NASDAQ:VKTX - Viking Therapeutics Stock Price, News, & Analysis

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$8.26 -1.02 (-10.99 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$8.26
Today's Range$8.25 - $9.26
52-Week Range$3.69 - $24.00
Volume3.94 million shs
Average Volume3.00 million shs
Market Capitalization$594.64 million
P/E RatioN/A
Dividend YieldN/A
Beta2.73
Viking Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of novel therapies for metabolic and endocrine disorders. Its lead clinical program, VK5211, is an orally available, non-steroidal selective androgen receptor modulator in Phase II development for the treatment of patients recovering from non-elective hip fracture surgery; in Phase I clinical trials for improving lean body mass; and in pre-clinical trial for improving bone mineral density, bone mineral content, bone strength, and other measures. The company is also developing VK2809, an orally available, tissue and receptor-subtype selective agonist of the thyroid hormone receptor beta, which is in a Phase II clinical trial for the treatment of patients with hypercholesterolemia and fatty liver disease; and in a Phase I clinical trial to treat patients who suffer from glycogen storage disease type Ia. In addition, it is developing VK0214 for X-linked adrenoleukodystrophy, which is in pre-clinical stage. Viking Therapeutics, Inc. was founded in 2012 and is headquartered in San Diego, California.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:VKTX
CUSIPN/A
Phone858-704-4660

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$4.17 per share

Profitability

Net Income$-22,060,000.00

Miscellaneous

EmployeesN/A
Market Cap$594.64 million
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Viking Therapeutics (NASDAQ:VKTX) Frequently Asked Questions

What is Viking Therapeutics' stock symbol?

Viking Therapeutics trades on the NASDAQ under the ticker symbol "VKTX."

How were Viking Therapeutics' earnings last quarter?

Viking Therapeutics Inc (NASDAQ:VKTX) released its earnings results on Wednesday, March, 13th. The biotechnology company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.03. View Viking Therapeutics' Earnings History.

When is Viking Therapeutics' next earnings date?

Viking Therapeutics is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Viking Therapeutics.

What price target have analysts set for VKTX?

9 Wall Street analysts have issued 1 year price targets for Viking Therapeutics' shares. Their forecasts range from $10.00 to $40.00. On average, they expect Viking Therapeutics' share price to reach $22.8750 in the next twelve months. This suggests a possible upside of 176.9% from the stock's current price. View Analyst Price Targets for Viking Therapeutics.

What is the consensus analysts' recommendation for Viking Therapeutics?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viking Therapeutics in the last year. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Viking Therapeutics.

What are Wall Street analysts saying about Viking Therapeutics stock?

Here are some recent quotes from research analysts about Viking Therapeutics stock:
  • 1. Maxim Group analysts commented, "Viking reported 3Q18 with a net loss of ($6.6M) and ended the period with $304M in cash. We have increased expenses going forward as the NASH program moves into later-stage development and additional programs like 0214 move into the clinic." (11/8/2018)
  • 2. HC Wainwright analysts commented, "Valuation and risks to price target achievement. We reiterate our Buy rating and $31 price target. Our peak sales estimates for VK2806 and VK5211 are based on our U.S. projections, and believe overall that peak sales could be conservative because of the size of the addressable markets, the continuing unmet medical need, and no projections for ex-U.S. sales currently. Our price target is based on our clinical net present value (NPV) model, which allows us to flex multiple assumptions affecting a drug’s potential commercial profile." (11/8/2018)

Has Viking Therapeutics been receiving favorable news coverage?

News articles about VKTX stock have trended negative recently, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Viking Therapeutics earned a news impact score of -2.5 on InfoTrie's scale. They also gave news articles about the biotechnology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

Are investors shorting Viking Therapeutics?

Viking Therapeutics saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 28,887,433 shares, an increase of 10.1% from the February 15th total of 26,246,520 shares. Based on an average daily volume of 3,058,778 shares, the short-interest ratio is currently 9.4 days. Approximately 45.6% of the company's stock are sold short. View Viking Therapeutics' Current Options Chain.

