Vericel Corporation (VCEL)

NASDAQ: VCEL · IEX Real-Time Price · USD
48.35
+0.74 (1.55%)
May 17, 2024, 4:00 PM EDT - Market closed
1.55%
Market Cap 2.35B
Revenue (ttm) 207.78M
Net Income (ttm) 451,000
Shares Out 48.60M
EPS (ttm) 0.01
PE Ratio 4,835.00
Forward PE 499.65
Dividend n/a
Ex-Dividend Date n/a
Volume 198,594
Open 47.79
Previous Close 47.61
Day's Range 47.09 - 48.54
52-Week Range 30.18 - 53.05
Beta 1.75
Analysts Strong Buy
Price Target 46.00 (-4.86%)
Earnings Date May 8, 2024

About VCEL

Vericel Corporation, a commercial-stage biopharmaceutical company, engages in the research, development, manufacture, and distribution of cellular therapies for sports medicine and severe burn care markets in North America. The company markets autologous cell therapy products comprising MACI, an autologous cultured chondrocytes on porcine collagen membrane for the repair of symptomatic, and single or multiple full-thickness cartilage defects of the knee; Epicel, a permanent skin replacement humanitarian use device for the treatment of adult and... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Feb 4, 1997
Employees 314
Stock Exchange NASDAQ
Ticker Symbol VCEL
Full Company Profile

Financial Performance

In 2023, Vericel's revenue was $197.52 million, an increase of 20.17% compared to the previous year's $164.37 million. Losses were -$3.18 million, -80.96% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for VCEL stock is "Strong Buy." The 12-month stock price forecast is $46.0, which is a decrease of -4.86% from the latest price.

Price Target
$46.0
(-4.86% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Vericel Reports First Quarter 2024 Financial Results and Raises Full-Year 2024 Financial Guidance

Total Revenue Increased 25% to $51.3 Million Record First Quarter MACI Revenue of $40.2 Million and Burn Care Revenue Growth of 63% Adjusted EBITDA Growth of 325% Full-Year 2024 Revenue Guidance Raise...

10 days ago - GlobeNewsWire

Vericel to Report First-Quarter 2024 Financial Results on May 8, 2024

CAMBRIDGE, Mass., April 24, 2024 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that it wil...

24 days ago - GlobeNewsWire

Vericel Reports Fourth Quarter and Full-Year 2023 Financial Results and Provides Full-Year 2024 Financial Guidance

Full-Year 2023 Total Revenue Growth of 20% to $197.5 Million, with Adjusted EBITDA Growth of 40% Fourth Quarter Total Revenue Growth of 23% to $65.0 Million, with Adjusted EBITDA Growth of 50% Fourth ...

2 months ago - GlobeNewsWire

Vericel to Present at the TD Cowen 44th Annual Health Care Conference on Tuesday, March 5, 2024

CAMBRIDGE, Mass., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that Nick Co...

2 months ago - GlobeNewsWire

Vericel to Report Fourth-Quarter and Full-Year 2023 Financial Results on February 29, 2024

CAMBRIDGE, Mass., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that it will...

3 months ago - GlobeNewsWire

Vericel to Present at the Canaccord Genuity Musculoskeletal Conference on Monday, February 12, 2024

CAMBRIDGE, Mass., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that Nick Co...

3 months ago - GlobeNewsWire

Vericel Announces Preliminary Full-Year and Fourth Quarter 2023 Financial Results

Full-Year Total Revenue Expected to be Approximately $197.5 Million, Representing 20% Growth, with Fourth Quarter Revenue Growth of 23% to $65 Million

4 months ago - GlobeNewsWire

Vericel to Present at the 42nd Annual J.P. Morgan Healthcare Conference on Wednesday, January 10, 2024

CAMBRIDGE, Mass., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that Nick Co...

4 months ago - GlobeNewsWire

Vericel Reports Third Quarter 2023 Financial Results and Raises Full-Year 2023 Financial Guidance

Record Third Quarter Revenue of $45.6 Million, Representing 18% Growth versus Prior Year MACI Revenue Growth of 21% to $37.6 Million Full-Year 2023 Revenue Guidance Raised to $192.5-197.5 Million Conf...

