T2 Biosystems Company Profile (NASDAQ:TTOO)

About T2 Biosystems

T2 Biosystems logoT2 Biosystems, Inc. is an in vitro diagnostics company engaged in developing a technology platform offering an alternative to diagnostic methodologies. The Company's T2 Magnetic Resonance platform (T2MR) enables detection of pathogens, biomarkers and other abnormalities in a range of unpurified patient sample types, including whole blood, plasma, serum, saliva, sputum and urine, and can detect cellular targets at limits of detection as one colony forming unit per milliliter (CFU/mL). The Company's initial development efforts target sepsis, hemostasis and Lyme disease. T2MR is a miniaturized, magnetic resonance-based approach that measures how water molecules react in the presence of magnetic fields. Its platform detects a range of targets, including molecular targets, such as deoxyribonucleic acid (DNA), immunodiagnostics, such as proteins, and a range of hemostasis measurements. The Company offers T2Dx Instrument (T2Dx) and the T2Candida Panel.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Appliances & Equipment
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: TTOO
  • CUSIP:
Key Metrics:
  • Previous Close: $7.24
  • 50 Day Moving Average: $6.92
  • 200 Day Moving Average: $7.89
  • 52-Week Range: $4.92 - $12.30
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -4.47
  • P/E Growth: 0.00
  • Market Cap: $176.40M
  • Outstanding Shares: 24,364,000
  • Beta: 1.75
Profitability:
  • Net Margins: -1,233.67%
  • Return on Equity: -159.25%
  • Return on Assets: -72.84%
Debt:
  • Debt-to-Equity Ratio: 1.11%
  • Current Ratio: 3.00%
  • Quick Ratio: 2.92%
Additional Links:
Companies Related to T2 Biosystems:

Analyst Ratings

Consensus Ratings for T2 Biosystems (NASDAQ:TTOO) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 3 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Hold (Score: 2.44)
Consensus Price Target: $10.93 (50.91% upside)

Analysts' Ratings History for T2 Biosystems (NASDAQ:TTOO)
Show:
DateFirmActionRatingPrice TargetDetails
9/22/2016Canaccord GenuityReiterated RatingBuy$9.00View Rating Details
7/20/2016WBB SecuritiesUpgradeBuy -> Strong-Buy$11.00 -> $12.00View Rating Details
7/10/2016Leerink SwannReiterated RatingBuyView Rating Details
7/9/2016Cantor FitzgeraldReiterated RatingBuyView Rating Details
7/9/2016Janney Montgomery ScottReiterated RatingHoldView Rating Details
7/8/2016BTIG ResearchDowngradeBuy -> Sell$12.00 -> $4.00View Rating Details
5/2/2016Morgan StanleyReiterated RatingHoldView Rating Details
12/22/2015Goldman Sachs Group Inc.Boost Price TargetNeutral$13.00 -> $14.00View Rating Details
11/3/2015Jefferies GroupReiterated RatingBuy -> Fair Value$21.00 -> $11.48View Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for T2 Biosystems (NASDAQ:TTOO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016        
8/1/2016Q2($0.56)($0.58)$1.53 million$0.99 millionViewN/AView Earnings Details
5/2/2016Q1($0.54)($0.55)$1.10 millionViewN/AView Earnings Details
2/16/2016Q4($0.59)($0.56)$1.21 million$1.01 millionViewListenView Earnings Details
11/2/2015Q3($0.59)($0.57)$0.66 million$1.05 millionViewN/AView Earnings Details
8/4/2015Q215($0.57)($0.54)$0.34 million$0.56 millionViewN/AView Earnings Details
5/5/2015Q115($0.57)($0.53)$0.22 million$0.19 millionViewN/AView Earnings Details
2/17/2015Q414($0.44)($0.45)ViewN/AView Earnings Details
11/4/2014Q314($0.58)($0.71)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for T2 Biosystems (NASDAQ:TTOO)
Current Year EPS Consensus Estimate: $-2.18 EPS
Next Year EPS Consensus Estimate: $-1.62 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.59)($0.55)($0.57)
