NASDAQ:PBYIPuma Biotechnology Stock Price, Forecast & News

Puma Biotechnology's stock was trading at $9.27 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PBYI shares have increased by 12.2% and is now trading at $10.40. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Puma Biotechnology in the last year. There are currently 4 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) released its quarterly earnings results on Thursday, May, 7th. The biopharmaceutical company reported ($0.43) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.77) by $0.34. The biopharmaceutical company had revenue of $51.20 million for the quarter, compared to analyst estimates of $44.42 million. Puma Biotechnology had a negative return on equity of 500.98% and a negative net margin of 36.72%. The firm's revenue was down 48.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.21 EPS. View Puma Biotechnology's earnings history.

11 equities research analysts have issued 12 month target prices for Puma Biotechnology's stock. Their forecasts range from $6.00 to $17.00. On average, they anticipate Puma Biotechnology's share price to reach $12.22 in the next year. This suggests a possible upside of 17.5% from the stock's current price. View analysts' price targets for Puma Biotechnology.

News coverage about PBYI stock has been trending somewhat positive recently, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Puma Biotechnology earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave press coverage about the biopharmaceutical company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Puma Biotechnology.

Puma Biotechnology saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 7,440,000 shares, a decline of 5.6% from the May 31st total of 7,880,000 shares. Based on an average daily volume of 1,160,000 shares, the days-to-cover ratio is currently 6.4 days. Approximately 22.4% of the company's stock are sold short. View Puma Biotechnology's Current Options Chain.

Some companies that are related to Puma Biotechnology include Myovant Sciences (MYOV), Madrigal Pharmaceuticals (MDGL), Y-mAbs Therapeutics (YMAB), Ironwood Pharmaceuticals (IRWD), Akebia Therapeutics (AKBA), Epizyme (EPZM), INDIVIOR PLC/S (INVVY), BELLUS Health (BLUSF), Cytokinetics (CYTK), Zymeworks (ZYME), Zogenix (ZGNX), MacroGenics (MGNX), Intercept Pharmaceuticals (ICPT), Mersana Therapeutics (MRSN) and Passage Bio (ZNTL). 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 institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.05%). Company insiders that own Puma Biotechnology stock include Alan H Auerbach, Charles R Eyler, Douglas M Hunt, Jay M Moyes, Richard Paul Bryce and Troy Edward Wilson. View institutional ownership trends for Puma Biotechnology.

PBYI stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have sold Puma Biotechnology company stock in the last year include Alan H Auerbach, Douglas M Hunt, Jay M Moyes, Richard Paul Bryce, and Troy Edward Wilson. 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 $10.40.

Puma Biotechnology has a market capitalization of $409.34 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]