NASDAQ:PTE PolarityTE (PTE) Stock Forecast, Price & News $0.40 -0.01 (-2.44%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$0.38▼$0.4250-Day Range$0.37▼$0.6352-Week Range$0.35▼$2.74Volume21,482 shsAverage Volume39,206 shsMarket Capitalization$2.95 millionP/E RatioN/ADividend YieldN/APrice Target$1.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PolarityTE MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside150.0% Upside$1.00 Price TargetShort InterestHealthy1.59% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 stars 3.5 Analyst's Opinion Consensus RatingPolarityTE has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.00, PolarityTE has a forecasted upside of 150.0% from its current price of $0.40.Amount of Analyst CoveragePolarityTE has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.59% of the float of PolarityTE has been sold short.Short Interest Ratio / Days to CoverPolarityTE has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PolarityTE has recently decreased by 5.72%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPolarityTE does not currently pay a dividend.Dividend GrowthPolarityTE does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PTE. Previous Next N/A News and Social Media Coverage Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PolarityTE insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.40% of the stock of PolarityTE is held by insiders.Percentage Held by InstitutionsOnly 11.75% of the stock of PolarityTE is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of PolarityTE is -0.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of PolarityTE is -0.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPolarityTE has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PolarityTE (NASDAQ:PTE) StockPolarityTE, 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.Read More Receive PTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PolarityTE and its competitors with MarketBeat's FREE daily newsletter. Email Address PTE Stock News HeadlinesMay 24, 2023 | americanbankingnews.comAnalyzing PolarityTE (NASDAQ:PTE) & Exscientia (NASDAQ:EXAI)May 15, 2023 | uk.finance.yahoo.comPolarityTE, Inc. (PTE) stock price, news, quote & history – Yahoo FinanceJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.April 25, 2023 | finance.yahoo.comPolarityTE, Inc. (PTE) May Find a Bottom Soon, Here's Why You Should Buy the Stock NowApril 17, 2023 | americanbankingnews.comAnalyzing PolarityTE (NASDAQ:PTE) & Vaxart (NASDAQ:VXRT)April 4, 2023 | americanbankingnews.comFY2023 EPS Estimates for PolarityTE, Inc. Raised by Northland Capmk (NASDAQ:PTE)March 31, 2023 | americanbankingnews.comBrokers Set Expectations for PolarityTE, Inc.'s Q1 2023 Earnings (NASDAQ:PTE)March 31, 2023 | americanbankingnews.comQ1 2023 Earnings Estimate for PolarityTE, Inc. (NASDAQ:PTE) Issued By Northland CapmkJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.March 29, 2023 | finance.yahoo.comPolarityTE Full Year 2022 Earnings: EPS Misses ExpectationsMarch 23, 2023 | finance.yahoo.comWhen Can We Expect A Profit From PolarityTE, Inc. (NASDAQ:PTE)?December 30, 2022 | msn.comNorthland Capital Markets Maintains Outperform Rating for PolarityTE: Here's What You Need To KnowDecember 27, 2022 | finance.yahoo.comPolarityTE Announces Entry Into a Letter of Intent For Acquisition of the CompanyDecember 12, 2022 | finance.yahoo.comPolarityTE, Inc. (PTE) Stock Historical Prices & Data - Yahoo FinanceNovember 10, 2022 | finance.yahoo.comPolarityTE Reports Third Quarter 2022 Financial Results and Provides Business UpdateNovember 9, 2022 | finance.yahoo.comPolarityTE Shares Jump After Non-Binding Buyout Offer Of $1.25/ShareNovember 9, 2022 | finance.yahoo.comPolarityTE Confirms Receipt of Unsolicited, Non-Binding Offer to Acquire the CompanyOctober 17, 2022 | msn.comUS Futures Higher as Bank of America Reports Better-Than-Expected Earnings - msnNOWOctober 14, 2022 | nasdaq.comPolarityTE, Inc. (PTE) Upgraded to Strong Buy: Here's What You Should Know - NasdaqOctober 13, 2022 | finance.yahoo.comPolarityTE, Inc. (PTE) Upgraded to Strong Buy: Here's What You Should KnowSeptember 24, 2022 | reuters.comPTE.OQ - Polarityte Inc | Stock Price & Latest News | ReutersSeptember 19, 2022 | seekingalpha.comASP Isotopes Starts $30 Million U.S. IPO Process (Pending:ASPI) - Seeking AlphaSeptember 14, 2022 | benzinga.comPolarityTE (NASDAQ:PTE) – PolarityTE to Present at the H.C. Wainwright 