Rhythm Pharmaceuticals Inc

Rhythm Pharmaceuticals Inc

RYTM · NASDAQ · Healthcare / Biotechnology

115.02USD+5.16 (+4.70%)

Price History

Full chart

Market Stats

Previous Close109.86
Open109.81
Day Range107.86 – 117.84
52-Week Range74.50 – 122.20
Volume1.14M
Market Cap6.41B
P/E (TTM)0.00
Forward P/E333.33
EPS-3.12
Dividend Yield0.00%
Beta2.13
50-Day Avg96.85
200-Day Avg97.03

About

Rhythm Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the rare neuroendocrine diseases in the United States and internationally. The company's lead product candidate is IMCIVREE (setmelanotide), a rare melanocortin-4 receptor for the treatment of pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1, leptin receptor (LEPR) deficiency obesity, Bardet-Biedl and Alström syndrome, Prader-Willi syndrome, and hypothalamic obesity. It is in Phase 3 clinical trials for treating acquired hypothalamic obesity, congenital hypothalamic obesity, pro-opiomelanocortin (POMC) and LEPR insufficiency obesities, SRC1 deficiency obesity, and SH2B1 deficiency obesity; and in phase 2 clinical trails for the treatment of Prader-Willi syndrome and MC4R deficiency. The company is also developing bivamelagon, an investigational oral small molecule MC4R agonist that is in phase 2 clinical trial for the treatment of MC4R pathway diseases; and RM-718, a next generation MC4R peptide agonist that is in phase 1 clinical trial for the treatment of hypothalamic obesity. The company was formerly known as Rhythm Metabolic, Inc. and changed its name to Rhythm Pharmaceuticals, Inc. in October 2015. Rhythm Pharmaceuticals, Inc. was founded in 2008 and is headquartered in Boston, Massachusetts.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. David P. Meeker M.D.
  • Employees414
  • Headquarters222 Berkeley Street, Boston, MA, United States, 02116, USA
  • Websitehttps://rhythmtx.com

Leadership

  • Dr. David P. Meeker M.D.Chairman, President & CEO · b. 1954
  • Mr. Hunter C. Smith M.B.A.CFO & Treasurer · b. 1969
  • Dr. Alastair Garfield Ph.D.Chief Scientific Officer · b. 1980
  • Mr. Yann MazabraudExecutive VP & Head of International · b. 1973
  • Ms. Jennifer LeeExecutive VP & Head of North America · b. 1975
  • Mr. Christopher P. GermanCorporate Controller & Principal Accounting Officer · b. 1972
  • Mr. Joseph ShulmanChief Technical Officer · b. 1975
  • Mr. David ConnollyHead of Investor Relations & Corporate Communications
  • Mr. Jim FlahertySenior VP & General Counsel
  • Ms. Sarah RyanVice President of Sales & Marketing

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue--00000035.00K3.15M23.64M77.43M130.13M189.76M
Growth (%)---------+8911.43%+649.46%+227.56%+68.06%+45.83%
Cost of Revenue--00144.00K223.00K442.00K834.00K690.00K599.00K2.13M9.30M13.37M19.49M
Gross Profit--00-144.00K-223.00K-442.00K-834.00K-690.00K2.56M21.50M68.13M116.76M170.26M
Gross Margin---------1971.43%81.01%90.98%87.99%89.73%89.73%
Operating Expense--6.49M10.57M25.76M32.19M77.97M145.17M135.88M172.61M200.66M252.48M382.26M362.28M
Operating Income-18.14M-21.45M-6.49M-10.57M-25.91M-32.41M-78.42M-146.00M-136.57M-170.06M-179.16M-184.36M-265.50M-192.02M
Operating Margin---------390214.29%-5391.85%-757.92%-238.10%-204.04%-101.19%
EBITDA-18.12M-21.41M--500.00K-25.76M-32.19M-77.97M-145.17M-135.88M-168.90M-174.25M-168.46M-238.09M-174.12M
EBITDA Margin---------388242.86%-5355.14%-737.14%-217.58%-182.97%-91.76%
Net Income-18.13M-21.43M-6.49M-11.07M-25.87M-33.71M-74.06M-134.62M-130.73M-68.01M-181.12M-184.68M-260.60M-196.54M
Net Income Margin---------373505.71%-2156.21%-766.22%-238.52%-200.27%-103.57%
R&D15.68M18.02M5.28M7.15M19.59M22.89M50.34M109.45M90.45M104.13M108.63M134.95M237.96M167.34M
R&D as % of Total Revenue--------258428.57%3301.46%459.56%174.29%182.87%88.19%
Interest Expense000000000100.45M5.20M13.89M20.60M20.58M
Interest Expense % of Total Revenue--------0.00%3184.75%22.00%17.94%15.83%10.85%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets18.92M18.19M194.00K37.27M12.34M151.74M260.21M308.52M187.07M329.52M382.48M332.75M392.27M480.20M
Total Liabilities55.21M75.65M552.00K5.27M5.04M6.95M13.95M27.50M20.55M45.37M118.22M162.99M227.72M210.17M
Total Equity-36.28M-57.46M-358.00K32.00M7.30M144.79M246.26M281.02M166.53M284.15M264.26M169.76M164.55M270.03M
Cash11.77M7.36M152.00K34.87M6.54M34.24M49.54M62.29M100.85M59.25M127.68M60.08M89.14M54.30M
Total Debt-------3.56M3.09M2.55M2.02M1.26M3.94M3.99M
Net Debt-11.77M-7.36M-152.00K-34.87M-6.54M-34.24M-49.54M-58.74M-97.77M-56.70M-125.73M-58.82M-85.20M-50.31M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-17.83M-19.16M-7.51M-6.98M-23.22M-29.46M-62.06M-122.75M-121.98M-146.00M-173.43M-136.16M-113.88M-115.67M
Investing Cash Flow-5.27M-5.13M-17.00K-17.00K-5.11M-110.04M-87.15M-27.97M158.53M-62.16M28.03M-5.67M-48.17M-137.15M
Financing Cash Flow22.44M19.88M7.42M41.71M0167.20M164.69M163.47M2.01M166.48M213.83M74.37M191.24M217.96M
Capital Expenditure0017.00K17.00K1.06M133.00K722.00K3.38M214.00K5.43M4.28M47.00K0953.00K
Free Cash Flow-17.83M-19.16M-7.51M-6.99M-24.28M-29.59M-62.78M-126.14M-122.19M-151.44M-177.71M-136.20M-113.88M-116.63M
Dividends Paid-----0------3.97M5.38M
FCF to OCF100.00%100.00%100.00%100.24%104.55%100.45%101.16%102.76%100.18%103.72%102.47%100.03%100.00%100.82%
Dividend Paid to FCF-----0.00%-------3.49%-4.61%

