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Healthcare - Biotechnology - NASDAQ - US
$ 71.76
-6.66 %
$ 1.34 B
Market Cap
-7.83
P/E
1. INTRINSIC VALUE

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, develops therapies for central nervous system disorders characterized by neuronal imbalance. Its lead product candidates include PRAX-114, an extrasynaptic-preferring GABAA receptor positive allosteric modulator that is in Phase IIa clinical trial for the treatment of major depressive disorder and perimenopausal depression; and PRAX-944, a selective small molecule inhibitor of T-type calcium channels, which is in Phase IIa clinical trial for the treatment of essential tremor. The company is also developing PRAX-562, a persistent sodium current blocker that is in Phase I clinical trial to treat severe pediatric epilepsy and adult cephalgia; PRAX-222, an antisense oligonucleotide (ASO) for patients with gain-of-function (GOF) SCN2A epilepsy; and KCNT1 program for the treatment of KCNT1 GOF epilepsy.[ Read More ]

The intrinsic value of one PRAX stock under the base case scenario is HIDDEN Compared to the current market price of 71.8 USD, Praxis Precision Medicines, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PRAX

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FINANCIALS
2.45 M REVENUE
0.00%
-126 M OPERATING INCOME
41.22%
-123 M NET INCOME
42.40%
-111 M OPERATING CASH FLOW
39.94%
39 M INVESTING CASH FLOW
-59.80%
91.9 M FINANCING CASH FLOW
777.89%
302 K REVENUE
-15.41%
-56.8 M OPERATING INCOME
-51.61%
-51.9 M NET INCOME
-58.86%
-27.5 M OPERATING CASH FLOW
-0.81%
49.6 M INVESTING CASH FLOW
125.30%
1.44 M FINANCING CASH FLOW
-99.34%
Balance Sheet Decomposition Praxis Precision Medicines, Inc.
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Current Assets 84.9 M
Cash & Short-Term Investments 81.3 M
Receivables 0
Other Current Assets 3.58 M
Non-Current Assets 3.07 M
Long-Term Investments 0
PP&E 2.65 M
Other Non-Current Assets 416 K
Current Liabilities 15.7 M
Accounts Payable 5.82 M
Short-Term Debt 2.25 M
Other Current Liabilities 7.68 M
Non-Current Liabilities 2.53 M
Long-Term Debt 2.74 M
Other Non-Current Liabilities -208 K
EFFICIENCY
Earnings Waterfall Praxis Precision Medicines, Inc.
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Revenue 2.45 M
Cost Of Revenue 86.8 M
Gross Profit -84.3 M
Operating Expenses 129 M
Operating Income -126 M
Other Expenses -3.1 M
Net Income -123 M
RATIOS
-3445.81% GROSS MARGIN
-3445.81%
-5164.41% OPERATING MARGIN
-5164.41%
-5037.88% NET MARGIN
-5037.88%
-176.95% ROE
-176.95%
-140.17% ROA
-140.17%
-175.12% ROIC
-175.12%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Praxis Precision Medicines, Inc.
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Net Income -123 M
Depreciation & Amortization 432 K
Capital Expenditures -50 K
Stock-Based Compensation 24.9 M
Change in Working Capital -13 M
Others -4.29 M
Free Cash Flow -111 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Praxis Precision Medicines, Inc.
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Wall Street analysts predict an average 1-year price target for PRAX of $142 , with forecasts ranging from a low of $120 to a high of $170 .
PRAX Lowest Price Target Wall Street Target
120 USD 67.22%
PRAX Average Price Target Wall Street Target
142 USD 98.50%
PRAX Highest Price Target Wall Street Target
170 USD 136.90%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Praxis Precision Medicines, Inc.
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Sold
0-3 MONTHS
1.09 M USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 days ago
Nov 14, 2024
Sell 661 K USD
Nemiroff Alex
General Counsel and Secretary
- 8239.333
80.204 USD
3 days ago
Nov 14, 2024
Sell 424 K USD
Mastrocola Lauren
Principal Accounting Officer
- 5188.344
81.783 USD
1 year ago
Oct 05, 2023
Bought 25.4 K USD
DeSimone Jill
Director
+ 14500
1.75 USD
1 year ago
Jun 27, 2023
Bought 10.6 K USD
Souza Marcio
Chief Executive Officer
+ 10000
1.0587 USD
1 year ago
Mar 24, 2023
Bought 7 K USD
Kelly Timothy Edwin
Chief Financial Officer
+ 8000
0.8747 USD
1 year ago
Mar 23, 2023
Bought 30.2 K USD
Souza Marcio
Chief Executive Officer
+ 35000
0.8617 USD
1 year ago
Mar 23, 2023
Bought 30.2 K USD
Souza Marcio
Chief Executive Officer
+ 35001.75
0.863 USD
1 year ago
Mar 24, 2023
Bought 41.8 K USD
MITCHELL DEAN J
Director
+ 50000
0.8363 USD
1 year ago
Mar 24, 2023
Bought 7 K USD
Kelly Timothy Edwin
Chief Financial Officer
+ 8000
0.8747 USD
2 years ago
Jun 16, 2022
Bought 5.78 K USD
Mastrocola Lauren
Principal Accounting Officer
+ 3000
1.925 USD
2 years ago
Jun 13, 2022
Bought 12.2 K USD
Nemiroff Alex
General Counsel and Secretary
+ 7500
1.63 USD
2 years ago
Jun 09, 2022
Bought 17.6 K USD
Kelly Timothy Edwin
Chief Financial Officer
+ 10000
1.765 USD
2 years ago
Jun 08, 2022
Bought 49.9 K USD
Souza Marcio
Chief Executive Officer
+ 27000
1.8477 USD
2 years ago
Jun 08, 2022
Bought 45.2 K USD
MITCHELL DEAN J
director:
+ 25000
1.8075 USD
3 years ago
Oct 06, 2021
Sell 7 M USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 400000
17.5 USD
3 years ago
Oct 01, 2021
Sell 432 K USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 22600
19.13 USD
3 years ago
Oct 05, 2021
Sell 459 K USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 23946
19.15 USD
3 years ago
Aug 31, 2021
Bought 76.1 K USD
Kelly Timothy Edwin
Chief Financial Officer
+ 3905
19.48 USD
3 years ago
Aug 23, 2021
Sell 6.68 M USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 351625
19 USD
3 years ago
Aug 23, 2021
Sell 15.5 K USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 771
20.04 USD
3 years ago
Aug 18, 2021
Sell 47.6 K USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 3000
15.88 USD
3 years ago
Aug 18, 2021
Bought 151 K USD
Souza Marcio
Chief Executive Officer
+ 9542
15.79 USD
3 years ago
Aug 11, 2021
Sell 259 K USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 17222
15.03 USD
3 years ago
Aug 12, 2021
Sell 140 K USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 10060
13.92 USD
3 years ago
Aug 03, 2021
Sell 334 K USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 22300
14.99 USD
3 years ago
