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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
3 Reasons This Tech Giant Is Going Back To Highs
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
3 Reasons This Tech Giant Is Going Back To Highs
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
3 Reasons This Tech Giant Is Going Back To Highs
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida

PTC Therapeutics (PTCT) Stock Forecast, Price & News

$25.53
-0.15 (-0.58%)
(As of 09/20/2023 ET)
Compare
Today's Range
$25.43
$26.89
50-Day Range
$24.28
$41.80
52-Week Range
$23.57
$59.84
Volume
1.34 million shs
Average Volume
1.13 million shs
Market Capitalization
$1.92 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$39.57

PTC Therapeutics MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
55.0% Upside
$39.57 Price Target
Short Interest
Bearish
9.82% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.38
Upright™ Environmental Score
News Sentiment
-0.21mentions of PTC Therapeutics in the last 14 days
Based on 50 Articles This Week
Insider Trading
Selling Shares
$465,007 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($5.46) to ($4.34) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

Medical Sector

556th out of 961 stocks

Pharmaceutical Preparations Industry

257th out of 455 stocks


PTCT stock logo

About PTC Therapeutics (NASDAQ:PTCT) Stock

PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to patients with rare disorders. Its portfolio pipeline includes commercial products and product candidates in various stages of development, including clinical, pre-clinical and research and discovery stages, focuses on the development of treatments for multiple therapeutic areas, such as rare diseases. The company offers Translarna and Emflaza for the treatment of Duchenne muscular dystrophy in the European Economic Area and the United States, as well as to treat nonsense mutation Duchenne muscular dystrophy in Brazil and Russia; commercializes Tegsedi and Waylivra for the treatment of rare diseases in Latin America and the Caribbean; and markets Evrysdi for the treatment of spinal muscular atrophy in adults and children two months and older in Brazil. The company's splicing platform includes PTC518, which is being developed for the treatment of Huntington's disease; bio-e platform, such as vatiquinone and utreloxastat; metabolic platform comprising sepiapterin; gene therapy platform, including an asset targeting Friedreich ataxia; oncology platform, such as Unesbulin; and other multi-platform. PTC Therapeutics, Inc. has collaborations with F. Hoffman-La Roche Ltd and Hoffman-La Roche Inc., as well as the Spinal Muscular Atrophy Foundation to advance drug discovery and development research in regenerative medicine; and Akcea Therapeutics, Inc. to commercialize Tegsedi and Waylivra for the treatment of rare diseases in Latin America and the Caribbean. PTC Therapeutics, Inc. was incorporated in 1998 and is headquartered in South Plainfield, New Jersey.

PTCT Price History

PTCT Stock News Headlines

How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
PTC Therapeutics (NASDAQ:PTCT) Price Target Cut to $26.00
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
PTC Therapeutics (NASDAQ:PTCT) Price Target Cut to $45.00
Citigroup Lowers PTC Therapeutics (NASDAQ:PTCT) to Neutral
PTC Therapeutics (NASDAQ:PTCT) Shares Gap Down on Analyst Downgrade
Citigroup Downgrades PTC Therapeutics (PTCT)
PTC Therapeutics (NASDAQ:PTCT) Reaches New 1-Year Low at $24.43
Goldman Sachs Keeps Their Sell Rating on PTC Therapeutics (PTCT)
PTC Therapeutics slumps on European snub for DMD drug
See More Headlines
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PTCT Company Calendar

Last Earnings
8/03/2023
Today
9/21/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:PTCT
Employees
1,410
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$39.57
High Stock Price Forecast
$73.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+55.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
13 Analysts

Profitability

Net Income
$-559,020,000.00
Pretax Margin
-84.20%

Debt

Sales & Book Value

Annual Sales
$698.80 million
Book Value
($4.76) per share

Miscellaneous

Free Float
71,352,000
Market Cap
$1.92 billion
Optionable
Optionable
Beta
0.37
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Key Executives

  • Dr. Matthew B. Klein F.A.C.S. (Age 51)
    FACS, M.D., M.S., MS, CEO & Director
    Comp: $995.4k
  • Dr. Stuart W. Peltz Ph.D. (Age 63)
    Co-Founder, Sr. Consultant & Member of Scientific Advisory Board
    Comp: $1.54M
  • Dr. Allan Steven Jacobson Ph.D.Dr. Allan Steven Jacobson Ph.D. (Age 77)
    Co-Founder, Chairman of Scientific Advisory Board & Independent Director
    Comp: $145k
  • Dr. Neil Almstead Ph.D. (Age 56)
    Chief Technical Operations Officer
    Comp: $829.97k
  • Mr. Eric PauwelsMr. Eric Pauwels (Age 62)
    Chief Bus. Officer
    Comp: $847.67k
  • Mr. Pierre Gravier (Age 38)
    Chief Financial Officer
  • Ms. Christine Utter (Age 45)
    Sr. VP, Chief Accounting Officer & Head of People Services
  • Ms. Ellen Welch Ph.D.
    Chief Scientific Officer
  • Alex Kane
    Investor Relations Officer
  • Mr. Mark Elliott BouldingMr. Mark Elliott Boulding (Age 62)
    Exec. VP & Chief Legal Officer













