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About Novan (NASDAQ:NOVN)
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. The company's clinical stage product candidates comprise SB208, a topical antifungal gel that is in Phase II proof-of-concept trial for the treatment of athlete's foot and fungal nail infections; and SB414, a topical cream, which is in Phase Ib trial for the treatment of inflammatory skin diseases, such as psoriasis and atopic dermatitis. It has a license agreement with Sato Pharmaceutical Co., Ltd. Novan, Inc. was founded in 2006 and is headquartered in Morrisville, North Carolina.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:NOVN
CUSIPN/A
Phone919-485-8080
Debt
Debt-to-Equity RatioN/A
Current Ratio3.94
Quick Ratio3.94
Price-To-Earnings
Trailing P/E Ratio-1.31
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.14 million
Price / Sales36.75
Cash FlowN/A
Price / CashN/A
Book Value$0.44 per share
Price / Book6.86
Profitability
EPS (Most Recent Fiscal Year)($2.32)
Net Income$-37,120,000.00
Net Margins-1,142.38%
Return on Equity-471.14%
Return on Assets-91.75%
Miscellaneous
Employees59
Outstanding Shares26,040,000
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 (NASDAQ:NOVN) announced its earnings results on Tuesday, March, 27th. The company reported ($0.51) EPS for the quarter. The firm earned $0.62 million during the quarter. Novan had a negative return on equity of 471.14% and a negative net margin of 1,142.38%. View Novan's Earnings History.
When is Novan's next earnings date?
What price target have analysts set for NOVN?
3 brokerages have issued twelve-month price targets for Novan's stock. Their predictions range from $6.00 to $14.00. On average, they expect Novan's stock price to reach $10.00 in the next twelve months. View Analyst Ratings for Novan.
Who are some of Novan's key competitors?
Some companies that are related to Novan include Corvus Pharmaceuticals (CRVS), DURECT (DRRX), BioSpecifics Technologies (BSTC), Sienna Biopharmaceuticals (SNNA), Corium International (CORI), Seres Therapeutics (MCRB), Biofrontera (BFRA), Minerva Neurosciences (NERV), Verastem (VSTM), Aquinox Pharmaceuticals (AQXP), Kadmon (KDMN), Cue Biopharma (CUE), Tyme Technologies (TYME), Celyad (CYAD) and CTI BioPharma (CTIC).
Who are Novan's key executives?
Novan's management team includes the folowing people:
- Mr. Robert Alexander Ingram, Exec. Chairman (Age 76)
- Mr. G. Kelly Martin, CEO & Director (Age 59)
- Dr. Nathan Stasko Ph.D., Co-Founder, Pres, Chief Scientific Officer & Director (Age 38)
- Mr. Jeff N. Hunter, CFO, Chief Bus. Officer, Exec. VP & Company Sec. (Age 61)
- Mr. Andrew Novak, VP & Chief Accounting Officer
When did Novan IPO?
(NOVN) raised $46 million in an IPO on Wednesday, September 21st 2016. The company issued 3,800,000 shares at a price of $11.00-$13.00 per share. Piper Jaffray acted as the underwriter for the IPO and JMP Securities and Wedbush PacGrow were co-managers.
Has Novan been receiving favorable news coverage?
News headlines about NOVN stock have been trending somewhat positive this week, Accern reports. The research firm scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Novan earned a news impact score of 0.23 on Accern's scale. They also gave news coverage about the company an impact score of 47.19 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Novan's major shareholders?
Novan's stock is owned by a number of of retail and institutional investors. Top institutional investors include Sabby Management LLC (2.09%) and CVI Holdings LLC (1.77%). Company insiders that own Novan stock include John W Palmour, Life Sciences Holdings L Malin and Robert Alexander Ingram. View Institutional Ownership Trends for Novan.
Which major investors are buying Novan stock?
NOVN stock was acquired by a variety of institutional investors in the last quarter, including Sabby Management LLC and CVI Holdings LLC. Company insiders that have bought Novan stock in the last two years include John W Palmour, Life Sciences Holdings L Malin 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, Scottrade, Fidelity and Charles Schwab.
What is Novan's stock price today?
One share of NOVN stock can currently be purchased for approximately $3.02.
How big of a company is Novan?
Novan has a market capitalization of $79.42 million and generates $2.14 million in revenue each year. The company earns $-37,120,000.00 in net income (profit) each year or ($2.32) on an earnings per share basis. Novan employs 59 workers across the globe.
