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Healthcare - Biotechnology - NASDAQ - US
$ 41.11
0.171 %
$ 2.45 B
Market Cap
15.0
P/E
1. INTRINSIC VALUE

Protagonist Therapeutics, Inc., a biopharmaceutical company, discovers and develops peptide-based therapeutic drugs to address hematology and blood disorders, and inflammatory and immunomodulatory diseases. It is developing rusfertide (PTG-300), an injectable hepcidin mimetic that is in Phase II clinical trials for the treatment of patients with polycythemia vera and hereditary hemochromatosis, as well as for the treatment of other blood disorders; PN-943, an oral, alpha-4-beta-7 integrin- specific antagonist peptide that is in Phase II clinical trials for treating inflammatory bowel disease (IBD); and PN-235, an orally delivered interleukin-23 receptor specific antagonist for the treatment of IBD and non-IBD indications. The company has a license and collaboration agreement with Janssen Biotech, Inc.[ Read More ]

The intrinsic value of one PTGX stock under the base case scenario is HIDDEN Compared to the current market price of 41.1 USD, Protagonist Therapeutics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PTGX

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FINANCIALS
60 M REVENUE
125.73%
-93.7 M OPERATING INCOME
28.71%
-79 M NET INCOME
38.02%
-70.2 M OPERATING CASH FLOW
35.05%
-39.3 M INVESTING CASH FLOW
-42.92%
170 M FINANCING CASH FLOW
804.96%
4.68 M REVENUE
12.19%
-41.5 M OPERATING INCOME
-6.86%
-33.2 M NET INCOME
-8.47%
-27.9 M OPERATING CASH FLOW
-10.37%
-209 M INVESTING CASH FLOW
-136.85%
12.1 M FINANCING CASH FLOW
368.55%
Balance Sheet Decomposition Protagonist Therapeutics, Inc.
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Current Assets 356 M
Cash & Short-Term Investments 342 M
Receivables 10.3 M
Other Current Assets 3.63 M
Non-Current Assets 2.37 M
Long-Term Investments 0
PP&E 2.15 M
Other Non-Current Assets 225 K
Current Liabilities 21.3 M
Accounts Payable 772 K
Short-Term Debt 2.28 M
Other Current Liabilities 18.2 M
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Protagonist Therapeutics, Inc.
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Revenue 60 M
Cost Of Revenue 3.31 M
Gross Profit 56.7 M
Operating Expenses 154 M
Operating Income -93.7 M
Other Expenses -14.7 M
Net Income -79 M
RATIOS
94.48% GROSS MARGIN
94.48%
-156.09% OPERATING MARGIN
-156.09%
-131.59% NET MARGIN
-131.59%
-23.45% ROE
-23.45%
-22.06% ROA
-22.06%
-27.72% ROIC
-27.72%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Protagonist Therapeutics, Inc.
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Net Income -79 M
Depreciation & Amortization 3.31 M
Capital Expenditures -609 K
Stock-Based Compensation 29.3 M
Change in Working Capital -19.5 M
Others -21 M
Free Cash Flow -70.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Protagonist Therapeutics, Inc.
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Wall Street analysts predict an average 1-year price target for PTGX of $44 , with forecasts ranging from a low of $38 to a high of $50 .
PTGX Lowest Price Target Wall Street Target
38 USD -7.57%
PTGX Average Price Target Wall Street Target
44 USD 7.03%
PTGX Highest Price Target Wall Street Target
50 USD 21.62%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Protagonist Therapeutics, Inc.
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Sold
0-3 MONTHS
992 K USD 2
3-6 MONTHS
1.83 M USD 2
6-9 MONTHS
2.86 M USD 3
9-12 MONTHS
1.66 M USD 3
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
2 months ago
Sep 11, 2024
Sell 98.2 K USD
Ali Asif
Chief Financial Officer
- 2203
44.59 USD
2 months ago
Sep 11, 2024
Sell 534 K USD
Ali Asif
Chief Financial Officer
- 12000
44.47 USD
2 months ago
Sep 10, 2024
Sell 360 K USD
Waddill William D.
Director
- 8000
45 USD
3 months ago
Jul 24, 2024
Sell 320 K USD
Waddill William D.
Director
- 8000
40 USD
5 months ago
Jun 07, 2024
Sell 280 K USD
Waddill William D.
