Should I buy or sell SCYNEXIS stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SCYNEXIS in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SCYX shares. View SCYX analyst ratings or view top-rated stocks .

What is SCYNEXIS's stock price target for 2024?

1 equities research analysts have issued 1-year price targets for SCYNEXIS's stock. Their SCYX share price targets range from $15.00 to $15.00. On average, they anticipate the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 934.5% from the stock's current price. View analysts price targets for SCYX or view top-rated stocks among Wall Street analysts .

How have SCYX shares performed in 2024?

SCYNEXIS's stock was trading at $2.23 at the beginning of 2024. Since then, SCYX stock has decreased by 35.0% and is now trading at $1.45. View the best growth stocks for 2024 here .

When is SCYNEXIS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our SCYX earnings forecast .

How were SCYNEXIS's earnings last quarter?

SCYNEXIS, Inc. (NASDAQ:SCYX) released its quarterly earnings data on Wednesday, November, 10th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.79) by $0.73. The business earned $0.52 million during the quarter, compared to analyst estimates of $0.50 million. SCYNEXIS had a trailing twelve-month return on equity of 156.27% and a net margin of 47.84%. During the same quarter in the prior year, the company posted ($0.28) EPS.

When did SCYNEXIS's stock split?

SCYNEXIS shares reverse split on the morning of Friday, July 17th 2020. The 1-10 reverse split was announced on Thursday, July 16th 2020. The number of shares owned by shareholders was adjusted after the market closes on Thursday, July 16th 2020. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of SCYNEXIS own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SCYNEXIS investors own include Matinas BioPharma (MTNB) , ADMA Biologics (ADMA) , Sorrento Therapeutics (SRNE) , Gran Tierra Energy (GTE) , KushCo (KSHB) , Zosano Pharma (ZSAN) , Bionano Genomics (BNGO) , Outlook Therapeutics (OTLK) , Cogent Biosciences (UMRX) and Aeterna Zentaris (AEZS) .

How do I buy shares of SCYNEXIS?

Shares of SCYX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SCYX

SCYNEXIS (SCYX) Stock Price, News & Analysis

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Free SCYX Stock Alerts

$1.43

-0.04 (-2.80%)

(As of 03:24 PM ET)

Compare

Today's Range: $1.40
▼
$1.50
50-Day Range: $1.39
▼
$2.00
52-Week Range: $1.35
▼
$3.87

Volume: 80,917 shs
Average Volume: 205,975 shs
Market Capitalization: $53.94 million

P/E Ratio: 1.08
Dividend Yield: N/A
Price Target: $15.00

Get SCYNEXIS alerts:

SCYNEXIS MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 934.5% Upside
$15.00 Price Target
Short Interest: Bearish
2.59% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.20
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.08) to ($0.20) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.00 out of 5 stars

Medical Sector

376th out of 930 stocks

Pharmaceutical Preparations Industry

169th out of 429 stocks

3.5

Analyst's Opinion

Consensus Rating
SCYNEXIS has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
SCYNEXIS has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.59% of the outstanding shares of SCYNEXIS have been sold short.
Short Interest Ratio / Days to Cover
SCYNEXIS has a short interest ratio ("days to cover") of 5.1.
Change versus previous month
Short interest in SCYNEXIS has recently increased by 3.25%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
SCYNEXIS does not currently pay a dividend.
Dividend Growth
SCYNEXIS does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SCYX.

4.0

News and Social Media Coverage

News Sentiment
SCYNEXIS has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for SCYNEXIS this week, compared to 2 articles on an average week.
Search Interest
5 people have searched for SCYX on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
6 people have added SCYNEXIS to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SCYNEXIS insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.40% of the stock of SCYNEXIS is held by insiders.
Percentage Held by Institutions
54.37% of the stock of SCYNEXIS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for SCYNEXIS are expected to decrease in the coming year, from ($0.08) to ($0.20) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SCYNEXIS is 1.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of SCYNEXIS is 1.10, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 192.09.
Price to Book Value per Share Ratio
SCYNEXIS has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About SCYNEXIS Stock (NASDAQ:SCYX)

