Cytokinetics Stock Analysis

CYTK Stock  USD 43.10  0.35  0.81%   
Cytokinetics is overvalued with Real Value of 37.56 and Target Price of 81.71. The main objective of Cytokinetics stock analysis is to determine its intrinsic value, which is an estimate of what Cytokinetics is worth, separate from its market price. There are two main types of Cytokinetics' stock analysis: fundamental analysis and technical analysis.
The Cytokinetics stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cytokinetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Cytokinetics Stock please use our How to buy in Cytokinetics Stock guide.

Cytokinetics Stock Analysis Notes

About 100.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 5.26. Cytokinetics had not issued any dividends in recent years. The entity had 1:6 split on the 25th of June 2013. Cytokinetics, Incorporated, a late-stage biopharmaceutical company, focuses on discovering, developing, and commercializing muscle activators and inhibitors as potential treatments for debilitating diseases. The company was incorporated in 1997 and is headquartered in South San Francisco, California. Cytokinetics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 253 people. For more info on Cytokinetics please contact Robert Blum at 650 624 3000 or go to https://www.cytokinetics.com.

Cytokinetics Investment Alerts

Cytokinetics generated a negative expected return over the last 90 days
Cytokinetics has high historical volatility and very poor performance
The company reported the previous year's revenue of 18.47 M. Net Loss for the year was (589.53 M) with loss before overhead, payroll, taxes, and interest of (320.93 M).
Cytokinetics currently holds about 586.03 M in cash with (395.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.22.
Over 100.0% of the company shares are held by institutions such as insurance companies
Latest headline from gurufocus.com: Cytokinetics Announces Launch of EARTH-HCM, a Public Health Education Tool for the Hypertrophic ...

Cytokinetics Upcoming and Recent Events

6th of March 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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6th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Cytokinetics Largest EPS Surprises

Earnings surprises can significantly impact Cytokinetics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2015-07-29
2015-06-30-0.23-0.27-0.0417 
2019-08-08
2019-06-30-0.5-0.56-0.0612 
2018-04-26
2018-03-31-0.5-0.56-0.0612 
View All Earnings Estimates

Cytokinetics Environmental, Social, and Governance (ESG) Scores

Cytokinetics' ESG score is a quantitative measure that evaluates Cytokinetics' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Cytokinetics' operations that may have significant financial implications and affect Cytokinetics' stock price as well as guide investors towards more socially responsible investments.

Cytokinetics Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Polar Capital Holdings Plc2024-12-31
2.2 M
Marshall Wace Asset Management Ltd2024-12-31
2.2 M
Boxer Capital Llc
2.1 M
Pictet Asset Manangement Sa2024-12-31
1.9 M
Jpmorgan Chase & Co2024-12-31
1.6 M
Alliancebernstein L.p.2024-12-31
1.6 M
Orbimed Advisors, Llc2024-12-31
1.6 M
Northern Trust Corp2024-12-31
1.5 M
Citadel Advisors Llc2024-12-31
1.4 M
Blackrock Inc2024-12-31
15.5 M
Vanguard Group Inc2024-12-31
11.9 M
Note, although Cytokinetics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cytokinetics Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.1 B.

Cytokinetics Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.42)(0.44)
Return On Capital Employed(0.44)(0.46)
Return On Assets(0.42)(0.44)
Return On Equity 4.35  4.57 

Management Efficiency

Cytokinetics has return on total asset (ROA) of (0.3011) % which means that it has lost $0.3011 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (5.7215) %, meaning that it created substantial loss on money invested by shareholders. Cytokinetics' management efficiency ratios could be used to measure how well Cytokinetics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is expected to rise to 4.57 this year, although the value of Return On Tangible Assets will most likely fall to (0.44). At this time, Cytokinetics' Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 1.4 B this year, although the value of Non Current Liabilities Other will most likely fall to about 374 M.
Last ReportedProjected for Next Year
Book Value Per Share(1.21)(1.27)
Tangible Book Value Per Share(1.21)(1.27)
Enterprise Value Over EBITDA(11.89)(11.30)
Price Book Value Ratio(38.91)(36.97)
Enterprise Value Multiple(11.89)(11.30)
Price Fair Value(38.91)(36.97)
Enterprise Value318.6 M334.5 M
Understanding the operational decisions made by Cytokinetics management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Operating Margin
(8.21)
Beta
0.951
Return On Assets
(0.30)
Return On Equity
(5.72)

Technical Drivers

As of the 21st of March, Cytokinetics shows the Mean Deviation of 2.2, standard deviation of 3.2, and Risk Adjusted Performance of (0.04). Cytokinetics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Cytokinetics Price Movement Analysis

Execute Study
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Cytokinetics middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Cytokinetics. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Cytokinetics Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cytokinetics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cytokinetics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cytokinetics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Cytokinetics Outstanding Bonds

Cytokinetics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cytokinetics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cytokinetics bonds can be classified according to their maturity, which is the date when Cytokinetics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Cytokinetics Predictive Daily Indicators

Cytokinetics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cytokinetics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Cytokinetics Corporate Filings

F4
19th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
18th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
17th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
14th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
13th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
10th of March 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
7th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
5th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Cytokinetics Forecast Models

Cytokinetics' time-series forecasting models are one of many Cytokinetics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cytokinetics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Cytokinetics Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cytokinetics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cytokinetics shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cytokinetics. By using and applying Cytokinetics Stock analysis, traders can create a robust methodology for identifying Cytokinetics entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(31.91)(30.32)
Operating Profit Margin(29.03)(27.58)
Net Loss(31.91)(30.32)
Gross Profit Margin(49.27)(46.80)

Current Cytokinetics Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cytokinetics analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cytokinetics analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
81.71Strong Buy18Odds
Cytokinetics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cytokinetics analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cytokinetics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cytokinetics, talking to its executives and customers, or listening to Cytokinetics conference calls.
Cytokinetics Analyst Advice Details

Cytokinetics Stock Analysis Indicators

Cytokinetics stock analysis indicators help investors evaluate how Cytokinetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cytokinetics shares will generate the highest return on investment. By understating and applying Cytokinetics stock analysis, traders can identify Cytokinetics position entry and exit signals to maximize returns.
Begin Period Cash Flow113.4 M
Long Term Debt645.6 M
Common Stock Shares Outstanding112 M
Total Stockholder Equity-135.4 M
Property Plant And Equipment Net141 M
Cash And Short Term Investments1.1 B
Cash94.9 M
Accounts Payable20.4 M
Net Debt600.6 M
50 Day M A46.0676
Total Current Liabilities179.7 M
Other Operating Expenses554.7 M
Non Current Assets Total293.7 M
Non Currrent Assets Other7.7 M
Stock Based Compensation97.8 M
When determining whether Cytokinetics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cytokinetics Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cytokinetics Stock. Highlighted below are key reports to facilitate an investment decision about Cytokinetics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cytokinetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Cytokinetics Stock please use our How to buy in Cytokinetics Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cytokinetics. If investors know Cytokinetics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cytokinetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.26)
Revenue Per Share
0.165
Quarterly Revenue Growth
9.124
Return On Assets
(0.30)
Return On Equity
(5.72)
The market value of Cytokinetics is measured differently than its book value, which is the value of Cytokinetics that is recorded on the company's balance sheet. Investors also form their own opinion of Cytokinetics' value that differs from its market value or its book value, called intrinsic value, which is Cytokinetics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cytokinetics' market value can be influenced by many factors that don't directly affect Cytokinetics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cytokinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cytokinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cytokinetics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.