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Aclaris Therapeutics (ACRS)
NASDAQ:ACRS

Aclaris Therapeutics (ACRS) Stock Price & Analysis

563 Followers

ACRS Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$0.59 - $11.12
Previous Close$1.17
Volume497.50K
Average Volume (3M)999.22K
Market Cap
$83.38M
Enterprise Value-$35.30M
Total Cash (Recent Filing)$119.11M
Total Debt (Recent Filing)$426.00K
Price to Earnings (P/E)-1.1
Beta0.64
Aug 08, 2024
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.09
Shares Outstanding71,264,786
10 Day Avg. Volume763,277
30 Day Avg. Volume999,215
Standard Deviation0.39
R-Squared0.00109
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)0.56
Price to Sales (P/S)4.75
Price to Cash Flow (P/CF)-3.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-1.16
Enterprise Value/Gross Profit-1.27
Enterprise Value/Ebitda0.39
Forecast
Price Target Upside70.94% Upside
Rating ConsensusHold
Number of Analyst Covering2

Bulls Say, Bears Say

Bulls Say
Clinical DevelopmentACRS reported positive Phase 1 MAD data in healthy volunteers showing '2138 to be well-tolerated, and demonstrating a dose-dependent inhibitory effect on ITK and JAK3.
Financial PerformanceAclaris reported a smaller net loss per share than originally forecasted, indicating better financial performance than expected.
Strategic PartnershipsACRS reaffirmed their commitment to an ongoing strategic review to seek a development & commercialization partner for their topical inhibitor, ATI-1777.
Bears Say
Clinical Trial OutcomesACRS reported disappointing clinical readouts for their former lead program zunsemetinib in rheumatoid arthritis and hidradenitis suppurativa, failing to achieve primary and key secondary endpoints.
Corporate RestructuringA plan to reduce its workforce by approximately 46% is expected to be substantially complete by mid-2024 to reflect lower capital commitments and possible streamlining of other programs.
Partnership UncertaintyThe company is still seeking a partner to out-license worldwide rights for ATI-1777, indicating potential uncertainty in the commercialization process.
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Financials

Annual

Ownership Overview

29.02%12.85%27.61%30.53%
29.02% Insiders
27.61% Other Institutional Investors
30.53% Public Companies and
Individual Investors

Risk Analysis

Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products

Website Traffic

Sorry, No Data Available
There is no website visitor data available for this stock.
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ACRS FAQ

What was Aclaris Therapeutics’s price range in the past 12 months?
Aclaris Therapeutics lowest stock price was $0.59 and its highest was $11.12 in the past 12 months.
    What is Aclaris Therapeutics’s market cap?
    Currently, no data Available
    When is Aclaris Therapeutics’s upcoming earnings report date?
    Aclaris Therapeutics’s upcoming earnings report date is Aug 08, 2024 which is in 89 days.
      How were Aclaris Therapeutics’s earnings last quarter?
      Aclaris Therapeutics released its earnings results on May 07, 2024. The company reported -$0.24 earnings per share for the quarter, beating the consensus estimate of -$0.286 by $0.046.
        Is Aclaris Therapeutics overvalued?
        According to Wall Street analysts Aclaris Therapeutics’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Aclaris Therapeutics pay dividends?
          Aclaris Therapeutics does not currently pay dividends.
          What is Aclaris Therapeutics’s EPS estimate?
          Aclaris Therapeutics’s EPS estimate is -$0.2.
            How many shares outstanding does Aclaris Therapeutics have?
            Aclaris Therapeutics has 71,264,786 shares outstanding.
              What happened to Aclaris Therapeutics’s price movement after its last earnings report?
              Aclaris Therapeutics reported an EPS of -$0.24 in its last earnings report, beating expectations of -$0.286. Following the earnings report the stock price went down -8.955%.
                Which hedge fund is a major shareholder of Aclaris Therapeutics?
                Among the largest hedge funds holding Aclaris Therapeutics’s share is Aisling Capital Management LP. It holds Aclaris Therapeutics’s shares valued at 456K.
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                  Company Description

                  Aclaris Therapeutics

                  Aclaris Therapeutics, Inc. operates as a dermatologist-led biopharmaceutical company, which engages in identifying, developing, and commercializing novel drugs to address the needs in medical and aesthetic dermatology and immunology. It operates through Therapeutics and Contract Research segments. The Therapeutics segment focuses in identifying, developing, and commercializing innovative and differentiated therapies to address significant unmet needs in medical and aesthetic dermatology. The Contract Research segment provides laboratory services under contract research arrangements to pharmaceutical and biotech companies. The company was founded by Neal S. Walker, Frank Ruffo, Kamil Ali-Jackson, Christopher V. Powala, and Stuart D. Shanler in July 2012 and is headquartered in Malvern, PA.
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                  ACRS Company Deck

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                  ACRS Earnings Call

                  Q1 2024
                  0:00 / 0:00
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                  ACRS Stock 12 Month Forecast

                  Average Price Target

                  $2.00
                  ▲(70.94% Upside)
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                  Best Analysts Covering ACRS

                  1 Year
                  Corinne JohnsonGoldman Sachs
                  1 Year Success Rate
                  0/4 ratings generated profit
                  0%
                  1 Year Average Return
                  -87.13%
                  reiterated a buy rating 9 months ago
                  Copying Corinne Johnson's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -87.13% per trade.
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