NYSE:GKOS - Glaukos Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$67.23 -1.61 (-2.34 %)
(As of 05/20/2019 06:00 AM ET)
Previous Close$67.23
Today's Range$66.96 - $69.64
52-Week Range$34.00 - $83.14
Volume442,938 shs
Average Volume418,747 shs
Market Capitalization$2.45 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.54
Glaukos Corporation, an ophthalmic medical technology and pharmaceutical company, focuses on the development and commercialization of surgical devices and sustained pharmaceutical therapies designed to treat glaucoma. It offers iStent, a micro-bypass stent for insertion in conjunction with cataract surgery for the reduction of intraocular pressure in adult patients with mild-to-moderate open-angle glaucoma; and iStent inject trabecular micro-bypass stent that allows the surgeon to inject stents into various trabecular meshwork locations through a single corneal entry for the reduction of intraocular pressure in mild-to-moderate open-angle glaucoma in combination with cataract surgery. The company's product pipeline includes iStent Infinite trabecular micro-bypass system, which is used as a standalone procedure in patients with refractory glaucoma; iStent Supra suprachoroidal micro-bypass stent that is designed to reduce intraocular pressure by accessing the suprachoroidal space in the eye; iStent SA trabecular micro-bypass system, a two-stent product, which uses a different auto-injection inserter designed for use in a standalone procedure; and iDose, a targeted injectable drug delivery implant that is designed to be pre-loaded into a small gauge needle and injected into the eye through a self-sealing corneal needle penetration. The company markets its products through direct sales force in the United States and other 16 countries, as well as through distribution partners in Europe, the Asia Pacific, Latin America, and internationally. Glaukos Corporation was founded in 1998 and is headquartered in San Clemente, California.

Receive GKOS News and Ratings via Email

Sign-up to receive the latest news and ratings for GKOS and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
CUSIPN/A
Phone949-367-9600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$181.28 million
Book Value$5.10 per share

Profitability

Net Income$-12,950,000.00

Miscellaneous

Employees437
Market Cap$2.45 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

Glaukos (NYSE:GKOS) Frequently Asked Questions

What is Glaukos' stock symbol?

Glaukos trades on the New York Stock Exchange (NYSE) under the ticker symbol "GKOS."

How were Glaukos' earnings last quarter?

Glaukos Corp (NYSE:GKOS) issued its quarterly earnings data on Wednesday, May, 8th. The medical instruments supplier reported ($0.04) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.12) by $0.08. The medical instruments supplier earned $54.03 million during the quarter, compared to analyst estimates of $50.13 million. Glaukos had a negative net margin of 5.93% and a negative return on equity of 6.90%. View Glaukos' Earnings History.

When is Glaukos' next earnings date?

Glaukos is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Glaukos.

What price target have analysts set for GKOS?

8 brokers have issued 1-year price objectives for Glaukos' shares. Their predictions range from $57.00 to $80.00. On average, they anticipate Glaukos' stock price to reach $71.3775 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Price Targets for Glaukos.

What is the consensus analysts' recommendation for Glaukos?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glaukos in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Glaukos.

What are Wall Street analysts saying about Glaukos stock?

Here are some recent quotes from research analysts about Glaukos stock:
  • 1. BTIG Research analysts commented, "We maintain our Neutral rating on GKOS shares following a solid 1Q19 beat. Largely expected, GKOS delivered rev. of $54.0M vs. BTIG/Street est. of $49.7M/$50.2M as iStent inject conversions and OUS strength drove upside while competitive trialing was modest (below mgmt.’s initial expectations). CyPass share gains continue to buoy US results (we est. $9M-$10M/qtr.) Current business execution, market dynamics, and pricing all appear to be in-line to slightly better than originally guided with no material change to pipeline timelines. Against a ~$4M beat, mgmt. moved the lower-end of guidance up $5M (+$2.5M at the midpoint), sticking with a conservative (but optimistic) tone through the balance of the year. Mgmt. remains cautious around an increase in competitive trialing within the US combined with continued OUS challenges in the UK stemming from reimbursement cuts." (5/10/2019)
  • 2. According to Zacks Investment Research, "Glaukos outperformed the industry in a year’s time. Moreover, the company issued guidance for 2019. In the past year, Glaukos made significant progress on the regulatory front and commenced the U.S. commercial launch of iStent Inject. Also, it initiated patient enrolment of key U.S. pivotal clinical studies for iDose Travoprost and iStent Infinite. Through continued investment and a new pharmaceutical development agreement with D. Western Therapeutic Institute Glaukos expanded its pharmaceutical capabilities. A strong pipeline is indicative of brighter prospects ahead. Nonetheless, Glaukos faces cutthroat competition in the Medical Devices space. Further, an overtly stringent regulatory-approval process for the iDose platform is concerning. The stock looks a bit expensive at the moment." (4/30/2019)

Has Glaukos been receiving favorable news coverage?

