I remember reading an article recently which stated their total revenues with zohydro on the market would be near 200 million. Assuming that's close and a conservative P/E of about 10 for the industry, shares should range from $18-$21.
This stock is driving me CRAZY! Still not in yet. Fear massive losses and missing massive gains. Anyone know why it skyrocketed late in trading yesterday? I can't find a thing.
I believe it's a $30 billion market. If zgnx can capture 10%, the stock can reach $15-$17 in 2-3yrs. Possibly more if it can capture bigger market shares. Pfizer is probably the best comparison and it's priced at $24.
I think they'll get bought out, to be honest with you. No idea on price. $7-10 maybe? It would be a huge addition to a strong drug portfolio. I'm fairly confident the principles and large holders would support a nice, quick payout.