Otonomy, Inc., a biopharmaceutical company, engages in the development and commercialization of therapeutics for otology in the United States. It offers OTIPRIO, a ciprofloxacin otic suspension for use during tympanostomy tube placement surgery in pediatric patients. The company also develops OTIVIDEX, a sustained-exposure formulation of the steroid dexamethasone in Phase III clinical trial for the treatment of Ménière's disease; and OTO- 313, a sustained-exposure formulation of N-methyl-D-aspartate receptor antagonist gacyclidine, which has completed a Phase 1 clinical safety trial for the treatment of tinnitus. In addition, it develops OTO-413, a sustained exposure formulation of brain-derived neurotrophic factor for the repair of cochlear synaptopathy and the treatment of speech-in-noise hearing difficulties; OTO-5XX, an otoprotectant for the prevention of cisplatin-induced hearing loss; and OTO-6XX induces hair cell regeneration for the treatment of severe hearing loss. The company has license agreements with University of California and DURECT Corporation. Otonomy, Inc. was founded in 2008 and is headquartered in San Diego, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:OTIC
Previous Symbol
CUSIPN/A
Phone619-323-2200
Debt
Debt-to-Equity RatioN/A
Current Ratio13.14
Quick Ratio13.14
Price-To-Earnings
Trailing P/E Ratio-0.70
Forward P/E Ratio-1.22
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.24 million
Price / Sales51.38
Cash FlowN/A
Price / Cash FlowN/A
Book Value$3.87 per share
Price / Book0.54
Profitability
EPS (Most Recent Fiscal Year)($2.97)
Net Income$-90,130,000.00
Net Margins-6,983.40%
Return on Equity-54.24%
Return on Assets-49.52%
Miscellaneous
Employees53
Outstanding Shares30,630,000
Market Cap$70.45 million
OptionableOptionable
Otonomy (NASDAQ:OTIC) Frequently Asked Questions
What is Otonomy's stock symbol?
Otonomy trades on the NASDAQ under the ticker symbol "OTIC."
How were Otonomy's earnings last quarter?
Otonomy Inc (NASDAQ:OTIC) announced its quarterly earnings data on Tuesday, November, 6th. The biopharmaceutical company reported ($0.41) earnings per share for the quarter, beating analysts' consensus estimates of ($0.47) by $0.06. The biopharmaceutical company earned $0.11 million during the quarter, compared to the consensus estimate of $0.25 million. Otonomy had a negative net margin of 6,983.40% and a negative return on equity of 54.24%. View Otonomy's Earnings History.
When is Otonomy's next earnings date?
What price target have analysts set for OTIC?
4 brokers have issued 12 month target prices for Otonomy's shares. Their forecasts range from $9.00 to $10.00. On average, they expect Otonomy's share price to reach $9.50 in the next twelve months. This suggests a possible upside of 356.7% from the stock's current price. View Analyst Price Targets for Otonomy.
What is the consensus analysts' recommendation for Otonomy?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Otonomy in the last year. There are currently 1 sell rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Otonomy.
Has Otonomy been receiving favorable news coverage?
Media headlines about OTIC stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Otonomy earned a news sentiment score of 1.9 on InfoTrie's scale. They also gave media coverage about the biopharmaceutical company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.
Who are some of Otonomy's key competitors?
Some companies that are related to Otonomy include Albireo Pharma (ALBO), Kadmon (KDMN), Athersys (ATHX), BIOFRONTERA AG/ADR (BFRA), MannKind (MNKD), Intec Pharma (NTEC), Syros Pharmaceuticals (SYRS), Savara (SVRA), Seres Therapeutics (MCRB), Verrica Pharmaceuticals (VRCA), Adamas Pharmaceuticals (ADMS), Geron (GERN), BioDelivery Sciences International (BDSI), Aldeyra Therapeutics (ALDX) and AVEO Pharmaceuticals (AVEO).
Who are Otonomy's key executives?
Otonomy's management team includes the folowing people:
- Dr. Jay B. Lichter, Co-Founder & Chairman (Age 56)
- Dr. David Allen Weber, Pres, CEO & Director (Age 58)
- Mr. Paul E. Cayer, Chief Financial & Bus. Officer (Age 56)
- Dr. Kathie M. Bishop, Chief Scientific Officer (Age 52)
- Dr. Allen F. Ryan Ph.D., Co-Founder and Member of the Advisory Panel
Who are Otonomy's major shareholders?
Otonomy's stock is owned by many different of retail and institutional investors. Top institutional investors include First Manhattan Co. (5.78%), Dimensional Fund Advisors LP (4.85%), Renaissance Technologies LLC (4.70%), Vanguard Group Inc (3.68%), Vanguard Group Inc. (3.68%) and Man Group plc (1.13%). View Institutional Ownership Trends for Otonomy.
Which major investors are selling Otonomy stock?
Which major investors are buying Otonomy stock?
OTIC stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., Renaissance Technologies LLC and Dimensional Fund Advisors LP. View Insider Buying and Selling for Otonomy.
How do I buy shares of Otonomy?
Shares of OTIC 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 Otonomy's stock price today?
One share of OTIC stock can currently be purchased for approximately $2.08.
How big of a company is Otonomy?
Otonomy has a market capitalization of $70.45 million and generates $1.24 million in revenue each year. The biopharmaceutical company earns $-90,130,000.00 in net income (profit) each year or ($2.97) on an earnings per share basis. Otonomy employs 53 workers across the globe.
What is Otonomy's official website?
How can I contact Otonomy?
Otonomy's mailing address is 4796 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. The biopharmaceutical company can be reached via phone at 619-323-2200 or via email at [email protected]
MarketBeat Community Rating for Otonomy (NASDAQ OTIC)
MarketBeat's community ratings are surveys of what our community members think about Otonomy and other stocks. Vote "Outperform" if you believe OTIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OTIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
