NASDAQ:LOGC LogicBio Therapeutics Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding LogicBio Therapeutics Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.82 +0.11 (+1.64 %) (As of 09/18/2020 01:29 PM ET) Add Compare Share Today's Range$6.82Now: $6.82▼$7.0650-Day Range$5.96MA: $7.26▼$8.7552-Week Range$3.05Now: $6.82▼$11.60Volume1,422 shsAverage Volume68,685 shsMarket Capitalization$161.24 millionP/E RatioN/ADividend YieldN/ABeta1.33 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media LogicBio Therapeutics, Inc., a genome editing company, focuses on developing medicines to treat rare diseases in patients with unmet medical need using GeneRide technology platform. The GeneRide technology is designed to integrate corrective genes into a patient's genome to provide a therapeutic effect. Its lead product candidate is LB-001 for the treatment of Methylmalonic Acidemia, a life-threatening disease that presents at birth. The company has a partnership with Children's Medical Research Institute to develop new viral vectors. LogicBio Therapeutics, Inc. was founded in 2014 and is headquartered in Cambridge, Massachusetts.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingLogicBio Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, LogicBio Therapeutics has a forecasted upside of 193.3% from its current price of $6.82.Amount of Analyst CoverageLogicBio Therapeutics has only been the subject of 1 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesLogicBio Therapeutics has received 72 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLogicBio Therapeutics has received 84 “underperform” votes. (Add your “underperform” vote.)Community SentimentLogicBio Therapeutics has received 53.85% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about LogicBio Therapeutics and other stocks. Vote “Outperform” if you believe LOGC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LOGC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldLogicBio Therapeutics does not currently pay a dividend.Dividend GrowthLogicBio Therapeutics does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LogicBio Therapeutics insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 23.40% of the stock of LogicBio Therapeutics is held by insiders.Percentage Held by Institutions48.65% of the stock of LogicBio Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for LogicBio Therapeutics are expected to grow in the coming year, from ($1.67) to ($1.63) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LogicBio Therapeutics is -3.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of LogicBio Therapeutics is -3.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioLogicBio Therapeutics has a P/B Ratio of 3.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.49 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:LOGC Previous Symbol CUSIPN/A CIKN/A Webwww.logicbio.com Phone617-245-0399Debt Debt-to-Equity Ratio0.34 Current Ratio9.60 Quick Ratio9.60Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$1.84 per share Price / Book3.71Profitability EPS (Most Recent Fiscal Year)($1.78) Net Income$-40,130,000.00 Net MarginsN/A Return on Equity-101.85% Return on Assets-73.23%Miscellaneous Employees23 Outstanding Shares23,642,000Market Cap$161.24 million Next Earnings Date11/10/2020 (Estimated) OptionableNot Optionable $6.82 +0.11 (+1.64 %) (As of 09/18/2020 01:29 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive LOGC News and Ratings via Email Sign-up to receive the latest news and ratings for LOGC and its competitors with MarketBeat's FREE daily newsletter. LogicBio Therapeutics (NASDAQ:LOGC) Frequently Asked Questions How has LogicBio Therapeutics' stock been impacted by COVID-19 (Coronavirus)? LogicBio Therapeutics' stock was trading at $7.04 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LOGC shares have decreased by 3.1% and is now trading at $6.82. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of LogicBio Therapeutics? