NASDAQ:PBYIPuma Biotechnology Stock Price, Forecast & News

Puma Biotechnology's stock was trading at $9.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PBYI stock has increased by 16.9% and is now trading at $10.84. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Puma Biotechnology in the last year. There are currently 3 sell ratings, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Puma Biotechnology.

Puma Biotechnology is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Puma Biotechnology.

Puma Biotechnology Inc (NASDAQ:PBYI) announced its quarterly earnings results on Thursday, May, 7th. The biopharmaceutical company reported ($0.43) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.77) by $0.34. The biopharmaceutical company had revenue of $51.20 million for the quarter, compared to analysts' expectations of $44.42 million. Puma Biotechnology had a negative net margin of 36.72% and a negative return on equity of 500.98%. The company's quarterly revenue was down 48.3% on a year-over-year basis. During the same period last year, the business posted $0.21 EPS. View Puma Biotechnology's earnings history.

10 brokerages have issued 12-month target prices for Puma Biotechnology's shares. Their forecasts range from $6.00 to $17.00. On average, they anticipate Puma Biotechnology's share price to reach $12.63 in the next twelve months. This suggests a possible upside of 16.5% from the stock's current price. View analysts' price targets for Puma Biotechnology.

Media stories about PBYI stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Puma Biotechnology earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave news articles about the biopharmaceutical company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutPuma Biotechnology.

Puma Biotechnology saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 7,870,000 shares, a drop of 6.8% from the April 30th total of 8,440,000 shares. Based on an average trading volume of 1,360,000 shares, the days-to-cover ratio is presently 5.8 days. Approximately 23.2% of the company's stock are short sold. View Puma Biotechnology's Current Options Chain.

Some companies that are related to Puma Biotechnology include Theravance Biopharma (TBPH), Ironwood Pharmaceuticals (IRWD), Zogenix (ZGNX), Heron Therapeutics (HRTX), Akebia Therapeutics (AKBA), Y-mAbs Therapeutics (YMAB), Opko Health (OPK), Arcus Biosciences (RCUS), CytoDyn (CYDY), BELLUS Health (BLUSF), Akcea Therapeutics (AKCA), Dicerna Pharmaceuticals (DRNA), Amneal Pharmaceuticals (AMRX), Innoviva (INVA) and Constellation Pharmaceuticals (CNST). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Puma Biotechnology investors own include Medivation (MDVN), BioMarin Pharmaceutical (BMRN), Incyte (INCY), First Solar (FSLR), Dynavax Technologies (DVAX), United Continental (UAL), Kite Pharma (KITE), Array Biopharma (ARRY), Freeport-McMoRan (FCX) and Celgene (CELG).

Puma Biotechnology trades on the NASDAQ under the ticker symbol "PBYI."

Puma Biotechnology's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (8.99%), BlackRock Inc. (7.16%), Fred Alger Management LLC (5.93%), Camber Capital Management LP (4.95%), Federated Hermes Inc. (2.56%) and Acadian Asset Management LLC (2.22%). Company insiders that own Puma Biotechnology stock include Alan H Auerbach, Charles R Eyler, Douglas M Hunt and Richard Paul Bryce. View institutional ownership trends for Puma Biotechnology.

PBYI stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Ikarian Capital LLC, WINTON GROUP Ltd, Deutsche Bank AG, Rafferty Asset Management LLC, Parametric Portfolio Associates LLC, Two Sigma Advisers LP, and Jane Street Group LLC. Company insiders that have sold Puma Biotechnology company stock in the last year include Alan H Auerbach, Douglas M Hunt, and Richard Paul Bryce. View insider buying and selling activity for Puma Biotechnology.

PBYI stock was bought by a variety of institutional investors in the last quarter, including Camber Capital Management LP, Sofinnova Investments Inc., Fred Alger Management LLC, Tang Capital Management LLC, Federated Hermes Inc., UBS Group AG, Trexquant Investment LP, and Thrivent Financial for Lutherans. View insider buying and selling activity for Puma Biotechnology.

Shares of PBYI 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.

One share of PBYI stock can currently be purchased for approximately $10.84.

Puma Biotechnology has a market capitalization of $426.66 million and generates $272.30 million in revenue each year. The biopharmaceutical company earns $-75,600,000.00 in net income (profit) each year or ($1.95) on an earnings per share basis. Puma Biotechnology employs 272 workers across the globe.

The official website for Puma Biotechnology is www.pumabiotechnology.com.

Puma Biotechnology's mailing address is 10880 WILSHIRE BOULEVARD SUITE 2150, LOS ANGELES CA, 90024. The biopharmaceutical company can be reached via phone at 424-248-6500 or via email at [email protected]