NASDAQ:WVE - Wave Life Sciences Stock Price, News, & Analysis

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$25.41 +1.22 (+5.04 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$25.41
Today's Range$24.09 - $25.89
52-Week Range$22.90 - $56.00
Volume324,397 shs
Average Volume455,038 shs
Market Capitalization$870.55 million
P/E RatioN/A
Dividend YieldN/A
Beta0.56
Wave Life Sciences Ltd., a clinical stage genetic medicine company, designs, optimizes, and produces of novel stereopure oligonucleotides through PRISM, a discovery and drug developing platform. The company is primarily developing oligonucleotides that target genetic defects to either reduce the expression of disease-promoting proteins or transform the production of dysfunctional mutant proteins into the production of functional proteins. It focuses on proprietary programs in neurology in the central nervous system and neuromuscular system. The company has a research, license, and option agreement with Pfizer Inc. and Takeda Pharmaceutical Company Limited for the research, development, and commercialization of stereopure oligonucleotide therapeutics and oligonucleotide therapeutics. Wave Life Sciences Ltd. was founded in 2012 and is based in Singapore.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:WVE
CUSIPN/A
Phone65-6236-3388

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.41 million
Book Value$5.75 per share

Profitability

Net Income$-146,650,000.00
Net Margins-971.48%

Miscellaneous

Employees250
Market Cap$870.55 million
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

Wave Life Sciences (NASDAQ:WVE) Frequently Asked Questions

What is Wave Life Sciences' stock symbol?

Wave Life Sciences trades on the NASDAQ under the ticker symbol "WVE."

How were Wave Life Sciences' earnings last quarter?

Wave Life Sciences Ltd (NASDAQ:WVE) announced its quarterly earnings results on Friday, May, 10th. The company reported ($1.36) earnings per share for the quarter, missing analysts' consensus estimates of ($1.19) by $0.17. The firm had revenue of $3.03 million for the quarter, compared to the consensus estimate of $9.66 million. Wave Life Sciences had a negative return on equity of 120.60% and a negative net margin of 971.48%. View Wave Life Sciences' Earnings History.

When is Wave Life Sciences' next earnings date?

Wave Life Sciences is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Wave Life Sciences.

What price target have analysts set for WVE?

5 brokerages have issued twelve-month price objectives for Wave Life Sciences' shares. Their forecasts range from $33.00 to $65.00. On average, they expect Wave Life Sciences' share price to reach $50.80 in the next twelve months. This suggests a possible upside of 99.9% from the stock's current price. View Analyst Price Targets for Wave Life Sciences.

What is the consensus analysts' recommendation for Wave Life Sciences?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wave Life Sciences in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wave Life Sciences.

What are Wall Street analysts saying about Wave Life Sciences stock?

Here are some recent quotes from research analysts about Wave Life Sciences stock:
  • 1. HC Wainwright analysts commented, "We value WAVE $33 per share, which reflects: (1) elimination of the DMD franchise from our model; (2) estimated launch of the FTD and ALS programs pushed out to 2025 from prior 2023; and (3) estimated launch in HD pushed out to 2025 from prior 2023, which reflects the Phase 3 design and duration of a peer program. Our $33 target is based on a risk-adjusted, sum-of-the-parts DCF analysis: beta of 1.15, terminal growth rate of 0.5%, risk premium of 4.93%, calculated WACC of 8.3%, and tax rate of 15% beginning in FY 2030, and is now 100% leveraged to the company’s CNS portfolio." (5/13/2019)
  • 2. According to Zacks Investment Research, "WAVE Life Sciences Pte. Ltd. is a preclinical biopharmaceutical company. It designs, develops and commercializes nucleic acid therapeutic candidates for Huntington's disease, Duchenne muscular dystrophy and inflammatory bowel disease. Huntington's disease, the Company has programs targeting HTT SNP-1 and HTT SNP-2; DMD, targeting Exon 51 and in IBD, it is targeting SMAD7. The Company has late-stage discovery programs in epidermolysis bullosa simplex, in which it is targeting KRT14 SNP-1 and KRT14 SNP-2 and in DMD, it is focused on an additional DMD target, Activin Receptor type IIb. WAVE Life Sciences Pte. Ltd. is based in Singapore. " (3/9/2019)

Has Wave Life Sciences been receiving favorable news coverage?

