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S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
NASDAQ:FBIO

Fortress Biotech Stock Forecast, Price & News

$0.87
+0.05 (+6.10%)
(As of 06/29/2022 04:00 PM ET)
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Today's Range
$0.82
$0.88
50-Day Range
$0.80
$1.14
52-Week Range
$0.77
$3.81
Volume
232,006 shs
Average Volume
597,406 shs
Market Capitalization
$93.45 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.00
30 days | 90 days | 365 days | Advanced Chart

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FBIO Stock Forecast (MarketRank)

Overall MarketRank

2.19 out of 5 stars

Medical Sector

393rd out of 1,432 stocks

Pharmaceutical Preparations Industry

166th out of 685 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
Fortress Biotech logo

About Fortress Biotech (NASDAQ:FBIO)

Fortress Biotech, Inc., a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology products. The company markets dermatology products, such as Ximino capsules to treat only inflammatory lesions of non-nodular moderate to severe acne vulgaris; Targadox for severe acne; Exelderm cream for ringworm and jock itch symptoms; Ceracade for dry skin conditions; Luxamend for dressing and managing wounds; and Accutane capsules for severe recalcitrant nodular acne. It also develops late stage product candidates, such as intravenous Tramadol for the treatment of post-operative acute pain; CUTX-101, an injection for the treatment of Menkes disease; MB-107 and MB-207 for the treatment of X-linked severe combined immunodeficiency; Cosibelimab for metastatic cancers; CK-101 for the treatment of patients with EGFR mutation-positive NSCLC; CAEL-101 for the treatment of amyloid light chain amyloidosis; Triplex vaccine for cytomegalovirus; and CEVA101 for the treatment of severe traumatic brain injury in adults and children. The company's early stage product candidates include MB-102 for blastic plasmacytoid dendritic cell neoplasm; MB-101 for glioblastoma; MB-104 for multiple myeloma and light chain amyloidosis; MB-106 for B-cell non-hodgkin lymphoma; MB-103 for GBM & metastatic breast cancer to brain; MB-108; MB-105 for prostate and pancreatic cancers; and BAER-101. Its preclinical product candidates comprise AAV-ATP7A gene therapy; AVTS-001 gene therapy; CK-103 BET inhibitor; CEVA-D and CEVA-102; CK-302, an anti-GITR; CK-303, an anti-CAIX; ConVax; and ONCOlogues, and oligonucleotide platform. It has collaboration arrangements with universities, research institutes, and pharmaceutical companies. The company was formerly known as Coronado Biosciences, Inc. and changed its name to Fortress Biotech, Inc. in April 2015. Fortress Biotech, Inc. was incorporated in 2006 and is based in Bay Harbor Island, New York.

FBIO Stock News Headlines

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Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
Biotechnology
Sector
Medical
Current Symbol
NASDAQ:FBIO
CUSIP
21976U10
Employees
173
Year Founded
N/A

Company Calendar

Last Earnings
5/12/2022
Today
6/30/2022
Next Earnings (Estimated)
8/15/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$11.00
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+1,164.4%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
5 Analysts

Profitability

Net Income
$-64.70 million
Pretax Margin
-231.44%

Debt

Sales & Book Value

Annual Sales
$68.79 million
Book Value
$2.27 per share

Miscellaneous

Free Float
79,163,000
Market Cap
$93.45 million
Optionable
Optionable
Beta
2.29














Fortress Biotech Frequently Asked Questions

Should I buy or sell Fortress Biotech stock right now?

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

What is Fortress Biotech's stock price forecast for 2022?

5 brokers have issued twelve-month price targets for Fortress Biotech's stock. Their FBIO stock forecasts range from $6.00 to $20.00. On average, they expect Fortress Biotech's share price to reach $11.00 in the next year. This suggests a possible upside of 1,164.4% from the stock's current price.
View analysts' price targets for Fortress Biotech
or view top-rated stocks among Wall Street analysts.

How has Fortress Biotech's stock price performed in 2022?

Fortress Biotech's stock was trading at $2.50 at the start of the year. Since then, FBIO shares have decreased by 65.2% and is now trading at $0.87.
View the best growth stocks for 2022 here
.

When is Fortress Biotech's next earnings date?

Fortress Biotech is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our earnings forecast for Fortress Biotech
.

How were Fortress Biotech's earnings last quarter?

Fortress Biotech, Inc. (NASDAQ:FBIO) announced its quarterly earnings results on Thursday, May, 12th. The biopharmaceutical company reported ($0.18) EPS for the quarter, beating analysts' consensus estimates of ($0.28) by $0.10. The biopharmaceutical company earned $23.93 million during the quarter, compared to the consensus estimate of $20.06 million. Fortress Biotech had a negative trailing twelve-month return on equity of 32.56% and a negative net margin of 88.31%. During the same period in the prior year, the firm posted ($0.11) earnings per share.
View Fortress Biotech's earnings history
.

Who are Fortress Biotech's key executives?

Fortress Biotech's management team includes the following people:
  • Dr. Lindsay Allan Rosenwald, Exec. Chairman, Pres & CEO (Age 67, Pay $92.65k)
  • Mr. Michael S. Weiss Esq., Vice Chairman & Exec. Vice Chairman of Strategic Devel. (Age 56, Pay $92.65k)
  • Ms. Robyn M. Hunter, CFO, Treasurer & Corp. Sec. (Age 60, Pay $555.31k)
  • Dr. George C. Avgerinos, Sr. VP of Biologics Operations (Age 68, Pay $524.35k)
  • Dr. Thomas F. Schaible, Project Leader of Inflammatory Bowel Disease

What other stocks do shareholders of Fortress Biotech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fortress Biotech investors own include Sorrento Therapeutics (SRNE), VBI Vaccines (VBIV), Novavax (NVAX), Advanced Micro Devices (AMD), OPKO Health (OPK), TG Therapeutics (TGTX), Vaxart (VXRT), NVIDIA (NVDA), Pfizer (PFE) and Dynavax Technologies (DVAX).

What is Fortress Biotech's stock symbol?

Fortress Biotech trades on the NASDAQ under the ticker symbol "FBIO."

How do I buy shares of Fortress Biotech?

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

What is Fortress Biotech's stock price today?

One share of FBIO stock can currently be purchased for approximately $0.87.

How much money does Fortress Biotech make?

Fortress Biotech (NASDAQ:FBIO) has a market capitalization of $93.45 million and generates $68.79 million in revenue each year. The biopharmaceutical company earns $-64.70 million in net income (profit) each year or ($0.860010) on an earnings per share basis.

How many employees does Fortress Biotech have?

Fortress Biotech employs 173 workers across the globe.

How can I contact Fortress Biotech?

Fortress Biotech's mailing address is 2 GANSEVOORT STREET 9TH FLOOR, NEW YORK NY, 10014. The official website for Fortress Biotech is www.fortressbiotech.com. The biopharmaceutical company can be reached via phone at (781) 652-4500, via email at [email protected], or via fax at 781-652-4545.

This page (NASDAQ:FBIO) was last updated on 6/30/2022 by MarketBeat.com Staff

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