NASDAQ:TORC - resTORbio Stock Price, Forecast & News

resTORbio trades on the NASDAQ under the ticker symbol "TORC."

resTORbio, Inc. (NASDAQ:TORC) released its quarterly earnings results on Tuesday, November, 5th. The company reported ($0.68) EPS for the quarter, missing the consensus estimate of ($0.54) by $0.14. View resTORbio's Earnings History.

resTORbio is scheduled to release their next quarterly earnings announcement on Monday, March 16th 2020. View Earnings Estimates for resTORbio.

4 Wall Street analysts have issued 12-month target prices for resTORbio's shares. Their forecasts range from $3.00 to $28.00. On average, they anticipate resTORbio's stock price to reach $15.50 in the next twelve months. This suggests a possible upside of 1,065.4% from the stock's current price. View Analyst Price Targets for resTORbio.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for resTORbio in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for resTORbio.

Media coverage about TORC stock has been trending very negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. resTORbio earned a daily sentiment score of -3.7 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for resTORbio.

resTORbio saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,860,000 shares, an increase of 50.0% from the January 15th total of 1,240,000 shares. Based on an average daily trading volume, of 2,060,000 shares, the days-to-cover ratio is currently 0.9 days. Approximately 6.7% of the shares of the company are sold short. View resTORbio's Current Options Chain.

Some companies that are related to resTORbio include Athersys (ATHX), Affimed (AFMD), Chiasma (CHMA), GlycoMimetics (GLYC), Ovid Therapeutics (OVID), Kezar Life Sciences (KZR), Strongbridge Biopharma (SBBP), Neptune Wellness Solutions (NEPT), NuCana (NCNA), Avenue Therapeutics (ATXI), Spero Therapeutics (SPRO), Akorn (AKRX), Harrow Health (HROW), Five Prime Therapeutics (FPRX) and Abeona Therapeutics (ABEO).

Based on aggregate information from My MarketBeat watchlists, some companies that other resTORbio investors own include Novavax (NVAX), Denali Therapeutics (DNLI), SCYNEXIS (SCYX), Spectrum Pharmaceuticals (SPPI), Viking Therapeutics (VKTX), vTv Therapeutics (VTVT), Abeona Therapeutics (ABEO), Catalyst Pharmaceuticals (CPRX), Crispr Therapeutics (CRSP) and Cytokinetics (CYTK).

(TORC) raised $86 million in an initial public offering on Friday, January 26th 2018. The company issued 5,700,000 shares at $14.00-$16.00 per share. BofA Merrill Lynch, Leerink Partners and Evercore ISI acted as the underwriters for the IPO and Wedbush PacGrow was co-manager.

resTORbio's stock is owned by a variety of of retail and institutional investors. Top institutional investors include UBS Group AG (1.69%), Acadian Asset Management LLC (1.26%), State Street Corp (0.94%), Ruffer LLP (0.82%), Charles Schwab Investment Management Inc. (0.24%) and Goldman Sachs Group Inc. (0.07%). Company insiders that own resTORbio stock include Chen Schor and Puretech Health Llc. View Institutional Ownership Trends for resTORbio.

TORC stock was sold by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc. and Oxford Asset Management LLP. View Insider Buying and Selling for resTORbio.

TORC stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Acadian Asset Management LLC, Ruffer LLP, State Street Corp, Goldman Sachs Group Inc. and Brave Asset Management Inc.. View Insider Buying and Selling for resTORbio.

Shares of TORC 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.

One share of TORC stock can currently be purchased for approximately $1.33.

resTORbio has a market capitalization of $48.47 million. The company earns $-37,610,000.00 in net income (profit) each year or ($1.42) on an earnings per share basis. View Additional Information About resTORbio.

The official website for resTORbio is http://www.restorbio.com/.

resTORbio's mailing address is 500 BOYLSTON STREET 13TH FLOOR, BOSTON MA, 02116. The company can be reached via phone at 857-315-5528.