NASDAQ:TGTX - TG Therapeutics Stock Price, News, & Analysis

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$6.92 -0.18 (-2.54 %)
(As of 05/19/2019 10:40 AM ET)
Previous Close$6.92
Today's Range$6.76 - $7.0750
52-Week Range$3.32 - $16.00
Volume1.08 million shs
Average Volume1.37 million shs
Market Capitalization$608.75 million
P/E RatioN/A
Dividend YieldN/A
Beta2.25
TG Therapeutics, Inc., a biopharmaceutical company, engages in developing and delivering medicines for patients with chronic lymphocytic leukemia (CLL), non-Hodgkin's Lymphoma (NHL), and Multiple Sclerosis (MS). It develops a robust B-cell directed research and development platform for identification of key B-cell pathways of interest and rapid clinical testing. The company has five B-cell targeted drug candidates in clinical development, with the lead two therapies, such as Ublituximab and Umbralisib in pivotal trials for CLL, NHL, and MS. Its Ublituximab is a novel anti-CD20 monoclonal antibody that has been glycoengineered for enhanced potency over first generation antibodies; and Umbralisib is an oral, once daily inhibitor of PI3K delta. The company also develops TG-1501, an anti-PD-L1 monoclonal antibody; TG-1701, an oral Bruton's Tyrosine Kinase; and TG-1801, an anti-CD47/CD19 bispecific antibody. TG Therapeutics, Inc. has strategic alliances with LFB Biotechnologies S.A.S; GTC Biotherapeutics; LFB/GTC LLC; Ildong Pharmaceutical Co. Ltd.; Rhizen Pharmaceuticals, S A; Checkpoint Therapeutics, Inc.; Jiangsu Hengrui Medicine Co.; Novimmune SA; Ligand Pharmaceuticals Incorporated; and Jubilant Biosys. TG Therapeutics, Inc. was incorporated in 1993 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:TGTX
CUSIPN/A
Phone212-554-4484

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$150,000.00
Book Value$0.22 per share

Profitability

Net Income$-173,480,000.00
Net Margins-99,471.43%

Miscellaneous

Employees105
Market Cap$608.75 million
Next Earnings Date8/6/2019 (Estimated)
OptionableOptionable

TG Therapeutics (NASDAQ:TGTX) Frequently Asked Questions

What is TG Therapeutics' stock symbol?

TG Therapeutics trades on the NASDAQ under the ticker symbol "TGTX."

How were TG Therapeutics' earnings last quarter?

TG Therapeutics Inc (NASDAQ:TGTX) released its earnings results on Friday, May, 10th. The biopharmaceutical company reported ($0.43) EPS for the quarter, topping analysts' consensus estimates of ($0.44) by $0.01. The biopharmaceutical company had revenue of $0.04 million for the quarter, compared to analysts' expectations of $0.04 million. TG Therapeutics had a negative return on equity of 309.17% and a negative net margin of 99,471.43%. View TG Therapeutics' Earnings History.

When is TG Therapeutics' next earnings date?

TG Therapeutics is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for TG Therapeutics.

What price target have analysts set for TGTX?

6 brokerages have issued 12 month target prices for TG Therapeutics' stock. Their forecasts range from $8.00 to $27.00. On average, they expect TG Therapeutics' stock price to reach $15.6667 in the next twelve months. This suggests a possible upside of 126.4% from the stock's current price. View Analyst Price Targets for TG Therapeutics.

What is the consensus analysts' recommendation for TG Therapeutics?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TG 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 TG Therapeutics.

What are Wall Street analysts saying about TG Therapeutics stock?

