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NASDAQ:RCKT

Rocket Pharmaceuticals (RCKT) Stock Price, News & Analysis

$21.42
-0.30 (-1.38%)
(As of 05/24/2024 ET)
Today's Range
$21.41
$22.02
50-Day Range
$21.42
$27.86
52-Week Range
$14.89
$32.53
Volume
584,227 shs
Average Volume
589,497 shs
Market Capitalization
$1.94 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$52.13

Rocket Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
143.3% Upside
$52.13 Price Target
Short Interest
Bearish
10.84% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.81
Upright™ Environmental Score
News Sentiment
0.27mentions of Rocket Pharmaceuticals in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$10.83 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.85) to ($1.87) 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.

4.69 out of 5 stars

Medical Sector

62nd out of 923 stocks

Pharmaceutical Preparations Industry

24th out of 414 stocks

RCKT stock logo

About Rocket Pharmaceuticals Stock (NASDAQ:RCKT)

Rocket Pharmaceuticals, Inc., together with its subsidiaries, operates as a late-stage biotechnology company that focuses on developing gene therapies for rare and devastating diseases. It has three clinical-stage ex vivo lentiviral vector programs for fanconi anemia, a genetic defect in the bone marrow that reduces production of blood cells or promotes the production of faulty blood cells; leukocyte adhesion deficiency-I, a genetic disorder that causes the immune system to malfunction; and pyruvate kinase deficiency, a rare red blood cell autosomal recessive disorder that results in chronic non-spherocytic hemolytic anemia. The company also has a clinical stage in vivo adeno-associated virus program for Danon disease, a multi-organ lysosomal-associated disorder leading to early death due to heart failure; Plakophilin-2 Arrhythmogenic Cardiomyopathy, an inheritable cardiac disorder; and BAG3 Dilated Cardiomyopathy. It has license agreements with Centro de Investigaciones Energéticas, Medioambientales y Tecnológicas, Centro de Investigacion Biomedica En Red, and Fundacion Instituto de investigacion Sanitaria Fundacion Jimenez Diaz; UCL Business PLC; The Regents of the University of California; and REGENXBIO, Inc. Rocket Pharmaceuticals, Inc. was founded in 1999 and is headquartered in Cranbury, New Jersey.

RCKT Stock Price History

RCKT Stock News Headlines

Piping plover Sea Rocket spotted on Chicago beach
Rocket Pharmaceuticals Upgraded to Buy: Here's Why
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Today
5/25/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:RCKT
Employees
268
Year Founded
2018

Price Target and Rating

Average Stock Price Target
$52.13
High Stock Price Target
$65.00
Low Stock Price Target
$39.00
Potential Upside/Downside
+143.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$-245,600,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$4.86 per share

Miscellaneous

Free Float
62,549,000
Market Cap
$1.94 billion
Optionable
Optionable
Beta
1.12

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Key Executives

  • Ms. Kinnari Patel M.B.A. (Age 44)
    Pharm.D., Head of R&D, President & COO
    Comp: $849.93k
  • Mr. Mayo Pujols (Age 54)
    Chief Technical Officer
    Comp: $649.71k
  • Mr. Raj Prabhakar M.B.A. (Age 49)
    Chief Business Officer
    Comp: $619.13k
  • Mr. Aaron Ondrey (Age 47)
    Chief Financial Officer
  • Mr. Martin Louis Wilson J.D. (Age 48)
    General Counsel, Chief Compliance Officer & Chief Corporate Officer
    Comp: $149.95k
  • Kevin Giordano
    Director of Corporate Communications
  • Ms. Isabel Carmona J.D.
    Chief People Officer
  • Mr. Jonathan Schwartz M.D. (Age 59)
    Chief Medical & Gene Therapy Officer
    Comp: $557.79k
  • Dr. Gayatri R. Rao J.D.
    M.D., Senior VP of Clinical Safety & Chief Regulatory Officer
  • Mr. Carlos Martin
    Chief Commercial Operations & Revenue Officer

RCKT Stock Analysis - Frequently Asked Questions

Should I buy or sell Rocket Pharmaceuticals stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rocket Pharmaceuticals in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RCKT shares.
View RCKT analyst ratings
or view top-rated stocks.

What is Rocket Pharmaceuticals' stock price target for 2024?

9 Wall Street research analysts have issued 1-year target prices for Rocket Pharmaceuticals' stock. Their RCKT share price targets range from $39.00 to $65.00. On average, they expect the company's share price to reach $52.13 in the next twelve months. This suggests a possible upside of 143.3% from the stock's current price.
View analysts price targets for RCKT
or view top-rated stocks among Wall Street analysts.

How have RCKT shares performed in 2024?

Rocket Pharmaceuticals' stock was trading at $29.97 at the start of the year. Since then, RCKT stock has decreased by 28.5% and is now trading at $21.42.
View the best growth stocks for 2024 here
.

When is Rocket Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our RCKT earnings forecast
.

How were Rocket Pharmaceuticals' earnings last quarter?

Rocket Pharmaceuticals, Inc. (NASDAQ:RCKT) released its earnings results on Monday, May, 6th. The biotechnology company reported ($0.66) earnings per share for the quarter, beating analysts' consensus estimates of ($0.67) by $0.01. During the same period in the prior year, the firm earned ($0.73) earnings per share.

What ETFs hold Rocket Pharmaceuticals' stock?
What other stocks do shareholders of Rocket Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rocket Pharmaceuticals investors own include Nymox Pharmaceutical (NYMX), Pfizer (PFE), SCYNEXIS (SCYX), Sorrento Therapeutics (SRNE), Amarin (AMRN), Energy Transfer (ET), Micron Technology (MU), VBI Vaccines (VBIV), Vaxart (VXRT) and Alibaba Group (BABA).

Who are Rocket Pharmaceuticals' major shareholders?

Rocket Pharmaceuticals' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.92%), Westfield Capital Management Co. LP (4.39%), Price T Rowe Associates Inc. MD (3.24%), Janus Henderson Group PLC (2.87%), Bamco Inc. NY (1.09%) and Russell Investments Group Ltd. (0.74%). Insiders that own company stock include David P Southwell, Gaurav Shah, Gotham Makker, John Militello, Jonathan David Schwartz, Kinnari Patel, Mark Andrew White, Martin Wilson and Rtw Investments, Lp.
View institutional ownership trends
.

How do I buy shares of Rocket Pharmaceuticals?

Shares of RCKT 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:RCKT) was last updated on 5/26/2024 by MarketBeat.com Staff

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