NASDAQ:ARQT

Arcutis Biotherapeutics (ARQT) Stock Price, News & Analysis

$9.12
-0.12 (-1.30%)
(As of 05/16/2024 ET)
Today's Range
$8.82
$9.62
50-Day Range
$7.84
$12.53
52-Week Range
$1.76
$13.17
Volume
4.30 million shs
Average Volume
4.44 million shs
Market Capitalization
$1.05 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$27.00

Arcutis Biotherapeutics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
196.1% Upside
$27.00 Price Target
Short Interest
Bearish
18.78% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.84mentions of Arcutis Biotherapeutics in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$41,811 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.21) to ($1.37) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.93 out of 5 stars

Medical Sector

629th out of 929 stocks

Pharmaceutical Preparations Industry

300th out of 433 stocks

ARQT stock logo

About Arcutis Biotherapeutics Stock (NASDAQ:ARQT)

Arcutis Biotherapeutics, Inc., a biopharmaceutical company, focuses on developing and commercializing treatments for dermatological diseases. Its lead product candidate is ARQ-151, a topical roflumilast cream that has completed Phase III clinical trials for the treatment of plaque psoriasis and atopic dermatitis. The company is also developing ARQ-154, a topical ZORYVE for the treatment of scalp and body psoriasis and seborrheic dermatitis; ARQ-252, a selective topical janus kinase type 1 inhibitor for hand eczema and vitiligo; ARQ-255, a topical JAK1 inhibitor for alopecia areata; and ARQ-234, a CD200R fusion protein for the treatment of moderate-to-severe atopic dermatitis. The company was formerly known as Arcutis, Inc. and changed its name to Arcutis Biotherapeutics, Inc. in October 2019. Arcutis Biotherapeutics, Inc. was incorporated in 2016 and is headquartered in Westlake Village, California.

ARQT Stock Price History

ARQT Stock News Headlines

Q1 2024 Arcutis Biotherapeutics Inc Earnings Call
Arcutis Biotherapeutics: Strong Prescription Growth Fuels Buy Rating
Arcutis Biotherapeutics (NASDAQ:ARQT) Trading Up 5.4%
Arcutis Biotherapeutics Inc Ordinary Shares ARQT
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
5/16/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ARQT
Fax
N/A
Employees
296
Year Founded
2016

Price Target and Rating

Average Stock Price Target
$27.00
High Stock Price Target
$50.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+196.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$-262,140,000.00
Net Margins
-439.79%
Pretax Margin
-434.57%

Debt

Sales & Book Value

Annual Sales
$59.61 million
Book Value
$0.94 per share

Miscellaneous

Free Float
91,611,000
Market Cap
$1.05 billion
Optionable
Optionable
Beta
1.18

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Key Executives

  • Mr. Todd Franklin Watanabe M.A.Mr. Todd Franklin Watanabe M.A. (Age 56)
    President, CEO & Director
    Comp: $1.01M
  • Dr. Bhaskar Chaudhuri Ph.D. (Age 69)
    Co-Founder & Independent Director
    Comp: $59.67k
  • Mr. Masaru Matsuda Esq. (Age 53)
    J.D., Senior VP, General Counsel & Corporate Secretary
    Comp: $626.22k
  • Dr. Patrick E. Burnett M.D. (Age 52)
    Ph.D., Senior VP & Chief Medical Officer
    Comp: $689.95k
  • Mr. John W. Smither CPA (Age 71)
    Chief Financial Officer
    Comp: $410.75k
  • Mr. Rajvir Madan
    Chief Digital & Technology Officer
  • Ms. Latha Vairavan
    Vice President of Finance & Investor Relations
  • Ms. Courtney Barton (Age 41)
    VP and Chief Compliance Officer & Privacy Officer
  • Ms. Amanda Sheldon
    Head of Corporate Communications
  • Ms. Ayisha Jeter
    Head of Marketing & Market Access

ARQT Stock Analysis - Frequently Asked Questions

Should I buy or sell Arcutis Biotherapeutics stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arcutis Biotherapeutics in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ARQT shares.
View ARQT analyst ratings
or view top-rated stocks.

What is Arcutis Biotherapeutics' stock price target for 2024?

8 brokerages have issued 12-month target prices for Arcutis Biotherapeutics' shares. Their ARQT share price targets range from $8.00 to $50.00. On average, they predict the company's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 196.1% from the stock's current price.
View analysts price targets for ARQT
or view top-rated stocks among Wall Street analysts.

How have ARQT shares performed in 2024?

Arcutis Biotherapeutics' stock was trading at $3.23 at the beginning of 2024. Since then, ARQT shares have increased by 182.4% and is now trading at $9.12.
View the best growth stocks for 2024 here
.

When is Arcutis Biotherapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our ARQT earnings forecast
.

How were Arcutis Biotherapeutics' earnings last quarter?

Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) posted its quarterly earnings data on Tuesday, May, 14th. The company reported ($0.32) earnings per share for the quarter, topping analysts' consensus estimates of ($0.60) by $0.28. The firm had revenue of $49.57 million for the quarter. Arcutis Biotherapeutics had a negative trailing twelve-month return on equity of 294.85% and a negative net margin of 439.79%. During the same period last year, the company posted ($1.31) earnings per share.

What ETF holds Arcutis Biotherapeutics' stock?

Invesco Dorsey Wright Healthcare Momentum ETF holds 351,828 shares of ARQT stock, representing 2.03% of its portfolio.

What other stocks do shareholders of Arcutis Biotherapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Arcutis Biotherapeutics investors own include Black Diamond Therapeutics (BDTX), Pfizer (PFE), Akero Therapeutics (AKRO), Advanced Micro Devices (AMD), Applied Therapeutics (APLT), Aptinyx (APTX), BioNTech (BNTX), ServiceNow (NOW), Qualys (QLYS) and AbbVie (ABBV).

When did Arcutis Biotherapeutics IPO?

Arcutis Biotherapeutics (ARQT) raised $125 million in an initial public offering on Friday, January 31st 2020. The company issued 7,800,000 shares at $15.00-$17.00 per share. Goldman Sachs, Cowen and Guggenheim Securities served as the underwriters for the IPO and Cantor was co-manager.

Who are Arcutis Biotherapeutics' major shareholders?

Arcutis Biotherapeutics' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (10.54%), Vanguard Group Inc. (4.47%), Bain Capital Life Sciences Investors LLC (1.74%), StemPoint Capital LP (0.00%), AMI Asset Management Corp (0.36%) and Fishman Jay A Ltd. MI (0.23%). Insiders that own company stock include Bhaskar Chaudhuri, David W Osborne, Howard G Welgus, Life Sciences Viii L Frazier, Masaru Matsuda, Orbimed Advisors Llc, Patricia A Turney, Patrick Burnett, Scott L Burrows and Todd Franklin Watanabe.
View institutional ownership trends
.

How do I buy shares of Arcutis Biotherapeutics?

Shares of ARQT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ARQT) was last updated on 5/17/2024 by MarketBeat.com Staff

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