Here are some recent quotes from research analysts about TG Therapeutics stock:
  • 1. Cantor Fitzgerald analysts commented, ": We reiterate our Overweight and $17 PT. On the 1Q call, TG discussed recent pipeline progress, including the interim data for umbralisib in marginal zone lymphoma (MZL) that were presented at AACR last month and potential updates over the rest of 2019 and early 2020. After positive interim data for umbralisib in MZL, another major milestone will be discussing recent positive MZL data with the FDA. The final MZL data are to be presented toward the end of 2019 (we think potentially at the meantime, the company plans to present an update at ASCO and meet with the FDA to discuss accelerated approval." (5/13/2019)
  • 2. HC Wainwright analysts commented, "Our $20 price target is based on the net present value of our revenue forecast through 2027, applying a 40% probability of success (POS) for ublituximab in CLL, a 40% POS for umbralisib in CLL, a 30% POS for ublituximab in NHL, a 35% POS for umbralisib in 40% POS for ublituximab in MS." (4/12/2019)
  • 3. According to Zacks Investment Research, "TG Therapeutics, Inc. is a biopharmaceutical company focused on the acquisition, development and commercialization of pharmaceutical products for the treatment of cancer and other underserved therapeutic needs. The Company is focused on the development of a monoclonal antibody for the treatment of various B-cell proliferative disorders including lymphoma, leukemia, and auto-immune diseases. TG Therapeutics, Inc., formerly known as Manhattan Pharmaceuticals, Inc., is based in New York. " (4/6/2019)

Has TG Therapeutics been receiving favorable news coverage?

News headlines about TGTX stock have been trending positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TG Therapeutics earned a news impact score of 2.2 on InfoTrie's scale. They also gave media stories about the biopharmaceutical company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

Who are some of TG Therapeutics' key competitors?

What other stocks do shareholders of TG Therapeutics own?

Who are TG Therapeutics' key executives?

TG Therapeutics' management team includes the folowing people:
  • Mr. Michael S. Weiss, Exec. Chairman, CEO & Pres (Age 53)
  • Mr. Sean A. Power CPA, CFO, Corp. Sec. & Treasurer (Age 37)
  • Jenna Bosco, VP of Investor Relations & Sr. VP of Corp. Communications
  • Mr. Adam Waldman, Chief Commercial Officer

Who are TG Therapeutics' major shareholders?

TG Therapeutics' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.04%), FMR LLC (2.73%), Opaleye Management Inc. (1.55%), Goldman Sachs Group Inc. (1.07%), Geode Capital Management LLC (1.06%) and Northern Trust Corp (0.92%). Company insiders that own TG Therapeutics stock include Sean A Power and William James Kennedy. View Institutional Ownership Trends for TG Therapeutics.

Which major investors are selling TG Therapeutics stock?

TGTX stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Morgan Stanley, FMR LLC, BlackRock Inc., Jefferies Group LLC, California Public Employees Retirement System, SG Americas Securities LLC and Wells Fargo & Company MN. Company insiders that have sold TG Therapeutics company stock in the last year include Sean A Power and William James Kennedy. View Insider Buying and Selling for TG Therapeutics.

Which major investors are buying TG Therapeutics stock?

TGTX stock was purchased by a variety of institutional investors in the last quarter, including Opaleye Management Inc., Man Group plc, Goldman Sachs Group Inc., Geode Capital Management LLC, Raymond James & Associates, Charles Schwab Investment Management Inc., Measured Wealth Private Client Group LLC and Mycio Wealth Partners LLC. View Insider Buying and Selling for TG Therapeutics.

How do I buy shares of TG Therapeutics?

Shares of TGTX 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 TG Therapeutics' stock price today?

One share of TGTX stock can currently be purchased for approximately $6.92.

How big of a company is TG Therapeutics?

TG Therapeutics has a market capitalization of $608.75 million and generates $150,000.00 in revenue each year. TG Therapeutics employs 105 workers across the globe.

What is TG Therapeutics' official website?

The official website for TG Therapeutics is http://www.tgtherapeutics.com.

How can I contact TG Therapeutics?

TG Therapeutics' mailing address is 2 GANSEVOORT STREET 9TH FLOOR, NEW YORK NY, 10014. The biopharmaceutical company can be reached via phone at 212-554-4484 or via email at [email protected]


MarketBeat Community Rating for TG Therapeutics (NASDAQ TGTX)

Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  490 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  726
MarketBeat's community ratings are surveys of what our community members think about TG Therapeutics and other stocks. Vote "Outperform" if you believe TGTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TGTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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