PTC Therapeutics, Inc. (PTCT)

NASDAQ: PTCT · Real-Time Price · USD
41.96
+2.60 (6.61%)
Nov 20, 2024, 4:00 PM EST - Market closed
6.61%
Market Cap 3.24B
Revenue (ttm) 900.66M
Net Income (ttm) -453.20M
Shares Out 77.13M
EPS (ttm) -5.93
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 693,010
Open 39.38
Previous Close 39.36
Day's Range 38.26 - 42.79
52-Week Range 20.75 - 46.98
Beta 0.63
Analysts Hold
Price Target 42.58 (+1.48%)
Earnings Date Nov 7, 2024

About PTCT

PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to patients 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. Its development pip... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 20, 2013
Employees 1,055
Stock Exchange NASDAQ
Ticker Symbol PTCT
Full Company Profile

Financial Performance

In 2023, PTC Therapeutics's revenue was $937.82 million, an increase of 34.20% compared to the previous year's $698.80 million. Losses were -$626.60 million, 12.1% more than in 2022.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for PTCT stock is "Hold." The 12-month stock price forecast is $42.58, which is an increase of 1.48% from the latest price.

Price Target
$42.58
(1.48% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

7 days 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...

7 days 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...

13 days 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...

13 days 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...

16 days 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 ...

22 days ago - PRNewsWire

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

WARREN, N.J. , Oct. 25, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that on Oct. 23, 2024, the company approved non-statutory stock options to purchase an aggregate of 1...

26 days 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 weeks ago - PRNewsWire

CHMP Maintains Negative Opinion on Translarna™ Reexamination

- Opinion to be reviewed by European Commission - WARREN, N.J. , Oct. 18, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that the Committee for Medicinal Products for Human...

4 weeks ago - PRNewsWire

PTC Therapeutics Announces FDA Target Regulatory Action Date for Sepiapterin and Lancet Publication of Phase 3 Trial Results

WARREN, N.J. , Oct. 14, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that the FDA has set a target regulatory action date of July 29, 2025, for the review of the New Drug...

5 weeks ago - PRNewsWire

PTC Therapeutics Announces Positive Results from Long-Term Treatment Studies and Updates on Regulatory Progress for Vatiquinone Friedreich Ataxia Program

- Statistically significant results on primary endpoint of long-term study analyses - - Following FDA pre-NDA feedback, submission on track for December 2024 - WARREN, N.J. , Oct. 8, 2024 /PRNewswire/...

6 weeks ago - PRNewsWire

PTC Therapeutics Announces FDA Acceptance for Filing of NDA for Sepiapterin for the Treatment of Pediatric and Adult Phenylketonuria Patients

WARREN, N.J. , Oct. 1, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today the FDA has accepted for filing the New Drug Application (NDA) of sepiapterin for the treatment of ped...

7 weeks ago - PRNewsWire

FDA Grants Fast Track Designation to PTC518 Huntington's Disease Program

WARREN, N.J. , Sept. 26, 2024 /PRNewswire/ -- PTC Therapeutics (NASDAQ: PTCT) announced today that the FDA has granted Fast Track designation to the PTC518 program for the treatment of Huntington's di...

2 months ago - PRNewsWire

PTC Therapeutics: Positive HD Data Along With NDA Submission Brings Further Value

PTC Therapeutics, Inc. achieved dose-dependent lowering of mutant Huntingtin protein in both the blood and CSF of HD patients, using 5 mg and 10 mg of PTC518. The global Huntington's Disease treatment...

2 months ago - Seeking Alpha

PTC Therapeutics, Inc. (PTCT) Q2 2024 Earnings Call Transcript

PTC Therapeutics, Inc. (NASDAQ:PTCT) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Ron Aldridge – Senior Director of Investor Relations Matthew Klein - Chief Executi...

3 months ago - Seeking Alpha

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

– Continued strong revenue performance – – NDAs for sepiapterin and Translarna™ submitted to FDA – – Positive interim data readout from PTC518 PIVOT-HD study – – On track to achieve remaining 2024 cli...

3 months ago - PRNewsWire

PTC Therapeutics Announces Sepiapterin NDA Submission to FDA

WARREN, N.J. , July 30, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today the submission of the sepiapterin NDA to the U.S. FDA.

4 months ago - PRNewsWire

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

WARREN, N.J. , July 25, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company will host a webcast conference call to report its second quarter 2024 financial resu...

4 months ago - PRNewsWire

PTC Therapeutics, Inc. (PTCT) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of PTC Therapeutics, Inc. (“PTC” or “th...

4 months ago - GlobeNewsWire

CHMP Issues Negative Opinion on Translarna™ Following European Commission Request for Review

- PTC to submit a request for re-examination - WARREN, N.J. , June 28, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that the CHMP has issued a negative opinion on the ren...

5 months ago - PRNewsWire

Interim PIVOT-HD Results Demonstrate Evidence of Favorable CNS Biomarker and Clinical Effects at Month 12 in Huntington's Disease Patients

- FDA lifts PTC518 partial clinical hold based on PIVOT-HD data - - Conference call and webcast to be held June 20 th at 8:00 am EDT - WARREN, N.J. , June 20, 2024 /PRNewswire/ -- PTC Therapeutics, In...

5 months ago - PRNewsWire

PTC Therapeutics to Participate at Upcoming Investor Conference

WARREN, N.J. , May 29, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company will present a company overview at the following conference: William Blair's 44th Ann...

6 months ago - PRNewsWire

PTC Therapeutics Announces Validation of Sepiapterin European MAA

- Review of European marketing application for PKU now initiated - WARREN, N.J. , May 28, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that the sepiapterin MAA for PKU ha...

6 months ago - PRNewsWire

PTC Therapeutics Announces European Commission Returns Translarna™ Opinion to CHMP For Re-evaluation

- European Commission decides against adoption of negative opinion - - Translarna authorization remains active in Europe - - 2024 revenue guidance paused - WARREN, N.J. , May 20, 2024 /PRNewswire/ -- ...

6 months ago - PRNewsWire

PTC Therapeutics: Multiple Regulatory Submissions Along With Data Cuts

PTC Therapeutics, Inc. has submitted a New Drug Application for Upstaza for AADC Deficiency, with a PDUFA date set for November 13th, 2024. The company has several other regulatory milestones expected...

6 months ago - Seeking Alpha