Cidara Therapeutics, Inc. (CDTX)

NASDAQ: CDTX · IEX Real-Time Price · USD
0.920
+0.078 (9.25%)
At close: Mar 28, 2024, 4:00 PM
0.930
+0.010 (1.09%)
After-hours: Mar 28, 2024, 7:59 PM EDT

Total Valuation

CDTX has a market cap or net worth of $84.20 million. The enterprise value is $39.89 million.

Market Cap 84.20M
Enterprise Value 39.89M

Important Dates

The next estimated earnings date is Thursday, May 9, 2024, after market close.

Earnings Date May 9, 2024
Ex-Dividend Date n/a

Share Statistics

CDTX has 90.62 million shares outstanding. The number of shares has increased by 1.91% in one year.

Shares Outstanding 90.62M
Shares Change (YoY) +1.91%
Shares Change (QoQ) +0.19%
Owned by Insiders (%) 7.53%
Owned by Institutions (%) 30.91%
Float 76.81M

Valuation Ratios

PE Ratio n/a
Forward PE 5.75
PS Ratio 1.49
Forward PS 2.31
PB Ratio 10.48
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.71
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.62, with a Debt / Equity ratio of 0.54.

Current Ratio 1.62
Quick Ratio 1.45
Debt / Equity 0.54
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 30.54

Financial Efficiency

Return on equity (ROE) is -264.80% and return on invested capital (ROIC) is -255.55%.

Return on Equity (ROE) -264.80%
Return on Assets (ROA) -48.10%
Return on Capital (ROIC) -255.55%
Revenue Per Employee $774,534
Profits Per Employee -$429,781
Employee Count 73
Asset Turnover 0.87
Inventory Turnover n/a

Taxes

In the past 12 months, CDTX has paid $651,000 in taxes.

Income Tax 651,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -22.69% in the last 52 weeks. The beta is 0.94, so CDTX's price volatility has been similar to the market average.

Beta (1Y) 0.94
52-Week Price Change -22.69%
50-Day Moving Average 0.71
200-Day Moving Average 0.85
Relative Strength Index (RSI) 73.07
Average Volume (30 Days) 525,508

Short Selling Information

The latest short interest is 179,466, so 0.20% of the outstanding shares have been sold short.

Short Interest 179,466
Short Previous Month 221,355
Short % of Shares Out 0.20%
Short % of Float 0.23%
Short Ratio (days to cover) 0.41

Income Statement

In the last 12 months, CDTX had revenue of $56.54 million and -$31.37 million in losses. Loss per share was -$0.39.

Revenue 56.54M
Gross Profit 56.15M
Operating Income -31.68M
Pretax Income -30.05M
Net Income -31.37M
EBITDA -30.03M
EBIT -31.06M
Loss Per Share -$0.39
Full Income Statement

Balance Sheet

The company has $48.67 million in cash and $4.36 million in debt, giving a net cash position of $44.31 million or $0.49 per share.

Cash & Cash Equivalents 48.67M
Total Debt 4.36M
Net Cash 44.31M
Net Cash Per Share $0.49
Equity / Book Value 8.04M
Book Value Per Share 0.09
Working Capital 22.08M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$30.71 million and capital expenditures -$336,000, giving a free cash flow of -$31.05 million.

Operating Cash Flow -30.71M
Capital Expenditures -336,000
Free Cash Flow -31.05M
FCF Per Share -$0.34
Full Cash Flow Statement

Margins

Gross margin is 99.32%, with operating and profit margins of -56.02% and -55.49%.

Gross Margin 99.32%
Operating Margin -56.02%
Pretax Margin -53.14%
Profit Margin -55.49%
EBITDA Margin -53.12%
EBIT Margin -54.94%
FCF Margin -54.91%

Dividends & Yields

CDTX does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.91%
Shareholder Yield -1.91%
Earnings Yield -37.26%
FCF Yield -36.87%

Analyst Forecast

The average price target for CDTX is $4.67, which is 407.61% higher than the current price. The consensus rating is "Strong Buy".

Price Target $4.67
Price Target Difference 407.61%
Analyst Consensus Strong Buy
Analyst Count 3
Revenue Growth Forecast (5Y) 12.50%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

CDTX has an Altman Z-Score of -8.75 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -8.75
Piotroski F-Score 1