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 (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.
Novan (NASDAQ:NOVN) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 Wall Street analysts have issued ratings and price targets for Novan in the last 12 months. Their average twelve-month price target is $10.00, suggesting that the stock has a possible upside of 231.13%. The high price target for NOVN is $14.00 and the low price target for NOVN is $6.00. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.67 | 2.50 | 2.50 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $10.00 | $6.00 | $8.50 | $8.50 |
| Price Target Upside: | 231.13% upside | 11.11% upside | 57.41% upside | 57.41% upside |
Novan (NASDAQ:NOVN) Consensus Price Target History
Novan (NASDAQ:NOVN) Analyst Ratings History
Show:
(Data available from 5/23/2016 forward)
Novan (NASDAQ:NOVN) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Novan (NASDAQ NOVN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 8.83%
Institutional Ownership Percentage: 12.39%
Novan (NASDAQ NOVN) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 8/29/2017 | Robert Alexander Ingram | Director | Buy | 12,000 | $4.57 | $54,840.00 | 61,312 |  |
| 8/23/2017 | John W Palmour | Director | Buy | 12,000 | $3.99 | $47,880.00 | 253,568 | |
| 9/26/2016 | Life Sciences Holdings L Malin | Major Shareholder | Buy | 800,000 | $11.00 | $8,800,000.00 | | |
(Data available from 1/1/2013 forward)
Novan (NASDAQ NOVN) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Novan (NOVN) Given a $14.00 Price Target at JMP Securities
www.americanbankingnews.com - May 22 at 12:04 PM |
 | SB208 Increases Daily Nail Growth Rate over Four Weeks of Treatment
finance.yahoo.com - May 17 at 9:55 AM |
 | BRIEF-Novan Provides Update On SB414 Inflammatory Skin Disease Development Program
www.reuters.com - May 15 at 10:16 AM |
 | Novan Provides Update on SB414 Inflammatory Skin Disease Development Program
feeds.benzinga.com - May 15 at 8:34 AM |
| Trump attorney Cohen got about $500,000 from Russian oligarch, Stormy Daniels' lawyer claims
finance.yahoo.com - May 9 at 9:43 AM |
 | Novanta Announces Financial Results for the First Quarter 2018
www.prnewswire.com - May 8 at 7:19 AM |
| Novanta Acquired Zettlex
www.prnewswire.com - May 3 at 7:37 AM |
| Novan (NOVN) Upgraded at ValuEngine
www.americanbankingnews.com - May 2 at 11:11 PM |
| Novan's (NOVN) Buy Rating Reiterated at Piper Jaffray
www.americanbankingnews.com - April 13 at 6:01 PM |
| Same as the old boss — Novan makes interim CEO permanent
finance.yahoo.com - April 13 at 10:09 AM |
| Novan (NOVN) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - April 12 at 9:35 PM |
 | Novan CEO drops interim label
seekingalpha.com - April 12 at 10:38 AM |
| Novan Inc (NASDAQ:NOVN): Poised For Long-Term Success?
finance.yahoo.com - April 11 at 10:22 AM |
| Cramer: We got too negative on Friday—there's always a be...
finance.yahoo.com - April 10 at 10:07 AM |
| Cramer: There's always a better time to sell
finance.yahoo.com - April 10 at 10:07 AM |
| Novan (NOVN) Lifted to Sell at ValuEngine
www.americanbankingnews.com - April 3 at 11:11 AM |
| Novartis CEO on Alcon and Sandoz
finance.yahoo.com - March 27 at 10:09 AM |
| Novartis expands alliance with Science 37 to advance virtual clinical trials program
finance.yahoo.com - March 7 at 9:47 AM |
| Novartis' Xolair® recommended in new global chronic urticaria guideline
finance.yahoo.com - March 6 at 9:33 AM |
| Novartis shareholders approve all resolutions proposed by Board of Directors at the Annual General Meeting
finance.yahoo.com - March 2 at 9:33 AM |
| Novartis and Pear Therapeutics to develop digital therapeutics for patients with schizophrenia and multiple sclerosis
finance.yahoo.com - March 1 at 9:22 AM |
| Treatment with Novartis' Ultibro® Breezhaler® improved cardiac function in COPD patients with lung hyperinflation
finance.yahoo.com - February 22 at 9:28 AM |
| Dr. Eugene Sun Appointed to Novan Board of Directors
finance.yahoo.com - February 21 at 9:52 AM |
| Novartis new data show Cosentyx® improved quality of life over 5 years in two thirds of patients with moderate to severe plaque psoriasis
finance.yahoo.com - February 16 at 4:26 PM |
| Novartis new Cosentyx® data confirms robust efficacy and quality of life improvements in scalp psoriasis
finance.yahoo.com - February 16 at 4:26 PM |
| Novan Inc (NOVN) Expected to Post Earnings of -$0.55 Per Share
www.americanbankingnews.com - February 15 at 5:08 PM |
| Novartis receives FDA approval for Cosentyx® label update to include moderate-to-severe scalp psoriasis
finance.yahoo.com - February 8 at 9:03 AM |
| SAS founder Goodnight's investment firm becomes Novan's largest stockholder
finance.yahoo.com - January 30 at 4:37 PM |
| 2 Novan execs out as company pushes to broaden focus
finance.yahoo.com - January 25 at 4:34 PM |
| Novan Announces First Patient Dosed in Phase 2 Molluscum Contagiosum Trial with SB206
finance.yahoo.com - January 25 at 4:34 PM |
| Trading GE after earnings. Plus, the trade on Kroger & No...
