Free Trial
NASDAQ:PTGX

Protagonist Therapeutics (PTGX) Stock Price, News & Analysis

$41.50
-0.52 (-1.24%)
(As of 09/6/2024 ET)
Today's Range
$41.38
$42.60
50-Day Range
$33.72
$42.89
52-Week Range
$13.72
$43.76
Volume
475,572 shs
Average Volume
766,118 shs
Market Capitalization
$2.43 billion
P/E Ratio
17.01
Dividend Yield
N/A
Price Target
$42.80

Protagonist Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.1% Upside
$42.80 Price Target
Short Interest
Bearish
5.29% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$1.83 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From $2.07 to ($1.27) 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.

0.80 out of 5 stars

Medical Sector

812th out of 910 stocks

Pharmaceutical Preparations Industry

374th out of 426 stocks

PTGX stock logo

About Protagonist Therapeutics Stock (NASDAQ:PTGX)

Protagonist Therapeutics, Inc., a biopharmaceutical company, develops peptide-based drugs for hematology and blood disorders, and inflammatory and immunomodulatory diseases. It is developing Rusfertide (PTG-300), an injectable hepcidin mimetic that completed phase 2 clinical trials for the treatment of polycythemia vera and other blood disorders; and JNJ-2113, an orally delivered investigational drug to block biological pathways that completed phase 2b clinical trials for the treatment of moderate-to-severe plaque psoriasis; and PN-943, an orally delivered, gut-restricted alpha 4 beta 7 specific integrin antagonist completed a phase 2 clinical trials in patients with moderate to severe ulcerative colitis. The company has a license and collaboration agreement with Takeda to commercialize rusfertide; and JNJ Innovative Medicines to co-develop Interleukin-23 receptor antagonist compound JNJ-2113. Protagonist Therapeutics, Inc. was incorporated in 2006 and is headquartered in Newark, California.

PTGX Stock Price History

PTGX Stock News Headlines

PTGX Sep 2024 35.000 put
PTGX Sep 2024 35.000 put (PTGX240920P00035000)
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
NASDAQ to crash 50%?
During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...
The 3 Best Biotech Stocks to Buy in June 2024
Protagonist Therapeutics Inc.
Protagonist Therapeutics Inc
See More Headlines
Receive PTGX Stock News and Ratings via Email

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

Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:PTGX
Fax
N/A
Employees
120
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$42.80
High Stock Price Target
$51.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+3.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-78,960,000.00
Pretax Margin
54.09%

Debt

Sales & Book Value

Annual Sales
$319.12 million
Book Value
$5.84 per share

Miscellaneous

Free Float
55,485,000
Market Cap
$2.43 billion
Optionable
Optionable
Beta
2.17
7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

Key Executives

  • Dr. Dinesh V. Patel Ph.D. (Age 67)
    CEO, President, Secretary & Director
    Comp: $883.46k
  • Dr. Suneel K. Gupta Ph.D. (Age 65)
    Chief Development Officer
    Comp: $640.89k
  • Dr. Mark Smythe Ph.D. (Age 59)
    Founder & VP Technology
  • Mr. Asif Ali (Age 50)
    Executive VP & Chief Financial Officer
  • Mr. Mohammad Masjedizadeh Ph.D.
    Executive VP & Chief Technical Officer
  • Mr. Matthew M. Gosling (Age 53)
    Executive VP & General Counsel
  • Ms. Carena Spivey
    Head of HR & Senior VP of Human Resources
  • Dr. Ashok Bhandari Ph.D. (Age 60)
    Executive VP & Chief Drug Discovery and Preclinical Development Officer
  • Mr. Carter J. King (Age 53)
    Executive Vice President of Business Development
  • Ms. Abha Bommireddi
    Executive Vice President of Portfolio & Program Management

PTGX Stock Analysis - Frequently Asked Questions

How have PTGX shares performed this year?

Protagonist Therapeutics' stock was trading at $22.93 at the start of the year. Since then, PTGX shares have increased by 81.0% and is now trading at $41.50.
View the best growth stocks for 2024 here
.

How were Protagonist Therapeutics' earnings last quarter?

Protagonist Therapeutics, Inc. (NASDAQ:PTGX) issued its quarterly earnings data on Tuesday, August, 6th. The company reported ($0.50) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.50). The firm earned $4.17 million during the quarter, compared to analysts' expectations of $40 million.

When did Protagonist Therapeutics IPO?

Protagonist Therapeutics (PTGX) raised $70 million in an IPO on Thursday, August 11th 2016. The company issued 5,800,000 shares at a price of $11.00-$13.00 per share. Leerink Partners, Barclays and BMO Capital Markets acted as the underwriters for the IPO.

Who are Protagonist Therapeutics' major shareholders?

Top institutional shareholders of Protagonist Therapeutics include Farallon Capital Management LLC (9.92%), Perceptive Advisors LLC (2.15%), Cowen AND Company LLC (2.02%) and Millennium Management LLC (1.63%). Insiders that own company stock include Dinesh V Ph D Patel, Suneel Gupta and Asif Ali.
View institutional ownership trends
.

How do I buy shares of Protagonist Therapeutics?

Shares of PTGX 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 Protagonist Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Protagonist Therapeutics investors own include VBI Vaccines (VBIV), Viking Therapeutics (VKTX), ImmunoGen (IMGN), SCYNEXIS (SCYX), Energy Transfer (ET), Strongbridge Biopharma (SBBP) and Verastem (VSTM).

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

From Our Partners