SCYNEXIS, Inc., a biotechnology company, develops products for the treatment of fungal infections in the United States. It offers BREXAFEMME for the treatment of vulvovaginal candidiasis (VVC) and recurrent VVC. The company's lead product candidate is Ibrexafungerp, an intravenous drug for the treatment of various fungal infections, including invasive candidiasis, refractory invasive fungal infections, invasive aspergillosis, VVC, and recurrent VVC. It has research collaborations with Merck Sharp & Dohme Corp., Hansoh (Shanghai) Health Technology Co., Ltd., Jiangsu Hansoh Pharmaceutical Group Company Limited, and R-Pharm, CJSC to develop and commercialize rights for ibrexafungerp. The company was formerly known as SCYNEXIS Chemistry & Automation, Inc. and changed its name to SCYNEXIS, Inc. in June 2002. SCYNEXIS, Inc. was incorporated in 1999 and is headquartered in Jersey City, New Jersey.

SCYX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SCYX Stock News Headlines

April 12, 2024 | markets.businessinsider.com

Buy Rating Affirmed for SCYNEXIS on Strong Financials and Promising Pipeline Prospects

April 9, 2024 | globenewswire.com

SCYNEXIS to Present Preclinical Data on Second Generation Fungerp SCY-247 at the 34th European Congress of Clinical Microbiology and Infectious Diseases (ECCMID)

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 29, 2024 | msn.com

SCYX Stock Earnings: SCYNEXIS Misses EPS, Beats Revenue for Q4 2023

March 28, 2024 | stockhouse.com

SCYNEXIS Reports Full Year 2023 Financial Results and Provides Corporate Update

March 28, 2024 | globenewswire.com

SCYNEXIS Reports Full Year 2023 Financial Results and Provides Corporate Update

February 21, 2024 | benzinga.com

SCYNEXIS Stock (NASDAQ:SCYX) Insider Trades

February 1, 2024 | markets.businessinsider.com

Promising Antifungal Drug Developments Bolster Buy Rating for SCYNEXIS

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

January 30, 2024 | finance.yahoo.com

SCYNEXIS to Participate in Guggenheim’s 6th Annual Biotechnology Conference

January 30, 2024 | finance.yahoo.com

SCYNEXIS Presented Preclinical Data on Second Generation Fungerp SCY-247 against Mucormycosis at the 11th Advances Against Aspergillosis and Mucormycosis Conference

January 8, 2024 | stockhouse.com

DEADLINE TODAY: The Schall Law Firm Encourages Investors in SCYNEXIS, Inc. with Losses of $100,000 to Contact the Firm

January 6, 2024 | markets.businessinsider.com

Scynexis 48 Hour Deadline Alert

January 5, 2024 | finance.yahoo.com

SCYNEXIS to Present Preclinical Data on Second Generation Fungerp SCY-247 at the 11th Advances Against Aspergillosis and Mucormycosis Conference, January 25 – 27, in Milan, Italy

January 1, 2024 | markets.businessinsider.com

SCYX DEADLINE: ROSEN, A TOP RANKED LAW FIRM, Encourages SCYNEXIS, Inc. Investors to Secure Counsel Before Important January 8 Deadline in Securities Class Action - SCYX

December 29, 2023 | stockhouse.com

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in SCYNEXIS, Inc. with Losses of $100,000 to Contact the Firm

December 29, 2023 | barrons.com

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in SCYNEXIS, Inc. with to Contact the Firm

December 26, 2023 | stockhouse.com

Scynexis Deadline Reminder

December 25, 2023 | markets.businessinsider.com

TOP RANKED ROSEN LAW FIRM Encourages SCYNEXIS, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SCYX

December 23, 2023 | stockhouse.com

SCYNEXIS, Inc. (SCYX) Securities Fraud: Contact Berger Montague To Discuss Your Rights

December 22, 2023 | morningstar.com

SCYNEXIS Inc SCYX

December 21, 2023 | stockhouse.com

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in SCYNEXIS, Inc. with Losses of $100,000 to Contact the Firm

December 18, 2023 | markets.businessinsider.com

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of SCYNEXIS, Inc. (SCYX)

December 17, 2023 | stockhouse.com

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in SCYNEXIS, Inc. with Losses of $100,000 to Contact the Firm

December 17, 2023 | markets.businessinsider.com

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages SCYNEXIS, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SCYX

December 16, 2023 | barrons.com

SCYX STOCK ALERT: Robbins LLP Reminds Investors of the Upcoming Lead Plaintiff Deadline in the Class Action Against Scynexis, Inc.

