resTORbio, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel therapeutics for the treatment of aging-related diseases. Its lead program is targeting the selective inhibition of TORC1, an evolutionary conserved pathway that contributes to the decline in function of multiple organ systems, including the immune, cardiac, and neurologic systems. The company's lead drug candidate RTB101 is a selective, orally administered, TORC1 inhibitor, which is being tested in a Phase 2b clinical trial as a first in-class immunotherapy for reducing the incidence of respiratory tract infections in the elderly by enhancing the function of the immune system. It also intends to develop RTB101 for additional aging-related indications, such as heart failure or neurodegenerative diseases. The company was founded in 2016 and is based in Boston, Massachusetts.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:TORC
CUSIPN/A
Phone857-315-5521
Debt
Debt-to-Equity RatioN/A
Current Ratio20.03
Quick Ratio20.04
Price-To-Earnings
Trailing P/E Ratio-1.37
Forward P/E Ratio-6.34
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book Value($1.17) per share
Price / Book-9.48
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees7
Outstanding Shares28,050,000
resTORbio (NASDAQ:TORC) Frequently Asked Questions
What is resTORbio's stock symbol?
resTORbio trades on the NASDAQ under the ticker symbol "TORC."
How were resTORbio's earnings last quarter?
resTORbio, Inc. (NASDAQ:TORC) issued its quarterly earnings results on Thursday, May, 10th. The company reported ($0.46) earnings per share for the quarter, missing analysts' consensus estimates of ($0.26) by $0.20. View resTORbio's Earnings History.
What price target have analysts set for TORC?
4 equities research analysts have issued 1 year price objectives for resTORbio's stock. Their forecasts range from $23.00 to $36.00. On average, they anticipate resTORbio's share price to reach $29.25 in the next year. View Analyst Ratings for resTORbio.
Who are some of resTORbio's key competitors?
Some companies that are related to resTORbio include IMMURON Ltd/S (IMRN), ImmunoGen (IMGN), Uniqure (QURE), Theravance Biopharma (TBPH), Apellis Pharmaceuticals (APLS), Zai Lab (ZLAB), Alder Biopharmaceuticals (ALDR), Athenex (ATNX), Revance Therapeutics (RVNC), Retrophin (RTRX), Intra-Cellular Therapies (ITCI), Eagle Pharmaceuticals (EGRX), Esperion Therapeutics (ESPR), TG Therapeutics Inc common stock (TGTX) and Epizyme (EPZM).
Who are resTORbio's key executives?
resTORbio's management team includes the folowing people:
- Mr. Chen Schor, Co-Founder, Pres, CEO & Director (Age 46)
- Dr. Joan Mannick M.D., Co-Founder & Chief Medical Officer (Age 59)
- Mr. John J. McCabe CPA, CPA, VP of Fin. (Age 50)
- Dr. Abdellah Sentissi Ph.D., Head of CMC & Pharmaceutical Devel. (Age 68)
- Ms. Susan Stewart J.D., Head of Regulatory Affairs
When did resTORbio IPO?
(TORC) raised $86 million in an IPO 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.
When does resTORbio's lock-up period expire?
resTORbio's lock-up period expires on Wednesday, July 25th. resTORbio had issued 5,666,667 shares in its IPO on January 26th. The total size of the offering was $85,000,005 based on an initial share price of $15.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.
Has resTORbio been receiving favorable news coverage?
Media headlines about TORC stock have been trending somewhat positive this week, Accern reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. resTORbio earned a daily sentiment score of 0.11 on Accern's scale. They also gave headlines about the company an impact score of 45.41 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are resTORbio's major shareholders?
resTORbio's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (1.96%), Artal Group S.A. (1.60%), BlackRock Inc. (1.06%), Rock Springs Capital Management LP (0.98%), JPMorgan Chase & Co. (0.59%) and Northern Trust Corp (0.24%). Company insiders that own resTORbio stock include Chen Schor, Orbimed Advisors Llc and Puretech Health Llc. View Institutional Ownership Trends for resTORbio.
Which major investors are buying resTORbio stock?
TORC stock was acquired by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Artal Group S.A., BlackRock Inc., Rock Springs Capital Management LP, JPMorgan Chase & Co., Northern Trust Corp, Schwab Charles Investment Management Inc. and Citadel Advisors LLC. Company insiders that have bought resTORbio stock in the last two years include Chen Schor, Orbimed Advisors Llc and Puretech Health Llc. View Insider Buying and Selling for resTORbio.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is resTORbio's stock price today?
One share of TORC stock can currently be purchased for approximately $11.09.
How big of a company is resTORbio?
resTORbio has a market capitalization of $335.71 million. The company earns $-33,770,000.00 in net income (profit) each year or ($8.42) on an earnings per share basis. resTORbio employs 7 workers across the globe.
How can I contact resTORbio?
resTORbio's mailing address is 500 BOYLSTON STREET 12TH FLOOR, BOSTON MA, 02116. The company can be reached via phone at 857-315-5521.
MarketBeat Community Rating for resTORbio (TORC)
MarketBeat's community ratings are surveys of what our community members think about resTORbio and other stocks. Vote "Outperform" if you believe TORC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TORC will underperform the S&P 500 over the long term. You may vote once every thirty days.
