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Gritstone Oncology Stock Price, News & Analysis (NASDAQ:GRTS)

$7.85
-0.42 (-5.08 %)
(As of 10/23/2019 08:55 AM ET)
Today's Range
$7.73
Now: $7.85
$8.46
50-Day Range
$7.81
MA: $9.11
$10.64
52-Week Range
$7.71
Now: $7.85
$32.90
Volume108,409 shs
Average Volume111,839 shs
Market Capitalization$280.79 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Gritstone Oncology Inc, an immuno-oncology company, engages in developing tumor-specific cancer immunotherapies to fight various cancer types. Its lead product candidate is GRANITE-001, which is in Phase I/II clinical trial for the treatment of solid tumors, including metastatic non-small cell lung cancer, as well as gastroesophageal, bladder and microsatellite stable, and colorectal cancers. Read More…

Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:GRTS
CUSIPN/A
CIKN/A
Phone510-871-6100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.19 million
Book Value$5.14 per share

Profitability

Net Income$-64,780,000.00
Net Margins-2,038.71%

Miscellaneous

Employees113
Market Cap$280.79 million
Next Earnings Date11/13/2019 (Estimated)
OptionableNot Optionable

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Gritstone Oncology (NASDAQ:GRTS) Frequently Asked Questions

What is Gritstone Oncology's stock symbol?

Gritstone Oncology trades on the NASDAQ under the ticker symbol "GRTS."

How were Gritstone Oncology's earnings last quarter?

Gritstone Oncology Inc (NASDAQ:GRTS) posted its quarterly earnings results on Monday, August, 12th. The company reported ($0.63) EPS for the quarter, missing the consensus estimate of ($0.62) by $0.01. The firm earned $1.15 million during the quarter, compared to analyst estimates of $1.20 million. Gritstone Oncology had a negative net margin of 2,038.71% and a negative return on equity of 83.79%. View Gritstone Oncology's Earnings History.

When is Gritstone Oncology's next earnings date?

Gritstone Oncology is scheduled to release their next quarterly earnings announcement on Wednesday, November 13th 2019. View Earnings Estimates for Gritstone Oncology.

What price target have analysts set for GRTS?

8 analysts have issued 1-year price objectives for Gritstone Oncology's shares. Their forecasts range from $17.00 to $31.00. On average, they expect Gritstone Oncology's stock price to reach $21.33 in the next year. This suggests a possible upside of 171.8% from the stock's current price. View Analyst Price Targets for Gritstone Oncology.

What is the consensus analysts' recommendation for Gritstone Oncology?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gritstone Oncology in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gritstone Oncology.

What are Wall Street analysts saying about Gritstone Oncology stock?

Here are some recent quotes from research analysts about Gritstone Oncology stock:
  • 1. According to Zacks Investment Research, "Gritstone Oncology is developing tumor-specific cancer immunotherapies to fight multiple cancer types. The company has built its tumor-specific immunotherapy approach on two key pillars - first, a proprietary machine learning-based platform, Gritstone EDGE(TM), which provides a powerful ability to predict from a routine tumor biopsy the tumor-specific neoantigens, or TSNA, that are presented on a patient’s tumor cells; and second, the ability to develop and manufacture potent immunotherapies utilizing patients’ TSNA to drive the patient’s immune system to attack and destroy tumors. " (10/15/2019)
  • 2. HC Wainwright analysts commented, "We maintain our Buy rating of GRTS and our 12-month price target of $17.00 per share. We derive our price target based on a risk-adjusted NPV analysis of projected GRANITE-001 and SLATE-001 revenues through 2030, assuming a 12.5% discount rate and 3% terminal growth rate." (4/1/2019)

Has Gritstone Oncology been receiving favorable news coverage?

Media coverage about GRTS stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gritstone Oncology earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Gritstone Oncology.

Are investors shorting Gritstone Oncology?

Gritstone Oncology saw a decrease in short interest in the month of September. As of September 15th, there was short interest totalling 3,000,000 shares, a decrease of 5.1% from the August 15th total of 3,160,000 shares. Based on an average trading volume of 166,900 shares, the short-interest ratio is presently 18.0 days. Approximately 15.4% of the shares of the company are sold short. View Gritstone Oncology's Current Options Chain.

Who are some of Gritstone Oncology's key competitors?

What other stocks do shareholders of Gritstone Oncology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gritstone Oncology investors own include Nektar Therapeutics (NKTR), Alibaba Group (BABA), Clovis Oncology (CLVS), Editas Medicine (EDIT), Global Blood Therapeutics (GBT), Intel (INTC), Momo (MOMO), Micron Technology (MU), Sorrento Therapeutics (SRNE) and Energy Transfer LP Unit (ET).

Who are Gritstone Oncology's key executives?

Gritstone Oncology's management team includes the folowing people:
  • Dr. Andrew R. Allen, Co-Founder, Pres, CEO & Director (Age 52)
  • Dr. Karin Jooss, Exec. VP of Research & Chief Scientific Officer (Age 54)
  • Prof. Raphaël F. Rousseau M.D., Ph.D., Exec. VP & Chief Medical Officer (Age 50)
  • Mr. Jean-Marc Bellemin M.B.A., Exec. VP of Fin. & CFO (Age 47)
  • Dr. Roman Yelensky, Exec. VP & CTO (Age 40)

When did Gritstone Oncology IPO?

(GRTS) raised $85 million in an IPO on Friday, September 28th 2018. The company issued 6,100,000 shares at $13.00-$15.00 per share. Goldman Sachs, Cowen and Barclays acted as the underwriters for the IPO and BTIG was co-manager.

How do I buy shares of Gritstone Oncology?

Shares of GRTS 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, Robinhood, Fidelity and Charles Schwab.

What is Gritstone Oncology's stock price today?

One share of GRTS stock can currently be purchased for approximately $7.85.

How big of a company is Gritstone Oncology?

Gritstone Oncology has a market capitalization of $280.79 million and generates $1.19 million in revenue each year. The company earns $-64,780,000.00 in net income (profit) each year or ($7.26) on an earnings per share basis. Gritstone Oncology employs 113 workers across the globe.View Additional Information About Gritstone Oncology.

What is Gritstone Oncology's official website?

The official website for Gritstone Oncology is http://www.gritstoneoncology.com/.

How can I contact Gritstone Oncology?

Gritstone Oncology's mailing address is 5858 HORTON STREET SUITE 210, EMERYVILLE CA, 94608. The company can be reached via phone at 510-871-6100 or via email at [email protected]


MarketBeat Community Rating for Gritstone Oncology (NASDAQ GRTS)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  74 (Vote Outperform)
Underperform Votes:  69 (Vote Underperform)
Total Votes:  143
MarketBeat's community ratings are surveys of what our community members think about Gritstone Oncology and other stocks. Vote "Outperform" if you believe GRTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GRTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2019 by MarketBeat.com Staff

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