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.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone858-704-4660
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees14
Next Earnings Date3/6/2019 (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) issued its quarterly earnings results on Thursday, August, 9th. The biotechnology company reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.11) by $0.02. View Viking Therapeutics' Earnings History.
When is Viking Therapeutics' next earnings date?
What price target have analysts set for VKTX?
10 Wall Street analysts have issued 12-month target prices for Viking Therapeutics' stock. Their forecasts range from $15.00 to $43.00. On average, they expect Viking Therapeutics' share price to reach $26.2857 in the next twelve months. This suggests a possible upside of 219.8% from the stock's current price. View Analyst Price Targets for Viking Therapeutics.
What is the consensus analysts' recommendation for Viking Therapeutics?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viking Therapeutics in the last year. There are currently 2 hold ratings, 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?
Press coverage about VKTX stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Viking Therapeutics earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news articles about the biotechnology company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Are investors shorting Viking Therapeutics?
Viking Therapeutics saw a increase in short interest in January. As of January 31st, there was short interest totalling 25,131,495 shares, an increase of 7.7% from the January 15th total of 23,329,435 shares. Based on an average daily trading volume, of 2,543,155 shares, the short-interest ratio is presently 9.9 days. Currently, 39.6% of the company's shares are short sold. View Viking Therapeutics' Current Options Chain.
Who are some of Viking Therapeutics' key competitors?
Some companies that are related to Viking Therapeutics include Ligand Pharmaceuticals (LGND), Arena Pharmaceuticals (ARNA), Endo International (ENDP), Akcea Therapeutics (AKCA), Heron Therapeutics (HRTX), Ironwood Pharmaceuticals (IRWD), Amicus Therapeutics (FOLD), Zogenix (ZGNX), Portola Pharmaceuticals (PTLA), Insmed (INSM), Endocyte (ECYT), Supernus Pharmaceuticals (SUPN), Enanta Pharmaceuticals (ENTA), Madrigal Pharmaceuticals (MDGL) and Xencor (XNCR).
What other stocks do shareholders of Viking Therapeutics own?
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 (IPO) 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.74%), Park West Asset Management LLC (2.34%), Fiera Capital Corp (2.04%), Sphera Funds Management LTD. (1.04%), Northern Trust Corp (1.02%) and Columbus Circle Investors (0.91%). 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 major investors are selling Viking Therapeutics stock?
VKTX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Sphera Funds Management LTD., Weiss Multi Strategy Advisers LLC, Falcon Point Capital LLC, Two Sigma Advisers LP, FNY Investment Advisers LLC, SG Americas Securities LLC and Virtu Financial 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 major investors are buying Viking Therapeutics stock?
VKTX stock was acquired 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 $8.22.
How big of a company is Viking Therapeutics?
Viking Therapeutics has a market capitalization of $587.40 million. The biotechnology company earns $-20,570,000.00 in net income (profit) each year or ($0.79) on an earnings per share basis. Viking Therapeutics employs 14 workers across the globe.
What is Viking Therapeutics' official website?
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)
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.
