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
SymbolNASDAQ:HRTX
CUSIPN/A
Phone858-251-4400
Debt
Debt-to-Equity RatioN/A
Current Ratio1.94
Quick Ratio1.72
Price-To-Earnings
Trailing P/E Ratio10.68
Forward P/E Ratio-16.60
P/E GrowthN/A
Sales & Book Value
Annual Sales$30.77 million
Price / Sales91.19
Cash Flow$3.0879 per share
Price / Cash12.63
Book Value$2.03 per share
Price / Book19.21
Profitability
EPS (Most Recent Fiscal Year)$3.65
Net Income$-197,480,000.00
Net Margins-515.27%
Return on Equity-239.94%
Return on Assets-117.61%
Miscellaneous
Employees145
Outstanding Shares71,950,000
Market Cap$2,806.09
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) posted its quarterly earnings results on Thursday, May, 10th. The biotechnology company reported ($0.81) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.87) by $0.06. The biotechnology company earned $11.60 million during the quarter, compared to the consensus estimate of $11.10 million. Heron Therapeutics had a negative net margin of 515.27% and a negative return on equity of 239.94%. The business's revenue for the quarter was up 222.2% on a year-over-year basis. View Heron Therapeutics' Earnings History.
What price target have analysts set for HRTX?
11 brokerages have issued twelve-month target prices for Heron Therapeutics' shares. Their forecasts range from $24.00 to $80.00. On average, they anticipate Heron Therapeutics' share price to reach $50.80 in the next year. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Ratings 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."
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. " (7/18/2018)
- 2. 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)
- 3. Cantor Fitzgerald analysts commented, "We expect upward earnings revisions to levels not reflected in FactSet consensus expectations to drive HRTX shares higher. Upside to earnings could be driven by Sustol, Cinvanti, and HTX-011. Section may be found on pages 4 – 5.We use a blend of DCF and multiples (EV/EBITDA) analysis to reach our 12- month price target of $40." (6/21/2018)
- 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)
Who are some of Heron Therapeutics' key competitors?
Some companies that are related to Heron Therapeutics include Alnylam Pharmaceuticals (ALNY), Jazz Pharmaceuticals (JAZZ), Genmab A/S (GNMSF), Perrigo (PRGO), Beigene (BGNE), Sarepta Therapeutics (SRPT), Nektar Therapeutics (NKTR), Valeant Pharmaceuticals (VRX), SAGE Therapeutics (SAGE), Alkermes (ALKS), Catalent (CTLT), Ionis Pharmaceuticals (IONS), GALAPAGOS NV/S (GLPG), United Therapeutics (UTHR) and FibroGen (FGEN).
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)
Has Heron Therapeutics been receiving favorable news coverage?
Media headlines about HRTX stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Heron Therapeutics earned a media sentiment score of 0.24 on Accern's scale. They also assigned media headlines about the biotechnology company an impact score of 46.73 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Heron Therapeutics' major shareholders?
Heron Therapeutics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Private Asset Management Inc. (0.14%), Fisher Asset Management LLC (0.13%), Mesirow Financial Investment Management Inc. (0.03%), Boston Advisors LLC (0.03%) and Amalgamated Bank (0.01%). 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 institutional investors are selling Heron Therapeutics stock?
HRTX stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Mesirow Financial Investment Management Inc. and Boston Advisors LLC. Company insiders that have sold Heron Therapeutics company stock in the last year include Barry D Quart, Kimberly Manhard, Robert Hoffman and Robert Rosen. View Insider Buying and Selling for Heron Therapeutics.
Which institutional investors are buying Heron Therapeutics stock?
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 $39.00.
How big of a company is Heron Therapeutics?
Heron Therapeutics has a market capitalization of $2.81 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.
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.
