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

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$4.79 +0.03 (+0.63 %)
(As of 02/19/2019 02:02 PM ET)
Previous Close$4.76
Today's Range$4.72 - $4.88
52-Week Range$3.32 - $17.35
Volume47,299 shs
Average Volume1.44 million shs
Market Capitalization$397.08 million
P/E Ratio-2.52
Dividend YieldN/A
Beta2.07
TG Therapeutics, Inc., a biopharmaceutical company, focuses on the acquisition, development, and commercialization of novel treatments for B-cell malignancies and autoimmune diseases in the United States. It develops TG-1101 (ublituximab), a chimeric, glycoengineered monoclonal antibody that targets an epitope on the CD20 antigen found on the surface of B-lymphocytes developed to aid in the depletion of circulating B-cells; and TG-1101 in combination with TGR-1202 for relapsed/refractory chronic lymphocytic leukemia. The company also develops TGR-1202, an orally available phosphoinositide-3-kinase delta inhibitor with nanomolar potency to the delta isoform and high selectivity over the alpha, beta, and gamma isoforms, as well as for hematologic malignancies. In addition, it develops a pre-clinical program to develop interleukin-1 receptor-associated kinase 4 (IRAK4) inhibitors; bromodomain and extra terminal (BET) inhibitor program for cancer treatment; and anti-PD-L1 and anti-GITR antibody research programs that are in pre-clinical development stage in the field of hematological malignancies. The company has license agreements with LFB Biotechnologies S.A.S, GTC Biotherapeutics, LFB/GTC LLC, and Ildong Pharmaceutical Co. Ltd. for the development and commercialization of TG-1101 (ublituximab); Rhizen Pharmaceuticals, SA for the development and commercialization of TGR-1202; Ligand Pharmaceuticals Incorporated for the development and commercialization of IRAK4 inhibitor technology; Checkpoint Therapeutics, Inc. for the development and commercialization of anti-PD-L1 and anti-GITR antibody research programs; and Jubilant Biosys for the development and commercialization of BET inhibitor program. 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$0.95 per share

Profitability

Net Income$-118,470,000.00
Net Margins-99,001.33%

Miscellaneous

Employees75
Market Cap$397.08 million
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) announced its quarterly earnings data on Tuesday, August, 7th. The biopharmaceutical company reported ($0.59) EPS for the quarter, missing the Zacks' consensus estimate of ($0.55) by $0.04. The biopharmaceutical company earned $0.04 million during the quarter, compared to analysts' expectations of $0.04 million. TG Therapeutics had a negative net margin of 99,001.33% and a negative return on equity of 185.20%. View TG Therapeutics' Earnings History.

When is TG Therapeutics' next earnings date?

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

What price target have analysts set for TGTX?

5 equities research analysts have issued 12-month target prices for TG Therapeutics' shares. Their predictions range from $8.00 to $27.00. On average, they expect TG Therapeutics' stock price to reach $15.40 in the next year. This suggests a possible upside of 221.5% from the stock's current price. View Analyst Price Targets for TG Therapeutics.

What is the consensus analysts' recommendation for TG Therapeutics?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TG Therapeutics in the last year. There are currently 5 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. 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. " (2/6/2019)
  • 2. HC Wainwright analysts commented, "Our $20 price target is based on the net present value of our revenue forecast through 2026, applying a 45% probability of success (POS) for ublituximab in CLL, a 45% POS for umbralisib in 25% POS for both ublituximab and umbralisib in NHL. We use a 4x price/sales multiple for these products, an early stage pipeline value of $2.84/share, and fully diluted net cash of $0.75/share to arrive at our price target. Our P/S multiple of 4x is in-line with TG’s peers that range between 2-5x." (1/22/2019)

Has TG Therapeutics been receiving favorable news coverage?

Press coverage about TGTX stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. 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 media sentiment score of 0.9 on InfoTrie's scale. They also gave press coverage about the biopharmaceutical company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are some of TG Therapeutics' key competitors?

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 number of of institutional and retail investors. Top institutional investors include venBio Select Advisor LLC (5.73%), BlackRock Inc. (5.45%), Great Point Partners LLC (3.62%), Northern Trust Corp (0.97%), Two Sigma Investments LP (0.93%) and Geode Capital Management LLC (0.91%). Company insiders that own TG Therapeutics stock include Laurence N Charney, Sean A Power and William James Kennedy. View Institutional Ownership Trends for TG Therapeutics.

Which institutional investors are selling TG Therapeutics stock?

TGTX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Hikari Power Ltd, Columbus Circle Investors, Mycio Wealth Partners LLC, Northern Trust Corp, New York State Common Retirement Fund, MetLife Investment Advisors LLC and Bank of New York Mellon Corp. 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 institutional investors are buying TG Therapeutics stock?

TGTX stock was purchased by a variety of institutional investors in the last quarter, including Great Point Partners LLC, Two Sigma Investments LP, venBio Select Advisor LLC, Opaleye Management Inc., Assenagon Asset Management S.A., BlackRock Inc., Raymond James & Associates and Geode Capital Management 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 $4.79.

How big of a company is TG Therapeutics?

TG Therapeutics has a market capitalization of $397.08 million and generates $150,000.00 in revenue each year. The biopharmaceutical company earns $-118,470,000.00 in net income (profit) each year or ($1.91) on an earnings per share basis. TG Therapeutics employs 75 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:  470 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  684
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 2/19/2019 by MarketBeat.com Staff

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