Cellectar Biosciences
Market Cap
US$69.2m
Last Updated
2021/04/22 18:09 UTC
Data Sources
Company Financials +
Executive Summary
Cellectar Biosciences, Inc., a clinical biopharmaceutical company, focuses on the discovery, development, and commercialization of drugs for the treatment of cancer. More Details
Rewards
Risk Analysis
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet and fair value.
Share Price & News
How has Cellectar Biosciences's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLRB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: CLRB's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
5.7%
CLRB
1.6%
US Biotechs
-0.7%
US Market
1 Year Return
5.7%
CLRB
25.3%
US Biotechs
58.2%
US Market
Return vs Industry: CLRB underperformed the US Biotechs industry which returned 25.3% over the past year.
Return vs Market: CLRB underperformed the US Market which returned 58.4% over the past year.
Shareholder returns
| CLRB | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.7% | 1.6% | -0.7% |
| 30 Day | -14.9% | -2.2% | 3.2% |
| 90 Day | -23.7% | -8.5% | 4.4% |
| 1 Year | 5.7%5.7% | 27.1%25.3% | 61.0%58.2% |
| 3 Year | -86.9%-86.9% | 33.0%26.5% | 66.1%55.5% |
| 5 Year | -91.9%-91.9% | 41.8%30.9% | 120.9%96.2% |
Long-Term Price Volatility Vs. Market
How volatile is Cellectar Biosciences's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Have Insiders Been Buying Cellectar Biosciences, Inc. (NASDAQ:CLRB) Shares?4 months ago | Simply Wall St
We're Keeping An Eye On Cellectar Biosciences' (NASDAQ:CLRB) Cash Burn Rate8 months ago | Simply Wall St
How Much Are Cellectar Biosciences, Inc. (NASDAQ:CLRB) Insiders Spending On Buying Shares?Valuation
Is Cellectar Biosciences undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLRB ($1.37) is trading below our estimate of fair value ($76.43)
Significantly Below Fair Value: CLRB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CLRB is unprofitable, so we can't compare its PE Ratio to the US Biotechs industry average.
PE vs Market: CLRB is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CLRB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CLRB is good value based on its PB Ratio (1.8x) compared to the US Biotechs industry average (3.6x).
Future Growth
How is Cellectar Biosciences forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
29.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLRB is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CLRB is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CLRB is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if CLRB's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if CLRB's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CLRB's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Cellectar Biosciences performed over the past 5 years?
-18.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLRB is currently unprofitable.
Growing Profit Margin: CLRB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CLRB is unprofitable, and losses have increased over the past 5 years at a rate of 18.2% per year.
Accelerating Growth: Unable to compare CLRB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CLRB is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-7.3%).
Return on Equity
High ROE: CLRB has a negative Return on Equity (-27.55%), as it is currently unprofitable.
Financial Health
How is Cellectar Biosciences's financial position?
Financial Position Analysis
Short Term Liabilities: CLRB's short term assets ($57.9M) exceed its short term liabilities ($3.6M).
Long Term Liabilities: CLRB's short term assets ($57.9M) exceed its long term liabilities ($301.7K).
Debt to Equity History and Analysis
Debt Level: CLRB is debt free.
Reducing Debt: CLRB has no debt compared to 5 years ago when its debt to equity ratio was 19.7%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CLRB has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CLRB has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 8.9% each year.
Dividend
What is Cellectar Biosciences's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CLRB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CLRB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CLRB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLRB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CLRB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Jim Caruso (61 yo)
5.83yrs
Tenure
US$934,460
Compensation
Mr. James V. Caruso, also known as Jim, has been the Chief Executive Officer and President of Cellectar Biosciences, Inc. since June 15, 2015. Mr. Caruso served as the Chief Commercial Officer and Executiv...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD934.46K) is above average for companies of similar size in the US market ($USD520.30K).
Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: CLRB's management team is considered experienced (2.6 years average tenure).
Board Members
Experienced Board: CLRB's board of directors are considered experienced (5.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CLRB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 437.5%.
Top Shareholders
Company Information
Cellectar Biosciences, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cellectar Biosciences, Inc.
- Ticker: CLRB
- Exchange: NasdaqCM
- Founded: 2002
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Market Cap: US$69.191m
- Shares outstanding: 50.50m
- Website: https://www.cellectar.com
Number of Employees
Location
- Cellectar Biosciences, Inc.
- 100 Campus Drive
- Florham Park
- New Jersey
- 7932
- United States
Listings
Biography
Cellectar Biosciences, Inc., a clinical biopharmaceutical company, focuses on the discovery, development, and commercialization of drugs for the treatment of cancer. Its lead phospholipid drug conjugate (P...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/22 18:09 |
| End of Day Share Price | 2021/04/21 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.