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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$1.47
Volume1.06M
Average Volume (3M)5.27M
Market Cap
$169.36M
Enterprise Value$299.56M
Total Cash (Recent Filing)$97.69M
Total Debt (Recent Filing)$227.89M
Price to Earnings (P/E)―
Beta2.47
Next Earnings
Feb 27, 2025EPS Estimate
-$0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding115,213,407
10 Day Avg. Volume2,949,393
30 Day Avg. Volume5,272,653
Standard Deviation0.19
R-Squared0.06
Alpha-0.04
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)-1.93
Price to Sales (P/S)0.56
Price to Cash Flow (P/CF)-0.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.98
Enterprise Value/Gross Profit3.05
Enterprise Value/Ebitda8.03
Forecast
1Y Price Target
$7.00Price Target Upside371.38% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Coherus Biosciences News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCoherus scored a big win with its announced divestiture of the Udenyca franchise for ~$483.4M upfront cash payment, giving the company the ability to largely eliminate debt from its balance sheet which has been the key overhang on shares.
Market PerformanceQ3 revenue was well above the estimate with Udenyca sales significantly surpassing expectations.
Product RecognitionLoqtorzi is establishing its commercial value with the recent update of the National Comprehensive Cancer Network (NCCN) guidelines in which Loqtorzi is now the only preferred regimen in combination with chemo for the treatment of advanced nasopharyngeal carcinoma (NPC) in the first line setting and beyond.
Bears Say
Demand DeclineBecause of the temporary supply disruption caused by the CMO, demand for Udenyca slipped 3% quarter over quarter.
Revenue ExpectationsLowering 2025-2026 revenues to reflect more moderate year-over-year growth expectations.
Supply Chain DisruptionCapacity constraints at its contract manufacturing organization (CMO) will result in a disruption of Udenyca supply.
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Ownership Overview
1.32% Insiders
14.90% Mutual Funds
24.05% Other Institutional Investors
49.42% 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 63 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 -$0.31.
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 Graham Capital Management, L.P.. It holds Coherus Biosciences’s shares valued at 71K.
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Coherus Biosciences Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$7.00 (371.38% Upside)
$7.00 (371.38% Upside)
Blogger Sentiment
Bullish
CHRS Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 289.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 5.3%
Last 30 Days ▲ 5.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.22%
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
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue growth for UDENYCA and LOQTORZI, improved financial performance, and promising pipeline advancements. However, challenges included a supply interruption affecting UDENYCA and a net loss, though financial losses were reduced compared to the previous year.Read More>---
CHRS Stock 12 Month Forecast
Average Price Target
$7.00
▲(371.38% Upside)
Technical Analysis
Best Analysts Covering CHRS
1 Year
1 Year Success Rate
4/24 ratings generated profit
1 Year Average Return
-27.99%
reiterated a buy rating last month
Copying Balaji Prasad's trades and holding each position for 1 Year would result in 16.67% of your transactions generating a profit, with an average return of -27.99% per trade.
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