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Cytokinetics (CYTK)
NASDAQ:CYTK
Cytokinetics (CYTK) Stock Price & Analysis
929 Followers
CYTK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.98 - $110.25
Previous Close$69
Volume331.27K
Average Volume (3M)2.15M
Market Cap
$7.08B
Enterprise Value$6.70B
Total Cash (Recent Filing)$614.82M
Total Debt (Recent Filing)$206.78M
Price to Earnings (P/E)-12.7
Beta0.81
Next Earnings
May 02, 2024EPS Estimate
-$1.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.45
Shares Outstanding103,004,710
10 Day Avg. Volume943,080
30 Day Avg. Volume2,145,194
Standard Deviation0.24
R-Squared0.02
Alpha0.05
Financial Highlights & Ratios
Price to Book (P/B)-18.13
Price to Sales (P/S)943.87
Price to Cash Flow (P/CF)-23.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue890.19
Enterprise Value/Gross Profit890.19
Enterprise Value/Ebitda-18.88
Forecast
1Y Price Target
$100.42Price Target Upside46.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Cytokinetics News
Bulls Say, Bears Say
Bulls Say
Drug EfficacyAficamten shows potential as a best-in-class cardiac myosin inhibitor, with a differentiated pharmacology that may offer superior safety and equivalent efficacy based on SEQUOIA-HCM trial results.
Market ExpansionCytokinetics' aficamten could significantly expand the market for cardiac myosin inhibitors by offering benefits to patients with hypertrophic cardiomyopathy who remain symptomatic despite current therapies.
Regulatory ProgressRecent clinical trial data has been supportive for regulatory discussions, suggesting a strong profile for aficamten and a differentiated approach to patient treatment.
Bears Say
Drug Efficacy And SafetyConcerns arise from aficamten's unclear competitive edge in efficacy and safety over similar molecules.
Financial HealthThe financial guidance indicates significant operational expenses, but the current cash balance and additional funding sources are expected to provide a cash runway for approximately two years.
Regulatory ChallengesQuestions regarding a lesser REMS program may not be answered until FDA approval.
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Ownership Overview
17.02% Insiders
37.95% Mutual Funds
20.64% Other Institutional Investors
24.39% 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 AvailableThere is no website visitor data available for this stock.
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CYTK FAQ
What was Cytokinetics’s price range in the past 12 months?
Cytokinetics lowest stock price was $25.98 and its highest was $110.25 in the past 12 months.
What is Cytokinetics’s market cap?
Currently, no data Available
When is Cytokinetics’s upcoming earnings report date?
Cytokinetics’s upcoming earnings report date is May 02, 2024 which is in 14 days.
How were Cytokinetics’s earnings last quarter?
Cytokinetics released its earnings results on Feb 27, 2024. The company reported -$1.38 earnings per share for the quarter, missing the consensus estimate of -$0.958 by -$0.422.
Is Cytokinetics overvalued?
According to Wall Street analysts Cytokinetics’s price is currently Undervalued.
Does Cytokinetics pay dividends?
Cytokinetics does not currently pay dividends.
What is Cytokinetics’s EPS estimate?
Cytokinetics’s EPS estimate is -$1.14.
How many shares outstanding does Cytokinetics have?
Cytokinetics has 104,576,090 shares outstanding.
What happened to Cytokinetics’s price movement after its last earnings report?
Cytokinetics reported an EPS of -$1.38 in its last earnings report, missing expectations of -$0.958. Following the earnings report the stock price went down -9.754%.
Which hedge fund is a major shareholder of Cytokinetics?
Among the largest hedge funds holding Cytokinetics’s share is Farallon Capital Management, L.L.C.. It holds Cytokinetics’s shares valued at 91M.
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Cytokinetics Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$100.42 (46.26% Upside)
$100.42 (46.26% Upside)
Blogger Sentiment
Bullish
CYTK Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 5.2%
Last 30 Days ▲ 5.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
98.38%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-18.77%
Trailing 12-Months
Company Description
Cytokinetics
Cytokinetics, Inc. operates as a biopharmaceutical company, which focuses on the discovery and development of muscle activators as potential treatment for debilitating diseases. It conducts a Phase 2 clinical trials program for tirasemtiv, including a Phase 2b clinical trial in patients with ALS, known as BENEFIT-ALS (Blinded Evaluation of Neuromuscular Effects and Functional Improvement with Tirasemtiv in ALS). The company was founded on August 5, 1997 and is headquartered in South San Francisco, CA.
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CYTK Earnings Call
Q4 2024
0:00 / 0:00
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CYTK Stock 12 Months Forecast
Average Price Target
$100.42
▲(46.26% Upside)
Technical Analysis
Best Analysts Covering CYTK
1 Year
1 Year Success Rate
19/26 ratings generated profit
1 Year Average Return
+39.99%
reiterated a buy rating 4 months ago
Copying Charles Duncan's trades and holding each position for 1 Year would result in 73.08% of your transactions generating a profit, with an average return of +39.99% per trade.
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