Heron Therapeutics, Inc., a biotechnology company, engages in developing medicines to address unmet medical needs. The company's product candidates utilize its proprietary Biochronomer drug delivery technology, which delivers therapeutic levels of a range of short-acting pharmacological agents over a period from days to weeks with a single administration. It offers SUSTOL (granisetron) extended-release injection for the prevention of acute and delayed chemotherapy-induced nausea and vomiting (CINV) associated with moderately emetogenic chemotherapy, or anthracycline and cyclophosphamide combination chemotherapy regimens. The company is also developing CINVANTI, a neurokinin-1 receptor antagonist aprepitant for the prevention of CINV; and HTX-011, which is in Phase III clinical development for the prevention of post-operative pain. The company was formerly known as A.P. Pharma, Inc. and changed its name to Heron Therapeutics, Inc. in January 2014. Heron Therapeutics, Inc. was founded in 1983 and is headquartered in San Diego, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:HRTX
Previous Symbol
CUSIPN/A
Phone858-251-4400
Debt
Debt-to-Equity RatioN/A
Current Ratio7.18
Quick Ratio6.69
Price-To-Earnings
Trailing P/E Ratio7.14
Forward P/E Ratio-11.14
P/E GrowthN/A
Sales & Book Value
Annual Sales$30.77 million
Price / Sales66.08
Cash Flow$2.9885 per share
Price / Cash Flow8.72
Book Value$2.03 per share
Price / Book12.84
Profitability
EPS (Most Recent Fiscal Year)$3.65
Net Income$-197,480,000.00
Net Margins-326.79%
Return on Equity-72.23%
Return on Assets-54.83%
Miscellaneous
Employees145
Outstanding Shares78,020,000
Market Cap$2.10 billion
OptionableOptionable
Heron Therapeutics (NASDAQ:HRTX) Frequently Asked Questions
What is Heron Therapeutics' stock symbol?
Heron Therapeutics trades on the NASDAQ under the ticker symbol "HRTX."
How were Heron Therapeutics' earnings last quarter?
Heron Therapeutics Inc (NASDAQ:HRTX) announced its earnings results on Wednesday, November, 7th. The biotechnology company reported ($0.49) EPS for the quarter, missing analysts' consensus estimates of ($0.44) by $0.05. The biotechnology company had revenue of $19.79 million for the quarter, compared to the consensus estimate of $19.84 million. Heron Therapeutics had a negative net margin of 326.79% and a negative return on equity of 72.23%. Heron Therapeutics's revenue was up 130.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.77) EPS. View Heron Therapeutics' Earnings History.
When is Heron Therapeutics' next earnings date?
What price target have analysts set for HRTX?
11 brokerages have issued 1 year price objectives for Heron Therapeutics' shares. Their forecasts range from $41.00 to $80.00. On average, they anticipate Heron Therapeutics' share price to reach $53.90 in the next twelve months. This suggests a possible upside of 106.8% from the stock's current price. View Analyst Price Targets for Heron Therapeutics.
What is the consensus analysts' recommendation for Heron Therapeutics?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heron Therapeutics in the last year. There are currently 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Heron Therapeutics.
What are Wall Street analysts saying about Heron Therapeutics stock?
Here are some recent quotes from research analysts about Heron Therapeutics stock:
- 1. According to Zacks Investment Research, "Heron Therapeutics Inc. is a specialty pharmaceutical company. The company is developing products using its proprietary Biochronomer (TM) polymer-based drug delivery platform. Its product portfolio includes APF530, is being developed for the prevention of acute chemotherapy-induced nausea and vomiting. Heron Therapeutics Inc., formerly known as A.P. Pharma, Inc., is based in REDWOOD CITY CA. " (11/13/2018)
- 2. Cantor Fitzgerald analysts commented, ". Post a strong 2Q18, we are transferring coverage of HRTX and reiterating an Overweight rating and 12-month PT of $50. HRTX has successfully advanced HTX-011 towards a filing in the second half of this year, and we believe HTX-011’s uptake and peak sales potential could exceed Street estimates and our own. We expect upward earnings revisions, along with an approval of HTX-011, to drive HRTX shares higher. We expect upside to come from Cinvanti and HTX-011. Additionally, we believe that HRTX’s decision to retain global rights to HTX-011 could make HRTX an attractive addition to a larger company’s portfolio, or provide further upside to HRTX revenue estimates." (8/8/2018)
- 3. Mizuho analysts commented, "We expect HTX-011 to receive broad label and we see potential for a quicker review process by the FDA for a mid-2019 approval. We reiterate our Buy rating and raise our PT to $41." (6/22/2018)
- 4. Cowen Inc analysts commented, "We are still waiting to speak with the company and have thus not yet updated our model and price target, but do not recommend buying on weakness." (3/19/2018)
Has Heron Therapeutics been receiving favorable news coverage?
