Foghorn Therapeutics Stock Today

FHTX Stock  USD 7.72  0.14  1.78%   

Performance

1 of 100

 
Weak
 
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Weak

Odds Of Distress

Over 52

 
High
 
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Average
Foghorn Therapeutics is trading at 7.72 as of the 21st of November 2024; that is 1.78 percent decrease since the beginning of the trading day. The stock's open price was 7.86. Foghorn Therapeutics has 52 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Foghorn Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
23rd of October 2020
Category
Healthcare
Classification
Health Care
Foghorn Therapeutics Inc., a clinical-stage biopharmaceutical company, discovers and develops medicines targeting genetically determined dependencies within the chromatin regulatory system. Foghorn Therapeutics Inc. was incorporated in 2015 and is headquartered in Cambridge, Massachusetts. The company has 55.59 M outstanding shares of which 1.13 M shares are currently shorted by private and institutional investors with about 8.53 trading days to cover. More on Foghorn Therapeutics

Moving against Foghorn Stock

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Foghorn Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentAdrian Gottschalk
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, 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
Asset Turnover0.130.1195
Significantly Up
Slightly volatile
Total Current Liabilities87.8 M58.4 M
Way Up
Slightly volatile
Non Current Liabilities Total185.9 M304.7 M
Way Down
Slightly volatile
Total Assets280.8 M285.9 M
Fairly Down
Slightly volatile
Total Current Assets237.1 M240.2 M
Fairly Down
Slightly volatile
Debt Levels
Foghorn Therapeutics 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 Foghorn Therapeutics' financial leverage. It provides some insight into what part of Foghorn Therapeutics' total assets is financed by creditors.
Liquidity
Foghorn Therapeutics currently holds 45.07 M in liabilities with Debt to Equity (D/E) ratio of 2.19, implying the company greatly relies on financing operations through barrowing. Foghorn Therapeutics has a current ratio of 6.7, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Foghorn Therapeutics' use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

2.97 Million
Foghorn Therapeutics (FHTX) is traded on NASDAQ Exchange in USA. It is located in 500 Technology Square, Cambridge, MA, United States, 02139 and employs 116 people. Foghorn Therapeutics 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 436.96 M. Foghorn Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 55.59 M outstanding shares of which 1.13 M shares are currently shorted by private and institutional investors with about 8.53 trading days to cover. Foghorn Therapeutics currently holds about 373.5 M in cash with (118.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Foghorn Therapeutics Probability Of Bankruptcy
Ownership Allocation
Foghorn Therapeutics holds a total of 55.59 Million outstanding shares. The majority of Foghorn Therapeutics outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Foghorn Therapeutics to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Foghorn Therapeutics. Please pay attention to any change in the institutional holdings of Foghorn Therapeutics 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 Foghorn Ownership Details

Foghorn Stock Institutional Holders

InstituionRecorded OnShares
Alphabet Inc2024-06-30
500.9 K
State Street Corp2024-06-30
482.3 K
Point72 Asset Management, L.p.2024-06-30
406.6 K
Birchview Capital, Lp2024-06-30
320.9 K
Northern Trust Corp2024-09-30
250.8 K
The Colony Group Llc2024-06-30
215.7 K
Jacobs Levy Equity Management, Inc.2024-06-30
184.3 K
Morgan Stanley - Brokerage Accounts2024-06-30
130.2 K
Sio Capital Management, Llc2024-06-30
121.7 K
Flagship Ventures Management, Inc.2024-06-30
12.7 M
Fmr Inc2024-09-30
6.3 M
View Foghorn Therapeutics Diagnostics

Foghorn Therapeutics Historical Income Statement

At this time, Foghorn Therapeutics' Net Interest Income is fairly stable compared to the past year. Interest Income is likely to rise to about 11.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 19.7 M in 2024. View More Fundamentals

Foghorn Stock Against Markets

Foghorn Therapeutics Corporate Management

Karin HellsvikCorporate VPProfile
Saurabh SewakVice DevelopmentProfile
Kristian MBAChief OfficerProfile
Allan MDChief OfficerProfile
Alfonso MDChief OfficerProfile

Additional Tools for Foghorn Stock Analysis

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