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NASDAQ:CARA

Cara Therapeutics (CARA) Stock Price, News & Analysis

$0.35
-0.09 (-20.45%)
(As of 06/14/2024 ET)
Today's Range
$0.34
$0.46
50-Day Range
$0.35
$0.83
52-Week Range
$0.34
$4.45
Volume
2.14 million shs
Average Volume
471,090 shs
Market Capitalization
$19.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.93

Cara Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1,023.8% Upside
$3.93 Price Target
Short Interest
Healthy
5.05% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.39
Upright™ Environmental Score
News Sentiment
-0.57mentions of Cara Therapeutics in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$5,237 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.23) to ($0.88) 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.

4.24 out of 5 stars

Medical Sector

135th out of 915 stocks

Pharmaceutical Preparations Industry

54th out of 430 stocks

CARA stock logo

About Cara Therapeutics Stock (NASDAQ:CARA)

Cara Therapeutics, Inc., a development-stage biopharmaceutical company, focuses on developing and commercializing therapeutics treatment of chronic pruritus in the United States. The company's lead product is KORSUVA (difelikefalin) injection for the treatment of moderate-to-severe pruritus associated with chronic kidney disease (CKD) in adults undergoing hemodialysis. It also develops Oral difelikefalin, which is in Phase II/III clinical trial to treat chronic pruritus with notalgia paresthetica. The company has license agreements with Maruishi Pharmaceutical Co., Ltd to develop, manufacture, and commercialize drug products containing difelikefalin for acute pain and uremic pruritus in Japan; Vifor Fresenius Medical Care Renal Pharma Ltd. development and commercialization of KORSUVA injection for the treatment of moderate-to-severe pruritus in adult patients undergoing hemodialysis; and Chong Kun Dang Pharmaceutical Corporation to develop, manufacture, and commercialize drug products containing difelikefalin in South Korea. Cara Therapeutics, Inc. was incorporated in 2004 and is based in Stamford, Connecticut.

CARA Stock Price History

CARA Stock News Headlines

Why Is Cara Therapeutics (CARA) Stock Down 27% Today?
Cara Therapeutics (NASDAQ:CARA) Cut to "Hold" at Stifel Nicolaus
Cara: Q1 Earnings Snapshot
Cara Porto-Osborn of Young + Wright Architectural
See More Headlines
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Company Calendar

Last Earnings
5/13/2024
Today
6/15/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CARA
Employees
55
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.93
High Stock Price Target
$12.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+1,023.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-118,510,000.00
Net Margins
-723.49%
Pretax Margin
-723.49%

Debt

Sales & Book Value

Annual Sales
$20.97 million
Book Value
$1.05 per share

Miscellaneous

Free Float
52,981,000
Market Cap
$19.14 million
Optionable
Optionable
Beta
0.79
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CARA Stock Analysis - Frequently Asked Questions

Should I buy or sell Cara Therapeutics stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cara Therapeutics in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CARA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CARA, but not buy additional shares or sell existing shares.
View CARA analyst ratings
or view top-rated stocks.

What is Cara Therapeutics' stock price target for 2024?

6 brokers have issued 1 year price objectives for Cara Therapeutics' shares. Their CARA share price targets range from $1.00 to $12.00. On average, they expect the company's share price to reach $3.93 in the next twelve months. This suggests a possible upside of 1,023.8% from the stock's current price.
View analysts price targets for CARA
or view top-rated stocks among Wall Street analysts.

How have CARA shares performed in 2024?

Cara Therapeutics' stock was trading at $0.7430 at the beginning of the year. Since then, CARA stock has decreased by 52.9% and is now trading at $0.35.
View the best growth stocks for 2024 here
.

Are investors shorting Cara Therapeutics?

Cara Therapeutics saw a decrease in short interest during the month of May. As of May 31st, there was short interest totaling 2,300,000 shares, a decrease of 5.7% from the May 15th total of 2,440,000 shares. Based on an average trading volume of 384,500 shares, the days-to-cover ratio is presently 6.0 days. Approximately 5.1% of the company's stock are sold short.
View Cara Therapeutics' Short Interest
.

When is Cara Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our CARA earnings forecast
.

How were Cara Therapeutics' earnings last quarter?

Cara Therapeutics, Inc. (NASDAQ:CARA) issued its quarterly earnings data on Monday, May, 13th. The biopharmaceutical company reported ($0.56) EPS for the quarter, missing the consensus estimate of ($0.38) by $0.18. The biopharmaceutical company had revenue of $2.14 million for the quarter, compared to analyst estimates of $2.25 million. Cara Therapeutics had a negative net margin of 723.49% and a negative trailing twelve-month return on equity of 174.15%.

What ETF holds Cara Therapeutics' stock?

Amplify Seymour Cannabis ETF holds 68,078 shares of CARA stock, representing 0.15% of its portfolio.

What other stocks do shareholders of Cara Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cara Therapeutics investors own include Lions Gate Entertainment (LGF.A), Zynerba Pharmaceuticals (ZYNE), Puma Biotechnology (PBYI), GW Pharmaceuticals (GWPH), Novavax (NVAX), INSYS Therapeutics (INSY), Fate Therapeutics (FATE) and Incyte (INCY).

Who are Cara Therapeutics' major shareholders?

Cara Therapeutics' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.54%), Rosalind Advisors Inc. (2.83%), Acadian Asset Management LLC (0.61%), Marquette Asset Management LLC (0.17%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Christopher Posner, Derek T Chalmers, Derek T Chalmers, Frederique PhD Menzaghi, Jeffrey L Ives, Joana Goncalves, Martin Vogelbaum, Ryan D Maynard, Scott Terrillion and Thomas Charles Reilly.
View institutional ownership trends
.

How do I buy shares of Cara Therapeutics?

Shares of CARA 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:CARA) was last updated on 6/15/2024 by MarketBeat.com Staff

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