Is Ascendis Pharma Stock a Good Investment?
Ascendis Pharma Investment Advice | ASND |
- Examine Ascendis Pharma's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ascendis Pharma's leadership team and their track record. Good management can help Ascendis Pharma navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Biotechnology space and any emerging trends that could impact Ascendis Pharma's business and its evolving consumer preferences.
- Compare Ascendis Pharma's performance and market position to its competitors. Analyze how Ascendis Pharma is positioned in terms of product offerings, innovation, and market share.
- Check if Ascendis Pharma pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ascendis Pharma's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ascendis Pharma AS stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ascendis Pharma AS is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Ascendis Pharma Stock
Researching Ascendis Pharma's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 9.37. Ascendis Pharma AS had not issued any dividends in recent years.
To determine if Ascendis Pharma is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ascendis Pharma's research are outlined below:
| Ascendis Pharma AS generated a negative expected return over the last 90 days | |
| Ascendis Pharma AS has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 266.72 M. Net Loss for the year was (481.45 M) with profit before overhead, payroll, taxes, and interest of 39.04 M. | |
| Ascendis Pharma AS currently holds about 955.15 M in cash with (467.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.11. | |
| Ascendis Pharma AS has a frail financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: Heres How Much You Would Have Made Owning Ascendis Pharma Stock In The Last 10 Years |
Ascendis Pharma Quarterly Gross Profit |
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Ascendis Pharma uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ascendis Pharma AS. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ascendis Pharma's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Ascendis Pharma's 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. Below are the table of largest EPS Surprises Ascendis Pharma's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2017-05-23 | 2017-03-31 | -0.75 | -0.83 | -0.08 | 10 | ||
2016-04-14 | 2016-03-31 | -0.46 | -0.54 | -0.08 | 17 | ||
2016-08-31 | 2016-06-30 | -0.69 | -0.6 | 0.09 | 13 | ||
2018-03-28 | 2017-12-31 | -0.8 | -0.92 | -0.12 | 15 | ||
2016-11-30 | 2016-09-30 | -0.68 | -0.8 | -0.12 | 17 | ||
2022-05-11 | 2022-03-31 | -2 | -2.21 | -0.21 | 10 | ||
2015-08-24 | 2015-06-30 | -0.49 | -0.7 | -0.21 | 42 | ||
2017-08-18 | 2017-06-30 | -0.72 | -0.94 | -0.22 | 30 |
Ascendis Pharma Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ascendis target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Ascendis Pharma's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 14 | Strong Buy |
Most Ascendis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Ascendis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Ascendis Pharma AS, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAscendis Pharma Target Price Projection
Ascendis Pharma's current and average target prices are 129.90 and 0.34, respectively. The current price of Ascendis Pharma is the price at which Ascendis Pharma AS is currently trading. On the other hand, Ascendis Pharma's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Ascendis Pharma Market Quote on 20th of October 2024
Target Price
Analyst Consensus On Ascendis Pharma Target Price
Ascendis Pharma Analyst Ratings
Ascendis Pharma's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Ascendis Pharma stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Ascendis Pharma's financials, market performance, and future outlook by experienced professionals. Ascendis Pharma's historical ratings below, therefore, can serve as a valuable tool for investors.Know Ascendis Pharma's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ascendis Pharma is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ascendis Pharma AS backward and forwards among themselves. Ascendis Pharma's institutional investor refers to the entity that pools money to purchase Ascendis Pharma's securities or originate loans. 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 | Amvescap Plc. | 2024-06-30 | 1.1 M | Adage Capital Partners Gp Llc | 2024-06-30 | 820.5 K | Vestal Point Capital Lp | 2024-06-30 | 750 K | Sofinnova Ventures | 2024-06-30 | 734.3 K | Paradigm Biocapital Advisors Lp | 2024-06-30 | 664.3 K | Spyglass Capital Management Llc | 2024-06-30 | 662.9 K | Ameriprise Financial Inc | 2024-06-30 | 660.7 K | Timessquare Capital Management, Llc | 2024-06-30 | 596.3 K | Citadel Advisors Llc | 2024-06-30 | 537.8 K | Ra Capital Management, Llc | 2024-06-30 | 10.1 M | Westfield Capital Management Company, Lp | 2024-06-30 | 5 M |
Ascendis Pharma's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.76 B.Market Cap |
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Ascendis Pharma's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.59) | (0.62) | |
| Return On Capital Employed | (0.73) | (0.69) | |
| Return On Assets | (0.58) | (0.61) | |
| Return On Equity | 3.30 | 3.47 |
Determining Ascendis Pharma's profitability involves analyzing its financial statements and using various financial metrics to determine if Ascendis Pharma is a good buy. For example, gross profit margin measures Ascendis Pharma's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ascendis Pharma's profitability and make more informed investment decisions.
Ascendis Pharma's Earnings Breakdown by Geography
Please note, the presentation of Ascendis Pharma's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ascendis Pharma's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ascendis Pharma's management manipulating its earnings.
