SAGE - Sage Therapeutics, Inc.
165.51 0.00 (0.00%)
After hours: 5:00PM EDT
| Previous Close | 164.73 |
| Open | 163.61 |
| Bid | 159.99 x 800 |
| Ask | 167.50 x 800 |
| Day's Range | 162.00 - 166.55 |
| 52 Week Range | 79.88 - 177.14 |
| Volume | 285,992 |
| Avg. Volume | 540,633 |
| Market Cap | 8.429B |
| Beta (3Y Monthly) | 3.28 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -8.09 |
| Earnings Date | Jul 30, 2018 - Aug 3, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 200.56 |
- Business Wire•4 days ago
Sage Therapeutics to Report First Quarter 2019 Financial Results on Thursday, May 2, 2019
Sage Therapeutics (SAGE), a clinical-stage biopharmaceutical company developing novel medicines to treat life-altering central nervous system (CNS) disorders, today announced that the company will host a conference call and live webcast on Thursday, May 2, 2019 at 8:00 A.M. ET to report its first quarter 2019 financial results and to discuss recent business updates. The live webcast can be accessed on the investor page of Sage's website at investor.sagerx.com. A replay of the webcast will be available on Sage's website approximately two hours after the completion of the event and will be archived for up to 30 days.
- Markit•13 days ago
See what the IHS Markit Score report has to say about SAGE Therapeutics Inc.
SAGE Therapeutics Inc NASDAQ NMS:SAGEView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate * Economic output in this company's sector is expanding Bearish sentimentShort interest | NegativeShort interest is moderately high for SAGE with between 10 and 15% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SAGE are favorable, with net inflows of $2.33 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Healthcare sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Business Wire•19 days ago
Sage Therapeutics Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
Sage Therapeutics (SAGE), a clinical-stage biopharmaceutical company developing novel medicines to treat life-altering central nervous system (CNS) disorders, today announced that, on April 1, 2019, the Compensation Committee of Sage’s Board of Directors granted non-qualified stock options to purchase an aggregate of 25,190 shares of its common stock, and 865 performance restricted stock units (PSUs) to five new employees under Sage’s 2016 Inducement Equity Plan. The 2016 Inducement Equity Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of Sage (or following a bona fide period of non-employment), as an inducement material to such individual's entering into employment with Sage, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.
- Zacks•21 days ago
The Zacks Analyst Blog Highlights: Celgene, Puma, Exelixis, Enanta and Sage
The Zacks Analyst Blog Highlights: Celgene, Puma, Exelixis, Enanta and Sage
Market Realist•24 days agoMost Analysts Have Been Positive on Sage Therapeutics in March
Analysts Are Feeling Good about These Biotech Stocks in March(Continued from Prior Part)Analysts’ recommendations and target priceWall Street analysts expect a potential upside of 26.25% for Sage Therapeutics (SAGE) based on the company’s
- MarketWatch•28 days ago
5 biotech stocks that could be the next big winners
Biotech stocks are some of the most exciting investments on Wall Street. When one company develops a successful treatment for a complex condition, shares can surge overnight and attract buyout interest from Big Pharma. Case in point: Biotech giant Biogen (BIIB) imploded roughly 30% on Thursday after announcing it is canceling its Alzheimer’s drug efforts after poor drug trials.
- Motley Fool•last month
2 Biotech Takeout Targets Perfect for Biogen
A midsize acquisition seems imminent, and these two would fit like a glove.
- TheStreet.com•last month
A Big Outside Day and Lower Close on Sage Therapeutics Looks Bearish to Me
, which just received FDA approval for Zulresso, the first treatment for postpartum depression. Dr. Jonas said that postpartum depression is the most common complication for women after childbirth, and suicide remains a leading cause of death among adults overall.
- MarketWatch•last month
Shares of Sage Therapeutics up on Zulresso approval, but analysts expect a slow rollout
Shares of Sage Therapeutics Inc. rose 3% Wednesday morning after the company’s announcement Tuesday evening that the Food and Drug Administration had approved its drug for the treatment of postpartum depression.
- Motley Fool•last month
Is Sage Therapeutics a Good Stock to Buy Now?
