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Puma Biotechnology Stock Price, News & Analysis (NASDAQ:PBYI)

$6.50
-0.18 (-2.69 %)
(As of 10/18/2019 04:00 PM ET)
Today's Range
$6.48
Now: $6.50
$6.71
50-Day Range
$6.52
MA: $10.09
$12.27
52-Week Range
$6.47
Now: $6.50
$45.50
Volume1.74 million shs
Average Volume1.82 million shs
Market Capitalization$252.85 million
P/E RatioN/A
Dividend YieldN/A
Beta1.6
Puma Biotechnology, Inc, a biopharmaceutical company, focuses on the development and commercialization of products to enhance cancer care. Its drug candidates include PB272 neratinib (oral) for the treatment of early stage breast cancer, metastatic breast cancer, non-small cell lung cancer, HER2 mutation-positive solid tumors, and HER2-mutated non-amplified breast cancer; and PB272 neratinib (intravenous). Read More…

Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:PBYI
CUSIPN/A
Phone424-248-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$251 million
Book Value$0.90 per share

Profitability

Net Income$-113,570,000.00

Miscellaneous

Employees272
Market Cap$252.85 million
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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Puma Biotechnology (NASDAQ:PBYI) Frequently Asked Questions

What is Puma Biotechnology's stock symbol?

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

How were Puma Biotechnology's earnings last quarter?

Puma Biotechnology Inc (NASDAQ:PBYI) announced its earnings results on Thursday, August, 8th. The biopharmaceutical company reported ($0.97) EPS for the quarter, missing the consensus estimate of ($0.90) by $0.07. The biopharmaceutical company had revenue of $53.90 million for the quarter, compared to analysts' expectations of $53.40 million. Puma Biotechnology had a negative net margin of 32.23% and a negative return on equity of 254.09%. The business's quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.59) earnings per share. View Puma Biotechnology's Earnings History.

When is Puma Biotechnology's next earnings date?

Puma Biotechnology is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Puma Biotechnology.

What price target have analysts set for PBYI?

10 analysts have issued 12-month target prices for Puma Biotechnology's stock. Their predictions range from $8.00 to $29.00. On average, they anticipate Puma Biotechnology's stock price to reach $17.25 in the next twelve months. This suggests a possible upside of 165.4% from the stock's current price. View Analyst Price Targets for Puma Biotechnology.

What is the consensus analysts' recommendation for Puma Biotechnology?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Puma Biotechnology in the last year. There are currently 4 sell ratings and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Puma Biotechnology.

What are Wall Street analysts saying about Puma Biotechnology stock?

Here are some recent quotes from research analysts about Puma Biotechnology stock:
  • 1. According to Zacks Investment Research, "Puma Biotech's only marketed drug, Nerlynx, was approved for early stage HER2-positive breast cancer. The drug has seen improved sales steadily since its launch in July 2017. Nerlynx was also approved in the EU last September and can generate additional sales in 2019. Several further studies on Nerlynx targeting different types of breast cancer patient populations and in earlier-line settings are currently underway. The drug’s label expansion will allow it to treat and access an expanded patient population. Puma Biotech is totally dependent on Nerlynx for growth, hence, any regulatory setback for Nerlynx could affect the growth prospects and weigh heavily on the stock. Shares have outperformed the industry year to date. Loss estimates look stable ahead of Q1 earnings. Puma Biotech has a positive record of earnings surprises in the recent quarters." (5/1/2019)
  • 2. Cowen Inc analysts commented, "Cidara reported 4Q18 financial results yesterday and we spoke w/ mgmt for an update. Phase 3 RESTORE trial of rezafungin in Candidemia/ Invasive Candidiasis was initiated last yr and enrollment rate is reportedly in line w/ expectations. Mgmt guiding for top-line results in mid-2020 (unch). Discussions are still ongoing w/ both EMA and FDA around Phase 3 RESPECT trial in prophylaxis. Mgmt nevertheless guiding for initiation in 1H19. Top-line results from Phase 2 STRIVE B trial likely mid-2019. We assume safety/ efficacy profile similar to STRIVE A. Company reported impressive progress w/ a Cloudbreak Influenza candidate last yr and expects to nominate a development candidate 1Q19. BUY. We acknowledge cash constraints, but believe stock does not adequately reflect value of pipeline." (3/1/2019)
  • 3. Cantor Fitzgerald analysts commented, ": Reiterate OW rating; increasing PT to $57/share. Nerlynx roared in 4Q, and 2019 guidance beats expectations. US Nerlynx sales were $61M vs. $53M consensus. Although gross to net was lower in 4Q, we think that 4Q represents a solid beat, and we saw growth in bottles of 12%. In addition, the company’s 2019 US guidance of $255-280M announced on the call exceeded expectations of $238M. Lastly, the company had its first cash flow positive quarter at ~$8M. Shares have recovered by 59% from their early November lows, but we think that there remains upside to shares from Nerlynx growth. We spoke to management post call and we highlight some of our key takes below." (2/28/2019)

