NASDAQ:ABUS

Arbutus Biopharma (ABUS) Stock Price, News & Analysis

$2.64
-0.08 (-2.94%)
(As of 04/22/2024 ET)
Today's Range
$2.64
$2.74
50-Day Range
$2.49
$3.12
52-Week Range
$1.69
$3.29
Volume
739,649 shs
Average Volume
1.28 million shs
Market Capitalization
$473.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.33

Arbutus Biopharma MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
64.1% Upside
$4.33 Price Target
Short Interest
Healthy
2.53% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.65mentions of Arbutus Biopharma in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.39) to ($0.43) 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.

2.03 out of 5 stars

Medical Sector

557th out of 909 stocks

Pharmaceutical Preparations Industry

252nd out of 422 stocks

ABUS stock logo

About Arbutus Biopharma Stock (NASDAQ:ABUS)

Arbutus Biopharma Corporation, a biopharmaceutical company, develops novel therapeutics for chronic Hepatitis B virus (HBV) infection in the United States. Its HBV product pipeline consists of imdusiran (AB-729), a proprietary subcutaneously-delivered RNAi therapeutic product candidate that suppresses all HBV antigens, including HBsAg expression. The company's research and development programs include AB-101, an oral PD-L1 inhibitor to reawaken patients' HBV-specific immune system; and small molecule antiviral medicines to treat coronaviruses, including COVID-19. It has licensing agreements with Gritstone Oncology, Inc; Alnylam Pharmaceuticals, Inc.; Qilu Pharmaceuticals Co, Ltd; Assembly Biosciences, Inc.; Acuitas Therapeutics, Inc.; and Antios Therapeutics, Inc. Arbutus Biopharma Corporation also has a clinical collaboration agreement with Barinthus Biotherapeutics plc to evaluate VTP-300. The company was formerly known as Tekmira Pharmaceuticals Corporation and changed its name to Arbutus Biopharma Corporation in July 2015. Arbutus Biopharma Corporation is headquartered in Warminster, Pennsylvania.

ABUS Stock Price History

ABUS Stock News Headlines

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ABUS Jan 2025 7.000 call
Q4 2023 Arbutus Biopharma Corp Earnings Call
ABUS Jun 2024 3.000 put
ABUS Apr 2024 6.000 call
ABUS Apr 2024 3.000 call
ABUS Sep 2024 3.000 call
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/22/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ABUS
Employees
73
Year Founded
1992

Price Target and Rating

Average Stock Price Target
$4.33
High Stock Price Target
$5.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+64.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-72,850,000.00
Net Margins
-401.57%
Pretax Margin
-401.57%

Debt

Sales & Book Value

Annual Sales
$18.14 million
Book Value
$0.63 per share

Miscellaneous

Free Float
169,799,000
Market Cap
$473.85 million
Optionable
Optionable
Beta
2.04

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Key Executives

  • Mr. Michael J. McElhaugh (Age 49)
    Co-Founder, Interim President, CEO & Director
    Comp: $606.62k
  • Dr. Michael J. Sofia Ph.D. (Age 66)
    Chief Scientific Officer
    Comp: $628.43k
  • Mr. David C. Hastings CPA (Age 63)
    CFO & Chief Accounting Officer
    Comp: $647.1k
  • Ms. Lisa M. Caperelli
    Vice President of Investor Relations
  • Mr. J. Christopher Naftzger BA (Age 57)
    Esq., J.D., General Counsel, Chief Compliance Officer & Secretary
  • Ms. Shannon Briscoe SPHR
    Vice President of Human Resources
  • Dr. Karen Sims M.D. (Age 53)
    Ph.D., Chief Medical Officer
  • Mr. R. Hector Mackay-Dunn B.A. (Age 73)
    J.D., L.L.B., Q.C., Corporate Secretary

ABUS Stock Analysis - Frequently Asked Questions

Should I buy or sell Arbutus Biopharma stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Arbutus Biopharma in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABUS shares.
View ABUS analyst ratings
or view top-rated stocks.

What is Arbutus Biopharma's stock price target for 2024?

3 brokerages have issued 12 month target prices for Arbutus Biopharma's shares. Their ABUS share price targets range from $4.00 to $5.00. On average, they predict the company's stock price to reach $4.33 in the next year. This suggests a possible upside of 64.1% from the stock's current price.
View analysts price targets for ABUS
or view top-rated stocks among Wall Street analysts.

How have ABUS shares performed in 2024?

Arbutus Biopharma's stock was trading at $2.50 at the beginning of 2024. Since then, ABUS stock has increased by 5.6% and is now trading at $2.64.
View the best growth stocks for 2024 here
.

Are investors shorting Arbutus Biopharma?

Arbutus Biopharma saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 4,550,000 shares, an increase of 10.2% from the March 15th total of 4,130,000 shares. Based on an average trading volume of 1,320,000 shares, the short-interest ratio is presently 3.4 days.
View Arbutus Biopharma's Short Interest
.

When is Arbutus Biopharma's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ABUS earnings forecast
.

How can I listen to Arbutus Biopharma's earnings call?

Arbutus Biopharma will be holding an earnings conference call on Thursday, May 2nd at 8:45 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Arbutus Biopharma's earnings last quarter?

Arbutus Biopharma Co. (NASDAQ:ABUS) announced its earnings results on Thursday, February, 29th. The biopharmaceutical company reported ($0.12) earnings per share for the quarter, hitting the consensus estimate of ($0.12). The biopharmaceutical company earned $2.15 million during the quarter, compared to the consensus estimate of $4.74 million. Arbutus Biopharma had a negative trailing twelve-month return on equity of 57.82% and a negative net margin of 401.57%. During the same period last year, the business posted ($0.14) earnings per share.

What ETFs hold Arbutus Biopharma's stock?

ETFs with the largest weight of Arbutus Biopharma (NASDAQ:ABUS) stock in their portfolio include Morningstar US Small Growth (MSGR) and Amplify Treatments, Testing and Advancements ETF (GERM).Invesco Nasdaq Future Gen 200 ETF (QQQS).

What is Mark J. Murray's approval rating as Arbutus Biopharma's CEO?

6 employees have rated Arbutus Biopharma Chief Executive Officer Mark J. Murray on Glassdoor.com. Mark J. Murray has an approval rating of 22% among the company's employees. This puts Mark J. Murray in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Arbutus Biopharma own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Arbutus Biopharma investors own include Ballard Power Systems (BLDP), Chiasma (CHMA), Bausch Health Companies (BHC), Heat Biologics (HTBX), Sorrento Therapeutics (SRNE), GW Pharmaceuticals (GWPH), Inovio Pharmaceuticals (INO), Alibaba Group (BABA), TherapeuticsMD (TXMD) and Novavax (NVAX).

Who are Arbutus Biopharma's major shareholders?

Arbutus Biopharma's stock is owned by many different retail and institutional investors. Top institutional investors include PFG Investments LLC (0.01%).
View institutional ownership trends
.

How do I buy shares of Arbutus Biopharma?

Shares of ABUS 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:ABUS) was last updated on 4/23/2024 by MarketBeat.com Staff

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