Free Trial
NASDAQ:ARQT

Arcutis Biotherapeutics (ARQT) Stock Price, News & Analysis

$10.36
-0.47 (-4.34%)
(As of 09/6/2024 ET)
Today's Range
$10.18
$10.96
50-Day Range
$8.32
$11.00
52-Week Range
$1.76
$13.17
Volume
1.73 million shs
Average Volume
3.59 million shs
Market Capitalization
$1.20 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.33

Arcutis Biotherapeutics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
28.7% Upside
$13.33 Price Target
Short Interest
Bearish
20.56% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.39mentions of Arcutis Biotherapeutics in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$360,910 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.56) to ($1.18) 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.

1.20 out of 5 stars

Medical Sector

721st out of 910 stocks

Pharmaceutical Preparations Industry

340th out of 426 stocks

ARQT stock logo

About Arcutis Biotherapeutics Stock (NASDAQ:ARQT)

Arcutis Biotherapeutics, Inc., a biopharmaceutical company, focuses on developing and commercializing treatments for dermatological diseases. Its lead product candidate is ARQ-151, a topical roflumilast cream that has completed Phase III clinical trials for the treatment of plaque psoriasis and atopic dermatitis. The company is also developing ARQ-154, a topical ZORYVE for the treatment of scalp and body psoriasis and seborrheic dermatitis; ARQ-252, a selective topical janus kinase type 1 inhibitor for hand eczema and vitiligo; ARQ-255, a topical JAK1 inhibitor for alopecia areata; and ARQ-234, a CD200R fusion protein for the treatment of moderate-to-severe atopic dermatitis. The company was formerly known as Arcutis, Inc. and changed its name to Arcutis Biotherapeutics, Inc. in October 2019. Arcutis Biotherapeutics, Inc. was incorporated in 2016 and is headquartered in Westlake Village, California.

ARQT Stock Price History

ARQT Stock News Headlines

Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Arcutis Biotherapeutics Rings the Opening Bell
Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) Short Interest Update
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Q2 2024 Arcutis Biotherapeutics Inc Earnings Call
See More Headlines
Receive ARQT Stock News and Ratings via Email

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

Company Calendar

Last Earnings
8/14/2024
Today
9/07/2024
Next Earnings (Estimated)
11/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:ARQT
Fax
N/A
Employees
150
Year Founded
2016

Price Target and Rating

Average Stock Price Target
$13.33
High Stock Price Target
$18.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+28.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$-262,140,000.00
Net Margins
-150.51%
Pretax Margin
-147.90%

Debt

Sales & Book Value

Annual Sales
$132.06 million
Book Value
$1.59 per share

Miscellaneous

Free Float
104,766,000
Market Cap
$1.20 billion
Optionable
Optionable
Beta
1.18

Social Links

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Key Executives

  • Mr. Todd Franklin Watanabe M.A.Mr. Todd Franklin Watanabe M.A. (Age 56)
    President, CEO & Director
    Comp: $1.01M
  • Dr. Bhaskar Chaudhuri Ph.D. (Age 69)
    Co-Founder & Independent Director
    Comp: $60.83k
  • Dr. Patrick E. Burnett M.D. (Age 52)
    Ph.D., Senior VP & Chief Medical Officer
    Comp: $722.94k
  • Mr. L. Todd Edwards (Age 60)
    Senior VP & Chief Commercial Officer
    Comp: $755.64k
  • Mr. David J. Topper (Age 66)
    Senior VP & Chief Financial Officer
  • Mr. Rajvir Madan
    Chief Digital & Technology Officer
  • Ms. Latha Vairavan
    Vice President of Finance & Investor Relations
  • Ms. Courtney Barton (Age 41)
    VP and Chief Compliance Officer & Privacy Officer
  • Mr. Masaru Matsuda Esq. (Age 53)
    J.D., Senior VP, General Counsel & Corporate Secretary
    Comp: $626.22k
  • Ms. Amanda Sheldon
    Head of Corporate Communications

ARQT Stock Analysis - Frequently Asked Questions

How have ARQT shares performed this year?

Arcutis Biotherapeutics' stock was trading at $3.23 at the beginning of the year. Since then, ARQT stock has increased by 220.7% and is now trading at $10.36.
View the best growth stocks for 2024 here
.

How were Arcutis Biotherapeutics' earnings last quarter?

Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) posted its quarterly earnings data on Wednesday, August, 14th. The company reported ($0.42) earnings per share for the quarter, beating analysts' consensus estimates of ($0.48) by $0.06. The firm earned $30.86 million during the quarter, compared to analyst estimates of $31 million. Arcutis Biotherapeutics had a negative net margin of 150.51% and a negative trailing twelve-month return on equity of 145.41%.

When did Arcutis Biotherapeutics IPO?

Arcutis Biotherapeutics (ARQT) raised $125 million in an IPO on Friday, January 31st 2020. The company issued 7,800,000 shares at $15.00-$17.00 per share. Goldman Sachs, Cowen and Guggenheim Securities served as the underwriters for the IPO and Cantor was co-manager.

Who are Arcutis Biotherapeutics' major shareholders?

Top institutional investors of Arcutis Biotherapeutics include Rubric Capital Management LP (8.48%), Ensign Peak Advisors Inc (1.84%), Perceptive Advisors LLC (1.35%) and Candriam S.C.A. (1.13%). Insiders that own company stock include Life Sciences Viii L Frazier, Orbimed Advisors Llc, Todd Franklin Watanabe, David W Osborne, Patrick Burnett, Howard G Welgus, Masaru Matsuda, Larry Todd Edwards, Patricia A Turney and Scott L Burrows.
View institutional ownership trends
.

How do I buy shares of Arcutis Biotherapeutics?

Shares of ARQT 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.

What other stocks do shareholders of Arcutis Biotherapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Arcutis Biotherapeutics investors own include Black Diamond Therapeutics (BDTX), Pfizer (PFE), Akero Therapeutics (AKRO), Advanced Micro Devices (AMD), Applied Therapeutics (APLT), Aptinyx (APTX) and BioNTech (BNTX).

This page (NASDAQ:ARQT) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners