NASDAQ:VRTX - Vertex Pharmaceuticals Stock Price, News, & Analysis

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$177.07 -8.41 (-4.53 %)
(As of 10/18/2018 02:31 PM ET)
Previous Close$185.48
Today's Range$174.00 - $184.25
52-Week Range$136.50 - $194.92
Volume82,764 shs
Average Volume1.52 million shs
Market Capitalization$49.26 billion
P/E Ratio224.69
Dividend YieldN/A
Beta1.48
Vertex Pharmaceuticals Incorporated, a biotechnology company, develops medicines for serious diseases. The company focuses on developing and commercializing therapies for the treatment of cystic fibrosis (CF) and advancing its research and development programs. It markets ORKAMBI (lumacaftor in combination with ivacaftor) to treat patients with CF 12 years of age and older who are homozygous for the F508del mutation in their cystic fibrosis transmembrane conductance regulator (CFTR) gene; KALYDECO (ivacaftor) for the treatment of patients with CF who have specific mutations in their CFTR gene, including the G551D mutation; and SYMDEKO (tezacaftor in combination with ivacaftor) to treat patients with CF 12 years of age and older who are F508del homozygous or who have 1 mutation that is responsive to tezacaftor/ivacaftor. The company also develops VX-659 and VX-445, which are CFTR corrector compounds in Phase II clinical trial; VX-150 that is in Phase II clinical trial to treat pain; VX-128, which is in Phase I clinical trial for the treatment of pain; CTX001, an investigational gene editing treatment that is in Phase I/II trial for the treatment of beta-thalassemia and sickle cell disease; pimodivir (JNJ-63623872), which is in a Phase III clinical development program to treat influenza; and VX-210 to treat acute spinal cord injury. It sells its products primarily to specialty pharmacy providers in North America, as well as government-owned and supported customers internationally. The company has collaborations with Cystic Fibrosis Foundation Therapeutics Incorporated; CRISPR Therapeutics AG; Moderna Therapeutics, Inc.; BioAxone Biosciences, Inc.; Parion Sciences, Inc.; Merck KGaA; Janssen Pharmaceuticals, Inc; and Q-State Biosciences, Inc. The company was founded in 1989 and is headquartered in Boston, Massachusetts.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
SymbolNASDAQ:VRTX
CUSIP92532F10
Phone617-341-6100

Debt

Debt-to-Equity Ratio0.01
Current Ratio3.67
Quick Ratio3.55

Price-To-Earnings

Trailing P/E Ratio224.69
Forward P/E Ratio71.40
P/E Growth1.96

Sales & Book Value

Annual Sales$2.49 billion
Price / Sales18.18
Cash Flow$0.9634 per share
Price / Cash183.79
Book Value$8.08 per share
Price / Book21.91

Profitability

EPS (Most Recent Fiscal Year)$0.80
Net Income$263.48 million
Net Margins15.84%
Return on Equity19.86%
Return on Assets11.88%

Miscellaneous

Employees2,300
Outstanding Shares255,560,000
Market Cap$49.26 billion

Vertex Pharmaceuticals (NASDAQ:VRTX) Frequently Asked Questions

What is Vertex Pharmaceuticals' stock symbol?

Vertex Pharmaceuticals trades on the NASDAQ under the ticker symbol "VRTX."

How will Vertex Pharmaceuticals' stock buyback program work?

Vertex Pharmaceuticals declared that its Board of Directors has approved a stock buyback program on Thursday, February 1st 2018, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

How were Vertex Pharmaceuticals' earnings last quarter?

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) posted its earnings results on Wednesday, July, 25th. The pharmaceutical company reported $0.94 EPS for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.54. The pharmaceutical company had revenue of $752.20 million for the quarter, compared to the consensus estimate of $680.86 million. Vertex Pharmaceuticals had a return on equity of 19.86% and a net margin of 15.84%. The firm's revenue was up 38.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 EPS. View Vertex Pharmaceuticals' Earnings History.

When is Vertex Pharmaceuticals' next earnings date?

Vertex Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Wednesday, October 24th 2018. View Earnings Estimates for Vertex Pharmaceuticals.

How can I listen to Vertex Pharmaceuticals' earnings call?

Vertex Pharmaceuticals will be holding an earnings conference call on Wednesday, October 24th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8665011537.

What price target have analysts set for VRTX?

