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Corcept Therapeutics Inc. (CORT)
NASDAQ:CORT
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CORT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$20.84 - $61.66
Previous Close$55.92
Volume146.47K
Average Volume (3M)958.57K
Market Cap
$5.92B
Enterprise Value$5.49B
Total Cash (Recent Filing)$380.34M
Total Debt (Recent Filing)$6.79M
Price to Earnings (P/E)44.5
Beta0.93
Next Earnings
Feb 12, 2025EPS Estimate
$0.38Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.26
Shares Outstanding104,775,137
10 Day Avg. Volume1,015,241
30 Day Avg. Volume958,565
Standard Deviation0.14
R-Squared0.03
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)9.20
Price to Sales (P/S)9.05
Price to Cash Flow (P/CF)19.30
P/FCF Ratio19.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.73
Enterprise Value/Gross Profit11.53
Enterprise Value/Ebitda33.72
Forecast
1Y Price Target
$74.63Price Target Upside32.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Corcept Therapeutics News
PremiumCompany Announcements
Corcept Therapeutics Reports Strong Q3 Results and Positive Trial Outcomes
PremiumCompany Announcements
Corcept Therapeutics Reports Strong Revenue and Future Plans
Bulls Say, Bears Say
Bulls Say
Market PotentialThe recent prevalence data from the CATALYST study coupled with increasing real-world experience of physicians increasing use in patients with hypercortisolism and uncontrolled T2D adds an additional 1.2M patients to the TAM.
Product ExpansionThe company is expanding into other disease areas, including oncology and metabolic disorders, with an ongoing Phase III trial in platinum-resistant ovarian cancer and earlier phase trials in prostate cancer, amyotrophic lateral sclerosis (ALS), and metabolic dysfunction-associated steatohepatitis (MASH).
Revenue GrowthKorlym sales revenue was $163.8M for the quarter, and beat both our estimate and the Street consensus.
Bears Say
InvestigationsTEVA's accusations of doctor kickbacks is essentially a re-hash of the ongoing NJ USAO's investigations into CORT's sales practices.
Legal IssuesTEVA filed a lawsuit against CORT claiming Korlym's orphan pricing is egregious and that some of CORT's patents are invalid.
Market UncertaintyWith a much greater TAM and pricing in Orphan disease territory, how much begins to be too much for a payer to bear is a very difficult scenario to model for as there are many possible outcomes.
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Ownership Overview
15.01% Insiders
18.08% Mutual Funds
19.58% Other Institutional Investors
23.24% 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
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CORT FAQ
What was Corcept Therapeutics Inc.’s price range in the past 12 months?
Corcept Therapeutics Inc. lowest stock price was $20.84 and its highest was $61.66 in the past 12 months.
What is Corcept Therapeutics Inc.’s market cap?
Currently, no data Available
When is Corcept Therapeutics Inc.’s upcoming earnings report date?
Corcept Therapeutics Inc.’s upcoming earnings report date is Feb 12, 2025 which is in 81 days.
How were Corcept Therapeutics Inc.’s earnings last quarter?
Corcept Therapeutics Inc. released its earnings results on Oct 30, 2024. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.282 by $0.128.
Is Corcept Therapeutics Inc. overvalued?
According to Wall Street analysts Corcept Therapeutics Inc.’s price is currently Undervalued.
Does Corcept Therapeutics Inc. pay dividends?
Corcept Therapeutics Inc. does not currently pay dividends.
What is Corcept Therapeutics Inc.’s EPS estimate?
Corcept Therapeutics Inc.’s EPS estimate is $0.38.
How many shares outstanding does Corcept Therapeutics Inc. have?
Corcept Therapeutics Inc. has 104,775,140 shares outstanding.
What happened to Corcept Therapeutics Inc.’s price movement after its last earnings report?
Corcept Therapeutics Inc. reported an EPS of $0.41 in its last earnings report, beating expectations of $0.282. Following the earnings report the stock price went up 4.436%.
Which hedge fund is a major shareholder of Corcept Therapeutics Inc.?
Among the largest hedge funds holding Corcept Therapeutics Inc.’s share is Royce & Associates LLC. It holds Corcept Therapeutics Inc.’s shares valued at 17M.
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Corcept Therapeutics Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$74.63 (32.11% Upside)
$74.63 (32.11% Upside)
Blogger Sentiment
Bullish
CORT Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 49.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $110.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 7.2%
Last 30 Days ▲ 18.2%
Last 30 Days ▲ 18.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
119.98%
12-Months-Change
Fundamentals
Return on Equity
25.53%
Trailing 12-Months
Asset Growth
32.02%
Trailing 12-Months
Company Description
Corcept Therapeutics Inc.
Corcept Therapeutics, Inc. is a commercial-stage pharmaceutical company, which engages in the discovery, development and commercialization of medications to treat severe metabolic, oncologic and psychiatric disorders. It focuses on the development of drugs for disorders that are associated with a steroid hormone called cortisol. Its products include korlym and korlym support. The company was founded by David B. Singer and Joseph K. Belanoff on May 13, 1998 and is headquartered in Menlo Park, CA.
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CORT Earnings Call
Q3 2024
0:00 / 0:00
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CORT Stock 12 Month Forecast
Average Price Target
$74.63
▲(32.11% Upside)
Technical Analysis
ACADIA Pharmaceuticals
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Pacira Pharmaceuticals
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Cytokinetics
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Axsome Therapeutics
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Best Analysts Covering CORT
1 Year
1 Year Success Rate
15/16 ratings generated profit
1 Year Average Return
+59.86%
reiterated a buy rating 24 days ago
Copying Edward Nash's trades and holding each position for 1 Year would result in 93.75% of your transactions generating a profit, with an average return of +59.86% per trade.
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