Earning the first FDA approval for treating postpartum depression is a big step, but it's hardly an express ticket to profit town.
- TheStreet.com•last month
Fed Stops the Rate Madness: Cramer's 'Mad Money' Recap (Wednesday 3/20/19)
Today was shaping up to be a bone-crushing session on Wall Street, Jim Cramer told his Mad Money viewers Wednesday. Without one, it will be a lot harder to own sectors like the industrials that need a strong global economy. Cramer explained that President Trump is taking a page from the Ronald Reagan playbook with Russia, "trust, but verify." The Chinese have a long history of not abiding by what they agree to, he said, which was evident most recently in the South China Sea.
- Investor's Business Daily•last month
This Biotech Stock Grabbed A First In Depression — So What's Next?
Sage Therapeutics stock dipped Wednesday after the FDA approved its postpartum depression treatment, Zulresso. Investors are now looking at another depression drug called SAGE-217.
- Benzinga•last month
Sage's First-Of-Its-Kind Postpartum Depression Drug Clears FDA Hurdle: What You Need to Know
Sage said the FDA approved its Zulresso — chemically brexanolone — an injection for the treatment of postpartum depression. Zulresso has both Priority Review status as well as a Breakthrough Therapy Designation from the FDA. "The potential to rapidly reduce symptoms in this critical disorder is an exciting milestone in women's mental health," said Samantha Meltzer, the primary investigator of the Zulresso clinical trials.
Yahoo Finance•last monthGeneral Mills posts strong quarter, concerns at FedEx, done deal for Disney
General Mills, FedEx, Disney, Sage Therapeutics and Google are the companies to watch.
- InvestorPlace•last month
Sage Stock Pops on FDA Approval for Postpartum Depression Drug
Sage Therapeutics (NYSE:SAGE) is popped yesterday on FDA approval of its postpartum depression drug -- the first of its kind. So far, SAGE stock is up 3%, but this on the back of a more than 70% run up year-to-date in anticipation of the news.Source: Shutterstock Postpartum depression is a sometimes life-threatening condition that can happen before or after a woman gives birth to a child. In serious cases, she may harm herself or her child as a result. It is estimated that as many as one in nine women who have recently given birth suffer from postpartum depression, but it is a little talked about condition, so up to half of cases go unreported. But now there is a specific treatment. Zulresso was approved as an IV treatment to be administered in a certified healthcare facility over 2.5 days. With no other drug on the market to treat postpartum depression, Sage has no competition to worry about. And with a market cap of $7.8 billion -- lower than the addressable market potential for this treatment -- biotech investors cannot afford to ignore SAGE stock. Efficacy of ZulressoIn two clinical studies where participants received Zulresso or placebo, those who were treated showed an improvement of depressive symptoms compared to the placebo group.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSage Therapeutics recently raised $500 million through a SAGE stock offering on February 25. This cash infusion will give the company the capital it needs to roll out Zulresso following its approval. Sage Is Sitting on Plenty of CashIn its fourth quarter, SAGE lost $3.38 per share on revenue of just $0.28 million. But it ended the period with $922.8 million in cash, cash equivalents and marketable securities. This is up from $518.8 million at the end of 2017. Sage's management said it has enough cash on hand to fund expenses until the second half of next year (2020).Sage accelerated its R&D activity, which increased such expenses to $88.8 million, up from $50.9 million. IT spent $282.1 million in R&D for the full year 2018. Sage spent more on discovery efforts associated with identifying new clinical candidates, along with additional indications in its three CNS franchises. After the FDA approved Zulresso, R&D costs associated with Phase 3 clinical development may shift to marketing and G&A spend instead. Ahead of the launch, Sage spent $201.4 million in G&A costs, up sharply from $62.9 million last year. Sage's Full PipelineWithin Sage Therapetics' pipeline are more promising drugs. For example, SAGE-217 is being tested for efficacy in treating major depressive disorder, postpartum depression, biopolar depression and insomnia. Meanwhile, SAGE-324 has an indication for Parkinson's Disease, Essential Tremor and Epileptiform Disorders. The Bottom Line on Sage StockEven after Sage stock's recent rally, 10 analysts who follow the stock have an average12-month target price of $198 -- according to Tipranks. That's more than 25% upside. Biotech investors who are looking for similar stocks could consider Neurocrine Bio (NASDAQ:NBIX) or Zogenix (NASDAQ:ZGNX). * 5 Cloud Stocks to Help Your Portfolio Fly Sage Therapeutics has a promising drug that will not face any competition. Markets already expect strong sales for Zulresso. The company has a strong cash balance and plenty of more drugs in the pipeline. For these reasons, biotech investors should take a serious look at SAGE stock.Disclosure: As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post Sage Stock Pops on FDA Approval for Postpartum Depression Drug appeared first on InvestorPlace.
