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NASDAQ:RETA

Reata Pharmaceuticals - RETA Stock Forecast, Price & News

$21.35
-2.71 (-11.26%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$21.10
$23.80
50-Day Range
$24.06
$36.49
52-Week Range
$20.24
$116.04
Volume
2.39 million shs
Average Volume
593,828 shs
Market Capitalization
$777.23 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$59.00

Reata Pharmaceuticals MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
169.7% Upside
$57.57 Price Target
Short Interest
Bearish
17.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.75
Upright™ Environmental Score
News Sentiment
0.63mentions of Reata Pharmaceuticals in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($8.34) to ($6.50) Per Share

Overall MarketRank

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

2.31 out of 5 stars

Medical Sector

320th out of 1,098 stocks

Pharmaceutical Preparations Industry

135th out of 536 stocks

RETA stock logo

About Reata Pharmaceuticals (NASDAQ:RETA) Stock

Reata Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, identifies, develops, and commercializes novel therapeutics for patients with serious or life-threatening diseases. The company is developing Phase 3 clinical trial programs, including bardoxolone methyl (bardoxolone) for the treatment of patients with chronic kidney disease (CKD) caused by Alport syndrome, as well as for a form of pulmonary arterial hypertension associated with connective tissue disease; omaveloxolone that is Phase II clinical trial to treat Friedreich's ataxia; and conduct Phase 2 study for various form of CKD, such as IgA nephropathy, type 1 and type 2 diabetic CKD, hypertensive CKD, focal segmental glomerulosclerosis, and others. It is also developing RTA 901 for neurological diseases; and RTA 1701 for the potential treatment of a range of autoimmune, inflammatory, and fibrotic diseases. In addition, the company offers bardoxolone for the treatment of autosomal dominant polycystic kidney disease. Further, it has a strategic collaboration agreement with Kyowa Kirin Co., Ltd. to develop and commercialize bardoxolone for renal, cardiovascular, diabetes, and various other related metabolic indications in Japan, China, Hong Kong, Macao, South Korea, Taiwan, Thailand, Singapore, the Philippines, Malaysia, Indonesia, Brunei, Vietnam, Laos, Myanmar, and Cambodia; and AbbVie Inc. to jointly research, develop, and commercialize all second- and later-generation Nrf2 activators for all indications other than renal, cardiovascular, and metabolic indications. The company was formerly known as Reata Discovery, Inc. and changed its name to Reata Pharmaceuticals, Inc. in May 2005. Reata Pharmaceuticals, Inc. was incorporated in 2002 and is headquartered in Plano, Texas.

Reata Pharmaceuticals Stock Performance

NASDAQ:RETA traded down $2.44 during trading on Tuesday, reaching $21.62. 28,614 shares of the company's stock were exchanged, compared to its average volume of 269,925. The stock has a market cap of $786.97 million, a P/E ratio of -2.59 and a beta of 1.09. The company has a 50 day moving average price of $32.27 and a two-hundred day moving average price of $30.58. Reata Pharmaceuticals has a 1 year low of $20.24 and a 1 year high of $125.27.

Reata Pharmaceuticals (NASDAQ:RETA - Get Rating) last announced its quarterly earnings results on Monday, August 8th. The company reported ($2.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.90) by ($0.12). The business had revenue of $0.76 million for the quarter, compared to analysts' expectations of $1.46 million. Reata Pharmaceuticals had a negative return on equity of 137.52% and a negative net margin of 2,650.72%. The firm's quarterly revenue was down 65.7% on a year-over-year basis. During the same period last year, the firm earned ($2.00) earnings per share. Research analysts forecast that Reata Pharmaceuticals will post -8.34 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on RETA shares. The Goldman Sachs Group decreased their price target on shares of Reata Pharmaceuticals from $93.00 to $73.00 and set a "buy" rating for the company in a research report on Tuesday, May 24th. LADENBURG THALM/SH SH lowered their target price on Reata Pharmaceuticals from $75.00 to $67.00 in a research note on Wednesday, May 11th. Robert W. Baird reduced their price target on Reata Pharmaceuticals from $37.00 to $27.00 and set a "neutral" rating on the stock in a research report on Tuesday. Finally, Citigroup boosted their price objective on Reata Pharmaceuticals from $43.00 to $46.00 and gave the stock a "buy" rating in a research report on Friday, May 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $57.57.

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RETA Stock News Headlines

Reata Pharmaceuticals Earnings Preview
Reata Pharmaceuticals (NASDAQ:RETA) Trading 9.9% Higher
Recap: Reata Pharmaceuticals Q4 Earnings
See More Headlines
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RETA Company Calendar

Last Earnings
8/08/2022
Today
8/09/2022
Next Earnings (Estimated)
11/14/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:RETA
Fax
N/A
Employees
346
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$57.57
High Stock Price Forecast
$112.00
Low Stock Price Forecast
$27.00
Forecasted Upside/Downside
+176.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-297,390,000.00
Net Margins
-2,650.72%
Pretax Margin
-2,654.25%

