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NYSE:ASRT - Depomed Stock Price, Forecast & News

$1.31
-0.03 (-2.24 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$1.28
Now: $1.31
$1.34
50-Day Range
$1.04
MA: $1.20
$1.52
52-Week Range
$0.68
Now: $1.31
$5.76
Volume919,676 shs
Average Volume2.39 million shs
Market Capitalization$105.69 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Assertio Therapeutics, Inc., a specialty pharmaceutical company, engages in the development, sale, and licensing of products for pain and other central nervous system conditions in the United States. It offers Gralise (gabapentin), an once-daily product for the management of postherpetic neuralgia; CAMBIA (diclofenac potassium for oral solution), a non-steroidal anti-inflammatory drug indicated for acute treatment of migraine attacks in adults; and Zipsor (diclofenac potassium) liquid filled capsule, a non-steroidal anti-inflammatory drug for the treatment of mild to moderate acute pain in adults. The company also provides NUCYNTA ER (tapentadol extended release tablet), a product for the management of pain severe enough to long term opioid treatment, including neuropathic pain associated with diabetic peripheral neuropathy (DPN) in adults; and NUCYNTA IR (tapentadol), a product for the management of moderate to severe acute pain in adults. In addition, it is involved in the clinical development of Cebranopadol for the treatment of chronic nociceptive and neuropathic pain. It has a collaboration and license agreement with Ironwood Pharmaceuticals, Inc.; and a license agreement with Janssen Pharmaceuticals, Inc. based on its proprietary Acuform gastroretentive drug delivery technology. The company sells its products to wholesalers and retail pharmacies. The company was formerly known as Depomed Inc. and changed its name to Assertio Therapeutics, Inc. in August 2018 Assertio Therapeutics, Inc. was founded in 1995 and is headquartered in Lake Forest, Illinois.

Industry, Sector and Symbol

Industry Drug Manufacturers - Specialty & Generic
Sub-IndustryN/A
SectorMedical
CUSIPN/A
CIKN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$105.69 million
Next Earnings Date3/4/2020 (Estimated)
OptionableOptionable

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Depomed (NYSE:ASRT) Frequently Asked Questions

What is Depomed's stock symbol?

Depomed trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASRT."

How were Depomed's earnings last quarter?

Depomed, Inc. (NYSE:ASRT) released its earnings results on Wednesday, March, 6th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.10. The company earned $62.80 million during the quarter, compared to analysts' expectations of $60.94 million. The firm's quarterly revenue was down 33.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.15 EPS. View Depomed's Earnings History.

When is Depomed's next earnings date?

Depomed is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Depomed.

What price target have analysts set for ASRT?

1 equities research analysts have issued 1-year price targets for Depomed's shares. Their forecasts range from $3.00 to $3.00. On average, they expect Depomed's stock price to reach $3.00 in the next twelve months. This suggests a possible upside of 129.0% from the stock's current price. View Analyst Price Targets for Depomed.

What is the consensus analysts' recommendation for Depomed?

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

Has Depomed been receiving favorable news coverage?

News articles about ASRT stock have trended somewhat negative recently, according to InfoTrie. The research group scores the sentiment of press 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. Depomed earned a news impact score of -1.8 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Depomed.

Who are some of Depomed's key competitors?

What other stocks do shareholders of Depomed own?

Who are Depomed's key executives?

Depomed's management team includes the folowing people:
  • Mr. Arthur Joseph Higgins, CEO, Pres & Director (Age 62)
  • Mr. Phillip B. Donenberg, CFO & Sr. VP (Age 57)
  • Mr. Sean P. McKercher, Sr. VP of Operations & Bus. (Age 61)
  • Dr. Stan Bukofzer, Sr. VP and Chief Medical & Scientific Officer (Age 62)
  • Mr. John B. Thomas, Sr. VP of IR & Corp. Communications (Age 54)

How do I buy shares of Depomed?

Shares of ASRT 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, Robinhood, Fidelity and Charles Schwab.

What is Depomed's stock price today?

One share of ASRT stock can currently be purchased for approximately $1.31.

How big of a company is Depomed?

Depomed has a market capitalization of $105.69 million. View Additional Information About Depomed.

What is Depomed's official website?

The official website for Depomed is http://www.assertiotx.com/.


MarketBeat Community Rating for Depomed (NYSE ASRT)

Community Ranking:  2.5 out of 5 (star star)
Outperform Votes:  60 (Thanks for Voting!)
Underperform Votes:  62 (Thanks for Voting!)
Total Votes:  122
MarketBeat's community ratings are surveys of what our community members think about Depomed and other stocks. Vote "Outperform" if you believe ASRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2020 by MarketBeat.com Staff

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