Sutro Biopharma

Sutro Biopharma

STRO · NASDAQ · Healthcare / Biotechnology

9.82USD+0.23 (+2.40%)

Price History

Full chart

Market Stats

Previous Close9.59
Open10.09
Day Range9.08 – 10.29
52-Week Range7.15 – 43.85
Volume333.44K
Market Cap265.80M
P/E (TTM)0.00
Forward P/E10.03
EPS-17.47
Dividend Yield0.00%
Beta1.49
50-Day Avg20.76
200-Day Avg22.85

About

Sutro Biopharma, Inc. operates as an oncology company. The company develops site-specific and novel-format antibody drug conjugates (ADCs) that enables its proprietary integrated cell-free protein synthesis platform, XpressCF; and site-specific conjugation platform, XpressCF+. Its lead product candidate includes STRO-004, a tissue factor (TF) targeting ADC for the treatment of TF-expressing solid tumors, including non-small cell lung cancer, head and neck squamous cell carcinoma, cervical cancer, colorectal cancer, pancreatic ductal adenocarcinoma, endometrial cancer, and bladder cancer. The company also develops VAX-24 and Vax-31 pneumococcal conjugate vaccine candidates that is in Phase II/III clinical trials for the treatment of invasive pneumococcal disease in adults and adults and infants; and STRO-003, an ADC directed against an anti-receptor tyrosine kinase-like orphan receptor 1 (ROR1) for the treatment of solid tumors, such as triple negative breast cancer, non-small cell lung cancer, and ovarian cancer, as well as hematological cancers. Sutro Biopharma, Inc. has collaboration and license agreements with Vaxcyte to discover and develop vaccine candidates for the treatment or prophylaxis of infectious diseases; Tasly Biopharmaceuticals Co., Ltd. to develop and commercialize STRO-002 in Greater China; Ipsen to develop and commercialize STRO-003, an ADC targeting ROR1; and Astellas Pharma Inc. to develop immunostimulatory ADC. The company was formerly known as Fundamental Applied Biology, Inc. Sutro Biopharma, Inc. was incorporated in 2003 and is headquartered in South San Francisco, California.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMs. Jane Chung R.Ph.
  • Employees128
  • Headquarters111 Oyster Point Boulevard, South San Francisco, CA, United States, 94080, USA
  • Websitehttps://www.sutrobio.com

Leadership

  • Ms. Jane Chung R.Ph.CEO & Director · b. 1971
  • Mr. Gregory K. Chow BA, CPA, MBAChief Financial Officer · b. 1973
  • Dr. Hans-Peter Gerber Ph.D.Chief Scientific Officer · b. 1964
  • Dr. James R. Swartz DSc, Ph.D., Sc.D.Founder
  • Mr. Devendra LuharSenior Vice President of Technical Operations
  • Mr. David Pauling J.D., M.A.Chief Administrative Officer & General Counsel · b. 1974
  • Ms. Kari E. LeetchSenior VP and Head of People & Culture
  • Mr. Jonathan Fawcett DPHIL, MBBSVP & Head of Clinical Development
  • Ms. Regina ChengVice President & Controller

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue59.73M51.74M38.42M42.74M42.72M61.88M67.77M153.73M62.04M102.48M
Growth (%)--13.38%-25.75%+11.24%-0.03%+44.84%+9.52%+126.84%-59.64%+65.18%
Cost of Revenue43.55M51.90M54.26M65.61M76.96M9.77M8.29M6.82M7.22M7.32M
Gross Profit16.18M-156.00K-15.84M42.74M-34.24M52.11M59.48M146.91M54.83M95.16M
Gross Margin27.09%-0.30%-41.24%100.00%-80.14%84.21%87.77%95.57%88.37%92.85%
Operating Expense14.82M19.12M21.38M98.20M36.82M150.63M188.43M236.19M293.28M200.11M
Operating Income1.36M-19.27M-37.22M-55.47M-71.06M-98.52M-128.94M-89.28M-238.45M-104.95M
Operating Margin2.28%-37.25%-96.89%-129.79%-166.32%-159.22%-190.26%-58.07%-384.34%-102.41%
EBITDA7.36M-14.09M-32.82M-46.62M-23.75M-97.56M-105.07M-67.92M-180.45M-145.65M
EBITDA Margin12.33%-27.22%-85.42%-109.08%-55.60%-157.66%-155.03%-44.18%-290.85%-142.12%
Net Income1.70M-19.69M-35.32M-55.74M-32.13M-105.54M-119.20M-106.79M-227.46M-191.09M
Net Income Margin2.85%-38.05%-91.93%-130.44%-75.20%-170.55%-175.89%-69.47%-366.62%-186.45%
R&D43.55M54.64M54.26M65.61M76.96M104.40M137.17M180.43M252.04M166.42M
R&D as % of Total Revenue72.91%105.60%141.24%153.53%180.14%168.71%202.40%117.36%406.24%162.38%
Interest Expense0689.00K1.60M4.35M3.97M3.14M3.35M23.75M31.07M38.21M
Interest Expense % of Total Revenue0.00%1.33%4.16%10.18%9.30%5.07%4.94%15.45%50.08%37.28%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets69.28M40.77M223.14M156.37M394.11M341.41M406.94M470.74M387.21M173.83M
Total Liabilities160.18M149.77M91.60M58.58M62.06M88.84M189.90M321.09M342.61M306.28M
Total Equity-90.90M-109.00M131.54M97.79M332.05M252.56M217.05M149.65M44.60M-132.45M
Cash11.59M22.02M125.30M4.96M206.15M30.41M47.25M69.27M190.30M58.13M
Total Debt1.19M16.34M14.72M9.88M33.37M57.37M55.02M33.63M23.15M15.67M
Net Debt-10.40M-7.39M-110.57M4.92M-181.61M26.96M7.76M-35.63M-167.15M-42.46M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-13.15M-37.07M12.68M-65.02M-67.80M-81.68M3.55M-111.62M-191.54M-177.23M
Investing Cash Flow9.59M32.60M-80.19M-51.13M604.00K-97.31M-35.02M-3.92M218.51M45.01M
Financing Cash Flow177.00K14.64M170.78M-4.18M269.25M3.26M48.31M137.55M94.05M44.00K
Capital Expenditure4.39M3.32M1.56M3.48M7.13M15.32M7.86M4.32M3.10M1.70M
Free Cash Flow-17.55M-40.39M11.13M-68.50M-74.93M-97.00M-4.31M-115.93M-194.64M-178.93M
Dividends Paid---297.00K314.00K-463.00K---
FCF to OCF133.41%108.94%87.72%105.35%110.51%118.76%-121.41%103.87%101.62%100.96%
Dividend Paid to FCF----0.43%-0.42%--10.74%---

