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Arcutis Biotherapeutics (ARQT)
NASDAQ:ARQT
RESEARCH TOOLSreports
Arcutis Biotherapeutics (ARQT) Stock Price & Analysis
627 Followers
ARQT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.76 - $13.17
Previous Close$8.13
Volume10.13M
Average Volume (3M)3.77M
Market Cap
$1.08B
Enterprise Value$873.27M
Total Cash (Recent Filing)$271.86M
Total Debt (Recent Filing)$205.92M
Price to Earnings (P/E)-1.4
Beta0.92
Next Earnings
Aug 01, 2024EPS Estimate
-$0.61Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.65
Shares Outstanding96,813,363
10 Day Avg. Volume2,642,021
30 Day Avg. Volume3,769,270
Standard Deviation0.28
R-Squared0.05
Alpha0.00661
Financial Highlights & Ratios
Price to Book (P/B)9.41
Price to Sales (P/S)13.21
Price to Cash Flow (P/CF)-3.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.65
Enterprise Value/Gross Profit15.99
Enterprise Value/Ebitda-3.73
Forecast
1Y Price Target
$17.20Price Target Upside83.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Arcutis Biotherapeutics News
Bulls Say, Bears Say
Bulls Say
Growth PotentialWith Medicare and Medicaid approvals on the horizon, Zoryve is poised for further growth and market penetration.
Market AdoptionZoryve Foam reaching a new all-time high in sales showcases robust demand and market confidence in the product.
Product PerformanceZoryve sales have significantly surpassed expectations, indicating a strong demand for the product.
Bears Say
CompetitionCompetitor VTAMA's decrease in total and new prescriptions could signal a broader downturn in demand within the Plaque Psoriasis treatment market.
Product PerformanceZoryve Cream and Foam's prescription growth is flat or declining, indicating a potential loss of market momentum.
Regulatory ChallengesComplex generics like Zoryve Cream face historical FDA approval challenges, and recent developments could further complicate the approval process.
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Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
ARQT FAQ
What was Arcutis Biotherapeutics’s price range in the past 12 months?
Arcutis Biotherapeutics lowest stock price was $1.76 and its highest was $13.17 in the past 12 months.
What is Arcutis Biotherapeutics’s market cap?
Currently, no data Available
When is Arcutis Biotherapeutics’s upcoming earnings report date?
Arcutis Biotherapeutics’s upcoming earnings report date is Aug 01, 2024 which is in 78 days.
How were Arcutis Biotherapeutics’s earnings last quarter?
Arcutis Biotherapeutics released its earnings results on May 14, 2024. The company reported -$0.32 earnings per share for the quarter, beating the consensus estimate of -$0.685 by $0.365.
Is Arcutis Biotherapeutics overvalued?
According to Wall Street analysts Arcutis Biotherapeutics’s price is currently Undervalued.
Does Arcutis Biotherapeutics pay dividends?
Arcutis Biotherapeutics does not currently pay dividends.
What is Arcutis Biotherapeutics’s EPS estimate?
Arcutis Biotherapeutics’s EPS estimate is -$0.61.
How many shares outstanding does Arcutis Biotherapeutics have?
Arcutis Biotherapeutics has 115,524,990 shares outstanding.
What happened to Arcutis Biotherapeutics’s price movement after its last earnings report?
Arcutis Biotherapeutics reported an EPS of -$0.32 in its last earnings report, beating expectations of -$0.685. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Arcutis Biotherapeutics?
Among the largest hedge funds holding Arcutis Biotherapeutics’s share is Graham Capital Management, L.P.. It holds Arcutis Biotherapeutics’s shares valued at 202K.
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Arcutis Biotherapeutics Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$17.20 (83.17% Upside)
$17.20 (83.17% Upside)
Blogger Sentiment
Bullish
ARQT Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $159.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 6.5%
Last 30 Days ▼ 6.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-19.34%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-24.02%
Trailing 12-Months
Company Description
Arcutis Biotherapeutics
Arcutis Biotherapeutics, Inc. engages in the development and commercialization of treatments for dermatological diseases. Its piepline consists of topical treatments for plaque psoriasis, atopic dermatitis, eczema, vitiligo, alopecia areata, and seborrheic dermatitis. The company was founded by Bhaskar Chaudhuri and David W. Osborne on June 1, 2016 and is headquartered in Westlake Village, CA.
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ARQT Company Deck
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ARQT Earnings Call
Q1 2024
0:00 / 0:00
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ARQT Stock 12 Month Forecast
Average Price Target
$17.20
▲(83.17% Upside)
Technical Analysis
Best Analysts Covering ARQT
1 Year
1 Year Success Rate
3/13 ratings generated profit
1 Year Average Return
+3.35%
reiterated a buy rating 3 months ago
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