Erasca Inc Stock Today

ERAS Stock  USD 1.44  0.03  2.04%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Above Average

 
High
 
Low
Erasca is selling for under 1.44 as of the 17th of March 2025; that is 2.04 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.42. Erasca has over 57 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 17th of December 2024 and ending today, the 17th of March 2025. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
16th of July 2021
Category
Healthcare
Classification
Health Care
Erasca, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, developing, and commercializing therapies for patients with RASMAPK pathway-driven cancers. The company was incorporated in 2018 and is headquartered in San Diego, California. The company has 282.73 M outstanding shares of which 34.52 M shares are currently shorted by private and institutional investors with about 26.53 trading days to cover. More on Erasca Inc

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Erasca Stock Highlights

Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities25.9 M30.1 M
Fairly Down
Slightly volatile
Non Current Liabilities Total66.7 M47.2 M
Significantly Up
Very volatile
Total Assets350.2 M454.6 M
Significantly Down
Slightly volatile
Total Current Assets298.4 M368.8 M
Significantly Down
Slightly volatile
Debt Levels
Erasca can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Erasca's financial leverage. It provides some insight into what part of Erasca's total assets is financed by creditors.
Liquidity
Erasca Inc currently holds 55.86 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Erasca Inc has a current ratio of 16.75, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Erasca's use of debt, we should always consider it together with its cash and equity.

Depreciation

4.51 Million
Erasca Inc (ERAS) is traded on NASDAQ Exchange in USA. It is located in 3115 Merryfield Row, San Diego, CA, United States, 92121 and employs 126 people. Erasca is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 407.13 M. Erasca Inc conducts business under Biotechnology sector and is part of Health Care industry. The entity has 282.73 M outstanding shares of which 34.52 M shares are currently shorted by private and institutional investors with about 26.53 trading days to cover. Erasca Inc currently holds about 371.48 M in cash with (101.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Erasca Probability Of Bankruptcy
Ownership Allocation
Erasca holds a total of 282.73 Million outstanding shares. The majority of Erasca Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Erasca Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Erasca. Please pay attention to any change in the institutional holdings of Erasca Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Erasca Ownership Details

Erasca Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-12-31
6.6 M
5am Venture Management, Llc2024-12-31
5.4 M
Octagon Capital Advisors Lp2024-12-31
5.1 M
Geode Capital Management, Llc2024-12-31
4.6 M
Partner Fund Management Lp2024-12-31
4.4 M
Citadel Advisors Llc2024-12-31
4.3 M
Millennium Management Llc2024-12-31
4.2 M
Woodline Partners Lp2024-12-31
4.1 M
Goldman Sachs Group Inc2024-12-31
2.8 M
T. Rowe Price Investment Management,inc.2024-12-31
16.7 M
Vr Adviser, Llc2024-12-31
16.2 M
View Erasca Diagnostics

Erasca Historical Income Statement

At this time, Erasca's Net Interest Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 18.5 M in 2025, despite the fact that Gross Profit is likely to grow to (3.2 M). View More Fundamentals

Erasca Stock Against Markets

Erasca Corporate Management

Michael VarneyScientific DevelopmentProfile
Lisa TesvichBonoraChief OfficerProfile
Nik ChetwynVP OperationsProfile
CPA MSVP FinProfile
Wei MDChief OfficerProfile
JD EsqGeneral SecretaryProfile
Esq JDGeneral SecretaryProfile

Additional Tools for Erasca Stock Analysis

When running Erasca's price analysis, check to measure Erasca's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Erasca is operating at the current time. Most of Erasca's value examination focuses on studying past and present price action to predict the probability of Erasca's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erasca's price. Additionally, you may evaluate how the addition of Erasca to your portfolios can decrease your overall portfolio volatility.