6 months ago - GlobeNewsWire

Vericel to Present at the Stephens Annual Investment Conference

CAMBRIDGE, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that Nick Co...

6 months ago - GlobeNewsWire

Vericel to Report Third-Quarter 2023 Financial Results on November 8, 2023

CAMBRIDGE, Mass., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that it will...

7 months ago - GlobeNewsWire

Vericel Announces Publication of Positive Results from Phase 3 Debride and Protect (DETECT) Study of Thermal Burn Patients Treated with NexoBrid

Data published in the Journal of Burn Care & Research show treatment with NexoBrid resulted in early complete eschar removal in more than 90% of treated patients, and reduced surgery when compared to ...

8 months ago - GlobeNewsWire

Vericel Announces U.S. Commercial Availability of NexoBrid® (anacaulase-bcdb) for the Treatment of Severe Thermal Burns in Adults

Full commercial launch of NexoBrid marks important first step to becoming the new standard of care for eschar removal in patients with deep partial- and/or full- thickness thermal burns

8 months ago - GlobeNewsWire

Vericel to Present at the Morgan Stanley Global Healthcare Conference

CAMBRIDGE, Mass., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that Nick C...

9 months ago - GlobeNewsWire

Vericel Reports Second Quarter 2023 Financial Results and Raises Full-Year 2023 Financial Guidance

Record Second Quarter Total Revenue of $45.9 Million, Representing 24% Growth versus Prior Year MACI Revenue Growth of 27% to $36.3 Million Epicel Revenue Growth of 17% to $9.6 Million Full-Year 2023 ...

10 months ago - GlobeNewsWire

Vericel to Report Second-Quarter 2023 Financial Results on August 2, 2023

CAMBRIDGE, Mass., July 20, 2023 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that it will...

10 months ago - GlobeNewsWire

Vericel Reports First Quarter 2023 Financial Results and Raises Full-Year 2023 Financial Guidance

Record First Quarter Total Revenue of $41 Million MACI Revenue Increased 32% to $34.2 Million Full-Year 2023 Revenue Guidance Raised to $184-$192 Million Conference Call Today at 8:30am Eastern Time C...

1 year ago - GlobeNewsWire

Dimension Inx announces the addition of biotech industry leaders Paul K. Wotton, Ph.D.

CHICAGO , May 2, 2023 /PRNewswire/ -- Dimension Inx, a biomaterials platform company developing therapeutics that restore tissue and organ function, announced today the appointments of Paul K. Wotton,...

1 year ago - PRNewsWire

Vericel to Report First-Quarter 2023 Financial Results on May 10, 2023

CAMBRIDGE, Mass., April 26, 2023 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that it wil...

1 year ago - GlobeNewsWire

Vericel to Present at the Canaccord Genuity Musculoskeletal Conference on Tuesday, March 7, 2023

CAMBRIDGE, Mass., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that Nick Co...

1 year ago - GlobeNewsWire

Vericel Reports Fourth Quarter and Full-Year 2022 Financial Results and Provides Full-Year 2023 Financial Guidance

Record Fourth Quarter Total Revenue of $52.7 Million and 31% Net Income Growth

1 year ago - GlobeNewsWire

Vericel to Report Fourth-Quarter 2022 Financial Results on February 23, 2023

CAMBRIDGE, Mass., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that it will...

1 year ago - GlobeNewsWire

Vericel Announces Preliminary Fourth-Quarter and Full-Year 2022 Financial Results and Accelerated Launch Timeline for MACI Arthroscopic Program

Full-Year Total Revenue Expected to be Approximately $164 to $165 Million

1 year ago - GlobeNewsWire

Kytopen Appoints Paul K. Wotton, Ph.D.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Kytopen, an MIT-spin out and biotechnology company leading advancements in novel high-throughput cellular and genome engineering platforms, today announced the app...

1 year ago - Business Wire

Vericel to Present at the 41st Annual J.P. Morgan Healthcare Conference on Wednesday, January 11, 2023

CAMBRIDGE, Mass., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that Nick Co...

1 year ago - GlobeNewsWire