NASDAQ:PHAT

Phathom Pharmaceuticals (PHAT) Stock Price, News & Analysis

$10.24
-0.60 (-5.54%)
(As of 05/7/2024 ET)
Today's Range
$10.16
$11.02
50-Day Range
$7.77
$12.05
52-Week Range
$6.07
$17.02
Volume
533,379 shs
Average Volume
809,499 shs
Market Capitalization
$599.24 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$22.00

Phathom Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
114.8% Upside
$22.00 Price Target
Short Interest
Bearish
43.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.26mentions of Phathom Pharmaceuticals in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$191,641 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($4.22) to ($3.24) 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.

2.13 out of 5 stars

Medical Sector

529th out of 903 stocks

Pharmaceutical Preparations Industry

243rd out of 420 stocks

PHAT stock logo

About Phathom Pharmaceuticals Stock (NASDAQ:PHAT)

Phathom Pharmaceuticals, Inc., biopharmaceutical company, focuses on developing and commercializing treatments for gastrointestinal diseases. The company has the rights in the United States, Europe, and Canada for an investigational potassium-competitive acid blocker (P-CAB) that blocks acid secretion in the stomach. It is also developing vonoprazan for the treatment of erosive gastroesophageal reflux disease; and in combination with antibiotics for the treatment of Helicobacter pylori infection. The company was incorporated in 2018 and is headquartered in Florham Park, New Jersey.

PHAT Stock Price History

PHAT Stock News Headlines

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Company Calendar

Last Earnings
3/07/2024
Today
5/07/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:PHAT
Fax
N/A
Employees
452
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$28.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+108.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-201,590,000.00
Pretax Margin
-29,558.95%

Debt

Sales & Book Value

Annual Sales
$680,000.00
Book Value
($1.27) per share

Miscellaneous

Free Float
44,420,000
Market Cap
$616.22 million
Optionable
Optionable
Beta
0.67
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PHAT Stock Analysis - Frequently Asked Questions

Should I buy or sell Phathom Pharmaceuticals stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Phathom Pharmaceuticals in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PHAT shares.
View PHAT analyst ratings
or view top-rated stocks.

What is Phathom Pharmaceuticals' stock price target for 2024?

5 Wall Street research analysts have issued 1-year price objectives for Phathom Pharmaceuticals' shares. Their PHAT share price targets range from $10.00 to $28.00. On average, they expect the company's stock price to reach $22.00 in the next year. This suggests a possible upside of 114.8% from the stock's current price.
View analysts price targets for PHAT
or view top-rated stocks among Wall Street analysts.

How have PHAT shares performed in 2024?

Phathom Pharmaceuticals' stock was trading at $9.13 at the start of the year. Since then, PHAT stock has increased by 12.2% and is now trading at $10.24.
View the best growth stocks for 2024 here
.

When is Phathom Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our PHAT earnings forecast
.

How can I listen to Phathom Pharmaceuticals' earnings call?

Phathom Pharmaceuticals will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Phathom Pharmaceuticals' earnings last quarter?

Phathom Pharmaceuticals, Inc. (NASDAQ:PHAT) issued its quarterly earnings results on Thursday, March, 7th. The company reported ($0.80) earnings per share for the quarter, topping analysts' consensus estimates of ($0.92) by $0.12. The company earned $0.68 million during the quarter, compared to analysts' expectations of $0.93 million. During the same quarter in the prior year, the firm posted ($1.33) EPS.

What ETFs hold Phathom Pharmaceuticals' stock?

ETFs with the largest weight of Phathom Pharmaceuticals (NASDAQ:PHAT) stock in their portfolio include Simplify Propel Opportunities ETF (SURI).Virtus LifeSci Biotech Clinical Trials ETF (BBC).

What other stocks do shareholders of Phathom Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Phathom Pharmaceuticals investors own include Clovis Oncology (CLVS), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Cinemark (CNK), CenterPoint Energy (CNP), Canadian Natural Resources (CNQ), Brinker International (EAT) and Consolidated Edison (ED).

When did Phathom Pharmaceuticals IPO?

Phathom Pharmaceuticals (PHAT) raised $150 million in an initial public offering (IPO) on Friday, October 25th 2019. The company issued 7,900,000 shares at a price of $18.00-$20.00 per share. Goldman Sachs, Jefferies and Evercore ISI acted as the underwriters for the IPO and Needham & Company was co-manager.

Who are Phathom Pharmaceuticals' major shareholders?

Phathom Pharmaceuticals' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Medicxi Ventures Management Jersey Ltd (12.76%), Jennison Associates LLC (2.82%), China Universal Asset Management Co. Ltd. (0.02%) and Klingman & Associates LLC (0.02%). Insiders that own company stock include Asit Parikh, Azmi Nabulsi, David A Socks, Molly Henderson, Nathan Olmstead, Peter Bauer, Pharmaceutical Co Ltd Takeda and Terrie Curran.
View institutional ownership trends
.

How do I buy shares of Phathom Pharmaceuticals?

Shares of PHAT 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:PHAT) was last updated on 5/7/2024 by MarketBeat.com Staff

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