Assertio Holdings, Inc. (ASRT)

NASDAQ: ASRT · IEX Real-Time Price · USD
1.07
-0.03 (-2.73%)
At close: Dec 29, 2023, 4:00 PM
1.09
+0.02 (1.87%)
After-hours: Dec 29, 2023, 7:19 PM EST
-2.73%
Market Cap 101.30M
Revenue (ttm) 169.43M
Net Income (ttm) -186.01M
Shares Out 94.67M
EPS (ttm) -1.75
PE Ratio n/a
Forward PE 53.48
Dividend n/a
Ex-Dividend Date n/a
Volume 998,866
Open 1.08
Previous Close 1.10
Day's Range 1.05 - 1.10
52-Week Range 0.87 - 8.01
Beta 1.13
Analysts Strong Buy
Price Target 6.50 (+507.48%)
Earnings Date Nov 8, 2023

About ASRT

Assertio Holdings, Inc., a commercial pharmaceutical company, provides medicines in the areas of neurology, rheumatology, and pain and inflammation. Its pharmaceutical products include INDOCIN, an oral and suppository solution for the treatment of moderate to severe rheumatoid arthritis, including acute flares of chronic disease; ankylosing spondylitis and osteoarthritis; and acute painful shoulder and gouty arthritis. It also provides Sympazan, a benzodiazepine for the adjunctive treatment of seizures related with lennox-gastaut syndrome in pa... [Read more]

Sector Healthcare
IPO Date Nov 5, 1997
Employees 30
Stock Exchange NASDAQ
Ticker Symbol ASRT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ASRT stock is "Strong Buy." The 12-month stock price forecast is $6.5, which is an increase of 507.48% from the latest price.

Price Target
$6.5
(507.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Assertio Holdings, Inc. - ASRT

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Assertio Holdings, Inc. ("Assertio" or the "Company") (NASDAQ: ASRT). Such investors are advise...

13 days ago - PRNewsWire

Assertio Holdings, Inc. Appoints Sravan Emany to Its Board of Directors

LAKE FOREST, Ill., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (NASDAQ: ASRT), a specialty pharmaceutical company that acquires, commercializes and develops...

6 weeks ago - GlobeNewsWire

Assertio Reports Third Quarter 2023 Financial Results

Closed Spectrum Acquisition on July 31, 2023, which diversifies and extends portfolio duration  Cash balance at September 30, 2023 of $76.9 million  Announces Management Updates

7 weeks ago - GlobeNewsWire

Assertio Holdings, Inc. to Release Third Quarter 2023 Financial Results on November 8, 2023

LAKE FOREST, Ill., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a specialty pharmaceutical company offering differentiated products to patien...

2 months ago - GlobeNewsWire

Assertio Holdings, Inc. Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

LAKE FOREST, Ill., Oct. 06, 2023 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (NASDAQ: ASRT), a specialty pharmaceutical company offering differentiated products to patien...

3 months ago - GlobeNewsWire

Assertio Reports Second Quarter 2023 Financial Results, Closes Spectrum Acquisition

Second Quarter Net Product Sales Increase 13% Year-Over-Year, Generates $18.6 Million in Cash Flow from Operations

5 months ago - GlobeNewsWire

Assertio Holdings, Inc. Closes Spectrum Pharmaceuticals Transaction

Combination of Assertio's Omni-Channel Digital Sales Capabilities and ROLVEDON In-Person Commercial Team to Enhance Market Access and Growth Across All Products

5 months ago - GlobeNewsWire

Assertio Holdings, Inc. Announces Favorable Vote on Proposed Acquisition of Spectrum Pharmaceuticals

Stockholders From Both Assertio and Spectrum Have Overwhelmingly Voted in Support of the Transaction Transaction Expected to be Significantly Accretive to Assertio in 2024 LAKE FOREST, Ill. and BOSTON...

5 months ago - GlobeNewsWire

Assertio Holdings, Inc. to Report Second Quarter 2023 Financial Results on Thursday, August 3, 2023

LAKE FOREST, Ill., July 24, 2023 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a specialty pharmaceutical company offering differentiated products to patien...

