Leap Therapeutics (LPTX) Stock Price, News & Analysis

Company Overview

Leap Therapeutics, Inc., a biopharmaceutical company, acquires and develops antibody therapies for the treatment of cancer. Its lead product candidates include DKN-01, a monoclonal antibody that inhibits Dickkopf-related protein 1, which is in multiple ongoing clinical trials for treating esophagogastric and gynecologic cancers; and FL-301, a monoclonal antibody that targets cells that express Claudin18.2 on their cell surface and is in phase II clinical trial, as well as two preclinical antibody programs, FL-302 and FL-501. Leap Therapeutics, Inc. has an option and license agreement with NovaRock, Adimab, and BeiGene, Ltd. to develop and commercialize DKN-01 in Asia (excluding Japan), Australia, and New Zealand. The company was formerly known as HealthCare Pharmaceuticals, Inc. and changed its name to Leap Therapeutics, Inc. in November 2015. Leap Therapeutics, Inc. was incorporated in 2011 and is based in Cambridge, Massachusetts.

Key Stats

• Today's Range: $2.55 to $2.61
• 50-Day Range: $2.29 to $4.61
• 52-Week Range: $1.68 to $5.00
• Volume: 111,299 shs
• Average Volume: 238,182 shs
• Market Capitalization: $66.56 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.50
• Consensus Rating: Buy

Leap Therapeutics Stock Analysis - MarketRank™

Leap Therapeutics scored higher than 48% of companies evaluated by MarketBeat, and ranked 627th out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Leap Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Leap Therapeutics has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Leap Therapeutics are expected to grow in the coming year, from ($1.84) to ($1.33) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Leap Therapeutics is -1.34, 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 Leap Therapeutics is -1.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Leap Therapeutics has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.54% of the float of Leap Therapeutics has been sold short.

Short Interest Ratio / Days to Cover

Leap Therapeutics has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Leap Therapeutics has recently increased by 39.60%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Leap Therapeutics does not currently pay a dividend.

Dividend Growth

Leap Therapeutics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.54% of the float of Leap Therapeutics has been sold short.

Short Interest Ratio / Days to Cover

Leap Therapeutics has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Leap Therapeutics has recently increased by 39.60%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.24

News Sentiment

Leap Therapeutics has a news sentiment score of 1.24. 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 6 news articles for Leap Therapeutics this week, compared to 1 article on an average week.

Search Interest

3 people have searched for LPTX on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Leap Therapeutics to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Leap Therapeutics insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.40% of the stock of Leap Therapeutics is held by insiders.

Percentage Held by Institutions

Only 30.46% of the stock of Leap Therapeutics is held by institutions.

LPTX Stock Analysis - Frequently Asked Questions

How have LPTX shares performed this year?

Leap Therapeutics' stock was trading at $4.15 on January 1st, 2024. Since then, LPTX stock has decreased by 37.6% and is now trading at $2.59.
View the best growth stocks for 2024 here.

How were Leap Therapeutics' earnings last quarter?

Leap Therapeutics, Inc. (NASDAQ:LPTX) announced its earnings results on Monday, November, 13th. The company reported ($0.51) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.58) by $0.07.

When did Leap Therapeutics' stock split?

Leap Therapeutics shares reverse split on the morning of Wednesday, June 21st 2023. The 1-10 reverse split was announced on Wednesday, June 21st 2023. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, June 21st 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Leap Therapeutics' major shareholders?

Top institutional shareholders of Leap Therapeutics include Simplify Asset Management Inc. (4.13%), Geode Capital Management LLC (1.29%), Key Client Fiduciary Advisors LLC (1.26%) and Acuta Capital Partners LLC (0.47%).
View institutional ownership trends.

How do I buy shares of Leap Therapeutics?

Shares of LPTX 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 Leap Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Leap Therapeutics investors own include NVIDIA (NVDA), Sorrento Therapeutics (SRNE), Meta Platforms (META), Inovio Pharmaceuticals (INO), Dynavax Technologies (DVAX), Vaxart (VXRT) and OPKO Health (OPK).

Company Calendar

• Last Earnings: 11/13/2023
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:LPTX
• CUSIP: N/A
• CIK: 1509745
• Web: www.leaptx.com
• Phone: (617) 714-0360
• Fax: N/A
• Employees: 40
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.50
• High Stock Price Target: $9.00
• Low Stock Price Target: $5.50
• Potential Upside/Downside: +189.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.93)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-81,410,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -116.24%
• Return on Assets: -93.18%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.97
• Quick Ratio: 3.97

Sales & Book Value

• Annual Sales: $1.50 million
• Price / Sales: 44.20
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.35 per share
• Price / Book: 1.10

Miscellaneous

• Outstanding Shares: 25,600,000
• Free Float: 24,218,000
• Market Cap: $66.30 million
• Optionable: Optionable
• Beta: 0.22