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Provention Bio NasdaqGS:PRVB Stock Report

Last Price

US$24.98

Market Cap

US$2.4b

7D

2.7%

1Y

456.3%

Updated

28 Apr, 2023

Data

Company Financials +

Provention Bio, Inc.

NasdaqGS:PRVB Stock Report

Market Cap: US$2.4b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

PRVB Stock Overview

Provention Bio, Inc., a clinical stage biopharmaceutical company, focuses on the development and commercialization of therapeutics and solutions to intercept and prevent immune-mediated diseases. More details

PRVB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

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Provention Bio, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Provention Bio
Historical stock prices
Current Share PriceUS$24.98
52 Week HighUS$25.00
52 Week LowUS$3.19
Beta2.46
1 Month Change3.22%
3 Month Change184.83%
1 Year Change456.35%
3 Year Change133.02%
5 Year Changen/a
Change since IPO419.33%

Recent News & Updates

Recent updates

Provention Bio appoints O'Brien as Chief People Officer

Sep 19

Provention Bio secures $125M term loan facility

Sep 01

Provention Bio: More Risk, More Dilution Ahead - Downgrading To A Sell Rating

Aug 12

Provention Bio Q2 2022 Earnings Preview

Aug 03

Provention Bio to raise $60M through private placement of securities

Jul 08

Provention Bio says FDA extends review period for co's teplizumab application to Nov. 17

Jun 30

Provention Bio (PRVB): BLA Accepted; Downgrading To A Hold

Mar 31

Provention Bio: Upgrading To A Strong-Buy, Potential Cure For Type 1 Diabetes

Feb 04

Is Provention Bio (NASDAQ:PRVB) In A Good Position To Invest In Growth?

Jan 11
Is Provention Bio (NASDAQ:PRVB) In A Good Position To Invest In Growth?

Is Provention Bio (NASDAQ:PRVB) In A Good Position To Deliver On Growth Plans?

Aug 26
Is Provention Bio (NASDAQ:PRVB) In A Good Position To Deliver On Growth Plans?

Provention Bio: Blood (Glucose) In The Streets

Jul 30

FDA Advisory Committee supports Provention Bio's teplizumab in delaying diabetes

May 28

Provention Bio EPS misses by $0.05

May 06

Provention Bio provides regulatory update on teplizumab BLA

Apr 27

How Much Of Provention Bio, Inc. (NASDAQ:PRVB) Do Insiders Own?

Mar 17
How Much Of Provention Bio, Inc. (NASDAQ:PRVB) Do Insiders Own?

Need To Know: Provention Bio, Inc. (NASDAQ:PRVB) Insiders Have Been Buying Shares

Feb 10
Need To Know: Provention Bio, Inc. (NASDAQ:PRVB) Insiders Have Been Buying Shares

Provention Bio prices $100M stock offering

Jan 14

Provention Bio Could See Meaningful Upside Once Teplizumab Hits The Market

Jan 07

Provention Bio (NASDAQ:PRVB) Is In A Good Position To Deliver On Growth Plans

Jan 06
Provention Bio (NASDAQ:PRVB) Is In A Good Position To Deliver On Growth Plans

Provention Bio files US application for its diabetes drug

Jan 04

Provention Bio launches first-in-human PRV-101 study in coxsackievirus B

Dec 15

Is Provention Bio, Inc.'s (NASDAQ:PRVB) Shareholder Ownership Skewed Towards Insiders?

Dec 02
Is Provention Bio, Inc.'s (NASDAQ:PRVB) Shareholder Ownership Skewed Towards Insiders?

Provention Bio EPS misses by $0.14

Nov 05

Shareholder Returns

PRVBUS PharmaceuticalsUS Market
7D2.7%-2.7%0.3%
1Y456.3%-3.6%7.8%

Return vs Industry: PRVB exceeded the US Pharmaceuticals industry which returned -0.1% over the past year.

Return vs Market: PRVB exceeded the US Market which returned -5.3% over the past year.

Price Volatility

Is PRVB's price volatile compared to industry and market?
PRVB volatility
PRVB Average Weekly Movement74.7%
Pharmaceuticals Industry Average Movement10.2%
Market Average Movement6.4%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: PRVB's weekly volatility has increased from 39% to 75% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016174Ashleigh Palmerwww.proventionbio.com

Provention Bio, Inc., a clinical stage biopharmaceutical company, focuses on the development and commercialization of therapeutics and solutions to intercept and prevent immune-mediated diseases. Its products candidates include PRV-031 teplizumab and monoclonal antibodies (mAb) that is in Phase III clinical trial for the interception of type one diabetes (T1D); PRV-3279, which has completed Phase Ib clinical trial for the treatment of lupus; PRV-101, a coxsackie virus B (CVB) vaccine for the prevention of acute CVB infections and onset of T1D; and PRV-015, which is in phase IIb clinical trial for the treatment of gluten-free diet non-responding celiac disease. The company has a license and collaboration agreement with Amgen Inc. for PRV-015, a novel anti-IL-15 monoclonal antibody being developed for the treatment of gluten-free diet non-responsive celiac disease; and a strategic collaboration with Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd.

Provention Bio, Inc. Fundamentals Summary

How do Provention Bio's earnings and revenue compare to its market cap?
PRVB fundamental statistics
Market capUS$2.37b
Earnings (TTM)-US$113.56m
Revenue (TTM)US$12.90m

183.6x

P/S Ratio

-20.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRVB income statement (TTM)
RevenueUS$12.90m
Cost of RevenueUS$76.32m
Gross Profit-US$63.42m
Other ExpensesUS$50.14m
Earnings-US$113.56m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.20
Gross Margin-491.83%
Net Profit Margin-880.69%
Debt/Equity Ratio19.3%

How did PRVB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/04/28 07:55
End of Day Share Price 2023/04/26 00:00
Earnings2022/12/31
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Provention Bio, Inc. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alethia YoungCantor Fitzgerald & Co.
Gbolahan Amusa BenzChardan Capital Markets, LLC
Taylor FeehleyChardan Capital Markets, LLC