Protagonist Therapeutics (PTGX) stock forecast for 2024. Forecast tables and graphs.







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Protagonist Therapeutics (PTGX) stock forecast for 2024

Updated: May 18, 2024 (12:27)

Sector: Healthcare

The share price of Protagonist Therapeutics, Inc. (PTGX) now

What analysts predict: $44.8
52-week High/Low: $33.34 / $13.72

50/200 Day Moving Average: $27.76 / $22.35

This figure corresponds to the Average Price over the previous 50/200 days. For Protagonist Therapeutics stocks, the 50-day moving average is the resistance level today.

For Protagonist Therapeutics stocks, the 200-day moving average is the resistance level today.

Are you interested in Protagonist Therapeutics, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Protagonist Therapeutics stock price in 2024. How much will one Protagonist Therapeutics share be worth in 2024? Is it worth taking profit / loss on PTGX stock now or waiting? What are analysts' forecasts for Protagonist Therapeutics stock?

We forecast Protagonist Therapeutics stock performance using neural networks based on historical data on PTGX stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Protagonist Therapeutics, Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Protagonist Therapeutics analysts is $44.8. Today 200 Day Moving Average is the support level (22.35 $). 50 Day Moving Average is the resistance level (27.76 $).




Historical and forecast chart of Protagonist Therapeutics, Inc. stock

The chart below shows the historical price of Protagonist Therapeutics stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the PTGX stock price can be found in the table below.


“Protagonist Therapeutics, Inc.” is a clinical stage biopharmaceutical company with a peptide technology platform focused on the discovery and development of new chemical entities (NECs) to meet significant unmet medical needs. The Company’s product pipeline includes PTG-100, PTG-200 and PTG-300. His main focus is on the development of oral peptide formulations that target biological pathways, also targeting commercially available injectable antibodies. PTG-100 is an oral peptide product of an alpha-4-beta-7 (a4b7) integrin antagonist candidate who has completed a phase I clinical trial in normal healthy volunteers (NHVs). PTH-100 is being developed for the treatment of moderate to severe ulcerative colitis (UC). PTG-200 is an oral interleukin-23 (IL-23R) receptor antagonist being developed for the treatment of moderate to severe Crohn’s disease. PTG-300 is an injectable hepcidin mimetic for the treatment of rare conditions associated with iron overload.

Protagonist Therapeutics (PTGX) Forecast for 2024

Month Target Pes. Opt. Vol., %
Jun 31.77 30.67 34.67 11.55 %
Jul 34.21 32.08 37.25 13.89 %
Aug 32.90 31.79 34.36 7.47 %
Sep 31.24 28.77 33.94 15.24 %
Oct 29.29 26.69 30.56 12.65 %
Nov 32.56 29.59 35.18 15.88 %
Dec 33.93 32.06 34.91 8.16 %

Protagonist Therapeutics information and performance

Protagonist Therapeutics Address

7707 GATEWAY BLVD., SUITE 140, NEWARK, CA, US

Market Capitalization: 1 873 348 000 $

Market capitalization of the Protagonist Therapeutics, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of PTGX shares in the company outstanding by the market price of one share.

EBITDA: 149 643 000 $

EBITDA of Protagonist Therapeutics is earnings before interest, income tax and depreciation of assets.

PE Ratio: 12.57

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: N/A

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 2.54

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: -1
Trailing PE: 12.57

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 15.02

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 20.59

Enterprise Value (EV) /Revenue

EV To EBITDA: -13.67

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 58652000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Protagonist Therapeutics price target for 2024 by month


Target values for the price of one Protagonist Therapeutics share for Jun 2024.

The weighted average target price per Protagonist Therapeutics share in Jun 2024 is: 31.77.
In Jun, the Positive dynamics for Protagonist Therapeutics, Inc. shares will prevail with possible monthly volatility of 11.547% volatility is expected.
Pessimistic target level: 30.67
Optimistic target level: 34.67

Target values for the price of one Protagonist Therapeutics share for Jul 2024.

The weighted average target price per Protagonist Therapeutics share in Jul 2024 is: 34.21.
In Jul, the Positive dynamics for Protagonist Therapeutics, Inc. shares will prevail with possible monthly volatility of 13.887% volatility is expected.
Pessimistic target level: 32.08
Optimistic target level: 37.25

Target values for the price of one Protagonist Therapeutics share for Aug 2024.

The weighted average target price per Protagonist Therapeutics share in Aug 2024 is: 32.90.
In Aug, the Negative dynamics for Protagonist Therapeutics, Inc. shares will prevail with possible monthly volatility of 7.469% volatility is expected.
Pessimistic target level: 31.79
Optimistic target level: 34.36

Target values for the price of one Protagonist Therapeutics share for Sep 2024.

The weighted average target price per Protagonist Therapeutics share in Sep 2024 is: 31.24.
In Sep, the Negative dynamics for Protagonist Therapeutics, Inc. shares will prevail with possible monthly volatility of 15.243% volatility is expected.
Pessimistic target level: 28.77
Optimistic target level: 33.94

Target values for the price of one Protagonist Therapeutics share for Oct 2024.

The weighted average target price per Protagonist Therapeutics share in Oct 2024 is: 29.29.
In Oct, the Negative dynamics for Protagonist Therapeutics, Inc. shares will prevail with possible monthly volatility of 12.653% volatility is expected.
Pessimistic target level: 26.69
Optimistic target level: 30.56

Target values for the price of one Protagonist Therapeutics share for Nov 2024.

The weighted average target price per Protagonist Therapeutics share in Nov 2024 is: 32.56.
In Nov, the Positive dynamics for Protagonist Therapeutics, Inc. shares will prevail with possible monthly volatility of 15.883% volatility is expected.
Pessimistic target level: 29.59
Optimistic target level: 35.18

Target values for the price of one Protagonist Therapeutics share for Dec 2024.

The weighted average target price per Protagonist Therapeutics share in Dec 2024 is: 33.93.
In Dec, the Positive dynamics for Protagonist Therapeutics, Inc. shares will prevail with possible monthly volatility of 8.165% volatility is expected.
Pessimistic target level: 32.06
Optimistic target level: 34.91



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.