Keryx Biopharmaceuticals Company Profile (NASDAQ:KERX)

Keryx Biopharmaceuticals trades on the NASDAQ under the ticker symbol "KERX."

Keryx Biopharmaceuticals, Inc. (NASDAQ:KERX) announced its quarterly earnings results on Thursday, May, 4th. The company reported ($0.21) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.18) by $0.03. The business earned $11.82 million during the quarter, compared to analysts' expectations of $10.19 million. Keryx Biopharmaceuticals had a negative net margin of 387.12% and a negative return on equity of 1,122.28%. Keryx Biopharmaceuticals's revenue for the quarter was up 73.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.39) EPS. View Keryx Biopharmaceuticals' Earnings History.

9 analysts have issued 12-month price targets for Keryx Biopharmaceuticals' stock. Their predictions range from $7.00 to $10.00. On average, they expect Keryx Biopharmaceuticals' share price to reach $8.60 in the next twelve months. View Analyst Ratings for Keryx Biopharmaceuticals.

Here are some recent quotes from research analysts about Keryx Biopharmaceuticals stock:

• 1. Maxim Group analysts commented, "Summary Conclusion: We see little to no effect from this news on the commercial outlook for Auryxia." (7/20/2017)
• 2. According to Zacks Investment Research, "Keryx intends to focus on the growth of Auryxia in the U.S. dialysis market. Meanwhile, the company’s label expansion efforts on Auryxia in the iron-deficiency anemia (IDA) indication seem to be encouraging, given that the IDA market holds great potential. The FDA accepted for review the supplemental New Drug Application (sNDA) for Auryxia tablets for the same indication and has set the Prescription Drug User Fee Act (PDUFA) target action date as Nov 6, 2017.  A potential approval should boost sales.. Moreover, shares of the company have outperformed the Medical-Biomed/Genetic Market  in year to date. However, considering that the company is heavily dependent on Auryxia for growth, any further interruption in the supply of Auryxia will hamper its growth trajectory, going forward." (7/17/2017)
• 3. JMP Securities analysts commented, "Hogan Reward"The expert cited Keryx Biopharmaceuticals (NASDAQ: KERX)'s sulodexide as an example of a development-stage asset that failed such a confirmation in another kidney disease called diabetic nephropathy.The DUET study has rolled over onto the open-label portion, although the active control irbesartan will not be carried forward, thus it may be difficult to detect a treatment benefit."We believe that we will need to wait until year end to determine if the company can convince the FDA that an accelerated approval pathway can meet the agency's needs," analyst Liisa Bayko wrote in a note."Our sensitivity analysis shows that the stock currently reflects the sentiment that accelerated approval is unlikely," (9/8/2016)

Some companies that are related to Keryx Biopharmaceuticals include Array BioPharma (ARRY), Dermira (DERM), Acceleron Pharma (XLRN), Amarin Corporation PLC (AMRN), Xencor (XNCR), Clinigen Group PLC (CLIN), Insmed (INSM), Forward Pharma A/S (FWP), Omeros Corporation (OMER), Acorda Therapeutics (ACOR), Aduro Biotech (ADRO), Synergy Pharmaceuticals (SGYP), Ascendis Pharma A/S (ASND), Achaogen (AKAO), PTC Therapeutics (PTCT), NeuroDerm (NDRM), ZIOPHARM Oncology (ZIOP) and Insys Therapeutics (INSY).

Keryx Biopharmaceuticals' management team includes the folowing people:

• Gregory Paul Madison, Chief Executive Officer, Director
• Scott A. Holmes, Chief Financial Officer, Treasurer
• Christine A. Carberry, Chief Operating Officer
• Douglas M. Jermasek, Vice President of Marketing and Strategy
• Brian R. Adams, General Counsel, Secretary
• Lora Pike, Senior Director
• John F. Neylan, Chief Medical Officer
• John P. Butler, Independent Director
• Kevin J. Cameron, Independent Director
• Steven C. Gilman Ph.D., Independent Director

Keryx Biopharmaceuticals' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.06%), Baldwin Brothers Inc. MA (0.04%), Creative Planning (0.03%) and Deltec Asset Management LLC (0.02%). Company insiders that own Keryx Biopharmaceuticals stock include Brian Adams, Greg Madison, John F Neylan and Scott A Holmes. View Institutional Ownership Trends for Keryx Biopharmaceuticals.

Shares of Keryx Biopharmaceuticals can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Keryx Biopharmaceuticals stock can currently be purchased for approximately $7.29.