Coherus Biosciences Stock Today

CHRS Stock  USD 0.88  0.03  3.53%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 67

 
High
 
Low
Quite High
Coherus BioSciences is selling for under 0.88 as of the 20th of October 2024; that is 3.53 percent increase since the beginning of the trading day. The stock's lowest day price was 0.84. Coherus BioSciences has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Coherus BioSciences are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2023 and ending today, the 20th of October 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
6th of November 2014
Category
Healthcare
Classification
Health Care
Coherus BioSciences, Inc., a biopharmaceutical company, focuses on the biosimilar and immuno-oncology market primarily in the United States. Coherus BioSciences, Inc. was incorporated in 2010 and is headquartered in Redwood City, California. Coherus Bio operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 115.21 M outstanding shares of which 27.96 M shares are currently shorted by private and institutional investors with about 12.98 trading days to cover. More on Coherus BioSciences

Moving together with Coherus Stock

  0.8VALN Valneva SE ADRPairCorr
  0.86DYAI Dyadic InternationalPairCorr
  0.91ERNA Eterna TherapeuticsPairCorr

Moving against Coherus Stock

  0.86GILD Gilead SciencesPairCorr
  0.79BMY Bristol Myers SquibbPairCorr
  0.76GNFT GenfitPairCorr
  0.62WVE Wave Life SciencesPairCorr
  0.61A Agilent Technologies Fiscal Year End 18th of November 2024 PairCorr
  0.59INBX Inhibrx Symbol ChangePairCorr

Coherus Stock Highlights

Chairman, CEO and PresDennis Lanfear
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Composite Total, 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
Asset Turnover0.290.4086
Way Down
Slightly volatile
Total Current Liabilities348.4 M331.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total288.9 M491.3 M
Way Down
Slightly volatile
Total Assets362.5 M629.6 M
Way Down
Slightly volatile
Total Current Assets311.1 M475.6 M
Way Down
Slightly volatile
Debt Levels
Coherus BioSciences 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 Coherus BioSciences' financial leverage. It provides some insight into what part of Coherus BioSciences' total assets is financed by creditors.
Liquidity
Coherus BioSciences currently holds 480.84 M in liabilities. Coherus BioSciences has a current ratio of 3.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Coherus BioSciences' use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

28.01 Million
Coherus BioSciences (CHRS) is traded on NASDAQ Exchange in USA. It is located in 333 Twin Dolphin Drive, Redwood City, CA, United States, 94065 and employs 246 people. Coherus BioSciences 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 101.72 M. Coherus BioSciences conducts business under Biotechnology sector and is part of Health Care industry. The entity has 115.21 M outstanding shares of which 27.96 M shares are currently shorted by private and institutional investors with about 12.98 trading days to cover. Coherus BioSciences currently holds about 275.48 M in cash with (174.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.54, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Coherus BioSciences Probability Of Bankruptcy
Ownership Allocation
Coherus BioSciences holds a total of 115.21 Million outstanding shares. The majority of Coherus BioSciences outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Coherus BioSciences to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Coherus BioSciences. Please pay attention to any change in the institutional holdings of Coherus BioSciences 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 Coherus Ownership Details

Coherus Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
1.6 M
Disciplined Growth Investors Inc2024-06-30
1.3 M
Cm Management, Llc2024-06-30
1.1 M
Tang Capital Management Llc2024-06-30
1.1 M
Tejara Capital Ltd2024-06-30
M
Peregrine Capital Management,llc2024-06-30
M
Jacobs Levy Equity Management, Inc.2024-06-30
M
Alphacentric Advisors, Llc2024-06-30
1000 K
Northern Trust Corp2024-06-30
913.7 K
Blackrock Inc2024-06-30
11.8 M
Vanguard Group Inc2024-06-30
10.6 M
View Coherus BioSciences Diagnostics

Coherus BioSciences Historical Income Statement

At this time, Coherus BioSciences' Interest Expense is comparatively stable compared to the past year. Gross Profit is likely to gain to about 141.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 100.1 M in 2024. View More Fundamentals

Coherus Stock Against Markets

Coherus BioSciences Corporate Management

Vladimir VexlerChief Scientific OfficerProfile
Bryan McmichaelPrincipal AccountingProfile
Michael ChenSenior TradeProfile
Theresa LavalleeChief BoardProfile
MRCP MDChief OfficerProfile
Rebecca SunshineChief OfficerProfile

Additional Tools for Coherus Stock Analysis

When running Coherus BioSciences' price analysis, check to measure Coherus BioSciences' 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 Coherus BioSciences is operating at the current time. Most of Coherus BioSciences' value examination focuses on studying past and present price action to predict the probability of Coherus BioSciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coherus BioSciences' price. Additionally, you may evaluate how the addition of Coherus BioSciences to your portfolios can decrease your overall portfolio volatility.