While Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) shareholders are probably generally happy, the stock hasn’t had particularly good run recently, with the share price falling 18% in the last quarter. But that doesn’t change the fact that the returns over the last three years have been pleasing. In fact, the company’s share price bested the return of its market index in that time, posting a gain of 91%.
Corbus Pharmaceuticals Holdings isn’t currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually expect strong revenue growth. That’s because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
Over the last three years Corbus Pharmaceuticals Holdings has grown its revenue at 95% annually. That’s well above most pre-profit companies. The share price rise of 24% per year throughout that time is nice to see, and given the revenue growth, that gain seems somewhat justified. So now might be the perfect time to put Corbus Pharmaceuticals Holdings on your radar. If the company is trending towards profitability then it could be very interesting.
We consider it positive that insiders have made significant purchases in the last year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. So we recommend checking out this free report showing consensus forecasts
A Different Perspective
We’re pleased to report that Corbus Pharmaceuticals Holdings rewarded shareholders with a total shareholder return of 19% over the last year. But the three year TSR of 24% per year is even better. Investors who like to make money usually check up on insider purchases, such as the price paid, and total amount bought. You can find out about the insider purchases of Corbus Pharmaceuticals Holdings by clicking this link.
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
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If you spot an error that warrants correction, please contact the editor at email@example.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.