Headlines about GKOS stock have trended neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Glaukos earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned news stories about the medical instruments supplier a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are some of Glaukos' key competitors?

What other stocks do shareholders of Glaukos own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Glaukos investors own include PTC Therapeutics (PTCT), Alibaba Group (BABA), Baidu (BIDU), Micron Technology (MU), NVIDIA (NVDA), Paypal (PYPL), Caterpillar (CAT), Boeing (BA), AT&T (T) and Twilio (TWLO).

Who are Glaukos' key executives?

Glaukos' management team includes the folowing people:
  • Mr. Thomas William Burns, CEO, Pres & Director (Age 58)
  • Mr. Joseph E. Gilliam, CFO & Sr. VP of Corp. Devel. (Age 43)
  • Mr. Chris M. Calcaterra, Chief Operating Officer (Age 59)
  • Mr. Richard L. Harrison, Advisor (Age 62)
  • Dr. Mory Gharib Ph.D., Co-Founder

When did Glaukos IPO?

(GKOS) raised $76 million in an initial public offering on Thursday, June 25th 2015. The company issued 5,400,000 shares at $13.00-$15.00 per share. J.P. Morgan, BofA Merrill Lynch and Goldman Sachs served as the underwriters for the IPO and William Blair and Cantor Fitzgerald were co-managers.

Who are Glaukos' major shareholders?

Glaukos' stock is owned by a number of of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (6.77%), BlackRock Inc. (6.77%), FMR LLC (4.89%), Baillie Gifford & Co. (4.83%), Gilder Gagnon Howe & Co. LLC (3.42%) and Janus Henderson Group PLC (2.95%). Company insiders that own Glaukos stock include Chris M Calcaterra, Gilbert H Kliman, Jonathan Silverstein, Joseph E Gilliam, Orbimed Advisors Llc, Thomas William Burns and William J Phd Link. View Institutional Ownership Trends for Glaukos.

Which major investors are selling Glaukos stock?

GKOS stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, FMR LLC, Morgan Stanley, Jennison Associates LLC, BlackRock Inc., Renaissance Technologies LLC, Peregrine Capital Management LLC and Lombard Odier Asset Management USA Corp. Company insiders that have sold Glaukos company stock in the last year include Chris M Calcaterra, Gilbert H Kliman, Joseph E Gilliam, Thomas William Burns and William J Phd Link. View Insider Buying and Selling for Glaukos.

Which major investors are buying Glaukos stock?

GKOS stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Amundi Pioneer Asset Management Inc., State of Wisconsin Investment Board, Granite Investment Partners LLC, Timpani Capital Management LLC, Man Group plc, Baillie Gifford & Co. and Laurion Capital Management LP. View Insider Buying and Selling for Glaukos.

How do I buy shares of Glaukos?

Shares of GKOS 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 Glaukos' stock price today?

One share of GKOS stock can currently be purchased for approximately $67.23.

How big of a company is Glaukos?

Glaukos has a market capitalization of $2.45 billion and generates $181.28 million in revenue each year. The medical instruments supplier earns $-12,950,000.00 in net income (profit) each year or ($0.37) on an earnings per share basis. Glaukos employs 437 workers across the globe.

What is Glaukos' official website?

The official website for Glaukos is http://www.glaukos.com.

How can I contact Glaukos?

Glaukos' mailing address is 229 AVENIDA FABRICANTE, SAN CLEMENTE CA, 92672. The medical instruments supplier can be reached via phone at 949-367-9600 or via email at [email protected]


MarketBeat Community Rating for Glaukos (NYSE GKOS)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  314 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  535
MarketBeat's community ratings are surveys of what our community members think about Glaukos and other stocks. Vote "Outperform" if you believe GKOS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GKOS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel