NASDAQ:TCONTRACON Pharmaceuticals Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TRACON Pharmaceuticals Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.13 -0.17 (-7.39 %) (As of 06/1/2020 12:48 PM ET) Add Compare Share Today's Range$2.02Now: $2.13▼$2.2850-Day Range$1.76MA: $1.97▼$2.4552-Week Range$0.95Now: $2.13▼$8.90Volume19,711 shsAverage Volume434,245 shsMarket Capitalization$11.72 millionP/E RatioN/ADividend YieldN/ABeta2.05 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media TRACON Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapeutics for cancer and wet age-related macular degeneration (AMD). Its lead product candidate is TRC105, an endoglin antibody, which is in randomized Phase III clinical trial for angiosarcoma; Phase I/II clinical trial for hepatocellular carcinoma; Phase I clinical trial for lung cancer; Phase I/II clinical trial for breast cancer; Phase II clinical trials for prostate cancer; and randomized Phase II clinical trial for wet AMD. The company also develops TRC102, a small molecule that is in Phase II clinical trial for mesothelioma, Phase I clinical trial for solid tumors and lung cancer, and Phase I/II clinical trial for solid tumors and lymphomas; and TRC253, a small molecule high affinity competitive inhibitor of wild type androgen receptor (AR) and multiple AR mutant receptors that is in Phase I/II clinical trial for the treatment prostate cancer. In addition, it is developing TJ004309, a novel humanized antibody against CD73 that is in Phase I clinical trial to treat patients with solid tumors through a strategic collaboration and clinical trial agreement with I-Mab Biopharma. The company has license agreements with Ambrx, Inc.; Santen Pharmaceutical Co. Ltd.; Roswell Park Cancer Institute and Health Research Inc.; Case Western Cancer Center; and Lonza Sales AG, as well as a cooperative research and development agreement with National Cancer Institute. The company was formerly known as Lexington Pharmaceuticals, Inc. and changed its name to TRACON Pharmaceuticals, Inc. in March 2005. TRACON Pharmaceuticals, Inc. was founded in 2004 and is headquartered in San Diego, California.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingTRACON Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.00, TRACON Pharmaceuticals has a potential upside of 87.8% from its current price of $2.13.Amount of Analyst CoverageTRACON Pharmaceuticals has only been the subject of 1 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesTRACON Pharmaceuticals has received 237 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTRACON Pharmaceuticals has received 191 “underperform” votes. (Add your “underperform” vote.)Community SentimentTRACON Pharmaceuticals has received 55.37% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about TRACON Pharmaceuticals and other stocks. Vote “Outperform” if you believe TCON will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TCON will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldTRACON Pharmaceuticals does not currently pay a dividend.Dividend GrowthTRACON Pharmaceuticals does not have a long track record of dividend growth. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TRACON Pharmaceuticals insiders have bought more of their company's stock than they have sold. Specifically, they have bought $52,531.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.51% of the stock of TRACON Pharmaceuticals is held by insiders.Percentage Held by InstitutionsOnly 23.02% of the stock of TRACON Pharmaceuticals is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TRACON Pharmaceuticals are expected to grow in the coming year, from ($3.46) to ($1.81) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TRACON Pharmaceuticals is -0.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TRACON Pharmaceuticals is -0.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTRACON Pharmaceuticals has a P/B Ratio of 3.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.99 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:TCON Previous Symbol CUSIPN/A CIK1394319 Webwww.traconpharma.com Phone858-550-0780Debt Debt-to-Equity Ratio1.23 Current Ratio1.71 Quick Ratio1.71Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$3 million Price / Sales3.91 Cash FlowN/A Price / Cash FlowN/A Book Value$0.67 per share Price / Book3.18Profitability EPS (Most Recent Fiscal Year)($7.47) Net Income$-22,670,000.00 Net MarginsN/A Return on Equity-422.70% Return on Assets-93.85%Miscellaneous Employees26 Outstanding Shares5,500,000Market Cap$11.72 million Next Earnings Date8/5/2020 (Estimated) OptionableNot Optionable NASDAQ:TCON Rates by TradingView Receive TCON News and Ratings via Email Sign-up to receive the latest news and ratings for TCON and its competitors with MarketBeat's FREE daily newsletter. TRACON Pharmaceuticals (NASDAQ:TCON) Frequently Asked Questions How has TRACON Pharmaceuticals' stock been impacted by COVID-19 (Coronavirus)? TRACON Pharmaceuticals' stock was trading at $1.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TCON stock has increased by 51.1% and is now trading at $2.13. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of TRACON Pharmaceuticals? