PTC Therapeutics Inc

PTC Therapeutics Inc Stock Forecast & Price Prediction

Live PTC Therapeutics Inc Stock (PTCT) Price
$25.91

7

Ratings

  • Buy 2
  • Hold 2
  • Sell 3
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$25.91

P/E Ratio

P/E Ratio not available for PTCT

Volume Traded Today

$1.1M

Dividend

Dividends not available for PTCT

52 Week High/low

59.84/17.53

PTC Therapeutics Inc Market Cap

$1.96B

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PTCT Summary

Based on ratings from 7 stock analysts, the PTC Therapeutics Inc stock price is expected to increase by 10.27% in 12 months. This is calculated by using the average 12-month stock price forecast for PTC Therapeutics Inc. The lowest target is $17.00 and the highest is $51.00. Please note analyst price targets are not guaranteed and could be missed completely.

PTCT Analyst Ratings

PTC Therapeutics Inc has a total of 7 Wall St Analyst ratings. There are 2 buy ratings, 2 ratings, and 3 sell ratings. Since most analysts have a sell consensus rating, the expectation is that PTC Therapeutics Inc will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

PTCT stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

paul choi
Goldman Sachs

Sell

$18.0

reiterated

Jan 26, 2024
brian abrahams
RBC Capital

Hold

$22.0

maintained

Jan 25, 2024
sami corwin
William Blair

Buy

None

maintained

Jan 25, 2024
david lebovitz
Citi

Sell

$17.0

maintained

Jan 18, 2024
joseph schwartz
Leerink Partners

Hold

None

reiterated

Jan 10, 2024
tiago fauth
Wells Fargo

Buy

$37.0

initiatedcoverage

Jan 8, 2024
jeffrey hung
Morgan Stanley

Sell

$28.0

downgraded

Dec 19, 2023
tazeen ahmad
Bank of America Securities

Sell

$20.0

maintained

Dec 18, 2023
robyn karnauskas
Truist Financial

Hold

$25.0

maintained

Nov 21, 2023
kristen kluska
Cantor Fitzgerald

Buy

$51.0

maintained

Nov 19, 2023
gena wang
Barclays

Hold

$25.0

maintained

Oct 27, 2023
chris shibutani
Goldman Sachs

Sell

$20.0

maintained

Oct 27, 2023
joseph thome
TD Cowen

Hold

$32.0

maintained

Oct 26, 2023
eric joseph
J.P. Morgan

Buy

$45.0

maintained

Oct 26, 2023
kelly shi
Jefferies

Buy

$56.0

maintained

Sep 18, 2023
danielle brill
Raymond James

Sell

None

downgraded

Sep 15, 2023
colin bristow
UBS

Hold

$47.0

maintained

Aug 8, 2023
andrew galler
Morgan Stanley

Hold

$50.0

maintained

Jun 30, 2023
judah frommer
Credit Suisse

Hold

$50.0

maintained

May 24, 2023
yigal nochomovitz
Citi

Buy

$63.0

rated

May 24, 2023

PTCT Company Information

PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to patients with rare disorders. Its portfolio pipeline includes commercial products and product candidates in various stages of development, including clinical, pre-clinical and research and discovery stages, focuses on the development of treatments for multiple therapeutic areas, such as rare diseases. The company offers Translarna and Emflaza for the treatment of Duchenne muscular dystrophy in the European Economic Area and the United States, as well as to treat nonsense mutation Duchenne muscular dystrophy in Brazil and Russia; commercializes Tegsedi and Waylivra for the treatment of rare diseases in Latin America and the Caribbean; and markets Evrysdi for the treatment of spinal muscular atrophy in adults and children two months and older in Brazil. The company's splicing platform includes PTC518, which is being developed for the treatment of Huntington's disease; bio-e platform, such as vatiquinone and utreloxastat; metabolic platform comprising sepiapterin; gene therapy platform, including an asset targeting Friedreich ataxia; oncology platform, such as Unesbulin; and other multi-platform. PTC Therapeutics, Inc. has collaborations with F. Hoffman-La Roche Ltd and Hoffman-La Roche Inc., as well as the Spinal Muscular Atrophy Foundation to advance drug discovery and development research in regenerative medicine; and Akcea Therapeutics, Inc. to commercialize Tegsedi and Waylivra for the treatment of rare diseases in Latin America and the Caribbean. PTC Therapeutics, Inc. was incorporated in 1998 and is headquartered in South Plainfield, New Jersey.

PTCT
PTC Therapeutics Inc (PTCT)

When did it IPO

2013

Staff Count

1,402

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Dr. Matthew B. Klein F.A.C.S., M.D., M.S.

Market Cap

$1.96B

PTC Therapeutics Inc(PTCT) Financial Data

In 2023, PTCT generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that PTCT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $798.2M
  • Operating Margin TTM -0.59%
  • Gross profit TTM $654.1M
  • Return on assets TTM -0.23%
  • Return on equity TTM 1.61%
  • Profit margin -0.80396%
  • Book value -8.89%
  • Market capitalisation $1.96B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year -8.67
  • EPS next year N/A

PTC Therapeutics Inc(PTCT) Latest News

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PTCT Frequently asked questions

The highest forecasted price for PTCT is $51.00 from kristen kluska at Cantor Fitzgerald.

The lowest forecasted price for PTCT is $17.00 from david lebovitz from Citi

The PTCT analyst ratings consensus are 2 buy ratings, 2 hold ratings, and 3 sell ratings.