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Acurx Pharmaceuticals (ACXP)
NASDAQ:ACXP
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ACXP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.17 - $8.82
Previous Close$1.97
Volume53.01K
Average Volume (3M)60.20K
Market Cap
$32.00M
Enterprise Value$25.60M
Total Cash (Recent Filing)$6.40M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta0.09
Next Earnings
Nov 12, 2024EPS Estimate
-$0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.16
Shares Outstanding16,245,099
10 Day Avg. Volume44,677
30 Day Avg. Volume60,195
Standard Deviation0.45
R-Squared0.04
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)9.71
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-2.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-1.53
Forecast
1Y Price Target
$11.00Price Target Upside439.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Acurx Pharmaceuticals News
Bulls Say, Bears Say
Bulls Say
Clinical Trial ResultsIbezapolstat demonstrated a pooled clinical cure rate of 96% across two Phase 2 studies in CDI patients, showcasing its potential as a highly effective treatment option.
Regulatory ProgressManagement announced a successful end-of-Phase 2 meeting with the FDA and agreement on what a Phase 3 program should entail, indicating readiness to proceed to the next critical stage of drug development.
Strategic PartnershipsManagement is considering strategic partnerships that could provide additional capital and facilitate market entry in the EU or Japan, highlighting the company's proactive approach to global expansion and commercialization.
Bears Say
Clinical Trial RisksRisks include potential failure in the Phase 3 trial, challenges in securing regulatory approval, and the possibility of a smaller than anticipated commercial opportunity.
Drug Development DelaysThe company has moderated its price target due to an updated timeline for the Phase 3 trials start.
Financial PerformanceAcurx reported a 1Q24 net loss of $4.4M with total cash standing at $8.9M, indicating a need for careful financial management moving forward.
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Ownership Overview
13.42% Insiders
3.74% Mutual Funds
5.14% Other Institutional Investors
77.70% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ACXP FAQ
What was Acurx Pharmaceuticals’s price range in the past 12 months?
Acurx Pharmaceuticals lowest stock price was $1.17 and its highest was $8.82 in the past 12 months.
What is Acurx Pharmaceuticals’s market cap?
Currently, no data Available
When is Acurx Pharmaceuticals’s upcoming earnings report date?
Acurx Pharmaceuticals’s upcoming earnings report date is Nov 12, 2024 which is in 53 days.
How were Acurx Pharmaceuticals’s earnings last quarter?
Acurx Pharmaceuticals released its earnings results on Aug 09, 2024. The company reported -$0.26 earnings per share for the quarter, missing the consensus estimate of -$0.165 by -$0.095.
Is Acurx Pharmaceuticals overvalued?
According to Wall Street analysts Acurx Pharmaceuticals’s price is currently Undervalued.
Does Acurx Pharmaceuticals pay dividends?
Acurx Pharmaceuticals does not currently pay dividends.
What is Acurx Pharmaceuticals’s EPS estimate?
Acurx Pharmaceuticals’s EPS estimate is -$0.15.
How many shares outstanding does Acurx Pharmaceuticals have?
Acurx Pharmaceuticals has 16,245,098 shares outstanding.
What happened to Acurx Pharmaceuticals’s price movement after its last earnings report?
Acurx Pharmaceuticals reported an EPS of -$0.26 in its last earnings report, missing expectations of -$0.165. Following the earnings report the stock price went down -1.053%.
Which hedge fund is a major shareholder of Acurx Pharmaceuticals?
Currently, no hedge funds are holding shares in ACXP
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Acurx Pharmaceuticals Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$11.00 (439.22% Upside)
$11.00 (439.22% Upside)
Blogger Sentiment
Bullish
ACXP Sentiment 100%
Sector Average 71%
Sector Average 71%
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
15.88%
12-Months-Change
Fundamentals
Return on Equity
-346.94%
Trailing 12-Months
Asset Growth
-28.75%
Trailing 12-Months
Company Description
Acurx Pharmaceuticals
Acurx Pharmaceuticals Inc is a clinical stage biopharmaceutical company developing a new class of antibiotics for infections caused by bacteria listed as priority pathogens by the World Health Organization, Centers for Disease Control and Prevention, and Food and Drug Administration.
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ACXP Earnings Call
Q2 2024
0:00 / 0:00
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ACXP Stock 12 Month Forecast
Average Price Target
$11.00
▲(439.22% Upside)
Technical Analysis
Best Analysts Covering ACXP
1 Year
1 Year Success Rate
5/15 ratings generated profit
1 Year Average Return
-13.23%
reiterated a buy rating last month
Copying Ed Arce's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -13.23% per trade.
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