NASDAQ:RCKT - Rocket Pharmaceuticals Stock Price, News & Analysis

$11.25
+0.24 (+2.18 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$11.03
Now: $11.25
$11.30
50-Day Range
$11.20
MA: $12.75
$15.15
52-Week Range
$10.75
Now: $11.25
$25.96
Volume147,500 shs
Average Volume407,973 shs
Market Capitalization$566.44 million
P/E RatioN/A
Dividend YieldN/A
Beta2.68
Rocket Pharmaceuticals, Inc, together with its subsidiaries, operates as a multi-platform biotechnology company that focuses on developing gene therapies for rare and devastating pediatric diseases. It has clinical-stage lentiviral vector (LVV) programs under clinical testing to treat fanconi anemia, a genetic defect in the bone marrow that reduces production of blood cells or promotes the production of faulty blood cells; and leukocyte adhesion deficiency-I, a genetic disorder that causes the immune system to malfunction It also has additional pre-clinical stage LVV programs include pyruvate kinase deficiency, a rare red blood cell autosomal recessive disorder that results in chronic non-spherocytic hemolytic anemia; and infantile malignant osteopetrosis, a genetic disorder characterized by increased bone density and bone mass secondary to impaired bone resorption. Read More…

Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:RCKT
CUSIPN/A
Phone646-440-9100

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$4.94 per share

Profitability

Net Income$-74,520,000.00

Miscellaneous

Employees33
Market Cap$566.44 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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Rocket Pharmaceuticals (NASDAQ:RCKT) Frequently Asked Questions

What is Rocket Pharmaceuticals' stock symbol?

Rocket Pharmaceuticals trades on the NASDAQ under the ticker symbol "RCKT."

How were Rocket Pharmaceuticals' earnings last quarter?

Rocket Pharmaceuticals Inc (NASDAQ:RCKT) posted its earnings results on Wednesday, August, 7th. The biotechnology company reported ($0.38) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.48) by $0.10. View Rocket Pharmaceuticals' Earnings History.

When is Rocket Pharmaceuticals' next earnings date?

Rocket Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Rocket Pharmaceuticals.

What price target have analysts set for RCKT?

8 analysts have issued 1-year target prices for Rocket Pharmaceuticals' shares. Their forecasts range from $22.00 to $39.00. On average, they anticipate Rocket Pharmaceuticals' stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 175.6% from the stock's current price. View Analyst Price Targets for Rocket Pharmaceuticals.

What is the consensus analysts' recommendation for Rocket Pharmaceuticals?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rocket Pharmaceuticals in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rocket Pharmaceuticals.

What are Wall Street analysts saying about Rocket Pharmaceuticals stock?

Here are some recent quotes from research analysts about Rocket Pharmaceuticals stock:
  • 1. According to Zacks Investment Research, "Rocket Pharmaceuticals, Inc. is an emerging, clinical-stage biotechnology company. It focused on developing first-in-class gene therapy treatment options for rare, undertreated diseases. Rocket Pharmaceuticals Inc., formerly known as Inotek Pharmaceuticals Corporation, is based in LEXINGTON, United States. " (8/13/2019)
  • 2. Cowen Inc analysts commented, "Catalysts .Financial Rating — Buy Target Price — $124.00 FY18A EPS — $(2.50) Revenue — $5.0 FY19E Revenue — $0.0 Price ( 05/08/19 ): $70.23 52-Week Range: $110 – $54 1,692.5 Shr.O/S-Diluted (mm): 24.1 238,452 Dividend / Yield: $0.00 / 0.0% Cash (mm): $484 Price: Intraday 5-8-19." (5/8/2019)

Has Rocket Pharmaceuticals been receiving favorable news coverage?

News headlines about RCKT stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press 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 nearest to five being the most favorable. Rocket Pharmaceuticals earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned press coverage about the biotechnology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Rocket Pharmaceuticals.

Who are some of Rocket Pharmaceuticals' key competitors?

What other stocks do shareholders of Rocket Pharmaceuticals own?

Who are Rocket Pharmaceuticals' key executives?

Rocket Pharmaceuticals' management team includes the folowing people:
  • Mr. Gaurav Shah, CEO, Pres & Director (Age 44)
  • Mr. John C. Militello, Controller (Age 46)
  • Ms. Kinnari Patel M.B.A., Pharm.D., PharmD, MBA, COO & Head of Devel. (Age 39)
  • Dr. Claudine Prowse Ph.D., Sr. VP of Corp. Strategy & IRO
  • Mr. Jonathan Schwartz, Chief Medical Officer (Age 55)

Who are Rocket Pharmaceuticals' major shareholders?

Rocket Pharmaceuticals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.09%), Cormorant Asset Management LP (4.12%), Perceptive Advisors LLC (3.93%), Vanguard Group Inc. (2.98%), Price T Rowe Associates Inc. MD (2.33%) and Vivo Capital LLC (1.56%). Company insiders that own Rocket Pharmaceuticals stock include David P Southwell, Gaurav Shah, Kinnari Patel, Naveen Yalamanchi and Rtw Investments, Lp. View Institutional Ownership Trends for Rocket Pharmaceuticals.

Which major investors are selling Rocket Pharmaceuticals stock?

RCKT stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Morgan Stanley, Artal Group S.A., Atika Capital Management LLC, Wells Fargo & Company MN, Marshall Wace LLP, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. and BNP Paribas Arbitrage SA. Company insiders that have sold Rocket Pharmaceuticals company stock in the last year include David P Southwell and Gaurav Shah. View Insider Buying and Selling for Rocket Pharmaceuticals.

Which major investors are buying Rocket Pharmaceuticals stock?

RCKT stock was purchased by a variety of institutional investors in the last quarter, including Perceptive Advisors LLC, Vivo Capital LLC, Westfield Capital Management Co. LP, BlackRock Inc., Cormorant Asset Management LP, Vanguard Group Inc., Price T Rowe Associates Inc. MD and Charles Schwab Investment Management Inc.. Company insiders that have bought Rocket Pharmaceuticals stock in the last two years include Kinnari Patel and Rtw Investments, Lp. View Insider Buying and Selling for Rocket Pharmaceuticals.

How do I buy shares of Rocket Pharmaceuticals?

Shares of RCKT 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 Rocket Pharmaceuticals' stock price today?

One share of RCKT stock can currently be purchased for approximately $11.25.

How big of a company is Rocket Pharmaceuticals?

Rocket Pharmaceuticals has a market capitalization of $566.44 million. The biotechnology company earns $-74,520,000.00 in net income (profit) each year or ($1.89) on an earnings per share basis. Rocket Pharmaceuticals employs 33 workers across the globe.View Additional Information About Rocket Pharmaceuticals.

What is Rocket Pharmaceuticals' official website?

The official website for Rocket Pharmaceuticals is http://www.rocketpharma.com/.

How can I contact Rocket Pharmaceuticals?

Rocket Pharmaceuticals' mailing address is 350 FIFTH AVENUE SUITE 7530, NEW YORK NY, 10118. The biotechnology company can be reached via phone at 646-440-9100 or via email at [email protected]


MarketBeat Community Rating for Rocket Pharmaceuticals (NASDAQ RCKT)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  248 (Vote Outperform)
Underperform Votes:  184 (Vote Underperform)
Total Votes:  432
MarketBeat's community ratings are surveys of what our community members think about Rocket Pharmaceuticals and other stocks. Vote "Outperform" if you believe RCKT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RCKT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/17/2019 by MarketBeat.com Staff

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