Praxis Precision Medicines Inc

Praxis Precision Medicines Inc

PRAX · NASDAQ · Healthcare / Biotechnology

328.13USD+3.37 (+1.04%)

Price History

Full chart

Market Stats

Previous Close324.76
Open322.01
Day Range315.23 – 329.37
52-Week Range160.11 – 392.70
Volume350.89K
Market Cap7.75B
P/E (TTM)0.00
Forward P/E0.00
EPS-12.95
Dividend Yield0.00%
Beta2.84
50-Day Avg291.73
200-Day Avg313.95

About

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, engages in the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance in the United States. The company's platforms include Cerebrum, a small molecule platform for CNS small molecule therapies to develop orally available precision therapies; and Solidus to discover and develop antisense oligonucleotide. It also develops ulixacaltamide, a small molecule inhibitor of T-type calcium channels that in NDA for the treatment of essential tremor; relutrigine, a small molecule, which is in NDA for the treatment of SCN2A- and SCN8A-developmental and epileptic encephalopathies (DEE), as well as in Phase 3 trial for broad DEEs; vormatrigine, a small molecule targeting the hyperexcitable state of sodium-channels in the brain that is in Phase 3 trial for the treatment of adjunctive focal epilepsy, as well as in Phase 2 trial for monotherapy focal epilepsy; and Elsunersen, a clinical-stage ASO designed to selectively decrease SCN2A gene expression, which is in Phase 3 trial for the treatment of SCN2A-DEE. In addition, the company is developing product candidates in pre-clinical trial comprising PRAX-020 to treat KCNT1; PRAX-080 that targets PCDH19 mosaic expression disorders; PRAX-090 for targeting SYNGAP1 loss-of-function; and PRAX-100 that targets SCN2A LoF mutations. It has a cooperation and license agreement with RogCon Inc.; research collaboration, option, and license agreement with Ionis Pharmaceuticals, Inc.; and research collaboration and license agreement to develop an iontophoretic transdermal patch for the delivery of ulixacaltamide. The company was formerly known as EpiPM Therapeutics, Inc. and changed its name to Praxis Precision Medicines, Inc. in October 2016. Praxis Precision Medicines, Inc. was incorporated in 2015 and is headquartered in Boston, Massachusetts.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMr. Marcio Silva De'Souza M.B.A.
  • Employees168
  • Headquarters99 High Street, Boston, MA, United States, 02110, USA
  • Websitehttps://praxismedicines.com

Leadership

  • Mr. Marcio Silva De'Souza M.B.A.President, CEO & Director · b. 1979
  • Mr. Timothy Edwin KellyCFO & Treasurer · b. 1973
  • Mr. Alex Nemiroff J.D.General Counsel & Secretary · b. 1979
  • Dr. Steven Petrou B.Sc. (Hons.), Ph.D.Co-Founder and President of Research & Development
  • Ms. Megan T. SniecinskiChief Operating Officer · b. 1981
  • Dr. Karl Hansen Ph.D.Chief Technical Operations Officer
  • Ms. Kelly McCueChief People Officer
  • Ms. Alyssa J. S. WyantChief Regulatory & Quality Officer · b. 1975
  • Mr. Brian SparChief of Staff
  • Dr. Orrin Devinsky M.D., Ph.D.Head of Clinical Strategy · b. 1958

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue00001.46M2.45M8.55M0
Growth (%)-----+67.14%+249.53%-100.00%
Cost of Revenue1.00K679.00K746.00K1.59M1.17M86.77M152.41M140.00K
Gross Profit-1.00K-679.00K-746.00K-1.59M-1.17M-84.32M-143.86M-140.00K
Gross Margin-----79.99%-3445.81%-1681.98%-
Operating Expense22.72M35.11M61.22M165.74M213.81M42.05M56.30M326.06M
Operating Income-22.72M-35.79M-61.97M-167.33M-214.99M-126.37M-200.16M-326.20M
Operating Margin-----14684.84%-5164.41%-2340.29%-
EBITDA-26.27M-34.92M-61.92M-167.15M-214.57M-122.84M-182.46M-303.13M
EBITDA Margin-----14656.22%-5020.23%-2133.30%-
Net Income-26.54M-35.51M-61.82M-166.88M-213.07M-123.28M-182.82M-303.27M
Net Income Margin-----14554.10%-5037.88%-2137.48%-
R&D18.82M29.56M44.98M120.26M155.04M86.77M152.41M267.12M
R&D as % of Total Revenue----10590.16%3545.81%1781.98%-
Interest Expense127.00K0190.00K182.00K419.00K---
Interest Expense % of Total Revenue----28.62%---

