NasdaqCM:PIRS

Stock Analysis Report

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Market Cap

US$231.1m

Last Updated

2021/08/04 22:54 UTC

Data Sources

Company Financials +

Executive Summary

Pieris Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, discovers and develops anticalin protein-based drugs in the United States. More Details


Snowflake Analysis

Flawless balance sheet with limited growth.

Share Price & News

How has Pieris Pharmaceuticals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PIRS is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 32% a week.

Volatility Over Time: PIRS's weekly volatility has increased from 18% to 32% over the past year.


Market Performance


7 Day Return

5.5%

PIRS

4.1%

US Biotechs

0.9%

US Market


1 Year Return

28.1%

PIRS

24.9%

US Biotechs

34.7%

US Market

Return vs Industry: PIRS exceeded the US Biotechs industry which returned 24.9% over the past year.

Return vs Market: PIRS underperformed the US Market which returned 34.7% over the past year.


Shareholder returns

PIRSIndustryMarket
7 Day5.5%4.1%0.9%
30 Day-0.3%1.5%0.2%
90 Day83.4%9.4%4.7%
1 Year28.1%28.1%26.6%24.9%36.8%34.7%
3 Year-31.1%-31.1%23.5%17.4%62.5%52.4%
5 Year113.5%113.5%45.4%33.9%123.1%98.4%

Long-Term Price Volatility Vs. Market

How volatile is Pieris Pharmaceuticals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Pieris Pharmaceuticals undervalued compared to its fair value and its price relative to the market?

5.7x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PIRS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PIRS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PIRS is unprofitable, so we can't compare its PE Ratio to the US Biotechs industry average.

PE vs Market: PIRS 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 PIRS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PIRS is overvalued based on its PB Ratio (5.7x) compared to the US Biotechs industry average (2.8x).


Future Growth

How is Pieris Pharmaceuticals forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

11.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PIRS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PIRS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PIRS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PIRS's revenue (28.1% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: PIRS's revenue (28.1% per year) 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 PIRS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Pieris Pharmaceuticals performed over the past 5 years?

-10.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PIRS is currently unprofitable.

Growing Profit Margin: PIRS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PIRS is unprofitable, and losses have increased over the past 5 years at a rate of 10.6% per year.

Accelerating Growth: Unable to compare PIRS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PIRS is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (32.6%).


Return on Equity

High ROE: PIRS has a negative Return on Equity (-98.87%), as it is currently unprofitable.


Financial Health

How is Pieris Pharmaceuticals's financial position?


Financial Position Analysis

Short Term Liabilities: PIRS's short term assets ($88.3M) exceed its short term liabilities ($30.3M).

Long Term Liabilities: PIRS's short term assets ($88.3M) exceed its long term liabilities ($47.3M).


Debt to Equity History and Analysis

Debt Level: PIRS is debt free.

Reducing Debt: PIRS had no debt 5 years ago.


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: PIRS has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PIRS has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 31.2% each year


Dividend

What is Pieris Pharmaceuticals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PIRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PIRS'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 PIRS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PIRS'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 PIRS'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?

2.8yrs

Average management tenure


CEO

Steve Yoder (45 yo)

6.67yrs

Tenure

US$1,538,829

Compensation

Mr. Stephen S. Yoder, also known as Steve, J.D., has been the Chief Executive Officer and President at Pieris Pharmaceuticals, Inc. since December 17, 2014. Mr. Yoder joined Pieris Pharmaceuticals GmbH as ...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD1.54M) is above average for companies of similar size in the US market ($USD1.10M).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PIRS's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: PIRS's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21%.


Top Shareholders

Company Information

Pieris Pharmaceuticals, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pieris Pharmaceuticals, Inc.
  • Ticker: PIRS
  • Exchange: NasdaqCM
  • Founded: 2000
  • Industry: Biotechnology
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: US$231.057m
  • Shares outstanding: 63.30m
  • Website: https://www.pieris.com

Number of Employees


Location

  • Pieris Pharmaceuticals, Inc.
  • 255 State Street
  • 9th Floor
  • Boston
  • Massachusetts
  • 2109
  • United States

Listings


Biography

Pieris Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, discovers and develops anticalin protein-based drugs in the United States. The company develops anticalin proteins that are low mol...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/04 22:54
End of Day Share Price2021/08/04 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.