24th Annual Global Investment Conf - BenzingaSeptember 13, 2022 | streetinsider.comPolarityTE to Present at the H.C. Wainwright 24th Annual Global Investment Conference on September 14, 2022 - StreetInsider.comSeptember 13, 2022 | finance.yahoo.comPolarityTE to Present at the H.C. Wainwright 24th Annual Global Investment Conference on September 14, 2022September 8, 2022 | prnewswire.comPolarityTE Announces Resignation of Jeff Dyer from its Board of Directors - PR NewswireSeptember 8, 2022 | finance.yahoo.comPolarityTE Announces Resignation of Jeff Dyer from its Board of DirectorsSee More Headlines PTE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PTE Company Calendar Last Earnings11/10/2021Today6/04/2023Next Earnings (Estimated)6/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:PTE CUSIPN/A CIK1076682 Webwww.polarityte.com Phone(800) 560-3983Fax302-636-5454Employees80Year Founded1986Price Target and Rating Average Stock Price Forecast$1.00 High Stock Price Forecast$1.00 Low Stock Price Forecast$1.00 Forecasted Upside/Downside+150.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($5.96) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-7,830,000.00 Net MarginsN/A Pretax Margin-11,376.71% Return on Equity-106.08% Return on Assets-76.91% Debt Debt-to-Equity RatioN/A Current Ratio4.11 Quick Ratio4.11 Sales & Book Value Annual Sales$810,000.00 Price / Sales3.64 Cash FlowN/A Price / Cash FlowN/A Book Value$1.68 per share Price / Book0.24Miscellaneous Outstanding Shares7,380,000Free Float6,978,000Market Cap$2.95 million OptionableOptionable Beta1.15 Social Links Key ExecutivesRichard HaguePresident & Chief Executive OfficerJacob PattersonChief Financial OfficerStephen MilnerChief Clinical OfficerRyan MathisChief Medical OfficerNikolai SopkoCSO, VP-Research & DevelopmentKey CompetitorsBiondVax PharmaceuticalsNASDAQ:BVXVFresh Tracks TherapeuticsNASDAQ:FRTXKiromic BioPharmaNASDAQ:KRBPRubius TherapeuticsNASDAQ:RUBYBrookline Capital AcquisitionNASDAQ:BCACView All CompetitorsInsidersPeter A CohenSold 15,106 sharesTotal: $20,090.98 ($1.33/share)View All Insider Transactions PTE Stock - Frequently Asked Questions Should I buy or sell PolarityTE stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PolarityTE in the last year. There are currently 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? 1 analysts have issued 12 month target prices for PolarityTE's stock. Their PTE share price forecasts range from $1.00 to $1.00. On average, they anticipate the company's stock price to reach $1.00 in the next twelve months. This suggests a possible upside of 150.0% 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 beginning of the year. Since then, PTE shares have decreased by 38.9% and is now trading at $0.40. View the best growth stocks for 2023 here. When is PolarityTE's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, June 5th 2023. View our PTE earnings forecast. How were PolarityTE's earnings last quarter? PolarityTE, Inc. (NASDAQ:PTE) announced its quarterly earnings results on Wednesday, November, 10th. The company reported ($2.25) earnings per share for the quarter, topping analysts' consensus estimates of ($3.00) by $0.75. The business had revenue of $1.12 million for the quarter, compared to the consensus estimate of $0.97 million. During the same quarter in the prior year, the company earned ($4.50) EPS. When did PolarityTE's stock split? PolarityTE's stock 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 closing bell 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? Based on aggregate information from My MarketBeat watchlists, some companies that other PolarityTE investors own include Bionano Genomics (BNGO), Gran Tierra Energy (GTE), Matinas BioPharma (MTNB), Pennsylvania Real Estate Investment Trust (PEI), CNBX Pharmaceuticals (CNBX), Novan (NOVN), Zosano Pharma (ZSAN), ADMA Biologics (ADMA), KushCo (KSHB) and Aeterna Zentaris (AEZS). What is PolarityTE's stock symbol? PolarityTE trades on the NASDAQ under the ticker symbol "PTE." 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 $0.40. How much money does PolarityTE make? PolarityTE (NASDAQ:PTE) has a market capitalization of $2.95 million and generates $810,000.00 in revenue each year. The company earns $-7,830,000.00 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PolarityTE, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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