Polarityte Stock Price, News & Analysis (NASDAQ:PTE)

$4.05
-0.12 (-2.88 %)
(As of 09/20/2019 08:38 AM ET)
Today's Range
$4.03
Now: $4.05
$4.21
50-Day Range
$3.5250
MA: $4.38
$5.15
52-Week Range
$3.40
Now: $4.05
$23.06
Volume136,898 shs
Average Volume359,276 shs
Market Capitalization$104.61 million
P/E RatioN/A
Dividend YieldN/A
Beta1.57
PolarityTE, Inc., a biotechnology and regenerative biomaterials company, focuses on discovering, designing, and developing a range of regenerative tissue products and biomaterials for the fields of medicine, biomedical engineering, and material sciences in the United States. The company operates in two segments, Regenerative Medicine and Contract Services. It offers SkinTE, a tissue product for treatment of defects of the skin, as well as contract research services. The company also develops OsteoTE, an autologous homologous bone regeneration product; and CartTE, an autologous cartilage regeneration product. In addition, it develops AdipoTE to optimize the delivery of autologous fat; AngioTE for vascular regeneration; NeuralTE for peripheral nerve injuries of the extremities, as well as for patients with neuromas or chronic compression due to joint replacements, migraines, craniofacial injuries, carpal tunnel syndrome, and those who have undergone hernia or abdominal-based procedures; UroTE for the delivery of autologous urogenital epithelium and submucosa; LiverTE to address various causes of liver failure; and BowelTE to deliver an optimized autologous construct to aid in the regeneration of bowel tissue. PolarityTE, Inc. is headquartered in Salt Lake City, Utah.

Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:PTE
CUSIPN/A
CIKN/A
Phone385-237-2279

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.56 million
Book Value$3.36 per share

Profitability

Miscellaneous

Employees123
Market Cap$104.61 million
Next Earnings DateN/A
OptionableOptionable

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Polarityte (NASDAQ:PTE) Frequently Asked Questions

What is Polarityte's stock symbol?

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

How were Polarityte's earnings last quarter?

Polarityte Inc (NASDAQ:PTE) announced its quarterly earnings results on Thursday, August, 8th. The company reported ($0.92) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.05) by $0.13. The firm had revenue of $1.32 million for the quarter, compared to analyst estimates of $1.57 million. The business's revenue was up 312.5% compared to the same quarter last year. During the same period last year, the firm posted ($0.74) EPS. View Polarityte's Earnings History.

What price target have analysts set for PTE?

7 analysts have issued 12-month price targets for Polarityte's stock. Their predictions range from $3.00 to $50.00. On average, they anticipate Polarityte's share price to reach $25.8571 in the next twelve months. This suggests a possible upside of 538.4% from the stock's current price. View Analyst Price Targets for Polarityte.

What is the consensus analysts' recommendation for Polarityte?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Polarityte in the last year. There are currently 1 sell rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Polarityte.

What are Wall Street analysts saying about Polarityte stock?

Here are some recent quotes from research analysts about Polarityte stock:
  • 1. According to Zacks Investment Research, "PolarityTE, Inc. creates regenerative medicine and provides tissue engineering platform. It develops and obtains regulatory approval for technology which utilizes a patient's own tissue substrates for regeneration of skin, bone, muscle, cartilage and nerves. The product pipeline comprises SkinTE, OsteoTE, AngioTE, MyoTE, CarteTE, AdiposeTE and NeuralTE. PolarityTE, Inc., formerly known as Majesco Entertainment Company, is headquatered in Salt lake City, Utah. " (8/14/2019)
  • 2. HC Wainwright analysts commented, "We are initiating coverage of PTE with 12-month price target of $8.00 per share. We derive our price target based on an NPV analysis of projected future revenues from SkinTE through 2029, assuming a 12% discount rate and a 1% terminal growth rate." (7/8/2019)

Has Polarityte been receiving favorable news coverage?

Media coverage about PTE stock has trended negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Polarityte earned a news impact score of -2.9 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Polarityte.

Are investors shorting Polarityte?

Polarityte saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 6,123,000 shares, an increase of 13.0% from the July 31st total of 5,420,200 shares. Based on an average trading volume of 338,800 shares, the days-to-cover ratio is currently 18.1 days. Currently, 53.1% of the company's shares are sold short. View Polarityte's Current Options Chain.

Who are some of Polarityte's key competitors?

What other stocks do shareholders of Polarityte own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Polarityte investors own include Wirecard (WDI), Polarityte (COOL), NuCana (NCNA), Tetraphase Pharmaceuticals (TTPH), Achaogen (AKAO), BioDelivery Sciences International (BDSI), Eyenovia (EYEN), FibroGen (FGEN), Intel (INTC) and Iovance Biotherapeutics (IOVA).

Who are Polarityte's key executives?

Polarityte's management team includes the folowing people:
  • Dr. Denver M. Lough, Chairman, CEO and Chief R&D Officer (Age 38)
  • Mr. Paul Elliot Mann, Chief Financial Officer
  • Mr. Richard Hague, Chief Operating Officer (Age 59)
  • Dr. David Blum, Chief Design & Technology Officer
  • Mr. Nikolai Sopko, Chief Scientific Officer and VP of R&D

Who are Polarityte's major shareholders?

Polarityte's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.00%), Vanguard Group Inc. (2.56%), William Blair Investment Management LLC (2.01%), Advisor Group Inc. (0.74%), Northern Trust Corp (0.61%) and Verition Fund Management LLC (0.44%). Company insiders that own Polarityte stock include Edward Winslow Swanson, Paul Elliot Mann, Peter A Cohen, Rainer M Erdtmann and Steve Gorlin. View Institutional Ownership Trends for Polarityte.

Which major investors are selling Polarityte stock?

PTE stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Verition Fund Management LLC, Advisor Group Inc. and Ladenburg Thalmann Financial Services Inc.. View Insider Buying and Selling for Polarityte.

Which major investors are buying Polarityte stock?

PTE stock was bought by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, BlackRock Inc., Vanguard Group Inc., D. E. Shaw & Co. Inc., GSA Capital Partners LLP, Parametric Portfolio Associates LLC, Bank of New York Mellon Corp and Cambridge Investment Research Advisors Inc.. Company insiders that have bought Polarityte stock in the last two years include Edward Winslow Swanson, Paul Elliot Mann, Peter A Cohen and Rainer M Erdtmann. View Insider Buying and Selling for Polarityte.

How do I buy shares of Polarityte?

Shares of PTE 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 Polarityte's stock price today?

One share of PTE stock can currently be purchased for approximately $4.05.

How big of a company is Polarityte?

Polarityte has a market capitalization of $104.61 million and generates $1.56 million in revenue each year. Polarityte employs 123 workers across the globe.View Additional Information About Polarityte.

What is Polarityte's official website?

The official website for Polarityte is http://www.polarityte.com/.

How can I contact Polarityte?

Polarityte's mailing address is 123 NORTH WRIGHT BROTHERS DRIVE, SALT LAKE CITY UT, 84116. The company can be reached via phone at 385-237-2279 or via email at [email protected]


MarketBeat Community Rating for Polarityte (NASDAQ PTE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  61 (Vote Outperform)
Underperform Votes:  64 (Vote Underperform)
Total Votes:  125
MarketBeat's community ratings are surveys of what our community members think about Polarityte and other stocks. Vote "Outperform" if you believe PTE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PTE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2019 by MarketBeat.com Staff

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