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Foghorn Therapeutics Inc. FHTX

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Price alert · FHTX

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2.08 USD -0.01 -0.48%

At close · Oct 30

2.08 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
2.08 × 2
Ask
2.09 × 2
2.01 Day range 2.09
1.85 52-week range 7.07
YTD
-61.48%
1 year
-51.74%
Open
2.08
Prev close
2.09
Mkt cap
123.52M
Vol
555.61K
Avg vol
721.87K
EPS
-0.98
P/E
0.00
Div yield
0.00%
More statistics
Low
2.01
High
2.09
Forward P/E
-3.12
Beta
3.15
Short ratio
7.62
Inst. own
72.09%
Dividend
0.00
Ex-div date
Earnings
Aug 8, 2024
50-d avg
7.50
200-d avg
6.85
1y target
12.00

1M chart

Chart tools
Interval

Signals (2)
NameDateAgo
SMA: BullishOct 20, 20261 week ago
MACD: Buy SignalOct 16, 20262 weeks ago

Key statistics

Market cap
274.07M
Enterprise value
57.42M
Trailing P/E
0.00
Forward P/E
-3.12
PEG ratio
0.00
Price / sales
10.74
Price / book
0.00
EPS (TTM)
-1.85
Beta
3.15
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
0.00%
Revenue (TTM)
25.52M
Revenue growth
-55.30%
Free cash flow
-42.25M
Total cash
267.40M
Total debt
39.07M
Return on equity
0.00%
Shares outstanding
55.59M
Short % of float
2.11%
50-day average
7.50
200-day average
6.85

Analyst view

Consensus: buy

Buy
Price target (mean) 12.00 +476.9% upside
Target (low)
4.00
Target (mean)
12.00
Target (high)
18.00
Ratings (0m) 7 6 buy · 1 hold · 0 sell
  • Strong buy2
  • Buy4
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Aug 8, 2024

Expected Aug 8, 2024. Consensus EPS estimate -0.27333.

Earnings history

Financials — quick view

All financials
FHTX Revenue — quarterly 16.07M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
FHTX Net income — quarterly -7.19M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
FHTX EPS — quarterly -0.10
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

FHTX recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 4, 2024Sep 1, 2024-0.42-0.31+0.11+26.19%
Aug 8, 2024Jun 1, 2024-0.60———
Aug 8, 2024Jun 1, 2024-0.60-0.45+0.15+25.00%
May 6, 2024Mar 1, 2024-0.55———
May 6, 2024Mar 1, 2024-0.55-0.59-0.04-7.27%
Mar 7, 2024Dec 1, 2023-0.79-0.57+0.22+27.85%

Upgrades / downgrades

FHTX analyst upgrades and downgrades
DateFirmActionFromTo
Dec 17, 2024HC Wainwright & Co.reitBuyBuy
Dec 16, 2024JefferiesmainBuyBuy
Sep 24, 2024Morgan StanleymainEqual-WeightEqual-Weight
Sep 3, 2024Jefferiesinit—Buy
Aug 19, 2024Evercore ISI Groupinit—Outperform
Aug 12, 2024HC Wainwright & Co.reitBuyBuy

About Foghorn Therapeutics Inc.

Foghorn Therapeutics Inc., a clinical-stage biopharmaceutical company, engages in the discovery and development of medicines targeting genetically determined dependencies within the chromatin regulatory system in the United States. The company uses its proprietary Gene Traffic Control platform to identify, validate, and potentially drug targets within the system. It develops FHD-286, a small molecule inhibitor of the enzymatic activity of BRG1 and BRM that is in phase I for the treatment of relapsed and/or refractory acute myeloid leukemia/myelodysplastic syndrome. The company is also developing therapies for mutant cancers, such as Non-Small Cell Lung, bladder, endometrial, colorectal, and melanoma cancers; and dependent cancers, including prostate cancer and diffuse large b-cell lymphoma. It has a research collaboration and license agreement with Merck Sharp & Dohme Corp. to discover and develop novel oncology therapeutics against a transcription factor target; and Eli Lilly and Company for developing FHD-909, a selective ATPase inhibitor of BRM. Foghorn Therapeutics Inc. was incorporated in 2015 and is headquartered in Cambridge, Massachusetts.

Sector
Healthcare
Industry
Biotechnology
Country
United States

News

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Insider holders

FHTX insider holders
InsiderRelationLatest transactionDateShares held
AGRESTA SAMUEL M.D.OfficerConversion of Exercise of derivative securityAug 15, 20230
BELLON STEVEN FOfficerSaleSep 8, 2024101,957
CAVALIE FANNYOfficerSaleMar 10, 202475,992
COSTA CARLOS FERNANDOOfficerConversion of Exercise of derivative securitySep 22, 20240
GOTTSCHALK ADRIANChief Executive OfficerStock GiftAug 16, 2023511,704

Institution ownership

FHTX institution ownership
Holder% heldSharesValueReported
Flagship Pioneering Inc.22.80%12,674,12062.48MSep 29, 2024
FMR, LLC11.39%6,333,98431.23MSep 29, 2024
BVF Inc.9.54%5,302,00026.14MSep 29, 2024
Deerfield Management Company, L.P. (Series C)5.45%3,027,88614.93MSep 29, 2024
Raymond James & Associates, Inc.4.13%2,297,31911.33MSep 29, 2024
Blackrock Inc.3.26%1,811,3028.93MSep 29, 2024

Fund ownership

FHTX fund ownership
Holder% heldSharesValueReported
Fidelity Growth Company Fund3.42%1,902,5579.38MOct 30, 2024
Vanguard Total Stock Market Index Fund1.73%962,1804.74MSep 29, 2024
iShares Russell 2000 ETF1.11%618,2633.05MOct 30, 2024
Fidelity Select Portfolios - Biotechnology1.08%601,4412.97MOct 30, 2024
Fidelity Growth Company K6 Fund1.04%579,4462.86MOct 30, 2024
Vanguard Extended Market Index Fund0.93%519,7042.56MSep 29, 2024
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