Has Puma Biotechnology been receiving favorable news coverage?

Media coverage about PBYI stock has trended somewhat negative this week, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Puma Biotechnology earned a coverage optimism score of -1.5 on InfoTrie's scale. They also gave headlines about the biopharmaceutical company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Puma Biotechnology.

Are investors shorting Puma Biotechnology?

Puma Biotechnology saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 8,170,000 shares, a drop of 8.5% from the August 30th total of 8,930,000 shares. Based on an average trading volume of 1,510,000 shares, the days-to-cover ratio is currently 5.4 days. Approximately 24.3% of the shares of the company are short sold. View Puma Biotechnology's Current Options Chain.

Who are some of Puma Biotechnology's key competitors?

What other stocks do shareholders of Puma Biotechnology own?

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).

Who are Puma Biotechnology's key executives?

Puma Biotechnology's management team includes the folowing people:
  • Mr. Alan H. Auerbach, Founder, Chairman, Pres, CEO & Sec. (Age 49)
  • Dr. Richard P. Bryce, Chief Medical & Scientific Officer (Age 62)
  • Mr. Steven Lo, Chief Commercial Officer (Age 52)
  • Mr. Charles R. Eyler, Sr. VP of Fin. & Admin. and Treasurer (Age 71)
  • Mr. Maximo F. Nougues, CFO & Principal Accounting Officer (Age 50)

Who are Puma Biotechnology's major shareholders?

Puma Biotechnology's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.25%), Fox Run Management L.L.C. (0.03%) and Envestnet Asset Management Inc. (0.03%). 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.

Which major investors are buying Puma Biotechnology stock?

PBYI stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Fox Run Management L.L.C. and Envestnet Asset Management Inc.. View Insider Buying and Selling for Puma Biotechnology.

How do I buy shares of 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.

What is Puma Biotechnology's stock price today?

One share of PBYI stock can currently be purchased for approximately $6.50.

How big of a company is Puma Biotechnology?

Puma Biotechnology has a market capitalization of $252.85 million and generates $251 million in revenue each year. The biopharmaceutical company earns $-113,570,000.00 in net income (profit) each year or ($2.99) on an earnings per share basis. Puma Biotechnology employs 272 workers across the globe.View Additional Information About Puma Biotechnology.

What is Puma Biotechnology's official website?

The official website for Puma Biotechnology is http://www.pumabiotechnology.com/.

How can I contact Puma Biotechnology?

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]


MarketBeat Community Rating for Puma Biotechnology (NASDAQ PBYI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  473 (Vote Outperform)
Underperform Votes:  455 (Vote Underperform)
Total Votes:  928
MarketBeat's community ratings are surveys of what our community members think about Puma Biotechnology and other stocks. Vote "Outperform" if you believe PBYI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PBYI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/19/2019 by MarketBeat.com Staff

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