December 12, 2023 | stockhouse.com

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in SCYNEXIS, Inc. with Losses to Contact the Firm

See More Headlines

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Company Calendar

Last Earnings: 11/10/2021
Today: 4/16/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Pharmaceutical preparations
Sub-Industry: N/A
Current Symbol: NASDAQ:SCYX
CUSIP: N/A
CIK: 1178253
Web: www.scynexis.com
Phone: (201) 884-5485
Fax: 201-884-5490
Employees: 36
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $15.00
High Stock Price Target: $15.00
Low Stock Price Target: $15.00
Potential Upside/Downside: +949.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.32
Trailing P/E Ratio: 1.08
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $67.04 million
Net Margins: 47.84%
Pretax Margin: 47.94%
Return on Equity: 156.27%
Return on Assets: 71.00%

Debt

Debt-to-Equity Ratio: 0.17
Current Ratio: 6.26
Quick Ratio: 6.26

Sales & Book Value

Annual Sales: $140.14 million
Price / Sales: 0.38
Cash Flow: $1.88 per share
Price / Cash Flow: 0.76
Book Value: $1.96 per share
Price / Book: 0.73

Miscellaneous

Outstanding Shares: 37,750,000
Free Float: 36,092,000
Market Cap: $53.94 million
Optionable: Optionable
Beta: 1.57

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Key Executives

Mr. David Gonzalez Angulo M.D. (Age 59)
CEO, President & Director
Comp: $631.69k
Mr. Scott Sukenick J.D. (Age 46)
Chief Legal Officer & Corporate Secretary
Comp: $542.05k
Mr. Ivor Macleod CPA (Age 63)
M.B.A., Chief Financial Officer
Debbie Etchison
Executive Director of Communications
Ms. Daniella Gigante
Vice President of Human Resources & Information Technology

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SCYX Stock Analysis - Frequently Asked Questions

Should I buy or sell SCYNEXIS stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SCYNEXIS in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SCYX shares.
View SCYX analyst ratings or view top-rated stocks.
What is SCYNEXIS's stock price target for 2024?: 1 equities research analysts have issued 1-year price targets for SCYNEXIS's stock. Their SCYX share price targets range from $15.00 to $15.00. On average, they anticipate the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 934.5% from the stock's current price.
View analysts price targets for SCYX or view top-rated stocks among Wall Street analysts.
How have SCYX shares performed in 2024?: SCYNEXIS's stock was trading at $2.23 at the beginning of 2024. Since then, SCYX stock has decreased by 35.0% and is now trading at $1.45.
View the best growth stocks for 2024 here.
When is SCYNEXIS's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our SCYX earnings forecast.

How were SCYNEXIS's earnings last quarter?: SCYNEXIS, Inc. (NASDAQ:SCYX) released its quarterly earnings data on Wednesday, November, 10th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.79) by $0.73. The business earned $0.52 million during the quarter, compared to analyst estimates of $0.50 million. SCYNEXIS had a trailing twelve-month return on equity of 156.27% and a net margin of 47.84%. During the same quarter in the prior year, the company posted ($0.28) EPS.
When did SCYNEXIS's stock split?: SCYNEXIS shares reverse split on the morning of Friday, July 17th 2020. The 1-10 reverse split was announced on Thursday, July 16th 2020. The number of shares owned by shareholders was adjusted after the market closes on Thursday, July 16th 2020. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
What other stocks do shareholders of SCYNEXIS own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SCYNEXIS investors own include Matinas BioPharma (MTNB), ADMA Biologics (ADMA), Sorrento Therapeutics (SRNE), Gran Tierra Energy (GTE), KushCo (KSHB), Zosano Pharma (ZSAN), Bionano Genomics (BNGO), Outlook Therapeutics (OTLK), Cogent Biosciences (UMRX) and Aeterna Zentaris (AEZS).
How do I buy shares of SCYNEXIS?: Shares of SCYX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SCYX) was last updated on 4/16/2024 by MarketBeat.com Staff

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SCYNEXIS (SCYX) Stock Price, News & Analysis

SCYNEXIS MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About SCYNEXIS Stock (NASDAQ:SCYX)

SCYX Stock Price History

SCYX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

SCYX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™