- Investor's Business Daily•last month
Stocks Lose Ground Ahead Of Federal Reserve; FedEx, Monster Tumble
FedEx led Wednesday's early declines, while Dow Jones stock Walt Disney edged higher, as stocks opened lower ahead of the Federal Reserve announcement.
Bloomberg•last monthThis Postpartum-Depression Drug Has Unusual Potential
Sage Therapeutics Inc. — which had its first medicine, Zulresso, a treatment for postpartum depression, approved late Tuesday — hopes to break the solo launch curse and translate its approval into sustained share price gains. Zulresso has a big advantage that a number of other troubled solo launches have lacked: It’s the first drug to be approved specifically for post-partum depression and works quickly after a single infusion. Most depression drugs take weeks to have an impact.
- TheStreet.com•last month
FedEx, Federal Reserve, Google, AMD, Sage Therapeutics - 5 Things You Must Know
U.S. stock futures were down slightly on Wednesday, as investors awaited a key decision on interest rates and bond sales from the Federal Reserve and reacted to reports of potential tension in U.S.-China trade talks. Contracts tied to the Dow Jones Industrial Average fell 17 points, futures for the S&P 500 slipped 1.75 points, and Nasdaq futures were down 4.75 points. The Fed is expected to announce its decision on rates at 2 p.m. ET, with Fed Chairman Jerome Powell scheduled to lead a press briefing afterward.
- The Wall Street Journal•last month
[$$] Postpartum Depression Drug Gets FDA Approval
Postpartum depression is a type of mood disorder that affects some women after childbirth, causing sadness and loss of interest in activities. Doctors have prescribed general antidepressants such as Zoloft to treat postpartum depression, but they can take several weeks to have an effect, and they don’t work for everyone. This is the second new depression drug the Food and Drug Administration has approved in March after decades that saw no major new treatments.
- Associated Press•last month
FDA approves drug for treating postpartum depression
TRENTON, N.J. (AP) — The U.S. Food and Drug Administration has approved the first drug specifically developed for severe depression after childbirth.
- Reuters•last month
Sage gets U.S. approval for first postpartum depression therapy
The U.S. Food and Drug Administration on Tuesday approved https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm633919.htm Sage Therapeutics Inc's drug for postpartum depression, marking the first approval of a treatment specifically developed for the condition that affects a new mother's ability to care for herself or her baby. The drug, which is administered as a single 60-hour intravenous infusion, is chemically identical to the hormone allopregnanolone. "You're talking about someone coming into the hospital or treatment center on a Friday and go home Sunday night," Sage's Chief Executive Officer Jeff Jonas told Reuters ahead of the approval.
- CNBC Videos•last month
Sage Therapeutics CEO: Getting the first postpartum depre...
Jim Cramer talks with Sage Therapeutics CEO Jeff Jonas about the biopharma company's Zulresso drug for postpartum depression and how it could help mothers.
- CNBC Videos•last month
The Late Morning Rundown: March 20, 2019
CNBC brings you fast, accurate, and actionable business news and market updates.
- Yahoo Finance Video•last month
FDA approves postpartum depression drug created by Sage Therapeutics
The FDA approved the first-ever drug to treat postpartum depression. The drug, created by Sage Therapeutics, can be delivered as a one-time infusion into a woman’s veins over the course of 2 days. Yahoo Finance’s Alexis Christoforous shares just how much it’ll cost.