Media headlines about WVE stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news 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 -5 to 5, with scores closest to five being the most favorable. Wave Life Sciences earned a news sentiment score of 1.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Wave Life Sciences' key competitors?

What other stocks do shareholders of Wave Life Sciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wave Life Sciences investors own include Exelixis (EXEL), TherapeuticsMD (TXMD), Spark Therapeutics (ONCE), Editas Medicine (EDIT), Gilead Sciences (GILD), GTX (GTXI), GW Pharmaceuticals PLC- (GWPH), Micron Technology (MU), Neurocrine Biosciences (NBIX) and NVIDIA (NVDA).

Who are Wave Life Sciences' key executives?

Wave Life Sciences' management team includes the folowing people:
  • Dr. Paul B. Bolno, Pres, CEO & Director (Age 45)
  • Dr. Christopher Francis Ph.D., Sr. VP of Corp. Devel. & Head of Emerging Areas (Age 41)
  • Dr. Chandra Vargeese, Sr. VP of Drug Discovery (Age 58)
  • Dr. Takeshi Wada, Scientific Advisor (Age 57)
  • Mr. Keith C. Regnante, Chief Financial Officer (Age 49)

Who are Wave Life Sciences' major shareholders?

Wave Life Sciences' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (8.55%), Redmile Group LLC (8.26%), BlackRock Inc. (4.96%), Wellington Management Group LLP (2.34%), ArrowMark Colorado Holdings LLC (1.43%) and FMR LLC (1.16%). Company insiders that own Wave Life Sciences stock include Chandra Vargeese, Chris Francis, Gregory L Verdine, Keith Regnante, Masaharu Tanaka, Michael A Panzara, Paul Bolno and Ra Capital Management, Llc. View Institutional Ownership Trends for Wave Life Sciences.

Which major investors are selling Wave Life Sciences stock?

WVE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, WS Management Lllp, Wells Fargo & Company MN and Parametric Portfolio Associates LLC. Company insiders that have sold Wave Life Sciences company stock in the last year include Chandra Vargeese, Chris Francis, Gregory L Verdine, Keith Regnante, Michael A Panzara and Paul Bolno. View Insider Buying and Selling for Wave Life Sciences.

Which major investors are buying Wave Life Sciences stock?

WVE stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Wellington Management Group LLP, Redmile Group LLC, Marshall Wace North America L.P., BlackRock Inc., Spark Investment Management LLC, Marshall Wace LLP and Fosun International Ltd. View Insider Buying and Selling for Wave Life Sciences.

How do I buy shares of Wave Life Sciences?

Shares of WVE 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 Wave Life Sciences' stock price today?

One share of WVE stock can currently be purchased for approximately $25.41.

How big of a company is Wave Life Sciences?

Wave Life Sciences has a market capitalization of $870.55 million and generates $14.41 million in revenue each year. The company earns $-146,650,000.00 in net income (profit) each year or ($5.06) on an earnings per share basis. Wave Life Sciences employs 250 workers across the globe.

What is Wave Life Sciences' official website?

The official website for Wave Life Sciences is http://www.wavelifesciences.com/.

How can I contact Wave Life Sciences?

Wave Life Sciences' mailing address is 7 STRAITS VIEW #12-00 MARINA ONE EAST TOWER, SINGAPORE U0, 018936. The company can be reached via phone at 65-6236-3388 or via email at [email protected]


MarketBeat Community Rating for Wave Life Sciences (NASDAQ WVE)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  258 (Vote Outperform)
Underperform Votes:  213 (Vote Underperform)
Total Votes:  471
MarketBeat's community ratings are surveys of what our community members think about Wave Life Sciences and other stocks. Vote "Outperform" if you believe WVE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WVE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/25/2019 by MarketBeat.com Staff

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