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NASDAQ:PTGX

Protagonist Therapeutics (PTGX) Stock Price, News & Analysis

$34.59
-0.61 (-1.73%)
(As of 07/2/2024 ET)
Today's Range
$34.31
$35.90
50-Day Range
$24.66
$35.20
52-Week Range
$13.72
$35.96
Volume
12.52 million shs
Average Volume
803,719 shs
Market Capitalization
$2.03 billion
P/E Ratio
14.18
Dividend Yield
N/A
Price Target
$38.00

Protagonist Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
9.9% Upside
$38.00 Price Target
Short Interest
Healthy
5.32% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.32mentions of Protagonist Therapeutics in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.54 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From $2.28 to ($0.85) 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.

1.24 out of 5 stars

Medical Sector

733rd out of 914 stocks

Pharmaceutical Preparations Industry

339th out of 433 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

Financial markets news icon
Nike, Kura Sushi fall; Infinera, Protagonist Therapeutics rise, Friday, 6/28/2024
Stocks that are trading heavily or have substantial price changes on Friday: Nike, Kura Sushi fall; Infinera, Protagonist Therapeutics rise
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Protagonist Therapeutics Inc.
Protagonist Therapeutics Inc
Protagonist Therapeutics, Inc. (PTGX)
Protagonist Therapeutics Inc CEO Sells 25,000 Shares
PTGX Apr 2024 15.000 call
PTGX Apr 2024 30.000 put
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/02/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:PTGX
Fax
N/A
Employees
112
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$38.00
High Stock Price Target
$45.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+9.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-78,960,000.00
Pretax Margin
52.53%

Debt

Sales & Book Value

Annual Sales
$60 million
Book Value
$5.84 per share

Miscellaneous

Free Float
55,485,000
Market Cap
$2.03 billion
Optionable
Optionable
Beta
2.13
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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

Should I buy or sell Protagonist Therapeutics stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Protagonist Therapeutics in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PTGX shares.
View PTGX analyst ratings
or view top-rated stocks.

What is Protagonist Therapeutics' stock price target for 2024?

4 brokers have issued twelve-month price targets for Protagonist Therapeutics' stock. Their PTGX share price targets range from $32.00 to $45.00. On average, they expect the company's share price to reach $38.00 in the next year. This suggests a possible upside of 9.9% from the stock's current price.
View analysts price targets for PTGX
or view top-rated stocks among Wall Street analysts.

How have PTGX shares performed in 2024?

Protagonist Therapeutics' stock was trading at $22.93 at the beginning of the year. Since then, PTGX stock has increased by 50.9% and is now trading at $34.59.
View the best growth stocks for 2024 here
.

When is Protagonist Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our PTGX earnings forecast
.

How were Protagonist Therapeutics' earnings last quarter?

Protagonist Therapeutics, Inc. (NASDAQ:PTGX) announced its earnings results on Tuesday, May, 7th. The company reported $3.26 earnings per share for the quarter, topping analysts' consensus estimates of $2.51 by $0.75. The company earned $254.95 million during the quarter, compared to the consensus estimate of $300 million.

What other stocks do shareholders of Protagonist Therapeutics own?

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

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 served as the underwriters for the IPO.

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.

This page (NASDAQ:PTGX) was last updated on 7/2/2024 by MarketBeat.com Staff

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