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About Gemphire Therapeutics (NASDAQ:GEMP)
Gemphire Therapeutics Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing therapies for the treatment of dyslipidemia and non-alcoholic steatohepatitis (NASH). It is developing gemcabene, a novel, once-daily, oral therapy, for high risk cardiovascular patients who are unable to achieve normal levels of LDL-C or triglycerides with currently approved therapies, primarily statin therapy, and for those patients who present with NASH. The company was founded in 2008 and is headquartered in Livonia, Michigan.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:GEMP
CUSIPN/A
Phone734-245-1700
Debt
Debt-to-Equity Ratio0.37
Current Ratio5.57
Quick Ratio5.57
Price-To-Earnings
Trailing P/E Ratio-1.90
Forward P/E Ratio-2.40
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book Value$1.46 per share
Price / Book4.23
Profitability
EPS (Most Recent Fiscal Year)($3.23)
Net Income$-33,410,000.00
Net MarginsN/A
Return on Equity-233.06%
Return on Assets-118.56%
Miscellaneous
Employees18
Outstanding Shares14,230,000
Gemphire Therapeutics (NASDAQ:GEMP) Frequently Asked Questions
What is Gemphire Therapeutics' stock symbol?
Gemphire Therapeutics trades on the NASDAQ under the ticker symbol "GEMP."
How were Gemphire Therapeutics' earnings last quarter?
Gemphire Therapeutics (NASDAQ:GEMP) issued its quarterly earnings data on Tuesday, May, 8th. The company reported ($0.58) EPS for the quarter, beating the consensus estimate of ($0.63) by $0.05. View Gemphire Therapeutics' Earnings History.
When is Gemphire Therapeutics' next earnings date?
What price target have analysts set for GEMP?
6 analysts have issued 1 year target prices for Gemphire Therapeutics' shares. Their predictions range from $18.00 to $31.00. On average, they expect Gemphire Therapeutics' stock price to reach $25.1667 in the next twelve months. View Analyst Ratings for Gemphire Therapeutics.
What are Wall Street analysts saying about Gemphire Therapeutics stock?
Here are some recent quotes from research analysts about Gemphire Therapeutics stock:
- 1. According to Zacks Investment Research, "Gemphire Therapeutics Inc. is a biopharmaceutical company. It focused on developing and commercializing therapies for the treatment of dyslipidemia. The company's product candidate is gemcabene (CI-1027), an oral therapy for patients who are unable to achieve normal levels of LDL-C or triglycerides with currently approved therapies. Gemphire Therapeutics Inc. is headquartered in Northville, Michigan. " (3/21/2018)
- 2. Canaccord Genuity analysts commented, "We believe gemcabene’s 40% hsCRP reduction is very meaningful, especially given that Novartis canikinumab reduced hsCRP and lowered Major Adverse Cardiac Events (MACE). In our view, gemcabene has lowering effects on important biomarkers beyond LDL, including triglycerides and hsCRP, differentiating the drug from competitors. Continue to anticipate positive INDIGO-1 data in 2018 We expect gemcabene to show a statistically significant reduction in triglycerides in the INDIGO-1 study in 2018, providing a major catalyst for shares to move higher. Importantly, many drugs can lower LDL cholesterol, but some have no effect on triglycerides, such as PCSK9 therapies." (10/13/2017)
Who are some of Gemphire Therapeutics' key competitors?
Some companies that are related to Gemphire Therapeutics include Corbus Pharmaceuticals (CRBP), Innovate (INNT), Unum Therapeutics (UMRX), Strongbridge Biopharma (SBBP), Bellicum Pharmaceuticals (BLCM), Paratek Pharmaceuticals (PRTK), Minerva Neurosciences (NERV), Seres Therapeutics (MCRB), Athersys (ATHX), Corvus Pharmaceuticals (CRVS), Arbutus Biopharma (ABUS), Sienna Biopharmaceuticals (SNNA), BioSpecifics Technologies (BSTC), DURECT (DRRX) and Verastem (VSTM).
Who are Gemphire Therapeutics' key executives?
Gemphire Therapeutics' management team includes the folowing people:
- Dr. Charles L. Bisgaier Ph.D., Co-Founder, Chairman and Chief Scientific Officer (Age 64)
- Dr. Steven R. Gullans, Interim Chief Exec. Officer, Interim Pres & Director (Age 65)
- Mr. Jeffrey S. Mathiesen, Chief Financial Officer and Sec. (Age 57)
- Mr. Seth Reno MBA, Chief Commercial Officer (Age 51)
- Dr. Lee Golden M.D., Chief Medical Officer (Age 50)
When did Gemphire Therapeutics IPO?
(GEMP) raised $30 million in an initial public offering (IPO) on Friday, August 5th 2016. The company issued 3,000,000 shares at a price of $10.00 per share. Jefferies and RBC Capital Markets served as the underwriters for the IPO and Canaccord Genuity and Roth Capital Partners were co-managers.
