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Praxis Precision Medicines (PRAX)
NASDAQ:PRAX
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PRAX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$15.46 - $86.93
Previous Close$70.18
Volume1.16M
Average Volume (3M)297.19K
Market Cap
$1.31B
Enterprise Value$952.63M
Total Cash (Recent Filing)$357.03M
Total Debt (Recent Filing)$1.66M
Price to Earnings (P/E)―
Beta0.73
Next Earnings
Mar 12, 2025EPS Estimate
-$2.85Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-10.29
Shares Outstanding18,637,777
10 Day Avg. Volume214,945
30 Day Avg. Volume297,187
Standard Deviation0.34
R-Squared0.15
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)3.42
Price to Sales (P/S)815.97
Price to Cash Flow (P/CF)-11.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue594.28
Enterprise Value/Gross Profit389.30
Enterprise Value/Ebitda-6.32
Forecast
1Y Price Target
$176.25Price Target Upside143.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Praxis Precision Medicines News
PremiumCompany Announcements
Praxis Precision Medicines Reports Q3 2024 Results and Progress
Bulls Say, Bears Say
Bulls Say
Drug Efficacy And DevelopmentRelutrigine continues to show compelling efficacy as EMBOLD open label extension matures, with seizure reductions improving from 75% to 77%.
Financial StabilityExpected cash runway into 2027 suggests strong financial stability for Praxis Precision Medicines, Inc.
Reputation And ExpertiseThe company is seen as a premier precision medicine neuroscience firm, indicating a strong reputation and expertise in its field.
Bears Say
Clinical TrialsThe stock is anticipated to trend down due to the delay in the timing of the Ulixa interim analysis.
EarningsA net loss of $52M was reported, a notable increase in loss from $33M, largely due to higher operational expenses.
Financial PerformancePRAX reported an EPS of -$2.75, lower than consensus EPS of -$1.99, based on high operating expenses.
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Ownership Overview
Currently, No data available
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PRAX FAQ
What was Praxis Precision Medicines’s price range in the past 12 months?
Praxis Precision Medicines lowest stock price was $15.46 and its highest was $86.93 in the past 12 months.
What is Praxis Precision Medicines’s market cap?
Currently, no data Available
When is Praxis Precision Medicines’s upcoming earnings report date?
Praxis Precision Medicines’s upcoming earnings report date is Mar 12, 2025 which is in 81 days.
How were Praxis Precision Medicines’s earnings last quarter?
Praxis Precision Medicines released its earnings results on Nov 06, 2024. The company reported -$2.75 earnings per share for the quarter, missing the consensus estimate of -$1.989 by -$0.761.
Is Praxis Precision Medicines overvalued?
According to Wall Street analysts Praxis Precision Medicines’s price is currently Undervalued.
Does Praxis Precision Medicines pay dividends?
Praxis Precision Medicines does not currently pay dividends.
What is Praxis Precision Medicines’s EPS estimate?
Praxis Precision Medicines’s EPS estimate is -$2.85.
How many shares outstanding does Praxis Precision Medicines have?
Praxis Precision Medicines has 18,637,777 shares outstanding.
What happened to Praxis Precision Medicines’s price movement after its last earnings report?
Praxis Precision Medicines reported an EPS of -$2.75 in its last earnings report, missing expectations of -$1.989. Following the earnings report the stock price went down -1.182%.
Which hedge fund is a major shareholder of Praxis Precision Medicines?
Among the largest hedge funds holding Praxis Precision Medicines’s share is Perceptive Advisors LLC. It holds Praxis Precision Medicines’s shares valued at 67M.
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Praxis Precision Medicines Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$176.25 (143.51% Upside)
$176.25 (143.51% Upside)
Blogger Sentiment
Bullish
PRAX Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 33.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 8.9%
Last 30 Days ▼ 8.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
318.73%
12-Months-Change
Fundamentals
Return on Equity
-64.34%
Trailing 12-Months
Asset Growth
290.03%
Trailing 12-Months
Company Description
Praxis Precision Medicines
Praxis Precision Medicines Inc is a clinical-stage biopharmaceutical company. The firm is engaged in developing therapies for patients and families affected by complex and debilitating brain disorders. The firm's pipeline covers PRAX-114, PRAX-944, PRAX-562, and PRAX-222 among others.
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PRAX Earnings Call
Q3 2024
0:00 / 0:00
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PRAX Stock 12 Month Forecast
Average Price Target
$176.25
▲(143.51% Upside)
Technical Analysis
Best Analysts Covering PRAX
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+90.84%
reiterated a buy rating last month
Copying Joon Lee's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +90.84% per trade.
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