NASDAQ:LOXO - Loxo Oncology Stock Price, Price Target & More

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$179.03 -1.25 (-0.69 %)
(As of 07/16/2018 06:49 AM ET)
Previous Close$180.28
Today's Range$178.53 - $182.98
52-Week Range$69.00 - $208.95
Volume255,067 shs
Average Volume557,827 shs
Market Capitalization$5.38 billion
P/E Ratio-33.72
Dividend YieldN/A
Beta2.45
Loxo Oncology logoLoxo Oncology, Inc., a biopharmaceutical company, develops and sells medicines for patients with genetically defined cancers in the United States. Its lead product candidate comprises larotrectinib, an oral selective inhibitor of tropomyosin receptor kinase (TRK), which is in adult Phase 1 trial, a pediatric Phase 1/2 trial, and an adult/adolescent Phase 2 trial for the treatment of patients with tumor types, such as lung, head and neck, melanoma, colorectal, sarcoma, and breast cancer. The company's preclinical programs include LOXO-195, a drug candidate in preclinical development to address predicted acquired resistance mechanisms; RET inhibitor that optimizes potency for rearranged during transfection (RET) fusion proteins, mutations, and anticipated mechanisms of acquired resistance; and FGFR inhibitor that enables potently inhibiting FGFR isoforms comprising four isoforms with tyrosine kinase domains. It has a drug discovery collaboration agreement with Array BioPharma, Inc. to obtain various rights to TRK inhibitor program and oncology targets; strategic partnership with Illumina, Inc. to develop and commercialize a multi-gene panel for broad tumor profiling; and research collaboration agreement with Veracyte, Inc. to develop medicines for patients with genetically defined cancers. Loxo Oncology, Inc. was founded in 2013 and is headquartered in Stamford, Connecticut.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:LOXO
CUSIPN/A
Phone203-653-3880

Debt

Debt-to-Equity RatioN/A
Current Ratio3.52
Quick Ratio3.52

Price-To-Earnings

Trailing P/E Ratio-33.72
Forward P/E Ratio196.74
P/E GrowthN/A

Sales & Book Value

Annual Sales$21.30 million
Price / Sales252.83
Cash FlowN/A
Price / CashN/A
Book Value$12.63 per share
Price / Book14.17

Profitability

EPS (Most Recent Fiscal Year)($5.31)
Net Income$-148,870,000.00
Net MarginsN/A
Return on Equity-21.73%
Return on Assets-14.55%

Miscellaneous

Employees59
Outstanding Shares30,080,000
Market Cap$5,384.33

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Loxo Oncology (NASDAQ:LOXO) Frequently Asked Questions

What is Loxo Oncology's stock symbol?

Loxo Oncology trades on the NASDAQ under the ticker symbol "LOXO."

How were Loxo Oncology's earnings last quarter?

Loxo Oncology Inc (NASDAQ:LOXO) announced its earnings results on Tuesday, May, 8th. The biopharmaceutical company reported ($0.12) earnings per share for the quarter, topping analysts' consensus estimates of ($0.13) by $0.01. The biopharmaceutical company earned $38.43 million during the quarter, compared to the consensus estimate of $12.72 million. During the same quarter in the prior year, the company earned ($0.96) earnings per share. View Loxo Oncology's Earnings History.

What price target have analysts set for LOXO?

12 analysts have issued 12-month price targets for Loxo Oncology's shares. Their predictions range from $132.00 to $235.00. On average, they expect Loxo Oncology's stock price to reach $189.2222 in the next year. This suggests a possible upside of 5.7% from the stock's current price. View Analyst Ratings for Loxo Oncology.

What is the consensus analysts' recommendation for Loxo Oncology?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loxo Oncology in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Loxo Oncology stock?

Here are some recent quotes from research analysts about Loxo Oncology stock:
  • 1. According to Zacks Investment Research, "Loxo Oncology, Inc. is a biopharmaceutical company. It develops targeted small molecule therapeutics for the treatment of cancer in genetically defined patient populations. Loxo Oncology, Inc. is headquartered in Stamford, Connecticut. " (5/8/2018)
  • 2. Cann analysts commented, "Loxo’s Q4:17 loss per share was $0.69 compared to our estimated loss of $1.18. The lower than estimated loss resulted from collaboration revenue recognition of $21.3 million. This was partially offset by operating expenses being 17.9% higher than estimated. Higher operating expenses arose primarily from higher R&D. As a result, we are increasing our estimated R&D expenses for 2018 and 2019. There were no other remarkable variances in the quarter. The completion of the rolling NDA submission for larotrectinib is expected in March 2018, and the Marketing Authorization Application submission in the EU is expected in 2018. This submission is being led by Bayer." (3/1/2018)

Who are some of Loxo Oncology's key competitors?

Who are Loxo Oncology's key executives?

Loxo Oncology's management team includes the folowing people:
  • Dr. Joshua H. Bilenker, Founder, Pres, CEO & Director (Age 46)
  • Ms. Jennifer Burstein, Sr. VP of Fin. (Age 46)
  • Mr. Jacob S. Van Naarden, Chief Bus. Officer (Age 33)
  • Ms. Sara Slifka, VP of Bus. Operations & Program Management
  • Ms. Jennifer L. Kronick, VP of HR

Has Loxo Oncology been receiving favorable news coverage?

Press coverage about LOXO stock has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Loxo Oncology earned a daily sentiment score of 0.12 on Accern's scale. They also assigned media headlines about the biopharmaceutical company an impact score of 46.06 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Loxo Oncology's major shareholders?

Loxo Oncology's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include ACCESS INDUSTRIES MANAGEMENT, LLC (2.85%). Company insiders that own Loxo Oncology stock include Aisling Capital Iii Lp, Avi Z Naider, David P Bonita, Jennifer Burstein, Joshua H Bilenker, Keith T Flaherty, Lori Anne Kunkel, Naarden Jacob Van, Orbimed Advisors Llc and Timothy M Mayleben. View Institutional Ownership Trends for Loxo Oncology.

How do I buy shares of Loxo Oncology?

Shares of LOXO 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 Loxo Oncology's stock price today?

One share of LOXO stock can currently be purchased for approximately $179.03.

How big of a company is Loxo Oncology?

Loxo Oncology has a market capitalization of $5.38 billion and generates $21.30 million in revenue each year. The biopharmaceutical company earns $-148,870,000.00 in net income (profit) each year or ($5.31) on an earnings per share basis. Loxo Oncology employs 59 workers across the globe.

How can I contact Loxo Oncology?

Loxo Oncology's mailing address is 281 TRESSER BOULEVARD 9TH FLOOR, STAMFORD CT, 06901. The biopharmaceutical company can be reached via phone at 203-653-3880 or via email at [email protected]


MarketBeat Community Rating for Loxo Oncology (NASDAQ LOXO)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  248 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  435
MarketBeat's community ratings are surveys of what our community members think about Loxo Oncology and other stocks. Vote "Outperform" if you believe LOXO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LOXO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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