NASDAQ:SPRO

Spero Therapeutics (SPRO) Stock Price, News & Analysis

$1.46
+0.03 (+2.10%)
(As of 04/26/2024 ET)
Today's Range
$1.42
$1.51
50-Day Range
$1.40
$1.80
52-Week Range
$0.99
$2.00
Volume
164,757 shs
Average Volume
219,213 shs
Market Capitalization
$78.68 million
P/E Ratio
3.48
Dividend Yield
N/A
Price Target
$7.00

Spero Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
379.5% Upside
$7.00 Price Target
Short Interest
Healthy
0.95% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.80
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.94) to ($0.90) 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.

4.75 out of 5 stars

Medical Sector

58th out of 913 stocks

Pharmaceutical Preparations Industry

17th out of 420 stocks

SPRO stock logo

About Spero Therapeutics Stock (NASDAQ:SPRO)

Spero Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on identifying, developing, and commercializing novel treatments for multi-drug resistant (MDR) bacterial infections and rare diseases in the United States. The company's product candidates include tebipenem pivoxil hydrobromide (HBr), an oral carbapenem-class antibiotic to treat complicated urinary tract infections, including pyelonephritis for adults; SPR206, an intravenous-administered antibiotic against MDR Gram-negative pathogens comprising carbapenem-resistant enterobacterales (CRE), acinetobacter baumannii, and pseudomonas aeruginosa, as well as negative bacterial infections in the hospital setting; and SPR720, a novel oral antibiotic agent for the treatment of non-tuberculous mycobacterial pulmonary disease. It has license agreement with Meiji Seika Pharma Co., Ltd. to support the development of tebipenem HBr; Everest Medicines to develop, manufacture, and commercialize SPR206 in Greater China, South Korea, and Southeast Asian countries; and Vertex Pharmaceuticals Incorporated for patents relating to SPR720, as well as SPR719, an active metabolite. Spero Therapeutics, Inc. was founded in 2013 and is headquartered in Cambridge, Massachusetts.

SPRO Stock Price History

SPRO Stock News Headlines

Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Q4 2023 Spero Therapeutics Inc Earnings Call
Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
TD Cowen Sticks to Its Hold Rating for Spero Therapeutics (SPRO)
Recap: Spero Therapeutics Q4 Earnings
Spero Announces FDA Clearance Of IND Application For SPR206
SPRO Apr 2024 2.000 put
SPRO Apr 2024 1.000 call
Spero Therapeutics Inc (SPRO)
See More Headlines
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Company Calendar

Last Earnings
3/13/2024
Today
4/26/2024
Next Earnings (Estimated)
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:SPRO
Fax
N/A
Employees
46
Year Founded
2013

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$7.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+379.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$22.81 million
Pretax Margin
24.48%

Debt

Sales & Book Value

Annual Sales
$103.78 million
Cash Flow
$0.53 per share
Book Value
$2.02 per share

Miscellaneous

Free Float
51,457,000
Market Cap
$78.68 million
Optionable
Optionable
Beta
0.55

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Key Executives

  • Dr. Ankit Mahadevia M.D. (Age 43)
    MBA, Co-Founder & Chairman of the Board
    Comp: $1.39M
  • Mr. Satyavrat Shukla C.F.A. (Age 51)
    President, CEO & Director
    Comp: $1.12M
  • Mr. Timothy Keutzer (Age 56)
    Chief Operating Officer
    Comp: $938.57k
  • Ms. Esther P. Rajavelu (Age 45)
    CFO & Chief Business Officer
  • Ted Jenkins
    VP & Head of Investor Relations
  • Mr. James P. Brady
    Chief Human Resource Officer
  • Dr. Kamal Hamed M.B.A. (Age 62)
    M.D., M.P.H., Chief Medical Officer

SPRO Stock Analysis - Frequently Asked Questions

Should I buy or sell Spero Therapeutics stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spero Therapeutics in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SPRO shares.
View SPRO analyst ratings
or view top-rated stocks.

What is Spero Therapeutics' stock price target for 2024?

2 Wall Street analysts have issued 12 month target prices for Spero Therapeutics' shares. Their SPRO share price targets range from $7.00 to $7.00. On average, they predict the company's share price to reach $7.00 in the next year. This suggests a possible upside of 379.5% from the stock's current price.
View analysts price targets for SPRO
or view top-rated stocks among Wall Street analysts.

How have SPRO shares performed in 2024?

Spero Therapeutics' stock was trading at $1.47 on January 1st, 2024. Since then, SPRO shares have decreased by 0.7% and is now trading at $1.46.
View the best growth stocks for 2024 here
.

Are investors shorting Spero Therapeutics?

Spero Therapeutics saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 513,200 shares, a decrease of 21.5% from the March 31st total of 653,800 shares. Based on an average trading volume of 321,500 shares, the days-to-cover ratio is currently 1.6 days.
View Spero Therapeutics' Short Interest
.

When is Spero Therapeutics' next earnings date?

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

How were Spero Therapeutics' earnings last quarter?

Spero Therapeutics, Inc. (NASDAQ:SPRO) released its quarterly earnings results on Wednesday, March, 13th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of ($0.18) by $1.14. The business earned $73.52 million during the quarter, compared to analyst estimates of $19.40 million. Spero Therapeutics had a net margin of 21.98% and a trailing twelve-month return on equity of 38.54%.

What is Ankit Mahadevia, MD's approval rating as Spero Therapeutics' CEO?

27 employees have rated Spero Therapeutics Chief Executive Officer Ankit Mahadevia, MD on Glassdoor.com. Ankit Mahadevia, MD has an approval rating of 100% among the company's employees. This puts Ankit Mahadevia, MD in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Spero Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spero Therapeutics investors own include Sorrento Therapeutics (SRNE), Matinas BioPharma (MTNB), ADMA Biologics (ADMA), Editas Medicine (EDIT), SCYNEXIS (SCYX), Kadmon (KDMN), Aldeyra Therapeutics (ALDX), KushCo (KSHB), Dynavax Technologies (DVAX) and Zosano Pharma (ZSAN).

When did Spero Therapeutics IPO?

Spero Therapeutics (SPRO) raised $75 million in an initial public offering on Thursday, November 2nd 2017. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. BofA Merrill Lynch, Cowen and Stifel served as the underwriters for the IPO and Oppenheimer & Co. was co-manager.

How do I buy shares of Spero Therapeutics?

Shares of SPRO 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:SPRO) was last updated on 4/27/2024 by MarketBeat.com Staff

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