Paratek Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, focuses on the development and commercialization of therapeutics based upon tetracycline chemistry in the United States. Its lead product candidates include omadacycline, an intravenous and oral antibiotic for use as a monotherapy antibiotic for acute bacterial skin and skin structure infections, community-acquired bacterial pneumonia, urinary tract infections, and other community-acquired bacterial infections; and Sarecycline, a tetracycline-derived compound designed for use in the treatment of acne and rosacea. The company has license and collaboration agreements with Zai Lab (Shanghai) Co., Ltd. and Allergan plc; license agreement with Tufts University to develop and commercialize products for the treatment or prevention of bacterial or microbial diseases, or medical conditions; and cooperative research and development agreement with the U.S. Army Medical Research Institute of Infectious Diseases to study omadacycline against pathogenic agents causing infectious diseases. Paratek Pharmaceuticals, Inc. was founded in 1996 and is headquartered in Boston, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryPharmaceuticals
SectorMedical
Current SymbolNASDAQ:PRTK
Previous SymbolNASDAQ:TSPT
CUSIP89354M10
Phone617-807-6600
Debt
Debt-to-Equity Ratio3.97
Current Ratio11.39
Quick Ratio11.39
Price-To-Earnings
Trailing P/E Ratio-2.20
Forward P/E Ratio-2.21
P/E GrowthN/A
Sales & Book Value
Annual Sales$12.62 million
Price / Sales18.51
Cash FlowN/A
Price / CashN/A
Book Value$1.79 per share
Price / Book4.06
Profitability
EPS (Most Recent Fiscal Year)($3.30)
Net Income$-89,060,000.00
Net Margins-2,155.03%
Return on Equity-132.55%
Return on Assets-44.56%
Miscellaneous
Employees83
Outstanding Shares32,140,000
Market Cap$233.34 million
OptionableOptionable
Paratek Pharmaceuticals (NASDAQ:PRTK) Frequently Asked Questions
What is Paratek Pharmaceuticals' stock symbol?
Paratek Pharmaceuticals trades on the NASDAQ under the ticker symbol "PRTK."
How were Paratek Pharmaceuticals' earnings last quarter?
Paratek Pharmaceuticals Inc (NASDAQ:PRTK) posted its quarterly earnings data on Tuesday, November, 6th. The specialty pharmaceutical company reported ($1.01) earnings per share for the quarter, missing analysts' consensus estimates of ($0.85) by $0.16. The specialty pharmaceutical company earned $0.05 million during the quarter, compared to analyst estimates of $5.89 million. Paratek Pharmaceuticals had a negative net margin of 2,155.03% and a negative return on equity of 132.55%. View Paratek Pharmaceuticals' Earnings History.
When is Paratek Pharmaceuticals' next earnings date?
What price target have analysts set for PRTK?
8 analysts have issued 1 year price targets for Paratek Pharmaceuticals' shares. Their forecasts range from $13.00 to $55.00. On average, they expect Paratek Pharmaceuticals' stock price to reach $33.3333 in the next year. This suggests a possible upside of 358.5% from the stock's current price. View Analyst Price Targets for Paratek Pharmaceuticals.
What is the consensus analysts' recommendation for Paratek Pharmaceuticals?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paratek Pharmaceuticals in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Paratek Pharmaceuticals.
What are Wall Street analysts saying about Paratek Pharmaceuticals stock?
Here are some recent quotes from research analysts about Paratek Pharmaceuticals stock:
- 1. According to Zacks Investment Research, "Paratek Pharmaceuticals, Inc. is a biopharmaceutical company. The Company focuses on the discovery, development, and commercialization of therapeutics that treat infectious disease agents. The Company's lead product candidate, omadacycline, is a tetracycline-derived antibiotic being developed for use as a first-line monotherapy for serious community-acquired bacterial infections where antibiotic resistance is of concern for treating physicians. Its second product candidate, WC 3035 is a tetracycline-derived compound designed for use in the treatment of acne and rosacea. Paratek Pharmaceuticals, Inc., formerly known as Transcept Pharmaceuticals, Inc., is based in United States. " (8/3/2018)
- 2. Cantor Fitzgerald analysts commented, ". Post a quarter of solid execution and ahead of the AdCom on 8/8/18 as well as what we expect to be an approval for omadacycline, we are reiterating our OW rating and 12-month price target of $50. We like PRTK because it is well capitalized (including the convertible debt raise and incoming milestones), de-risked with three positive Phase 3 trials (in an oral only skin trial) and has a diversified pipeline (omadacycline for cUTI, uUTI, Sarecycline, etc.). We anticipate two product approvals for PRTK in 2H18, omadacycline and Sarecycline." (8/2/2018)
Has Paratek Pharmaceuticals been receiving favorable news coverage?
