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NASDAQ: PRAX
Praxis Precision Medicines Inc Stock

$51.14+2.30 (+4.71%)
Updated Apr 24, 2024
PRAX Price
$51.14
Fair Value Price
$13.24
Market Cap
$677.01M
52 Week Low
$12.45
52 Week High
$67.21
P/E
-2.74x
P/B
9.72x
P/S
60.04x
PEG
N/A
Dividend Yield
N/A
Revenue
$2.45M
Earnings
-$123.28M
Gross Margin
100%
Operating Margin
-5,037.88%
Profit Margin
-5,037.9%
Debt to Equity
0.26
Operating Cash Flow
-$111M
Beta
1.16
Next Earnings
May 9, 2024
Ex-Dividend
N/A
Next Dividend
N/A

PRAX Overview

Praxis Precision Medicines, Inc. is developing therapies for central nervous system disorders characterized by neuronal imbalance. Its lead product candidates include PRAX-114, a treatment for major depressive disorders and perimenopausal depression, and PRAX-944, for the treatment of essential tremor. Praxis Precision Medicines was incorporated in 2015 and is headquartered in Boston, MA.

Zen Score

Industry Average (23)
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Due Diligence Checks

PRAX ($51.14) is overvalued by 286.27% relative to our estimate of its Fair Value price of $13.24 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
PRAX ($51.14) is not significantly undervalued (286.27%) relative to our estimate of its Fair Value price of $13.24 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
PRAX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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PRAX News

Valuation

PRAX fair value

Fair Value of PRAX stock based on Discounted Cash Flow (DCF)
Price
$51.14
Fair Value
$13.24
Overvalued by
286.27%
PRAX ($51.14) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
PRAX ($51.14) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
PRAX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

PRAX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.74x
Industry
15.69x
Market
41.27x

PRAX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
9.72x
Industry
5.86x
PRAX is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PRAX's financial health

Profit margin

Revenue
$515.0k
Net Income
-$26.9M
Profit Margin
-5,219%
PRAX's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
PRAX's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$87.9M
Liabilities
$18.3M
Debt to equity
0.26
PRAX's short-term assets ($84.88M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
PRAX's short-term assets ($84.88M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
PRAX's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
PRAX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$23.9M
Investing
-$50.0k
Financing
$4.1M
PRAX's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

PRAX vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
PRAX$677.01M+4.71%-2.74x9.72x
NRIX$675.82M-2.69%-5.17x4.00x
COGT$679.59M-6.03%-2.70x2.64x
IRON$673.79M+1.11%-7.98x1.95x
YMAB$669.35M-0.33%-31.20x6.63x

Praxis Precision Medicines Stock FAQ

What is Praxis Precision Medicines's quote symbol?

(NASDAQ: PRAX) Praxis Precision Medicines trades on the NASDAQ under the ticker symbol PRAX. Praxis Precision Medicines stock quotes can also be displayed as NASDAQ: PRAX.

If you're new to stock investing, here's how to buy Praxis Precision Medicines stock.

What is the 52 week high and low for Praxis Precision Medicines (NASDAQ: PRAX)?

(NASDAQ: PRAX) Praxis Precision Medicines's 52-week high was $67.21, and its 52-week low was $12.45. It is currently -23.91% from its 52-week high and 310.76% from its 52-week low.

How much is Praxis Precision Medicines stock worth today?

(NASDAQ: PRAX) Praxis Precision Medicines currently has 13,238,349 outstanding shares. With Praxis Precision Medicines stock trading at $51.14 per share, the total value of Praxis Precision Medicines stock (market capitalization) is $677.01M.

Praxis Precision Medicines stock was originally listed at a price of $417.00 in Oct 16, 2020. If you had invested in Praxis Precision Medicines stock at $417.00, your return over the last 3 years would have been -87.74%, for an annualized return of -50.32% (not including any dividends or dividend reinvestments).

How much is Praxis Precision Medicines's stock price per share?

(NASDAQ: PRAX) Praxis Precision Medicines stock price per share is $51.14 today (as of Apr 24, 2024).

What is Praxis Precision Medicines's Market Cap?

(NASDAQ: PRAX) Praxis Precision Medicines's market cap is $677.01M, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Praxis Precision Medicines's market cap is calculated by multiplying PRAX's current stock price of $51.14 by PRAX's total outstanding shares of 13,238,349.
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