Director
- 8000
35 USD
5 months ago
Jun 07, 2024
Sell 1.23 M USD
PATEL DINESH V PH D
President and CEO
- 35000
35.19 USD
7 months ago
Apr 18, 2024
Sell 31 K USD
Ali Asif
Chief Financial Officer
- 1234
25.11 USD
7 months ago
Apr 01, 2024
Sell 708 K USD
PATEL DINESH V PH D
President and CEO
- 25000
28.31 USD
8 months ago
Mar 01, 2024
Sell 949 K USD
PATEL DINESH V PH D
President and CEO
- 30000
31.62 USD
8 months ago
Mar 01, 2024
Sell 407 K USD
Waddill William D.
Director
- 12975
31.34 USD
8 months ago
Feb 29, 2024
Sell 240 K USD
Ali Asif
Chief Financial Officer
- 7850
30.61 USD
8 months ago
Mar 01, 2024
Sell 387 K USD
Ali Asif
Chief Financial Officer
- 12000
32.22 USD
8 months ago
Feb 29, 2024
Sell 64.8 K USD
Ali Asif
Chief Financial Officer
- 2089
31 USD
8 months ago
Mar 01, 2024
Sell 72.7 K USD
Ali Asif
Chief Financial Officer
- 2248
32.33 USD
10 months ago
Jan 09, 2024
Sell 125 K USD
Gupta Suneel
Chief Development Officer
- 5000
25 USD
1 year ago
Nov 15, 2023
Sell 30 K USD
MOLINA ARTURO MD
Chief Medical Officer
- 1848
16.24 USD
11 months ago
Dec 13, 2023
Sell 1.51 M USD
PATEL DINESH V PH D
President and CEO
- 75000
20.08 USD
2 years ago
Dec 21, 2021
Sell 482 K USD
PATEL DINESH V PH D
President and CEO
- 15000
32.1447 USD
3 years ago
Aug 17, 2021
Sell 703 K USD
Liu David Y
Chief Scientific Officer
- 14779
47.56 USD
3 years ago
Feb 10, 2021
Sell 109 K USD
Noonberg Sarah B.
Director
- 4300
25.42 USD
3 years ago
Feb 10, 2021
Sell 10.4 K USD
Noonberg Sarah B.
Director
- 400
26.04 USD
3 years ago
Feb 11, 2021
Sell 92.8 K USD
Noonberg Sarah B.
Director
- 3700
25.09 USD
3 years ago
Jan 19, 2021
Sell 611 K USD
PATEL DINESH V PH D
President and CEO
- 24846
24.5957 USD
4 years ago
Aug 11, 2020
Sell 43 K USD
KHOSLA CHAITAN PHD
Director
- 2499
17.1877 USD
4 years ago
Mar 12, 2020
Bought 80.4 K USD
SELICK HAROLD E
Director
+ 12000
6.7 USD
4 years ago
Dec 03, 2019
Bought 45.6 K USD
Giraudo Bryan
Director
+ 8000
5.7025 USD
4 years ago
Dec 03, 2019
Bought 154 K USD
Gupta Suneel
EVP Clinical Operations
+ 30000
5.13 USD
4 years ago
Dec 03, 2019
Bought 2.86 K USD
Kalkofen Donald A.
Chief Financial Officer
+ 562
5.09 USD
4 years ago
Dec 03, 2019
Bought 3.13 K USD
Kalkofen Donald A.
Chief Financial Officer
+ 613
5.1 USD
4 years ago
Dec 03, 2019
Bought 113 K USD
PATEL DINESH V PH D
President and CEO
+ 20000
5.65 USD
4 years ago
Dec 03, 2019
Bought 55.5 K USD
PATEL DINESH V PH D
President and CEO
+ 10000
5.55 USD
5 years ago
Aug 06, 2019
Sell 30 K USD
Liu David Y
Chief Scientific Officer
- 3395
8.8495 USD
5 years ago
Aug 06, 2019
Sell 95.5 K USD
PATEL DINESH V PH D
President and CEO
- 10792
8.8524 USD
5 years ago
Mar 01, 2019
Sell 6.5 K USD
Liu David Y
Chief Scientific Officer
- 810
8.03 USD
5 years ago
Mar 01, 2019
Sell 17.5 K USD
PATEL DINESH V PH D
President and CEO
- 2183
8.03 USD
5 years ago
Mar 01, 2019
Sell 5.28 K USD
Shames Richard S.
Chief Medical Officer
- 657
8.03 USD
5 years ago
Feb 06, 2019
Sell 6.29 K USD
PATEL DINESH V PH D
President and CEO
- 777
8.0981 USD
5 years ago
Feb 06, 2019
Sell 78.1 K USD
PATEL DINESH V PH D
President and CEO
- 10132
7.71 USD
5 years ago
Feb 06, 2019
Sell 29.6 K USD
Liu David Y
Chief Scientific Officer
- 3821
7.7366 USD
5 years ago
Feb 06, 2019
Sell 1.61 K USD
Shames Richard S.
