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Is Antares Pharma, Inc.'s (NASDAQ:ATRS) CEO Paid At A Competitive Rate?

Simply Wall St

In 2016 Bob Apple was appointed CEO of Antares Pharma, Inc. (NASDAQ:ATRS). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that the business demonstrates. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.

Check out our latest analysis for Antares Pharma

How Does Bob Apple's Compensation Compare With Similar Sized Companies?

According to our data, Antares Pharma, Inc. has a market capitalization of US$741m, and paid its CEO total annual compensation worth US$3.5m over the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at US$550k. We further remind readers that the CEO may face performance requirements to receive the non-salary part of the total compensation. We examined companies with market caps from US$400m to US$1.6b, and discovered that the median CEO total compensation of that group was US$2.5m.

It would therefore appear that Antares Pharma, Inc. pays Bob Apple more than the median CEO remuneration at companies of a similar size, in the same market. However, this fact alone doesn't mean the remuneration is too high. A closer look at the performance of the underlying business will give us a better idea about whether the pay is particularly generous.

You can see a visual representation of the CEO compensation at Antares Pharma, below.

NasdaqCM:ATRS CEO Compensation, January 16th 2020
NasdaqCM:ATRS CEO Compensation, January 16th 2020

Is Antares Pharma, Inc. Growing?

On average over the last three years, Antares Pharma, Inc. has grown earnings per share (EPS) by 53% each year (using a line of best fit). It achieved revenue growth of 78% over the last year.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly. It could be important to check this free visual depiction of what analysts expect for the future.

Has Antares Pharma, Inc. Been A Good Investment?

I think that the total shareholder return of 110%, over three years, would leave most Antares Pharma, Inc. shareholders smiling. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.

In Summary...

We compared total CEO remuneration at Antares Pharma, Inc. with the amount paid at companies with a similar market capitalization. As discussed above, we discovered that the company pays more than the median of that group.

However we must not forget that the EPS growth has been very strong over three years. In addition, shareholders have done well over the same time period. Considering this fine result for shareholders, we daresay the CEO compensation might be apt. CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Antares Pharma (free visualization of insider trades).

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.