Keryx Biopharmaceuticals, Inc., a commercial stage biopharmaceutical company, focuses on providing medicines for patients with kidney disease in the United States. It markets its lead product Auryxia (ferric citrate), an orally available, absorbable, iron-based medicine for the control of serum phosphorus levels in patients with chronic kidney disease (CKD) on dialysis, as well as for the treatment of iron deficiency anemia in adults with CKD not on dialysis. The company has strategic alliances with Japan Tobacco Inc. and Torii Pharmaceutical Co., Ltd. for the development and commercialization of ferric citrate in Japan; and with Panion & BF Biotech, Inc. for the development and marketing of ferric citrate. Keryx Biopharmaceuticals, Inc. was founded in 1997 and is headquartered in Boston, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
SymbolNASDAQ:KERX
CUSIP49251510
Phone617-466-3500
Debt
Debt-to-Equity Ratio-3.16
Current Ratio2.28
Quick Ratio1.40
Price-To-Earnings
Trailing P/E Ratio-3.55
Forward P/E Ratio-5.38
P/E GrowthN/A
Sales & Book Value
Annual Sales$60.64 million
Price / Sales6.20
Cash FlowN/A
Price / CashN/A
Book Value($0.12) per share
Price / Book-26.00
Profitability
EPS (Most Recent Fiscal Year)($0.88)
Net Income$-163,440,000.00
Net Margins-119.91%
Return on EquityN/A
Return on Assets-62.12%
Miscellaneous
Employees210
Outstanding Shares120,460,000
Market Cap$395.11 million
Keryx Biopharmaceuticals (NASDAQ:KERX) Frequently Asked Questions
What is Keryx Biopharmaceuticals' stock symbol?
Keryx Biopharmaceuticals trades on the NASDAQ under the ticker symbol "KERX."
How were Keryx Biopharmaceuticals' earnings last quarter?
Keryx Biopharmaceuticals (NASDAQ:KERX) released its quarterly earnings data on Wednesday, August, 8th. The biopharmaceutical company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by $0.02. View Keryx Biopharmaceuticals' Earnings History.
When is Keryx Biopharmaceuticals' next earnings date?
What price target have analysts set for KERX?
5 brokers have issued 1 year target prices for Keryx Biopharmaceuticals' shares. Their forecasts range from $4.00 to $9.00. On average, they anticipate Keryx Biopharmaceuticals' stock price to reach $6.60 in the next year. This suggests a possible upside of 111.5% from the stock's current price. View Analyst Price Targets for Keryx Biopharmaceuticals.
What is the consensus analysts' recommendation for Keryx Biopharmaceuticals?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keryx Biopharmaceuticals in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Keryx Biopharmaceuticals.
What are Wall Street analysts saying about Keryx Biopharmaceuticals stock?
Here are some recent quotes from research analysts about Keryx Biopharmaceuticals stock:
- 1. According to Zacks Investment Research, "Keryx reported narrower than expected loss while sales beat estimates in the first quarter of 2018. Auryxia being the only approved product in Keryx’s portfolio, the company is completely dependent on it for growth. Meanwhile, Auryxia faces stiff competition in the United States from existing players, apart from over-the-counter drugs like some calcium carbonate and metal-based products. However, the launch of Auryxia for the second indication - iron deficiency anemia (IDA) in chronic kidney disease patients is boosting sales of the company, given that the IDA market holds great potential. Shares of the company have underperformed the industry so far this quarter. Loss estimates have widened ahead of the Q2 earnings." (8/2/2018)
- 2. Maxim Group analysts commented, "Therapeutics announced a definitive merger agreement under which the companies will combine in an all-stock merger. The combined company will be called the current CEO of Akebia, John P. Butler, will be President and CEO. We note that Keryx will appoint the Chairperson of the Board of the combined company. The deal is expected to close by YE18. Shares of both companies are down ~23-26% on the news. We are downgrading KERX shares to Hold, from Buy." (6/28/2018)
Who are some of Keryx Biopharmaceuticals' key competitors?
