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Healthcare - Biotechnology - NASDAQ - US
$ 18.31
-5.86 %
$ 13.5 B
Market Cap
-79.61
P/E
1. INTRINSIC VALUE

Summit Therapeutics Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat infectious diseases in the United States and Latin America. It conducts clinical programs focusing on Clostridioides difficile infection (CDI). The company's lead product candidate is ridinilazole, an orally administered small molecule antibiotic that is in Phase III clinical trials for the treatment of CDI. It also offers SMT-738, for combating multidrug resistant infections primarily carbapenem-resistant Enterobacteriaceae infections; and DDS-04 series for the potential treatment of infections caused by the Enterobacteriaceae. The company was founded in 2003 and is based in Cambridge, Massachusetts.[ Read More ]

The intrinsic value of one SMMT stock under the base case scenario is HIDDEN Compared to the current market price of 18.3 USD, Summit Therapeutics Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SMMT

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FINANCIALS
0 REVENUE
0.00%
-89.7 M OPERATING INCOME
-24.48%
-615 M NET INCOME
-680.54%
-76.8 M OPERATING CASH FLOW
-84.60%
-588 M INVESTING CASH FLOW
-94094.55%
86.5 M FINANCING CASH FLOW
-86.05%
0 REVENUE
0.00%
-58.1 M OPERATING INCOME
-29.81%
-56.3 M NET INCOME
6.84%
-30.4 M OPERATING CASH FLOW
7.31%
-109 M INVESTING CASH FLOW
45.60%
204 M FINANCING CASH FLOW
2.21%
Balance Sheet Decomposition Summit Therapeutics Inc.
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Current Assets 190 M
Cash & Short-Term Investments 186 M
Receivables 848 K
Other Current Assets 2.62 M
Non-Current Assets 13.2 M
Long-Term Investments 0
PP&E 6.06 M
Other Non-Current Assets 7.17 M
Current Liabilities 20.4 M
Accounts Payable 2.67 M
Short-Term Debt 2.81 M
Other Current Liabilities 14.9 M
Non-Current Liabilities 105 M
Long-Term Debt 103 M
Other Non-Current Liabilities 1.56 M
EFFICIENCY
Earnings Waterfall Summit Therapeutics Inc.
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Revenue 0
Cost Of Revenue 2.05 M
Gross Profit -2.05 M
Operating Expenses 87.7 M
Operating Income -89.7 M
Other Expenses 525 M
Net Income -615 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-791.49% ROE
-791.49%
-303.00% ROA
-303.00%
-50.42% ROIC
-50.42%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Summit Therapeutics Inc.
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Net Income -615 M
Depreciation & Amortization 2.05 M
Capital Expenditures -128 K
Stock-Based Compensation 14.1 M
Change in Working Capital -2.37 M
Others 519 M
Free Cash Flow -76.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Summit Therapeutics Inc.
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Wall Street analysts predict an average 1-year price target for SMMT of $27 , with forecasts ranging from a low of $8 to a high of $45 .
SMMT Lowest Price Target Wall Street Target
8 USD -56.31%
SMMT Average Price Target Wall Street Target
27 USD 47.46%
SMMT Highest Price Target Wall Street Target
45 USD 145.77%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Summit Therapeutics Inc.
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Sold
0-3 MONTHS
0 USD 0
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
786 K USD 2
6-9 MONTHS
54.6 K USD 2
9-12 MONTHS
Date Value Insider Amount Avg Price
7 months ago
Mar 27, 2024
Bought 128 K USD
Zanganeh Mahkam
Chief Executive Officer
+ 34321
3.72 USD
7 months ago
Mar 27, 2024
Bought 96.7 K USD
Zanganeh Mahkam
Chief Executive Officer
+ 26000
3.72 USD
7 months ago
Mar 27, 2024
Bought 74.2 K USD
Zanganeh Mahkam
Chief Executive Officer
+ 20000
3.71 USD
7 months ago
Mar 26, 2024
Bought 112 K USD
Zanganeh Mahkam
Chief Executive Officer
+ 30000
3.75 USD
7 months ago
Mar 26, 2024
Bought 375 K USD
Dhingra Ankur
Chief Financial Officer
+ 100000
3.75 USD
11 months ago
Dec 12, 2023
Bought 10.4 K USD
Zanganeh Mahkam
Chief Executive Officer
+ 5000
2.07 USD
11 months ago
Dec 13, 2023
Bought 42.7 K USD
Dhingra Ankur
Chief Financial Officer
+ 19700
2.17 USD
11 months ago
Dec 13, 2023
Bought 1.5 K USD
Dhingra Ankur
Chief Financial Officer
+ 700
2.15 USD
1 year ago
Oct 13, 2023
Bought 5 M USD
Soni Manmeet Singh
Chief Operating Officer
+ 2976190
1.68 USD
1 year ago
Mar 08, 2023
Bought 17.6 M USD
Zanganeh Mahkam
Co-CEO & President
+ 16778415
1.05 USD
1 year ago
Mar 08, 2023
Bought 7.09 M USD
Zanganeh Mahkam
Co-CEO & President
+ 6748629
1.05 USD
1 year ago
Mar 08, 2023
Bought 16.8 M USD
Zanganeh Mahkam
Co-Chief Executive Officer
+ 15973743
1.05 USD
1 year ago
Mar 08, 2023
Bought 7.09 M USD
Zanganeh Mahkam
Co-Chief Executive Officer
+ 6748629
1.05 USD
1 year ago
Mar 08, 2023
Bought 845 K USD
Zanganeh Mahkam
Co-Chief Executive Officer
+ 804672
1.05 USD
1 year ago
Mar 07, 2023
Bought 206 K USD
Dhingra Ankur
Chief Financial Officer
+ 196362
1.05 USD