Earnings

Report DateSep 26, 2018Nov 14, 2018Dec 31, 2018May 15, 2019Aug 14, 2019Nov 8, 2019Mar 16, 2020May 11, 2020Aug 6, 2020Nov 5, 2020Mar 18, 2021May 7, 2021Aug 9, 2021Nov 10, 2021Feb 28, 2022May 9, 2022Aug 8, 2022Nov 8, 2022Mar 30, 2023May 15, 2023Aug 10, 2023Nov 13, 2023Mar 25, 2024May 13, 2024Aug 13, 2024Nov 13, 2024Mar 24, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Mar 12, 2026May 14, 2026Aug 12, 2026Nov 5, 2026
EPS Estimate0.0019.70-0.63-6.10-6.01-6.17-0.69-5.68-5.74-5.00-0.57-6.00-4.00-4.80-0.69-7.37-7.700.12-6.32-0.81-6.87-7.15-0.82-9.95-9.00-7.35-0.95-9.20-0.39-3.55-0.43-3.21-2.04-1.88
EPS Actual-1.37-4.34-0.26-6.20-6.00-5.60-0.64-8.40-5.97-3.34-1.48-4.28-1.30-6.70-0.83-8.40-5.50-3.70-8.18-0.85-7.69-8.100.52-8.90-5.61-4.98-0.63-8.02-0.14-5.57-5.45-2.94-2.33-
Surprise--122.03%58.73%-1.64%0.17%9.24%7.25%-47.89%-4.01%33.20%-159.65%28.67%67.50%-39.58%-20.29%-13.98%28.57%-3183.33%-29.43%-4.94%-11.94%-13.29%163.41%10.55%37.67%32.24%33.70%12.83%64.10%-56.90%-1152.85%8.41%-14.22%-
TimingAfter-hoursAfter-hours-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursPre-market-

Key Statistics & Ratios

Market Cap265.80M
Enterprise Value113.89M
Trailing P/E0.00
Forward P/E10.03
Price / Sales5.82
Price / Book2.11
EPS-17.47
Book Value-6.23
Revenue (TTM)45.70M
Gross Profit (TTM)-99.04M
EBITDA-125.80M
Profit Margin0.00%
Operating Margin-301.73%
Return on Equity-1810.01%
Return on Assets-36.08%
Shares Outstanding16.58M
Shares Float10.76M
Beta1.49
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 10 analystsTarget 47.23
  • Strong Buy
    4
  • Hold
    5
  • Sell
    1

Ownership Breakdown

Institutions
98.79%
Insiders
2.26%
Retail / Other
0.00%

Top Institutional Holders

  • Perceptive Advisors LLC
    1.30M7.87%
  • Bvf Inc
    1.25M7.55%
  • Affinity Asset Advisors, LLC
    1.17M7.07%
  • Samsara BioCapital, LLC
    1.06M6.41%
  • Kynam Capital Management, LP
    872.56K5.26%
  • Orbimed Advisors LLC
    801.14K4.83%
  • Vanguard Capital Management, LLC
    720.44K4.34%
  • RA Capital Management, LLC
    715.31K4.31%
  • Point72 Asset Management, L.P.
    692.11K4.17%
  • Eventide Asset Management, LLC
    585.26K3.53%
  • ADAR1 Capital Management LLC
    524.44K3.16%
  • Velan Capital Investment Management LP
    512.16K3.09%
  • Balyasny Asset Management LLC
    465.79K2.81%
  • Woodline Partners LP
    457.44K2.76%
  • UBS Group AG
    392.87K2.37%
  • Millennium Management LLC
    365.97K2.21%
  • Acadian Asset Management LLC
    335.81K2.03%

Top Fund Holders

  • Eventide Healthcare & Life Sciences I
    585.26K3.53%
  • Vanguard MStar Total Stk Mkt Idx Invest
    501.52K3.02%
  • iShares Russell 2000 ETF
    400.76K2.42%

Stock Splits

  • Dec 3, 20251:10