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NASDAQ:RYTM

Rhythm Pharmaceuticals (RYTM) Stock Price, News & Analysis

$47.29
+1.19 (+2.58%)
(As of 08/30/2024 08:55 PM ET)
Today's Range
$45.64
$47.40
50-Day Range
$39.87
$53.89
52-Week Range
$20.97
$53.92
Volume
249,000 shs
Average Volume
561,558 shs
Market Capitalization
$2.89 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$55.83

Rhythm Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
18.1% Upside
$55.83 Price Target
Short Interest
Bearish
16.16% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.80
Upright™ Environmental Score
News Sentiment
0.46mentions of Rhythm Pharmaceuticals in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$3.48 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($4.44) to ($2.75) 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.

2.67 out of 5 stars

Medical Sector

463rd out of 928 stocks

Pharmaceutical Preparations Industry

212th out of 437 stocks

RYTM stock logo

About Rhythm Pharmaceuticals Stock (NASDAQ:RYTM)

Rhythm Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the rare neuroendocrine diseases. The company's lead product candidate is IMCIVREE (setmelanotide), a rare melanocortin-4 receptor for the treatment of pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1, leptin receptor (LEPR) deficiency obesity, and Bardet-Biedl and Alström syndrome. It is in Phase 3 clinical trials for treating POMC or LEPR heterozygous deficiency obesities, steroid receptor coactivator 1 deficiency obesity, SH2B1 deficiency obesity, MC4 receptor deficiency obesity, and other MC4R disorders. The company has licensing agreements with LG Chem, Ltd; Ipsen Pharma S.A.S; Camurus; RareStone Group Ltd.; and LG Chem, Ltd. The company was formerly known as Rhythm Metabolic, Inc. and changed its name to Rhythm Pharmaceuticals, Inc. in October 2015. Rhythm Pharmaceuticals, Inc. was founded in 2008 and is headquartered in Boston, Massachusetts.

RYTM Stock Price History

RYTM Stock News Headlines

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Company Calendar

Last Earnings
8/06/2024
Today
9/02/2024
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:RYTM
Employees
140
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$55.83
High Stock Price Target
$79.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+18.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-184,680,000.00
Net Margins
-254.88%
Pretax Margin
-253.57%

Debt

Sales & Book Value

Annual Sales
$77.43 million
Book Value
$0.64 per share

Miscellaneous

Free Float
57,559,000
Market Cap
$2.89 billion
Optionable
Optionable
Beta
2.04
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RYTM Stock Analysis - Frequently Asked Questions

How have RYTM shares performed this year?

Rhythm Pharmaceuticals' stock was trading at $45.97 on January 1st, 2024. Since then, RYTM stock has increased by 2.9% and is now trading at $47.29.
View the best growth stocks for 2024 here
.

How were Rhythm Pharmaceuticals' earnings last quarter?

Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM) issued its quarterly earnings data on Tuesday, August, 6th. The company reported ($0.55) EPS for the quarter, topping analysts' consensus estimates of ($0.71) by $0.16. Rhythm Pharmaceuticals's revenue was up 51.3% on a year-over-year basis.

When did Rhythm Pharmaceuticals IPO?

Rhythm Pharmaceuticals (RYTM) raised $100 million in an initial public offering (IPO) on Thursday, October 5th 2017. The company issued 6,700,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, BofA Merrill Lynch and Cowen served as the underwriters for the IPO and Needham was co-manager.

Who are Rhythm Pharmaceuticals' major shareholders?

Top institutional investors of Rhythm Pharmaceuticals include Primecap Management Co. CA (11.99%), Perceptive Advisors LLC (5.64%), Frazier Life Sciences Management L.P. (3.88%) and Federated Hermes Inc. (2.72%). Insiders that own company stock include David P Meeker, Hunter C Smith, Yann Mazabraud, Pamela J Cramer, William T Roberts, Jennifer Chien, Lynn A Tetrault, Jennifer Kayden Lee, Christopher Paul German and Joseph Shulman.
View institutional ownership trends
.

How do I buy shares of Rhythm Pharmaceuticals?

Shares of RYTM 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 Rhythm Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rhythm Pharmaceuticals investors own include VBI Vaccines (VBIV), Gilead Sciences (GILD), Sorrento Therapeutics (SRNE), Exelixis (EXEL), Viking Therapeutics (VKTX), Amarin (AMRN) and Kadmon (KDMN).

This page (NASDAQ:RYTM) was last updated on 9/2/2024 by MarketBeat.com Staff

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