NASDAQ:SPRO - Spero Therapeutics Stock Price, News & Analysis

$9.78
-0.36 (-3.55 %)
(As of 08/20/2019 08:50 AM ET)
Today's Range
$9.63
Now: $9.78
$10.2257
50-Day Range
$9.05
MA: $10.29
$12.04
52-Week Range
$5.52
Now: $9.78
$14.48
Volume19,715 shs
Average Volume30,021 shs
Market Capitalization$182.49 million
P/E RatioN/A
Dividend YieldN/A
Beta2.08
Spero Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on identifying, developing, and commercializing novel treatments for multi-drug resistant (MDR) bacterial infections in the United States. Its product candidate includes SPR994, an oral carbapenem-class antibiotic to treat MDR gram-negative infections for adults; SPR741, which is in Phase Ib clinical trial to treat MDR gram-negative infections in the hospital setting; SPR206, an agent that is phase I clinical trial to disrupt the outer membrane of gram-negative bacteria; and SPR720, an oral antibiotic, which is in phase I clinical trial for the treatment of pulmonary non-tuberculous mycobacterial infections. Read More…

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$3.97 million
Book Value$6.73 per share

Profitability

Net Income$-41,660,000.00
Net Margins-321.37%

Miscellaneous

Employees41
Market Cap$182.49 million
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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Spero Therapeutics (NASDAQ:SPRO) Frequently Asked Questions

What is Spero Therapeutics' stock symbol?

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

How were Spero Therapeutics' earnings last quarter?

Spero Therapeutics Inc (NASDAQ:SPRO) announced its earnings results on Thursday, August, 8th. The company reported ($0.74) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.64) by $0.10. The firm earned $2.16 million during the quarter, compared to analyst estimates of $6.95 million. Spero Therapeutics had a negative net margin of 321.37% and a negative return on equity of 33.84%. View Spero Therapeutics' Earnings History.

When is Spero Therapeutics' next earnings date?

Spero Therapeutics is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Spero Therapeutics.

What price target have analysts set for SPRO?

4 brokerages have issued 12 month price targets for Spero Therapeutics' shares. Their predictions range from $9.00 to $30.00. On average, they expect Spero Therapeutics' share price to reach $23.25 in the next year. This suggests a possible upside of 137.7% from the stock's current price. View Analyst Price Targets for Spero Therapeutics.

What is the consensus analysts' recommendation for Spero Therapeutics?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spero Therapeutics in the last year. There are currently 1 sell rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spero Therapeutics.

What are Wall Street analysts saying about Spero Therapeutics stock?

Here are some recent quotes from research analysts about Spero Therapeutics stock:
  • 1. According to Zacks Investment Research, "Spero Therapeutics Inc. is a multi-asset, clinical-stage biopharmaceutical company. It focused on identifying, developing and commercializing novel treatments for multi-drug resistant bacterial infections. Spero Therapeutics Inc. is based in CAMBRIDGE, United States. " (8/16/2019)
  • 2. HC Wainwright analysts commented, "916-3963, POS Risk-adj value Full value SPR994 (oral carbapenem) – cUTI 62% $22.87 $36.88 Shares outstanding 18,656 S/O as of SPR741 (IV potentiator) – MDR Gram (-) $3.22 $3.22 Current share price $9.23 Discount rate 14.5% SPR720 (oral treatment) – NTM $1.34 $1.34." (8/12/2019)
  • 3. Cantor Fitzgerald analysts commented, ". Post a solid quarter of execution, we are reiterating our OW rating and 12-month price target of $27 for SPRO shares. As the company advances its pipeline toward commercialization, we think upward earnings revisions and multiple expansion to levels not reflected in FactSet consensus expectations will drive SPRO’s stock higher. We also like the stock ahead of what we expect to be multiple positive data readouts for 2019+. Anticipated 2019 events include pharmacokinetic data from a lead-in cohort of 70 patients in 2H19 for SPR994 in the cUTI patient population, Phase 1 data for 1 data for SPR720." (5/9/2019)

Has Spero Therapeutics been receiving favorable news coverage?

Press coverage about SPRO stock has been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Spero Therapeutics earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Spero Therapeutics.

Are investors shorting Spero Therapeutics?

Spero Therapeutics saw a decrease in short interest in July. As of July 31st, there was short interest totalling 415,600 shares, a decrease of 6.0% from the June 30th total of 442,300 shares. Based on an average trading volume of 62,600 shares, the days-to-cover ratio is presently 6.6 days. Approximately 4.1% of the company's shares are short sold. View Spero Therapeutics' Current Options Chain.

Who are some of Spero Therapeutics' key competitors?

What other stocks do shareholders of Spero Therapeutics own?

Who are Spero Therapeutics' key executives?

Spero Therapeutics' management team includes the folowing people:
  • Mr. Ankit Mahadevia M.D., MBA, Co-Founder, CEO, Pres & Director (Age 38)
  • Mr. Joel D. Sendek, CFO, Treasurer & Sec. (Age 52)
  • Ms. Cristina Larkin, Chief Operating Officer (Age 49)
  • Dr. Thomas R. Parr Jr., Chief Scientific Officer (Age 65)
  • Ms. Sharon Klahre, Director of Investor Relations

When did Spero Therapeutics IPO?

(SPRO) raised $75 million in an initial public offering on Thursday, November 2nd 2017. The company issued 5,000,000 shares at a price of $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.

Who are Spero Therapeutics' major shareholders?

Spero Therapeutics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.52%), AWM Investment Company Inc. (3.42%), Artal Group S.A. (3.08%), Novo Holdings A S (2.50%), Vanguard Group Inc. (2.34%) and Renaissance Technologies LLC (1.23%). Company insiders that own Spero Therapeutics stock include Ankit Mahadevia, Casper Breum, 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 Artal Group S.A. and Fosun International Ltd. View Insider Buying and Selling for Spero Therapeutics.

Which institutional investors are buying Spero Therapeutics stock?

SPRO stock was bought by a variety of institutional investors in the last quarter, including Novo Holdings A S, BlackRock Inc., Renaissance Technologies LLC, AWM Investment Company Inc., Vanguard Group Inc., Marshall Wace LLP, JPMorgan Chase & Co. and D.A. Davidson & CO.. Company insiders that have bought Spero Therapeutics stock in the last two years include Casper Breum, Cristina Larkin, Joel Sendek and Plc Glaxosmithkline. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Spero Therapeutics' stock price today?

One share of SPRO stock can currently be purchased for approximately $9.78.

How big of a company is Spero Therapeutics?

Spero Therapeutics has a market capitalization of $182.49 million and generates $3.97 million in revenue each year. The company earns $-41,660,000.00 in net income (profit) each year or ($2.60) on an earnings per share basis. Spero Therapeutics employs 41 workers across the globe.View Additional Information About Spero Therapeutics.

What is Spero Therapeutics' official website?

The official website for Spero Therapeutics is http://www.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]


MarketBeat Community Rating for Spero Therapeutics (NASDAQ SPRO)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  133 (Vote Outperform)
Underperform Votes:  121 (Vote Underperform)
Total Votes:  254
MarketBeat's community ratings are surveys of what our community members think about Spero Therapeutics and other stocks. Vote "Outperform" if you believe SPRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2019 by MarketBeat.com Staff

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