NASDAQ:SPPI - Spectrum Pharmaceuticals Stock Price, Price Target & More

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$19.33 -0.32 (-1.63 %)
(As of 06/24/2018 09:13 AM ET)
Previous Close$19.33
Today's Range$18.90 - $19.8411
52-Week Range$7.12 - $23.50
Volume5.42 million shs
Average Volume1.56 million shs
Market Capitalization$2.04 billion
P/E Ratio-18.07
Dividend YieldN/A
Beta2.02
Spectrum Pharmaceuticals logoSpectrum Pharmaceuticals, Inc. develops and commercializes oncology and hematology drug products. The company markets six drug products, including FUSILEV for patients with metastatic colorectal cancer and rescue after high-dose methotrexate therapy in osteosarcoma, and to diminish toxicity and counteract the effects of impaired methotrexate elimination and of inadvertent overdosage of folic acid antagonists; FOLOTYN, a folate analogue metabolic inhibitor for peripheral T-cell lymphoma (PTCL); ZEVALIN injection for patients with B-cell non-Hodgkin's lymphoma; MARQIBO, a sphingomyelin/cholesterol liposome-encapsulated formulation for adult patients with Philadelphia chromosome-negative acute lymphoblastic leukemia; BELEODAQ injection for PTCL; and EVOMELA for use as a conditioning treatment prior to autologous stem cell transplant in multiple myeloma patients. It is also developing POZIOTINIB for treating breast and lung cancer; ROLONTIS for chemotherapy-induced neutropenia; and QAPZOLA for intravesical instillation in post-transurethral resection of bladder tumors in patients with non-muscle invasive bladder cancer. The company sells its drugs through group purchasing organizations, wholesalers, and directly in the United States; and through distributors in Europe. Spectrum Pharmaceuticals, Inc. has licensing and development agreement with Cell Therapeutics, Inc.; license agreement with Merck & Cie AG, Sloan-Kettering Institute, and Cydex Pharmaceuticals, Inc.; development and commercialization collaboration agreement with Allergan, Inc.; collaboration agreement with Nippon Kayaku Co., LTD.; licensing and collaboration agreement with Onxeo DK; and co-development and commercialization agreement with Hanmi Pharmaceutical Company. The company was formerly known as NeoTherapeutics, Inc. and changed its name to Spectrum Pharmaceuticals, Inc. in December 2002. Spectrum Pharmaceuticals, Inc. was founded in 1987 and is headquartered in Henderson, Nevada.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
SymbolNASDAQ:SPPI
CUSIP84763A10
Phone702-835-6300

Debt

Debt-to-Equity RatioN/A
Current Ratio2.97
Quick Ratio2.91

Price-To-Earnings

Trailing P/E Ratio-18.07
Forward P/E Ratio-21.24
P/E GrowthN/A

Sales & Book Value

Annual Sales$128.37 million
Price / Sales15.67
Cash FlowN/A
Price / CashN/A
Book Value$3.49 per share
Price / Book5.54

Profitability

EPS (Most Recent Fiscal Year)($1.07)
Net Income$-91,240,000.00
Net Margins-64.39%
Return on Equity-29.47%
Return on Assets-19.00%

Miscellaneous

Employees215
Outstanding Shares104,060,000

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Spectrum Pharmaceuticals (NASDAQ:SPPI) Frequently Asked Questions

What is Spectrum Pharmaceuticals' stock symbol?

Spectrum Pharmaceuticals trades on the NASDAQ under the ticker symbol "SPPI."

How were Spectrum Pharmaceuticals' earnings last quarter?

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) posted its earnings results on Thursday, May, 3rd. The biotechnology company reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.35) by $0.19. The biotechnology company earned $30.50 million during the quarter, compared to analysts' expectations of $25.68 million. Spectrum Pharmaceuticals had a negative return on equity of 29.47% and a negative net margin of 64.39%. The firm's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.14) earnings per share. View Spectrum Pharmaceuticals' Earnings History.

What price target have analysts set for SPPI?

