Novan, Inc, a clinical-stage biotechnology company, focuses on the development and commercialization of nitric oxide-based therapies to treat dermatological and oncovirus-mediated diseases. Its clinical stage product candidates include SB204, a topical monotherapy that is in Phase III pivotal clinical trials for the treatment of acne vulgaris; and SB206, a topical antiviral gel, which is in Phase III pivotal trials for the treatment of patients with external genital warts, and Phase II clinical trial for the treatment of molluscum contagiosum.
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Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone919-485-8080
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.99 million
Profitability
Miscellaneous
Employees47
Next Earnings Date11/4/2019 (Estimated)
OptionableNot Optionable
Novan (NASDAQ:NOVN) Frequently Asked Questions
What is Novan's stock symbol?
Novan trades on the NASDAQ under the ticker symbol "NOVN."
How were Novan's earnings last quarter?
Novan Inc (NASDAQ:NOVN) issued its earnings results on Tuesday, August, 13th. The company reported ($0.69) EPS for the quarter, missing analysts' consensus estimates of ($0.32) by $0.37. Novan had a negative return on equity of 2,067.72% and a negative net margin of 363.12%. View Novan's Earnings History.
When is Novan's next earnings date?
What price target have analysts set for NOVN?
2 brokerages have issued twelve-month target prices for Novan's shares. Their predictions range from $6.00 to $6.00. On average, they anticipate Novan's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 110.5% from the stock's current price. View Analyst Price Targets for Novan.
What is the consensus analysts' recommendation for Novan?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Novan in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Novan.
What are Wall Street analysts saying about Novan stock?
Here are some recent quotes from research analysts about Novan stock:
- 1. According to Zacks Investment Research, "Novan, Inc. is a pharmaceutical company. It engaged in the development and commercialization of therapies using its nitric oxide platform for dermatology. The Company's product candidates primarily include SB204, SB206, SB208 and SB414 which are in pre-clinical trial stage. It develops product through Nitricil technology(TM). Novan, Inc. is based in Durham, United States. " (8/8/2019)
- 2. HC Wainwright analysts commented, "We eagerly anticipate, any day now, data from the Phase 2 dose-ranging study of SB206—topical nitric oxide (NO) gel—for molluscum contagiosum. We see molluscum as a large, underserved pediatric dermatology opportunity, with no FDA approved Rx treatments, and it is currently the key contributor to our Novan valuation. If Phase 2 is positive, with SB206 demonstrating meaningful molluscum lesion clearance rates at 12-weeks and good tolerability, it should be a transformational catalyst for Novan. Note that the only molluscum comparable, Verrica Pharmaceuticals (VRCA; not rated), which has positive open-label molluscum Phase 2 data and Phase 3 expected in 1Q19, has a $350M market cap—dramatically higher than Novan’s current $68M market cap." (11/6/2018)
Has Novan been receiving favorable news coverage?
Press coverage about NOVN stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Novan earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Novan.
Who are some of Novan's key competitors?
Some companies that are related to Novan include Xeris Pharmaceuticals (XERS), OptiNose (OPTN), Kalvista Pharmaceuticals (KALV), Rigel Pharmaceuticals (RIGL), ProQR Therapeutics (PRQR), Recro Pharma (REPH), Zynerba Pharmaceuticals (ZYNE), TapImmune (MRKR), MannKind (MNKD), Stealth BioTherapeutics (MITO), Seres Therapeutics (MCRB), Lexicon Pharmaceuticals (LXRX), Evofem Biosciences (EVFM), ProMetic Life Sciences (PFSCF) and Fulcrum Therapeutics (FULC).
What other stocks do shareholders of Novan own?
Who are Novan's key executives?
Novan's management team includes the folowing people:
- Mr. G. Kelly Martin, CEO & Director (Age 60)
- Ms. Paula Brown Stafford, Pres, COO & Director (Age 54)
- Mr. John M. Gay, VP of Fin., Corp. Controller, Principal Financial Officer and Corp. Sec. (Age 42)
- Dr. Nathan Stasko, Co-Founder & Chief Scientific Officer (Age 39)
- Dr. Carri Geer, Sr. VP & CTO
When did Novan IPO?
(NOVN) raised $46 million in an initial public offering (IPO) on Wednesday, September 21st 2016. The company issued 3,800,000 shares at $11.00-$13.00 per share. Piper Jaffray acted as the underwriter for the IPO and JMP Securities and Wedbush PacGrow were co-managers.
Who are Novan's major shareholders?
Novan's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.75%), Renaissance Technologies LLC (0.77%), BlackRock Inc. (0.37%), Prospera Financial Services Inc (0.23%), RMB Capital Management LLC (0.22%) and Brendel Financial Advisors LLC (0.12%). Company insiders that own Novan stock include G Kelly Martin, John M Gay, John W Palmour, Life Sciences Holdings L Malin, Paula B Stafford and Robert Alexander Ingram. View Institutional Ownership Trends for Novan.
Which institutional investors are selling Novan stock?
Which institutional investors are buying Novan stock?
NOVN stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Renaissance Technologies LLC, BlackRock Inc., Silvercrest Asset Management Group LLC, Brendel Financial Advisors LLC and RMB Capital Management LLC. Company insiders that have bought Novan stock in the last two years include G Kelly Martin, John M Gay, John W Palmour, Paula B Stafford and Robert Alexander Ingram. View Insider Buying and Selling for Novan.
How do I buy shares of Novan?
Shares of NOVN 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 Novan's stock price today?
One share of NOVN stock can currently be purchased for approximately $2.85.
How big of a company is Novan?
Novan has a market capitalization of $74.30 million and generates $5.99 million in revenue each year. The company earns $-12,670,000.00 in net income (profit) each year or ($1.13) on an earnings per share basis. Novan employs 47 workers across the globe.View Additional Information About Novan.
What is Novan's official website?
How can I contact Novan?
Novan's mailing address is 4105 HOPSON ROAD, MORRISVILLE NC, 27560. The company can be reached via phone at 919-485-8080 or via email at [email protected]
MarketBeat Community Rating for Novan (NASDAQ NOVN)
MarketBeat's community ratings are surveys of what our community members think about Novan and other stocks. Vote "Outperform" if you believe NOVN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NOVN will underperform the S&P 500 over the long term. You may vote once every thirty days.
