NASDAQ
CORT

Corcept Therapeutics Incorporated

Biotechnology
Healthcare

Prices are adjusted according to historical splits.

Corcept Therapeutics Incorporated Stock Price

Vitals

Today's Low:
$32.89
Today's High:
$33.3
Open Price:
$33.11
52W Low:
$17.86
52W High:
$30.14
Prev. Close:
$33.04
Volume:
356557

Company Statistics

Market Cap.:
$2.36 billion
Book Value:
4.896
Revenue TTM:
$413.82 million
Operating Margin TTM:
24.34%
Gross Profit TTM:
$396.47 million
Profit Margin:
22.84%
Return on Assets TTM:
11.59%
Return on Equity TTM:
20.16%

Company Profile

Corcept Therapeutics Incorporated had its IPO on 2004-04-14 under the ticker symbol CORT.

The company operates in the Healthcare sector and Biotechnology industry. Corcept Therapeutics Incorporated has a staff strength of 299 employees.

Stock update

Shares of Corcept Therapeutics Incorporated opened at $33.11 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $32.89 - $33.3, and closed at $33.03.

This is a -0.03% slip from the previous day's closing price.

A total volume of 356,557 shares were traded at the close of the day’s session.

In the last one week, shares of Corcept Therapeutics Incorporated have slipped by -0.21%.

Corcept Therapeutics Incorporated's Key Ratios

Corcept Therapeutics Incorporated has a market cap of $2.36 billion, indicating a price to book ratio of 4.8621 and a price to sales ratio of 5.4634.

In the last 12-months Corcept Therapeutics Incorporated’s revenue was $413.82 million with a gross profit of $396.47 million and an EBITDA of $101.38 million. The EBITDA ratio measures Corcept Therapeutics Incorporated's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Corcept Therapeutics Incorporated’s operating margin was 24.34% while its return on assets stood at 11.59% with a return of equity of 20.16%.

In Q1, Corcept Therapeutics Incorporated’s quarterly earnings growth was a negative -30% while revenue growth was a positive 12.8%.

Corcept Therapeutics Incorporated’s PE and PEG Ratio

Forward PE
19.4553
Trailing PE
29.0375
PEG
0.61

Its diluted EPS in the last 12-months stands at $0.8 per share while it has a forward price to earnings multiple of 19.4553 and a PEG multiple of 0.61. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Corcept Therapeutics Incorporated’s profitability.

Corcept Therapeutics Incorporated stock is trading at a EV to sales ratio of 4.796 and a EV to EBITDA ratio of 14.6898. Its price to sales ratio in the trailing 12-months stood at 5.4634.

Corcept Therapeutics Incorporated stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$617.85 million
Total Liabilities
$25.22 million
Operating Cash Flow
$207.48 million
Capital Expenditure
$0
Dividend Payout Ratio
0%

Corcept Therapeutics Incorporated ended 2024 with $617.85 million in total assets and $0 in total liabilities. Its intangible assets were valued at $617.85 million while shareholder equity stood at $529.58 million.

Corcept Therapeutics Incorporated ended 2024 with $0 in deferred long-term liabilities, $25.22 million in other current liabilities, 131000.00 in common stock, $312.27 million in retained earnings and $0 in goodwill. Its cash balance stood at $465.06 million and cash and short-term investments were $465.06 million. The company’s total short-term debt was $575,000 while long-term debt stood at $0.

Corcept Therapeutics Incorporated’s total current assets stands at $528.18 million while long-term investments were $0 and short-term investments were $165.12 million. Its net receivables were $46.56 million compared to accounts payable of $11.22 million and inventory worth $16.57 million.

In 2024, Corcept Therapeutics Incorporated's operating cash flow was $207.48 million while its capital expenditure stood at $0.

Comparatively, Corcept Therapeutics Incorporated paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$33.03
52-Week High
$30.14
52-Week Low
$17.86
Analyst Target Price
$30.67

Corcept Therapeutics Incorporated stock is currently trading at $33.03 per share. It touched a 52-week high of $30.14 and a 52-week low of $30.14. Analysts tracking the stock have a 12-month average target price of $30.67.

Its 50-day moving average was $28.08 and 200-day moving average was $23.84 The short ratio stood at 24.44 indicating a short percent outstanding of 0%.

Around 1159.1% of the company’s stock are held by insiders while 8362.2% are held by institutions.

Frequently Asked Questions About Corcept Therapeutics Incorporated

The stock symbol (also called stock or share ticker) of Corcept Therapeutics Incorporated is CORT

The IPO of Corcept Therapeutics Incorporated took place on 2004-04-14

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About

Corcept Therapeutics Incorporated engages in discovery and development of drugs for the treatment of severe metabolic, oncologic, endocrine, and neurological disorders in the United States. It offers Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing’s syndrome, who have type 2 diabetes mellitus or glucose intolerance, and have failed surgery or are not candidates for surgery. The company is developing relacorilant to treat patients with Cushing’s syndrome; and nab-paclitaxel in combination with relacorilant, which has completed Phase II clinical trial to treat patients with advanced ovarian tumors, as well as for the treatment of cortisol excess. It is also developing selective cortisol modulator to treat patients with metastatic castration-resistant prostate cancer; selective cortisol modulator for the treatment of antipsychotic-induced weight gain and other disorders; and FKBP5 gene expression assays. The company was incorporated in 1998 and is headquartered in Menlo Park, California.

Address

149 Commonwealth Drive, Menlo Park, CA, United States, 94025