Q2 20163($0.57)($0.54)($0.55)
Q3 20163($0.53)($0.52)($0.53)
Q4 20163($0.51)($0.46)($0.48)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for T2 Biosystems (NASDAQ:TTOO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for T2 Biosystems (NASDAQ:TTOO)
Insider Ownership Percentage: 43.20%
Institutional Ownership Percentage: 80.44%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/30/2016Rahul DhandaSVPSell3,589$8.16$29,286.24View SEC Filing  
3/16/2016Rahul DhandaSVPSell7,588$8.01$60,779.88View SEC Filing  
12/9/2015Aisling Capital Iii LpMajor ShareholderBuy307,692$9.75$2,999,997.00View SEC Filing  
12/9/2015David B ElsbreeDirectorBuy10,000$9.75$97,500.00View SEC Filing  
7/24/2015Polaris Venture Partners V, L.Major ShareholderSell15,399$15.04$231,600.96View SEC Filing  
7/22/2015Polaris Venture Partners V, L.Major ShareholderSell14,999$15.22$228,284.78View SEC Filing  
7/21/2015Polaris Venture Partners V, L.Major ShareholderSell14,999$15.42$231,284.58View SEC Filing  
7/20/2015Polaris Venture Partners V, L.Major ShareholderSell14,999$16.05$240,733.95View SEC Filing  
7/17/2015Polaris Venture Partners V, L.Major ShareholderSell44,997$16.26$731,651.22View SEC Filing  
7/14/2015Polaris Venture Partners V, L.Major ShareholderSell29,998$16.57$497,066.86View SEC Filing  
7/10/2015Polaris Venture Partners V, L.Major ShareholderSell44,997$16.25$731,201.25View SEC Filing  
7/10/2015Thomas J LoweryInsiderSell2,000$16.03$32,060.00View SEC Filing  
7/7/2015Polaris Venture Partners V, L.Major ShareholderSell44,997$15.91$715,902.27View SEC Filing  
7/1/2015Polaris Venture Partners V, L.Major ShareholderSell44,997$16.09$724,001.73View SEC Filing  
6/30/2015Polaris Venture Partners V, L.Major ShareholderSell14,999$16.22$243,283.78View SEC Filing  
6/29/2015Polaris Venture Partners V, L.Major ShareholderSell14,999$16.28$244,183.72View SEC Filing  
6/26/2015Polaris Venture Partners V, L.Major ShareholderSell44,997$17.08$768,548.76View SEC Filing  
6/23/2015Polaris Venture Partners V, L.Major ShareholderSell29,998$18.18$545,363.64View SEC Filing  
6/22/2015Polaris Venture Partners V, L.Major ShareholderSell14,999$18.22$273,281.78View SEC Filing  
6/18/2015Thomas J LoweryInsiderSell1,000$18.65$18,650.00View SEC Filing  
6/12/2015Michael J CimaDirectorBuy1,000$18.91$18,910.00View SEC Filing  
6/12/2015Thomas J LoweryInsiderSell1,471$18.55$27,287.05View SEC Filing  
5/8/2015Michael A PfallerInsiderSell15,440$16.31$251,826.40View SEC Filing  
4/20/2015Thomas J LoweryInsiderSell1,000$18.43$18,430.00View SEC Filing  
3/4/2015David B ElsbreeDirectorBuy1,450$15.05$21,822.50View SEC Filing  
11/13/2014David B ElsbreeDirectorBuy1,500$14.75$22,125.00View SEC Filing  
8/12/2014Aisling Capital Iii LpMajor ShareholderBuy454,545$11.00$4,999,995.00View SEC Filing  
8/12/2014Sarah O KalilCOOBuy15,000$11.00$165,000.00View SEC Filing  
8/12/2014Thomas J CarellaDirectorBuy909,090$11.00$9,999,990.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for T2 Biosystems (NASDAQ:TTOO)
DateHeadline
News IconBroker Changes For T2 Biosystems, Inc. (TTOO) - NewsDen (NASDAQ:TTOO)
newsden.net - September 28 at 8:53 AM
investornewswire.com logoT2 Biosystems, Inc. (NASDAQ:TTOO)'s Expectation Of $68.575 In Sales - Investor Newswire (NASDAQ:TTOO)
www.investornewswire.com - September 25 at 6:37 PM
News IconConsensus Estimates on Earnings & Stock Price in Focus for T2 Biosystems, Inc. (NASDAQ:TTOO) Shares - Frisco Fastball (NASDAQ:TTOO)
friscofastball.com - September 25 at 6:37 PM
4-traders.com logoT2 Biosystems : to Present at Upcoming Investor Conferences (NASDAQ:TTOO)
www.4-traders.com - September 24 at 6:56 PM
News IconTime to Buy T2 Biosystems Inc After Today's Huge Increase? - Post News (NASDAQ:TTOO)
