NASDAQ:ASRT

Assertio (ASRT) Stock Price, News & Analysis

$0.86
-0.05 (-5.30%)
(As of 01:56 PM ET)
Today's Range
$0.85
$0.90
50-Day Range
$0.75
$1.14
52-Week Range
$0.75
$8.01
Volume
481,263 shs
Average Volume
1.01 million shs
Market Capitalization
$81.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.50

Assertio MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
538.6% Upside
$5.50 Price Target
Short Interest
Bearish
10.91% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$11,481 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.04) to $0.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.26 out of 5 stars

Medical Sector

736th out of 909 stocks

Pharmaceutical Preparations Industry

340th out of 423 stocks

ASRT stock logo

About Assertio Stock (NASDAQ:ASRT)

Assertio Holdings, Inc., a commercial pharmaceutical company, provides various products to patients in the United States. Its pharmaceutical products include INDOCIN, an oral and suppository solution for the treatment of moderate to severe rheumatoid arthritis, including acute flares of chronic disease; ankylosing spondylitis and osteoarthritis; and acute painful shoulder and gouty arthritis. It also provides Sympazan, a benzodiazepine for the adjunctive treatment of seizures related with lennox-gastaut syndrome in patients aged two years of age or older; CAMBIA, a non steroidal anti inflammatory drug (NSAID) for the treatment of migraine pain, nausea, photophobia, and phonophobia; Zipsor, a NSAID for relief of mild to moderate pain in adults; SPRIX, a NSAID for the short term management of moderate to moderately severe pain that requires analgesia at the opioid level; Otrexup, a single-dose auto-injector containing a prescription medicine and methotrexate that is used to treat patients with severe, active rheumatoid arthritis, and active polyarticular juvenile idiopathic arthritis, as well as treat adult with severe, recalcitrant, and disabling psoriasis; and ROLVEDON, a long-acting granulocyte colony-stimulating factor that is indicated to decrease the incidence of infection caused by febrile neutropenia. The company was formerly known as Assertio Therapeutics, Inc. and changed its name to Assertio Holdings, Inc. in May 2020. Assertio Holdings, Inc. was incorporated in 2020 and is headquartered in Lake Forest, Illinois.

ASRT Stock Price History

ASRT Stock News Headlines

Sig Kirk Joins Assertio Board of Directors
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Q4 2023 Assertio Holdings Inc Earnings Call
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Recap: Assertio Holdings Q4 Earnings
Assertio: Q4 Earnings Snapshot
ASRT Mar 2024 4.500 call
Assertio Holdings's Earnings: A Preview
Assertio 24 Hour Deadline Alert
Assertio 48 Hour Deadline Alert
Assertio Shareholder Notice
See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
4/24/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ASRT
Employees
53
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.50
High Stock Price Target
$7.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+538.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-331,940,000.00
Net Margins
-218.28%
Pretax Margin
-167.07%

Debt

Sales & Book Value

Annual Sales
$152.07 million
Cash Flow
$0.72 per share
Book Value
$1.46 per share

Miscellaneous

Free Float
87,495,000
Market Cap
$81.93 million
Optionable
Optionable
Beta
0.96
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ASRT Stock Analysis - Frequently Asked Questions

Should I buy or sell Assertio stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Assertio in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ASRT shares.
View ASRT analyst ratings
or view top-rated stocks.

What is Assertio's stock price target for 2024?

1 analysts have issued twelve-month price targets for Assertio's stock. Their ASRT share price targets range from $4.00 to $7.00. On average, they expect the company's stock price to reach $5.50 in the next year. This suggests a possible upside of 538.6% from the stock's current price.
View analysts price targets for ASRT
or view top-rated stocks among Wall Street analysts.

How have ASRT shares performed in 2024?

Assertio's stock was trading at $1.07 on January 1st, 2024. Since then, ASRT shares have decreased by 19.5% and is now trading at $0.8613.
View the best growth stocks for 2024 here
.

When is Assertio's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our ASRT earnings forecast
.

How were Assertio's earnings last quarter?

Assertio Holdings, Inc. (NASDAQ:ASRT) announced its quarterly earnings data on Monday, March, 11th. The company reported $0.08 earnings per share for the quarter. The firm earned $32.99 million during the quarter, compared to the consensus estimate of $31.42 million. Assertio had a positive trailing twelve-month return on equity of 6.30% and a negative net margin of 218.28%.

What guidance has Assertio issued on next quarter's earnings?

Assertio updated its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $110.0 million-$125.0 million, compared to the consensus revenue estimate of $160.6 million.

What other stocks do shareholders of Assertio own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Assertio investors own include Sorrento Therapeutics (SRNE), Actinium Pharmaceuticals (ATNM), T2 Biosystems (TTOO), VBI Vaccines (VBIV), InterDigital (IDCC), Trevena (TRVN), Bionano Genomics (BNGO), Cerecor (CERC) and OPKO Health (OPK).

Who are Assertio's major shareholders?

Assertio's stock is owned by many different retail and institutional investors. Top institutional shareholders include Denali Advisors LLC (0.17%). Insiders that own company stock include Ajay Patel, Daniel A Peisert, Heather L Mason, James L Tyree, Paul Schwichtenberg, Sam Schlessinger and William Mckee.
View institutional ownership trends
.

How do I buy shares of Assertio?

Shares of ASRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ASRT) was last updated on 4/24/2024 by MarketBeat.com Staff

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