Has Gemphire Therapeutics been receiving favorable news coverage?
News articles about GEMP stock have trended very positive recently, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Gemphire Therapeutics earned a media sentiment score of 0.65 on Accern's scale. They also assigned media coverage about the company an impact score of 46.69 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Gemphire Therapeutics' major shareholders?
Gemphire Therapeutics' stock is owned by many different of institutional and retail investors. Top institutional investors include Exchange Capital Management Inc. (3.77%), Bamco Inc. NY (3.59%), Sphera Funds Management LTD. (3.38%), Highland Capital Management LP (0.76%), DAFNA Capital Management LLC (0.70%) and Northern Trust Corp (0.21%). Company insiders that own Gemphire Therapeutics stock include Andy Sassine, David Lowenschuss, Jeffrey S Mathiesen, Mina Sooch and Steven R PhD Gullans. View Institutional Ownership Trends for Gemphire Therapeutics.
Which institutional investors are buying Gemphire Therapeutics stock?
GEMP stock was bought by a variety of institutional investors in the last quarter, including Exchange Capital Management Inc., Sphera Funds Management LTD., Bamco Inc. NY, Highland Capital Management LP, DAFNA Capital Management LLC, Segall Bryant & Hamill LLC and Northern Trust Corp. Company insiders that have bought Gemphire Therapeutics stock in the last two years include Andy Sassine, David Lowenschuss, Jeffrey S Mathiesen, Mina Sooch and Steven R PhD Gullans. View Insider Buying and Selling for Gemphire Therapeutics.
How do I buy shares of Gemphire Therapeutics?
Shares of GEMP 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 Gemphire Therapeutics' stock price today?
One share of GEMP stock can currently be purchased for approximately $6.18.
How big of a company is Gemphire Therapeutics?
Gemphire Therapeutics has a market capitalization of $86.53 million. The company earns $-33,410,000.00 in net income (profit) each year or ($3.23) on an earnings per share basis. Gemphire Therapeutics employs 18 workers across the globe.
How can I contact Gemphire Therapeutics?
Gemphire Therapeutics' mailing address is 17199 N. LAUREL PARK DRIVE SUITE 401, LIVONIA MI, 48152. The company can be reached via phone at 734-245-1700 or via email at [email protected]
MarketBeat Community Rating for Gemphire Therapeutics (GEMP)
MarketBeat's community ratings are surveys of what our community members think about Gemphire Therapeutics and other stocks. Vote "Outperform" if you believe GEMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GEMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
Gemphire Therapeutics (NASDAQ:GEMP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for Gemphire Therapeutics in the last 12 months. Their average twelve-month price target is $25.1667, suggesting that the stock has a possible upside of 307.23%. The high price target for GEMP is $31.00 and the low price target for GEMP is $18.00. There are currently 6 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 3.00 | 3.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $25.1667 | $25.80 | $25.80 | $24.60 |
| Price Target Upside: | 307.23% upside | 164.89% upside | 164.89% upside | 174.55% upside |
Gemphire Therapeutics (NASDAQ:GEMP) Consensus Price Target History
Gemphire Therapeutics (NASDAQ:GEMP) Analyst Ratings History
Show:
(Data available from 5/25/2016 forward)
Gemphire Therapeutics (NASDAQ:GEMP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Gemphire Therapeutics (NASDAQ GEMP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 34.00%
Institutional Ownership Percentage: 36.20%
Gemphire Therapeutics (NASDAQ GEMP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/8/2018 | Steven R Ph.D. Gullans | Insider | Buy | 71,429 | $7.00 | $500,003.00 | |  |
| 3/10/2017 | Andy Sassine | Director | Buy | 21,119 | $9.47 | $199,996.93 | 136,264 | |
| 8/10/2016 | David Lowenschuss | Insider | Buy | 11,120 | $10.00 | $111,200.00 | 806,247 | |
| 8/10/2016 | Jeffrey S Mathiesen | CFO | Buy | 4,000 | $10.00 | $40,000.00 | 3,927 | |
| 8/10/2016 | Mina Sooch | CEO | Buy | 52,500 | $10.00 | $525,000.00 | 693,732 | |
| 8/10/2016 | Steven R Ph.D. Gullans | Director | Buy | 500,000 | $10.00 | $5,000,000.00 | | |
(Data available from 1/1/2013 forward)
Gemphire Therapeutics (NASDAQ GEMP) News Headlines
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Gemphire Therapeutics (NASDAQ:GEMP) SEC Filings
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Gemphire Therapeutics (NASDAQ:GEMP) Income Statement, Balance Sheet and Cash Flow Statement
Gemphire Therapeutics (NASDAQ GEMP) Stock Chart for Friday, May, 25, 2018
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