2 years ago
Aug 16, 2022
Bought 12.6 K USD
Dhingra Ankur
Chief Financial Officer
+ 13027
0.97 USD
2 years ago
Aug 16, 2022
Bought 23.9 K USD
Dhingra Ankur
Chief Financial Officer
+ 24658
0.97 USD
1 year ago
Mar 06, 2023
Bought 395 M USD
DUGGAN ROBERT W
Chief Executive Officer
+ 376489880
1.05 USD
2 years ago
Aug 16, 2022
Bought 92 M USD
DUGGAN ROBERT W
Chief Executive Officer
+ 94849203
0.97 USD
2 years ago
Aug 16, 2022
Bought 4.46 M USD
Zanganeh Maky
Co-CEO & President
+ 4593777
0.97 USD
2 years ago
Aug 16, 2022
Bought 1 M USD
Zanganeh Maky
Co-CEO & President
+ 1030925
0.97 USD
2 years ago
Aug 16, 2022
Bought 179 K USD
Zanganeh Maky
Co-CEO & President
+ 184430
0.97 USD
2 years ago
Aug 16, 2022
Bought 11.2 K USD
Dhingra Ankur
Chief Financial Officer
+ 11557
0.97 USD
3 years ago
May 12, 2021
Bought 59.6 M USD
DUGGAN ROBERT W
Chief Executive Officer
+ 11365921
5.24 USD
3 years ago
May 12, 2021
Bought 2.04 M USD
Zanganeh Maky
Chief Operating Officer
+ 389077
5.24 USD
3 years ago
Nov 30, 2020
Sell 60.9 K USD
Powell David Jonathan
Chief Scientific Officer
- 13713
4.44 USD
3 years ago
Nov 27, 2020
Sell 130 K USD
Powell David Jonathan
Chief Scientific Officer
- 29569
4.39 USD
3 years ago
Nov 24, 2020
Sell 47.9 K USD
Powell David Jonathan
Chief Scientific Officer
- 11374
4.21 USD
3 years ago
Nov 25, 2020
Sell 52.1 K USD
Powell David Jonathan
Chief Scientific Officer
- 12070
4.32 USD
3 years ago
Nov 23, 2020
Sell 30.7 K USD
Powell David Jonathan
Chief Scientific Officer
- 6987
4.4 USD
4 years ago
Nov 06, 2020
Bought 47 M USD
DUGGAN ROBERT W
Chief Executive Officer
+ 14071856
3.34 USD
7. News
2 Hot Biopharma Stocks to Buy and Hold for 5 Years If you're patient, these businesses have a lot of promising projects in the works. fool.com - 1 week ago
Why Summit Therapeutics Stock Was a Winner Today A cancer drug has vast potential for the company, says a pundit newly following it. fool.com - 1 week ago
Summit Therapeutics 'Unique Investment In Oncology,' Lead Drug Candidate Shows Promise Over Keytruda And Opdivo JMP Securities initiated coverage on Summit Therapeutics Inc. SMMT, noting the company's initial focus on infectious disease. Later, in 2022, the company pivoted to oncology and in-licensed ivonescimab (PD-1 X VEGF bispecific) from Akeso for $500 million upfront and $5 billion in potential milestones. benzinga.com - 1 week ago
Summit Therapeutics: Is Their Lung Cancer Drug a Game Changer? Summit Therapeutics Inc. NASDAQ: SMMT is a development-stage biotech company specializing in novel therapies for oncology and infectious diseases. Their leading drug candidate is Ivonescimab, an immunotherapy treatment being tested on non-small cell lung cancer (NSCLC). marketbeat.com - 1 week ago
3 Magnificent Stocks Under $100 to Buy in November The price could be right for these stocks. fool.com - 1 week ago
Summit Therapeutics Posts Wider-Than-Expected Loss in Q3, Nil Sales SMMT's third-quarter earnings miss estimates. Management also provides updates on the company's pipeline. zacks.com - 2 weeks ago
3 Stocks That Have Generated 1,000% Returns in Just 2 Years Should you add these fast-growing stocks to your portfolio? fool.com - 2 weeks ago
Summit Therapeutics Inc. (SMMT) Q3 2024 Earnings Call Transcript Summit Therapeutics Inc. (NASDAQ:SMMT ) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Dave Gancarz - Chief Business and Strategy Officer Bob Duggan - Chairman and CEO Maky Zanganeh - CEO and President Manmeet Soni - COO and CFO Allen Yang - Chief Medical Officer Conference Call Participants Mitchell Kapoor - H. C. Wainwright Brad Canino - Stifel Yigal Nochomovitz - Citi Operator Good morning. seekingalpha.com - 2 weeks ago
Summit Therapeutics Reports Operational Progress and Financial Results for the Third Quarter and Nine Months Ended September 30, 2024 MIAMI--(BUSINESS WIRE)---- $SMMT--Summit Therapeutics Inc. (NASDAQ: SMMT) ("Summit," "we," or the "Company") today reported an update on its operational progress and financial results for the third quarter and nine months ended September 30, 2024. Operational & Corporate Updates Our operational progress continues with ivonescimab (SMT112), an investigational, potentially first-in-class bispecific antibody combining the effects of immunotherapy via a blockade of PD-1 with the anti-angiogenesis effects. businesswire.com - 2 weeks ago
Is Summit Therapeutics a Millionaire Maker? The potential upside of this stock is undeniably meaty. fool.com - 2 weeks ago
Summit Therapeutics Stock: Sell or Hold Before Q3 Earnings? Devoid of any marketed drug in its portfolio, investors will likely focus on SMMT's pipeline updates when it reports third-quarter results this month. zacks.com - 3 weeks ago
Up Over 600% in 2024, Can Summit Therapeutics Stock Keep Rising? This drugmaker's lead candidate could become a top-selling cancer therapy. fool.com - 3 weeks ago
8. Profile Summary

