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
SymbolNASDAQ:PRTK
CUSIP89354M10
Phone617-807-6600
Debt
Debt-to-Equity Ratio2.37
Current Ratio7.88
Quick Ratio7.88
Price-To-Earnings
Trailing P/E Ratio-3.09
Forward P/E Ratio-3.02
P/E GrowthN/A
Sales & Book Value
Annual Sales$12.62 million
Price / Sales25.65
Cash FlowN/A
Price / CashN/A
Book Value$2.65 per share
Price / Book3.85
Profitability
EPS (Most Recent Fiscal Year)($3.30)
Net Income$-89,060,000.00
Net Margins-1,961.41%
Return on Equity-106.39%
Return on Assets-47.25%
Miscellaneous
Employees83
Outstanding Shares31,730,000
Market Cap$317.30 million
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) announced its quarterly earnings data on Thursday, August, 2nd. The specialty pharmaceutical company reported ($0.94) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.92) by $0.02. The specialty pharmaceutical company earned $0.04 million during the quarter, compared to analyst estimates of $0.10 million. Paratek Pharmaceuticals had a negative net margin of 1,961.41% and a negative return on equity of 106.39%. View Paratek Pharmaceuticals' Earnings History.
When is Paratek Pharmaceuticals' next earnings date?
What price target have analysts set for PRTK?
8 analysts have issued 12 month price objectives for Paratek Pharmaceuticals' stock. Their predictions range from $20.00 to $55.00. On average, they expect Paratek Pharmaceuticals' share price to reach $40.8333 in the next year. This suggests a possible upside of 300.3% 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 8 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)
Who are some of Paratek Pharmaceuticals' key competitors?
Some companies that are related to Paratek Pharmaceuticals include Esperion Therapeutics (ESPR), TherapeuticsMD (TXMD), Eagle Pharmaceuticals (EGRX), Athenex (ATNX), Lexicon Pharmaceuticals (LXRX), Intra-Cellular Therapies (ITCI), Vanda Pharmaceuticals (VNDA), Endocyte (ECYT), Zai Lab (ZLAB), Karyopharm Therapeutics (KPTI), CytomX Therapeutics (CTMX), Rhythm Pharmaceuticals (RYTM), Retrophin (RTRX), Apellis Pharmaceuticals (APLS) and Radius Health (RDUS).
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)
Has Paratek Pharmaceuticals been receiving favorable news coverage?
Media headlines about PRTK stock have trended somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Paratek Pharmaceuticals earned a coverage optimism score of 0.11 on Accern's scale. They also gave news headlines about the specialty pharmaceutical company an impact score of 46.87 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Paratek Pharmaceuticals.
Who are Paratek Pharmaceuticals' major shareholders?
Paratek Pharmaceuticals' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.14%), Highland Capital Management LP (6.04%), Renaissance Technologies LLC (1.70%), C WorldWide Group Holding A S (1.70%), Royce & Associates LP (1.30%) and General American Investors Co. Inc. (1.22%). 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 major investors are selling Paratek Pharmaceuticals stock?
PRTK stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Suffolk Capital Management LLC, Boston Partners, Trexquant Investment LP, Alps Advisors Inc. and Alps Advisors Inc.. 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 major investors are buying Paratek Pharmaceuticals stock?
PRTK stock was acquired by a variety of institutional investors in the last quarter, including Highland Capital Management LP, BlackRock Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Granahan Investment Management Inc. MA, Baird Financial Group Inc., General American Investors Co. Inc., Los Angeles Capital Management & Equity Research Inc. and Roumell Asset Management LLC. 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 $10.20.
How big of a company is Paratek Pharmaceuticals?
Paratek Pharmaceuticals has a market capitalization of $317.30 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.
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.
