NASDAQ:FTSV - Forty Seven Stock Price, News & Analysis

$6.74
-0.49 (-6.78 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$6.7050
Now: $6.74
$7.25
50-Day Range
$6.27
MA: $8.65
$10.54
52-Week Range
$6.04
Now: $6.74
$23.83
Volume175,895 shs
Average Volume304,859 shs
Market Capitalization$284.56 million
P/E RatioN/A
Dividend YieldN/A
Beta1.86
Forty Seven Inc, a clinical-stage immuno-oncology company, focuses on developing therapies to activate macrophages for the treatment of cancer. It is developing 5F9, a humanized IgG4 subclass monoclonal antibody against CD47 that is in Phase 1b/2 clinical trials used for the treatment of cancer; FSI-189, an antibody that binds to SIRPa; and FSI-174, an anti-cKIT antibody. Read More…

Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:FTSV
CUSIPN/A
CIKN/A
Phone650-352-4150

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$2.17 per share

Profitability

Net Income$-70,370,000.00

Miscellaneous

Employees57
Market Cap$284.56 million
Next Earnings Date11/12/2019 (Estimated)
OptionableNot Optionable

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Forty Seven (NASDAQ:FTSV) Frequently Asked Questions

What is Forty Seven's stock symbol?

Forty Seven trades on the NASDAQ under the ticker symbol "FTSV."

How were Forty Seven's earnings last quarter?

Forty Seven Inc (NASDAQ:FTSV) posted its quarterly earnings data on Tuesday, August, 13th. The company reported ($0.74) EPS for the quarter, missing analysts' consensus estimates of ($0.69) by $0.05. View Forty Seven's Earnings History.

When is Forty Seven's next earnings date?

Forty Seven is scheduled to release their next quarterly earnings announcement on Tuesday, November 12th 2019. View Earnings Estimates for Forty Seven.

What price target have analysts set for FTSV?

7 analysts have issued 12 month price targets for Forty Seven's shares. Their forecasts range from $20.00 to $36.00. On average, they expect Forty Seven's share price to reach $26.8333 in the next year. This suggests a possible upside of 298.1% from the stock's current price. View Analyst Price Targets for Forty Seven.

What is the consensus analysts' recommendation for Forty Seven?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forty Seven in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Forty Seven.

What are Wall Street analysts saying about Forty Seven stock?

Here are some recent quotes from research analysts about Forty Seven stock:
  • 1. According to Zacks Investment Research, "Forty Seven, Inc. is a clinical-stage immuno-oncology company. It focused on developing novel checkpoint therapies to activate macrophages in the fight against cancer. The company's product candidate consists of 5F9, is an IgG4 monoclonal antibody against CD47 which is designed to interfere with recognition of CD47 by the SIRP? receptor on macrophages. Forty Seven, Inc. is based in CA, United States. " (5/14/2019)
  • 2. HC Wainwright analysts commented, "We maintain our Buy rating on FTSV and our 12-month price target of $21.00 per share. We derive our price target based on a risk- based NPV (rNPV) analysis of projected 5F9 revenues through 2030 assuming a 12% discount rate and a 3% terminal growth rate." (3/29/2019)

Has Forty Seven been receiving favorable news coverage?

Media headlines about FTSV stock have trended positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Forty Seven earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Forty Seven.

Are investors shorting Forty Seven?

Forty Seven saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 1,859,500 shares, a drop of 9.0% from the June 30th total of 2,044,000 shares. Based on an average daily trading volume, of 315,400 shares, the short-interest ratio is presently 5.9 days. Approximately 13.8% of the company's shares are sold short. View Forty Seven's Current Options Chain.

Who are some of Forty Seven's key competitors?

What other stocks do shareholders of Forty Seven own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Forty Seven investors own include Amarin (AMRN), Novavax (NVAX), Opko Health (OPK), Selecta Biosciences (SELB), Agile Therapeutics (AGRX), vTv Therapeutics (VTVT), SM Energy (SM), Advanced Micro Devices (AMD), GlycoMimetics (GLYC) and Sangamo Therapeutics (SGMO).

Who are Forty Seven's key executives?

Forty Seven's management team includes the folowing people:
  • Dr. Mark A. McCamish, Pres, CEO & Director (Age 66)
  • Dr. Craig S. Gibbs, Chief Bus. Officer (Age 56)
  • Dr. Chris H. Takimoto M.D., Ph.D., Chief Medical Officer (Age 60)
  • Mr. Mark Chao, Founder & VP of Clinical Devel.
  • Mr. Jens-Peter Volkmer, Founder and VP of Research & Early Devel.

When did Forty Seven IPO?

(FTSV) raised $100 million in an initial public offering (IPO) on Thursday, June 28th 2018. The company issued 6,700,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley and Credit Suisse served as the underwriters for the IPO and Canaccord Genuity, BTIG and Oppenheimer were co-managers.

Who are Forty Seven's major shareholders?

Forty Seven's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.03%), Price T Rowe Associates Inc. MD (2.26%), Citadel Advisors LLC (1.63%), Vanguard Group Inc. (1.59%), JPMorgan Chase & Co. (1.21%) and Bourgeon Capital Management LLC (1.03%). Company insiders that own Forty Seven stock include Chris H Takimoto, Christopher J Schaepe, Irving Weissman, Jeffrey W Bird, Lifesciences Iii LP Clarus, Lightspeed Venture Partners X,, Mark Anthony Mccamish, Peter Nieh, Ravi Mhatre, Ravindra Majeti and Stefan A Dyckerhoff. View Institutional Ownership Trends for Forty Seven.

Which major investors are selling Forty Seven stock?

FTSV stock was sold by a variety of institutional investors in the last quarter, including Bourgeon Capital Management LLC, Candriam Luxembourg S.C.A. and Morgan Stanley. Company insiders that have sold Forty Seven company stock in the last year include Chris H Takimoto, Irving Weissman, Mark Anthony Mccamish and Ravindra Majeti. View Insider Buying and Selling for Forty Seven.

Which major investors are buying Forty Seven stock?

FTSV stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Sofinnova Investments Inc., Bank of America Corp DE, Schroder Investment Management Group, Schroder Investment Management Group, Citadel Advisors LLC and Jacobs Levy Equity Management Inc.. Company insiders that have bought Forty Seven stock in the last two years include Christopher J Schaepe, Jeffrey W Bird, Lifesciences Iii LP Clarus, Lightspeed Venture Partners X,, Peter Nieh, Ravi Mhatre and Stefan A Dyckerhoff. View Insider Buying and Selling for Forty Seven.

How do I buy shares of Forty Seven?

Shares of FTSV 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 Forty Seven's stock price today?

One share of FTSV stock can currently be purchased for approximately $6.74.

How big of a company is Forty Seven?

Forty Seven has a market capitalization of $284.56 million. The company earns $-70,370,000.00 in net income (profit) each year or ($3.75) on an earnings per share basis. Forty Seven employs 57 workers across the globe.View Additional Information About Forty Seven.

What is Forty Seven's official website?

The official website for Forty Seven is http://www.fortyseveninc.com/.

How can I contact Forty Seven?

Forty Seven's mailing address is 1490 O`BRIEN DRIVE SUITE A, MENLO PARK CA, 94025. The company can be reached via phone at 650-352-4150 or via email at [email protected]


MarketBeat Community Rating for Forty Seven (NASDAQ FTSV)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  82 (Vote Underperform)
Total Votes:  162
MarketBeat's community ratings are surveys of what our community members think about Forty Seven and other stocks. Vote "Outperform" if you believe FTSV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTSV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

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