Sage Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops and commercializes novel medicines to treat central nervous system disorders. Its lead product candidate comprises brexanolone, a proprietary intravenous formulation of allopregnanolone that has completed III clinical trials for the treatment of post-partum depression (PPD). The company's product pipeline also includes SAGE-217, a novel neuroactive steroid, which has completed Phase II clinical trials for the treatment of PPD, major depressive disorders, bipolar depression, Parkinson's disease, and sleep disorders; and SAGE-718, an oxysterol-based positive allosteric modulator of NMDA receptors for the treatment of depression, Alzheimer's disease, attention deficit hyperactivity disorder, schizophrenia, Huntington's disease, and neuropathic pain. In addition, its product pipeline comprises SAGE-324, a novel neuroactive steroid for the treatment of GABA hypofunction; and product pipeline that are in preclinical stage includes SAGE-689 and SAGE-105 novel GABAA receptor modulators. Sage Therapeutics, Inc. has a strategic collaboration with Shionogi & Co., Ltd. The company was formerly known as Sterogen Biopharma, Inc. and changed its name to Sage Therapeutics, Inc. in September 2011. Sage Therapeutics, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:SAGE
Previous Symbol
CUSIPN/A
Phone617-299-8380
Debt
Debt-to-Equity RatioN/A
Current Ratio19.07
Quick Ratio19.07
Price-To-Earnings
Trailing P/E Ratio-13.90
Forward P/E Ratio-12.72
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / Cash FlowN/A
Book Value$11.58 per share
Price / Book8.51
Profitability
EPS (Most Recent Fiscal Year)($7.09)
Net Income$-270,120,000.00
Net MarginsN/A
Return on Equity-31.54%
Return on Assets-29.83%
Miscellaneous
Employees257
Outstanding Shares46,890,000
Market Cap$4.75 billion
OptionableOptionable
SAGE Therapeutics (NASDAQ:SAGE) Frequently Asked Questions
What is SAGE Therapeutics' stock symbol?
SAGE Therapeutics trades on the NASDAQ under the ticker symbol "SAGE."
How were SAGE Therapeutics' earnings last quarter?
SAGE Therapeutics Inc (NASDAQ:SAGE) issued its earnings results on Tuesday, November, 6th. The biopharmaceutical company reported ($2.63) EPS for the quarter, missing the Zacks' consensus estimate of ($2.41) by $0.22. During the same quarter in the previous year, the firm posted ($1.97) earnings per share. View SAGE Therapeutics' Earnings History.
When is SAGE Therapeutics' next earnings date?
What price target have analysts set for SAGE?
13 brokerages have issued 12-month target prices for SAGE Therapeutics' shares. Their predictions range from $80.00 to $261.00. On average, they expect SAGE Therapeutics' stock price to reach $202.00 in the next year. This suggests a possible upside of 105.0% from the stock's current price. View Analyst Price Targets for SAGE Therapeutics.
What is the consensus analysts' recommendation for SAGE Therapeutics?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SAGE Therapeutics in the last year. There are currently 1 sell rating and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SAGE Therapeutics.
What are Wall Street analysts saying about SAGE Therapeutics stock?
Here are some recent quotes from research analysts about SAGE Therapeutics stock:
- 1. Canaccord Genuity analysts commented, "We like the setup heading into a catalyst-rich 2H18/2019E We are updating our model after SAGE reported its 1Q18 and provided a corporate update today (5/3). With its first product, brexanolone IV for postpartum depression (PPD), filed with potential commercialization in 1H19, and a robust pipeline of neuro- focused assets led by SAGE-217, our BUY thesis on the stock remains unchanged. In short, we like SAGE’s pipeline that targets several large central nervous system (CNS) indications where the unmet need is high (e.g., major depressive disorder, PPD, Parkinson’s, etc.) and the scarcity value that comes with robust/ripening CNS platforms. With the stock having pulled back ~25% since its 52-week high on 1/31/18, we like the setup heading into a catalyst-rich 2H18/2019E. Our DCF-based price target remains unchanged at $210." (5/3/2018)
- 2. Cowen Inc analysts commented, "We note that neither Mylan nor Biocon would comment on Neulasta’s updated timing. We spoke with a manufacturing consultant who believed that biosimilar Neulasta would not receive an approval until the Form 483 issues were resolved. We expect an update on Mylan’s earnings call on Wednesday, 5/9/18. Biocon Form 483: Biocon announced yesterday (5/1/18) that the FDA issued a Form 483 with 7 observations relating to the company’s Bangalore, India site. As a reminder, MYL has a partnership with Biocon to produce biosimilars Neulasta/Herceptin out of the same facility. The TAD for biosimilar Neulasta is on 6/4/18. Biocon noted that the observations were largely procedural and aimed at continuous improvement. Further, the company indicated that it would respond to the FDA well within" the typical 15 day response period." (5/3/2018)
- 3. Needham & Company LLC analysts commented, "FY 2017 results were generally in line with expectations. We note that ‘217 Phase 2 PPD data are now expected in 4Q18 (was 2Q). The additional delay (previously moved from 1Q18 to 2Q18) is reportedly due to an increase in target enrollment (now ~140 PPD patients). We still anticipate a positive outcome and think running a full-scale trial makes sense given prior supportive data. With the robust size and design of the study, we believe it could serve as a registration trial and help streamline ‘217 time to market. Sage still plans to conduct several additional well powered trials (insomnia, bipolar depression, PD tremor) with oral ‘217 this year. Further evaluation of ‘217 for MDD, including potential initiation of pivotal Phase 3 development is also anticipated in 2018 (unch). BUY." (2/23/2018)
Has SAGE Therapeutics been receiving favorable news coverage?