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TRACON Pharmaceuticals in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TRACON Pharmaceuticals. When is TRACON Pharmaceuticals' next earnings date? TRACON Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for TRACON Pharmaceuticals. How were TRACON Pharmaceuticals' earnings last quarter? TRACON Pharmaceuticals Inc (NASDAQ:TCON) announced its quarterly earnings results on Wednesday, May, 13th. The biopharmaceutical company reported ($0.78) EPS for the quarter, beating the consensus estimate of ($1.13) by $0.35. View TRACON Pharmaceuticals' earnings history. What price target have analysts set for TCON? 1 brokerages have issued 1-year price targets for TRACON Pharmaceuticals' shares. Their forecasts range from $4.00 to $4.00. On average, they expect TRACON Pharmaceuticals' stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 87.8% from the stock's current price. View analysts' price targets for TRACON Pharmaceuticals. Has TRACON Pharmaceuticals been receiving favorable news coverage? News headlines about TCON stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news 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. TRACON Pharmaceuticals earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned news coverage about the biopharmaceutical company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutTRACON Pharmaceuticals. Are investors shorting TRACON Pharmaceuticals? TRACON Pharmaceuticals saw a decline in short interest in May. As of May 15th, there was short interest totaling 25,400 shares, a decline of 56.4% from the April 30th total of 58,200 shares. Based on an average trading volume of 242,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.5% of the company's shares are short sold. View TRACON Pharmaceuticals' Current Options Chain. Who are some of TRACON Pharmaceuticals' key competitors? Some companies that are related to TRACON Pharmaceuticals include Allena Pharmaceuticals (ALNA), Polarityte (PTE), Acorda Therapeutics (ACOR), aTyr Pharma (LIFE), Pharmacyte Biotech (PMCB), Curis (CRIS), Creative Realities (CRDF), BioCardia (BCDA), TrovaGene (TROV), Titan Pharmaceuticals (TTNP), CytRx (CYTR), Entera Bio (ENTX), Genetic Technologies (GENE), Vitro Diagnostics (VODG) and Seneca Biopharma (SNCA). View all competitors. What other stocks do shareholders of TRACON Pharmaceuticals own? Based on aggregate information from My MarketBeat watchlists, some companies that other TRACON Pharmaceuticals investors own include SCYNEXIS (SCYX), Verastem (VSTM), Inovio Pharmaceuticals (INO), Opko Health (OPK), NVIDIA (NVDA), Sorrento Therapeutics (SRNE), T2 Biosystems (TTOO), Gilead Sciences (GILD), Novavax (NVAX) and Progenics Pharmaceuticals (PGNX). Who are TRACON Pharmaceuticals' key executives? TRACON Pharmaceuticals' management team includes the following people: Dr. Charles P. Theuer, CEO, Pres, Principal Financial Officer, Principal Accounting Officer & Director (Age 55)Mr. Scott B. Brown, VP & Head of Fin.Dr. Sharon Real, Exec. VP of Product Devel. (Age 55)Ms. Bonne Adams, Exec. VP of Clinical Operations (Age 42)Ms. Suzy Benedict, Sr. VP of Regulatory Affairs When did TRACON Pharmaceuticals IPO? (TCON) raised $47 million in an initial public offering (IPO) on Friday, January 30th 2015. The company issued 3,600,000 shares at a price of $12.00-$14.00 per share. Wells Fargo Securities and Stifel acted as the underwriters for the IPO and Needham & Company and Oppenheimer were co-managers. What is TRACON Pharmaceuticals' stock symbol? TRACON Pharmaceuticals trades on the NASDAQ under the ticker symbol "TCON." Who are TRACON Pharmaceuticals' major shareholders? TRACON Pharmaceuticals' stock is owned by many different retail and institutional investors. Top institutional investors include Two Sigma Investments LP (0.65%), JPMorgan Chase & Co. (0.62%) and Dowling & Yahnke LLC (0.27%). Company insiders that own TRACON Pharmaceuticals stock include Charles Theuer, Cross-Border Opportu Puissance and Mark C Wiggins. View institutional ownership trends for TRACON Pharmaceuticals. Which major investors are buying TRACON Pharmaceuticals stock? TCON stock was purchased by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, JPMorgan Chase & Co., and Dowling & Yahnke LLC. Company insiders that have bought TRACON Pharmaceuticals stock in the last two years include Charles Theuer, Cross-Border Opportu Puissance, and Mark C Wiggins. View insider buying and selling activity for TRACON Pharmaceuticals. How do I buy shares of TRACON Pharmaceuticals? Shares of TCON 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 TRACON Pharmaceuticals' stock price today? One share of TCON stock can currently be purchased for approximately $2.13. How big of a company is TRACON Pharmaceuticals? TRACON Pharmaceuticals has a market capitalization of $11.72 million and generates $3 million in revenue each year. The biopharmaceutical company earns $-22,670,000.00 in net income (profit) each year or ($7.47) on an earnings per share basis. TRACON Pharmaceuticals employs 26 workers across the globe. What is TRACON Pharmaceuticals' official website? The official website for TRACON Pharmaceuticals is www.traconpharma.com. How can I contact TRACON Pharmaceuticals? TRACON Pharmaceuticals' mailing address is 4350 LA JOLLA VILLAGE DRIVE SUITE 800, San Diego CA, 92122. The biopharmaceutical company can be reached via phone at 858-550-0780 or via email at [email protected] This page was last updated on 6/1/2020 by MarketBeat.com Staff
