Assertio Holdings, Inc. (ASRT)

NASDAQ: ASRT · Real-Time Price · USD
0.950
-0.025 (-2.55%)
At close: Nov 20, 2024, 4:00 PM
0.940
-0.010 (-1.04%)
After-hours: Nov 20, 2024, 5:47 PM EST
-2.55%
Market Cap 90.57M
Revenue (ttm) 125.76M
Net Income (ttm) -68.49M
Shares Out 95.34M
EPS (ttm) -0.72
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 410,451
Open 0.980
Previous Close 0.975
Day's Range 0.925 - 0.996
52-Week Range 0.730 - 1.800
Beta 0.83
Analysts Strong Buy
Price Target 3.19 (+235.79%)
Earnings Date Nov 11, 2024

About ASRT

Assertio Holdings, Inc., a commercial pharmaceutical company, provides various products to patients in the United States. Its pharmaceutical products include INDOCIN, an oral and suppository solution for the treatment of moderate to severe rheumatoid arthritis, including acute flares of chronic disease; ankylosing spondylitis and osteoarthritis; and acute painful shoulder and gouty arthritis. It also provides Sympazan, a benzodiazepine for the adjunctive treatment of seizures related with lennox-gastaut syndrome in patients aged two years of ag... [Read more]

Sector Healthcare
IPO Date Nov 5, 1997
Employees 53
Stock Exchange NASDAQ
Ticker Symbol ASRT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ASRT stock is "Strong Buy." The 12-month stock price forecast is $3.19, which is an increase of 235.79% from the latest price.

Price Target
$3.19
(235.79% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Buxton Helmsley Calls for Senate Hearing on Well-Documented Evident Clinical Data Fraud at Assertio

NEW YORK--(BUSINESS WIRE)--The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), a New York City-based investment fund manager that recently inverted its long equit...

5 days ago - Business Wire

Assertio Holdings, Inc. (ASRT) Q3 2024 Earnings Call Transcript

Call Start: 16:30 January 1, 0000 5:03 PM ET Assertio Holdings, Inc. (NASDAQ:ASRT) Q3 2024 Earnings Conference Call November 11, 2024 04:30 PM ET Company Participants Matthew Kreps - Darrow Associate...

9 days ago - Seeking Alpha

Assertio Reports Third Quarter 2024 Financial Results

Third Quarter Total Net Product Sales of $28.7 Million Rolvedon Net Product Sales of $15.0 Million  Cash and Short-Term Investments of $88.6 Million LAKE FOREST, Ill., Nov. 11, 2024 (GLOBE NEWSWIRE) -...

9 days ago - GlobeNewsWire

Buxton Helmsley Releases Evidence of Product-Related Fraud at Assertio

NEW YORK--(BUSINESS WIRE)--The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), a New York City-based investment fund manager that has inverted its long equity pos...

9 days ago - Business Wire

Assertio Provides Response to Letter from Short-seller

Claims about Rolvedon and Assertio's Accounting Practices are False and Baseless Short-seller's Press Release is Another Improper Attempt to Enrich Himself at Assertio's Expense Company Considering Ta...

9 days ago - GlobeNewsWire

Buxton Helmsley Issues Letter to Assertio Stockholders Disclosing Inversion to Short Position Following Board Refusal to Address Product-Related Fraud

NEW YORK--(BUSINESS WIRE)--The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), a New York City-based investment fund manager that has now inverted its long equity...

12 days ago - Business Wire

Assertio to Participate in the Maxim Group Healthcare Virtual Summit on October 15, 2024

LAKE FOREST, Ill., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering ...

5 weeks ago - GlobeNewsWire

Assertio Holdings, Inc. Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

LAKE FOREST, Ill., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (NASDAQ: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering ...

6 weeks ago - GlobeNewsWire

Assertio Holdings: Management Change Could Improve Comeback Chances

After losing exclusivity with its prior flagship drug, pharma firm Assertio Holdings (ASRT) is angling for a comeback with a new flagship drug product. However, Assertio's latest fiscal results were m...

