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Coherus Biosciences (CHRS)
NASDAQ:CHRS
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CHRS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.66 - $3.70
Previous Close$0.82
Volume3.53M
Average Volume (3M)2.50M
Market Cap
$94.47M
Enterprise Value$224.68M
Total Cash (Recent Filing)$97.69M
Total Debt (Recent Filing)$227.89M
Price to Earnings (P/E)―
Beta1.89
Next Earnings
Feb 27, 2025EPS Estimate
-$0.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding115,213,407
10 Day Avg. Volume3,349,888
30 Day Avg. Volume2,497,355
Standard Deviation0.17
R-Squared0.04
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)-1.12
Price to Sales (P/S)0.31
Price to Cash Flow (P/CF)0.40
P/FCF Ratio0.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.74
Enterprise Value/Gross Profit2.29
Enterprise Value/Ebitda6.03
Forecast
1Y Price Target
$6.13Price Target Upside652.15% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Coherus Biosciences News
PremiumCompany Announcements
Coherus BioSciences Reports Strong Q3 2024 Growth
PremiumCompany Announcements
Coherus Biosciences Manages UDENYCA Supply Interruption and Cost Reductions
Bulls Say, Bears Say
Bulls Say
Market PositionUdenyca maintained 2nd position in the pegfilgrastim class with 28% market share.
Product DifferentiationThe three presentation options for Udenyca differentiate it from other pegfilgrastim biosimilar manufacturers as well as the originator Amgen's Neulasta franchise.
Revenue GrowthQ3 revenue was well above the estimate with Udenyca sales significantly surpassing expectations.
Bears Say
Financial OutlookManagement's lack of commitment to cash flow positivity in 2024 could weigh on the stock.
Market ChallengesThe launch of Loqtorzi can be underwhelming due to its niche market segment and small patient population in the US.
Supply Chain IssuesThe company disclosed that its U.S.-based Contract Manufacturing Organization for final packaging informed the company of its over-commitments and capacity constraints, causing a temporary Udenyca supply interruption.
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Ownership Overview
1.31% Insiders
14.91% Mutual Funds
3.86% Other Institutional Investors
68.79% 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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CHRS FAQ
What was Coherus Biosciences’s price range in the past 12 months?
Coherus Biosciences lowest stock price was $0.66 and its highest was $3.70 in the past 12 months.
What is Coherus Biosciences’s market cap?
Currently, no data Available
When is Coherus Biosciences’s upcoming earnings report date?
Coherus Biosciences’s upcoming earnings report date is Feb 27, 2025 which is in 109 days.
How were Coherus Biosciences’s earnings last quarter?
Coherus Biosciences released its earnings results on Nov 06, 2024. The company reported -$0.09 earnings per share for the quarter, beating the consensus estimate of -$0.163 by $0.073.
Is Coherus Biosciences overvalued?
According to Wall Street analysts Coherus Biosciences’s price is currently Undervalued.
Does Coherus Biosciences pay dividends?
Coherus Biosciences does not currently pay dividends.
What is Coherus Biosciences’s EPS estimate?
Coherus Biosciences’s EPS estimate is -$0.28.
How many shares outstanding does Coherus Biosciences have?
Coherus Biosciences has 115,213,410 shares outstanding.
What happened to Coherus Biosciences’s price movement after its last earnings report?
Coherus Biosciences reported an EPS of -$0.09 in its last earnings report, beating expectations of -$0.163. Following the earnings report the stock price went up 13.889%.
Which hedge fund is a major shareholder of Coherus Biosciences?
Among the largest hedge funds holding Coherus Biosciences’s share is Woodline Partners LP. It holds Coherus Biosciences’s shares valued at 558K.
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Coherus Biosciences Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$6.13 (652.15% Upside)
$6.13 (652.15% Upside)
Blogger Sentiment
Bullish
CHRS Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 219.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-59.85%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-13.50%
Trailing 12-Months
Company Description
Coherus Biosciences
Coherus BioSciences, Inc. is a commercial-stage clinical biologics platform company, which engages in the development and commercialization of biosimilar therapeutics. Its clinical products include pegfilgrastim biosimilar, adalimumab biosimilar, etanercept biosimilar, ranibizumab biosimilar, and aflibercept biosimilar. The company was founded by Dennis M. Lanfear, Stuart E. Builder, Dr. Alan Herman, Doug Farrar and Steve Glover in September 2010 and is headquartered in Redwood City, CA.
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CHRS Earnings Call
Q3 2024
0:00 / 0:00
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CHRS Stock 12 Month Forecast
Average Price Target
$6.13
▲(652.15% Upside)
Technical Analysis
Best Analysts Covering CHRS
1 Year
1 Year Success Rate
2/23 ratings generated profit
1 Year Average Return
-42.23%
reiterated a buy rating 3 months ago
Copying Balaji Prasad's trades and holding each position for 1 Year would result in 8.70% of your transactions generating a profit, with an average return of -42.23% per trade.
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