Some companies that are related to Keryx Biopharmaceuticals include Allakos (ALLK), Theravance Biopharma (TBPH), Corcept Therapeutics (CORT), ARMO Biosciences (ARMO), Amneal Pharmaceuticals (AMRX), Arrowhead Pharmaceuticals (ARWR), TESARO (TSRO), Myovant Sciences (MYOV), IMMURON Ltd/S (IMRN), Innoviva (INVA), Impax Laboratories (IPXL), Deciphera Pharmaceuticals (DCPH), ImmunoGen (IMGN), Alder Biopharmaceuticals (ALDR) and Uniqure (QURE).
Who are Keryx Biopharmaceuticals' key executives?
Keryx Biopharmaceuticals' management team includes the folowing people:
- Ms. Jodie Pope Morrison, Interim CEO & Director (Age 43)
- Mr. Scott A. Holmes, CFO, Sr. VP & Treasurer (Age 44)
- Ms. Christine A. Carberry, Sr. VP & COO (Age 57)
- Dr. John F. Neylan, Sr. VP & Chief Medical Officer (Age 65)
- Mr. Tony Chambers, VP of Sales
Has Keryx Biopharmaceuticals been receiving favorable news coverage?
Headlines about KERX stock have trended somewhat positive this week, according to Accern. The research group identifies negative and positive press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Keryx Biopharmaceuticals earned a coverage optimism score of 0.00 on Accern's scale. They also assigned headlines about the biopharmaceutical company an impact score of 45.96 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Keryx Biopharmaceuticals.
Who are Keryx Biopharmaceuticals' major shareholders?
Keryx Biopharmaceuticals' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Abrams Capital Management L.P. (8.26%), BlackRock Inc. (5.49%), Rice Hall James & Associates LLC (1.89%), Bank of New York Mellon Corp (0.88%), Millennium Management LLC (0.60%) and Boston Partners (0.24%). Company insiders that own Keryx Biopharmaceuticals stock include Brian Adams, Christine A Carberry, Greg Madison, John F Neylan, Kevin J Cameron, Scott A Holmes and Steven C Gilman. View Institutional Ownership Trends for Keryx Biopharmaceuticals.
Which institutional investors are selling Keryx Biopharmaceuticals stock?
KERX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC and Janney Montgomery Scott LLC. Company insiders that have sold Keryx Biopharmaceuticals company stock in the last year include Brian Adams, Christine A Carberry, Greg Madison, John F Neylan, Kevin J Cameron, Scott A Holmes and Steven C Gilman. View Insider Buying and Selling for Keryx Biopharmaceuticals.
Which institutional investors are buying Keryx Biopharmaceuticals stock?
KERX stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Rice Hall James & Associates LLC, Abrams Capital Management L.P., Bank of America Corp DE, SG Americas Securities LLC, Bank of New York Mellon Corp, Boston Partners and Shufro Rose & Co. LLC. View Insider Buying and Selling for Keryx Biopharmaceuticals.
How do I buy shares of Keryx Biopharmaceuticals?
Shares of KERX 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 Keryx Biopharmaceuticals' stock price today?
One share of KERX stock can currently be purchased for approximately $3.12.
How big of a company is Keryx Biopharmaceuticals?
Keryx Biopharmaceuticals has a market capitalization of $395.11 million and generates $60.64 million in revenue each year. The biopharmaceutical company earns $-163,440,000.00 in net income (profit) each year or ($0.88) on an earnings per share basis. Keryx Biopharmaceuticals employs 210 workers across the globe.
How can I contact Keryx Biopharmaceuticals?
Keryx Biopharmaceuticals' mailing address is ONE MARINA PARK DRIVE, BOSTON MA, 02210. The biopharmaceutical company can be reached via phone at 617-466-3500 or via email at [email protected]
MarketBeat Community Rating for Keryx Biopharmaceuticals (NASDAQ KERX)
MarketBeat's community ratings are surveys of what our community members think about Keryx Biopharmaceuticals and other stocks. Vote "Outperform" if you believe KERX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KERX will underperform the S&P 500 over the long term. You may vote once every thirty days.