Media coverage about SAGE stock has trended negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SAGE Therapeutics earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave press coverage about the biopharmaceutical company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of SAGE Therapeutics' key competitors?
Some companies that are related to SAGE Therapeutics include Teva Pharmaceutical Industries (TEVA), UCB (UCBJF), BioMarin Pharmaceutical (BMRN), Mylan (MYL), Ono Pharmaceutical (OPHLF), Merck KGaA (MKGAF), GRIFOLS S A/S (GRFS), Genmab A/S (GNMSF), Jazz Pharmaceuticals (JAZZ), Beigene (BGNE), Sarepta Therapeutics (SRPT), Perrigo (PRGO), Bausch Health Companies (BHC), Alnylam Pharmaceuticals (ALNY) and Ionis Pharmaceuticals (IONS).
Who are SAGE Therapeutics' key executives?
SAGE Therapeutics' management team includes the folowing people:
- Mr. Michael Cloonan, Chief Bus. Officer (Age 47)
- Dr. Jeffrey M. Jonas, CEO, Pres & Director (Age 65)
- Ms. Kimi E. Iguchi, CFO & Treasurer (Age 56)
- Dr. Heinrich Schlieker Ph.D., Sr. VP of Technical Operations
- Dr. Albert J. Robichaud, Chief Scientific Officer (Age 57)
Who are SAGE Therapeutics' major shareholders?
SAGE Therapeutics' stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (15.00%), Vanguard Group Inc. (8.71%), Vanguard Group Inc (8.71%), BlackRock Inc. (6.04%), OppenheimerFunds Inc. (3.38%) and Bank of New York Mellon Corp (3.32%). Company insiders that own SAGE Therapeutics stock include Albert Robichaud, James M Frates, Jeffrey M Jonas, Kevin P Starr, Kimi Iguchi, Stephen Kanes and Steven M Paul. View Institutional Ownership Trends for SAGE Therapeutics.
Which institutional investors are selling SAGE Therapeutics stock?
SAGE stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Los Angeles Capital Management & Equity Research Inc., American Century Companies Inc., Victory Capital Management Inc., Baker BROS. Advisors LP, Alliancebernstein L.P., Marshall Wace North America L.P. and Deutsche Bank AG. Company insiders that have sold SAGE Therapeutics company stock in the last year include James M Frates, Jeffrey M Jonas, Kevin P Starr, Kimi Iguchi, Stephen Kanes and Steven M Paul. View Insider Buying and Selling for SAGE Therapeutics.
Which institutional investors are buying SAGE Therapeutics stock?
SAGE stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Vanguard Group Inc, Vanguard Group Inc., Strs Ohio, Wells Fargo & Company MN, Janus Henderson Group PLC, Candriam Luxembourg S.C.A. and Eagle Asset Management Inc.. View Insider Buying and Selling for SAGE Therapeutics.
How do I buy shares of SAGE Therapeutics?
Shares of SAGE 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 SAGE Therapeutics' stock price today?
One share of SAGE stock can currently be purchased for approximately $98.55.
How big of a company is SAGE Therapeutics?
SAGE Therapeutics has a market capitalization of $4.75 billion. The biopharmaceutical company earns $-270,120,000.00 in net income (profit) each year or ($7.09) on an earnings per share basis. SAGE Therapeutics employs 257 workers across the globe.
What is SAGE Therapeutics' official website?
How can I contact SAGE Therapeutics?
SAGE Therapeutics' mailing address is 215 FIRST STREET, CAMBRIDGE MA, 02142. The biopharmaceutical company can be reached via phone at 617-299-8380 or via email at [email protected]
MarketBeat Community Rating for SAGE Therapeutics (NASDAQ SAGE)
MarketBeat's community ratings are surveys of what our community members think about SAGE Therapeutics and other stocks. Vote "Outperform" if you believe SAGE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SAGE will underperform the S&P 500 over the long term. You may vote once every thirty days.
