Reata Pharmaceuticals, Inc, a clinical stage biopharmaceutical company, develops novel therapeutics for patients with serious or life-threatening diseases by targeting molecular pathways that regulate cellular metabolism and inflammation. The company is developing Phase III clinical trial programs, including bardoxolone methyl (Bard) for the treatment of patients with chronic kidney disease caused by Alport syndrome, as well as for a form of pulmonary arterial hypertension associated with connective tissue disease; and omaveloxolone that is Phase II clinical trial for the treatment of patients with Friedreich's ataxia It is also developing RTA 901, which completed Phase 1 clinical trials for the treatment of orphan neurological indications; and RORgT Inhibitors that are in the preclinical development phase for the potential treatment of a range of autoimmune, inflammatory, and fibrotic diseases.
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Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone972-865-2219
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$53.59 million
Profitability
Miscellaneous
Employees123
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable
Reata Pharmaceuticals (NASDAQ:RETA) Frequently Asked Questions
What is Reata Pharmaceuticals' stock symbol?
Reata Pharmaceuticals trades on the NASDAQ under the ticker symbol "RETA."
How were Reata Pharmaceuticals' earnings last quarter?
Reata Pharmaceuticals Inc (NASDAQ:RETA) announced its quarterly earnings results on Thursday, August, 8th. The company reported ($1.14) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($1.12) by $0.02. The company earned $7.83 million during the quarter, compared to analysts' expectations of $7.76 million. Reata Pharmaceuticals had a negative net margin of 410.38% and a negative return on equity of 3,282.73%. View Reata Pharmaceuticals' Earnings History.
When is Reata Pharmaceuticals' next earnings date?
What price target have analysts set for RETA?
4 equities research analysts have issued 12 month price targets for Reata Pharmaceuticals' stock. Their predictions range from $100.00 to $194.00. On average, they anticipate Reata Pharmaceuticals' share price to reach $141.50 in the next twelve months. This suggests a possible upside of 63.4% from the stock's current price. View Analyst Price Targets for Reata Pharmaceuticals.
What is the consensus analysts' recommendation for Reata Pharmaceuticals?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reata Pharmaceuticals in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Reata Pharmaceuticals.
What are Wall Street analysts saying about Reata Pharmaceuticals stock?
Here are some recent quotes from research analysts about Reata Pharmaceuticals stock:
- 1. According to Zacks Investment Research, "Reata Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. It is engaged in identifying, developing and commercializing product candidates which modulate the activity of regulatory proteins involved in the biology of mitochondrial function, oxidative stress and inflammation to address the unmet medical needs of serious or life-threatening diseases. Reata Pharmaceuticals, Inc. is based in Irving, United States. " (7/11/2019)
- 2. Cantor Fitzgerald analysts commented, ". We reiterate our Overweight rating and $100 PT on RETA. Reata reported 4Q18 financial performance including collaboration revs of $7.9M, total expenses of $130.5M and cash of $338M. We project current cash to be sufficient to fund operations through 2020, including the three ongoing pivotal trials of bardoxalone in Alport syndrome and CTD-PAH, and omaveloxolone in Friedreich’s ataxia. We see 2019 as a potentially transformational year for the company, with two pivotal trial readouts in the second half and increasing visibility on a broadening set of bard’ indications going forward to further drive shares." (2/28/2019)
Has Reata Pharmaceuticals been receiving favorable news coverage?
Media stories about RETA stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Reata Pharmaceuticals earned a news impact score of 0.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Reata Pharmaceuticals.
Who are some of Reata Pharmaceuticals' key competitors?
Some companies that are related to Reata Pharmaceuticals include Ionis Pharmaceuticals (IONS), Ono Pharmaceutical (OPHLF), Alnylam Pharmaceuticals (ALNY), Teva Pharmaceutical Industries (TEVA), GALAPAGOS NV/S (GLPG), Bausch Health Companies (BHC), SAGE Therapeutics (SAGE), Perrigo (PRGO), Catalent (CTLT), Jazz Pharmaceuticals (JAZZ), Sarepta Therapeutics (SRPT), Dr.Reddy's Laboratories (RDY), Beigene (BGNE), Amarin (AMRN) and ACADIA Pharmaceuticals (ACAD).
