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NASDAQ:CTMX

CytomX Therapeutics (CTMX) Stock Price, News & Analysis

$1.20
+0.02 (+1.69%)
(As of 09/6/2024 ET)
Today's Range
$1.19
$1.23
50-Day Range
$1.12
$1.51
52-Week Range
$1.04
$5.85
Volume
983,712 shs
Average Volume
3.02 million shs
Market Capitalization
$93.50 million
P/E Ratio
6.00
Dividend Yield
N/A
Price Target
$5.77

CytomX Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
381.0% Upside
$5.77 Price Target
Short Interest
Bearish
10.10% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.74
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$24,677 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.20) to ($0.53) 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.

3.64 out of 5 stars

Medical Sector

222nd out of 910 stocks

Pharmaceutical Preparations Industry

95th out of 426 stocks

CTMX stock logo

About CytomX Therapeutics Stock (NASDAQ:CTMX)

CytomX Therapeutics, Inc., an oncology-focused biopharmaceutical company, focuses on developing novel conditionally activated biologics localized to the tumor microenvironment. The company utilizes conditional activation platform technology for oncology biologics research and development comprising the validation of targets for antibody-drug conjugates (ADCs), opening therapeutic window for novel T-cell engagers (TCEs) targeting solid tumors, and increasing the therapeutic index for immune modulators, such as cytokines; and PROBODY platform in preclinical research in areas outside of oncology. It also develops CX-904, a T-cell-engaging bispecific antibody targeting the epidermal growth factor receptor (EGFR) on tumor cells and the CD3 receptor on T cells; CX-2051, a conditionally activated ADC for optimizing the therapeutic index for EpCAM-expressing epithelial cancers, including colorectal cancer; and CX-801, an interferon alpha-2b PROBODY cytokine. In addition, the company's development pipeline comprises CX-2029, a conditional activated ADC targeting CD71; and BMS-986288, a PROBODY version of non-fucosylated ipilimumab. It has strategic collaborations with Amgen, Astellas, Bristol Myers Squibb, Regeneron, and Moderna. CytomX Therapeutics, Inc. was founded in 2008 and is headquartered in South San Francisco, California.

CTMX Stock Price History

CTMX Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
CytomX Therapeutics Inc.
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:CTMX
Employees
170
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.77
High Stock Price Target
$8.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+381.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-570,000.00
Pretax Margin
12.61%

Debt

Sales & Book Value

Annual Sales
$119.57 million
Book Value
($0.40) per share

Miscellaneous

Free Float
72,465,000
Market Cap
$93.50 million
Optionable
Optionable
Beta
1.06
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CTMX Stock Analysis - Frequently Asked Questions

How have CTMX shares performed this year?

CytomX Therapeutics' stock was trading at $1.55 at the start of the year. Since then, CTMX shares have decreased by 22.6% and is now trading at $1.20.
View the best growth stocks for 2024 here
.

How were CytomX Therapeutics' earnings last quarter?

CytomX Therapeutics, Inc. (NASDAQ:CTMX) released its earnings results on Thursday, August, 8th. The biotechnology company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.01. The biotechnology company earned $25.12 million during the quarter, compared to analyst estimates of $21.79 million. CytomX Therapeutics had a net margin of 9.27% and a negative trailing twelve-month return on equity of 27.44%.

What is Sean A McCarthy's approval rating as CytomX Therapeutics' CEO?

12 employees have rated CytomX Therapeutics Chief Executive Officer Sean A McCarthy on Glassdoor.com. Sean A McCarthy has an approval rating of 65% among the company's employees. 80.0% of employees surveyed would recommend working at CytomX Therapeutics to a friend.

Who are CytomX Therapeutics' major shareholders?

CytomX Therapeutics' top institutional shareholders include Acadian Asset Management LLC (3.50%), Assenagon Asset Management S.A. (1.59%), Renaissance Technologies LLC (1.52%) and Congress Park Capital LLC (1.48%). Insiders that own company stock include Sean A Mccarthy, Marcia Belvin, Jeffrey B Landau, Lloyd A Rowland, Christopher Ogden, Amy C Peterson, Carlos Campoy and Elaine V Jones.
View institutional ownership trends
.

How do I buy shares of CytomX Therapeutics?

Shares of CTMX 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 CytomX Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CytomX Therapeutics investors own include Gilead Sciences (GILD), Exelixis (EXEL), AbbVie (ABBV), Inovio Pharmaceuticals (INO), Corbus Pharmaceuticals (CRBP), Pfizer (PFE) and SCYNEXIS (SCYX).

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

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