Debt

Sales & Book Value

Annual Sales
$11.49 million
Book Value
$5.11 per share

Miscellaneous

Free Float
25,956,000
Market Cap
$777.23 million
Optionable
Optionable
Beta
1.09

Key Executives

  • Mr. J. Warren Huff (Age 68)
    Chairman & CEO
    Comp: $642.4k
  • Mr. Manmeet Singh Soni (Age 44)
    COO, CFO & Pres
    Comp: $1.15M
  • Mr. Michael D. Wortley (Age 74)
    Exec. VP & Chief Legal Officer
    Comp: $563.22k
  • Dr. Colin J. Meyer M.D. (Age 43)
    Exec. VP & Chief Innovation Officer
    Comp: $742.5k
  • Ms. Dawn Carter Bir (Age 51)
    Exec. VP & Chief Commercial Officer
    Comp: $569.42k
  • Mr. Bhaskar Anand (Age 45)
    VP & Chief Accounting Officer
  • Dr. W. Christian Wigley Ph.D.
    Sr. VP & Chief Scientific Officer
  • Mr. Dakota Gallivan
    VP & Chief Healthcare Compliance Officer
  • Mr. Steve Harman
    Sr. VP & Chief HR Officer
  • Ms. Elaine Castellanos
    Consultant













RETA Stock - Frequently Asked Questions

Should I buy or sell Reata Pharmaceuticals stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Reata Pharmaceuticals in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RETA shares.
View RETA analyst ratings
or view top-rated stocks.

What is Reata Pharmaceuticals' stock price forecast for 2022?

6 brokers have issued 1 year target prices for Reata Pharmaceuticals' stock. Their RETA share price forecasts range from $27.00 to $112.00. On average, they anticipate the company's share price to reach $57.57 in the next year. This suggests a possible upside of 162.2% from the stock's current price.
View analysts price targets for RETA
or view top-rated stocks among Wall Street analysts.

How has Reata Pharmaceuticals' stock performed in 2022?

Reata Pharmaceuticals' stock was trading at $26.37 on January 1st, 2022. Since then, RETA shares have decreased by 16.7% and is now trading at $21.96.
View the best growth stocks for 2022 here
.

When is Reata Pharmaceuticals' next earnings date?

Reata Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our RETA earnings forecast
.

How were Reata Pharmaceuticals' earnings last quarter?

Reata Pharmaceuticals, Inc. (NASDAQ:RETA) released its quarterly earnings data on Monday, August, 8th. The company reported ($2.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.90) by $0.12. The company had revenue of $0.76 million for the quarter, compared to the consensus estimate of $1.46 million. Reata Pharmaceuticals had a negative trailing twelve-month return on equity of 137.52% and a negative net margin of 2,650.72%. Reata Pharmaceuticals's revenue was down 65.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($2.00) earnings per share.

What is Warren Huff's approval rating as Reata Pharmaceuticals' CEO?

10 employees have rated Reata Pharmaceuticals Chief Executive Officer Warren Huff on Glassdoor.com. Warren Huff has an approval rating of 92% among the company's employees. This puts Warren Huff in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Reata Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Reata Pharmaceuticals investors own include Approach Resources (AREX), Precision Drilling (PDS), First Financial Bankshares (FFIN), Synlogic (SYBX), NVIDIA (NVDA), Basic Energy Services (BAS), Sarepta Therapeutics (SRPT), Gilead Sciences (GILD), Inovio Pharmaceuticals (INO) and Archrock (AROC).

When did Reata Pharmaceuticals IPO?

(RETA) raised $60 million in an IPO on Thursday, May 26th 2016. The company issued 4,000,000 shares at a price of $14.00-$16.00 per share. Citigroup, Cowen and Company and Piper Jaffray served as the underwriters for the IPO.

What is Reata Pharmaceuticals' stock symbol?

Reata Pharmaceuticals trades on the NASDAQ under the ticker symbol "RETA."

Who are Reata Pharmaceuticals' major shareholders?

Reata Pharmaceuticals' stock is owned by a number of institutional and retail investors. Top institutional investors include Emerald Advisers LLC (0.79%), Emerald Mutual Fund Advisers Trust (0.69%), Integral Health Asset Management LLC (0.29%), Hennion & Walsh Asset Management Inc. (0.18%), Simplex Trading LLC (0.00%) and DekaBank Deutsche Girozentrale (0.06%). Insiders that own company stock include Colin John Meyer, Elaine Castellanos, James W Traweek Jr, James Warren Huff, Jason Douglas Wilson and Michael D Wortley.
View institutional ownership trends
.

How do I buy shares of Reata Pharmaceuticals?

Shares of RETA 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 Reata Pharmaceuticals' stock price today?

One share of RETA stock can currently be purchased for approximately $21.96.

How much money does Reata Pharmaceuticals make?

Reata Pharmaceuticals (NASDAQ:RETA) has a market capitalization of $799.34 million and generates $11.49 million in revenue each year. The company earns $-297,390,000.00 in net income (profit) each year or ($8.35) on an earnings per share basis.

How many employees does Reata Pharmaceuticals have?

Reata Pharmaceuticals employs 346 workers across the globe.

How can I contact Reata Pharmaceuticals?

Reata Pharmaceuticals' mailing address is 5320 LEGACY DRIVE, PLANO TX, 75024. The official website for the company is www.reatapharma.com. The company can be reached via phone at (972) 865-2219 or via email at ir@reatapharma.com.

This page (NASDAQ:RETA) was last updated on 8/9/2022 by MarketBeat.com Staff

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