Evaluate Ascendis Pharma's management efficiency
Ascendis Pharma AS has return on total asset (ROA) of (0.2792) % which means that it has lost $0.2792 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (8.1843) %, meaning that it created substantial loss on money invested by shareholders. Ascendis Pharma's management efficiency ratios could be used to measure how well Ascendis Pharma manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 3.47, whereas Return On Tangible Assets are forecasted to decline to (0.62). At present, Ascendis Pharma's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 374.1 M, whereas Non Current Assets Total are forecasted to decline to about 79.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (2.59) | (2.46) | |
| Tangible Book Value Per Share | (2.67) | (2.53) | |
| Enterprise Value Over EBITDA | (15.21) | (14.45) | |
| Price Book Value Ratio | (44.02) | (41.82) | |
| Enterprise Value Multiple | (15.21) | (14.45) | |
| Price Fair Value | (44.02) | (41.82) | |
| Enterprise Value | 6.7 B | 7 B |
The analysis of Ascendis Pharma's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Ascendis Pharma's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Ascendis Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.637 |
Basic technical analysis of Ascendis Stock
As of the 20th of October, Ascendis Pharma shows the mean deviation of 1.96, and Risk Adjusted Performance of 0.0028. Ascendis Pharma AS 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. Please confirm Ascendis Pharma AS standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Ascendis Pharma AS is priced correctly, providing market reflects its regular price of 129.9 per share. Given that Ascendis Pharma has information ratio of (0.04), we suggest you to validate Ascendis Pharma AS's prevailing market performance to make sure the company can sustain itself at a future point.Ascendis Pharma's Outstanding Corporate Bonds
Ascendis Pharma 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. Ascendis Pharma AS 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 Ascendis bonds can be classified according to their maturity, which is the date when Ascendis Pharma AS 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.
| ASCENSION HEALTH Corp BondUS04352EAA38 | View | |
| US04352EAB11 Corp BondUS04352EAB11 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| ASCENSION HEALTH ALLIANCE Corp BondUS04351LAB62 | View | |
| US04351LAA89 Corp BondUS04351LAA89 | View |
Understand Ascendis Pharma's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Ascendis Pharma's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0028 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 1.96 | |||
| Coefficient Of Variation | (16,183) | |||
| Standard Deviation | 3.38 | |||
| Variance | 11.39 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 22.16 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 4.75 | |||
| Skewness | 1.69 | |||
| Kurtosis | 11.25 |
| Risk Adjusted Performance | 0.0028 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 1.96 | |||
| Coefficient Of Variation | (16,183) | |||
| Standard Deviation | 3.38 | |||
| Variance | 11.39 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 22.16 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 4.75 | |||
| Skewness | 1.69 | |||
| Kurtosis | 11.25 |
Consider Ascendis Pharma's intraday indicators
Ascendis Pharma 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 Ascendis Pharma 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.
Ascendis Pharma Corporate Filings
6K | 9th of October 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 20th of September 2024 Other Reports | ViewVerify | |
| 18th of September 2024 Other Reports | ViewVerify | |
| 4th of September 2024 Other Reports | ViewVerify |
Ascendis Stock media impact
Far too much social signal, news, headlines, and media speculation about Ascendis Pharma that are available to investors today. That information is available publicly through Ascendis media outlets and privately through word of mouth or via Ascendis internal channels. However, regardless of the origin, that massive amount of Ascendis data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ascendis Pharma news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ascendis Pharma relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ascendis Pharma's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ascendis Pharma alpha.
Ascendis Pharma Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Ascendis Pharma can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ascendis Pharma AS Historical Investor Sentiment
Investor biases related to Ascendis Pharma's public news can be used to forecast risks associated with an investment in Ascendis. The trend in average sentiment can be used to explain how an investor holding Ascendis can time the market purely based on public headlines and social activities around Ascendis Pharma AS. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ascendis Pharma's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ascendis Pharma and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Ascendis Pharma news discussions. The higher the estimate score, the more favorable the investor's outlook on Ascendis Pharma.
Ascendis Pharma Corporate Management
| Michael LLM | Chief VP | Profile | |
| Birgitte MD | Sr Affairs | Profile | |
| Stina MD | Executive Oncology | Profile | |
| Scott Holmes | Head Endocrinology | Profile | |
| Timothy Lee | Director Relations | Profile | |
| Nyssa Noyola | Vice Management | Profile | |
| Jens Okkels | VP Devel | Profile |
Already Invested in Ascendis Pharma AS?
The danger of trading Ascendis Pharma AS is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ascendis Pharma is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ascendis Pharma. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ascendis Pharma AS is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ascendis Pharma AS is a strong investment it is important to analyze Ascendis Pharma's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ascendis Pharma's future performance. For an informed investment choice regarding Ascendis Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascendis Pharma AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 Ascendis Pharma. If investors know Ascendis 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 Ascendis Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.37) | Revenue Per Share 5.595 | Quarterly Revenue Growth (0.24) | Return On Assets (0.28) | Return On Equity (8.18) |
The market value of Ascendis Pharma AS is measured differently than its book value, which is the value of Ascendis that is recorded on the company's balance sheet. Investors also form their own opinion of Ascendis Pharma's value that differs from its market value or its book value, called intrinsic value, which is Ascendis Pharma's 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 Ascendis Pharma's market value can be influenced by many factors that don't directly affect Ascendis Pharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Ascendis Pharma's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Ascendis Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascendis Pharma's 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.