Spark Therapeutics, Inc. focuses on the development of gene therapy products for patients suffering from debilitating genetic diseases. Its products include LUXTURNA (voretigene neparvovec), which is in Phase III clinical trial for the treatment of genetic blinding conditions caused by mutations in the RPE65 gene; and SPK-CHM that is in Phase I/II clinical trial for the treatment of choroideremia. The company's products also comprise SPK-7001 that is in Phase 1/2 trial for choroideremia; SPK-9001, which is in Phase 1/2 trial for hemophilia B; and SPK-8011 that is in Phase 1/2 trial hemophilia A. In addition, its product candidates and development programs include SPK-FVIII program to treat hemophilia A; SPK-TPP1 program for the treatment of CLN2 disease; RhoNova for the treatment of rhodopsin-linked autosomal dominant retinitis pigmentosa; and other neurodegenerative diseases. The company has collaboration agreement with Pfizer, Inc. for the development and commercialization of SPK-FIX product candidates in its gene therapy program for the treatment of hemophilia B. Spark Therapeutics, Inc. was founded in 2013 and is headquartered in Philadelphia, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:ONCE
Previous Symbol
CUSIPN/A
Phone888-772-7560
Debt
Debt-to-Equity Ratio0.09
Current Ratio10.71
Quick Ratio10.36
Price-To-Earnings
Trailing P/E Ratio-5.37
Forward P/E Ratio-29.69
P/E GrowthN/A
Sales & Book Value
Annual Sales$12.07 million
Price / Sales127.23
Cash FlowN/A
Price / Cash FlowN/A
Book Value$13.88 per share
Price / Book2.93
Profitability
EPS (Most Recent Fiscal Year)($7.63)
Net Income$-253,480,000.00
Net Margins-127.82%
Return on Equity-14.18%
Return on Assets-10.45%
Miscellaneous
Employees315
Outstanding Shares37,750,000
Market Cap$1.46 billion
OptionableOptionable
Spark Therapeutics (NASDAQ:ONCE) Frequently Asked Questions
What is Spark Therapeutics' stock symbol?
Spark Therapeutics trades on the NASDAQ under the ticker symbol "ONCE."
How were Spark Therapeutics' earnings last quarter?
Spark Therapeutics Inc (NASDAQ:ONCE) announced its quarterly earnings data on Tuesday, November, 6th. The biotechnology company reported ($1.26) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.04) by $0.22. The biotechnology company earned $10.70 million during the quarter, compared to the consensus estimate of $27.44 million. Spark Therapeutics had a negative net margin of 127.82% and a negative return on equity of 14.18%. Spark Therapeutics's revenue was up 463.2% compared to the same quarter last year. During the same period in the previous year, the business posted ($1.90) earnings per share. View Spark Therapeutics' Earnings History.
When is Spark Therapeutics' next earnings date?
What price target have analysts set for ONCE?
21 brokerages have issued twelve-month price objectives for Spark Therapeutics' stock. Their forecasts range from $40.00 to $103.00. On average, they anticipate Spark Therapeutics' stock price to reach $66.55 in the next twelve months. This suggests a possible upside of 65.1% from the stock's current price. View Analyst Price Targets for Spark Therapeutics.
What is the consensus analysts' recommendation for Spark Therapeutics?
21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spark Therapeutics in the last year. There are currently 9 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spark Therapeutics.
What are Wall Street analysts saying about Spark Therapeutics stock?
Here are some recent quotes from research analysts about Spark Therapeutics stock:
- 1. According to Zacks Investment Research, "Spark Therapeutics, Inc. offers gene therapy. The Company's product candidate consist of SPK-RPE65, SPK-CHM, SPK-FIX which are in different clinical phases, for the treatment of additional blinding conditions, hematologic disorders and neurodegenerative diseases. Spark Therapeutics, Inc. is based in Philadelphia, Pennsylvania. " (11/8/2018)
- 2. JPMorgan Chase & Co. analysts commented, "ONCE’s 3Q print encouragingly showed in line Luxturna sales of ~$9M, although a resetting of expectations around the SPK-8011 update at ASH overshadowed launch progress. Given the historical focus on FVIII levels, we aren’t surprised to see disappointment about the news that there will be no biomarker data for the high dose cohort at ASH (there will be clinical outcome data). Indeed, for some time we’ve gotten the sense that at least some investors may wait to see additional SPK-8011 FVIII activity data before re-engaging. That said, today’s update doesn’t fundamentally change the fact that ONCE continues to be a leader in the gene therapy space, with an active early-stage pipeline (2 new programs entering clinic in late- 2018/2019) and an update on SPK-7001 expected by YE18. Maintain Neutral." (11/7/2018)
- 3. Raymond James analysts commented, "We are maintaining our Outperform rating for shares of ONCE. This morning the E.U.’s Committee for Medicinal Products for Human Use (CHMP) adopted a positive opinion recommending the approval of LUXTURNA for the treatment of vision loss due to inherited retinal dystrophy (IRD) caused by mutations in the retinal pigment epithelium- specific 65 kDa (RPE65) gene. Along with robust data from the company’s Phase III study that demonstrated safety, efficacy, and durability of response for up to three years, the company awaits a marketing authorization from the European Commission within two months to become the first gene therapy for a genetic disease approved in both the U.S. and E.U. With U.S." (9/21/2018)
- 4. Mizuho analysts commented, "We further think it is pre-mature to draw the conclusion that SPK-8011 is inferior to the competing product from BioMarin (BMRN, non-rated). We reduce our PT from $91 to $77 after removing the M&A premium of our valuation per revised valuation methodology and we maintain our revenue forecasts." (8/8/2018)
- 5. Cantor Fitzgerald analysts commented, ": We reiterate our Overweight rating and 12-month PT of $103 on 2Q18 financial results and program updates. During the call, Spark announced additional updates from the Phase 1/2 trial of SPK-8011 in hemophilia A. While the occurrence of two immune responses leading to inadequate FVIII activity level add challenges for the program, we believe the company is well equipped to address them as the program moves to late-stage development." (8/7/2018)
Has Spark Therapeutics been receiving favorable news coverage?
