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Acurx Pharmaceuticals (ACXP)
NASDAQ:ACXP
Acurx Pharmaceuticals (ACXP) Stock Price & Analysis
114 Followers
ACXP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.17 - $8.82
Previous Close$2.43
Volume18.37K
Average Volume (3M)60.03K
Market Cap
$37.98M
Enterprise Value$29.55M
Total Cash (Recent Filing)$8.90M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta0.23
Next Earnings
Aug 09, 2024EPS Estimate
-$0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.19
Shares Outstanding15,843,102
10 Day Avg. Volume32,414
30 Day Avg. Volume60,031
Standard Deviation0.47
R-Squared0.04
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)6.15
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-3.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-2.34
Forecast
1Y Price Target
$11.00Price Target Upside358.33% 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
13.78% Insiders
3.84% Mutual Funds
5.02% Other Institutional Investors
77.35% 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 Aug 09, 2024 which is in 18 days.
How were Acurx Pharmaceuticals’s earnings last quarter?
Acurx Pharmaceuticals released its earnings results on May 15, 2024. The company reported -$0.28 earnings per share for the quarter, missing the consensus estimate of -$0.15 by -$0.13.
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 -$0.17.
How many shares outstanding does Acurx Pharmaceuticals have?
Acurx Pharmaceuticals has 15,823,102 shares outstanding.
What happened to Acurx Pharmaceuticals’s price movement after its last earnings report?
Acurx Pharmaceuticals reported an EPS of -$0.28 in its last earnings report, missing expectations of -$0.15. Following the earnings report the stock price went up 7.656%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$11.00 (358.33% Upside)
$11.00 (358.33% Upside)
Blogger Sentiment
Bullish
ACXP Sentiment 100%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Very Negative
Last 7 Days ▲ 2.0%
Last 30 Days ▼ 5.6%
Last 30 Days ▼ 5.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.50%
12-Months-Change
Fundamentals
Return on Equity
-283.87%
Trailing 12-Months
Asset Growth
23.34%
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
Q1 2024
0:00 / 0:00
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ACXP Stock 12 Month Forecast
Average Price Target
$11.00
▲(358.33% Upside)
Technical Analysis
Best Analysts Covering ACXP
1 Year
1 Year Success Rate
6/14 ratings generated profit
1 Year Average Return
-2.09%
reiterated a buy rating 2 months ago
Copying Ed Arce's trades and holding each position for 1 Year would result in 42.86% of your transactions generating a profit, with an average return of -2.09% per trade.
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