Travere Therapeutics Announces Late-Breaking Data from Phase 3 Studies of Sparsentan in IgAN and FSGS Published in The Lancet and The NEJM Respectively and Presented at the American Society of Nephrology Kidney Week 2023
| TVTX Stock | USD 18.68 0.07 0.37% |
Slightly above 70% of Travere Therapeutics' investor base is looking to short. The analysis of the overall investor sentiment regarding Travere Therapeutics suggests that many traders are alarmed. Travere Therapeutics' investing sentiment can be driven by a variety of factors including economic data, Travere Therapeutics' earnings reports, geopolitical events, and overall market trends.
Travere |
Two-year results from both PROTECT and DUPLEX pivotal Phase 3 studies demonstrate treatment with sparsentan has the potential to preserve kidney function and significantly delay time to kidney failure, suggesting long-term benefits in IgAN and FSGS In PROTECT, the only head-to-head study conducted to date in IgAN, FILSPARI showed one of the slowest rates of kidney function decline in IgAN trials, consistent treatment effects across baseline eGFR and proteinuria, and higher rates of
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Travere Therapeutics Investor Sentiment by Other News Outlets
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Travere Therapeutics Fundamental Analysis
We analyze Travere Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Travere Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Travere Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Travere Therapeutics is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Travere Therapeutics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Travere Therapeutics stock to make a market-neutral strategy. Peer analysis of Travere Therapeutics could also be used in its relative valuation, which is a method of valuing Travere Therapeutics by comparing valuation metrics with similar companies.
Peers
Travere Therapeutics Related Equities
| KROS | Keros Therapeutics | 3.53 | ||||
| PTGX | Protagonist Therapeutics | 2.72 | ||||
| PCVX | Vaxcyte | 0.69 | ||||
| CYTK | Cytokinetics | 0.30 | ||||
| AKRO | Akero Therapeutics | 0.95 | ||||
| NUVL | Nuvalent | 1.01 | ||||
| APLS | Apellis Pharmaceuticals | 1.09 | ||||
| GPCR | Structure Therapeutics | 1.30 | ||||
| RNA | Avidity Biosciences | 1.44 | ||||
| RVMD | Revolution Medicines | 1.82 | ||||
| IDYA | Ideaya Biosciences | 2.09 | ||||
| STOK | Stoke Therapeutics | 2.11 | ||||
| COGT | Cogent Biosciences | 2.42 | ||||
| MGTX | MeiraGTx Holdings | 3.40 | ||||
| VTYX | Ventyx Biosciences | 7.64 | ||||
| LEGN | Legend Biotech | 8.96 | ||||
| ANAB | AnaptysBio | 32.83 |
Additional Tools for Travere Stock Analysis
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