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LogicBio Therapeutics in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for LogicBio Therapeutics. When is LogicBio Therapeutics' next earnings date? LogicBio Therapeutics is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020. View our earnings forecast for LogicBio Therapeutics. How were LogicBio Therapeutics' earnings last quarter? LogicBio Therapeutics Inc (NASDAQ:LOGC) issued its quarterly earnings data on Monday, August, 10th. The company reported ($0.35) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.48) by $0.13. View LogicBio Therapeutics' earnings history. What price target have analysts set for LOGC? 2 analysts have issued 1 year target prices for LogicBio Therapeutics' stock. Their forecasts range from $20.00 to $20.00. On average, they anticipate LogicBio Therapeutics' stock price to reach $20.00 in the next year. This suggests a possible upside of 193.3% from the stock's current price. View analysts' price targets for LogicBio Therapeutics. Who are some of LogicBio Therapeutics' key competitors? Some companies that are related to LogicBio Therapeutics include Autolus Therapeutics (AUTL), Avrobio (AVRO), Poseida Therapeutics (PSTX), Oyster Point Pharma (OYST), Allovir (ALVR), Aerie Pharmaceuticals (AERI), Scholar Rock (SRRK), Fusion Pharmaceuticals (FUSN), Aptose Biosciences (APTO), Orchard Therapeutics (ORTX), CEL-SCI (CVM), MeiraGTx (MGTX), BIONDVAX PHARMA/S (BVXV), Brainstorm Cell Therapeutics (BCLI) and Freeline Therapeutics (FRLN). View all competitors. What other stocks do shareholders of LogicBio Therapeutics own? Based on aggregate information from My MarketBeat watchlists, some companies that other LogicBio Therapeutics investors own include Editas Medicine (EDIT), Gossamer Bio (GOSS), Kaleido Biosciences (KLDO), Alector (ALEC), Acceleron Pharma (XLRN), Stoke Therapeutics (STOK), Homology Medicines (FIXX), Precision BioSciences (DTIL), II-VI (IIVI) and Sorrento Therapeutics (SRNE). Who are LogicBio Therapeutics' key executives? LogicBio Therapeutics' management team includes the following people: Mr. Frederic Chereau, Pres, CEO & Director (Age 52)Mr. Matthias B. Jaffé, Chief Financial Officer (Age 50)Mr. Tom Wilton, Chief Bus. Officer (Age 45)Dr. Leszek Lisowski Ph.D., Co-FounderDr. Adi Barzel, Co-Founder When did LogicBio Therapeutics IPO? (LOGC) raised $77 million in an initial public offering (IPO) on Friday, October 19th 2018. The company issued 5,800,000 shares at a price of $12.50-$14.00 per share. Jefferies, Barclays and William Blair served as the underwriters for the IPO and Chardan was co-manager. What is LogicBio Therapeutics' stock symbol? LogicBio Therapeutics trades on the NASDAQ under the ticker symbol "LOGC." Who are LogicBio Therapeutics' major shareholders? LogicBio Therapeutics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bridgeway Capital Management Inc. (0.54%), Goldman Sachs Group Inc. (0.17%), Nuveen Asset Management LLC (0.12%), Bank of New York Mellon Corp (0.12%), Charles Schwab Investment Management Inc. (0.11%) and First Trust Advisors LP (0.06%). View institutional ownership trends for LogicBio Therapeutics. Which major investors are buying LogicBio Therapeutics stock? LOGC stock was bought by a variety of institutional investors in the last quarter, including Bridgeway Capital Management Inc., Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., Nuveen Asset Management LLC, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., American International Group Inc., and Bank of America Corp DE. View insider buying and selling activity for LogicBio Therapeutics. How do I buy shares of LogicBio Therapeutics? Shares of LOGC 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, Robinhood, Fidelity, and Charles Schwab. What is LogicBio Therapeutics' stock price today? One share of LOGC stock can currently be purchased for approximately $6.82. How big of a company is LogicBio Therapeutics? LogicBio Therapeutics has a market capitalization of $161.24 million. The company earns $-40,130,000.00 in net income (profit) each year or ($1.78) on an earnings per share basis. LogicBio Therapeutics employs 23 workers across the globe. What is LogicBio Therapeutics' official website? The official website for LogicBio Therapeutics is www.logicbio.com. How can I contact LogicBio Therapeutics? LogicBio Therapeutics' mailing address is 65 HAYDEN AVENUE 2ND FLOOR, LEXINGTON MA, 02421. The company can be reached via phone at 617-245-0399 or via email at [email protected] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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