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1 Comment
Coherus BioSciences, Inc is currently in a long term downtrend where the price is trading 17.4% below its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 2.5.
Coherus BioSciences, Inc's total revenue sank by 10.8% to $110M since the same quarter in the previous year.
Its net income has dropped by 75.3% to $10M since the same quarter in the previous year.
Finally, its free cash flow grew by 414.9% to $32M since the same quarter in the previous year.
Based on the above factors, Coherus BioSciences, Inc gets an overall score of 2/5.
Industry | Biotechnology |
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CurrencyCode | USD |
Exchange | NASDAQ |
ISIN | US19249H1032 |
Sector | Healthcare |
Market Cap | 622M |
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PE Ratio | None |
Target Price | 17.13 |
Beta | 0.92 |
Dividend Yield | 0.0% |
Coherus BioSciences, Inc., a biopharmaceutical company, focuses on the biosimilar and immuno-oncology market primarily in the United States. The company provides UDENYCA, a biosimilar to Neulasta, a long-acting granulocyte-colony stimulating factor; and CIMERLI, a biosimilar to Lucentis, a biosimilar product interchangeable with Lucentis for the treatment of neovascular age-related macular degeneration, macular edema following retinal vein occlusion, diabetic macular edema, diabetic retinopathy, and myopic choroidal neovascularization in the United States. It also offers YUSIMRY, a biosimilar to Humira for the treatment of patients with inflammatory diseases characterized by increased production of tumor necrosis factor (TNF) in the body, including rheumatoid arthritis, juvenile idiopathic arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, psoriasis, and ulcerative colitis. Coherus BioSciences, Inc. has license agreements with Selexis SA; AbbVie, Inc.; Pfizer, Inc.; Bioeq AG; and Shanghai Junshi Biosciences Co., Ltd. The company was formerly known as BioGenerics, Inc. and changed its name to Coherus BioSciences, Inc. in April 2012. Coherus BioSciences, Inc. was incorporated in 2010 and is headquartered in Redwood City, California.
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