NASDAQ:TRML

Tourmaline Bio (TRML) Stock Price, News & Analysis

$14.50
-1.27 (-8.05%)
(As of 05/10/2024 ET)
Today's Range
$14.33
$15.87
50-Day Range
$14.50
$45.64
52-Week Range
$9.18
$48.31
Volume
261,770 shs
Average Volume
445,794 shs
Market Capitalization
$371.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$61.80

Tourmaline Bio MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
326.2% Upside
$61.80 Price Target
Short Interest
Bearish
20.12% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.14mentions of Tourmaline Bio in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($2.90) to ($3.06) 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.

1.65 out of 5 stars

Medical Sector

694th out of 925 stocks

Biological Products, Except Diagnostic Industry

114th out of 154 stocks

TRML stock logo

About Tourmaline Bio Stock (NASDAQ:TRML)

Tourmaline Bio, Inc. operates as a clinical biotechnology company that develops medicines for patients with life-altering immune and inflammatory diseases. It develops TOUR006, a human anti-IL-6 monoclonal antibody that selectively binds to interleukin-6, a key proinflammatory cytokine involved in the pathogenesis of many autoimmune and inflammatory disorders. The company's development pipeline comprises medicines and therapies for the atherosclerotic cardiovascular disease (ASCVD) and thyroid eye disease (TED). The company was formerly known as Tourmaline Bio, LLC and changed its name to Tourmaline Bio, Inc. in September 2022. Tourmaline Bio, Inc. was founded in 2021 and is headquartered in New York, New York.

TRML Stock Price History

TRML Stock News Headlines

Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
TRML Apr 2024 55.000 call
TRML Apr 2024 20.000 put
TRML Apr 2024 35.000 put
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
TRML Apr 2024 50.000 call
Truist Financial Gives a Buy Rating to Tourmaline Bio (TRML)
TRML Mar 2024 60.000 put
TRML Apr 2024 25.000 put
Tourmaline Bio Inc (TRML)
Truist Financial Keeps Their Buy Rating on Tourmaline Bio (TRML)
Tourmaline Bio to Present at Upcoming Investor Conferences
TRML Mar 2024 35.000 call
TRML Sep 2024 30.000 call
TRML Feb 2024 30.000 call
TRML Mar 2024 40.000 put
See More Headlines
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Company Calendar

Last Earnings
3/19/2024
Today
5/11/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:TRML
Previous Symbol
NASDAQ:TRML
Web
N/A
Fax
N/A
Employees
44
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$61.80
High Stock Price Target
$74.00
Low Stock Price Target
$48.00
Potential Upside/Downside
+326.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-42,120,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$10.08 per share

Miscellaneous

Free Float
22,821,000
Market Cap
$371.93 million
Optionable
Optionable
Beta
2.42
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Key Executives

  • Dr. Sandeep C. Kulkarni M.D. (Age 42)
    Co-Founder, CEO & Director
  • Mr. Ryan Robinson CPA
    VP of Finance, Controller & Interim CFO
  • Dr. Susan Dana Jones Ph.D.
    Chief Technology Officer
  • Mr. W. Bradford Middlekauff J.D. (Age 62)
    Chief Business Officer & General Counsel
  • Ms. Kimberly Piorkowski
    Vice President of People, Culture and Compliance
  • Dr. Yung H. Chyung M.D. (Age 47)
    Chief Medical Officer
  • Mr. Ryan Iarrobino
    SVP of Product Development
  • Dr. Kevin B. Johnson M.B.A.
    Ph.D., Chief Regulatory Officer
  • Ms. Dora Rau
    Senior Vice President & Head of Quality
  • Mr. Gerhard Hagn Pharm.D.
    Senior VP and Head of Commercial & Business Development

TRML Stock Analysis - Frequently Asked Questions

Should I buy or sell Tourmaline Bio stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Bio in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TRML shares.
View TRML analyst ratings
or view top-rated stocks.

What is Tourmaline Bio's stock price target for 2024?

6 Wall Street research analysts have issued 12 month price objectives for Tourmaline Bio's shares. Their TRML share price targets range from $48.00 to $74.00. On average, they expect the company's share price to reach $61.80 in the next year. This suggests a possible upside of 326.2% from the stock's current price.
View analysts price targets for TRML
or view top-rated stocks among Wall Street analysts.

How have TRML shares performed in 2024?

Tourmaline Bio's stock was trading at $26.18 at the start of the year. Since then, TRML shares have decreased by 44.6% and is now trading at $14.50.
View the best growth stocks for 2024 here
.

When is Tourmaline Bio's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our TRML earnings forecast
.

How were Tourmaline Bio's earnings last quarter?

Tourmaline Bio, Inc. (NASDAQ:TRML) announced its earnings results on Tuesday, March, 19th. The company reported ($0.81) earnings per share for the quarter, missing analysts' consensus estimates of ($0.75) by $0.06.

Who are Tourmaline Bio's major shareholders?

Tourmaline Bio's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (4.35%), Vanguard Group Inc. (3.57%), Swiss National Bank (0.12%), Denali Advisors LLC (0.02%), China Universal Asset Management Co. Ltd. (0.02%) and BNP Paribas Financial Markets (0.01%). Insiders that own company stock include Aaron Kantoff, Caley Castelein, Mark Mcdade, Parvinder Thiara and Sandeep Chidambar Kulkarni.
View institutional ownership trends
.

How do I buy shares of Tourmaline Bio?

Shares of TRML 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:TRML) was last updated on 5/12/2024 by MarketBeat.com Staff

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