NASDAQ:TPTX Turning Point Therapeutics Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Turning Point Therapeutics Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $88.57 +4.56 (+5.43 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$84.01Now: $88.57▼$89.3050-Day Range$56.99MA: $68.73▼$84.0152-Week Range$31.30Now: $88.57▼$89.30Volume2.04 million shsAverage Volume371,913 shsMarket Capitalization$3.73 billionP/E RatioN/ADividend YieldN/ABeta1.39 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingTurning Point Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $80.50, Turning Point Therapeutics has a forecasted downside of 9.1% from its current price of $88.57.Amount of Analyst CoverageTurning Point Therapeutics has only been the subject of 4 research reports in the past 90 days. Previous Next 2.9 Community Rank Outperform VotesTurning Point Therapeutics has received 54 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTurning Point Therapeutics has received 39 “underperform” votes. (Add your “underperform” vote.)Community SentimentTurning Point Therapeutics has received 58.06% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldTurning Point Therapeutics does not currently pay a dividend.Dividend GrowthTurning Point Therapeutics does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Turning Point Therapeutics insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 23.20% of the stock of Turning Point Therapeutics is held by insiders.Percentage Held by Institutions87.33% of the stock of Turning Point Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Turning Point Therapeutics are expected to decrease in the coming year, from ($3.89) to ($4.16) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Turning Point Therapeutics is -23.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Turning Point Therapeutics is -23.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTurning Point Therapeutics has a P/B Ratio of 7.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.5Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.08 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Pharmaceutical preparations Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:TPTX Previous Symbol CUSIPN/A CIKN/A Webwww.tptherapeutics.com Phone858-926-5251Debt Debt-to-Equity RatioN/A Current Ratio62.79 Quick Ratio62.79Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$11.28 per share Price / Book7.85Profitability EPS (Most Recent Fiscal Year)($2.99) Net Income$-72,130,000.00 Net MarginsN/A Return on Equity-27.88% Return on Assets-27.00%Miscellaneous Employees50 Outstanding Shares42,169,000Market Cap$3.73 billion Next Earnings Date11/2/2020 (Estimated) OptionableNot Optionable $88.57 +4.56 (+5.43 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive TPTX News and Ratings via Email Sign-up to receive the latest news and ratings for TPTX and its competitors with MarketBeat's FREE daily newsletter. Turning Point Therapeutics (NASDAQ:TPTX) Frequently Asked Questions How has Turning Point Therapeutics' stock been impacted by COVID-19? Turning Point Therapeutics' stock was trading at $40.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TPTX stock has increased by 118.5% and is now trading at $88.57. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Turning Point Therapeutics? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turning Point 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 Turning Point Therapeutics. When is Turning Point Therapeutics' next earnings date? Turning Point Therapeutics is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for Turning Point Therapeutics. How were Turning Point Therapeutics' earnings last quarter? Turning Point Therapeutics (NASDAQ:TPTX) announced its quarterly earnings data on Monday, August, 10th. The company reported ($0.82) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.89) by $0.07. View Turning Point Therapeutics' earnings history. What price target have analysts set for TPTX? 6 Wall Street analysts have issued 1 year target prices for Turning Point Therapeutics' shares. Their forecasts range from $67.00 to $90.00. On average, they expect Turning Point Therapeutics' share price to reach $80.50 in the next twelve months. This suggests that the stock has a possible downside of 9.1%. View analysts' price targets for Turning Point Therapeutics. Who are some of Turning Point Therapeutics' key competitors? Some companies that are related to Turning Point Therapeutics include BioMarin Pharmaceutical (BMRN), Catalent (CTLT), Dr.Reddy's Laboratories (RDY), Sarepta Therapeutics (SRPT), GRIFOLS S A/S (GRFS), Elanco Animal Health (ELAN), Teva Pharmaceutical Industries (TEVA), CureVac B.V. (CVAC), GALAPAGOS NV/S (GLPG), Mylan (MYL), Jazz Pharmaceuticals (JAZZ), Ascendis Pharma A/S (ASND), Myokardia (MYOK), Ionis Pharmaceuticals (IONS) and Mirati Therapeutics (MRTX). View all 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 NVIDIA (NVDA), Main Street Capital (MAIN), Opko Health (OPK), Boeing (BA), General Motors (GM), AbbVie (ABBV), BioCryst Pharmaceuticals (BCRX), GlaxoSmithKline (GSK), Johnson & Johnson (JNJ) and Livongo Health (LVGO). Who are Turning Point Therapeutics' key executives? Turning Point Therapeutics' management team includes the following 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 RelationsMs. Annette C. North, Exec. VP, Gen. Counsel & Company Sec. When did Turning Point Therapeutics IPO? (TPTX) raised $167 million in an IPO on Wednesday, April 17th 2019. The company issued 9,300,000 shares at a price of $18.00 per share. Goldman Sachs, SVB Leerink and Wells Fargo Securities acted as the underwriters for the IPO and Canaccord Genuity was co-manager. What is Turning Point Therapeutics' stock symbol? Turning Point Therapeutics trades on the NASDAQ under the ticker symbol "TPTX." Who are Turning Point Therapeutics' major shareholders? Turning Point Therapeutics' stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (12.04%), Vanguard Group Inc. (6.60%), Cormorant Asset Management LP (6.49%), Jennison Associates LLC (1.77%), Federated Hermes Inc. (1.69%) and Goldman Sachs Group Inc. (1.13%). 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 Cormorant Asset Management LP, Deerfield Management Company L.P. Series C, Nicholas Investment Partners LP, Driehaus Capital Management LLC, Perceptive Advisors LLC, UBS Group AG, Strs Ohio, and Chartwell Investment Partners LLC. View insider buying and selling activity for Turning Point Therapeutics. Which major investors are buying Turning Point Therapeutics stock? TPTX stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Goldman Sachs Group Inc., First Light Asset Management LLC, Federated Hermes Inc., Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, and Handelsbanken Fonder AB. 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 activity 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 $88.57. How big of a company is Turning Point Therapeutics? Turning Point Therapeutics has a market capitalization of $3.73 billion. The company earns $-72,130,000.00 in net income (profit) each year or ($2.99) on an earnings per share basis. Turning Point Therapeutics employs 50 workers across the globe. What is Turning Point Therapeutics' official website? The official website for Turning Point Therapeutics is 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] This page was last updated on 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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