Earnings

Report DateMay 24, 2017Aug 30, 2017Nov 14, 2017Mar 12, 2018May 14, 2018Aug 8, 2018Nov 9, 2018Mar 8, 2019May 3, 2019Jul 29, 2019Nov 1, 2019Mar 2, 2020May 4, 2020Aug 3, 2020Nov 2, 2020Mar 1, 2021May 3, 2021Aug 3, 2021Nov 2, 2021Mar 1, 2022May 3, 2022Aug 2, 2022Nov 8, 2022Mar 1, 2023May 2, 2023Aug 1, 2023Nov 7, 2023Feb 22, 2024May 7, 2024Aug 6, 2024Nov 5, 2024Feb 20, 2025May 7, 2025Aug 5, 2025Nov 4, 2025Feb 26, 2026May 5, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate0.000.00-0.56-0.46-0.42-0.47-0.61-0.57-0.73-0.85-1.10-0.89-0.82-0.82-0.80-0.790.30-0.74-0.83-0.91-1.04-1.03-0.98-0.81-0.77-0.78-0.76-0.70-2.39-0.72-0.87-0.73-0.68-0.67-0.73-0.79-0.86-0.81-0.68
EPS Actual-0.29-0.41-0.66-0.41-0.60-0.52-0.52-0.74-0.84-1.24-1.04-0.78-0.78-0.71-0.77-0.79-1.16-0.70-0.70-0.85-1.05-0.89-0.79-0.75-0.92-0.82-0.76-0.70-2.35-0.55-0.73-0.72-0.81-0.75-0.82-0.73-0.83-0.73-0.61
Surprise---17.86%10.87%-42.86%-10.64%14.75%-29.82%-15.07%-45.88%5.45%12.36%4.88%13.41%3.75%0.00%-486.67%5.41%15.66%6.59%-0.96%13.59%19.39%7.41%-19.48%-5.13%0.00%0.00%1.67%23.61%16.09%1.37%-19.12%-11.94%-12.33%7.59%3.49%9.88%10.29%
Timing--Pre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap6.41B
Enterprise Value6.16B
Trailing P/E0.00
Forward P/E333.33
Price / Sales26.82
Price / Book61.92
EPS-3.12
Book Value1.50
Revenue (TTM)239.92M
Gross Profit (TTM)213.53M
EBITDA-199.55M
Profit Margin-85.59%
Operating Margin-68.14%
Return on Equity-117.05%
Return on Assets-30.96%
Shares Outstanding68.59M
Shares Float56.04M
Beta2.13
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 19 analystsTarget 140.53
  • Strong Buy
    12
  • Buy
    5
  • Hold
    2

Ownership Breakdown

Institutions
115.09%
Insiders
0.70%
Retail / Other
0.00%

Top Institutional Holders

  • RA Capital Management, LLC
    6.67M9.68%
  • BlackRock Inc
    6.16M8.94%
  • Baker Bros Advisors LP
    5.60M8.14%
  • PRIMECAP Management Company
    3.17M4.60%
  • Vanguard Portfolio Management, LLC
    3.14M4.56%
  • Vanguard Capital Management, LLC
    3.01M4.37%
  • JPMorgan Chase & Co
    2.65M3.85%
  • Perceptive Advisors LLC
    2.59M3.76%
  • State Street Corp
    2.57M3.74%
  • T. Rowe Price Associates, Inc.
    2.57M3.73%
  • Westfield Capital Management Company, L.P.
    2.21M3.21%
  • The Goldman Sachs Group Inc
    2.13M3.09%
  • Federated Hermes Inc
    1.79M2.59%
  • Polar Capital Holdings PLC
    1.66M2.42%
  • Geode Capital Management, LLC
    1.53M2.23%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.19M3.18%
  • PRIMECAP Odyssey Aggressive Growth
    1.94M2.81%
  • American Funds SMALLCAP World A
    1.77M2.57%
  • Polar Capital Biotech S Inc
    1.58M2.29%
  • Vanguard Small Cap Index
    1.55M2.25%