News stories about ONCE stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Spark Therapeutics earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the biotechnology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of Spark Therapeutics' key competitors?
Some companies that are related to Spark Therapeutics include bluebird bio (BLUE), Ablynx (ABLYF), argenx (ARGX), Allogene Therapeutics (ALLO), Repligen (RGEN), China Biologic Products (CBPO), Acceleron Pharma (XLRN), Halozyme Therapeutics (HALO), Regenxbio (RGNX), Denali Therapeutics (DNLI), Atara Biotherapeutics (ATRA), Crispr Therapeutics (CRSP), Aerie Pharmaceuticals (AERI), Rubius Therapeutics (RUBY) and Autolus Therapeutics (AUTL).
Who are Spark Therapeutics' key executives?
Spark Therapeutics' management team includes the folowing people:
- Mr. Jeffrey D. Marrazzo, Co-Founder, CEO & Director (Age 39)
- Dr. Katherine A. High, Co-Founder, Pres, Head of R&D and Director (Age 66)
- Mr. Stephen W. Webster, Chief Financial Officer (Age 57)
- Mr. Joseph W. La Barge Esq., J.D., Chief Legal Officer & Sec. (Age 47)
- Mr. Daniel R. Faga, Chief Bus. Officer (Age 38)
When did Spark Therapeutics IPO?
(ONCE) raised $88 million in an initial public offering on Friday, January 30th 2015. The company issued 5,500,000 shares at a price of $15.00-$17.00 per share. J.P. Morgan and Credit Suisse served as the underwriters for the IPO and Cowen and Company and Sanford C. Bernstein were co-managers.
Who are Spark Therapeutics' major shareholders?
Spark Therapeutics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (12.78%), BlackRock Inc. (8.07%), Vanguard Group Inc. (7.48%), Partner Fund Management L.P. (2.28%), EcoR1 Capital LLC (2.22%) and Alliancebernstein L.P. (1.41%). Company insiders that own Spark Therapeutics stock include Anand Mehra, Barge Joseph La, Daniel Faga, Hospital Of Philade Children's, Jeffrey D Marrazzo, John Furey, Katherine A High and Stephen W Webster. View Institutional Ownership Trends for Spark Therapeutics.
Which institutional investors are selling Spark Therapeutics stock?
ONCE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, Wells Fargo & Company MN, Capital World Investors, Credit Suisse AG, American Century Companies Inc., AXA and Partner Fund Management L.P.. View Insider Buying and Selling for Spark Therapeutics.
Which institutional investors are buying Spark Therapeutics stock?
ONCE stock was acquired by a variety of institutional investors in the last quarter, including EcoR1 Capital LLC, BlackRock Inc., Alliancebernstein L.P., Renaissance Technologies LLC, Deutsche Bank AG, Rockefeller Capital Management L.P., Elk Creek Partners LLC and Capital International Investors. View Insider Buying and Selling for Spark Therapeutics.
How do I buy shares of Spark Therapeutics?
Shares of ONCE 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 Spark Therapeutics' stock price today?
One share of ONCE stock can currently be purchased for approximately $40.32.
How big of a company is Spark Therapeutics?
Spark Therapeutics has a market capitalization of $1.46 billion and generates $12.07 million in revenue each year. The biotechnology company earns $-253,480,000.00 in net income (profit) each year or ($7.63) on an earnings per share basis. Spark Therapeutics employs 315 workers across the globe.
What is Spark Therapeutics' official website?
How can I contact Spark Therapeutics?
Spark Therapeutics' mailing address is 3737 Market Street Suite 1300, PHILADELPHIA PA, 19104. The biotechnology company can be reached via phone at 888-772-7560 or via email at [email protected]
MarketBeat Community Rating for Spark Therapeutics (NASDAQ ONCE)
MarketBeat's community ratings are surveys of what our community members think about Spark Therapeutics and other stocks. Vote "Outperform" if you believe ONCE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ONCE will underperform the S&P 500 over the long term. You may vote once every thirty days.
