Tesaro, Inc., an oncology-focused biopharmaceutical company, identifies, acquires, develops, and commercializes cancer therapeutics and oncology supportive care products in the United States. It offers ZEJULA (niraparib), an orally active and potent poly polymerase inhibitor for the maintenance treatment of women with recurrent epithelial ovarian, fallopian tube, or primary peritoneal cancer; and VARUBI (rolapitant), a neurokinin-1, or NK-1, receptor antagonist for the prevention of chemotherapy induced nausea and vomiting. The company also develops Niraparib for the treatment of various tumors. In addition, it is developing immunotherapy antibody product candidates, including TSR-042, which is in a phase I clinical trial targeting programmed cell death protein 1; TSR-022 that is in phase I clinical trial targeting T-cell immunoglobulin domain and mucin domain-3; and TSR-033, an antibody candidate, which is in phase I clinical trial targeting lymphocyte-activation gene-3. The company has collaboration and exclusive license agreement with AnaptysBio, Inc., as well as collaboration agreements with Janssen Biotech, Inc., Millennium Pharmaceuticals, Inc., Zai Lab (Shanghai) Co., Ltd, Jiangsu Hengrui Medicine Co., Ltd., Merck Sharp & Dohme B.V., and Jiangsu Hengrui Medicine Co., Ltd., as well as Genentech. Tesaro, Inc. was founded in 2010 and is headquartered in Waltham, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:TSRO
Previous Symbol
CUSIP88156910
Phone339-970-0900
Debt
Debt-to-Equity Ratio3.74
Current Ratio3.40
Quick Ratio2.83
Price-To-Earnings
Trailing P/E Ratio-8.04
Forward P/E Ratio-6.73
P/E GrowthN/A
Sales & Book Value
Annual Sales$223.33 million
Price / Sales18.16
Cash FlowN/A
Price / Cash FlowN/A
Book Value$4.58 per share
Price / Book16.09
Profitability
EPS (Most Recent Fiscal Year)($9.17)
Net Income$-496,120,000.00
Net Margins-295.67%
Return on Equity-1,209.72%
Return on Assets-83.34%
Miscellaneous
Employees715
Outstanding Shares55,050,000
Market Cap$4.06 billion
OptionableOptionable
TESARO (NASDAQ:TSRO) Frequently Asked Questions
What is TESARO's stock symbol?
TESARO trades on the NASDAQ under the ticker symbol "TSRO."
How were TESARO's earnings last quarter?
TESARO Inc (NASDAQ:TSRO) issued its quarterly earnings results on Thursday, November, 1st. The biopharmaceutical company reported ($2.49) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($2.62) by $0.13. The biopharmaceutical company earned $64.40 million during the quarter, compared to the consensus estimate of $71.84 million. TESARO had a negative net margin of 295.67% and a negative return on equity of 1,209.72%. The firm's quarterly revenue was down 54.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.47) earnings per share. View TESARO's Earnings History.
When is TESARO's next earnings date?
What price target have analysts set for TSRO?
22 brokers have issued 12-month target prices for TESARO's shares. Their predictions range from $25.00 to $146.00. On average, they expect TESARO's share price to reach $78.8571 in the next year. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for TESARO.
What is the consensus analysts' recommendation for TESARO?
22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TESARO in the last year. There are currently 16 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TESARO.
What are Wall Street analysts saying about TESARO stock?
Here are some recent quotes from research analysts about TESARO stock:
- 1. Cantor Fitzgerald analysts commented, ": 12-month PT of $68 on shares of TSRO. Bloomberg reported last week that Tesaro was exploring a sale. We think that the company remains undervalued based on 1) PARP inhibitor potential in first-line ovarian cancer and 2) potential with its immuno-oncology platform (licensed from AnaptysBio, ANAB, OW, covered by Eliana Merle) that is beginning to shape up with data readouts. We also believe that it can take time for deals to emerge, so we think that this press article could be a way of garnering interest for the company beyond potentially initial interest. In the past, we think that this company had been a potential takeout interest from biopharmaceutical companies." (11/19/2018)
- 2. According to Zacks Investment Research, "TESARO's drug, Zejula has performed well since its approval in early 2017, gaining lead in U.S. ovarian cancer market share in the PARP inhibitor segment. The drug also has bright prospects, given the tremendous demand for PARP inhibitors. Moreover, collaborations with several large pharma companies for the development of Zejula generates a cash flow stream for TESARO and enables sharing of R&D costs. TESARO’s efforts for label expansion of Zejula are also encouraging. However, TESARO is heavily dependent on Zejula for growth, which concerns us. Meanwhile, competition in the PARP inhibitor segment is rising with two other approved drugs and several companies developing their candidates. TESARO’s shares have underperformed the industry so far this year. Loss estimates have widened ahead of the company’s Q3 earnings release. The company has a mixed record of earnings surprises in recent quarters." (10/23/2018)
- 3. HC Wainwright analysts commented, "Updates to Varubi’s Label; Reiterate Buy and $158 Price Target Prescribing information update, no products being recalled. After the close on January 12, TESARO announced that it has updated the Varubi injectable emulsion package insert in collaboration with the FDA. The changes to the label include modifications to the Contradictions, Warnings and Precuations, and Adverse Reactions section to inclde anaphylaxis, anaphylactic shock and other serious hypersensitivity reactions associated with the use of Varubi injectable emulsion. The company indicated that anaphylaxis, anaphylactic shock and other hypersensitivity reactions have been reported in the postmarketing setting, with some cases requiring hospitalization. These side effects were noted during or soon after the infusion of Varubi, with most reactions observed during the first few minutes of administration." (1/12/2018)
Has TESARO been receiving favorable news coverage?
Media stories about TSRO stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by analyzing 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 nearest to five being the most favorable. TESARO earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the biopharmaceutical company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Are investors shorting TESARO?
TESARO saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 14,229,292 shares, an increase of 12.8% from the October 31st total of 12,610,546 shares. Based on an average trading volume of 2,254,562 shares, the short-interest ratio is presently 6.3 days. Approximately 37.5% of the shares of the company are sold short. View TESARO's Current Options Chain.
Who are some of TESARO's key competitors?
Some companies that are related to TESARO include Mylan (MYL), Ono Pharmaceutical (OPHLF), Merck KGaA (MKGAF), GRIFOLS S A/S (GRFS), Genmab A/S (GNMSF), Jazz Pharmaceuticals (JAZZ), Bausch Health Companies (BHC), Sarepta Therapeutics (SRPT), Beigene (BGNE), Alnylam Pharmaceuticals (ALNY), Perrigo (PRGO), Ionis Pharmaceuticals (IONS), Nektar Therapeutics (NKTR), Dr.Reddy's Laboratories (RDY) and GALAPAGOS NV/S (GLPG).
Who are TESARO's key executives?
TESARO's management team includes the folowing people:
- Mr. Leon O. Moulder Jr., Co-Founder, CEO & Director (Age 61)
- Dr. Mary Lynne Hedley Ph.D., Co-Founder, Pres, COO & Director (Age 55)
- Mr. Timothy R. Pearson, Exec. VP & CFO (Age 50)
- Dr. Martin H. Huber Jr., Sr. VP & Chief Medical Officer (Age 58)
- Mr. Orlando Oliveira, Sr. VP & GM of International (Age 42)
Who are TESARO's major shareholders?
TESARO's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.79%), Vanguard Group Inc. (6.06%), Vanguard Group Inc (6.06%), Frontier Capital Management Co. LLC (5.72%), BB Biotech AG (5.33%) and TIAA CREF Investment Management LLC (2.49%). Company insiders that own TESARO stock include Arnold L Oronsky, David M Mott, Edward C English, Enterprise Associates 13 L New, Grant C Bogle, James O Armitage, Joseph L Farmer, Lawrence M Alleva, Leon O Moulder Jr, Martin H Jr Huber, Mary Lynne Hedley, Orlando Oliveira, Peter J Barris and Timothy R Pearson. View Institutional Ownership Trends for TESARO.
Which major investors are selling TESARO stock?
TSRO stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Oracle Investment Management Inc., Macquarie Group Ltd., Bank of New York Mellon Corp, Amalgamated Bank, Jennison Associates LLC, Hsbc Holdings PLC and Bank of Montreal Can. Company insiders that have sold TESARO company stock in the last year include Arnold L Oronsky, Grant C Bogle, Joseph L Farmer, Lawrence M Alleva, Martin H Jr Huber, Mary Lynne Hedley, Orlando Oliveira and Timothy R Pearson. View Insider Buying and Selling for TESARO.
Which major investors are buying TESARO stock?
TSRO stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, BB Biotech AG, Elk Creek Partners LLC, Candriam Luxembourg S.C.A., Teachers Advisors LLC, TIAA CREF Investment Management LLC, Sofinnova Ventures Inc and Alliancebernstein L.P.. Company insiders that have bought TESARO stock in the last two years include David M Mott, Enterprise Associates 13 L New, Leon O Moulder Jr and Peter J Barris. View Insider Buying and Selling for TESARO.
How do I buy shares of TESARO?
Shares of TSRO 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 TESARO's stock price today?
One share of TSRO stock can currently be purchased for approximately $73.69.
How big of a company is TESARO?
TESARO has a market capitalization of $4.06 billion and generates $223.33 million in revenue each year. The biopharmaceutical company earns $-496,120,000.00 in net income (profit) each year or ($9.17) on an earnings per share basis. TESARO employs 715 workers across the globe.
What is TESARO's official website?
How can I contact TESARO?
TESARO's mailing address is 1000 WINTER STREET, WALTHAM MA, 02451. The biopharmaceutical company can be reached via phone at 339-970-0900.
MarketBeat Community Rating for TESARO (NASDAQ TSRO)
MarketBeat's community ratings are surveys of what our community members think about TESARO and other stocks. Vote "Outperform" if you believe TSRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TSRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
