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QQQ   303.59
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S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
Mullen Automotive Stock, The Tide Has Turned
Profit From the Commercial Solar Boom? (Ad)
Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
What do Mastercard Earnings Indicate About Consumer Spending?
Profit From the Commercial Solar Boom? (Ad)
How to Find Penny Stocks to Invest and Trade
ONSemi Is Marching Higher On Great Results
A gold storm is coming… (Ad)
What Tyson Foods Q1 Means For Staples Stocks
Can Cummins Power To A New High? 
S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
Mullen Automotive Stock, The Tide Has Turned
Profit From the Commercial Solar Boom? (Ad)
Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
What do Mastercard Earnings Indicate About Consumer Spending?
Profit From the Commercial Solar Boom? (Ad)
How to Find Penny Stocks to Invest and Trade
ONSemi Is Marching Higher On Great Results
A gold storm is coming… (Ad)
What Tyson Foods Q1 Means For Staples Stocks
Can Cummins Power To A New High? 
NASDAQ:PTE

PolarityTE - PTE Stock Forecast, Price & News

$0.81
+0.02 (+2.53%)
(As of 02/6/2023 12:00 AM ET)
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Compare
Today's Range
$0.78
$0.81
50-Day Range
$0.63
$0.83
52-Week Range
$0.61
$13.00
Volume
15,856 shs
Average Volume
68,769 shs
Market Capitalization
$5.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.00

PolarityTE MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
23.5% Upside
$1.00 Price Target
Short Interest
Healthy
2.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($4.60) to ($3.70) Per Share

Overall MarketRank

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

1.70 out of 5 stars

PTE stock logo

About PolarityTE (NASDAQ:PTE) Stock

PolarityTE, Inc. is a biotechnology company developing and commercializing regenerative tissue products and biomaterials. The firm products include SkinTE Cryo, SkinTE POC, PTE 11000, OsteoTE and Real Time Assistant. Its SkinTE product is commercially available for the repair, reconstruction, replacement, and supplementation of skin in patients who have a need for treatment of acute or chronic wounds, burns, surgical reconstruction events, scar revision, or removal of dysfunctional skin grafts. The firm operates through the following segments: regenerative medicine products and contract services. PolarityTE was founded on May 8, 1998 and is headquartered in Salt Lake City, UT.

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PTE Stock News Headlines

Profit From the Commercial Solar Boom?
Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered.
Profit From the Commercial Solar Boom?
Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered.
Recap: PolarityTE Q2 Earnings - Benzinga
See More Headlines
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PTE Company Calendar

Last Earnings
11/10/2022
Today
2/07/2023
Next Earnings (Estimated)
3/29/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Biological products, except diagnostic
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:PTE
Employees
80
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$1.00
High Stock Price Forecast
$1.00
Low Stock Price Forecast
$1.00
Forecasted Upside/Downside
+23.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-30,190,000.00
Net Margins
-451.82%
Pretax Margin
-851.67%

Debt

Sales & Book Value

Annual Sales
$9.40 million
Book Value
$5.87 per share

Miscellaneous

Free Float
6,843,000
Market Cap
$5.86 million
Optionable
Optionable
Beta
1.23

Key Executives

  • Richard HagueRichard Hague
    President & Chief Executive Officer
  • Jacob Patterson
    Chief Financial Officer
  • Stephen Milner
    Chief Clinical Officer
  • Ryan Mathis
    Chief Medical Officer
  • Nikolai Sopko
    CSO, VP-Research & Development













PTE Stock - Frequently Asked Questions

Should I buy or sell PolarityTE stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PolarityTE in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PTE shares.
View PTE analyst ratings
or view top-rated stocks.

What is PolarityTE's stock price forecast for 2023?

2 equities research analysts have issued 12-month price targets for PolarityTE's stock. Their PTE share price forecasts range from $1.00 to $1.00. On average, they expect the company's stock price to reach $1.00 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
View analysts price targets for PTE
or view top-rated stocks among Wall Street analysts.

How have PTE shares performed in 2023?

PolarityTE's stock was trading at $0.6551 at the start of the year. Since then, PTE shares have increased by 23.6% and is now trading at $0.81.
View the best growth stocks for 2023 here
.

Are investors shorting PolarityTE?

PolarityTE saw a increase in short interest in January. As of January 15th, there was short interest totaling 142,800 shares, an increase of 15.0% from the December 31st total of 124,200 shares. Based on an average trading volume of 186,700 shares, the short-interest ratio is currently 0.8 days. Currently, 2.2% of the company's stock are short sold.
View PolarityTE's Short Interest
.

When is PolarityTE's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 29th 2023.
View our PTE earnings forecast
.

How were PolarityTE's earnings last quarter?

PolarityTE, Inc. (NASDAQ:PTE) posted its earnings results on Thursday, November, 10th. The company reported ($0.75) EPS for the quarter, beating analysts' consensus estimates of ($1.21) by $0.46. PolarityTE had a negative trailing twelve-month return on equity of 159.54% and a negative net margin of 451.82%.

When did PolarityTE's stock split?

PolarityTE shares reverse split before market open on Tuesday, May 17th 2022. The 1-25 reverse split was announced on Tuesday, May 17th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, May 17th 2022. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

What other stocks do shareholders of PolarityTE own?
What is PolarityTE's stock symbol?

PolarityTE trades on the NASDAQ under the ticker symbol "PTE."

Who are PolarityTE's major shareholders?

PolarityTE's stock is owned by a number of retail and institutional investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Cameron J Hoyler, David B Seaburg, David B Seaburg, David M Rothenstein, Jeffrey Hansen Dyer, Paul Elliot Mann, Peter A Cohen and Richard Hague.
View institutional ownership trends
.

How do I buy shares of PolarityTE?

Shares of PTE 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 PolarityTE's stock price today?

One share of PTE stock can currently be purchased for approximately $0.81.

How much money does PolarityTE make?

PolarityTE (NASDAQ:PTE) has a market capitalization of $5.86 million and generates $9.40 million in revenue each year. The company earns $-30,190,000.00 in net income (profit) each year or ($5.96) on an earnings per share basis.

How can I contact PolarityTE?

PolarityTE's mailing address is 123 NORTH WRIGHT BROTHERS DRIVE, SALT LAKE CITY UT, 84116. The official website for the company is www.polarityte.com. The company can be reached via phone at (800) 560-3983, via email at ir@polarityte.com, or via fax at 302-636-5454.

This page (NASDAQ:PTE) was last updated on 2/7/2023 by MarketBeat.com Staff