Chief Medical Officer
- 198
8.15 USD
5 years ago
Feb 06, 2019
Sell 19.9 K USD
Shames Richard S.
Chief Medical Officer
- 2580
7.71 USD
6 years ago
May 17, 2018
Sell 237 K USD
CANAAN X L.P.
10 percent owner
- 38968
6.0911 USD
7 years ago
May 16, 2017
Bought 64.6 K USD
Giraudo Bryan
Director
+ 10000
6.4566 USD
6 years ago
May 14, 2018
Sell 494 K USD
CANAAN X L.P.
10 percent owner
- 77591
6.3696 USD
6 years ago
May 15, 2018
Sell 374 K USD
CANAAN X L.P.
10 percent owner
- 57715
6.4815 USD
6 years ago
May 16, 2018
Sell 190 K USD
CANAAN X L.P.
10 percent owner
- 29441
6.456 USD
6 years ago
Mar 23, 2018
Sell 1.24 M USD
CANAAN X L.P.
10 percent owner
- 59950
20.706 USD
6 years ago
Mar 20, 2018
Sell 352 K USD
CANAAN X L.P.
10 percent owner
- 17060
20.606 USD
6 years ago
Mar 21, 2018
Sell 365 K USD
CANAAN X L.P.
10 percent owner
- 17699
20.6072 USD
6 years ago
Mar 22, 2018
Sell 98.1 K USD
CANAAN X L.P.
10 percent owner
- 4759
20.6205 USD
6 years ago
Mar 16, 2018
Sell 142 K USD
CANAAN X L.P.
10 percent owner
- 6926
20.5115 USD
6 years ago
Mar 19, 2018
Sell 276 K USD
CANAAN X L.P.
10 percent owner
- 13439
20.5704 USD
6 years ago
Mar 13, 2018
Sell 25.1 K USD
CANAAN X L.P.
10 percent owner
- 1204
20.842 USD
6 years ago
Mar 14, 2018
Sell 4.15 K USD
CANAAN X L.P.
10 percent owner
- 200
20.77 USD
6 years ago
Mar 15, 2018
Sell 243 K USD
CANAAN X L.P.
10 percent owner
- 11751
20.6383 USD
6 years ago
Mar 12, 2018
Sell 74.5 K USD
Liu David Y
Chief Scientific Officer
- 3500
21.2857 USD
6 years ago
Mar 02, 2018
Sell 17.5 K USD
Liu David Y
Chief Scientific Officer
- 875
20 USD
6 years ago
Jan 16, 2018
Sell 17.5 K USD
Liu David Y
Chief Scientific Officer
- 875
20 USD
6 years ago
Dec 22, 2017
Sell 72.3 K USD
Shames Richard S.
Chief Medical Officer
- 3529
20.5 USD
6 years ago
Dec 21, 2017
Sell 161 K USD
PATEL DINESH V PH D
President and CEO
- 8210
19.5578 USD
6 years ago
Dec 20, 2017
Sell 35 K USD
PATEL DINESH V PH D
President and CEO
- 1790
19.546 USD
6 years ago
Dec 18, 2017
Sell 17.5 K USD
Liu David Y
Chief Scientific Officer
- 875
20 USD
6 years ago
Dec 18, 2017
Sell 160 K USD
O'Neil Thomas P.
Chief Financial Officer
- 8000
20 USD
6 years ago
Nov 30, 2017
Sell 17.5 K USD
Liu David Y
Chief Scientific Officer
- 875
20 USD
7 years ago
Nov 13, 2017
Sell 59.4 K USD
Liu David Y
Chief Scientific Officer
- 3500
16.9659 USD
7 years ago
Oct 05, 2017
Sell 38.3 K USD
Shames Richard S.
Chief Medical Officer
- 2017
19 USD
7 years ago
Sep 12, 2017
Sell 52.8 K USD
Shames Richard S.
Chief Medical Officer
- 3687
14.3078 USD
7 years ago
Aug 29, 2017
Sell 25.7 K USD
Shames Richard S.
