Rocket Pharmaceuticals Inc's fundamentals are relatively weak, and its growth potential is high.Its valuation is considered fairly valued, ranking 166/404 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 7.88.In the medium term, the stock price is expected to remain stable.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Rocket Pharmaceuticals Inc's Score
Industry at a Glance
Industry Ranking
166 / 404
Overall Ranking
293 / 4578
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
15
analysts
Buy
Current Rating
7.875
Target Price
+125.00%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Rocket Pharmaceuticals Inc Highlights
StrengthsRisks
Rocket Pharmaceuticals, Inc. is a fully integrated, late-stage biotechnology company focused on the development of gene therapies for rare and devastating diseases. The Company has two clinical stage and one pre-clinical stage in vivo adeno-associated viral (AAV) programs in the United States, which include programs for Danon disease (DD), a multi-organ lysosomal-associated disorder leading to early death due to heart failure; Plakophilin-2 Arrhythmogenic Cardiomyopathy (PKP2-ACM), an inheritable cardiac disorder that is characterized by a progressive loss of cardiac muscle mass, severe right ventricular dilation, dysplasia, fibrofatty replacement of the myocardium and a high propensity to arrhythmias and sudden death (RP-A601), and BAG3 Dilated Cardiomyopathy (BAG3-DCM), which is the most common form of cardiomyopathy and is characterized by progressive thinning of the walls of the heart resulting in enlarged heart chambers that are unable to pump blood.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Overvalued
The company’s latest PE is -1.57, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 97.15M shares, decreasing 12.26% quarter-over-quarter.
Rocket Pharmaceuticals, Inc. is a fully integrated, late-stage biotechnology company focused on the development of gene therapies for rare and devastating diseases. The Company has two clinical stage and one pre-clinical stage in vivo adeno-associated viral (AAV) programs in the United States, which include programs for Danon disease (DD), a multi-organ lysosomal-associated disorder leading to early death due to heart failure; Plakophilin-2 Arrhythmogenic Cardiomyopathy (PKP2-ACM), an inheritable cardiac disorder that is characterized by a progressive loss of cardiac muscle mass, severe right ventricular dilation, dysplasia, fibrofatty replacement of the myocardium and a high propensity to arrhythmias and sudden death (RP-A601), and BAG3 Dilated Cardiomyopathy (BAG3-DCM), which is the most common form of cardiomyopathy and is characterized by progressive thinning of the walls of the heart resulting in enlarged heart chambers that are unable to pump blood.
Ticker SymbolRCKT
CompanyRocket Pharmaceuticals Inc
CEOShah (Gaurav D)
Websitehttps://www.rocketpharma.com/
FAQs
What is the current price of Rocket Pharmaceuticals Inc (RCKT)?
The current price of Rocket Pharmaceuticals Inc (RCKT) is 3.345.
What is the symbol of Rocket Pharmaceuticals Inc?
The ticker symbol of Rocket Pharmaceuticals Inc is RCKT.
What is the 52-week high of Rocket Pharmaceuticals Inc?
The 52-week high of Rocket Pharmaceuticals Inc is 13.350.
What is the 52-week low of Rocket Pharmaceuticals Inc?
The 52-week low of Rocket Pharmaceuticals Inc is 2.190.
What is the market capitalization of Rocket Pharmaceuticals Inc?
The market capitalization of Rocket Pharmaceuticals Inc is 361.96M.
What is the net income of Rocket Pharmaceuticals Inc?
The net income of Rocket Pharmaceuticals Inc is -258.75M.
Is Rocket Pharmaceuticals Inc (RCKT) currently rated as Buy, Hold, or Sell?
According to analysts, Rocket Pharmaceuticals Inc (RCKT) has an overall rating of Buy, with a price target of 7.875.
What is the Earnings Per Share (EPS TTM) of Rocket Pharmaceuticals Inc (RCKT)?
The Earnings Per Share (EPS TTM) of Rocket Pharmaceuticals Inc (RCKT) is -2.244.