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NASDAQ: RCKT
Rocket Pharmaceuticals Inc Stock

$22.10-1.53 (-6.47%)
Updated Apr 25, 2024
RCKT Price
$22.10
Fair Value Price
$0.37
Market Cap
$2.00B
52 Week Low
$14.89
52 Week High
$32.53
P/E
-7.57x
P/B
4.06x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$245.60M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.15
Operating Cash Flow
-$195M
Beta
1.46
Next Earnings
Jun 13, 2024
Ex-Dividend
N/A
Next Dividend
N/A

RCKT Overview

Rocket Pharmaceuticals, Inc., together with its subsidiaries, operates as a multi-platform biotechnology company that focuses on developing gene therapies for rare and devastating diseases. It has three clinical-stage ex vivo lentiviral vector programs for fanconi anemia, a genetic defect in the bone marrow that reduces production of blood cells or promotes the production of faulty blood cells; leukocyte adhesion deficiency-I, a genetic disorder that causes the immune system to malfunction; and pyruvate kinase deficiency, a rare red blood cell autosomal recessive disorder that results in chronic non-spherocytic hemolytic anemia. The company also has a clinical stage in vivo adeno-associated virus program for Danon disease, a multi-organ lysosomal-associated disorder leading to early death due to heart failure. It has license agreements with Fred Hutchinson Cancer Research Center; Centro de Investigaciones Energéticas, Medioambientales y Tecnológicas (CIEMAT), Centro de Investigacion Biomedica En Red, and Fundacion Instituto de investigacion Sanitaria Fundacion Jimenez Diaz; CIEMAT and UCL Business PLC; The Regents of the University of California; and REGENXBIO, Inc. Rocket Pharmaceuticals, Inc. is headquartered in Cranbury, New Jersey.

Zen Score

–
Industry Average (23)
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Due Diligence Checks

RCKT ($22.10) is overvalued by 5,915.81% relative to our estimate of its Fair Value price of $0.37 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
RCKT ($22.10) is not significantly undervalued (5,915.81%) relative to our estimate of its Fair Value price of $0.37 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
RCKT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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RCKT News

Valuation

RCKT fair value

Fair Value of RCKT stock based on Discounted Cash Flow (DCF)
Price
$22.10
Fair Value
$0.37
Overvalued by
5,915.81%
RCKT ($22.10) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
RCKT ($22.10) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
RCKT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

RCKT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-7.57x
Industry
15.41x
Market
40.97x

RCKT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
4.06x
Industry
5.8x
RCKT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RCKT's financial health

Profit margin

Revenue
$0.0
Net Income
-$59.7M
Profit Margin
0%
RCKT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$566.3M
Liabilities
$73.8M
Debt to equity
0.15
RCKT's short-term assets ($378.22M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RCKT's short-term assets ($378.22M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
RCKT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
RCKT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$29.3M
Investing
-$140.8M
Financing
$391.0k
RCKT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

RCKT vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
RCKT$2.00B-6.47%-7.57x4.06x
CLDX$2.03B-2.05%-12.42x4.72x
KYMR$2.04B-5.28%-13.23x5.16x
PTCT$1.96B+1.11%-3.32x-2.19x
KROS$1.95B-3.65%-10.42x5.87x

Rocket Pharmaceuticals Stock FAQ

What is Rocket Pharmaceuticals's quote symbol?

(NASDAQ: RCKT) Rocket Pharmaceuticals trades on the NASDAQ under the ticker symbol RCKT. Rocket Pharmaceuticals stock quotes can also be displayed as NASDAQ: RCKT.

If you're new to stock investing, here's how to buy Rocket Pharmaceuticals stock.

What is the 52 week high and low for Rocket Pharmaceuticals (NASDAQ: RCKT)?

(NASDAQ: RCKT) Rocket Pharmaceuticals's 52-week high was $32.53, and its 52-week low was $14.89. It is currently -32.05% from its 52-week high and 48.42% from its 52-week low.

How much is Rocket Pharmaceuticals stock worth today?

(NASDAQ: RCKT) Rocket Pharmaceuticals currently has 90,504,248 outstanding shares. With Rocket Pharmaceuticals stock trading at $22.10 per share, the total value of Rocket Pharmaceuticals stock (market capitalization) is $2.00B.

Rocket Pharmaceuticals stock was originally listed at a price of $24.00 in Feb 18, 2015. If you had invested in Rocket Pharmaceuticals stock at $24.00, your return over the last 9 years would have been -7.92%, for an annualized return of -0.91% (not including any dividends or dividend reinvestments).

How much is Rocket Pharmaceuticals's stock price per share?

(NASDAQ: RCKT) Rocket Pharmaceuticals stock price per share is $22.10 today (as of Apr 25, 2024).

What is Rocket Pharmaceuticals's Market Cap?

(NASDAQ: RCKT) Rocket Pharmaceuticals's market cap is $2.00B, as of Apr 26, 2024.

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

Rocket Pharmaceuticals's market cap is calculated by multiplying RCKT's current stock price of $22.10 by RCKT's total outstanding shares of 90,504,248.
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