4 equities research analysts have issued 1 year price targets for Spectrum Pharmaceuticals' shares. Their predictions range from $25.00 to $33.00. On average, they anticipate Spectrum Pharmaceuticals' share price to reach $29.00 in the next year. View Analyst Ratings for Spectrum Pharmaceuticals.

Who are some of Spectrum Pharmaceuticals' key competitors?

Who are Spectrum Pharmaceuticals' key executives?

Spectrum Pharmaceuticals' management team includes the folowing people:
  • Mr. Joseph W. Turgeon, Pres, CEO & Director (Age 60)
  • Mr. Kurt A. Gustafson, Exec. VP & CFO (Age 50)
  • Mr. Thomas J. Riga, Exec. VP, COO & Chief Commercial Officer (Age 42)
  • Mr. Shivpreet Kapoor, VP of Strategic Planning & Investor Relations
  • Mr. Keith McGahan, Sr. VP & Chief Legal Officer

Has Spectrum Pharmaceuticals been receiving favorable news coverage?

News stories about SPPI stock have trended somewhat negative this week, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Spectrum Pharmaceuticals earned a media sentiment score of -0.02 on Accern's scale. They also gave headlines about the biotechnology company an impact score of 44.81 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Spectrum Pharmaceuticals' major shareholders?

Spectrum Pharmaceuticals' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.48%), SHROTRIYA RAJESH C MD (5.92%), Dimensional Fund Advisors LP (2.32%), Northern Trust Corp (1.04%), Wells Fargo & Company MN (0.99%) and Principal Financial Group Inc. (0.69%). Company insiders that own Spectrum Pharmaceuticals stock include Joseph W Turgeon, Kurt A Gustafson, Rajesh C Md Shrotriya, Stuart Mitchell Krassner and Thomas J Riga. View Institutional Ownership Trends for Spectrum Pharmaceuticals.

Which institutional investors are selling Spectrum Pharmaceuticals stock?

SPPI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, ClariVest Asset Management LLC, California Public Employees Retirement System, Royal Bank of Canada, American International Group Inc., Public Employees Retirement Association of Colorado and State of Tennessee Treasury Department. Company insiders that have sold Spectrum Pharmaceuticals company stock in the last year include Joseph W Turgeon, Kurt A Gustafson, Rajesh C Md Shrotriya, Stuart Mitchell Krassner and Thomas J Riga. View Insider Buying and Selling for Spectrum Pharmaceuticals.

Which institutional investors are buying Spectrum Pharmaceuticals stock?

SPPI stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, UBS Group AG, BNP Paribas Arbitrage SA, DekaBank Deutsche Girozentrale, Wells Fargo & Company MN, Iguana Healthcare Management LLC, Harvey Partners LLC and Mackay Shields LLC. View Insider Buying and Selling for Spectrum Pharmaceuticals.

How do I buy shares of Spectrum Pharmaceuticals?

Shares of SPPI 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 Spectrum Pharmaceuticals' stock price today?

One share of SPPI stock can currently be purchased for approximately $19.33.

How big of a company is Spectrum Pharmaceuticals?

Spectrum Pharmaceuticals has a market capitalization of $2.04 billion and generates $128.37 million in revenue each year. The biotechnology company earns $-91,240,000.00 in net income (profit) each year or ($1.07) on an earnings per share basis. Spectrum Pharmaceuticals employs 215 workers across the globe.

How can I contact Spectrum Pharmaceuticals?

Spectrum Pharmaceuticals' mailing address is 11500 SOUTH EASTERN AVENUE SUITE 240, HENDERSON NV, 89052. The biotechnology company can be reached via phone at 702-835-6300 or via email at [email protected]


MarketBeat Community Rating for Spectrum Pharmaceuticals (SPPI)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  297 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  502
MarketBeat's community ratings are surveys of what our community members think about Spectrum Pharmaceuticals and other stocks. Vote "Outperform" if you believe SPPI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPPI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/24/2018 by MarketBeat.com Staff

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