PTC Therapeutics, Inc. (PTCT)

NASDAQ: PTCT · Real-Time Price · USD
52.59
-0.21 (-0.40%)
Mar 7, 2025, 4:00 PM EST - Market closed
-0.40%
Market Cap 4.15B
Revenue (ttm) 806.78M
Net Income (ttm) -363.30M
Shares Out 78.87M
EPS (ttm) -4.73
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 843,990
Open 52.92
Previous Close 52.80
Day's Range 51.61 - 53.79
52-Week Range 24.00 - 55.60
Beta 0.66
Analysts Hold
Price Target 61.77 (+17.46%)
Earnings Date Apr 24, 2025

About PTCT

PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to children and adults living with rare disorders in the United States and internationally. The company offers Translarna and Emflaza for the treatment of Duchenne muscular dystrophy; Upstaza to treat aromatic l-amino acid decarboxylas (AADC) deficiency, a central nervous system disorder; Tegsedi and Waylivra for the treatment of rare diseases; and Evrysdi to treat spinal muscular atrophy (SMA) in adults and children. I... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 20, 2013
Employees 939
Stock Exchange NASDAQ
Ticker Symbol PTCT
Full Company Profile

Financial Performance

In 2024, PTC Therapeutics's revenue was $806.78 million, a decrease of -13.97% compared to the previous year's $937.82 million. Losses were -$363.30 million, -42.02% less than in 2023.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for PTCT stock is "Hold." The 12-month stock price forecast is $61.77, which is an increase of 17.46% from the latest price.

Price Target
$61.77
(17.46% upside)
Analyst Consensus: Hold
Stock Forecasts

News

PTC Therapeutics: Upside In Rare Disease Innovation

PTC Therapeutics is poised for a potential turnaround with key FDA reviews in 2025 for vatiquinone and sepiapterin, despite past revenue declines. The company maintains a strong cash position of over ...

18 hours ago - Seeking Alpha

PTC Therapeutics, Inc. (PTCT) Q4 2024 Earnings Call Transcript

PTC Therapeutics, Inc. (NASDAQ:PTCT) Q4 2024 Earnings Conference Call February 27, 2025 4:30 PM ET Company Participants Ellen Cavaleri - Head of IR Matthew Klein - CEO Eric Pauwels - Chief Business O...

10 days ago - Seeking Alpha

PTC Therapeutics Provides Corporate Update and Reports Fourth Quarter and Full Year 2024 Financial Results

– Full year 2024 revenue of $807 million, exceeding guidance – – All 2024 clinical and regulatory milestones were achieved on schedule, including four NDA submissions, all of which were accepted for f...

10 days ago - PRNewsWire

PTC Therapeutics to Participate in Upcoming Investor Conferences

WARREN, N.J. , Feb. 20, 2025 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that its executives will participate in fireside chats at the following investor conferences: TD Cowe...

17 days ago - PRNewsWire

PTC Therapeutics Announces FDA Acceptance and Priority Review for Vatiquinone NDA for the Treatment of Children and Adults with Friedreich's Ataxia

- PDUFA target action date of Aug. 19, 2025 - WARREN, N.J. , Feb. 19, 2025 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that the U.S. Food and Drug Administration (FDA) has ac...

18 days ago - PRNewsWire

PTC Therapeutics to Host Conference Call to Discuss Fourth Quarter and Full Year 2024 Financial Results

WARREN, N.J. , Feb. 13, 2025 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company will host a webcast conference call to report its fourth quarter and full year 2024 ...

24 days ago - PRNewsWire

PTC Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

WARREN, N.J. , Jan. 13, 2025 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that on Jan. 3, 2025, the company approved 1,200 restricted stock units ("RSUs"), each representing t...

7 weeks ago - PRNewsWire

PTC Therapeutics Provides Update on Commercial Performance and R&D Pipeline at 43rd Annual J.P. Morgan Healthcare Conference

– Unaudited 2024 total revenue of approximately $814 million, exceeding guidance – – Four approval applications submitted to FDA in 2024 – – Global launch preparations underway for sepiapterin for PKU...

7 weeks ago - PRNewsWire

PTC Therapeutics to Present at the 43rd Annual J.P. Morgan Healthcare Conference

WARREN, N.J. , Dec. 23, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that CEO Matthew B.

2 months ago - PRNewsWire

PTC Therapeutics Announces Vatiquinone NDA Submission to FDA for the Treatment of Children and Adults Living with Friedreich Ataxia

- If approved, vatiquinone would be the first and only authorized therapy for children with FA - - PTC's fourth approval application submitted to FDA in 2024 - WARREN, N.J. , Dec. 19, 2024 /PRNewswire...

