NASDAQ:XLRN - Acceleron Pharma Stock Price, News & Analysis

$47.33
0.00 (0.00 %)
(As of 08/22/2019 09:35 AM ET)
Today's Range
$47.34
Now: $47.33
$47.34
50-Day Range
$40.16
MA: $43.13
$46.73
52-Week Range
$37.01
Now: $47.33
$59.59
Volume1,090 shs
Average Volume285,079 shs
Market Capitalization$2.49 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.18
Acceleron Pharma Inc, a clinical stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutics to treat serious and rare diseases. Its therapeutic candidates include luspatercept, which is in Phase III clinical trials for the treatment of myelodysplastic syndromes and beta-thalassemia; Phase II clinical trials for the treatment of patients with transfusion-dependent beta-thalassemia and myelofibrosis. Read More…

Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:XLRN
CUSIPN/A
Phone617-649-9200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.99 million
Book Value$9.49 per share

Profitability

Net Income$-118,870,000.00
Net Margins-318.84%

Miscellaneous

Employees173
Market Cap$2.49 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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Acceleron Pharma (NASDAQ:XLRN) Frequently Asked Questions

What is Acceleron Pharma's stock symbol?

Acceleron Pharma trades on the NASDAQ under the ticker symbol "XLRN."

How were Acceleron Pharma's earnings last quarter?

Acceleron Pharma Inc (NASDAQ:XLRN) released its quarterly earnings results on Monday, August, 5th. The biopharmaceutical company reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.24) by $0.10. The biopharmaceutical company had revenue of $27.67 million for the quarter, compared to analysts' expectations of $28.72 million. Acceleron Pharma had a negative net margin of 318.84% and a negative return on equity of 29.51%. The business's quarterly revenue was up 649.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.63) EPS. View Acceleron Pharma's Earnings History.

When is Acceleron Pharma's next earnings date?

Acceleron Pharma is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Acceleron Pharma.

What price target have analysts set for XLRN?

10 Wall Street analysts have issued 12-month price objectives for Acceleron Pharma's shares. Their predictions range from $45.00 to $78.00. On average, they anticipate Acceleron Pharma's stock price to reach $62.1250 in the next twelve months. This suggests a possible upside of 31.3% from the stock's current price. View Analyst Price Targets for Acceleron Pharma.

What is the consensus analysts' recommendation for Acceleron Pharma?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acceleron Pharma in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Acceleron Pharma.

What are Wall Street analysts saying about Acceleron Pharma stock?

Here are some recent quotes from research analysts about Acceleron Pharma stock:
  • 1. According to Zacks Investment Research, "Acceleron Pharma Inc. is a biopharmaceutical company which focuses on the discovery, development and commercialization of protein therapeutics for cancer and rare diseases. Acceleron Pharma Inc. is based in Cambridge, Massachusetts. " (7/20/2019)
  • 2. HC Wainwright analysts commented, "Our $69 price target is based on probability-adjusted revenue forecasts for luspatercept, the company’s earlier stage pipeline and estimated year-end cash. We use the net present value of our revenue forecast through 2026, apply a 65% probability of success and a 2.5x price/sales multiple for luspatercept, and our year-end cash estimate of $7.85 to arrive at our price target. We use a 20% discount rate for the pipeline as it is above the marketed products discount rate due to development risks, but within the typical range of 15-25% for products in development." (6/4/2019)

Has Acceleron Pharma been receiving favorable news coverage?

Media stories about XLRN stock have been trending positive recently, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Acceleron Pharma earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave press coverage about the biopharmaceutical company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Acceleron Pharma.

Who are some of Acceleron Pharma's key competitors?

What other stocks do shareholders of Acceleron Pharma own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Acceleron Pharma investors own include Bristol-Myers Squibb (BMY), Gilead Sciences (Gild), Incyte (Incy), LogicBio Therapeutics (LOGC), Corcept Therapeutics (CORT), Bausch Health Companies (BHC), FibroGen (FGEN), Intercept Pharmaceuticals (ICPT), Celgene (Celg) and Cisco Systems (CSCO).

Who are Acceleron Pharma's key executives?

Acceleron Pharma's management team includes the folowing people:
  • Mr. Habib J. Dable, CEO, Pres & Director (Age 50)
  • Dr. Thomas P. Maniatis, Co-Founder, Member of Scientific Advisory Board & Director (Age 76)
  • Mr. Kevin F. McLaughlin, Sr. VP, CFO & Treasurer (Age 63)
  • Dr. Ravindra Kumar, Chief Scientific Officer & Sr. VP (Age 59)
  • Dr. John D. Quisel, Exec. VP, Chief Bus. Officer & Sec. (Age 48)

Who are Acceleron Pharma's major shareholders?

Acceleron Pharma's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.34%), Vanguard Group Inc. (7.76%), Price T Rowe Associates Inc. MD (7.16%), Artal Group S.A. (2.85%), Janus Henderson Group PLC (2.49%) and Janus Henderson Group PLC (2.49%). Company insiders that own Acceleron Pharma stock include Adam M Veness, Christopher Rovaldi, Corp /De/ Celgene, Habib J Dable, Jean George, John D Quisel, Joseph S Zakrzewski, Kevin F Mclaughlin, Matthew L Sherman, Ravindra Kumar and Richard F Pops. View Institutional Ownership Trends for Acceleron Pharma.

Which institutional investors are selling Acceleron Pharma stock?

XLRN stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Artal Group S.A., Marshall Wace North America L.P., Westfield Capital Management Co. LP, Novo Holdings A S, Tiverton Asset Management LLC, Amundi Pioneer Asset Management Inc. and Bank of America Corp DE. Company insiders that have sold Acceleron Pharma company stock in the last year include Adam M Veness, Habib J Dable, Jean George, John D Quisel, Kevin F Mclaughlin and Ravindra Kumar. View Insider Buying and Selling for Acceleron Pharma.

Which institutional investors are buying Acceleron Pharma stock?

XLRN stock was bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Sofinnova Investments Inc., Nuveen Asset Management LLC, Candriam Luxembourg S.C.A., BlackRock Inc., Bamco Inc. NY, Vanguard Group Inc. and AXA. Company insiders that have bought Acceleron Pharma stock in the last two years include Corp /De/ Celgene and Joseph S Zakrzewski. View Insider Buying and Selling for Acceleron Pharma.

How do I buy shares of Acceleron Pharma?

Shares of XLRN 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 Acceleron Pharma's stock price today?

One share of XLRN stock can currently be purchased for approximately $47.33.

How big of a company is Acceleron Pharma?

Acceleron Pharma has a market capitalization of $2.49 billion and generates $13.99 million in revenue each year. The biopharmaceutical company earns $-118,870,000.00 in net income (profit) each year or ($2.59) on an earnings per share basis. Acceleron Pharma employs 173 workers across the globe.View Additional Information About Acceleron Pharma.

What is Acceleron Pharma's official website?

The official website for Acceleron Pharma is http://www.acceleronpharma.com/.

How can I contact Acceleron Pharma?

Acceleron Pharma's mailing address is 128 SYDNEY STREET, CAMBRIDGE MA, 02139. The biopharmaceutical company can be reached via phone at 617-649-9200 or via email at [email protected]


MarketBeat Community Rating for Acceleron Pharma (NASDAQ XLRN)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  448 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  761
MarketBeat's community ratings are surveys of what our community members think about Acceleron Pharma and other stocks. Vote "Outperform" if you believe XLRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XLRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/22/2019 by MarketBeat.com Staff

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