PTCT Stock - Frequently Asked Questions

Should I buy or sell PTC Therapeutics stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PTC Therapeutics in the last year. There are currently 3 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PTCT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PTCT, but not buy additional shares or sell existing shares.
View PTCT analyst ratings
or view top-rated stocks.

What is PTC Therapeutics' stock price forecast for 2023?

13 Wall Street analysts have issued 1-year target prices for PTC Therapeutics' shares. Their PTCT share price forecasts range from $22.00 to $73.00. On average, they expect the company's share price to reach $39.57 in the next twelve months. This suggests a possible upside of 55.0% from the stock's current price.
View analysts price targets for PTCT
or view top-rated stocks among Wall Street analysts.

How have PTCT shares performed in 2023?

PTC Therapeutics' stock was trading at $38.17 at the beginning of 2023. Since then, PTCT shares have decreased by 33.1% and is now trading at $25.53.
View the best growth stocks for 2023 here
.

When is PTC Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our PTCT earnings forecast
.

How were PTC Therapeutics' earnings last quarter?

PTC Therapeutics, Inc. (NASDAQ:PTCT) posted its quarterly earnings results on Thursday, August, 3rd. The biopharmaceutical company reported ($2.66) EPS for the quarter, missing analysts' consensus estimates of ($1.58) by $1.08. The biopharmaceutical company earned $213.80 million during the quarter, compared to the consensus estimate of $206.99 million. PTC Therapeutics's quarterly revenue was up 29.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($2.13) earnings per share.

What guidance has PTC Therapeutics issued on next quarter's earnings?

PTC Therapeutics issued an update on its FY 2023 earnings guidance on Wednesday, July, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $940.00M-$1.00 billion, compared to the consensus revenue estimate of $961.42 million.

What is Stuart W. Peltz's approval rating as PTC Therapeutics' CEO?

24 employees have rated PTC Therapeutics Chief Executive Officer Stuart W. Peltz on Glassdoor.com. Stuart W. Peltz has an approval rating of 77% among the company's employees.

What other stocks do shareholders of PTC Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PTC Therapeutics investors own include Baidu (BIDU), Sarepta Therapeutics (SRPT), Alibaba Group (BABA), GW Pharmaceuticals (GWPH), Bausch Health Companies (BHC), NVIDIA (NVDA), Cisco Systems (CSCO), Regulus Therapeutics (RGLS), Aduro Biotech (ADRO) and Gilead Sciences (GILD).

What is PTC Therapeutics' stock symbol?

PTC Therapeutics trades on the NASDAQ under the ticker symbol "PTCT."

Who are PTC Therapeutics' major shareholders?

PTC Therapeutics' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (4.21%), Geode Capital Management LLC (1.94%), Bank of New York Mellon Corp (1.28%), JPMorgan Chase & Co. (1.23%), Cowen AND Company LLC (1.08%) and Northern Trust Corp (0.91%). Insiders that own company stock include Alethia Young, Allan Steven Jacobson, Christine Marie Utter, David P Southwell, Dawn Svoronos, Emily Luisa Hill, Emma Reeve, Eric Pauwels, Mark Elliott Boulding, Matthew B Klein, Matthew B Klein, Neil Gregory Almstead, Stephanie Okey and Stuart Walter Peltz.
View institutional ownership trends
.

How do I buy shares of PTC Therapeutics?

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

What is PTC Therapeutics' stock price today?

One share of PTCT stock can currently be purchased for approximately $25.53.

How much money does PTC Therapeutics make?

PTC Therapeutics (NASDAQ:PTCT) has a market capitalization of $1.92 billion and generates $698.80 million in revenue each year. The biopharmaceutical company earns $-559,020,000.00 in net income (profit) each year or ($8.42) on an earnings per share basis.

How many employees does PTC Therapeutics have?

The company employs 1,410 workers across the globe.

How can I contact PTC Therapeutics?

PTC Therapeutics' mailing address is 100 CORPORATE COURT, SOUTH PLAINFIELD NJ, 07080. The official website for the company is www.ptcbio.com. The biopharmaceutical company can be reached via phone at (908) 222-7000, via email at ehill@ptcbio.com, or via fax at 908-222-7231.

This page (NASDAQ:PTCT) was last updated on 9/21/2023 by MarketBeat.com Staff

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