Sutro Biopharma, Inc operates as clinical stage drug discovery, development, and manufacturing company. It focuses on creating protein therapeutics for cancer and autoimmune disorders through integrated cell-free protein synthesis platform, XpressCF. The company's product candidates include STRO-001, an antibody-drug conjugate (ADC) directed against the cancer target CD74 for multiple myeloma and non-Hodgkin lymphoma; and STRO-002, an ADC directed against folate receptor-alpha for patients with ovarian and endometrial cancers.
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Industry, Sector and Symbol
Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
CIKN/A
Phone650-392-8412
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$38.42 million
Profitability
Miscellaneous
Employees141
Next Earnings Date4/6/2020 (Estimated)
OptionableNot Optionable
Sutro Biopharma (NASDAQ:STRO) Frequently Asked Questions
What is Sutro Biopharma's stock symbol?
Sutro Biopharma trades on the NASDAQ under the ticker symbol "STRO."
How were Sutro Biopharma's earnings last quarter?
Sutro Biopharma Inc (NASDAQ:STRO) posted its earnings results on Friday, November, 8th. The company reported ($0.56) EPS for the quarter, topping the Zacks' consensus estimate of ($0.65) by $0.09. The business earned $12.28 million during the quarter, compared to the consensus estimate of $8.88 million. View Sutro Biopharma's Earnings History.
When is Sutro Biopharma's next earnings date?
What price target have analysts set for STRO?
6 brokers have issued twelve-month price objectives for Sutro Biopharma's stock. Their forecasts range from $16.00 to $22.00. On average, they anticipate Sutro Biopharma's stock price to reach $19.40 in the next year. This suggests a possible upside of 81.1% from the stock's current price. View Analyst Price Targets for Sutro Biopharma.
What is the consensus analysts' recommendation for Sutro Biopharma?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sutro Biopharma in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sutro Biopharma.
What are Wall Street analysts saying about Sutro Biopharma stock?
Here are some recent quotes from research analysts about Sutro Biopharma stock:
- 1. According to Zacks Investment Research, "Sutro Biopharma Inc. develops and manufactures pharmaceutical products. The Company provides antibody drug conjugate and multi-specific antibody-based therapeutics for cancer therapy. Its product pipeline consists of STRO-001 and STRO-002 which are in clinical stage. Sutro Biopharma Inc. is based in South San Francisco, California. " (8/17/2019)
- 2. HC Wainwright analysts commented, "Valuation and risks to our investment thesis. Our 12-month, $18 price target on shares of Sutro is derived from a 13-year DCF-based, sum-of-the-parts analysis. Our DCF is driven by: beta of 1.60, terminal growth rate of 0.5%, risk premium of 4.93%, calculated WACC of 10.3%, and tax rate of 15% beginning in FY 2029. Until clarity on Sutro’s collaboration with Celgene and Merck crystallizes, our $18 price target remains leveraged on the outcome of STRO-002’s safety and efficacy outcome, which represents approximately 67% of our rNPV of $12 per share." (5/7/2019)
Has Sutro Biopharma been receiving favorable news coverage?
Media coverage about STRO stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sutro Biopharma earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Sutro Biopharma.
Who are some of Sutro Biopharma's key competitors?
Some companies that are related to Sutro Biopharma include NanoString Technologies (NSTG), Rubius Therapeutics (RUBY), Vericel (VCEL), AVITA MED LTD/S (RCEL), SpringWorks Therapeutics (SWTX), BAVARIAN NORDIC/S (BVNRY), Twist Bioscience (TWST), Krystal Biotech (KRYS), Atara Biotherapeutics (ATRA), Osiris Therapeutics (OSIR), AVITA MED LTD/S (AVMXY), Mesoblast (MESO), Autolus Therapeutics (AUTL), Cortexyme (CRTX) and Voyager Therapeutics (VYGR).
What other stocks do shareholders of Sutro Biopharma own?
Who are Sutro Biopharma's key executives?
Sutro Biopharma's management team includes the folowing people:
- Mr. William J. Newell, CEO & Director (Age 61)
- Dr. Trevor J. Hallam, Chief Scientific Officer (Age 60)
- Dr. Arturo M. Molina, Chief Medical Officer (Age 60)
- Dr. James R. Swartz Sc.D., Ph.D., Founder and Member of Scientific Advisory Board
- Mr. Edward C. Albini, CFO & Sec. (Age 61)
When did Sutro Biopharma IPO?
(STRO) raised $75 million in an IPO on Thursday, September 27th 2018. The company issued 5,000,000 shares at $14.00-$16.00 per share. Cowen and Piper Jaffray acted as the underwriters for the IPO and JMP Securities and Wedbush PacGrow were co-managers.
Who are Sutro Biopharma's major shareholders?
Sutro Biopharma's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Rhumbline Advisers (0.06%) and SG Americas Securities LLC (0.04%). Company insiders that own Sutro Biopharma stock include Daniel H Petree and Merck & Co, Inc. View Institutional Ownership Trends for Sutro Biopharma.
Which institutional investors are selling Sutro Biopharma stock?
Which institutional investors are buying Sutro Biopharma stock?
How do I buy shares of Sutro Biopharma?
Shares of STRO 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 Sutro Biopharma's stock price today?
One share of STRO stock can currently be purchased for approximately $10.71.
How big of a company is Sutro Biopharma?
Sutro Biopharma has a market capitalization of $247.29 million and generates $38.42 million in revenue each year. The company earns $-35,320,000.00 in net income (profit) each year or ($6.13) on an earnings per share basis. Sutro Biopharma employs 141 workers across the globe.View Additional Information About Sutro Biopharma.
What is Sutro Biopharma's official website?
How can I contact Sutro Biopharma?
Sutro Biopharma's mailing address is 310 Utah Avenue Suite 150, South San Francisco CA, 94080. The company can be reached via phone at 650-392-8412.
MarketBeat Community Rating for Sutro Biopharma (NASDAQ STRO)
MarketBeat's community ratings are surveys of what our community members think about Sutro Biopharma and other stocks. Vote "Outperform" if you believe STRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
