Free Trial
NASDAQ:PHAT

Phathom Pharmaceuticals (PHAT) Stock Price, News & Analysis

$11.74
+0.46 (+4.08%)
(As of 07/26/2024 ET)
Today's Range
$11.10
$11.83
50-Day Range
$9.42
$12.67
52-Week Range
$6.07
$17.02
Volume
861,466 shs
Average Volume
750,385 shs
Market Capitalization
$687.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$22.00

Phathom Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
87.4% Upside
$22.00 Price Target
Short Interest
Bearish
47.12% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of Phathom Pharmaceuticals in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$575,147 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($5.57) to ($4.89) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.68 out of 5 stars

Medical Sector

480th out of 936 stocks

Pharmaceutical Preparations Industry

220th out of 436 stocks

PHAT stock logo

About Phathom Pharmaceuticals Stock (NASDAQ:PHAT)

Phathom Pharmaceuticals, Inc., biopharmaceutical company, focuses on developing and commercializing treatments for gastrointestinal diseases. The company has the rights in the United States, Europe, and Canada for an investigational potassium-competitive acid blocker (P-CAB) that blocks acid secretion in the stomach. It is also developing vonoprazan for the treatment of erosive gastroesophageal reflux disease; and in combination with antibiotics for the treatment of Helicobacter pylori infection. The company was incorporated in 2018 and is headquartered in Florham Park, New Jersey.

PHAT Stock Price History

PHAT Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Craig-Hallum Reaffirms Their Buy Rating on Phathom Pharmaceuticals (PHAT)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
See More Headlines
Receive PHAT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Phathom Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:PHAT
Fax
N/A
Employees
110
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$28.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+93.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-201,590,000.00
Pretax Margin
-9,507.71%

Debt

Sales & Book Value

Annual Sales
$680,000.00
Book Value
($1.27) per share

Miscellaneous

Free Float
44,428,000
Market Cap
$664.32 million
Optionable
Optionable
Beta
0.68
Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives


PHAT Stock Analysis - Frequently Asked Questions

How have PHAT shares performed this year?

Phathom Pharmaceuticals' stock was trading at $9.13 at the beginning of the year. Since then, PHAT stock has increased by 28.6% and is now trading at $11.74.
View the best growth stocks for 2024 here
.

How were Phathom Pharmaceuticals' earnings last quarter?

Phathom Pharmaceuticals, Inc. (NASDAQ:PHAT) released its quarterly earnings results on Thursday, May, 9th. The company reported ($1.42) earnings per share for the quarter, topping the consensus estimate of ($1.43) by $0.01. The company had revenue of $1.91 million for the quarter, compared to analyst estimates of $2.76 million.

When did Phathom Pharmaceuticals IPO?

Phathom Pharmaceuticals (PHAT) raised $150 million in an IPO on Friday, October 25th 2019. The company issued 7,900,000 shares at a price of $18.00-$20.00 per share. Goldman Sachs, Jefferies and Evercore ISI served as the underwriters for the IPO and Needham & Company was co-manager.

Who are Phathom Pharmaceuticals' major shareholders?

Phathom Pharmaceuticals' top institutional shareholders include Bank of New York Mellon Corp (0.20%), Inspirion Wealth Advisors LLC (0.06%) and LVW Advisors LLC (0.02%). Insiders that own company stock include Pharmaceutical Co Ltd Takeda, Terrie Curran, Azmi Nabulsi, Asit Parikh and David A Socks.
View institutional ownership trends
.

How do I buy shares of Phathom Pharmaceuticals?

Shares of PHAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Phathom Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Phathom Pharmaceuticals investors own include Clovis Oncology (CLVS), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Cinemark (CNK) and CenterPoint Energy (CNP).

This page (NASDAQ:PHAT) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners