Scholar Rock (SRRK) Stock Price, News & Analysis

Company Overview

Scholar Rock Holding Corporation, a biopharmaceutical company, focuses on the discovery, development, and delivery of medicines for the treatment of serious diseases in which signaling by protein growth factors plays a fundamental role. The company develops Apitegromab, an inhibitor of the activation of myostatin that is in Phase 3 clinical trial for the treatment of spinal muscular atrophy; and SRK-181, which has completed Phase 1 clinical trials for the treatment of cancers that are resistant to checkpoint inhibitor therapies, such as anti-PD-1 or anti-PD-L1 antibody therapies. It is developing a pipeline of product candidates to deliver novel therapies to treat a range of serious diseases, including neuromuscular disorders, cardiometabolic disorders, cancer, fibrosis, and iron-restricted anemia. Scholar Rock Holding Corporation was founded in 2012 and is headquartered in Cambridge, Massachusetts.

Key Stats

• Today's Range: $27.36 to $28.30
• 50-Day Range: $7.07 to $34.28
• 52-Week Range: $6.76 to $35.38
• Volume: 669,312 shs
• Average Volume: 948,150 shs
• Market Capitalization: $2.61 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $34.00
• Consensus Rating: Buy

Scholar Rock Stock Analysis - MarketRank™

Scholar Rock scored higher than 84% of companies evaluated by MarketBeat, and ranked 185th 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: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Scholar Rock has received a consensus rating of Buy. The company's average rating score is 3.14, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Scholar Rock has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

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

Earnings Growth

Earnings for Scholar Rock are expected to grow in the coming year, from ($2.38) to ($2.09) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Scholar Rock is -11.86, 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 Scholar Rock is -11.86, 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

Scholar Rock has a P/B Ratio of 32.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

16.36% of the outstanding shares of Scholar Rock have been sold short.

Short Interest Ratio / Days to Cover

Scholar Rock has a short interest ratio ("days to cover") of 8.2.

Change versus previous month

Short interest in Scholar Rock has recently increased by 2.55%, indicating that investor sentiment is decreasing.

Dividend

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

Dividend Yield

Scholar Rock does not currently pay a dividend.

Dividend Growth

Scholar Rock does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.6 / 5
• Environmental Score: -0.81

Percentage of Shares Shorted

16.36% of the outstanding shares of Scholar Rock have been sold short.

Short Interest Ratio / Days to Cover

Scholar Rock has a short interest ratio ("days to cover") of 8.2.

Change versus previous month

Short interest in Scholar Rock has recently increased by 2.55%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.32

News Sentiment

Scholar Rock has a news sentiment score of 0.32. 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 lower news sentiment than the 0.46 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for Scholar Rock this week, compared to 4 articles on an average week.

Search Interest

Only 6 people have searched for SRRK on MarketBeat in the last 30 days. This is a decrease of -74% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Scholar Rock to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Scholar Rock insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $40,652,551.00 in company stock.

Percentage Held by Insiders

19.20% of the stock of Scholar Rock is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

91.08% of the stock of Scholar Rock is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SRRK Stock Analysis - Frequently Asked Questions

How have SRRK shares performed this year?

Scholar Rock's stock was trading at $18.80 at the beginning of 2024. Since then, SRRK stock has increased by 48.2% and is now trading at $27.86.
View the best growth stocks for 2024 here.

How were Scholar Rock's earnings last quarter?

Scholar Rock Holding Co. (NASDAQ:SRRK) issued its earnings results on Thursday, August, 8th. The company reported ($0.60) EPS for the quarter, topping the consensus estimate of ($0.61) by $0.01.

When did Scholar Rock IPO?

Scholar Rock (SRRK) raised $76 million in an initial public offering on Thursday, May 24th 2018. The company issued 5,400,000 shares at $13.00-$15.00 per share. Jefferies, Cowen and BMO Capital Markets acted as the underwriters for the IPO and Wedbush PacGrow was co-manager.

Who are Scholar Rock's major shareholders?

Top institutional shareholders of Scholar Rock include FMR LLC (12.74%), Redmile Group LLC (5.60%), State Street Corp (2.96%) and Eventide Asset Management LLC (3.01%). Insiders that own company stock include Public Equities LP Invus, Samsara Biocapital Gp, Llc, Amir Nashat, Jay T Backstrom, Junlin Ho, Edward H Myles, Caryn Parlavecchio, Mo Qatanani and Tracey Sacco.
View institutional ownership trends.

How do I buy shares of Scholar Rock?

Shares of SRRK 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 Scholar Rock own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Scholar Rock investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), First Solar (FSLR) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/18/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Biological products, except diagnostic
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:SRRK
• CUSIP: N/A
• CIK: 1727196
• Web: www.scholarrock.com
• Phone: (857) 259-3860
• Fax: 866-493-4935
• Employees: 140
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $34.00
• High Stock Price Target: $42.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +22.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.14
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.35)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-165,790,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -145.60%
• Return on Assets: -91.83%

Debt

• Debt-to-Equity Ratio: 0.63
• Current Ratio: 3.88
• Quick Ratio: 3.88

Sales & Book Value

• Annual Sales: $33.19 million
• Price / Sales: 78.58
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.85 per share
• Price / Book: 32.78

Miscellaneous

• Outstanding Shares: 93,610,000
• Free Float: 75,641,000
• Market Cap: $2.61 billion
• Optionable: Optionable
• Beta: 0.47