5 months ago - GlobeNewsWire

SPECTRUM PHARMACEUTICALS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Spectrum Pharmaceuticals, Inc. - SPPI

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Spectrum Pharmac...

6 months ago - Business Wire

Assertio Holdings Joins Russell 3000® Index

LAKE FOREST, Ill., June 26, 2023 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a specialty pharmaceutical company, today announced that it has joined the br...

6 months ago - GlobeNewsWire

ASRT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Assertio Holdings, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Assertio Holdings, Inc. (NASDAQ: ASRT) and Spectrum Pharmaceuticals, Inc. is fair to As...

7 months ago - Business Wire

Assertio Reports First Quarter 2023 Financial Results, Raises Full Year 2023 Outlook

Net Product Sales Increase 18% Year-Over -Year Raises Full Year Outlook to Net Product Sales of $157 to $167 Million, Adjusted EBITDA $90 to $98 Million To Acquire Spectrum Pharmaceuticals in All Stoc...

8 months ago - GlobeNewsWire

Assertio Holdings, Inc. Updates First Quarter 2023 Financial Results Call Time to Tuesday, May 9, 2023 at 11:30 am Eastern Time

LAKE FOREST, Ill., May 05, 2023 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a specialty pharmaceutical company offering differentiated products to patient...

8 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Weiss Law Investigates Spectrum Pharmaceuticals, Inc.

NEW YORK , April 27, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Spectrum Pharmaceuticals, Inc. ("Spect...

8 months ago - PRNewsWire

SHAREHOLDER ALERT: Weiss Law Investigates Assertio Holdings, Inc.

NEW YORK , April 27, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Assertio Holdings, Inc. ("Assertio" or...

8 months ago - PRNewsWire

Assertio Holdings, Inc. to Report First Quarter 2023 Financial Results on Tuesday, May 9, 2023

LAKE FOREST, Ill., April 27, 2023 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a specialty pharmaceutical company offering differentiated products to patie...

8 months ago - GlobeNewsWire

Assertio Holdings, Inc. to Acquire Spectrum Pharmaceuticals, Inc. in All Stock and CVR Transaction

Complementary Commercial Growth Platforms Anticipated to Accelerate ROLVEDON™ (eflapegrastim-xnst) Injection Profitability and Diversify Revenue Streams

8 months ago - GlobeNewsWire

Assertio Provides Educational Grant for New Lennox-Gastaut Syndrome (LGS) Foundation Treatments Kits

SYMPAZAN (clobazam) oral CIV film from Assertio is used for the adjunctive treatment of seizures associated with LGS in patients two years of age and older

8 months ago - GlobeNewsWire

Assertio Reports Fourth Quarter and Full Year 2022 Financial Results

Net Product Sales Increase 55% in the Fourth Quarter, 42% for the Full Year

10 months ago - GlobeNewsWire

Assertio Appoints Dr. Howard Franklin as Senior Vice President, Medical

LAKE FOREST, Ill., March 06, 2023 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a specialty pharmaceutical company offering differentiated products to patie...

10 months ago - GlobeNewsWire

Assertio Announces Exchange Offer of $30 Million of its Currently Outstanding 6.50% Convertible Senior Notes Due 2027

LAKE FOREST, Ill., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio”) (NASDAQ: ASRT), a specialty pharmaceutical company offering differentiated products to patients, today announc...

11 months ago - GlobeNewsWire

Assertio Holdings, Inc. Announces Preliminary Fourth Quarter and Full Year 2022 Results

Year-over-Year Net Product Sales Increased at Least 54% for the Fourth Quarter and 41% for the Full Year

11 months ago - GlobeNewsWire

Assertio to Participate in the 2023 Winter Wonderland Best Ideas Conference

LAKE FOREST, Ill., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (NASDAQ: ASRT), a specialty pharmaceutical company offering differentiated products to patien...

11 months ago - GlobeNewsWire

Assertio Announces Partnership with the Lennox-Gastaut Syndrome (LGS) Foundation

SYMPAZAN® (clobazam) oral film from Assertio is used for the adjunctive treatment of seizures associated with LGS in patients two years of age and older Oral film delivery from SYMPAZAN ® delivers clo...

1 year ago - GlobeNewsWire