Summit Therapeutics Inc. SMMT

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 13.5 B
Dividend Yield 0.00%
Description Summit Therapeutics Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat infectious diseases in the United States and Latin America. It conducts clinical programs focusing on Clostridioides difficile infection (CDI). The company's lead product candidate is ridinilazole, an orally administered small molecule antibiotic that is in Phase III clinical trials for the treatment of CDI. It also offers SMT-738, for combating multidrug resistant infections primarily carbapenem-resistant Enterobacteriaceae infections; and DDS-04 series for the potential treatment of infections caused by the Enterobacteriaceae. The company was founded in 2003 and is based in Cambridge, Massachusetts.
Contact One Broadway, Cambridge, MA, 02142 https://www.summittxinc.com
IPO Date March 5, 2015
Employees 105
Officers Ms. Abby Guzman Murphy Head of Human Resources Dr. Fong Clow Chief Biometrics Officer Ms. Shelley D. Spray Chief Education & Brand Officer Dr. Mahkam Zanganeh D.D.S., M.B.A. Co-Chief Executive Officer, President & Director Dr. Betty Y. Chang Ph.D. Head of Research, Oncology & Inflammation Mr. Bhaskar Anand Chief Accounting Officer & Head of Finance Mr. Dave Gancarz Chief Business & Strategy Officer Mr. Robert W. Duggan Co-Chief Executive Officer & Executive Chairman Prof. Dame Kay Davies DBE, FRS CBE Co-Founder, Chairman of Scientific Advisory Board and Scientific Advisor Ms. Divya Chari Head of Global Clinical Operations