PTC Therapeutics, Inc. (PTCT)

NASDAQ: PTCT · Real-Time Price · USD
36.43
+0.38 (1.05%)
At close: Oct 2, 2024, 4:00 PM
35.20
-1.23 (-3.38%)
Pre-market: Oct 3, 2024, 4:50 AM EDT
1.05%
Market Cap 2.80B
Revenue (ttm) 900.45M
Net Income (ttm) -479.52M
Shares Out 76.92M
EPS (ttm) -6.31
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 721,738
Open 35.95
Previous Close 36.05
Day's Range 35.92 - 37.36
52-Week Range 17.53 - 40.69
Beta 0.65
Analysts Hold
Price Target 36.21 (-0.6%)
Earnings Date Oct 24, 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 14 analysts, the average rating for PTCT stock is "Hold." The 12-month stock price forecast is $36.21, which is a decrease of -0.60% from the latest price.

Price Target
$36.21
(-0.60% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

1 day 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...

6 days ago - PRNewsWire

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

WARREN, N.J. , Sept. 12, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that on Sept.

20 days 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...

20 days ago - Seeking Alpha

PTC Therapeutics to Participate at Upcoming Investor Conferences

WARREN, N.J. , Aug. 28, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company will present a company overview at the following conferences: Morgan Stanley 22nd An...

5 weeks ago - PRNewsWire

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...

7 weeks 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...

7 weeks 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.

2 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...

2 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...

2 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...

3 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...

3 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...

4 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...

4 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/ -- ...

4 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...

5 months ago - Seeking Alpha

PTC Therapeutics Announces FDA Acceptance and Priority Review of the BLA for Upstaza™

- PDUFA target action date of November 13, 2024 - WARREN, N.J. , May 14, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that the FDA has accepted for filing the Biologics L...

5 months ago - PRNewsWire

PTC Therapeutics, Inc. (PTCT) Q1 2024 Earnings Call Transcript

PTC Therapeutics, Inc. (NASDAQ:PTCT) Q1 2024 Earnings Conference Call April 25, 2024 4:30 PM ET Company Participants Jane Hanlon - Associate Director of Investor Relations Matthew Klein - Chief Execu...

5 months ago - Seeking Alpha

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

– Strong revenue performance across product portfolio – – Submitted MAA for sepiapterin and BLA for Upstaza – – On target to achieve remaining 2024 clinical and regulatory milestones,  including globa...

5 months ago - PRNewsWire

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

SOUTH PLAINFIELD, N.J., April 11, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company will host a webcast conference call to report its first quarter 2024 finan...

6 months ago - PRNewsWire

PTC Announces Submission of Sepiapterin MAA for Treatment of PKU to EMA

- First marketing authorization submission for sepiapterin with additional global submissions to follow in 2024 - SOUTH PLAINFIELD, N.J. , March 28, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ...

6 months ago - PRNewsWire

PTC Therapeutics Provides Key Regulatory Updates

- BLA submitted to FDA for Upstaza™ for the treatment of AADC deficiency - - NDA to be submitted mid-year for Translarna™ based on FDA feedback - SOUTH PLAINFIELD, N.J., March 19, 2024 /PRNewswire/ --...

7 months ago - PRNewsWire

PTC Therapeutics, Inc. (PTCT) Q4 2023 Earnings Call Transcript

PTC Therapeutics, Inc. (PTCT) Q4 2023 Earnings Call Transcript

7 months ago - Seeking Alpha

PTC Therapeutics Provides Corporate Update and Reports Fourth Quarter and Full Year 2023 Financial Results

– 34% year-over-year growth in 2023 total revenue – – Global filings of sepiapterin remain on track with first submission of the EU MAA expected in March –   – Potential NDA submission for vatiquinone...

7 months ago - PRNewsWire

PTC Therapeutics to Host Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results

SOUTH PLAINFIELD, N.J. , Feb. 15, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company will host a webcast conference call to report its fourth quarter and full ...

8 months ago - PRNewsWire