Profile
Sector:
HealthcareIndustry:
BiotechnologyCountry:
United StatesIPO:
14 April 2004Website:
http://www.corcept.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
regular market | 1 min agoDividend
Analysts recommendations
Institutional Ownership
CORT Latest News
The average of price targets set by Wall Street analysts indicates a potential upside of 56.7% in Corcept (CORT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Corcept (CORT) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Corcept (CORT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Corcept Therapeutics (CORT) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.28 per share a year ago.
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are IDR, QFIN, SEZL, CORT, FINW.
Corcept (CORT) 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.
The mean of analysts' price targets for Corcept (CORT) points to a 43% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Corcept (CORT) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Corcept's upcoming Q4 announcements include pivotal trial results for Relacorilant in ovarian cancer, Dazucorilant in ALS, and an NDA filing for Relacorilant in Cushing's. Positive results from these trials could significantly boost CORT's revenue potential, especially in non-Cushing's applications like cancer and ALS. Corcept's academic alliances enhance its research capabilities, supporting the development of diverse cortisol modulators for various diseases.
Here, we are discussing some reasons why investing in CORT stock now may turn out to be a prudent move.
What type of business is Corcept Therapeutics Incorporated?
Corcept Therapeutics Incorporated is an American pharmaceutical company headquartered in Menlo Park, California, specializing in the development of drugs for patients with metabolic and oncological diseases, as well as mental disorders. It was founded in 1998. The company has focused on the side effects of excess cortisol (a hormone produced by the adrenal glands), studying new compounds that can alleviate these effects. Since 2012, it has been marketing Korlym (mifepristone) for the treatment of patients suffering from Cushing's syndrome, a condition caused by excessive cortisol activity. The drug is sold exclusively in the United States through sales representatives, specialized pharmacies, and distributors. The drug is manufactured by third-party organizations such as Produits Chimiques Auxiliaires et de Synthes SA.
What sector is Corcept Therapeutics Incorporated in?
Corcept Therapeutics Incorporated is in the Healthcare sector
What industry is Corcept Therapeutics Incorporated in?
Corcept Therapeutics Incorporated is in the Biotechnology industry
What country is Corcept Therapeutics Incorporated from?
Corcept Therapeutics Incorporated is headquartered in United States
When did Corcept Therapeutics Incorporated go public?
Corcept Therapeutics Incorporated initial public offering (IPO) was on 14 April 2004
What is Corcept Therapeutics Incorporated website?
https://www.corcept.com
Is Corcept Therapeutics Incorporated in the S&P 500?
No, Corcept Therapeutics Incorporated is not included in the S&P 500 index
Is Corcept Therapeutics Incorporated in the NASDAQ 100?
No, Corcept Therapeutics Incorporated is not included in the NASDAQ 100 index
Is Corcept Therapeutics Incorporated in the Dow Jones?
No, Corcept Therapeutics Incorporated is not included in the Dow Jones index
When was Corcept Therapeutics Incorporated the previous earnings report?
No data
When does Corcept Therapeutics Incorporated earnings report?
Next earnings report date is not announced yet