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Cidara Therapeutics NasdaqCM:CDTX Stock Report

Last Price

US$13.00

Market Cap

US$59.3m

7D

-10.0%

1Y

-37.5%

Updated

25 Apr, 2024

Data

Company Financials +

Cidara Therapeutics, Inc.

NasdaqCM:CDTX Stock Report

Market Cap: US$59.3m

Cidara Therapeutics, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cidara Therapeutics
Historical stock prices
Current Share PriceUS$13.00
52 Week HighUS$29.60
52 Week LowUS$10.00
Beta1.01
1 Month Change-12.16%
3 Month Change-2.24%
1 Year Change-37.50%
3 Year Change-71.62%
5 Year Change-71.11%
Change since IPO-95.94%

Recent News & Updates

Recent updates

We Think Cidara Therapeutics (NASDAQ:CDTX) Can Easily Afford To Drive Business Growth

Sep 28
We Think Cidara Therapeutics (NASDAQ:CDTX) Can Easily Afford To Drive Business Growth

Lacklustre Performance Is Driving Cidara Therapeutics, Inc.'s (NASDAQ:CDTX) 39% Price Drop

Apr 17
Lacklustre Performance Is Driving Cidara Therapeutics, Inc.'s (NASDAQ:CDTX) 39% Price Drop

Cidara Therapeutics, Inc. (NASDAQ:CDTX) Analysts Are Reducing Their Forecasts For This Year

Mar 25
Cidara Therapeutics, Inc. (NASDAQ:CDTX) Analysts Are Reducing Their Forecasts For This Year

We're Hopeful That Cidara Therapeutics (NASDAQ:CDTX) Will Use Its Cash Wisely

Mar 14
We're Hopeful That Cidara Therapeutics (NASDAQ:CDTX) Will Use Its Cash Wisely

Cidara spikes on $11M milestone payment from partner Mundipharma

Oct 04

Cidara begins dosing of antiviral CD388 in trial for preventing influenza

Sep 13

Cidara Therapeutics GAAP EPS of -$0.19 beats by $0.09, revenue of $6.22M beats by $0.01M

Aug 09

Industry Analysts Just Made A Captivating Upgrade To Their Cidara Therapeutics, Inc. (NASDAQ:CDTX) Revenue Forecasts

Dec 17
Industry Analysts Just Made A Captivating Upgrade To Their Cidara Therapeutics, Inc. (NASDAQ:CDTX) Revenue Forecasts

Rainbows and Unicorns: Cidara Therapeutics, Inc. (NASDAQ:CDTX) Analysts Just Became A Lot More Optimistic

Aug 17
Rainbows and Unicorns: Cidara Therapeutics, Inc. (NASDAQ:CDTX) Analysts Just Became A Lot More Optimistic

Is Cidara Therapeutics (NASDAQ:CDTX) Weighed On By Its Debt Load?

Aug 04
Is Cidara Therapeutics (NASDAQ:CDTX) Weighed On By Its Debt Load?

Cidara Therapeutics: Rezafungin Data Could Bring Value

Jul 20

We Think Some Shareholders May Hesitate To Increase Cidara Therapeutics, Inc.'s (NASDAQ:CDTX) CEO Compensation

Jun 17
We Think Some Shareholders May Hesitate To Increase Cidara Therapeutics, Inc.'s (NASDAQ:CDTX) CEO Compensation

Shareholder Returns

CDTXUS BiotechsUS Market
7D-10.0%0.4%1.0%
1Y-37.5%0.9%21.9%

Return vs Industry: CDTX underperformed the US Biotechs industry which returned 0.7% over the past year.

Return vs Market: CDTX underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is CDTX's price volatile compared to industry and market?
CDTX volatility
CDTX Average Weekly Movement14.5%
Biotechs Industry Average Movement11.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: CDTX's share price has been volatile over the past 3 months.

Volatility Over Time: CDTX's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201269Jeff Steinwww.cidara.com

Cidara Therapeutics, Inc., a biotechnology company, focuses on developing targeted therapies for patients facing cancers and other serious diseases. The company’s product includes rezafungin acetate, a novel molecule in the echinocandin class of antifungals for the treatment and prevention of invasive fungal infections, including candidemia and invasive candidiasis, which are fungal infections associated with high mortality rates. It also develops its Cloudbreak platform that enables development of novel drug-Fc conjugates, that includes CD388, a potent antiviral designed to deliver universal prevention and treatment of seasonal and pandemic influenza, which is in Phase 1 and Phase 2a clinical trials.

Cidara Therapeutics, Inc. Fundamentals Summary

How do Cidara Therapeutics's earnings and revenue compare to its market cap?
CDTX fundamental statistics
Market capUS$59.30m
Earnings (TTM)-US$22.93m
Revenue (TTM)US$63.91m

0.9x

P/S Ratio

-2.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDTX income statement (TTM)
RevenueUS$63.91m
Cost of RevenueUS$70.06m
Gross Profit-US$6.15m
Other ExpensesUS$16.78m
Earnings-US$22.93m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-5.03
Gross Margin-9.62%
Net Profit Margin-35.88%
Debt/Equity Ratio0%

How did CDTX perform over the long term?

See historical performance and comparison
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