News coverage about HRTX stock has trended somewhat positive this week, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Heron Therapeutics earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media stories about the biotechnology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.
Who are some of Heron Therapeutics' key competitors?
Some companies that are related to Heron Therapeutics include Sarepta Therapeutics (SRPT), Beigene (BGNE), Bausch Health Companies (BHC), Perrigo (PRGO), Alnylam Pharmaceuticals (ALNY), Ionis Pharmaceuticals (IONS), Nektar Therapeutics (NKTR), Dr.Reddy's Laboratories (RDY), Alkermes (ALKS), Amarin (AMRN), Catalent (CTLT), GALAPAGOS NV/S (GLPG), SAGE Therapeutics (SAGE), Amneal Pharmaceuticals (AMRX) and United Therapeutics (UTHR).
Who are Heron Therapeutics' key executives?
Heron Therapeutics' management team includes the folowing people:
- Dr. Barry D. Quart, CEO & Director (Age 61)
- Mr. Robert H. Rosen, Pres & Director (Age 62)
- Mr. Robert E. Hoffman CPA, CFO & Sr. VP of Fin. (Age 52)
- Ms. Kimberly J. Manhard, Exec. VP of Drug Devel. (Age 58)
- Mr. David L. Szekeres, Sr. VP of Bus. Devel., Gen. Counsel & Corp. Sec. (Age 44)
Who are Heron Therapeutics' major shareholders?
Heron Therapeutics' stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (12.34%), Vanguard Group Inc (7.94%), Vanguard Group Inc. (7.94%), Tang Capital Management LLC (7.63%), Franklin Resources Inc. (7.51%) and Janus Henderson Group PLC (6.98%). Company insiders that own Heron Therapeutics stock include Barry D Quart, Kevin C Tang, Kimberly Manhard, Robert Hoffman and Robert Rosen. View Institutional Ownership Trends for Heron Therapeutics.
Which major investors are selling Heron Therapeutics stock?
HRTX stock was sold by a variety of institutional investors in the last quarter, including Tang Capital Management LLC, FMR LLC, Janus Henderson Group PLC, Renaissance Technologies LLC, Morgan Stanley, Federated Investors Inc. PA, Castleark Management LLC and Franklin Resources Inc.. Company insiders that have sold Heron Therapeutics company stock in the last year include Barry D Quart, Kevin C Tang, Kimberly Manhard, Robert Hoffman and Robert Rosen. View Insider Buying and Selling for Heron Therapeutics.
Which major investors are buying Heron Therapeutics stock?
HRTX stock was purchased by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Vanguard Group Inc, Vanguard Group Inc., Rubric Capital Management LP, Stelliam Investment Management LP, Candriam Luxembourg S.C.A., Kavi Asset Management LP and BlackRock Inc.. View Insider Buying and Selling for Heron Therapeutics.
How do I buy shares of Heron Therapeutics?
Shares of HRTX 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 Heron Therapeutics' stock price today?
One share of HRTX stock can currently be purchased for approximately $26.06.
How big of a company is Heron Therapeutics?
Heron Therapeutics has a market capitalization of $2.10 billion and generates $30.77 million in revenue each year. The biotechnology company earns $-197,480,000.00 in net income (profit) each year or $3.65 on an earnings per share basis. Heron Therapeutics employs 145 workers across the globe.
What is Heron Therapeutics' official website?
How can I contact Heron Therapeutics?
Heron Therapeutics' mailing address is 4242 CAMPUS POINT COURT SUITE 200, SAN DIEGO CA, 92121. The biotechnology company can be reached via phone at 858-251-4400 or via email at [email protected]
MarketBeat Community Rating for Heron Therapeutics (NASDAQ HRTX)
MarketBeat's community ratings are surveys of what our community members think about Heron Therapeutics and other stocks. Vote "Outperform" if you believe HRTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HRTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
