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

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$165.11 -1.56 (-0.94 %)
(As of 11/19/2018 08:00 AM ET)
Previous Close$166.67
Today's Range$164.67 - $167.99
52-Week Range$136.50 - $194.92
Volume1.92 million shs
Average Volume1.67 million shs
Market Capitalization$42.20 billion
P/E Ratio206.39
Dividend YieldN/A
Beta1.61
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
Current SymbolNASDAQ:VRTX
Previous Symbol
CUSIP92532F10
Phone617-341-6100

Debt

Debt-to-Equity Ratio0.01
Current Ratio3.71
Quick Ratio3.59

Price-To-Earnings

Trailing P/E Ratio206.39
Forward P/E Ratio64.75
P/E Growth1.64

Sales & Book Value

Annual Sales$2.49 billion
Price / Sales16.96
Cash Flow$1.0487 per share
Price / Cash157.45
Book Value$8.08 per share
Price / Book20.43

Profitability

EPS (Most Recent Fiscal Year)$0.80
Net Income$263.48 million
Net Margins22.87%
Return on Equity22.92%
Return on Assets14.10%

Miscellaneous

Employees2,300
Outstanding Shares255,560,000
Market Cap$42.20 billion
OptionableOptionable

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 announced that its board has approved a share repurchase program on Thursday, February 1st 2018, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

How were Vertex Pharmaceuticals' earnings last quarter?

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) posted its quarterly earnings data on Wednesday, October, 24th. The pharmaceutical company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.07. The pharmaceutical company earned $784.54 million during the quarter, compared to analysts' expectations of $782.95 million. Vertex Pharmaceuticals had a net margin of 22.87% and a return on equity of 22.92%. During the same quarter last year, the business earned $0.53 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, January 30th 2019. View Earnings Estimates for Vertex Pharmaceuticals.

What price target have analysts set for VRTX?

22 brokers have issued 1 year price objectives for Vertex Pharmaceuticals' stock. Their forecasts range from $175.00 to $220.00. On average, they anticipate Vertex Pharmaceuticals' share price to reach $201.6190 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price. View Analyst Price Targets for Vertex Pharmaceuticals.

What is the consensus analysts' recommendation for Vertex Pharmaceuticals?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vertex Pharmaceuticals in the last year. There are currently 2 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Vertex Pharmaceuticals.

Has Vertex Pharmaceuticals been receiving favorable news coverage?

Media stories about VRTX stock have trended very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press 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 positive five, with scores closest to five being the most favorable. Vertex Pharmaceuticals earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave press coverage about the pharmaceutical company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

Are investors shorting Vertex Pharmaceuticals?

Vertex Pharmaceuticals saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,837,179 shares, an increase of 39.2% from the October 15th total of 2,756,220 shares. Based on an average trading volume of 1,941,590 shares, the short-interest ratio is presently 2.0 days. Currently, 1.5% of the company's shares are sold short. View Vertex Pharmaceuticals' Current Options Chain.

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (7.80%), FMR LLC (7.07%), Capital World Investors (3.01%), Jennison Associates LLC (2.43%), Renaissance Technologies LLC (1.60%) and Capital International Investors (1.12%). 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 institutional investors are selling Vertex Pharmaceuticals stock?

VRTX stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, TIAA CREF Investment Management LLC, Mitsubishi UFJ Trust & Banking Corp, Janus Henderson Group PLC, MERIAN GLOBAL INVESTORS UK Ltd, AXA, Standard Life Aberdeen plc and Point72 Asset Management L.P.. 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 institutional investors are buying Vertex Pharmaceuticals stock?

VRTX stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Capital Research Global Investors, FMR LLC, Jennison Associates LLC, BlackRock Inc., Prudential Financial Inc., Panagora Asset Management Inc. and AQR Capital Management LLC. 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 $165.11.

How big of a company is Vertex Pharmaceuticals?

Vertex Pharmaceuticals has a market capitalization of $42.20 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:  1,228 (Vote Outperform)
Underperform Votes:  655 (Vote Underperform)
Total Votes:  1,883
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 11/19/2018 by MarketBeat.com Staff

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