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-3.96
Current Ratio2.66
Quick Ratio1.87
Price-To-Earnings
Trailing P/E Ratio-5.10
Forward P/E Ratio-8.16
P/E GrowthN/A
Sales & Book Value
Annual Sales$60.64 million
Price / Sales8.92
Cash FlowN/A
Price / CashN/A
Book Value($0.12) per share
Price / Book-37.42
Profitability
EPS (Most Recent Fiscal Year)($0.88)
Net Income$-163,440,000.00
Net Margins-230.00%
Return on EquityN/A
Return on Assets-60.47%
Miscellaneous
Employees210
Outstanding Shares120,530,000
Market Cap$538.75
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 results on Friday, May, 11th. The biopharmaceutical company reported ($0.18) earnings per share for the quarter, meeting the consensus estimate of ($0.18). The biopharmaceutical company had revenue of $21.75 million for the quarter, compared to the consensus estimate of $21.80 million. View Keryx Biopharmaceuticals' Earnings History.
When is Keryx Biopharmaceuticals' next earnings date?
What price target have analysts set for KERX?
5 Wall Street analysts have issued 1 year price objectives for Keryx Biopharmaceuticals' shares. Their predictions range from $5.00 to $9.00. On average, they expect Keryx Biopharmaceuticals' share price to reach $7.25 in the next twelve months. This suggests a possible upside of 61.5% from the stock's current price. View Analyst Ratings 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."
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. The launch of Auryxia for the second indication - iron deficiency anemia (IDA) in chronic kidney disease patientsis boosting sales of the company, given that the IDA market holds great potential. Shares of the company have outperformed the industry so far this quarter. However, with 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." (7/10/2018)
- 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 Akorn (AKRX), Zogenix (ZGNX), Myokardia (MYOK), Puma Biotechnology (PBYI), Prestige Brands (PBH), Insmed (INSM), Phibro Animal Health (PAHC), Cambrex (CBM), Mallinckrodt (MNK), AnaptysBio (ANAB), Aimmune Therapeutics (AIMT), PTC Therapeutics (PTCT), IMMURON Ltd/S (IMRN), Corcept Therapeutics (CORT) and G1 Therapeutics (GTHX).
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?
News headlines about KERX stock have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Keryx Biopharmaceuticals earned a media sentiment score of 0.24 on Accern's scale. They also assigned news stories about the biopharmaceutical company an impact score of 47.11 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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 $4.49.
How big of a company is Keryx Biopharmaceuticals?
Keryx Biopharmaceuticals has a market capitalization of $538.75 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.
