This company has been acquired
Forma Therapeutics Holdings (FMTX) Stock Overview
Forma Therapeutics Holdings, Inc., a clinical-stage biopharmaceutical company, focuses on development and commercialization of novel therapeutics for treatment of rare hematologic diseases and cancers. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
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Forma Therapeutics Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$20.01 |
| 52 Week High | US$20.68 |
| 52 Week Low | US$4.95 |
| Beta | -0.95 |
| 1 Month Change | 0.25% |
| 3 Month Change | 138.50% |
| 1 Year Change | 10.61% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -48.69% |
Recent News & Updates
We're Keeping An Eye On Forma Therapeutics Holdings' (NASDAQ:FMTX) Cash Burn Rate
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...Forma Therapeutics GAAP EPS of -$1.10 misses by $0.11
Forma Therapeutics press release (NASDAQ:FMTX): Q2 GAAP EPS of -$1.10 misses by $0.11. Cash, cash equivalents and marketable securities were $395.9 million as of June 30 2022.Recent updates
Shareholder Returns
| FMTX | US Biotechs | US Market | |
|---|---|---|---|
| 7D | 0.3% | 0.5% | 0.6% |
| 1Y | 10.6% | 35.4% | 19.9% |
Return vs Industry: FMTX exceeded the US Biotechs industry which returned -22.4% over the past year.
Return vs Market: FMTX exceeded the US Market which returned -25.7% over the past year.
Price Volatility
| FMTX volatility | |
|---|---|
| FMTX Average Weekly Movement | 15.9% |
| Biotechs Industry Average Movement | 10.0% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: FMTX's share price has been volatile over the past 3 months.
Volatility Over Time: FMTX's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 189 | Frank Lee | www.formatherapeutics.com |
Forma Therapeutics Holdings, Inc., a clinical-stage biopharmaceutical company, focuses on development and commercialization of novel therapeutics for treatment of rare hematologic diseases and cancers. Its core product candidates for development include FT-4202, which is Phase 1 trial for the treatment of sickle cell disease and other hemoglobinopathies; and FT-7051 for the treatment of metastatic castration-resistant prostate cancer. The company is also developing Olutasidenib, a selective inhibitor for cancers with isocitrate dehydrogenase 1 gene mutations, which is in Phase II trial for the treatment of relapsed/refractory acute myeloid leukemia and Phase I trial to treat glioma; and FT-8225, a liver-targeted fatty-acid synthase inhibitor designed to block de novo lipogenesis in the liver.
Forma Therapeutics Holdings, Inc. Fundamentals Summary
| FMTX fundamental statistics | |
|---|---|
| Market cap | US$957.72m |
| Earnings (TTM) | -US$190.15m |
| Revenue (TTM) | n/a |
Is FMTX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FMTX income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$127.07m |
| Gross Profit | -US$127.06m |
| Other Expenses | US$63.09m |
| Earnings | -US$190.15m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.97 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did FMTX perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/16 17:14 |
| End of Day Share Price | 2022/10/13 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Forma Therapeutics Holdings, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alethia Young | Cantor Fitzgerald & Co. |
| Robin Garner Kalley | Craig-Hallum Capital Group LLC |
| Robert Burns | H.C. Wainwright & Co. |