Corcept Therapeutics Statistics
Total Valuation
CORT has a market cap or net worth of $3.71 billion. The enterprise value is $3.30 billion.
| Market Cap | 3.71B |
| Enterprise Value | 3.30B |
Important Dates
The next confirmed earnings date is Monday, July 29, 2024, after market close.
| Earnings Date | Jul 29, 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 (%) | 11.39% |
| Owned by Institutions (%) | 91.74% |
| Float | 85.00M |
Valuation Ratios
The trailing PE ratio is 33.58 and the forward PE ratio is 32.96. CORT's PEG ratio is 0.61.
| PE Ratio | 33.58 |
| Forward PE | 32.96 |
| PS Ratio | 7.08 |
| Forward PS | 5.73 |
| PB Ratio | 6.77 |
| P/FCF Ratio | 29.72 |
| PEG Ratio | 0.61 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 26.82, with an EV/FCF ratio of 26.43.
| EV / Earnings | 28.12 |
| EV / Sales | 6.30 |
| EV / EBITDA | 26.82 |
| EV / EBIT | 27.22 |
| EV / FCF | 26.43 |
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 +41.89% in the last 52 weeks. The beta is 0.44, so CORT's price volatility has been lower than the market average.
| Beta (5Y) | 0.44 |
| 52-Week Price Change | +41.89% |
| 50-Day Moving Average | 31.30 |
| 200-Day Moving Average | 26.78 |
| Relative Strength Index (RSI) | 71.90 |
| Average Volume (20 Days) | 869,702 |
Short Selling Information
The latest short interest is 22.75 million, so 21.85% of the outstanding shares have been sold short.
| Short Interest | 22.75M |
| Short Previous Month | 21.88M |
| Short % of Shares Out | 21.85% |
| Short % of Float | 26.76% |
| Short Ratio (days to cover) | 24.20 |
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 |
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 |
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 |
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 | 3.16% |
| FCF Yield | 3.36% |
Analyst Forecast
The average price target for CORT is $41.40, which is 16.29% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $41.40 |
| Price Target Difference | 16.29% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 16.85% |
| EPS Growth Forecast (5Y) | 26.71% |
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 23.65 and a Piotroski F-Score of 6.
| Altman Z-Score | 23.65 |
| Piotroski F-Score | 6 |