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NASDAQ:PTCTPTC Therapeutics Stock Price, Forecast & News

$47.84
-2.09 (-4.19 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$47.08
Now: $47.84
$49.69
50-Day Range
$44.50
MA: $49.36
$53.85
52-Week Range
$30.79
Now: $47.84
$59.89
Volume561,600 shs
Average Volume867,486 shs
Market Capitalization$3.01 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.45
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.49 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:PTCT
CUSIPN/A
Phone908-222-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$306.98 million
Book Value$9.64 per share

Profitability

Net Income$-251,580,000.00

Miscellaneous

Employees511
Market Cap$3.01 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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PTC Therapeutics (NASDAQ:PTCT) Frequently Asked Questions

How has PTC Therapeutics' stock been impacted by COVID-19 (Coronavirus)?

PTC Therapeutics' stock was trading at $47.08 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PTCT stock has increased by 1.6% and is now trading at $47.84. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of PTC Therapeutics?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC Therapeutics in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PTC Therapeutics.

When is PTC Therapeutics' next earnings date?

PTC Therapeutics is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for PTC Therapeutics.

How were PTC Therapeutics' earnings last quarter?

PTC Therapeutics, Inc. (NASDAQ:PTCT) announced its quarterly earnings results on Thursday, April, 30th. The biopharmaceutical company reported ($1.81) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.00) by $0.81. The biopharmaceutical company had revenue of $68.30 million for the quarter, compared to analyst estimates of $81.90 million. PTC Therapeutics had a negative return on equity of 46.42% and a negative net margin of 90.83%. The business's revenue was up 26.5% on a year-over-year basis. During the same quarter last year, the firm posted ($1.29) earnings per share. View PTC Therapeutics' earnings history.

What price target have analysts set for PTCT?

8 analysts have issued 1-year price targets for PTC Therapeutics' stock. Their forecasts range from $45.00 to $85.00. On average, they anticipate PTC Therapeutics' share price to reach $62.83 in the next year. This suggests a possible upside of 31.3% from the stock's current price. View analysts' price targets for PTC Therapeutics.

Has PTC Therapeutics been receiving favorable news coverage?

News coverage about PTCT stock has trended negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PTC Therapeutics earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned media coverage about the biopharmaceutical company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the near term. View the latest news aboutPTC Therapeutics.

Who are some of PTC Therapeutics' key competitors?

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 PLC- (GWPH), Bausch Health Companies (BHC), Regulus Therapeutics (RGLS), NVIDIA (NVDA), Cisco Systems (CSCO), Aduro BioTech (ADRO) and Gilead Sciences (GILD).

Who are PTC Therapeutics' key executives?

PTC Therapeutics' management team includes the following 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)

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 number of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (9.92%), Franklin Resources Inc. (8.78%), BlackRock Inc. (8.17%), State Street Corp (3.77%), Janus Henderson Group PLC (2.81%) and Alliancebernstein L.P. (2.55%). Company insiders that own PTC Therapeutics stock include Allan Steven Jacobson, Christine Marie Utter, Emily Luisa Hill, Marcio Souza, Mark Elliott Boulding, 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 Orbimed Advisors LLC, Bank of New York Mellon Corp, Federated Hermes Inc., Emerald Mutual Fund Advisers Trust, Pictet Asset Management Ltd., Emerald Advisers LLC, Morgan Stanley, and Morgan Stanley. Company insiders that have sold PTC Therapeutics company stock in the last year include Allan Steven Jacobson, Christine Marie Utter, Emily Luisa Hill, Marcio Souza, Mark Elliott Boulding, Neil Gregory Almstead, and Stuart Walter Peltz. View insider buying and selling activity for PTC Therapeutics.

Which major investors are buying PTC Therapeutics stock?

PTCT stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Alliancebernstein L.P., TimesSquare Capital Management LLC, Janus Henderson Group PLC, BlackRock Inc., Redwood Investments LLC, International Biotechnology Trust PLC, and Invesco Ltd.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is PTC Therapeutics' stock price today?

One share of PTCT stock can currently be purchased for approximately $47.84.

How big of a company is PTC Therapeutics?

PTC Therapeutics has a market capitalization of $3.01 billion and generates $306.98 million in revenue each year. The biopharmaceutical company earns $-251,580,000.00 in net income (profit) each year or ($3.45) on an earnings per share basis. PTC Therapeutics employs 511 workers across the globe.

What is PTC Therapeutics' official website?

The official website for PTC Therapeutics is www.ptcbio.com.

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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