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NASDAQ:STRO

Sutro Biopharma - STRO Stock Forecast, Price & News

$6.64
0.00 (0.00%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$6.51
$6.73
50-Day Range
$3.41
$7.11
52-Week Range
$3.33
$23.70
Volume
168,081 shs
Average Volume
718,073 shs
Market Capitalization
$346.35 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$24.33

Sutro Biopharma MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
228.8% Upside
$21.83 Price Target
Short Interest
Bearish
12.05% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.70
Upright™ Environmental Score
News Sentiment
0.53mentions of Sutro Biopharma in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($2.36) to ($2.91) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Medical Sector

694th out of 1,119 stocks

Biological Products, Except Diagnostic Industry

113th out of 178 stocks

STRO stock logo

About Sutro Biopharma (NASDAQ:STRO) Stock

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 and site-specific conjugation platform, XpressCF+.The company's product candidates include STRO-001, an antibody-drug conjugate (ADC) directed against the cancer target CD74 for patients with multiple myeloma and non-Hodgkin lymphoma that is in Phase 1 clinical trials; and STRO-002, an ADC directed against folate receptor-alpha for patients with ovarian and endometrial cancers, which is in Phase 1 clinical trials. It has collaboration and license agreements with Merck Collaboration to develop research programs focusing on cytokine derivatives for cancer and autoimmune disorders; and Celgene Corporation to discover and develop bispecific antibodies and/or ADCs focused on the field of immuno-oncology. The company was formerly known as Fundamental Applied Biology, Inc. Sutro Biopharma, Inc. was incorporated in 2003 and is headquartered in South San Francisco, California.

Sutro Biopharma Stock Performance

Shares of STRO Stock traded down $0.04 during mid-day trading on Thursday, hitting $6.60. The stock had a trading volume of 4,147 shares, compared to its average volume of 471,550. Sutro Biopharma has a fifty-two week low of $3.33 and a fifty-two week high of $23.70. The company has a debt-to-equity ratio of 0.05, a current ratio of 7.44 and a quick ratio of 7.44. The company's 50-day simple moving average is $5.46 and its 200-day simple moving average is $6.69. The firm has a market cap of $344.26 million, a PE ratio of -2.27 and a beta of 0.94.

Sutro Biopharma (NASDAQ:STRO - Get Rating) last posted its earnings results on Monday, August 8th. The company reported ($0.55) EPS for the quarter, missing analysts' consensus estimates of ($0.46) by ($0.09). Sutro Biopharma had a negative return on equity of 55.57% and a negative net margin of 252.33%. Sell-side analysts anticipate that Sutro Biopharma will post -2.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on STRO. Piper Sandler increased their price objective on shares of Sutro Biopharma to $16.00 in a research report on Monday, July 4th. Wells Fargo & Company reiterated an "overweight" rating and set a $15.00 target price on shares of Sutro Biopharma in a research report on Thursday. JMP Securities reissued a "buy" rating and issued a $20.00 target price on shares of Sutro Biopharma in a research report on Wednesday, July 6th. HC Wainwright cut their price target on Sutro Biopharma from $35.00 to $30.00 in a research report on Wednesday, May 11th. Finally, Wedbush decreased their price objective on Sutro Biopharma from $30.00 to $20.00 in a report on Tuesday, May 10th.

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STRO Stock News Headlines

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STRO Company Calendar

Last Earnings
8/08/2022
Today
8/18/2022
Next Earnings (Estimated)
11/09/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Biological products, except diagnostic
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:STRO
Fax
N/A
Employees
224
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$21.83
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+266.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-105,540,000.00
Net Margins
-252.33%
Pretax Margin
-247.63%

Debt

Sales & Book Value

Annual Sales
$61.88 million
Book Value
$4.01 per share

Miscellaneous

Free Float
48,301,000
Market Cap
$346.35 million
Optionable
Not Optionable
Beta
0.94

