Log in

NASDAQ:SPROSpero Therapeutics Stock Price, Forecast & News

$13.00
+0.04 (+0.31 %)
(As of 06/2/2020 04:00 PM ET)
Add
Compare
Today's Range
$12.60
Now: $13.00
$13.43
50-Day Range
$7.63
MA: $10.82
$12.75
52-Week Range
$5.25
Now: $13.00
$14.38
Volume269,205 shs
Average Volume131,930 shs
Market Capitalization$267.74 million
P/E RatioN/A
Dividend YieldN/A
Beta1.96
Spero Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on identifying, developing, and commercializing novel treatments for multi-drug resistant (MDR) bacterial infections and rare diseases in the United States. Its product candidates include tebipenem pivoxil hydrobromide (HBr), an oral carbapenem-class antibiotic to treat MDR gram-negative infections for adults; SPR206, a direct acting IV-administered agent to treat MDR Gram-negative infections in the hospital; and SPR720, an oral antibiotic for the treatment of pulmonary non-tuberculous mycobacterial disease. Spero Therapeutics, Inc. has license agreement with Meiji Seika Pharma Co., Ltd. to support the development of tebipenem HBr; collaboration agreement with Everest Medicines to develop, manufacture, and commercialize SPR206 in Greater China, South Korea, and Southeast Asian countries; collaboration agreement with Bill & Melinda Gates Medical Research Institute to develop SPR720 for the treatment of lung infections caused by Mycobacterium tuberculosis; and license agreement with Vertex Pharmaceuticals Incorporated for patents relating to SPR720, as well as SPR719, an active metabolite. The company was founded in 2013 and is headquartered in Cambridge, Massachusetts.
Read More
Spero Therapeutics logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.57 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:SPRO
CUSIPN/A
Phone857-242-1600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$18.15 million
Book Value$3.90 per share

Profitability

Net Income$-60,920,000.00
Net Margins-654.03%

Miscellaneous

Employees57
Market Cap$267.74 million
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

Receive SPRO News and Ratings via Email

Sign-up to receive the latest news and ratings for SPRO and its competitors with MarketBeat's FREE daily newsletter.

Spero Therapeutics (NASDAQ:SPRO) Frequently Asked Questions

How has Spero Therapeutics' stock been impacted by COVID-19 (Coronavirus)?

Spero Therapeutics' stock was trading at $7.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SPRO shares have increased by 67.7% and is now trading at $13.00. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Spero Therapeutics?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spero Therapeutics in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Spero Therapeutics.

When is Spero Therapeutics' next earnings date?

Spero Therapeutics is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Spero Therapeutics.

How were Spero Therapeutics' earnings last quarter?

Spero Therapeutics Inc (NASDAQ:SPRO) posted its earnings results on Friday, May, 8th. The company reported ($1.22) EPS for the quarter, beating the consensus estimate of ($1.35) by $0.13. The firm had revenue of $1.70 million for the quarter, compared to analysts' expectations of $3.36 million. Spero Therapeutics had a negative return on equity of 88.22% and a negative net margin of 654.03%. View Spero Therapeutics' earnings history.

What price target have analysts set for SPRO?

6 brokers have issued twelve-month price targets for Spero Therapeutics' shares. Their forecasts range from $20.00 to $28.00. On average, they anticipate Spero Therapeutics' stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 76.9% from the stock's current price. View analysts' price targets for Spero Therapeutics.

Has Spero Therapeutics been receiving favorable news coverage?

Media headlines about SPRO stock have trended somewhat negative this week, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Spero Therapeutics earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutSpero Therapeutics.

Are investors shorting Spero Therapeutics?

Spero Therapeutics saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 536,900 shares, an increase of 6.5% from the April 15th total of 504,100 shares. Based on an average trading volume of 103,100 shares, the days-to-cover ratio is presently 5.2 days. Approximately 3.8% of the shares of the stock are sold short. View Spero Therapeutics' Current Options Chain.

Who are some of Spero Therapeutics' key competitors?

What other stocks do shareholders of Spero Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spero Therapeutics investors own include Crispr Therapeutics (CRSP), Viking Therapeutics (VKTX), Inovio Pharmaceuticals (INO), Intellia Therapeutics (NTLA), Editas Medicine (EDIT), NVIDIA (NVDA), SCYNEXIS (SCYX), Advanced Micro Devices (AMD), Nokia Oyj (NOK) and Akoustis Technologies (AKTS).

Who are Spero Therapeutics' key executives?

Spero Therapeutics' management team includes the following people:
  • Dr. Ankit Mahadevia M.D., MBA, Co-Founder, CEO, Pres & Director (Age 39, Pay $747.88k)
  • Ms. Cristina Larkin, Chief Operating Officer (Age 50, Pay $552.96k)
  • Dr. David A. Melnick M.D., Chief Medical Officer (Age 68, Pay $545.96k)
  • Mr. Stephen J. DiPalma M.B.A., Interim CFO & Treasurer (Age 61)
  • Dr. Thomas R. Parr Jr., Chief Scientific Officer (Age 66)

When did Spero Therapeutics IPO?

(SPRO) raised $75 million in an IPO on Thursday, November 2nd 2017. The company issued 5,000,000 shares at $14.00-$16.00 per share. BofA Merrill Lynch, Cowen and Stifel served as the underwriters for the IPO and Oppenheimer & Co. was co-manager.

What is Spero Therapeutics' stock symbol?

Spero Therapeutics trades on the NASDAQ under the ticker symbol "SPRO."

Who are Spero Therapeutics' major shareholders?

Spero Therapeutics' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.34%), Rock Springs Capital Management LP (2.94%), VR Adviser LLC (2.30%), State Street Corp (1.37%), Granahan Investment Management Inc. MA (0.84%) and Geode Capital Management LLC (0.75%). Company insiders that own Spero Therapeutics stock include Ankit Mahadevia, Cristina Larkin, Joel Sendek and Plc Glaxosmithkline. View institutional ownership trends for Spero Therapeutics.

Which institutional investors are selling Spero Therapeutics stock?

SPRO stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., UBS Group AG, and Deutsche Bank AG. View insider buying and selling activity for Spero Therapeutics.

Which institutional investors are buying Spero Therapeutics stock?

SPRO stock was acquired by a variety of institutional investors in the last quarter, including VR Adviser LLC, BlackRock Inc., Rock Springs Capital Management LP, State Street Corp, DAFNA Capital Management LLC, Dupont Capital Management Corp, Geode Capital Management LLC, and Granahan Investment Management Inc. MA. View insider buying and selling activity for Spero Therapeutics.

How do I buy shares of Spero Therapeutics?

Shares of SPRO 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 Spero Therapeutics' stock price today?

One share of SPRO stock can currently be purchased for approximately $13.00.

How big of a company is Spero Therapeutics?

Spero Therapeutics has a market capitalization of $267.74 million and generates $18.15 million in revenue each year. The company earns $-60,920,000.00 in net income (profit) each year or ($3.35) on an earnings per share basis. Spero Therapeutics employs 57 workers across the globe.

What is Spero Therapeutics' official website?

The official website for Spero Therapeutics is sperotherapeutics.com.

How can I contact Spero Therapeutics?

Spero Therapeutics' mailing address is 675 Massachusetts Avenue 14th Floor, Cambridge MA, 02139. The company can be reached via phone at 857-242-1600 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.