2 months ago - Seeking Alpha

Assertio to Participate in the HC Wainwright and Lake Street Conferences in New York City September 10-12, 2024

LAKE FOREST, Ill., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering...

2 months ago - GlobeNewsWire

Assertio Holdings, Inc. (ASRT) Q2 2024 Earnings Call Transcript

Assertio Holdings, Inc. (NASDAQ:ASRT) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Matthew Kreps - Darrow Associates, IR Brendan O'Grady - Chief Executive Officer A...

3 months ago - Seeking Alpha

Assertio Reports Second Quarter 2024 Financial Results

Second Quarter Total Net Product Sales of $30.7 Million Rolvedon Growth Continues, with $15.1 million in Net Product Sales $7.4 Million in Cash Flow from Operations, Cash and Short-Term Investments In...

3 months ago - GlobeNewsWire

Assertio Holdings, Inc. to Report Second Quarter 2024 Financial Results on August 7, 2024

LAKE FOREST, Ill., July 24, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering ...

4 months ago - GlobeNewsWire

Buxton Helmsley Issues Letter to the Board of Directors of Assertio Holdings, Inc.

NEW YORK--(BUSINESS WIRE)--The Buxton Helmsley Group, Inc., a significant shareholder of Assertio Holdings, Inc. (NASDAQ: ASRT), today issued the following letter to the company's Board of Directors. ...

4 months ago - Business Wire

Assertio: An Extremely Asymmetric Bet Skewed To The Upside

Assertio Holdings, Inc. shares present a significant upside potential due to ongoing turnaround efforts and proven success in monetizing underappreciated pharma assets. The merger with Spectrum Pharma...

5 months ago - Seeking Alpha

Assertio to Participate in the Sidoti Small Cap Conference on June 12, 2024

LAKE FOREST, Ill., June 05, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering ...

6 months ago - GlobeNewsWire

Assertio to Participate in Benchmark Healthcare Conference on May 21-22

LAKE FOREST, Ill., May 17, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering d...

6 months ago - GlobeNewsWire

BUXTON HELMSLEY RELEASES LETTER FROM CERTIFIED FRAUD EXAMINER ATTESTING TO DISCLOSURE FAILURES AND DEFICIENCIES BY ASSERTIO HOLDINGS BOARD OF DIRECTORS

Letter Expresses Several Significant Concerns and Recommends That Further Investigation is Warranted Urges Assertio Stockholders to Vote Against All Directors at Upcoming Annual Meeting in Order to Ei...

6 months ago - PRNewsWire

Assertio to Participate in AGP Healthcare Conference on May 21

LAKE FOREST, Ill., May 16, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering d...

6 months ago - GlobeNewsWire

BUXTON HELMSLEY URGES ASSERTIO STOCKHOLDERS TO VOTE "AGAINST" DIRECTORS AFTER DISCLOSURE FAILURES, INAPPROPRIATE BOARDROOM ACTIVITY, STRATEGIC BLUNDERS

Urges Assertio Stockholders to Vote Against All Directors at Upcoming Annual Meeting in Order to Either Pressure Current Board to Accept New Stockholder-Recommended Directors or Force Resignations of ...

6 months ago - PRNewsWire

Assertio to Present at the Citizens JMP Life Sciences Conference in New York City

LAKE FOREST, Ill., May 10, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering d...

6 months ago - GlobeNewsWire

Assertio Holdings, Inc. (ASRT) Q1 2024 Earnings Call Transcript

Assertio Holdings, Inc. (NASDAQ:ASRT) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Matthew Kreps - Darrow Associates, IR Heather Mason - Interim CEO Ajay Patel - CFO P...

7 months ago - Seeking Alpha

Assertio Reports First Quarter 2024 Financial Results

First Quarter Net Product Sales of $31.9 Million

7 months ago - GlobeNewsWire

Assertio Holdings, Inc. to Report First Quarter 2024 Financial Results on May 6, 2024

LAKE FOREST, Ill., April 25, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering...

7 months ago - GlobeNewsWire

Assertio to Present at LD Micro Invitational Conference in New York City

LAKE FOREST, Ill., April 01, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering...

8 months ago - GlobeNewsWire