Who are some of Viking Therapeutics' key competitors?

What other stocks do shareholders of Viking Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Viking Therapeutics investors own include NVIDIA (NVDA), Verastem (VSTM), Micron Technology (MU), Alibaba Group (BABA), Sorrento Therapeutics (SRNE), Canopy Growth (CGC), Exelixis (EXEL), Novavax (NVAX), Corbus Pharmaceuticals (CRBP) and Madrigal Pharmaceuticals (MDGL).

Who are Viking Therapeutics' key executives?

Viking Therapeutics' management team includes the folowing people:
  • Dr. Brian Lian, Pres, CEO & Director (Age 53)
  • Mr. Michael Morneau, VP of Fin. & Admin. (Age 54)
  • Ms. Amy Broidrick, Sr. VP of Corp. Devel.
  • Dr. Hiroko Masamune, Chief Devel. Officer (Age 62)
  • Ms. Marianne Mancini, Sr. VP of Clinical Operations

When did Viking Therapeutics IPO?

(VKTX) raised $20 million in an initial public offering on Wednesday, April 29th 2015. The company issued 2,500,000 shares at $7.00-$9.00 per share. Laidlaw & Company (UK) Ltd. acted as the underwriter for the IPO and Feltl and Company was co-manager.

Who are Viking Therapeutics' major shareholders?

Viking Therapeutics' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (7.08%), BlackRock Inc. (5.74%), Park West Asset Management LLC (2.34%), Fiera Capital Corp (2.04%), Sphera Funds Management LTD. (1.04%) and Northern Trust Corp (1.02%). Company insiders that own Viking Therapeutics stock include J Matthew Singleton, Lawson Macartney, Ligand Pharmaceuticals Inc and Michael Morneau. View Institutional Ownership Trends for Viking Therapeutics.

Which institutional investors are selling Viking Therapeutics stock?

VKTX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Millennium Management LLC, Sphera Funds Management LTD., Weiss Multi Strategy Advisers LLC, Falcon Point Capital LLC, Two Sigma Advisers LP, FNY Investment Advisers LLC and SG Americas Securities LLC. Company insiders that have sold Viking Therapeutics company stock in the last year include Ligand Pharmaceuticals Inc and Michael Morneau. View Insider Buying and Selling for Viking Therapeutics.

Which institutional investors are buying Viking Therapeutics stock?

VKTX stock was purchased by a variety of institutional investors in the last quarter, including Fiera Capital Corp, BlackRock Inc., Park West Asset Management LLC, Two Sigma Investments LP, Prosight Management LP, Columbus Circle Investors, Essex Investment Management Co. LLC and New York State Common Retirement Fund. Company insiders that have bought Viking Therapeutics stock in the last two years include J Matthew Singleton and Lawson Macartney. View Insider Buying and Selling for Viking Therapeutics.

How do I buy shares of Viking Therapeutics?

Shares of VKTX 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 Viking Therapeutics' stock price today?

One share of VKTX stock can currently be purchased for approximately $8.26.

How big of a company is Viking Therapeutics?

Viking Therapeutics has a market capitalization of $594.64 million. The biotechnology company earns $-22,060,000.00 in net income (profit) each year or ($0.40) on an earnings per share basis.

What is Viking Therapeutics' official website?

The official website for Viking Therapeutics is http://www.vikingtherapeutics.com.

How can I contact Viking Therapeutics?

Viking Therapeutics' mailing address is 12340 EL CAMINO REAL SUITE 250, SAN DIEGO CA, 92130. The biotechnology company can be reached via phone at 858-704-4660 or via email at [email protected]


MarketBeat Community Rating for Viking Therapeutics (NASDAQ VKTX)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  299 (Vote Outperform)
Underperform Votes:  160 (Vote Underperform)
Total Votes:  459
MarketBeat's community ratings are surveys of what our community members think about Viking Therapeutics and other stocks. Vote "Outperform" if you believe VKTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VKTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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