Ardelyx Stock Today

ARDX Stock  USD 5.31  0.19  3.71%   

Performance

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Odds Of Distress

Less than 8

 
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Low
Ardelyx is trading at 5.31 as of the 24th of November 2024; that is 3.71 percent increase since the beginning of the trading day. The stock's open price was 5.12. Ardelyx has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Ardelyx are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
19th of June 2014
Category
Healthcare
Classification
Health Care
Ardelyx, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat gastrointestinal and cardiorenal therapeutic areas in the United States and internationally. Ardelyx, Inc. was incorporated in 2007 and is headquartered in Waltham, Massachusetts. The company has 236.85 M outstanding shares of which 24.06 M shares are presently shorted by private and institutional investors with about 7.96 trading days to cover. More on Ardelyx

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Moving against Ardelyx Stock

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Ardelyx Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO and President and DirectorMichael Raab
Thematic IdeaBiotech (View all Themes)
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Health Care, NASDAQ Composite Total, Biotech, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.230.4182
Way Down
Very volatile
Gross Profit Margin0.590.857
Way Down
Slightly volatile
Total Current Liabilities30.7 M50.4 M
Way Down
Slightly volatile
Non Current Liabilities Total84.4 M80.4 M
Sufficiently Up
Slightly volatile
Total Assets180.1 M297.6 M
Way Down
Slightly volatile
Total Current Assets166.5 M246.1 M
Way Down
Slightly volatile
Debt Levels
Ardelyx 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 Ardelyx's financial leverage. It provides some insight into what part of Ardelyx's total assets is financed by creditors.
Liquidity
Ardelyx currently holds 55.98 M in liabilities with Debt to Equity (D/E) ratio of 0.56, which is about average as compared to similar companies. Ardelyx has a current ratio of 2.26, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Ardelyx's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

326,800
Ardelyx (ARDX) is traded on NASDAQ Exchange in USA. It is located in 400 Fifth Avenue, Waltham, MA, United States, 02451 and employs 267 people. Ardelyx is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.26 B. Ardelyx conducts business under Biotechnology sector and is part of Health Care industry. The entity has 236.85 M outstanding shares of which 24.06 M shares are presently shorted by private and institutional investors with about 7.96 trading days to cover. Ardelyx currently holds about 90.62 M in cash with (89.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48.
Check Ardelyx Probability Of Bankruptcy
Ownership Allocation
Ardelyx holds a total of 236.85 Million outstanding shares. Over half of Ardelyx's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. 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 Ardelyx Ownership Details

Ardelyx Stock Institutional Holders

InstituionRecorded OnShares
Nuveen Asset Management, Llc2024-06-30
2.2 M
Northern Trust Corp2024-09-30
2.1 M
Charles Schwab Investment Management Inc2024-09-30
1.9 M
Rubric Capital Management Lp2024-06-30
1.8 M
Bank Of America Corp2024-06-30
1.8 M
T. Rowe Price Associates, Inc.2024-06-30
1.7 M
Redmile Group, Llc2024-09-30
1.7 M
Deutsche Bank Ag2024-06-30
1.5 M
Oracle Investment Management Inc2024-09-30
1.4 M
Hhg Plc2024-06-30
25.9 M
Blackrock Inc2024-06-30
17.6 M
View Ardelyx Diagnostics

Ardelyx Historical Income Statement

At this time, Ardelyx's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 9.3 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 101.7 M in 2024. View More Fundamentals

Ardelyx Stock Against Markets

Ardelyx Corporate Management

Elizabeth EsqChief SecretaryProfile
Susan RodriguezChief OfficerProfile
Joseph ReillySenior OfficerProfile
CPA MSTCFO TreasurerProfile
Robert FelschSenior OfficerProfile

Already Invested in Ardelyx?

The danger of trading Ardelyx 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 Ardelyx 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 Ardelyx. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ardelyx 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.

Additional Tools for Ardelyx Stock Analysis

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