NASDAQ:PRAX Praxis Precision Medicines (PRAX) Stock Price, News & Analysis → Now Open: Crypto emergency update (From InvestorPlace) (Ad) Free PRAX Stock Alerts $46.59 -4.19 (-8.25%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$45.84▼$50.4250-Day Range$40.20▼$62.1852-Week Range$12.45▼$67.21Volume204,241 shsAverage Volume316,905 shsMarket Capitalization$616.85 millionP/E RatioN/ADividend YieldN/APrice Target$103.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Praxis Precision Medicines alerts: Email Address Praxis Precision Medicines MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside121.1% Upside$103.00 Price TargetShort InterestHealthy2.66% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($8.64) to ($9.42) Per ShareSee Full Details Hide Full Details 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.1.71 out of 5 starsMedical Sector624th out of 918 stocksPharmaceutical Preparations Industry265th out of 402 stocks 3.4 Analyst's Opinion Consensus RatingPraxis Precision Medicines has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoveragePraxis Precision Medicines has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.66% of the float of Praxis Precision Medicines has been sold short.Short Interest Ratio / Days to CoverPraxis Precision Medicines has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Praxis Precision Medicines has recently increased by 5.37%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPraxis Precision Medicines does not currently pay a dividend.Dividend GrowthPraxis Precision Medicines does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRAX. Previous Next 2.5 News and Social Media Coverage News SentimentPraxis Precision Medicines has a news sentiment score of 0.56. 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 news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Praxis Precision Medicines this week, compared to 2 articles on an average week.Search InterestOnly 11 people have searched for PRAX on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.MarketBeat Follows6 people have added Praxis Precision Medicines to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Praxis Precision Medicines insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.70% of the stock of Praxis Precision Medicines is held by insiders.Percentage Held by Institutions67.84% of the stock of Praxis Precision Medicines is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Praxis Precision Medicines are expected to decrease in the coming year, from ($8.64) to ($9.42) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Praxis Precision Medicines is -1.97, 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. SectorThe P/E ratio of Praxis Precision Medicines is -1.97, 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 RatioPraxis Precision Medicines has a P/B Ratio of 5.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story About Praxis Precision Medicines Stock (NASDAQ:PRAX)Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, engages in the development of therapies for central nervous system disorders characterized by neuronal excitation-inhibition imbalance. It is developing ulixacaltamide, a small molecule inhibitor of T-type calcium channels that is in Phase III clinical trial for the treatment of essential tremor; PRAX-562 for the treatment of pediatric patients with developmental and epileptic encephalopathies (DEE); and PRAX-628 to treat focal epilepsy. The company also develops PRAX-222 for the treatment of pediatric patients with early-onset SCN2A-DEE; PRAX-020 to treat KCNT1 related epilepsies; PRAX-080 for the treatment of PCDH19; and PRAX-090 and PRAX-100 for SYNGAP1 and SCN2A-LoF. It has a license agreement with RogCon Inc.; a research collaboration and license agreement with Ionis Pharmaceuticals, Inc.; a strategic collaboration and license agreement with UCB Biopharma SRL; and collaboration with The Florey Institute to develop three novel ASOs. The company was incorporated in 2015 and is based in Boston, Massachusetts.Read More PRAX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRAX Stock News HeadlinesApril 17, 2024 | msn.comWhy an ALS Drug Was Pulled From the MarketApril 13, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for Praxis Precision Medicines, Inc. Lifted by Analyst (NASDAQ:PRAX)April 19, 2024 | InvestorPlace (Ad)You’re invited: Biggest crypto event of 2024During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.April 12, 2024 | globenewswire.comPraxis Precision Medicines to Present on Ulixacaltamide at the American Academy of Neurology 2024 Annual MeetingApril 5, 2024 | globenewswire.comPraxis Precision Medicines to Participate in Upcoming April ConferencesApril 2, 2024 | globenewswire.comPraxis Precision Medicines, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)March 28, 2024 | markets.businessinsider.comPraxis Precision Medicines Announces Pricing Of Underwritten Public OfferingMarch 28, 2024 | globenewswire.comPraxis Precision Medicines, Inc. Announces Pricing of $200 Million Public OfferingApril 19, 2024 | InvestorPlace (Ad)You’re invited: Biggest crypto event of 2024During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.March 27, 2024 | globenewswire.comPraxis Precision Medicines, Inc. Announces Proposed Public OfferingMarch 26, 2024 | msn.comPraxis gains after mid-stage data for epilepsy candidateMarch 26, 2024 | markets.businessinsider.comPraxis Precision Medicines Reports Positive Results From PRAX-628 Study - Quick FactsMarch 26, 2024 | markets.businessinsider.comBuy Rating Affirmed for Praxis Precision Medicines’ PRAX-628 Based on Strong Clinical Trial Outcomes and Market PotentialMarch 26, 2024 | msn.comWhy Praxis Precision Medicines Stock Is Trading Higher TuesdayMarch 26, 2024 | finance.yahoo.comTop 1% Biotech, Praxis, Releases 'Fireworks' And Catapults To Year-HighMarch 26, 2024 | seekingalpha.comPraxis: 2nd Half 2024 ET Readout Could Lead To U.S. Regulatory FilingMarch 26, 2024 | globenewswire.comPraxis Precision Medicines Reports Positive Results of PRAX-628 Study Evaluating Photo Paroxysmal Response (PPR) Achieving 100% Response in Treated PatientsMarch 25, 2024 | globenewswire.comPraxis Precision Medicines to Host PRAX-628 Program UpdateMarch 25, 2024 | finance.yahoo.comA Look At The Intrinsic Value Of Praxis Precision Medicines, Inc. (NASDAQ:PRAX)March 20, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Praxis Precision Medicines (PRAX), Clene (CLNN) and Jazz Pharmaceuticals (JAZZ)March 19, 2024 | ca.finance.yahoo.comPRAX Apr 2024 60.000 callMarch 16, 2024 | finance.yahoo.comPRAX May 2024 22.500 callMarch 15, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Healthcare Stocks: Allakos (ALLK), Century Therapeutics (IPSC)March 11, 2024 | markets.businessinsider.comBuy Rating Affirmed for Praxis Precision Medicines Amidst Promising Pipeline and Financial StabilityMarch 7, 2024 | finance.yahoo.comPraxis Precision Medicines Inc (PRAX) Reports Full-Year 2023 Financial Results and Corporate UpdatesMarch 7, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Praxis Precision Medicines (PRAX), InMode (INMD) and Teladoc (TDOC)March 6, 2024 | msn.comPraxis Precision Medicines files for $750M mixed shelf offeringSee More Headlines Receive PRAX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Praxis Precision Medicines and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/05/2024Today4/19/2024Next Earnings (Estimated)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:PRAX CUSIPN/A CIK1689548 Webwww.praxismedicines.com Phone617-300-8460FaxN/AEmployees82Year FoundedN/APrice Target and Rating Average Stock Price Target$103.00 High Stock Price Target$150.00 Low Stock Price Target$29.00 Potential Upside/Downside+121.1%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($23.66) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-123,280,000.00 Net Margins-5,037.88% Pretax Margin-5,037.88% Return on Equity-151.02% Return on Assets-115.60% Debt Debt-to-Equity RatioN/A Current Ratio5.39 Quick Ratio5.39 Sales & Book Value Annual Sales$2.45 million Price / Sales251.78 Cash FlowN/A Price / Cash FlowN/A Book Value$7.92 per share Price / Book5.88Miscellaneous Outstanding Shares13,240,000Free Float12,881,000Market Cap$616.85 million OptionableOptionable Beta2.89 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Marcio Silva De'Souza M.B.A. (Age 44)President, CEO & Director Comp: $1.18MMr. Timothy Edwin Kelly (Age 50)CFO & Treasurer Comp: $691.58kMr. Alex Nemiroff J.D. (Age 44)General Counsel & Secretary Comp: $577.34kDr. Steven Petrou B.Sc. (Hons.)Ph.D., Co-Founder & Chief Scientific OfficerLauren MastrocolaVP of Finance & Principal Accounting OfficerDr. Karl Hansen Ph.D.Chief Technical Operations OfficerAlex KaneVP of Investor Relations & Corporate CommunicationsMs. Kelly McCueChief People OfficerMs. Alyssa J. S. Wyant (Age 49)Chief Regulatory & Quality Officer Ms. Megan T. Sniecinski (Age 42)Chief Business Officer More ExecutivesKey CompetitorsPureTech HealthNASDAQ:PRTCPharming GroupNASDAQ:PHARSavaraNASDAQ:SVRANurix TherapeuticsNASDAQ:NRIXDisc MedicineNASDAQ:IRONView All CompetitorsInsiders & InstitutionsKingdon Capital Management L.L.C.Sold 4,853,335 shares on 3/18/2024Ownership: 2.618%Vanguard Group Inc.Sold 5,193,176 shares on 3/11/2024Ownership: 4.220%Bridgeway Capital Management LLCSold 180,548 shares on 2/15/2024Ownership: 0.241%Barclays PLCBought 9,245 shares on 2/15/2024Ownership: 0.105%Citadel Advisors LLCBought 66 shares on 2/15/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions PRAX Stock Analysis - Frequently Asked Questions Should I buy or sell Praxis Precision Medicines stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Praxis Precision Medicines in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PRAX shares. View PRAX analyst ratings or view top-rated stocks. What is Praxis Precision Medicines' stock price target for 2024? 4 Wall Street analysts have issued 12-month target prices for Praxis Precision Medicines' shares. Their PRAX share price targets range from $29.00 to $150.00. On average, they predict the company's share price to reach $103.00 in the next year. This suggests a possible upside of 121.1% from the stock's current price. View analysts price targets for PRAX or view top-rated stocks among Wall Street analysts. How have PRAX shares performed in 2024? Praxis Precision Medicines' stock was trading at $22.28 on January 1st, 2024. Since then, PRAX shares have increased by 109.1% and is now trading at $46.59. View the best growth stocks for 2024 here. When is Praxis Precision Medicines' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our PRAX earnings forecast. How were Praxis Precision Medicines' earnings last quarter? Praxis Precision Medicines, Inc. (NASDAQ:PRAX) released its earnings results on Tuesday, March, 5th. The company reported ($2.97) earnings per share for the quarter, beating the consensus estimate of ($3.05) by $0.08. The business had revenue of $0.52 million for the quarter, compared to analyst estimates of $0.30 million. Praxis Precision Medicines had a negative trailing twelve-month return on equity of 151.02% and a negative net margin of 5,037.88%. What ETF holds Praxis Precision Medicines' stock? Invesco Dorsey Wright Healthcare Momentum ETF holds 25,514 shares of PRAX stock, representing 0.92% of its portfolio. When did Praxis Precision Medicines' stock split? Praxis Precision Medicines shares reverse split on the morning of Wednesday, November 29th 2023. The 1-15 reverse split was announced on Wednesday, November 29th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 29th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split. When did Praxis Precision Medicines IPO? Praxis Precision Medicines (PRAX) raised $126 million in an IPO on Friday, October 16th 2020. The company issued 7,400,000 shares at a price of $16.00-$18.00 per share. Cowen, Evercore ISI, Piper Sandler and Wedbush PacGrow acted as the underwriters for the IPO and Blackstone Capital Markets was co-manager. How do I buy shares of Praxis Precision Medicines? Shares of PRAX 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. 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