Synergy Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of novel therapies to treat gastrointestinal diseases and disorders. Its lead product is plecanatide, a novel uroguanylin based gastrointestinal platform that is traded under the TRULANCE name for the treatment of chronic idiopathic constipation and irritable bowel syndrome. The company also develops dolcanatide to treat mild-to-moderate ulcerative colitis. It has a licensing agreement with Cipher Pharmaceuticals Inc. to develop, market, distribute, and sell TRULANCE in Canada. Synergy Pharmaceuticals Inc. is headquartered in New York, New York.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
SymbolNASDAQ:SGYP
CUSIP87163930
Phone212-297-0020
Debt
Debt-to-Equity Ratio-3.01
Current Ratio3.09
Quick Ratio2.71
Price-To-Earnings
Trailing P/E Ratio-1.77
Forward P/E Ratio-3.07
P/E GrowthN/A
Sales & Book Value
Annual Sales$16.82 million
Price / Sales26.55
Cash FlowN/A
Price / CashN/A
Book Value($0.02) per share
Price / Book-90.50
Profitability
EPS (Most Recent Fiscal Year)($1.02)
Net Income$-224,330,000.00
Net Margins-773.82%
Return on Equity-652.66%
Return on Assets-145.45%
Miscellaneous
Employees313
Outstanding Shares246,740,000
Synergy Pharmaceuticals (NASDAQ:SGYP) Frequently Asked Questions
What is Synergy Pharmaceuticals' stock symbol?
Synergy Pharmaceuticals trades on the NASDAQ under the ticker symbol "SGYP."
How were Synergy Pharmaceuticals' earnings last quarter?
Synergy Pharmaceuticals Inc (NASDAQ:SGYP) announced its quarterly earnings data on Thursday, May, 10th. The biopharmaceutical company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.01. The biopharmaceutical company had revenue of $8.59 million for the quarter, compared to the consensus estimate of $11.18 million. Synergy Pharmaceuticals had a negative net margin of 773.82% and a negative return on equity of 652.66%. The business's revenue for the quarter was up 776.5% on a year-over-year basis. During the same period in the prior year, the company posted ($0.30) earnings per share. View Synergy Pharmaceuticals' Earnings History.
What price target have analysts set for SGYP?
8 brokerages have issued twelve-month target prices for Synergy Pharmaceuticals' stock. Their predictions range from $2.50 to $15.00. On average, they anticipate Synergy Pharmaceuticals' stock price to reach $8.8125 in the next twelve months. View Analyst Ratings for Synergy Pharmaceuticals.
What are Wall Street analysts saying about Synergy Pharmaceuticals stock?
Here are some recent quotes from research analysts about Synergy Pharmaceuticals stock:
- 1. According to Zacks Investment Research, "Synergy Pharmaceuticals, Inc. is a biopharmaceutical company focused primarily on the development of drugs to treat gastrointestinal disorders and diseases. Its lead drug candidate plecanatide is a guanylyl cyclase C receptor agonist, to treat GI disorders, primarily chronic constipation and constipation-predominant- irritable bowel syndrome. It is also engaged in developing receptor agonist for the treatment of gastrointestinal inflammatory diseases, such as ulcerative colitis. Synergy Pharmaceuticals, Inc. is headquartered in New York, New York. " (5/9/2018)
- 2. Cantor Fitzgerald analysts commented, "As we predicted in a report published last week, SGYP disclosed that the cash balance at the end of January exceeded the $128 million level required to access $100 million from the CRG Term Loan Agreement." (2/1/2018)
Are investors shorting Synergy Pharmaceuticals?
Synergy Pharmaceuticals saw a decrease in short interest in May. As of May 31st, there was short interest totalling 61,357,361 shares, a decrease of 2.0% from the May 15th total of 62,620,901 shares. Based on an average daily trading volume, of 2,608,186 shares, the days-to-cover ratio is presently 23.5 days. Approximately 24.9% of the company's shares are short sold.