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets19.83M47.69M303.18M292.75M115.13M87.95M483.11M937.91M
Total Liabilities5.15M7.58M15.72M41.94M39.02M18.28M37.66M59.77M
Total Equity14.68M40.11M287.46M250.81M76.11M69.67M445.45M878.14M
Cash17.95M44.81M296.61M138.70M61.62M81.30M215.37M357.33M
Total Debt-1.46M763.00K4.31M4.50M2.50M1.37M110.00K
Net Debt-17.95M-43.36M-295.85M-134.39M-57.11M-78.81M-214.00M-357.22M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-20.72M-32.79M-52.62M-124.55M-185.04M-111.14M-131.76M-249.07M
Investing Cash Flow-63.00K-103.00K4.00K-140.52M96.89M38.95M-248.49M-311.15M
Financing Cash Flow37.80M59.76M304.42M107.59M10.46M91.87M514.32M702.17M
Capital Expenditure63.00K103.00K4.00K1.05M444.00K50.00K056.00K
Free Cash Flow-20.78M-32.89M-52.62M-125.60M-185.49M-111.19M-131.76M-249.12M
Dividends Paid--696.00K-811.00K---
FCF to OCF100.30%100.31%100.00%100.84%100.24%100.04%100.00%100.02%
Dividend Paid to FCF---1.32%--0.44%---

Earnings

Report DateSep 2, 2020Nov 23, 2020Mar 17, 2021May 11, 2021Aug 16, 2021Nov 3, 2021Feb 28, 2022May 9, 2022Aug 8, 2022Nov 9, 2022Feb 7, 2023May 11, 2023Aug 9, 2023Nov 7, 2023Mar 5, 2024May 13, 2024Aug 13, 2024Nov 6, 2024Mar 3, 2025May 2, 2025Aug 4, 2025Nov 5, 2025Feb 19, 2026May 7, 2026Aug 6, 2026Nov 4, 2026Nov 9, 2026
EPS Estimate0.00-4.42-0.37-11.14-10.12-13.95-16.05-1.30-19.27-14.01-12.03-12.80-10.60-4.89-3.18-2.16-2.32-1.95-2.82-3.21-3.36-3.45-3.13-3.68-3.60-3.65-3.68
EPS Actual-3.90-7.90-0.87-10.65-13.20-15.00-19.50-1.51-19.80-14.40-13.05-10.65-7.35-2.70-2.97-2.84-1.74-2.75-2.94-3.29-3.31-3.36-3.50-3.20-2.87--3.23
Surprise--78.73%-135.14%4.40%-30.43%-7.53%-21.50%-16.15%-2.75%-2.78%-8.48%16.80%30.66%44.79%6.60%-31.48%25.00%-41.03%-4.29%-2.49%1.49%2.61%-11.82%13.04%20.28%-12.23%
Timing-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market

Key Statistics & Ratios

Market Cap7.75B
Enterprise Value7.01B
Trailing P/E0.00
Forward P/E0.00
Price / Sales144.69
Price / Book5.79
EPS-12.95
Book Value48.04
Revenue (TTM)7.46M
Gross Profit (TTM)-290.71M
EBITDA-378.05M
Profit Margin0.00%
Operating Margin0.00%
Return on Equity-38.86%
Return on Assets-25.65%
Shares Outstanding27.92M
Shares Float24.08M
Beta2.84
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 21 analystsTarget 650.00
  • Strong Buy
    15
  • Buy
    4
  • Hold
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
124.17%
Insiders
0.28%
Retail / Other
0.00%

Top Institutional Holders

  • Jupiter Topco LLC
    3.42M12.25%
  • FMR Inc
    2.32M8.30%
  • BlackRock Inc
    2.29M8.21%
  • Perceptive Advisors LLC
    2.04M7.29%
  • Baker Bros Advisors LP
    1.75M6.28%
  • Orbis Allan Gray Ltd
    1.53M5.48%
  • Vanguard Portfolio Management, LLC
    1.34M4.78%
  • Vanguard Capital Management, LLC
    1.24M4.42%
  • State Street Corp
    1.03M3.68%
  • Adage Capital Partners Gp LLC
    1.02M3.64%
  • Deerfield Management Co
    963.35K3.45%
  • Driehaus Capital Management LLC
    959.05K3.44%
  • T. Rowe Price Associates, Inc.
    943.00K3.38%
  • Morgan Stanley - Brokerage Accounts
    854.11K3.06%
  • Geode Capital Management, LLC
    748.04K2.68%
  • Cormorant Asset Management, LLC
    640.00K2.29%
  • The Goldman Sachs Group Inc
    548.83K1.97%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    887.42K3.18%
  • iShares Russell 2000 ETF
    637.00K2.28%
  • Vanguard Small Cap Index
    628.16K2.25%

Stock Splits

  • Nov 29, 20231:15