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NASDAQ:OCUL

Ocular Therapeutix (OCUL) Stock Price, News & Analysis

$4.46
-0.06 (-1.33%)
(As of 12/29/2023 ET)
Today's Range
$4.43
$4.72
50-Day Range
$2.08
$4.52
52-Week Range
$2.00
$7.96
Volume
1.53 million shs
Average Volume
1.73 million shs
Market Capitalization
$354.21 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.00

Ocular Therapeutix MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
213.9% Upside
$14.00 Price Target
Short Interest
Healthy
5.72% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.01
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.21) to ($1.06) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Medical Sector

242nd out of 950 stocks

Pharmaceutical Preparations Industry

110th out of 442 stocks


OCUL stock logo

About Ocular Therapeutix Stock (NASDAQ:OCUL)

Ocular Therapeutix, Inc., a biopharmaceutical company, focuses on the formulation, development, and commercialization of therapies for diseases and conditions of the eye using its bioresorbable hydrogel-based formulation technology in the United States. The company markets ReSure Sealant, an ophthalmic device to prevent wound leaks in corneal incisions following cataract surgery; and DEXTENZA, a dexamethasone ophthalmic insert to treat post-surgical ocular inflammation and pain following ophthalmic surgery, as well as allergic conjunctivitis. It is also developing OTX-TKI, an axitinib intravitreal implant that is in phase 1 clinical trials for the treatment of wet age-related macular degeneration and other retinal diseases; OTX-TIC, a travoprost intracameral implant, which is in phase 2 clinical trials for the treatment of open-angle glaucoma or ocular hypertension; OTX-CSI, a cyclosporine intracanalicular insert that has completed phase 2 clinical trials for the treatment of dry eye disease; and OTX-DED, a dexamethasone intracanalicular insert, which is in phase 2 clinical trials for the short-term treatment of the signs and symptoms of dry eye disease. Ocular Therapeutix, Inc. has a strategic collaboration with Regeneron Pharmaceuticals, Inc. (Regeneron) for the development and commercialization of products using the Company's sustained-release hydrogel in combination with Regeneron's large molecule VEGF-targeting compounds for the treatment of retinal diseases; and AffaMed Therapeutics Limited for the development and commercialization of DEXTENZA and OTX-TIC, as well as a discovery collaboration with Mosaic Biosciences to identify new targets and therapeutic agents for the treatment of dry age-related macular degeneration (dMAD). The company was incorporated in 2006 and is headquartered in Bedford, Massachusetts.

OCUL Stock Price History

OCUL Stock News Headlines

Ocular Therapeutix (NASDAQ:OCUL) Downgraded by StockNews.com
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Ocular Therapeutix Prices Public Offering At $3.25/share
Ocular Therapeutix Inc OCUL
Recap: Ocular Therapeutix Q3 Earnings
Here's what Wall Street expects from Ocular Therapeutix's earnings
See More Headlines
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Company Calendar

Last Earnings
11/07/2023
Today
12/31/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/04/2024

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:OCUL
Employees
274
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.00
High Stock Price Target
$18.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+213.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-71,040,000.00
Net Margins
-116.18%
Pretax Margin
-116.18%

Debt

Sales & Book Value

Annual Sales
$51.49 million
Book Value
$0.46 per share

Miscellaneous

Free Float
75,051,000
Market Cap
$354.21 million
Optionable
Optionable
Beta
1.07
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Key Executives

  • Mr. Antony MattessichMr. Antony Mattessich (Age 55)
    President, CEO & Director
    Comp: $1.05M
  • Mr. Donald Notman Jr.
    Chief Financial Officer
  • Dr. Rabia Gurses Ozden M.D. (Age 55)
    Chief Medical Officer
    Comp: $621.39k
  • Dr. Peter K. Jarrett Ph.D. (Age 66)
    Chief Scientific Officer
  • Mr. Philip C. Strassburger Esq. (Age 63)
    General Counsel
    Comp: $282.61k
  • Mr. William H. Ransone II
    Vice President of Global Sales & Marketing
  • Ms. Tracy Smith
    Vice President of Human Resources
  • Mr. Christopher G. White (Age 61)
    Chief Business Officer
  • Dr. Karen-Leigh Edwards M.B.A.
    Ph.D., Senior Vice President of Technical Operations
  • Mr. Steve Meyers
    Senior Vice President of Commercial














OCUL Stock Analysis - Frequently Asked Questions

Should I buy or sell Ocular Therapeutix stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ocular Therapeutix in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OCUL shares.
View OCUL analyst ratings
or view top-rated stocks.

What is Ocular Therapeutix's stock price target for 2024?

3 equities research analysts have issued twelve-month price objectives for Ocular Therapeutix's stock. Their OCUL share price targets range from $12.00 to $18.00. On average, they predict the company's share price to reach $14.00 in the next year. This suggests a possible upside of 213.9% from the stock's current price.
View analysts price targets for OCUL
or view top-rated stocks among Wall Street analysts.

How have OCUL shares performed in 2023?

Ocular Therapeutix's stock was trading at $2.81 on January 1st, 2023. Since then, OCUL shares have increased by 58.7% and is now trading at $4.46.
View the best growth stocks for 2023 here
.

When is Ocular Therapeutix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 4th 2024.
View our OCUL earnings forecast
.

How were Ocular Therapeutix's earnings last quarter?

Ocular Therapeutix, Inc. (NASDAQ:OCUL) issued its quarterly earnings results on Tuesday, November, 7th. The biopharmaceutical company reported ($0.51) earnings per share for the quarter, missing analysts' consensus estimates of ($0.27) by $0.24. The biopharmaceutical company had revenue of $15.08 million for the quarter, compared to analysts' expectations of $15.41 million. Ocular Therapeutix had a negative trailing twelve-month return on equity of 589.24% and a negative net margin of 116.18%.

What ETFs hold Ocular Therapeutix's stock?

ETFs with the largest weight of Ocular Therapeutix (NASDAQ:OCUL) stock in their portfolio include SPDR S&P Pharmaceuticals ETF (XPH).Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL).

What other stocks do shareholders of Ocular Therapeutix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ocular Therapeutix investors own include Clearside Biomedical (CLSD), Northwest Biotherapeutics (NWBO), Novavax (NVAX), Dynavax Technologies (DVAX), Omeros (OMER), Gilead Sciences (GILD), TG Therapeutics (TGTX), Inovio Pharmaceuticals (INO) and SCYNEXIS (SCYX).

How do I buy shares of Ocular Therapeutix?

Shares of OCUL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OCUL) was last updated on 12/31/2023 by MarketBeat.com Staff

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