NASDAQ:FOLD - Amicus Therapeutics Stock Price, News, & Analysis

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$11.75 +0.50 (+4.44 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$11.25
Today's Range$11.14 - $11.77
52-Week Range$8.27 - $17.62
Volume2.61 million shs
Average Volume2.96 million shs
Market Capitalization$2.22 billion
P/E Ratio-4.02
Dividend YieldN/A
Beta1.77
Amicus Therapeutics, Inc., a biotechnology company, engages in the discovery, development, and commercialization of medicines for various rare and orphan diseases. The company offers migalastat HCl, an orally administered small molecule pharmacological chaperone for the treatment of Fabry disease. It is also conducting a Phase 1/2 clinical study of ATB200-02 to investigate in patients with pompe disease. The company has a strategic alliance with GlaxoSmithKline plc to develop and commercialize migalastat as a monotherapy and in combination with ERT for Fabry disease, as well as a research and development collaboration with the University of Pennsylvania to develop AAV gene therapies. Amicus Therapeutics, Inc. was founded in 2002 and is headquartered in Cranbury, New Jersey.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:FOLD
CUSIP03152W10
Phone609-662-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$36.93 million
Book Value$2.12 per share

Profitability

Net Income$-284,000,000.00
Net Margins-463.82%

Miscellaneous

Employees325
Market Cap$2.22 billion
Next Earnings Date2/28/2019 (Confirmed)
OptionableOptionable

Amicus Therapeutics (NASDAQ:FOLD) Frequently Asked Questions

What is Amicus Therapeutics' stock symbol?

Amicus Therapeutics trades on the NASDAQ under the ticker symbol "FOLD."

How were Amicus Therapeutics' earnings last quarter?

Amicus Therapeutics, Inc. (NASDAQ:FOLD) announced its quarterly earnings data on Tuesday, August, 7th. The biopharmaceutical company reported ($0.33) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.33) by $0.00. The biopharmaceutical company had revenue of $21.31 million for the quarter, compared to analysts' expectations of $18.92 million. Amicus Therapeutics had a negative return on equity of 52.03% and a negative net margin of 463.82%. View Amicus Therapeutics' Earnings History.

When is Amicus Therapeutics' next earnings date?

Amicus Therapeutics is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Amicus Therapeutics.

What guidance has Amicus Therapeutics issued on next quarter's earnings?

Amicus Therapeutics updated its FY 2019 earnings guidance on Monday, January, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $160-180 million, compared to the consensus revenue estimate of $173.18 million.

What price target have analysts set for FOLD?

5 Wall Street analysts have issued 1 year price targets for Amicus Therapeutics' shares. Their forecasts range from $12.59 to $31.00. On average, they anticipate Amicus Therapeutics' stock price to reach $19.3180 in the next twelve months. This suggests a possible upside of 64.4% from the stock's current price. View Analyst Price Targets for Amicus Therapeutics.

What is the consensus analysts' recommendation for Amicus Therapeutics?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amicus Therapeutics 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 Amicus Therapeutics.

What are Wall Street analysts saying about Amicus Therapeutics stock?

Here are some recent quotes from research analysts about Amicus Therapeutics stock:
  • 1. Cantor Fitzgerald analysts commented, ": We reiterate our Overweight rating and $20 12-month PT on Amicus following initial presentations and conversations at WORLDSymposium, which we are attending. Amicus has a large presence at the conference, with the largest booth. We believe this conference will serve as an important platform, given it is one of the first major conferences following Galafold’s U.S. approval. While additional clinical data are an important part of the study, our focus remains on the patient and physician perspectives post-launch." (2/5/2019)
  • 2. According to Zacks Investment Research, "2018 was great for Amicus as it received U.S. approval forits only marketed drug Galafold, expanded its pipeline to include 14 new gene therapy programs for rare metabolic diseases and also presented a positive 18-month data for its differentiated Pompe pipeline product. Amicus estimates peak sales opportunity for Galafold to be more than $500 million. The company also expects to almost double the revenues for Galafold in 2019. However, it depends heavily on Galafold sales, which remains a concern. Shares of the company have underperformed the industry in the past year. Loss estimates have remained stable ahead of the Q4 earnings release and the company came up with average negative surprise for the trailing four reported quarters." (2/4/2019)

Has Amicus Therapeutics been receiving favorable news coverage?

