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NASDAQ:CLSD

Clearside Biomedical (CLSD) Stock Price, News & Analysis

Clearside Biomedical logo
$1.05 +0.02 (+1.94%)
(As of 11/20/2024 ET)

About Clearside Biomedical Stock (NASDAQ:CLSD)

Key Stats

Today's Range
$1.03
$1.07
50-Day Range
$0.99
$1.58
52-Week Range
$0.92
$2.12
Volume
170,553 shs
Average Volume
322,612 shs
Market Capitalization
$79.63 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.33
Consensus Rating
Buy

Company Overview

Clearside Biomedical, Inc., a biopharmaceutical company, focuses on the revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space. It offers XIPERE, a triamcinolone acetonide suprachoroidal injectable suspension for the treatment of uveitis macular edema. It also develops CLS-AX, an axitinib injectable suspension for suprachoroidal injection, which is in Phase IIb clinical trial to treat wet AMD. The company has a collaboration with Bausch Health, Arctic Vision, REGENXBIO, Inc., BioCryst Pharmaceuticals, Inc., and Aura Biosciences. Clearside Biomedical, Inc. was incorporated in 2011 and is headquartered in Alpharetta, Georgia.

Clearside Biomedical Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
60th Percentile Overall Score

CLSD MarketRank™: 

Clearside Biomedical scored higher than 60% of companies evaluated by MarketBeat, and ranked 449th out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Clearside Biomedical has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Clearside Biomedical has only been the subject of 3 research reports in the past 90 days.

  • Read more about Clearside Biomedical's stock forecast and price target.
  • Earnings Growth

    Earnings for Clearside Biomedical are expected to decrease in the coming year, from ($0.48) to ($0.50) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Clearside Biomedical is -2.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Clearside Biomedical is -2.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Clearside Biomedical's valuation and earnings.
  • Percentage of Shares Shorted

    2.32% of the outstanding shares of Clearside Biomedical have been sold short.
  • Short Interest Ratio / Days to Cover

    Clearside Biomedical has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Clearside Biomedical has recently decreased by 9.74%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Clearside Biomedical does not currently pay a dividend.

  • Dividend Growth

    Clearside Biomedical does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.32% of the outstanding shares of Clearside Biomedical have been sold short.
  • Short Interest Ratio / Days to Cover

    Clearside Biomedical has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Clearside Biomedical has recently decreased by 9.74%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Clearside Biomedical has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Clearside Biomedical this week, compared to 2 articles on an average week.
  • Search Interest

    Only 8 people have searched for CLSD on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Clearside Biomedical to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Clearside Biomedical insiders have bought more of their company's stock than they have sold. Specifically, they have bought $36,500.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 9.20% of the stock of Clearside Biomedical is held by insiders.

  • Percentage Held by Institutions

    Only 18.75% of the stock of Clearside Biomedical is held by institutions.

  • Read more about Clearside Biomedical's insider trading history.
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CLSD Stock News Headlines

StockNews.com Upgrades Clearside Biomedical (NASDAQ:CLSD) to "Hold"
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Oppenheimer Keeps Their Buy Rating on Clearside Biomedical (CLSD)
Clearside Biomedical Reports Positive Q3 2024 Results
See More Headlines

CLSD Stock Analysis - Frequently Asked Questions

Clearside Biomedical's stock was trading at $1.17 at the beginning of the year. Since then, CLSD shares have decreased by 10.3% and is now trading at $1.05.
View the best growth stocks for 2024 here
.

Clearside Biomedical, Inc. (NASDAQ:CLSD) posted its quarterly earnings data on Tuesday, November, 12th. The company reported ($0.10) EPS for the quarter, topping analysts' consensus estimates of ($0.14) by $0.04. The business earned $1.04 million during the quarter, compared to analysts' expectations of $0.25 million.

Clearside Biomedical (CLSD) raised $50 million in an initial public offering (IPO) on Thursday, June 2nd 2016. The company issued 7,200,000 shares at $7.00 per share. Cowen and Company and Stifel acted as the underwriters for the IPO and Needham & Company, Wedbush PacGrow was co-manager.

Top institutional shareholders of Clearside Biomedical include Geode Capital Management LLC (0.96%), Assenagon Asset Management S.A. (0.34%), Rosalind Advisors Inc. (0.17%) and Johnson & Johnson (0.11%). Insiders that own company stock include Bradford T Whitmore, George M Lasezkay, Charles A Deignan, Thomas Ciulla, Ngai Hang Victor Chong and Benjamin R Yerxa.
View institutional ownership trends
.

Shares of CLSD 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Clearside Biomedical investors own include Northwest Biotherapeutics (NWBO), Ocular Therapeutix (OCUL), Melinta Therapeutics (MLNT), NVIDIA (NVDA), T2 Biosystems (TTOO), Advanced Micro Devices (AMD) and (ZLTQ) (ZLTQ).

Company Calendar

Last Earnings
11/12/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/11/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:CLSD
Employees
30
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.33
High Stock Price Target
$6.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+407.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-32,490,000.00
Net Margins
-413.83%
Pretax Margin
-413.83%

Debt

Sales & Book Value

Annual Sales
$8.23 million
Book Value
($0.25) per share

Miscellaneous

Free Float
68,866,000
Market Cap
$79.63 million
Optionable
Optionable
Beta
2.33

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This page (NASDAQ:CLSD) was last updated on 11/21/2024 by MarketBeat.com Staff
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