www.kentuckypostnews.com - September 24 at 8:34 AM
kcregister.com logoStocks in News: T2 Biosystems, Inc. (NASDAQ:TTOO), Universal Electronics Inc. (NASDAQ:UEIC), Quaker Chemical ... - KC Register (NASDAQ:TTOO)
www.kcregister.com - September 23 at 7:11 PM
streetinsider.com logoT2 Biosystems (TTOO) Announces Presentation of Data on T2MR Tech in Lyme Disease - StreetInsider.com (NASDAQ:TTOO)
www.streetinsider.com - September 23 at 8:29 AM
biz.yahoo.com logoT2 BIOSYSTEMS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Secur (NASDAQ:TTOO)
biz.yahoo.com - September 22 at 7:28 PM
streetinsider.com logoT2 Biosystems (TTOO) Announces Presentation of Data on T2MR Tech in Lyme Disease (NASDAQ:TTOO)
www.streetinsider.com - September 22 at 8:28 AM
publicnow.com logoT2 Biosystems Announces $40 Million Equity Investment by Partner Canon U.S.A. (NASDAQ:TTOO)
www.publicnow.com - September 22 at 8:28 AM
finance.yahoo.com logoT2 Biosystems Presents Data on the Company’s T2MR® Technology for the Detection of the Bacteria that … (NASDAQ:TTOO)
finance.yahoo.com - September 21 at 7:19 PM
finance.yahoo.com logoT2 Biosystems Presents Data on the Company’s T2MR® Technology for the Detection of the Bacteria that Causes Lyme Disease Directly from Whole Blood at Cold Spring Harbor Laboratory Conference on Diagnostic Tests for Lyme Disease (NASDAQ:TTOO)
finance.yahoo.com - September 21 at 7:19 PM
finance.yahoo.com logo4:03 pm T2 Biosystems presents data on the T2MR technology for the detection of Borrelia directly from whole blood samples at the Diagnostic Tests for Lyme Disease Conference (NASDAQ:TTOO)
finance.yahoo.com - September 21 at 7:19 PM
News IconAnalysts Take the Wheel on T2 Biosystems, Inc. (NASDAQ:TTOO) Shares and Where They Might Be Headed - Frisco Fastball (NASDAQ:TTOO)
friscofastball.com - September 20 at 5:13 PM
capitalcube.com logoETF’s with exposure to T2 Biosystems, Inc. : September 19, 2016 (NASDAQ:TTOO)
www.capitalcube.com - September 19 at 7:42 PM
investornewswire.com logoExpected For T2 Biosystems, Inc. (NASDAQ:TTOO) Sales Of $68.575 - Investor Newswire (NASDAQ:TTOO)
www.investornewswire.com - September 18 at 7:13 PM
investornewswire.com logoT2 Biosystems, Inc. (NASDAQ:TTOO) Expects Sales Of $68.575 - Investor Newswire (NASDAQ:TTOO)
www.investornewswire.com - September 12 at 8:57 AM
News IconThe Sell-side Consensus is in on T2 Biosystems, Inc. (NASDAQ:TTOO); Earnings & Target Updates - National Daily Press (NASDAQ:TTOO)
www.nationaldailypress.com - September 9 at 8:43 AM
News IconPlacing T2 Biosystems, Inc. (NASDAQ:TTOO) Shares Under the Microscope - Post News (NASDAQ:TTOO)
www.kentuckypostnews.com - September 7 at 7:55 PM
biz.yahoo.com logoT2 BIOSYSTEMS, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:TTOO)
biz.yahoo.com - September 7 at 7:55 PM
investornewswire.com logoT2 Biosystems, Inc. (NASDAQ:TTOO) Expects To Hit Sales Of $68.575 - Investor Newswire (NASDAQ:TTOO)
www.investornewswire.com - September 4 at 6:53 PM
publicnow.com logoT2 Biosystems to Present at Upcoming Investor Conferences (NASDAQ:TTOO)
www.publicnow.com - September 1 at 11:03 AM
live-pr.com logoNew Report Available: T2 Biosystems, Inc. (TTOO) - Financial and Strategic SWOT Analysis Review (NASDAQ:TTOO)
www.live-pr.com - August 26 at 10:49 AM
News IconHow is the Crowd Rating T2 Biosystems, Inc. (NASDAQ:TTOO) Shares? - Post News (NASDAQ:TTOO)
www.kentuckypostnews.com - August 24 at 7:40 PM
investornewswire.com logoAnalysts See Sales Of $68.575 For T2 Biosystems, Inc. (NASDAQ:TTOO) - Investor Newswire (NASDAQ:TTOO)
www.investornewswire.com - August 22 at 8:59 AM
News IconStock Tracking Lower for the Quarter: T2 Biosystems, Inc. (NASDAQ:TTOO) - Post News (NASDAQ:TTOO)