finance.yahoo.com - January 24 at 4:55 PM |
| NOVARTIS FINANCE S.A.: US Securities & Exchange Commission Form 20-F 2017
finance.yahoo.com - January 24 at 4:55 PM |
| Novartis exclusively licenses first ophthalmology gene therapy in all markets outside the US, a milestone for patients with rare inherited vision loss
finance.yahoo.com - January 24 at 4:55 PM |
 | Novan (NOVN) Prices 10M Share Common Offering at $4.66/Sh
www.streetinsider.com - January 6 at 9:33 AM |
| Novan looks to raise $38M in public offering
finance.yahoo.com - January 5 at 5:04 PM |
| Novan (NOVN) Plans Common Stock Offering
www.streetinsider.com - January 5 at 9:37 AM |
| Novan Announces Proposed Public Offering of Common Stock and Warrants
finance.yahoo.com - January 4 at 5:19 PM |
| DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Shareholders of Class Action Against Novan, Inc. (NOVN) and Lead Plaintiff Deadline - January 2, 2018
finance.yahoo.com - January 2 at 6:40 PM |
| Novan (NOVN) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - January 1 at 3:10 PM |
 | NOVAN 96 HOUR DEADLINE ALERT: Approximately 96 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Class Action Lawsuit ...
www.businesswire.com - December 31 at 9:20 AM |
| SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Novan, Inc. of Class Action Lawsuit and Upcoming Deadline – NOVN
finance.yahoo.com - December 23 at 7:37 PM |
| Novartis drug Tasigna® is approved by FDA as first and only CML therapy with Treatment-free Remission data in its label
finance.yahoo.com - December 22 at 9:17 PM |
| Glancy Prongay & Murray LLP Announces the...
www.benzinga.com - December 21 at 9:31 AM |
| NOVN SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Novan, Inc. and a Lead Plaintiff Deadline of January 2, 2018
finance.yahoo.com - December 18 at 5:18 PM |
| SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Shareholders of Class Action Against Novan, Inc. (NOVN) and Lead Plaintiff Deadline - January 2, 2018
finance.yahoo.com - December 18 at 5:18 PM |
| NOVN INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of Novan, Inc. Investors
finance.yahoo.com - December 18 at 5:18 PM |
| Lawsuit for investors in NASDAQ:NOVN shares against Novan Inc announced by Shareholders Foundation
finance.yahoo.com - December 18 at 9:50 AM |
| Scott+Scott, Attorneys at Law, LLP Reminds Investors of Securities Class Action Against Novan, Inc. (NOVN) and Lead Plaintiff Deadline of January 2
finance.yahoo.com - December 14 at 5:50 PM |
| EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Novan, Inc. of a Lawsuit and a Lead Plaintiff Deadline of January 2, 2018 - NOVN
finance.yahoo.com - December 14 at 9:39 AM |
| CORRECTING and REPLACING Robbins Arroyo LLP: Novan, Inc. (NOVN) Misled Shareholders According to a Recently Filed Class Action
finance.yahoo.com - December 11 at 5:29 PM |
Novan (NASDAQ:NOVN) SEC Filings
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Novan (NASDAQ:NOVN) Income Statement, Balance Sheet and Cash Flow Statement
Novan (NASDAQ NOVN) Stock Chart for Wednesday, May, 23, 2018
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