Media headlines about FOLD stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Amicus Therapeutics earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned news headlines about the biopharmaceutical company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.

Are investors shorting Amicus Therapeutics?

Amicus Therapeutics saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 22,063,910 shares, a decrease of 23.0% from the January 15th total of 28,648,935 shares. Based on an average daily volume of 2,934,535 shares, the days-to-cover ratio is presently 7.5 days. Currently, 12.0% of the shares of the company are sold short. View Amicus Therapeutics' Current Options Chain.

Who are some of Amicus Therapeutics' key competitors?

What other stocks do shareholders of Amicus Therapeutics own?

Who are Amicus Therapeutics' key executives?

Amicus Therapeutics' management team includes the folowing people:
  • Mr. John F. Crowley, Chairman & CEO (Age 52)
  • Mr. Bradley L. Campbell, Pres, COO & Director (Age 43)
  • Ms. Ellen S. Rosenberg, Chief Legal Officer & Corp. Sec. (Age 56)
  • Dr. Jay A. Barth, Chief Medical Officer (Age 55)
  • Ms. Daphne E. Quimi, Chief Financial Officer (Age 53)

Who are Amicus Therapeutics' major shareholders?

Amicus Therapeutics' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Perceptive Advisors LLC (10.95%), BlackRock Inc. (8.73%), venBio Select Advisor LLC (5.35%), Jennison Associates LLC (5.19%), Sectoral Asset Management Inc (2.66%) and Victory Capital Management Inc. (1.66%). Company insiders that own Amicus Therapeutics stock include Bradley L Campbell, Daphne Quimi, Donald J Hayden Jr, Hung Do, Jay Barth, John F Crowley, Kurt J Andrews, Life Sciences Maste Perceptive, Margaret G Mcglynn, Michael Raab, Perceptive Advisors Llc and William D Baird III. View Institutional Ownership Trends for Amicus Therapeutics.

Which major investors are selling Amicus Therapeutics stock?

FOLD stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Orbimed Advisors LLC, Victory Capital Management Inc., Bank of America Corp DE, Asymmetry Capital Management L.P., Jennison Associates LLC, Principal Financial Group Inc. and Squarepoint Ops LLC. Company insiders that have sold Amicus Therapeutics company stock in the last year include Bradley L Campbell, Daphne Quimi, Hung Do, Jay Barth, John F Crowley, Kurt J Andrews, Margaret G Mcglynn, Michael Raab and William D Baird III. View Insider Buying and Selling for Amicus Therapeutics.

Which major investors are buying Amicus Therapeutics stock?

FOLD stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, venBio Select Advisor LLC, Assenagon Asset Management S.A., Sphera Funds Management LTD., Delek Group Ltd., Millennium Management LLC, Sofinnova Investments Inc. and Geode Capital Management LLC. Company insiders that have bought Amicus Therapeutics stock in the last two years include John F Crowley, Life Sciences Maste Perceptive and Perceptive Advisors Llc. View Insider Buying and Selling for Amicus Therapeutics.

How do I buy shares of Amicus Therapeutics?

Shares of FOLD 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 Amicus Therapeutics' stock price today?

One share of FOLD stock can currently be purchased for approximately $11.75.

How big of a company is Amicus Therapeutics?

Amicus Therapeutics has a market capitalization of $2.22 billion and generates $36.93 million in revenue each year. The biopharmaceutical company earns $-284,000,000.00 in net income (profit) each year or ($2.92) on an earnings per share basis. Amicus Therapeutics employs 325 workers across the globe.

What is Amicus Therapeutics' official website?

The official website for Amicus Therapeutics is http://www.amicusrx.com.

How can I contact Amicus Therapeutics?

Amicus Therapeutics' mailing address is 1 Cedar Brook Drive, Cranbury NJ, 08512. The biopharmaceutical company can be reached via phone at 609-662-2000 or via email at [email protected]


MarketBeat Community Rating for Amicus Therapeutics (NASDAQ FOLD)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  385 (Vote Outperform)
Underperform Votes:  243 (Vote Underperform)
Total Votes:  628
MarketBeat's community ratings are surveys of what our community members think about Amicus Therapeutics and other stocks. Vote "Outperform" if you believe FOLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FOLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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