Ocular Therapeutix Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 66/158 in the Pharmaceuticals industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 23.58.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Ocular Therapeutix Inc's Score
Industry at a Glance
Industry Ranking
66 / 158
Overall Ranking
166 / 4563
Industry
Pharmaceuticals
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
13
analysts
Buy
Current Rating
23.583
Target Price
+46.39%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Ocular Therapeutix Inc Highlights
StrengthsRisks
Ocular Therapeutix, Inc. is a fully-integrated biopharmaceutical company. AXPAXLI, the Company's investigational product candidate for retinal disease, is an axitinib intravitreal hydrogel based on its ELUTYX bioresorbable hydrogel-based formulation technology. Its pipeline also leverages the ELUTYX technology in its commercial product DEXTENZA, a corticosteroid for the treatment of ocular inflammation and pain following ophthalmic surgery in adults and pediatric patients, and ocular itching associated with allergic conjunctivitis in adults and pediatric patients aged two years or older, and in its investigational product candidate PAXTRAVA, which is a travoprost intracameral hydrogel for the treatment of open-angle glaucoma or ocular hypertension. The ELUTYX technology provides delivery solutions for durable therapies for wet age-related macular degeneration (wet AMD), NPDR, DME, proliferative diabetic retinopathy, retinal vein occlusion, and other diseases and conditions of the eye.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 23.75% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 63.72M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 63.72M.
Undervalued
The company’s latest PE is -8.76, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 156.52M shares, increasing 4.57% quarter-over-quarter.
Ocular Therapeutix, Inc. is a fully-integrated biopharmaceutical company. AXPAXLI, the Company's investigational product candidate for retinal disease, is an axitinib intravitreal hydrogel based on its ELUTYX bioresorbable hydrogel-based formulation technology. Its pipeline also leverages the ELUTYX technology in its commercial product DEXTENZA, a corticosteroid for the treatment of ocular inflammation and pain following ophthalmic surgery in adults and pediatric patients, and ocular itching associated with allergic conjunctivitis in adults and pediatric patients aged two years or older, and in its investigational product candidate PAXTRAVA, which is a travoprost intracameral hydrogel for the treatment of open-angle glaucoma or ocular hypertension. The ELUTYX technology provides delivery solutions for durable therapies for wet age-related macular degeneration (wet AMD), NPDR, DME, proliferative diabetic retinopathy, retinal vein occlusion, and other diseases and conditions of the eye.
Ticker SymbolOCUL
CompanyOcular Therapeutix Inc
CEODugel (Pravin U)
Websitehttps://www.ocutx.com/
FAQs
What is the current price of Ocular Therapeutix Inc (OCUL)?
The current price of Ocular Therapeutix Inc (OCUL) is 12.560.
What is the symbol of Ocular Therapeutix Inc?
The ticker symbol of Ocular Therapeutix Inc is OCUL.
What is the 52-week high of Ocular Therapeutix Inc?
The 52-week high of Ocular Therapeutix Inc is 16.440.
What is the 52-week low of Ocular Therapeutix Inc?
The 52-week low of Ocular Therapeutix Inc is 5.785.
What is the market capitalization of Ocular Therapeutix Inc?
The market capitalization of Ocular Therapeutix Inc is 2.20B.
What is the net income of Ocular Therapeutix Inc?
The net income of Ocular Therapeutix Inc is -193.51M.
Is Ocular Therapeutix Inc (OCUL) currently rated as Buy, Hold, or Sell?
According to analysts, Ocular Therapeutix Inc (OCUL) has an overall rating of Buy, with a price target of 23.583.
What is the Earnings Per Share (EPS TTM) of Ocular Therapeutix Inc (OCUL)?
The Earnings Per Share (EPS TTM) of Ocular Therapeutix Inc (OCUL) is -1.434.