Press coverage about PRTK stock has been trending somewhat negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring 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. Paratek Pharmaceuticals earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned news articles about the specialty pharmaceutical company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of Paratek Pharmaceuticals' key competitors?
Some companies that are related to Paratek Pharmaceuticals include Puma Biotechnology (PBYI), Lexicon Pharmaceuticals (LXRX), Alder Biopharmaceuticals (ALDR), Clovis Oncology (CLVS), Deciphera Pharmaceuticals (DCPH), Akorn (AKRX), Y-mAbs Therapeutics (YMAB), Dicerna Pharmaceuticals (DRNA), Intra-Cellular Therapies (ITCI), Viking Therapeutics (VKTX), ImmunoGen (IMGN), Apellis Pharmaceuticals (APLS), Kiniksa Pharmaceuticals (KNSA), Athenex (ATNX) and Revance Therapeutics (RVNC).
Who are Paratek Pharmaceuticals' key executives?
Paratek Pharmaceuticals' management team includes the folowing people:
- Mr. Michael F. Bigham, Chairman & CEO (Age 60)
- Dr. Evan Loh, Pres, Chief Medical Officer, COO & Director (Age 59)
- Mr. Douglas W. Pagán, Chief Financial Officer (Age 46)
- Mr. William M. Haskel, Sr. VP, Gen. Counsel & Corp. Sec. (Age 56)
- Mr. Adam Woodrow, Chief Commercial Officer & VP (Age 51)
Who are Paratek Pharmaceuticals' major shareholders?
Paratek Pharmaceuticals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.44%), Highland Capital Management LP (8.26%), C WorldWide Group Holding A S (1.60%), Water Island Capital LLC (1.37%), General American Investors Co. Inc. (1.38%) and Royce & Associates LP (1.23%). Company insiders that own Paratek Pharmaceuticals stock include Adam Woodrow, Douglas W Pagan, Evan Loh, Michael Bigham, Robert S Radie and William M Haskel. View Institutional Ownership Trends for Paratek Pharmaceuticals.
Which institutional investors are selling Paratek Pharmaceuticals stock?
PRTK stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Man Group plc, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Virtus ETF Advisers LLC, C WorldWide Group Holding A S, Morgan Stanley, Royce & Associates LP and Credit Suisse AG. Company insiders that have sold Paratek Pharmaceuticals company stock in the last year include Adam Woodrow, Douglas W Pagan, Evan Loh, Michael Bigham, Robert S Radie and William M Haskel. View Insider Buying and Selling for Paratek Pharmaceuticals.
Which institutional investors are buying Paratek Pharmaceuticals stock?
PRTK stock was bought by a variety of institutional investors in the last quarter, including Highland Capital Management LP, Dimensional Fund Advisors LP, Water Island Capital LLC, BlackRock Inc., Wedbush Securities Inc., Baird Financial Group Inc., General American Investors Co. Inc. and JPMorgan Chase & Co.. View Insider Buying and Selling for Paratek Pharmaceuticals.
How do I buy shares of Paratek Pharmaceuticals?
Shares of PRTK 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 Paratek Pharmaceuticals' stock price today?
One share of PRTK stock can currently be purchased for approximately $7.27.
How big of a company is Paratek Pharmaceuticals?
Paratek Pharmaceuticals has a market capitalization of $233.34 million and generates $12.62 million in revenue each year. The specialty pharmaceutical company earns $-89,060,000.00 in net income (profit) each year or ($3.30) on an earnings per share basis. Paratek Pharmaceuticals employs 83 workers across the globe.
What is Paratek Pharmaceuticals' official website?
How can I contact Paratek Pharmaceuticals?
Paratek Pharmaceuticals' mailing address is 75 PARK PLAZA, BOSTON MA, 02116. The specialty pharmaceutical company can be reached via phone at 617-807-6600 or via email at [email protected]
MarketBeat Community Rating for Paratek Pharmaceuticals (NASDAQ PRTK)
MarketBeat's community ratings are surveys of what our community members think about Paratek Pharmaceuticals and other stocks. Vote "Outperform" if you believe PRTK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRTK will underperform the S&P 500 over the long term. You may vote once every thirty days.
