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Crinetics Pharmaceuticals (CRNX) Stock Price, News & Analysis

$43.83
-0.37 (-0.84%)
(As of 07/5/2024 08:52 PM ET)
Today's Range
$43.71
$44.46
50-Day Range
$42.19
$51.91
52-Week Range
$15.76
$53.70
Volume
572,200 shs
Average Volume
852,504 shs
Market Capitalization
$3.46 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$62.50

Crinetics Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
42.6% Upside
$62.50 Price Target
Short Interest
Bearish
7.43% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
0.70mentions of Crinetics Pharmaceuticals in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$9.56 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($3.53) to ($3.78) 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.

4.08 out of 5 stars

Medical Sector

155th out of 879 stocks

Pharmaceutical Preparations Industry

56th out of 417 stocks

CRNX stock logo

About Crinetics Pharmaceuticals Stock (NASDAQ:CRNX)

Crinetics Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company's lead product candidate is paltusotine, an oral selective nonpeptide somatostatin receptor type 2 agonist, which is in Phase 3 trial for the treatment of acromegaly; and Phase 2 trial for treating carcinoid syndrome associated with neuroendocrine tumors. It is also developing CRN04894, an investigational oral nonpeptide product candidate to antagonize the adrenocorticotrophic hormone (ACTH) receptor that has completed a Phase 1 study for the treatment of diseases caused by excess ACTH, including congenital adrenal hyperplasia and Cushing's disease. In addition, the company is developing antagonists of the parathyroid hormone (PTH) receptor for the treatment of primary hyperparathyroidism and humoral hypercalcemia of malignancy, and other diseases of excess PTH; identified investigational orally available somatostatin receptor type 3 targeted nonpeptide agonists for the treatment of autosomal dominant polycystic kidney disease; and developing thyroid-stimulating hormone receptor antagonists for the treatment of graves' disease and thyroid eye disease, as well as Oral GLP-1 and GIP nonpeptides for the treatment of diabetes and obesity. Crinetics Pharmaceuticals, Inc. was incorporated in 2008 and is headquartered in San Diego, California.

CRNX Stock Price History

CRNX Stock News Headlines

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Company Calendar

Last Earnings
5/09/2024
Today
7/08/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CRNX
Fax
N/A
Employees
290
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$62.50
High Stock Price Target
$97.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+42.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$-214,530,000.00
Pretax Margin
-11,641.14%

Debt

Sales & Book Value

Annual Sales
$4.01 million
Book Value
$8.07 per share

Miscellaneous

Free Float
74,128,000
Market Cap
$3.46 billion
Optionable
Optionable
Beta
0.68
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Key Executives

  • Dr. R. Scott Struthers Ph.D. (Age 61)
    Founder, President, CEO & Director
    Comp: $978.34k
  • Dr. Stephen F. Betz Ph.D. (Age 58)
    Founder & Chief Scientific Officer
    Comp: $672.66k
  • Mr. Marc J. C. Wilson (Age 45)
    Chief Financial Officer
    Comp: $642.25k
  • Mr. Jeff E. Knight (Age 53)
    Chief Operating Officer
    Comp: $657.31k
  • Dr. Alan S. Krasner M.D. (Age 61)
    Chief Endocrinologist
    Comp: $653.92k
  • Mr. James Hassard (Age 58)
    Chief Commercial Officer
    Comp: $623.5k
  • Ms. Garlan Adams
    General Counsel & Corporate Secretary
  • Ms. Adriana Cabre M.B.A.
    Chief Human Resources Officer
  • Mr. Kevin Capps
    Head of Intellectual Property
  • Mr. Chris Robillard M.B.A.
    Chief Business Officer

CRNX Stock Analysis - Frequently Asked Questions

How have CRNX shares performed this year?

Crinetics Pharmaceuticals' stock was trading at $35.58 at the beginning of the year. Since then, CRNX stock has increased by 23.2% and is now trading at $43.83.
View the best growth stocks for 2024 here
.

How were Crinetics Pharmaceuticals' earnings last quarter?

Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) issued its quarterly earnings data on Thursday, May, 9th. The company reported ($0.93) EPS for the quarter, missing the consensus estimate of ($0.84) by $0.09. Crinetics Pharmaceuticals's revenue was down 76.1% compared to the same quarter last year.

What is R. Scott Struthers, Ph.D.'s approval rating as Crinetics Pharmaceuticals' CEO?

6 employees have rated Crinetics Pharmaceuticals Chief Executive Officer R. Scott Struthers, Ph.D. on Glassdoor.com. R. Scott Struthers, Ph.D. has an approval rating of 100% among the company's employees. This puts R. Scott Struthers, Ph.D. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 68.0% of employees surveyed would recommend working at Crinetics Pharmaceuticals to a friend.

When did Crinetics Pharmaceuticals IPO?

Crinetics Pharmaceuticals (CRNX) raised $80 million in an initial public offering on Wednesday, July 18th 2018. The company issued 5,000,000 shares at $15.00-$17.00 per share. J.P. Morgan, Leerink Partners and Piper Jaffray acted as the underwriters for the IPO.

How do I buy shares of Crinetics Pharmaceuticals?

Shares of CRNX 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.
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What other stocks do shareholders of Crinetics Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Crinetics Pharmaceuticals investors own include SCYNEXIS (SCYX), Sorrento Therapeutics (SRNE), Aldeyra Therapeutics (ALDX), G1 Therapeutics (GTHX), Kura Oncology (KURA), Otonomy (OTIC) and Selecta Biosciences (SELB).

This page (NASDAQ:CRNX) was last updated on 7/8/2024 by MarketBeat.com Staff

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