Who are some of Synergy Pharmaceuticals' key competitors?
Some companies that are related to Synergy Pharmaceuticals include Aimmune Therapeutics (AIMT), AnaptysBio (ANAB), PTC Therapeutics (PTCT), Myokardia (MYOK), Mallinckrodt (MNK), Biohaven Pharmaceutical (BHVN), Zogenix (ZGNX), TherapeuticsMD (TXMD), Cambrex (CBM), Pacira Pharmaceuticals (PCRX), G1 Therapeutics (GTHX), ARMO Biosciences (ARMO), Innoviva (INVA), Wave Life Sciences (WVE) and Myovant Sciences (MYOV).
Who are Synergy Pharmaceuticals' key executives?
Synergy Pharmaceuticals' management team includes the folowing people:
- Dr. Gary S. Jacob, Exec. Chairman (Age 71)
- Mr. Troy Hamilton Pharm.D., CEO & Director (Age 46)
- Dr. Kunwar Shailubhai, Chief Scientific Officer and Exec. VP (Age 60)
- Dr. Patrick H. Griffin M.D., FACP, Exec. VP & Chief Medical Officer (Age 63)
- Mr. Gary G. Gemignani, Exec. VP & CFO (Age 53)
Has Synergy Pharmaceuticals been receiving favorable news coverage?
Media stories about SGYP stock have been trending positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Synergy Pharmaceuticals earned a coverage optimism score of 0.48 on Accern's scale. They also gave press coverage about the biopharmaceutical company an impact score of 45.56 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Synergy Pharmaceuticals' major shareholders?
Synergy Pharmaceuticals' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.62%), Hikari Power Ltd (0.81%), JPMorgan Chase & Co. (0.74%), CVI Holdings LLC (0.72%), Schwab Charles Investment Management Inc. (0.50%) and UBS Group AG (0.47%). Company insiders that own Synergy Pharmaceuticals stock include Gary S Jacob, John P Brancaccio and Paulson & Co Inc. View Institutional Ownership Trends for Synergy Pharmaceuticals.
Which institutional investors are selling Synergy Pharmaceuticals stock?
Which institutional investors are buying Synergy Pharmaceuticals stock?
SGYP stock was purchased by a variety of institutional investors in the last quarter, including CVI Holdings LLC, Millennium Management LLC, OMERS ADMINISTRATION Corp, Schwab Charles Investment Management Inc., Mackay Shields LLC, Hikari Power Ltd and MetLife Investment Advisors LLC. Company insiders that have bought Synergy Pharmaceuticals stock in the last two years include Gary S Jacob and John P Brancaccio. View Insider Buying and Selling for Synergy Pharmaceuticals.
How do I buy shares of Synergy Pharmaceuticals?
Shares of SGYP 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 Synergy Pharmaceuticals' stock price today?
One share of SGYP stock can currently be purchased for approximately $1.81.
How big of a company is Synergy Pharmaceuticals?
Synergy Pharmaceuticals has a market capitalization of $444.13 million and generates $16.82 million in revenue each year. The biopharmaceutical company earns $-224,330,000.00 in net income (profit) each year or ($1.02) on an earnings per share basis. Synergy Pharmaceuticals employs 313 workers across the globe.
How can I contact Synergy Pharmaceuticals?
Synergy Pharmaceuticals' mailing address is 420 LEXINGTON AVENUE SUITE 2012, NEW YORK NY, 10170. The biopharmaceutical company can be reached via phone at 212-297-0020 or via email at [email protected]
MarketBeat Community Rating for Synergy Pharmaceuticals (SGYP)
MarketBeat's community ratings are surveys of what our community members think about Synergy Pharmaceuticals and other stocks. Vote "Outperform" if you believe SGYP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SGYP will underperform the S&P 500 over the long term. You may vote once every thirty days.
