NASDAQ:FBIO Fortress Biotech (FBIO) Stock Forecast, Price & News $0.54 -0.01 (-1.82%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$0.53▼$0.5850-Day Range$0.49▼$0.8252-Week Range$0.48▼$1.33Volume564,830 shsAverage Volume936,121 shsMarket Capitalization$72.53 millionP/E RatioN/ADividend YieldN/APrice Target$5.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Fortress Biotech MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside918.5% Upside$5.50 Price TargetShort InterestHealthy0.79% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.81) to ($0.44) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.89 out of 5 starsMedical Sector646th out of 983 stocksPharmaceutical Preparations Industry322nd out of 486 stocks 3.5 Analyst's Opinion Consensus RatingFortress Biotech has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.50, Fortress Biotech has a forecasted upside of 918.5% from its current price of $0.54.Amount of Analyst CoverageFortress Biotech has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.79% of the float of Fortress Biotech has been sold short.Short Interest Ratio / Days to CoverFortress Biotech has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Fortress Biotech has recently increased by 6.76%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldFortress Biotech does not currently pay a dividend.Dividend GrowthFortress Biotech does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FBIO. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Fortress Biotech this week, compared to 2 articles on an average week.Search Interest19 people have searched for FBIO on MarketBeat in the last 30 days. This is an increase of 280% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Fortress Biotech to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Fortress Biotech insiders have not sold or bought any company stock.Percentage Held by Insiders26.30% of the stock of Fortress Biotech is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 27.91% of the stock of Fortress Biotech is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Fortress Biotech are expected to grow in the coming year, from ($0.81) to ($0.44) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Fortress Biotech is -0.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Fortress Biotech is -0.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFortress Biotech has a P/B Ratio of 3.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Fortress Biotech (NASDAQ:FBIO) StockFortress Biotech, Inc. engages in the manufacture and commercialization of novel pharmaceutical products and product candidates. It operates through the Dermatology Product Sales and Pharmaceutical and Biotechnology Product Development segments. Its products include Ximino, Targadox, Exelderm, Ceracade, and Luxamend. The company was founded in 2006 and is headquartered in Bay Harbor Islands, FL.Read More Receive FBIO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fortress Biotech and its competitors with MarketBeat's FREE daily newsletter. Email Address FBIO Stock News HeadlinesJune 1, 2023 | americanbankingnews.comBrokerages Set Fortress Biotech, Inc. (NASDAQ:FBIO) Target Price at $5.50May 25, 2023 | msn.comFortress Biotech's Earnings: A PreviewJune 3, 2023 | Vector Vest (Ad)Free Stock Analysis Report: See The True Value of Any StockGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 22, 2023 | finance.yahoo.comJourney Medical Corporation Reports First Quarter 2023 Financial Results and Recent Corporate HighlightsMay 22, 2023 | americanbankingnews.comFortress Biotech (NASDAQ:FBIO) Now Covered by Analysts at StockNews.comMay 19, 2023 | finance.yahoo.comJourney Medical Corporation to Announce First Quarter 2023 Financial Results on May 22, 2023May 16, 2023 | msn.comCantor Fitzgerald Maintains Fortress Biotech (FBIO) Overweight RecommendationMay 16, 2023 | americanbankingnews.comFortress Biotech (NASDAQ:FBIO) PT Lowered to $5.00June 3, 2023 | Vector Vest (Ad)Free Stock Analysis Report: See The True Value of Any StockGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 15, 2023 | msn.comFortress Biotech Non-GAAP EPS of -$0.06, revenue of $12.43MMay 15, 2023 | finance.yahoo.comFortress Biotech (FBIO) Reports Q1 Loss, Lags Revenue EstimatesMay 11, 2023 | finance.yahoo.comJourney Medical Corporation Announces Postponement of First Quarter Financial Results Release and Conference CallMay 11, 2023 | finance.yahoo.comMustang Bio Announces Upcoming Presentations of Clinical Data from Phase 1/2 Trial of MB-106, a CD20-Targeted Autologous CAR T Cell TherapyMay 7, 2023 | americanbankingnews.comFortress Biotech, Inc. (NASDAQ:FBIO) Receives $5.67 Consensus PT from BrokeragesMay 4, 2023 | finance.yahoo.comEarnings Preview: Fortress Biotech (FBIO) Q1 Earnings Expected to DeclineMay 4, 2023 | finance.yahoo.comJourney Medical Corporation to Announce First Quarter 2023 Financial Results on May 11, 2023April 27, 2023 | finance.yahoo.comAvenue Therapeutics to Present at Aegis Capital Virtual ConferenceApril 24, 2023 | msn.com4D Molecular to acquire rights to Aevitas' drug asset for up to ~$140MApril 18, 2023 | finance.yahoo.comFortress Biotech (NASDAQ:FBIO) investors are sitting on a loss of 81% if they invested five years agoApril 17, 2023 | finance.yahoo.comAvenue Therapeutics Announces Regulatory Update Based on Type C Meeting with FDA and Next Steps in the Development of IV TramadolApril 12, 2023 | americanbankingnews.comFortress Biotech (NASDAQ:FBIO) Upgraded by StockNews.com to HoldApril 12, 2023 | americanbankingnews.comFortress Biotech, Inc. (NASDAQ:FBIO) Receives $5.67 Consensus Price Target from AnalystsApril 9, 2023 | americanbankingnews.comFortress Biotech (NASDAQ:FBIO) Earns "Speculative Buy" Rating from BenchmarkApril 8, 2023 | americanbankingnews.comCantor