursday, May, 10th. The biopharmaceutical company reported ($0.27) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.22) by $0.05. The biopharmaceutical company had revenue of $1 million for the quarter, compared to analyst estimates of $1.82 million. Fate Therapeutics had a negative return on equity of 77.27% and a negative net margin of 1,143.99%. The business's revenue for the quarter was up .0% compared to the same quarter last year. View Fate Therapeutics' Earnings History.
When is Fate Therapeutics' next earnings date?
What price target have analysts set for FATE?
8 Wall Street analysts have issued twelve-month target prices for Fate Therapeutics' stock. Their forecasts range from $7.00 to $20.00. On average, they expect Fate Therapeutics' share price to reach $16.1667 in the next twelve months. This suggests a possible upside of 45.9% from the stock's current price. View Analyst Ratings for Fate Therapeutics.
What is the consensus analysts' recommendation for Fate Therapeutics?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fate Therapeutics in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Fate Therapeutics stock?
Here are some recent quotes from research analysts about Fate Therapeutics stock:
- 1. According to Zacks Investment Research, "Fate Therapeutics, Inc. is a biopharmaceutical company. The company focused on the discovery and development of adult stem cell modulators to treat hematologic malignancies, lysosomal storage disorders and muscular dystrophies. Fate Therapeutics, Inc. is headquartered in San Diego, California. " (7/17/2018)
- 2. HC Wainwright analysts commented, "Fate Announces Updated Data From Phase 1 of PROTECT; Reiterate Neutral Updated ProTmune data shows continued safety and efficacy. Yesterday, Fate Therapeutics announced additional Phase 1 clinical data from PROTECT. As a reminder, Fate is investigating ProTmune, a next-generation hematopoietic cell graft for the prevention of acute graft-versus-host disease (GvHD) in patients undergoing allogeneic hematopoietic cell transplantation (HCT). Data reported at ASH indicated that all subjects (n=7) remained relapse-free, and there were no events of graft failure or serious adverse events (SAEs) that were deemed related to ProTmune. In the study, three out of seven subjects experienced acute GvHD in the first 100 days. However, all subjects responded to standard-of care steroid treatment, and all three cases of GvHD resolved within 5-8 days." (3/20/2018)
Who are some of Fate Therapeutics' key competitors?
Some companies that are related to Fate Therapeutics include Momenta Pharmaceuticals (MNTA), Acceleron Pharma (XLRN), Repligen (RGEN), Atara Biotherapeutics (ATRA), Editas Medicine (EDIT), Sangamo Therapeutics (SGMO), Solid Biosciences (SLDB), Audentes Therapeutics (BOLD), Acorda Therapeutics (ACOR), Denali Therapeutics (DNLI), Iovance Biotherapeutics (IOVA), Cellectis (CLLS), Adaptimmune Therapeutics (ADAP), DBV Technologies (DBVT) and BAVARIAN NORDIC/S (BVNRY).
Who are Fate Therapeutics' key executives?
Fate Therapeutics' management team includes the folowing people:
- Mr. J. Scott Wolchko, Founder, CEO, Pres, Principal Financial Officer, Principal Accounting Officer & Director (Age 48)
- Dr. Daniel D. Shoemaker, Chief Scientific Officer (Age 50)
- Dr. Chris M. Storgard, Chief Medical Officer (Age 52)
- Ms. Cindy R. Tahl, Gen. Counsel & Corp. Sec. (Age 45)
- Mr. Jim Beitel M.B.A., Sr. VP of Corp. Devel.
Has Fate Therapeutics been receiving favorable news coverage?
Media headlines about FATE stock have been trending somewhat positive on Thursday, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fate Therapeutics earned a news sentiment score of 0.24 on Accern's scale. They also assigned press coverage about the biopharmaceutical company an impact score of 45.15 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Fate Therapeutics' major shareholders?
Fate Therapeutics' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Boston Advisors LLC (0.11%) and Hochman Cole Investment Advisors Inc. (0.02%). Company insiders that own Fate Therapeutics stock include Chris Storgard, Cindy Tahl, Daniel D Shoemaker and William H Rastetter. View Institutional Ownership Trends for Fate Therapeutics.
Which institutional investors are selling Fate Therapeutics stock?
FATE stock was sold by a variety of institutional investors in the last quarter, including Hochman Cole Investment Advisors Inc.. Company insiders that have sold Fate Therapeutics company stock in the last year include Cindy Tahl and Daniel D Shoemaker. View Insider Buying and Selling for Fate Therapeutics.
Which institutional investors are buying Fate Therapeutics stock?
FATE stock was bought by a variety of institutional investors in the last quarter, including Boston Advisors LLC. Company insiders that have bought Fate Therapeutics stock in the last two years include Chris Storgard and William H Rastetter. View Insider Buying and Selling for Fate Therapeutics.
How do I buy shares of Fate Therapeutics?
Shares of FATE 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 Fate Therapeutics' stock price today?
One share of FATE stock can currently be purchased for approximately $11.08.
How big of a company is Fate Therapeutics?
Fate Therapeutics has a market capitalization of $617.91 million and generates $4.11 million in revenue each year. The biopharmaceutical company earns $-42,950,000.00 in net income (profit) each year or ($1.02) on an earnings per share basis. Fate Therapeutics employs 80 workers across the globe.
How can I contact Fate Therapeutics?
Fate Therapeutics' mailing address is 3535 GENERAL ATOMICS COURT SUITE 200, SAN DIEGO CA, 92121. The biopharmaceutical company can be reached via phone at 858-875-1800 or via email at [email protected]
MarketBeat Community Rating for Fate Therapeutics (NASDAQ FATE)
MarketBeat's community ratings are surveys of what our community members think about Fate Therapeutics and other stocks. Vote "Outperform" if you believe FATE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FATE will underperform the S&P 500 over the long term. You may vote once every thirty days.