www.kentuckypostnews.com - August 20 at 7:27 PM
capitalcube.com logoETF’s with exposure to T2 Biosystems, Inc. : August 19, 2016 (NASDAQ:TTOO)
www.capitalcube.com - August 19 at 7:46 PM
finance.yahoo.com logoT2 BIOSYSTEMS, INC. Financials (NASDAQ:TTOO)
finance.yahoo.com - August 17 at 8:15 PM
capitalcube.com logoETF’s with exposure to T2 Biosystems, Inc. : August 8, 2016 (NASDAQ:TTOO)
www.capitalcube.com - August 8 at 8:10 PM
biz.yahoo.com logoT2 BIOSYSTEMS, INC. Files SEC form 10-Q, Quarterly Report (NASDAQ:TTOO)
biz.yahoo.com - August 8 at 8:10 PM
investornewswire.com logoT2 Biosystems, Inc. (NASDAQ:TTOO) Yearly Sales Target At $68.575 - Investor Newswire (NASDAQ:TTOO)
www.investornewswire.com - August 7 at 7:31 PM
capitalcube.com logoT2 Biosystems, Inc. :TTOO-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NASDAQ:TTOO)
www.capitalcube.com - August 5 at 8:10 PM
finance.yahoo.com logoT2 Biosystems to Present at the Canaccord Genuity Growth Conference (NASDAQ:TTOO)
finance.yahoo.com - August 4 at 11:12 AM
biz.yahoo.com logoT2 BIOSYSTEMS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NASDAQ:TTOO)
biz.yahoo.com - August 3 at 8:19 PM
equities.com logoT2 Biosystems Inc. (TTOO) is Trading Higher on Unusual Volume for August 01 - Equities.com (NASDAQ:TTOO)
www.equities.com - August 3 at 11:16 AM
fxpips.com logoBiggest Moving Companies After the Bell (NASDAQ:TTOO)
www.fxpips.com - August 2 at 9:03 AM
finance.yahoo.com logoEdited Transcript of TTOO earnings conference call or presentation 1-Aug-16 8:30pm GMT (NASDAQ:TTOO)
finance.yahoo.com - August 2 at 9:03 AM
sg.finance.yahoo.com logoT2 Biosystems reports 2Q loss (NASDAQ:TTOO)
sg.finance.yahoo.com - August 1 at 7:44 PM
biz.yahoo.com logoQ2 2016 T2 Biosystems Inc Earnings Release - After Market Close (NASDAQ:TTOO)
biz.yahoo.com - August 1 at 7:07 AM
tradecalls.org logoWBB Securities Upgrades T2 Biosystems Inc to Strong Buy - Trade Calls (NASDAQ:TTOO)
www.tradecalls.org - July 29 at 8:13 PM
investornewswire.com logoT2 Biosystems, Inc. (NASDAQ:TTOO) Expected To Post Sales Of $120.843 - Investor Newswire (NASDAQ:TTOO)
www.investornewswire.com - July 26 at 8:27 PM
News IconT2 Biosystems Inc Declines Again; Strong Momentum for Sellers - Consumer Eagle (NASDAQ:TTOO)
www.consumereagle.com - July 22 at 7:48 PM
News IconEquity Roundup: Stock Performance Focus on T2 Biosystems, Inc. (NASDAQ:TTOO) - Press Telegraph (NASDAQ:TTOO)
presstelegraph.com - July 22 at 10:52 AM
fortune.com logoAnalysts Upgrade of the Day: T2 Biosystems Inc (NASDAQ:TTOO) - Review Fortune (NASDAQ:TTOO)
reviewfortune.com - July 22 at 10:52 AM
equities.com logoT2 Biosystems Inc. (TTOO) is Trading Higher on Unusual Volume for July 20 - Equities.com (NASDAQ:TTOO)
www.equities.com - July 22 at 10:52 AM
4-traders.com logoT2 Biosystems Announces 2016 Second Quarter and Six-Month Results Release and Conference Call Date (NASDAQ:TTOO)
www.4-traders.com - July 21 at 10:46 AM
News IconShares Jumping Higher in Session: T2 Biosystems, Inc. (NASDAQ:TTOO) - TGP (NASDAQ:TTOO)
telanaganapress.com - July 20 at 9:00 PM
News IconHow Many T2 Biosystems Inc (NASDAQ:TTOO)'s Analysts Are Bullish? - Consumer Eagle (NASDAQ:TTOO)
www.consumereagle.com - July 20 at 10:49 AM
streetinsider.com logoT2 Biosystems (TTOO) Enters Agreement with Bayer to Provide T2MR - StreetInsider.com (NASDAQ:TTOO)
www.streetinsider.com - July 20 at 10:49 AM
finance.yahoo.com logoT2 Biosystems upgraded by WBB Securities (NASDAQ:TTOO)
finance.yahoo.com - July 20 at 8:11 AM

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T2 Biosystems (NASDAQ:TTOO) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff