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NASDAQ:TPTX - Turning Point Therapeutics Stock Price, Forecast & News

$54.30
+1.20 (+2.26 %)
(As of 12/13/2019 02:50 AM ET)
Today's Range
$52.60
Now: $54.30
$54.79
50-Day Range
$36.57
MA: $47.97
$56.75
52-Week Range
$24.21
Now: $54.30
$58.56
Volume338,492 shs
Average Volume270,919 shs
Market Capitalization$1.95 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Turning Point Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in designing and developing novel small molecule targeted oncology therapies. It develops a pipeline of tyrosine kinase inhibitors (TKIs) that targets genetic drivers of cancer in TKI-naïve and TKI-pretreated patients. The company's lead drug candidate repotrectinib (TPX-0005) is being evaluated in an ongoing Phase 1/2 trial called TRIDENT-1 for the treatment of patients with ROS1+ advanced non-small-cell lung cancer (NSCLC) and patients with ROS1+, NTRK+ or ALK+ advanced solid tumors. Its pipeline also includes multi-targeted drug candidates TPX-0046, a RET/SRC inhibitor; TPX-0022, a MET/CSF1R/SRC inhibitor; and a series of ALK inhibitors. The company was incorporated in 2013 and is headquartered in San Diego, California.

Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:TPTX
CUSIPN/A
CIKN/A
Phone858-926-5251

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees50
Market Cap$1.95 billion
Next Earnings Date2/3/2020 (Estimated)
OptionableNot Optionable

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Turning Point Therapeutics (NASDAQ:TPTX) Frequently Asked Questions

What is Turning Point Therapeutics' stock symbol?

Turning Point Therapeutics trades on the NASDAQ under the ticker symbol "TPTX."

How were Turning Point Therapeutics' earnings last quarter?

Turning Point Therapeutics (NASDAQ:TPTX) issued its earnings results on Monday, November, 4th. The company reported ($0.63) earnings per share for the quarter, missing analysts' consensus estimates of ($0.59) by $0.04. View Turning Point Therapeutics' Earnings History.

When is Turning Point Therapeutics' next earnings date?

Turning Point Therapeutics is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Turning Point Therapeutics.

What price target have analysts set for TPTX?

10 analysts have issued twelve-month price objectives for Turning Point Therapeutics' stock. Their forecasts range from $42.00 to $70.00. On average, they expect Turning Point Therapeutics' stock price to reach $55.60 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Turning Point Therapeutics.

What is the consensus analysts' recommendation for Turning Point Therapeutics?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turning Point Therapeutics in the last year. There are currently 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Turning Point Therapeutics.

Has Turning Point Therapeutics been receiving favorable news coverage?

Headlines about TPTX stock have been trending negative recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Turning Point Therapeutics earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Turning Point Therapeutics.

Are investors shorting Turning Point Therapeutics?

Turning Point Therapeutics saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 2,950,000 shares, an increase of 31.1% from the November 14th total of 2,250,000 shares. Based on an average daily trading volume, of 375,200 shares, the days-to-cover ratio is presently 7.9 days. Approximately 12.7% of the company's shares are short sold. View Turning Point Therapeutics' Current Options Chain.

Who are some of Turning Point Therapeutics' key competitors?

What other stocks do shareholders of Turning Point Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Turning Point Therapeutics investors own include Teladoc Health (TDOC), Athenex (ATNX), Immunomedics (IMMU), Workday (WDAY), ABIOMED (ABMD), ACADIA Pharmaceuticals (ACAD), Aimmune Therapeutics (AIMT), Akero Therapeutics (AKRO), Alnylam Pharmaceuticals (ALNY) and Amarin (AMRN).

Who are Turning Point Therapeutics' key executives?

Turning Point Therapeutics' management team includes the folowing people:
  • Dr. Athena Maria Countouriotis, Pres, CEO & Director (Age 47)
  • Dr. Jingrong Jean Cui Ph.D., Scientific Founder, Chief Scientific Officer & Director (Age 55)
  • Mr. Brian L. Baker MS, CPA, VP of Fin. & Admin. (Age 52)
  • Mr. James S. Mazzola, Sr. VP of Corp. Communication & Investor Relations
  • Ms. Annette C. North, Exec. VP, Gen. Counsel & Company Sec.

When did Turning Point Therapeutics IPO?

(TPTX) raised $167 million in an initial public offering (IPO) on Wednesday, April 17th 2019. The company issued 9,300,000 shares at $18.00 per share. Goldman Sachs, SVB Leerink and Wells Fargo Securities served as the underwriters for the IPO and Canaccord Genuity was co-manager.

When did Turning Point Therapeutics' lock-up period expire?

Turning Point Therapeutics' lock-up period expired on Monday, October 14th. Turning Point Therapeutics had issued 9,250,000 shares in its IPO on April 17th. The total size of the offering was $166,500,000 based on an initial share price of $18.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the expiration of the lock-up period.

Who are Turning Point Therapeutics' major shareholders?

Turning Point Therapeutics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Orbimed Advisors LLC (7.66%), State Street Corp (1.05%), Millennium Management LLC (0.77%), Great Point Partners LLC (0.62%), Pictet Asset Management Ltd. (0.60%) and Matthews International Capital Management LLC (0.38%). Company insiders that own Turning Point Therapeutics stock include Athena Countouriotis, Brian Lee Baker, Carl L Gordon, Cormorant Asset Management, Lp, Jingrong Jean Cui, Simeon George and Yi Larson. View Institutional Ownership Trends for Turning Point Therapeutics.

Which major investors are selling Turning Point Therapeutics stock?

TPTX stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC. View Insider Buying and Selling for Turning Point Therapeutics.

Which major investors are buying Turning Point Therapeutics stock?

TPTX stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, State Street Corp, Great Point Partners LLC, Pictet Asset Management Ltd., Orbimed Advisors LLC, Matthews International Capital Management LLC, Castleark Management LLC and SG Americas Securities LLC. Company insiders that have bought Turning Point Therapeutics stock in the last two years include Athena Countouriotis, Brian Lee Baker, Carl L Gordon, Cormorant Asset Management, Lp, Simeon George and Yi Larson. View Insider Buying and Selling for Turning Point Therapeutics.

How do I buy shares of Turning Point Therapeutics?

Shares of TPTX 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 Turning Point Therapeutics' stock price today?

One share of TPTX stock can currently be purchased for approximately $54.30.

How big of a company is Turning Point Therapeutics?

Turning Point Therapeutics has a market capitalization of $1.95 billion. Turning Point Therapeutics employs 50 workers across the globe.View Additional Information About Turning Point Therapeutics.

What is Turning Point Therapeutics' official website?

The official website for Turning Point Therapeutics is http://www.tptherapeutics.com/.

How can I contact Turning Point Therapeutics?

Turning Point Therapeutics' mailing address is 10628 SCIENCE CENTER DRIVE SUITE 225, SAN DIEGO CA, 92121. The company can be reached via phone at 858-926-5251 or via email at [email protected]


MarketBeat Community Rating for Turning Point Therapeutics (NASDAQ TPTX)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  32 (Vote Outperform)
Underperform Votes:  26 (Vote Underperform)
Total Votes:  58
MarketBeat's community ratings are surveys of what our community members think about Turning Point Therapeutics and other stocks. Vote "Outperform" if you believe TPTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TPTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2019 by MarketBeat.com Staff

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