24 brokerages have issued twelve-month target prices for Vertex Pharmaceuticals' stock. Their forecasts range from $103.00 to $230.00. On average, they anticipate Vertex Pharmaceuticals' stock price to reach $196.9524 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price. View Analyst Price Targets for Vertex Pharmaceuticals.

What is the consensus analysts' recommendation for Vertex Pharmaceuticals?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vertex Pharmaceuticals in the last year. There are currently 3 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Vertex Pharmaceuticals.

Who are some of Vertex Pharmaceuticals' key competitors?

Who are Vertex Pharmaceuticals' key executives?

Vertex Pharmaceuticals' management team includes the folowing people:
  • Mr. Jeffrey Marc Leiden, Chairman, CEO & Pres (Age 62)
  • Mr. Thomas Graney, CFO & Sr. VP (Age 53)
  • Mr. Ian F. Smith, Exec. VP & COO (Age 52)
  • Dr. David M. Altshuler, Chief Scientific Officer & Exec. VP of Global Research (Age 53)
  • Mr. Michael J. Parini, Exec. VP and Chief Legal & Admin. Officer (Age 43)

Who are Vertex Pharmaceuticals' major shareholders?

Vertex Pharmaceuticals' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include MERIAN GLOBAL INVESTORS UK Ltd (0.55%), Manning & Napier Group LLC (0.14%), Bank of Montreal Can (0.12%), Atalanta Sosnoff Capital LLC (0.12%), Hardman Johnston Global Advisors LLC (0.10%) and Welch & Forbes LLC (0.07%). Company insiders that own Vertex Pharmaceuticals stock include Amit Sachdev, David Altshuler, Ian F Smith, Jeffrey Chodakewitz, Jeffrey M Leiden, Joshua S Boger, Margaret G Mcglynn, Michael Parini, Paul M Silva, Reshma Kewalramani, Sangeeta N Bhatia, Stuart A Arbuckle and Thomas Graney. View Institutional Ownership Trends for Vertex Pharmaceuticals.

Which major investors are selling Vertex Pharmaceuticals stock?

VRTX stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Factory Mutual Insurance Co., Seven Eight Capital LP, Bowling Portfolio Management LLC, Manning & Napier Group LLC, Hardman Johnston Global Advisors LLC, Essex Investment Management Co. LLC and Stonebridge Capital Management Inc.. Company insiders that have sold Vertex Pharmaceuticals company stock in the last year include Amit Sachdev, David Altshuler, Ian F Smith, Jeffrey Chodakewitz, Jeffrey M Leiden, Margaret G Mcglynn, Michael Parini, Paul M Silva, Reshma Kewalramani, Sangeeta N Bhatia, Stuart A Arbuckle and Thomas Graney. View Insider Buying and Selling for Vertex Pharmaceuticals.

Which major investors are buying Vertex Pharmaceuticals stock?

VRTX stock was bought by a variety of institutional investors in the last quarter, including CHURCHILL MANAGEMENT Corp, Bank of Montreal Can, Nisa Investment Advisors LLC, Aperio Group LLC, Welch & Forbes LLC, Sheets Smith Wealth Management, Lourd Capital LLC and First Hawaiian Bank. View Insider Buying and Selling for Vertex Pharmaceuticals.

How do I buy shares of Vertex Pharmaceuticals?

Shares of VRTX 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 Vertex Pharmaceuticals' stock price today?

One share of VRTX stock can currently be purchased for approximately $176.78.

How big of a company is Vertex Pharmaceuticals?

Vertex Pharmaceuticals has a market capitalization of $49.26 billion and generates $2.49 billion in revenue each year. The pharmaceutical company earns $263.48 million in net income (profit) each year or $0.80 on an earnings per share basis. Vertex Pharmaceuticals employs 2,300 workers across the globe.

What is Vertex Pharmaceuticals' official website?

The official website for Vertex Pharmaceuticals is http://www.vrtx.com.

How can I contact Vertex Pharmaceuticals?

Vertex Pharmaceuticals' mailing address is 50 NORTHERN AVENUE, BOSTON MA, 02210. The pharmaceutical company can be reached via phone at 617-341-6100 or via email at [email protected]


MarketBeat Community Rating for Vertex Pharmaceuticals (NASDAQ VRTX)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  1,214 (Vote Outperform)
Underperform Votes:  651 (Vote Underperform)
Total Votes:  1,865
MarketBeat's community ratings are surveys of what our community members think about Vertex Pharmaceuticals and other stocks. Vote "Outperform" if you believe VRTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/18/2018 by MarketBeat.com Staff

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