PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines for the treatment of rare disorders. The company offers Translarna (ataluren) and Emflaza (deflazacort) for the treatment of nonsense mutation Duchenne muscular dystrophy in ambulatory patients. It is developing Translarna, which is in Phase 2 clinical study for the treatment of nonsense mutation aniridia and nonsense mutation Dravet syndrome/CDKL5; and RG7916 and RO7034067 for the treatment of patients with spinal muscular atrophy, as well as PTC596 and PTC299, a small molecule dihydrooratate dehydrogenase (DHODH) inhibitor that inhibits de novo pyrimidine nucleotide synthesis, which is in Phase 1 clinical development stage to treat cancer patients. The company is also developing gene therapy product candidate that include PTC-AADC for the treatment of Aromatic L-amino acid decarboxylase deficiency. It has collaborations with F. Hoffman-La Roche Ltd and Hoffman-La Roche Inc., and the Spinal Muscular Atrophy Foundation to develop and commercialize compounds identified under its spinal muscular atrophy sponsored research program; research collaboration with Massachusetts General Hospital for the treatment of rare genetic disorders resulting from pre-mRNA; 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 founded in 1998 and is headquartered in South Plainfield, New Jersey.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone908-222-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$264.73 million
Profitability
Miscellaneous
Employees511
Next Earnings Date5/2/2019 (Confirmed)
OptionableOptionable
PTC Therapeutics (NASDAQ:PTCT) Frequently Asked Questions
What is PTC Therapeutics' stock symbol?
PTC Therapeutics trades on the NASDAQ under the ticker symbol "PTCT."
How were PTC Therapeutics' earnings last quarter?
PTC Therapeutics, Inc. (NASDAQ:PTCT) released its quarterly earnings data on Thursday, February, 28th. The biopharmaceutical company reported ($0.46) EPS for the quarter, missing the consensus estimate of ($0.43) by $0.03. The biopharmaceutical company earned $86.34 million during the quarter, compared to analysts' expectations of $85.41 million. PTC Therapeutics had a negative net margin of 48.38% and a negative return on equity of 31.63%. View PTC Therapeutics' Earnings History.
When is PTC Therapeutics' next earnings date?
How can I listen to PTC Therapeutics' earnings call?
PTC Therapeutics will be holding an earnings conference call on Thursday, May 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773039216.
What price target have analysts set for PTCT?
9 brokerages have issued 12-month target prices for PTC Therapeutics' shares. Their predictions range from $31.00 to $61.00. On average, they expect PTC Therapeutics' stock price to reach $47.25 in the next year. This suggests a possible upside of 24.3% from the stock's current price. View Analyst Price Targets for PTC Therapeutics.
What is the consensus analysts' recommendation for PTC Therapeutics?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC Therapeutics in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PTC Therapeutics.
What are Wall Street analysts saying about PTC Therapeutics stock?
Here are some recent quotes from research analysts about PTC Therapeutics stock:
- 1. According to Zacks Investment Research, "PTC Therapeutics, Inc. is a biopharmaceutical company. It is focused on the discovery and development of orally administered, small-molecule drugs for genetic disorders, oncology and infectious disease. PTC Therapeutics, Inc. is based in South Plainfield, United States. " (3/5/2019)
- 2. Cantor Fitzgerald analysts commented, ". We reiterate our Overweight rating and $61 Price Target and think that risk/reward is positive for PTC heading into updates on SMA and AADC. After today’s update, we remain confident in both the regulatory and commercial pathway for risdiplam and view it as a largely underappreciated opportunity for PTC. The company is eligible to receive $15M in milestone payments each for NDA and MAA filings and $20M each for first US and EU sale. We model $3B 2025 WW sales for risdiplam and $360M 2025 royalties to PTC on an unadjusted basis. We expect further updates on these data at AAN (May 4-10)." (2/28/2019)
- 3. William Blair analysts commented, "We show reported earnings, our estimates, and consensus in exhibit 1." (11/6/2018)
Has PTC Therapeutics been receiving favorable news coverage?
Media headlines about PTCT stock have trended somewhat positive this week, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. PTC Therapeutics earned a news impact score of 1.5 on InfoTrie's scale. They also assigned media stories about the biopharmaceutical company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.
Who are some of PTC Therapeutics' key competitors?
Some companies that are related to PTC Therapeutics include Marina Biotech (MRNA), Sarepta Therapeutics (SRPT), Bausch Health Companies (BHC), SAGE Therapeutics (SAGE), Jazz Pharmaceuticals (JAZZ), Loxo Oncology (LOXO), Beigene (BGNE), Dr.Reddy's Laboratories (RDY), Perrigo (PRGO), Catalent (CTLT), Amarin (AMRN), GALAPAGOS NV/S (GLPG), Alkermes (ALKS), Nektar Therapeutics (NKTR) and Array Biopharma (ARRY).
What other stocks do shareholders of PTC Therapeutics own?
Who are PTC Therapeutics' key executives?
PTC Therapeutics' management team includes the folowing people:
- Dr. Stuart W. Peltz, Co-Founder, CEO & Exec. Director (Age 59)
- Dr. Allan Steven Jacobson, Co-Founder, Chairman of Scientific Advisory Board & Director (Age 73)
- Ms. Christine Utter, Principal Financial Officer & Treasurer (Age 41)
- Mr. Marcio Souza, Chief Operating Officer (Age 40)
- Dr. Neil Almstead, Chief Technical Operations Officer (Age 52)
Who are PTC Therapeutics' major shareholders?
PTC Therapeutics' stock is owned by many different of retail and institutional investors. Top institutional investors include Oppenheimer & Co. Inc. (0.01%). Company insiders that own PTC Therapeutics stock include Christine Marie Utter, Dawn Svoronos, Marcio Souza, Michael Schmertzler, Neil Gregory Almstead and Stuart Walter Peltz. View Institutional Ownership Trends for PTC Therapeutics.
Which major investors are selling PTC Therapeutics stock?
PTCT stock was sold by a variety of institutional investors in the last quarter, including Oppenheimer & Co. Inc.. Company insiders that have sold PTC Therapeutics company stock in the last year include Christine Marie Utter, Marcio Souza, Neil Gregory Almstead and Stuart Walter Peltz. View Insider Buying and Selling for PTC Therapeutics.
How do I buy shares of PTC Therapeutics?
Shares of PTCT 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 PTC Therapeutics' stock price today?
One share of PTCT stock can currently be purchased for approximately $38.00.
How big of a company is PTC Therapeutics?
PTC Therapeutics has a market capitalization of $2.21 billion and generates $264.73 million in revenue each year. The biopharmaceutical company earns $-128,080,000.00 in net income (profit) each year or ($1.84) on an earnings per share basis. PTC Therapeutics employs 511 workers across the globe.
What is PTC Therapeutics' official website?
How can I contact PTC Therapeutics?
PTC Therapeutics' mailing address is 100 CORPORATE COURT, SOUTH PLAINFIELD NJ, 07080. The biopharmaceutical company can be reached via phone at 908-222-7000 or via email at [email protected]
MarketBeat Community Rating for PTC Therapeutics (NASDAQ PTCT)
MarketBeat's community ratings are surveys of what our community members think about PTC Therapeutics and other stocks. Vote "Outperform" if you believe PTCT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PTCT will underperform the S&P 500 over the long term. You may vote once every thirty days.
