Revance Therapeutics, Inc., a biotechnology company, engages in the development, manufacturing, and commercialization of novel botulinum toxin products for various aesthetic and therapeutic indications. The company's drug candidate is DaxibotulinumtoxinA for injection (RT002), which is in phase III clinical trials to treat glabellar (frown) lines, as well as in phase II clinical trials for the treatment of cervical dystonia and plantar fasciitis. It is also developing DaxibotulinumtoxinA topical gel (RT001) that is in preclinical development. Revance Therapeutics, Inc. has a collaboration agreement with Mylan N.V. (MYL) for the development, manufacture, and commercialization of a biosimilar to BOTOX. The company was formerly known as Essentia Biosystems, Inc. and changed its name to Revance Therapeutics, Inc. in April 2005. Revance Therapeutics, Inc. was founded in 1999 and is headquartered in Newark, California.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone510-742-3400
Debt
Current Ratio6.79
Quick Ratio6.79
Price-To-Earnings
Sales & Book Value
Annual Sales$260,000.00
Price / Sales2,872.42
Price / Cash FlowN/A
Price / Book2.69
Profitability
Net Income$-120,580,000.00
Net Margins-4,205.52%
Return on Assets-51.41%
Miscellaneous
Employees134
OptionableOptionable
Revance Therapeutics (NASDAQ:RVNC) Frequently Asked Questions
What is Revance Therapeutics' stock symbol?
Revance Therapeutics trades on the NASDAQ under the ticker symbol "RVNC."
How were Revance Therapeutics' earnings last quarter?
Revance Therapeutics Inc (NASDAQ:RVNC) announced its earnings results on Thursday, November, 1st. The biopharmaceutical company reported ($0.91) earnings per share for the quarter, topping analysts' consensus estimates of ($0.95) by $0.04. The biopharmaceutical company had revenue of $2.36 million for the quarter, compared to analyst estimates of $0.49 million. Revance Therapeutics had a negative return on equity of 61.45% and a negative net margin of 4,205.52%. View Revance Therapeutics' Earnings History.
When is Revance Therapeutics' next earnings date?
What price target have analysts set for RVNC?
9 brokerages have issued twelve-month target prices for Revance Therapeutics' shares. Their forecasts range from $41.00 to $60.00. On average, they anticipate Revance Therapeutics' share price to reach $49.1429 in the next twelve months. This suggests a possible upside of 143.4% from the stock's current price. View Analyst Price Targets for Revance Therapeutics.
What is the consensus analysts' recommendation for Revance Therapeutics?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Revance Therapeutics in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Revance Therapeutics.
What are Wall Street analysts saying about Revance Therapeutics stock?
Here are some recent quotes from research analysts about Revance Therapeutics stock:
- 1. According to Zacks Investment Research, "Revance is a Silicon Valley-based biotechnology company. The company is developing a portfolio of products for aesthetic medicine and underserved therapeutic specialties, including dermatology and neurology. Revance's science is based upon a proprietary TransMTS® peptide technology, which when combined with active drug molecules, may help address current unmet needs. Revance's initial focus is on developing daxibotulinumtoxinA, the company's highly purified botulinum toxin, for a broad spectrum of aesthetic and therapeutic indications, including facial wrinkles and muscle movement disorders. The company's lead drug candidate, DaxibotulinumtoxinA for Injection (RT002), is currently in development for the treatment of glabellar lines and cervical dystonia and has the potential to be the first long-acting neurotoxin. The company holds worldwide rights for all indications of RT002 injectable and RT001 topical and the pharmaceutical uses of the TransMTS technology platform. " (11/7/2018)
- 2. Cantor Fitzgerald analysts commented, ". Post a solid quarter of execution in 3Q18, we reiterate our OW rating and 12-month price target of $50 on shares of RVNC. We expect upward earnings revisions to levels not reflected in sell-side consensus expectations to drive the stock higher. RVNC’s long-duration, next-generation injectable neuromodulator may be a pipeline in a product. RT002 targets a $3B+ market opportunity for both medical and aesthetic indications." (11/1/2018)
Has Revance Therapeutics been receiving favorable news coverage?
Press coverage about RVNC stock has trended negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Revance Therapeutics earned a daily sentiment score of -2.5 on InfoTrie's scale. They also gave news stories about the biopharmaceutical company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the near future.
Who are some of Revance Therapeutics' key competitors?
Some companies that are related to Revance Therapeutics include Ascendis Pharma A/S (ASND), HUTCHISON CHINA/S (HCM), Ligand Pharmaceuticals (LGND), Akcea Therapeutics (AKCA), Blueprint Medicines (BPMC), ACADIA Pharmaceuticals (ACAD), Ultragenyx Pharmaceutical (RARE), Global Blood Therapeutics (GBT), Amicus Therapeutics (FOLD), Reata Pharmaceuticals (RETA), Opko Health (OPK), Endo International (ENDP), Arena Pharmaceuticals (ARNA), Xencor (XNCR) and Heron Therapeutics (HRTX).
Who are Revance Therapeutics' key executives?
Revance Therapeutics' management team includes the folowing people:
- Mr. L. Daniel Browne, Co-Founder, CEO, Pres & Director (Age 56)
- Dr. Abhay Joshi, Chief Operating Officer (Age 55)
- Mr. Tobin C. Schilke, Chief Financial Officer (Age 43)
- Mr. Cyril Allouche, Chief Accounting Officer & Corp. Controller (Age 46)
- Ms. Caryn Gordon McDowell, Sr. VP, Gen. Counsel & Corp. Sec. (Age 48)
How do I buy shares of Revance Therapeutics?
Shares of RVNC 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 Revance Therapeutics' stock price today?
One share of RVNC stock can currently be purchased for approximately $20.19.
How big of a company is Revance Therapeutics?
Revance Therapeutics has a market capitalization of $731.62 million and generates $260,000.00 in revenue each year. The biopharmaceutical company earns $-120,580,000.00 in net income (profit) each year or ($4.01) on an earnings per share basis. Revance Therapeutics employs 134 workers across the globe.
What is Revance Therapeutics' official website?
How can I contact Revance Therapeutics?
Revance Therapeutics' mailing address is 7555 GATEWAY BLVD., NEWARK CA, 94560. The biopharmaceutical company can be reached via phone at 510-742-3400 or via email at [email protected]
MarketBeat Community Rating for Revance Therapeutics (NASDAQ RVNC)
MarketBeat's community ratings are surveys of what our community members think about Revance Therapeutics and other stocks. Vote "Outperform" if you believe RVNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RVNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
