Corcept Therapeutics Incorporated (CORT)
NASDAQ: CORT · IEX Real-Time Price · USD
27.84
-0.78 (-2.73%)
At close: May 23, 2024, 4:00 PM
27.94
+0.10 (0.37%)
After-hours: May 23, 2024, 4:24 PM EDT

Corcept Therapeutics Statistics

Total Valuation

CORT has a market cap or net worth of $2.90 billion. The enterprise value is $2.49 billion.

Market Cap 2.90B
Enterprise Value 2.49B

Important Dates

The last earnings date was Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

CORT has 104.11 million shares outstanding. The number of shares has decreased by -4.77% in one year.

Shares Outstanding 104.11M
Shares Change (YoY) -4.77%
Shares Change (QoQ) -0.80%
Owned by Insiders (%) 11.38%
Owned by Institutions (%) 91.74%
Float 85.00M

Valuation Ratios

The trailing PE ratio is 26.26 and the forward PE ratio is 25.77. CORT's PEG ratio is 0.61.

PE Ratio 26.26
Forward PE 25.77
PS Ratio 5.54
Forward PS 4.48
PB Ratio 5.29
P/FCF Ratio 23.24
PEG Ratio 0.61
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.24, with an EV/FCF ratio of 19.95.

EV / Earnings 21.23
EV / Sales 4.75
EV / EBITDA 20.24
EV / EBIT 20.54
EV / FCF 19.95

Financial Position

The company has a current ratio of 5.18, with a Debt / Equity ratio of 0.00.

Current Ratio 5.18
Quick Ratio 4.86
Debt / Equity 0.00
Debt / EBITDA 0.00
Debt / FCF 0.00
Interest Coverage -6.31

Financial Efficiency

Return on equity (ROE) is 24.20% and return on invested capital (ROIC) is 18.59%.

Return on Equity (ROE) 24.20%
Return on Assets (ROA) 19.60%
Return on Capital (ROIC) 18.59%
Revenue Per Employee $1.49M
Profits Per Employee $332,912
Employee Count 352
Asset Turnover 0.87
Inventory Turnover 0.48

Taxes

In the past 12 months, CORT has paid $23.09 million in taxes.

Income Tax 23.09M
Effective Tax Rate 16.46%

Stock Price Statistics

The stock price has increased by +10.70% in the last 52 weeks. The beta is 0.50, so CORT's price volatility has been lower than the market average.

Beta (1Y) 0.50
52-Week Price Change +10.70%
50-Day Moving Average 24.91
200-Day Moving Average 26.65
Relative Strength Index (RSI) 62.98
Average Volume (30 Days) 1,034,662

Short Selling Information

The latest short interest is 19.80 million, so 19.02% of the outstanding shares have been sold short.

Short Interest 19.80M
Short Previous Month 21.12M
Short % of Shares Out 19.02%
Short % of Float 23.29%
Short Ratio (days to cover) 18.88

Income Statement

In the last 12 months, CORT had revenue of $523.53 million and earned $117.19 million in profits. Earnings per share was $1.06.

Revenue 523.53M
Gross Profit 515.90M
Operating Income 121.93M
Pretax Income 140.28M
Net Income 117.19M
EBITDA 122.89M
EBIT 121.09M
Earnings Per Share (EPS) $1.06
Full Income Statement

Balance Sheet

The company has $410.76 million in cash and $76,000 in debt, giving a net cash position of $410.69 million or $3.94 per share.

Cash & Cash Equivalents 410.76M
Total Debt 76,000
Net Cash 410.69M
Net Cash Per Share $3.94
Equity / Book Value 547.86M
Book Value Per Share 5.26
Working Capital 406.17M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $124.84 million and capital expenditures -$139,000, giving a free cash flow of $124.70 million.

Operating Cash Flow 124.84M
Capital Expenditures -139,000
Free Cash Flow 124.70M
FCF Per Share $1.21
Full Cash Flow Statement

Margins

Gross margin is 98.54%, with operating and profit margins of 23.29% and 22.38%.

Gross Margin 98.54%
Operating Margin 23.29%
Pretax Margin 26.79%
Profit Margin 22.38%
EBITDA Margin 23.47%
EBIT Margin 23.13%
FCF Margin 23.82%

Dividends & Yields

CORT 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 4.77%
Shareholder Yield 4.77%
Earnings Yield 4.04%
FCF Yield 4.30%
Dividend Details

Analyst Forecast

The average price target for CORT is $36.40, which is 30.75% higher than the current price. The consensus rating is "Strong Buy".

Price Target $36.40
Price Target Difference 30.75%
Analyst Consensus Strong Buy
Analyst Count 5
Revenue Growth Forecast (5Y) 16.85%
EPS Growth Forecast (5Y) 28.27%
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

CORT has an Altman Z-Score of 19.16 and a Piotroski F-Score of 6.

Altman Z-Score 19.16
Piotroski F-Score 6