Jul 30, 2021
Sell 249 K USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 15854
15.68 USD
3 years ago
Aug 02, 2021
Sell 631 K USD
BSOF Parallel Master Fund L.P.
10 percent owner
- 40000
15.78 USD
4 years ago
Oct 20, 2020
Bought 4.75 M USD
Vitorovic Stefan
Director
+ 250000
19 USD
4 years ago
Nov 10, 2020
Bought 100 K USD
Souza Marcio
Chief Executive Officer
+ 3846
26.08 USD
7. News
Praxis Precision Medicines to Participate in Three Upcoming November Investor Conferences BOSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Praxis Precision Medicines, Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance, today announced that management will be participating in three upcoming investor conferences in November 2024. globenewswire.com - 1 week ago
Praxis Precision Medicines, Inc. (PRAX) Q3 2024 Earnings Call Transcript Praxis Precision Medicines, Inc. (NASDAQ:PRAX ) Q3 2024 Earnings Conference Call November 6, 2024 8:00 AM ET Company Participants Dan Ferry - IR, LifeSci Communications Marcio Souza - President & CEO Tim Kelly - CFO Conference Call Participants Ritu Baral - TD Cowen Yasmeen Rahimi - Piper Sandler Joon Lee - Truist Securities Francois Brisebois - Oppenheimer Yatin Suneja - Guggenheim Douglas Tsao - H.C. Wainwright Kambiz Yazdi - Jefferies Ami Fadia - Needham Joel Beatty - Baird Laura Chico - Wedbush Securities Operator Good day and thank you for standing by. seekingalpha.com - 1 week ago
Praxis Precision Medicines, Inc. (PRAX) Reports Q3 Loss, Misses Revenue Estimates Praxis Precision Medicines, Inc. (PRAX) came out with a quarterly loss of $2.75 per share versus the Zacks Consensus Estimate of a loss of $2.01. This compares to loss of $2.70 per share a year ago. zacks.com - 1 week ago
Praxis Precision Medicines Provides Corporate Update and Reports Third Quarter 2024 Financial Results Interim analysis for Study 1 of Essential3 Phase 3 program for ulixacaltamide in essential tremor (ET) confirmed for Q1 2025; NDA filing anticipated in 2025 globenewswire.com - 1 week ago
Praxis Precision Medicines to Announce Third Quarter 2024 Financial Results and Host Conference Call on Wednesday, November 6, 2024 BOSTON, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Praxis Precision Medicines , Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance, today announced it will report its financial results from the third quarter ended September 30, 2024, before the financial markets open on Wednesday, November 6, 2024. globenewswire.com - 2 weeks ago
Praxis Precision Medicines (PRAX) Moves 8.4% Higher: Will This Strength Last? Praxis Precision Medicines (PRAX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. zacks.com - 1 month ago
Praxis Stock Up as Epilepsy Candidate Shows Reduction in Seizures Shares of PRAX gains on positive efficacy data from the mid-stage study of its investigational candidate, relutrigine, for two epilepsy indications. zacks.com - 2 months ago
Praxis Precision Medicines to highlight their Epilepsy Portfolio at the International League Against Epilepsy 15th European Epilepsy Congress with six presentations BOSTON, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Praxis Precision Medicines, Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance, today announced that that it will present preclinical and clinical data from three of its epilepsy programs at the International League Against Epilepsy (ILAE) 15th European Epilepsy Congress (EEC), being held from September 7 to 11, 2024 in Rome, Italy. globenewswire.com - 2 months ago
Praxis Precision Medicines announces positive topline results from the EMBOLD study in SCN2A and 8A developmental epilepsies, highlighting the disease-modifying potential of relutrigine Placebo-adjusted monthly motor seizure reduction of 46% during double-blind period Over 30% of patients achieved seizure freedom status while on relutrigine Meaningful gains observed in alertness, communication and seizure severity 75% reduction in median seizure rate seen for patients in the long-term extension Registrational phase of the EMBOLD study for SCN2A and 8A initiated BOSTON, Mass., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Praxis Precision Medicines , Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance, today shared positive topline results for its Phase 2, proof of concept study evaluating relutrigine in SCN2A and SCN8A developmental and epileptic encephalopathy (DEE) patients. globenewswire.com - 2 months ago
Praxis Precision Medicines to Announce Topline Data from the Phase 2 EMBOLD Study of Relutrigine (PRAX-562) in SCN2A and SCN8A Developmental and Epileptic Encephalopathies on September 3, 2024 BOSTON, Mass., Sept. 02, 2024 (GLOBE NEWSWIRE) -- Praxis Precision Medicines , Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance, today announced that it will share the topline results from the Phase 2 EMBOLD study of relutrigine (PRAX-562) in SCN2A and SCN8A Developmental and Epileptic Encephalopathies (DEEs) on Tuesday, September 3, 2024, prior to market open. Following the announcement, the Company will host a conference call and webcast presentation at 8:00 a.m. ET to discuss the trial results. globenewswire.com - 2 months ago
Praxis Precision Medicines (PRAX) Upgraded to Buy: What Does It Mean for the Stock? Praxis Precision Medicines (PRAX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 3 months ago
Praxis Precision Medicines, Inc. (PRAX) Q2 2024 Earnings and Corporate Update Call Transcript Praxis Precision Medicines, Inc. (NASDAQ:PRAX ) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Marcio Souza - President and Chief Executive Officer Tim Kelly - Chief Financial Officer Daniel Ferry - Investor Relations, Life Science Advisors Conference Call Participants Yasmeen Rahimi - Piper Sandler Joon Lee - Truist Securities Francois Brisebois - Oppenheimer Yatin Suneja - Guggenheim Ritu Baral - TD Cowan Joel Beatty - Baird Ami Fadia - Needham Douglas Tsao - HC Wainwright & Co Kambiz Yazdi - Jeffries Operator Good day, thank you for standing by. Welcome to the Praxis Precision Medicines' Second Quarter 2024 Corporate Update Conference Call. seekingalpha.com - 3 months ago
8. Profile Summary