Chief Medical Officer
- 1512
17 USD
7 years ago
Aug 28, 2017
Sell 52.5 K USD
Liu David Y
Chief Scientific Officer
- 3500
15 USD
7 years ago
Jul 10, 2017
Sell 44.4 K USD
Liu David Y
Chief Scientific Officer
- 3500
12.68 USD
8 years ago
Aug 16, 2016
Bought 7 M USD
JOHNSON & JOHNSON
10 percent owner
+ 583333
12 USD
8 years ago
Aug 16, 2016
Bought 7 M USD
Papanek Julie
Director
+ 583333
12 USD
8 years ago
Aug 16, 2016
Bought 7 M USD
CANAAN X L.P.
director, 10 percent owner:
+ 583333
12 USD
8 years ago
Aug 16, 2016
Bought 7 M USD
Shanafelt Armen
director, 10 percent owner:
+ 583333
12 USD
8 years ago
Aug 16, 2016
Bought 7 M USD
LV Management Group, LLC
10 percent owner
+ 583333
12 USD
7. News
Protagonist Therapeutics (PTGX) Upgraded to Buy: Here's What You Should Know Protagonist Therapeutics (PTGX) 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 days ago
Protagonist Therapeutics (PTGX) Reports Q3 Loss, Tops Revenue Estimates Protagonist Therapeutics (PTGX) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.59. This compares to loss of $0.58 per share a year ago. zacks.com - 1 week ago
Protagonist Reports Third Quarter 2024 Financial Results and Provides Corporate Update Top line results for JNJ-2113 Phase 3 ICONIC-LEAD and Phase 3 ICONIC-TOTAL clinical trials in patients with moderate to severe psoriasis expected in Q4 2024 Top line results for JNJ-2113 Phase 2b ANTHEM clinical trial in moderate to severe ulcerative colitis expected in Q1 2025 Top line results for rusfertide Phase 3 VERIFY clinical trial in polycythemia vera expected in Q1 2025 Development candidate nomination for oral IL-17 peptide antagonist expected in Q4 2024 Cash, cash equivalents and marketable securities of $583.3 million as of September 30, 2024, anticipated to provide cash runway through end of 2027 NEWARK, CA / ACCESSWIRE / November 7, 2024 / Protagonist Therapeutics (Nasdaq:PTGX) ("Protagonist" or "the Company") today reported financial results for the third quarter ended September 30, 2024, and provided a corporate update. "Protagonist is approaching multiple transformational events with the pending readouts of JNJ-2113 in Phase 3 psoriasis studies this year, Phase 2b ulcerative colitis study in Q1 2025, and rusfertide Phase 3 study in polycythemia vera in Q1 2025," said Dinesh V. accesswire.com - 1 week ago
Protagonist Therapeutics Announces Poster Presentation on Final REVIVE Phase 2 Study Data with Rusfertide at the 66th Annual ASH Meeting NEWARK, CA / ACCESSWIRE / November 5, 2024 / Protagonist Therapeutics, Inc. ("Protagonist" or the "Company") announced that final data from the Phase 2 REVIVE study with rusfertide in polycythemia vera will be the focus of a poster presentation at the 66th Annual American Society of Hematology (ASH) Annual Meeting being held in San Diego from December 7-10, 2024. ASH Presentation Details: Presenting author: Aaron Gerds, MD (Cleveland Clinic) Publication Number: 4559 Title: Final Results from the Phase 2 Revive Study Investigating the Hepcidin Mimetic Rusfertide in Patients with Polycythemia Vera (PV) Session Name: 634. accesswire.com - 1 week ago
Protagonist Therapeutics (PTGX) is on the Move, Here's Why the Trend Could be Sustainable If you are looking for stocks that are well positioned to maintain their recent uptrend, Protagonist Therapeutics (PTGX) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen. zacks.com - 1 month ago
Protagonist Therapeutics' Two Investigational Candidates Target Over $10B Market, Bullish Analyst Opines Truist Securities initiated coverage on Protagonist Therapeutics Inc PTGX, citing its first-in-class lead asset with encouraging Phase 2 data in a rare form of blood cancer and a multi-billion dollar opportunity. benzinga.com - 2 months ago
Protagonist Therapeutics to Participate in the H.C. Wainwright 26th Annual Global Investment Conference 2024 NEWARK, CA / ACCESSWIRE / September 3, 2024 / Protagonist Therapeutics, Inc. (NASDAQ:PTGX) ("Protagonist" or the "Company") today announced that Dinesh V. Patel, Ph.D. accesswire.com - 2 months ago
Protagonist Therapeutics (PTGX) Reports Q2 Loss, Misses Revenue Estimates Protagonist Therapeutics (PTGX) came out with a quarterly loss of $0.50 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.68 per share a year ago. zacks.com - 3 months ago