2 months ago - PRNewsWire

PTC Therapeutics Stock Soars on Novartis Licensing Agreement

Shares of PTC Therapeutics (PTCT) soared 16% Monday when the pharmaceutical firm announced it struck a nearly $2 billion license and collaboration deal with Novartis (NVS).

3 months ago - Investopedia

PTC Therapeutics Inks Licensing Pact With Novartis Worth Up To ~$3 Billion For Huntington's Program

On Monday, PTC Therapeutics, Inc.  PTCT signed an exclusive global license and collaboration agreement with Novartis AG NVS for its PTC518 Huntington's disease program, which includes related molecule...

Other symbols: NVS
3 months ago - Benzinga

PTC Therapeutics signs up to $1.9 billion licensing deal with Novartis

PTC Therapeutics has entered into a licensing deal with a unit of Novartis AG for up to $1.9 billion, the company said on Monday, for its experimental drug being developed for a rare neurological diso...

Other symbols: NVS
3 months ago - Reuters

PTC Therapeutics Enters into a Global License and Collaboration Agreement with Novartis for PTC518 Huntington's Disease Program

- PTC to receive $1.0B in cash at closing - - PTC is eligible to receive up to $1.9B in development, regulatory and sales milestones - - PTC to share profits in the U.S. and tiered double-digit royalt...

Other symbols: NVS
3 months ago - PRNewsWire

PTC Therapeutics Ends Utreloxastat Development After Rare Neurodegenerative Disease Trial Misses Goal, Analyst Maintains Outperform With Focus On Sepiapterin, Huntington's Programs

On Tuesday, PTC Therapeutics Inc PTCT revealed data from the global Phase 2 placebo-controlled CardinALS study of Utreloxastat in amyotrophic lateral sclerosis patients.

3 months ago - Benzinga

PTC Therapeutics Enters into Agreement to Sell Priority Review Voucher for $150 Million

WARREN, N.J. , Nov. 27, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that it has entered into an agreement to sell its Rare Pediatric Disease Priority Review Voucher (PRV...

3 months ago - PRNewsWire

PTC Therapeutics discontinues development of ALS drug after trial failure

PTC Therapeutics said on Tuesday it is discontinuing the development of its drug for a type of fatal neurodegenerative disease, as it did not meet the main goal in a mid-stage trial.

3 months ago - Reuters

PTC Therapeutics Announces Topline Results of CardinALS Trial of Utreloxastat in ALS Patients

- Study failed to meet primary and secondary efficacy endpoints - WARREN, N.J. , Nov. 26, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the global Phase 2 placebo-con...

3 months ago - PRNewsWire

US FDA approves PTC Therapeutics' gene therapy for ultra-rare disorder

The U.S. Food and Drug Administration approved PTC Therapeutics' gene therapy that is administered directly in the brain to treat a potential fatal enzyme deficiency disorder, the company said on Wedn...

4 months ago - Reuters

PTC Therapeutics Announces FDA Approval of AADC Deficiency Gene Therapy

- First-ever FDA approval for gene therapy directly administered to the brain - - Priority review voucher granted - - Broad label including children and adults - - PTC pioneers new approach for CNS dr...

4 months ago - PRNewsWire

PTC Therapeutics, Inc. (PTCT) Q3 2024 Earnings Call Transcript

PTC Therapeutics, Inc. (NASDAQ:PTCT) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Jane Hanlon - Associate Director, Investor Relations Matthew Klein - Chief Execu...

4 months ago - Seeking Alpha

PTC Therapeutics Provides Corporate Update and Reports Third Quarter 2024 Financial Results

– Strong revenue performance, supporting increase in full-year revenue guidance to $750-800 million –  – Regulatory filings for sepiapterin, Translarna™ and AADC gene therapy under review by FDA – – O...

4 months ago - PRNewsWire

PTC Therapeutics to Participate at Upcoming Investor Conferences

WARREN, N.J. , Nov. 4, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company will present a company overview at the following conferences: UBS Global Healthcare C...

4 months ago - PRNewsWire

PTC Therapeutics Announces FDA Acceptance of Translarna™ NDA Resubmission

WARREN, N.J. , Oct. 30, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today the U.S. Food and Drug Administration (FDA) has accepted for review the resubmission of the New Drug ...

4 months ago - PRNewsWire

PTC Therapeutics to Host Conference Call to Discuss Third Quarter 2024 Financial Results

WARREN, N.J., Oct. 24, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company will host a webcast conference call to report its third quarter 2024 financial result...

4 months ago - PRNewsWire