Praxis Precision Medicines, Inc. PRAX

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 1.34 B
Dividend Yield 0.00%
Description Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, develops therapies for central nervous system disorders characterized by neuronal imbalance. Its lead product candidates include PRAX-114, an extrasynaptic-preferring GABAA receptor positive allosteric modulator that is in Phase IIa clinical trial for the treatment of major depressive disorder and perimenopausal depression; and PRAX-944, a selective small molecule inhibitor of T-type calcium channels, which is in Phase IIa clinical trial for the treatment of essential tremor. The company is also developing PRAX-562, a persistent sodium current blocker that is in Phase I clinical trial to treat severe pediatric epilepsy and adult cephalgia; PRAX-222, an antisense oligonucleotide (ASO) for patients with gain-of-function (GOF) SCN2A epilepsy; and KCNT1 program for the treatment of KCNT1 GOF epilepsy. It has a cooperation and license agreement with RogCon Inc.; a license agreement with Purdue Neuroscience Company; a research collaboration, option, and license agreement with Ionis Pharmaceuticals, Inc.; and collaboration with The Florey Institute to develop three novel ASOs. The company was incorporated in 2015 and is based in Boston, Massachusetts.
Contact 99 High Street, Boston, MA, 02110 https://www.praxismedicines.com
IPO Date Oct. 16, 2020
Employees 82
Officers Mr. Alex Kane Vice President of Investor Relations & Corporate Communications Mr. Marcio Silva De'Souza M.B.A. President, Chief Executive Officer & Director Mr. Alex Nemiroff J.D. General Counsel & Secretary Dr. Steven Petrou B.Sc. (Hons.), Ph.D. Co-Founder & Chief Scientific Officer Lauren Mastrocola Vice President of Finance & Principal Accounting Officer Dr. Karl Hansen Ph.D. Chief Technical Operations Officer Ms. Megan T. Sniecinski Chief Business Officer Mr. Timothy Edwin Kelly Chief Financial Officer & Treasurer Ms. Kelly McCue Chief People Officer Ms. Alyssa J. S. Wyant Chief Regulatory & Quality Officer