Protagonist Reports Second Quarter 2024 Financial Results and Provides Corporate Update JNJ-2113 Phase 3 ICONIC-LEAD and Phase 3 ICONIC-TOTAL clinical trials in moderate-to-severe plaque psoriasis expected to complete the primary endpoint portion of the studies in Q4 2024 JNJ-2113 Phase 2b ANTHEM clinical trial in moderate-to-severe ulcerative colitis expected to complete the primary endpoint portion of the study in Q4 2024 Rusfertide Phase 2 REVIVE study long-term follow-up data in polycythemia vera presented at European Hematology Association (EHA) 2024; study showed durable hematocrit control, decreased phlebotomy use, long-term tolerability and no new safety signals Rusfertide topline results from the 32-week primary endpoint of the Phase 3 VERIFY study expected in Q1 2025 Cash, cash equivalents and marketable securities of $595.4M as of June 30, 2024, anticipated to provide cash runway through end of 2027 NEWARK, CA / ACCESSWIRE / August 6, 2024 / Protagonist Therapeutics (NASDAQ:PTGX) ("Protagonist" or "the Company") today reported financial results for the second quarter ended June 30, 2024, and provided a corporate update. "During the second quarter of 2024 our team made tremendous strides in the late-stage clinical development of rusfertide and also in leveraging our proprietary discovery platform for early-stage, but highly differentiated, oral peptides-based discovery programs," said Dinesh V. accesswire.com - 3 months ago
Protagonist Announces Appointment of Newman Yeilding, M.D. as Chief Scientific Advisor Dr. Yeilding joins Protagonist from Janssen Pharmaceutical Companies of Johnson & Johnson, where he held leadership roles in the immunology therapeutic area, bringing extensive experience in R&D and commercialization of novel therapeutics in the I&I space NEWARK, CA / ACCESSWIRE / July 31, 2024 / Protagonist Therapeutics (NASDAQ:PTGX) ("Protagonist" or "the Company") today announced the appointment of Newman Yeilding, M.D. to the role of Chief Scientific Advisor, effective August 1, 2024. accesswire.com - 3 months ago
Protagonist Therapeutics to Participate in the BTIG Virtual Biotechnology Conference 2024 NEWARK, CA / ACCESSWIRE / July 22, 2024 / Protagonist Therapeutics, Inc. (NASDAQ:PTGX) ("Protagonist" or the "Company") today announced that Dinesh V. Patel, Ph.D. accesswire.com - 3 months ago
Protagonist Therapeutics (PTGX) is on the Move, Here's Why the Trend Could be Sustainable If you are looking for stocks that are well positioned to maintain their recent uptrend, Protagonist Therapeutics (PTGX) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen. zacks.com - 3 months ago
8. Profile Summary

Protagonist Therapeutics, Inc. PTGX

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 2.45 B
Dividend Yield 0.00%
Description Protagonist Therapeutics, Inc., a biopharmaceutical company, discovers and develops peptide-based therapeutic drugs to address hematology and blood disorders, and inflammatory and immunomodulatory diseases. It is developing rusfertide (PTG-300), an injectable hepcidin mimetic that is in Phase II clinical trials for the treatment of patients with polycythemia vera and hereditary hemochromatosis, as well as for the treatment of other blood disorders; PN-943, an oral, alpha-4-beta-7 integrin- specific antagonist peptide that is in Phase II clinical trials for treating inflammatory bowel disease (IBD); and PN-235, an orally delivered interleukin-23 receptor specific antagonist for the treatment of IBD and non-IBD indications. The company has a license and collaboration agreement with Janssen Biotech, Inc. Protagonist Therapeutics, Inc. was incorporated in 2006 and is headquartered in Newark, California.
Contact 7707 Gateway Boulevard, Newark, CA, 94560-1160 https://www.protagonist-inc.com
IPO Date Aug. 11, 2016
Employees 126
Officers Dr. Arturo M. Molina FACP, M.D., M.S. Chief Medical Officer Dr. Dinesh V. Patel Ph.D. Chief Executive Officer, President, Secretary & Director Mr. Asif Ali Executive Vice President & Chief Financial Officer Dr. Suneel K. Gupta Ph.D. Chief Development Officer Dr. Mark Smythe Ph.D. Founder & Vice President Technology Mr. Mohammad Masjedizadeh Ph.D. Executive Vice President & Chief Technical Officer Ms. Carena Spivey Head of HR & Senior Vice President of Human Resources Dr. Ashok Bhandari Ph.D. Executive Vice President & Chief Drug Discovery and Preclinical Development Officer Mr. Carter J. King Executive Vice President of Business Development Ms. Abha Bommireddi Executive Vice President of Portfolio & Program Management