Key Executives

  • Mr. William J. Newell J.D. (Age 64)
    CEO & Director
    Comp: $1.06M
  • Mr. Edward C. Albini (Age 64)
    CFO & Sec.
    Comp: $596.4k
  • Dr. Trevor J. Hallam (Age 63)
    Pres of Research & Chief Scientific Officer
    Comp: $882.83k
  • Dr. Arturo M. Molina FACP (Age 63)
    M.D., M.S., MS, Chief Medical Officer
    Comp: $691.83k
  • Ms. Jane Chung R.Ph. (Age 51)
    Chief Commercial Officer
    Comp: $832.52k
  • Dr. James R. Swartz Ph.D.
    Sc.D., Founder
  • Dr. Shabbir T. Anik (Age 69)
    Chief Technical Operations Officer
  • Ms. Annie J. Chang M.B.A.
    VP of Investor Relations
  • Mr. David Pauling J.D.
    M.A., Gen. Counsel
  • Ms. Linda A. Fitzpatrick (Age 65)
    Chief People & Communications Officer













STRO Stock - Frequently Asked Questions

Should I buy or sell Sutro Biopharma stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sutro Biopharma in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" STRO shares.
View STRO analyst ratings
or view top-rated stocks.

What is Sutro Biopharma's stock price forecast for 2022?

4 brokers have issued 1 year price targets for Sutro Biopharma's shares. Their STRO share price forecasts range from $15.00 to $30.00. On average, they anticipate the company's share price to reach $21.83 in the next twelve months. This suggests a possible upside of 228.8% from the stock's current price.
View analysts price targets for STRO
or view top-rated stocks among Wall Street analysts.

How have STRO shares performed in 2022?

Sutro Biopharma's stock was trading at $14.88 at the beginning of 2022. Since then, STRO stock has decreased by 55.4% and is now trading at $6.64.
View the best growth stocks for 2022 here
.

When is Sutro Biopharma's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our STRO earnings forecast
.

How were Sutro Biopharma's earnings last quarter?

Sutro Biopharma, Inc. (NASDAQ:STRO) posted its quarterly earnings data on Monday, August, 8th. The company reported ($0.55) EPS for the quarter, missing the consensus estimate of ($0.46) by $0.09. Sutro Biopharma had a negative net margin of 252.33% and a negative trailing twelve-month return on equity of 55.57%.

What is William J. Newell's approval rating as Sutro Biopharma's CEO?

11 employees have rated Sutro Biopharma Chief Executive Officer William J. Newell on Glassdoor.com. William J. Newell has an approval rating of 100% among the company's employees. This puts William J. Newell in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Sutro Biopharma own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sutro Biopharma investors own include Pfizer (PFE), VBI Vaccines (VBIV), Aldeyra Therapeutics (ALDX), Dynavax Technologies (DVAX), Fulcrum Therapeutics (FULC), IDEAYA Biosciences (IDYA), Provention Bio (PRVB), Sorrento Therapeutics (SRNE), Xeris Biopharma (XERS) and AbbVie (ABBV).

When did Sutro Biopharma IPO?

(STRO) raised $75 million in an initial public offering on Thursday, September 27th 2018. The company issued 5,000,000 shares at a price of $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.

What is Sutro Biopharma's stock symbol?

Sutro Biopharma trades on the NASDAQ under the ticker symbol "STRO."

Who are Sutro Biopharma's major shareholders?

Sutro Biopharma's stock is owned by a number of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (8.04%), Baillie Gifford & Co. (3.97%), State Street Corp (1.54%), FMR LLC (1.27%), Goldman Sachs Group Inc. (0.97%) and Pentwater Capital Management LP (0.73%). Insiders that own company stock include Arturo Md Molina, John Gordon Freund, Nicki Vasquez, Trevor Hallam and William J Newell.
View institutional ownership trends
.

How do I buy shares of Sutro Biopharma?

Shares of STRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sutro Biopharma's stock price today?

One share of STRO stock can currently be purchased for approximately $6.64.

How much money does Sutro Biopharma make?

Sutro Biopharma (NASDAQ:STRO) has a market capitalization of $346.35 million and generates $61.88 million in revenue each year. The company earns $-105,540,000.00 in net income (profit) each year or ($2.89) on an earnings per share basis.

How many employees does Sutro Biopharma have?

The company employs 224 workers across the globe.

How can I contact Sutro Biopharma?

Sutro Biopharma's mailing address is 310 Utah Avenue Suite 150, South San Francisco CA, 94080. The official website for the company is www.sutrobio.com. The company can be reached via phone at (650) 392-8412 or via email at ajchang@sutrobio.com.

This page (NASDAQ:STRO) was last updated on 8/18/2022 by MarketBeat.com Staff

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