Fitzgerald Comments on Fortress Biotech, Inc.'s FY2023 Earnings (NASDAQ:FBIO)April 6, 2023 | msn.comBenchmark Reiterates Fortress Biotech (FBIO) Speculative Buy RecommendationApril 5, 2023 | americanbankingnews.comFortress Biotech (NASDAQ:FBIO) Given Buy Rating at Roth CapitalApril 5, 2023 | americanbankingnews.comFortress Biotech's (FBIO) "Overweight" Rating Reiterated at Cantor FitzgeraldSee More Headlines FBIO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FBIO Company Calendar Last Earnings3/30/2023Today6/03/2023Next Earnings (Estimated)8/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Pharmaceutical preparations Sub-IndustryBiotechnology SectorMedical Current SymbolNASDAQ:FBIO CUSIP21976U10 CIK1429260 Webwww.fortressbiotech.com Phone(781) 652-4500Fax781-652-4545Employees173Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.50 High Stock Price Forecast$6.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+918.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.00) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-86,570,000.00 Net Margins-143.74% Pretax Margin-341.08% Return on Equity-115.85% Return on Assets-29.66% Debt Debt-to-Equity Ratio4.62 Current Ratio1.56 Quick Ratio1.46 Sales & Book Value Annual Sales$75.74 million Price / Sales0.96 Cash FlowN/A Price / Cash FlowN/A Book Value$0.15 per share Price / Book3.60Miscellaneous Outstanding Shares134,320,000Free Float98,998,000Market Cap$72.53 million OptionableOptionable Beta2.02 Key ExecutivesLindsay Allan RosenwaldChairman, President & Chief Executive OfficerDavid JinCFO & Head-Corporate DevelopmentGeorge C. AvgerinosSenior Vice President-Biologics OperationsMichael Sean WeissExecutive Vice ChairmanBrian AchenbachVice President-Finance & ControllerKey CompetitorsBolt BiotherapeuticsNASDAQ:BOLTRegulus TherapeuticsNASDAQ:RGLSMolecular TemplatesNASDAQ:MTEMMerrimack PharmaceuticalsNASDAQ:MACKXOMANASDAQ:XOMAView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 16,800 shares on 5/17/2023Ownership: 0.139%Geode Capital Management LLCBought 20,065 shares on 5/16/2023Ownership: 0.536%Two Sigma Securities LLCBought 36,189 shares on 5/15/2023Ownership: 0.028%HighTower Advisors LLCBought 42,200 shares on 5/12/2023Ownership: 0.065%Acadian Asset Management LLCBought 263,672 shares on 5/11/2023Ownership: 0.785%View All Insider TransactionsView All Institutional Transactions FBIO Stock - Frequently Asked Questions Should I buy or sell Fortress Biotech stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortress Biotech in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FBIO shares. View FBIO analyst ratings or view top-rated stocks. What is Fortress Biotech's stock price forecast for 2023? 5 brokers have issued 1-year target prices for Fortress Biotech's stock. Their FBIO share price forecasts range from $5.00 to $6.00. On average, they predict the company's stock price to reach $5.50 in the next year. This suggests a possible upside of 918.5% from the stock's current price. View analysts price targets for FBIO or view top-rated stocks among Wall Street analysts. How have FBIO shares performed in 2023? Fortress Biotech's stock was trading at $0.6550 at the beginning of 2023. Since then, FBIO shares have decreased by 17.6% and is now trading at $0.54. View the best growth stocks for 2023 here. Are investors shorting Fortress Biotech? Fortress Biotech saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 702,900 shares, an increase of 6.8% from the April 30th total of 658,400 shares. Based on an average trading volume of 673,500 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.8% of the shares of the stock are short sold. View Fortress Biotech's Short Interest. When is Fortress Biotech's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our FBIO earnings forecast. How were Fortress Biotech's earnings last quarter? Fortress Biotech, Inc. (NASDAQ:FBIO) released its earnings results on Thursday, March, 30th. The biopharmaceutical company reported ($0.30) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by $0.08. The biopharmaceutical company had revenue of $16.40 million for the quarter, compared to the consensus estimate of $25.20 million. Fortress Biotech had a negative trailing twelve-month return on equity of 115.85% and a negative net margin of 143.74%. 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." Who are Fortress Biotech's major shareholders? Fortress Biotech's stock is owned by a number of retail and institutional investors. Top institutional investors include Perkins Capital Management Inc. (1.09%), Shikiar Asset Management Inc. (0.90%), Acadian Asset Management LLC (0.78%), Geode Capital Management LLC (0.54%), B. Riley Wealth Advisors Inc. (0.14%) and HighTower Advisors LLC (0.07%). Insiders that own company stock include Eric K Rowinsky, Lindsay A Md Rosenwald, Malcolm Hoenlein and Robyn Hunter. View institutional ownership trends. How do I buy shares of Fortress Biotech? Shares of FBIO stock 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 $0.54. How much money does Fortress Biotech make? Fortress Biotech (NASDAQ:FBIO) has a market capitalization of $72.53 million and generates $75.74 million in revenue each year. The biopharmaceutical company earns $-86,570,000.00 in net income (profit) each year or ($1.00) on an earnings per share basis. How many employees does Fortress Biotech have? The company 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 the company is www.fortressbiotech.com. The biopharmaceutical company can be reached via phone at (781) 652-4500, via email at ir@fortressbiotech.com, or via fax at 781-652-4545. This page (NASDAQ:FBIO) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Fortress Biotech, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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