What other stocks do shareholders of Reata Pharmaceuticals own?
Who are Reata Pharmaceuticals' key executives?
Reata Pharmaceuticals' management team includes the folowing people:
- Mr. J. Warren Huff, Chairman, CEO & Pres (Age 65)
- Dr. Colin J. Meyer, Chief Medical Officer & Exec. VP of Product Devel. (Age 40)
- Dr. Keith W. Ward, Consultant (Age 49)
- Mr. Jason D. Wilson, CFO & Exec. VP of Strategy (Age 49)
- Ms. Elaine Castellanos, VP of Fin. & Accounting
When did Reata Pharmaceuticals IPO?
(RETA) raised $60 million in an initial public offering (IPO) on Thursday, May 26th 2016. The company issued 4,000,000 shares at $14.00-$16.00 per share. Citigroup, Cowen and Company and Piper Jaffray acted as the underwriters for the IPO.
Who are Reata Pharmaceuticals' major shareholders?
Reata Pharmaceuticals' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.36%), Vanguard Group Inc. (5.82%), Cormorant Asset Management LP (2.68%), Farallon Capital Management LLC (2.66%), Price T Rowe Associates Inc. MD (2.16%) and Emerald Advisers LLC (1.29%). Company insiders that own Reata Pharmaceuticals stock include Cpmg Inc, Elaine Castellanos, James Edward Bass, James W Traweek Jr, Jason Douglas Wilson, Keith Wayne Ward and R Kent Mcgaughy Jr. View Institutional Ownership Trends for Reata Pharmaceuticals.
Which institutional investors are selling Reata Pharmaceuticals stock?
RETA stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, P.A.W. Capital Corp, LBJ Family Wealth Advisors Ltd., AQR Capital Management LLC, Wells Fargo & Company MN, Rice Hall James & Associates LLC, Emerald Advisers LLC and Private Advisors LLC. Company insiders that have sold Reata Pharmaceuticals company stock in the last year include Elaine Castellanos, James Edward Bass, Jason Douglas Wilson and Keith Wayne Ward. View Insider Buying and Selling for Reata Pharmaceuticals.
Which institutional investors are buying Reata Pharmaceuticals stock?
RETA stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Cormorant Asset Management LP, Nuveen Asset Management LLC, Biondo Investment Advisors LLC, Vanguard Group Inc., BlackRock Inc., Sofinnova Investments Inc. and Farallon Capital Management LLC. Company insiders that have bought Reata Pharmaceuticals stock in the last two years include Cpmg Inc, James Edward Bass, James W Traweek Jr and R Kent Mcgaughy Jr. View Insider Buying and Selling for Reata Pharmaceuticals.
How do I buy shares of Reata Pharmaceuticals?
Shares of RETA 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 Reata Pharmaceuticals' stock price today?
One share of RETA stock can currently be purchased for approximately $86.59.
How big of a company is Reata Pharmaceuticals?
Reata Pharmaceuticals has a market capitalization of $2.61 billion and generates $53.59 million in revenue each year. The company earns $-80,550,000.00 in net income (profit) each year or ($2.87) on an earnings per share basis. Reata Pharmaceuticals employs 123 workers across the globe.View Additional Information About Reata Pharmaceuticals.
What is Reata Pharmaceuticals' official website?
How can I contact Reata Pharmaceuticals?
Reata Pharmaceuticals' mailing address is 2801 GATEWAY DRIVE SUITE 150, IRVING TX, 75063. The company can be reached via phone at 972-865-2219 or via email at [email protected]
MarketBeat Community Rating for Reata Pharmaceuticals (NASDAQ RETA)
MarketBeat's community ratings are surveys of what our community members think about Reata Pharmaceuticals and other stocks. Vote "Outperform" if you believe RETA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RETA will underperform the S&P 500 over the long term. You may vote once every thirty days.
