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Crinetics Pharmaceuticals (CRNX) Stock Price, News & Analysis

$50.39
-0.59 (-1.16%)
(As of 09/6/2024 ET)
Today's Range
$49.67
$51.66
50-Day Range
$43.83
$54.98
52-Week Range
$15.76
$55.78
Volume
597,270 shs
Average Volume
793,252 shs
Market Capitalization
$3.97 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$64.75

Crinetics Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
28.5% Upside
$64.75 Price Target
Short Interest
Bearish
8.20% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
1.03mentions of Crinetics Pharmaceuticals in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$8.34 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($3.72) to ($3.86) 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.

3.52 out of 5 stars

Medical Sector

246th out of 910 stocks

Pharmaceutical Preparations Industry

106th out of 426 stocks

CRNX stock logo

About Crinetics Pharmaceuticals Stock (NASDAQ:CRNX)

Crinetics Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company's lead product candidate is paltusotine, an oral selective nonpeptide somatostatin receptor type 2 agonist, which is in Phase 3 trial for the treatment of acromegaly; and Phase 2 trial for treating carcinoid syndrome associated with neuroendocrine tumors. It is also developing CRN04894, an investigational oral nonpeptide product candidate to antagonize the adrenocorticotrophic hormone (ACTH) receptor that has completed a Phase 1 study for the treatment of diseases caused by excess ACTH, including congenital adrenal hyperplasia and Cushing's disease. In addition, the company is developing antagonists of the parathyroid hormone (PTH) receptor for the treatment of primary hyperparathyroidism and humoral hypercalcemia of malignancy, and other diseases of excess PTH; identified investigational orally available somatostatin receptor type 3 targeted nonpeptide agonists for the treatment of autosomal dominant polycystic kidney disease; and developing thyroid-stimulating hormone receptor antagonists for the treatment of graves' disease and thyroid eye disease, as well as Oral GLP-1 and GIP nonpeptides for the treatment of diabetes and obesity. Crinetics Pharmaceuticals, Inc. was incorporated in 2008 and is headquartered in San Diego, California.

CRNX Stock Price History

CRNX Stock News Headlines

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Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:CRNX
Fax
N/A
Employees
210
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$64.75
High Stock Price Target
$97.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+28.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$-214,530,000.00
Pretax Margin
-18,257.91%

Debt

Sales & Book Value

Annual Sales
$1.39 million
Book Value
$10.38 per share

Miscellaneous

Free Float
74,128,000
Market Cap
$3.97 billion
Optionable
Optionable
Beta
0.63
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Key Executives

  • Dr. R. Scott Struthers Ph.D. (Age 61)
    Founder, President, CEO & Director
    Comp: $978.34k
  • Dr. Stephen F. Betz Ph.D. (Age 58)
    Founder & Chief Scientific Officer
    Comp: $672.66k
  • Mr. Marc J. C. Wilson (Age 45)
    Chief Financial Officer
    Comp: $642.25k
  • Mr. Jeff E. Knight (Age 53)
    Chief Operating Officer
    Comp: $657.31k
  • Dr. Alan S. Krasner M.D. (Age 61)
    Chief Endocrinologist
    Comp: $653.92k
  • Mr. James Hassard (Age 58)
    Chief Commercial Officer
    Comp: $623.5k
  • Ms. Garlan Adams
    General Counsel & Corporate Secretary
  • Ms. Adriana Cabre M.B.A.
    Chief Human Resources Officer
  • Mr. Kevin Capps
    Head of Intellectual Property
  • Mr. Chris Robillard M.B.A.
    Chief Business Officer

CRNX Stock Analysis - Frequently Asked Questions

How have CRNX shares performed this year?

Crinetics Pharmaceuticals' stock was trading at $35.58 at the start of the year. Since then, CRNX shares have increased by 41.6% and is now trading at $50.39.
View the best growth stocks for 2024 here
.

How were Crinetics Pharmaceuticals' earnings last quarter?

Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) issued its quarterly earnings data on Thursday, August, 8th. The company reported ($0.94) earnings per share for the quarter, missing the consensus estimate of ($0.86) by $0.08. The firm's quarterly revenue was down 59.6% on a year-over-year basis.

What is R. Scott Struthers, Ph.D.'s approval rating as Crinetics Pharmaceuticals' CEO?

6 employees have rated Crinetics Pharmaceuticals Chief Executive Officer R. Scott Struthers, Ph.D. on Glassdoor.com. R. Scott Struthers, Ph.D. has an approval rating of 100% among the company's employees. This puts R. Scott Struthers, Ph.D. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 68.0% of employees surveyed would recommend working at Crinetics Pharmaceuticals to a friend.

When did Crinetics Pharmaceuticals IPO?

Crinetics Pharmaceuticals (CRNX) raised $80 million in an initial public offering on Wednesday, July 18th 2018. The company issued 5,000,000 shares at a price of $15.00-$17.00 per share. J.P. Morgan, Leerink Partners and Piper Jaffray served as the underwriters for the IPO.

Who are Crinetics Pharmaceuticals' major shareholders?

Top institutional investors of Crinetics Pharmaceuticals include Driehaus Capital Management LLC (7.75%), Point72 Asset Management L.P. (3.53%), Point72 Asset Management L.P. (3.53%) and First Light Asset Management LLC (1.52%). Insiders that own company stock include Perceptive Advisors Llc, Richard Scott Struthers, Marc Wilson, Stephen F Betz, Jeff E Knight, Alan Seth Krasner, Dana Pizzuti, Matthew K Fust, Coelho Rogerio Vivaldi and Ajay Madan.
View institutional ownership trends
.

How do I buy shares of Crinetics Pharmaceuticals?

Shares of CRNX 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 Crinetics Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Crinetics Pharmaceuticals investors own include SCYNEXIS (SCYX), Sorrento Therapeutics (SRNE), Aldeyra Therapeutics (ALDX), G1 Therapeutics (GTHX), Kura Oncology (KURA), Otonomy (OTIC) and Selecta Biosciences (SELB).

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

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