Summit Therapeutics Inc.(SMMT) Stock Research - Grey Stern Research
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Summit Therapeutics Inc. (SMMT) Stock Analysis

$17.77 (-3.89%)

SMMT Financial Performance


Use the table below to view Summit Therapeutics Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $17.77 -
52 Week Low $2.05 -
52 Week High $33.89 -
Market Cap $13.1 Billion 1/10
Gross Margin 0% 2/10
Profit Margin 0% 1/10
EBITDA margin -100% 1/10
Q3 - 2024 Revenue $0 2/10
Q3 - 2024 Earnings -$56.3 Million 10/10
Q3 - 2024 Free Cash Flow -$30.4 Million 10/10
Trailing 4 Quarters Revenue $0 3/10
Trailing 4 Quarters Earnings -$196.7 Million 10/10
Quarterly Earnings Growth -165% 9/10
Annual Earnings Growth -201% 9/10
Quarterly Revenue Growth 0% 2/10
Annual Revenue Growth -100% 9/10
Cash On Hand $93.8 Million 1/10
Short Term Debt $28.3 Million 1/10
Long Term Debt $8.4 Million 4/10

Summit Therapeutics Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Summit Therapeutics Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE -1.00 1/10
PS -1.00 3/10
PB 29.91 1/10
PC 139.68 2/10
Liabilities to Equity 0.15 8/10
ROA -0.39 4/10
ROE -0.45 4/10
Current Ratio 7.74 2/10
Quick Ratio 7.50 2/10
Long Term Debt to Equity 0.02 7/10
Debt to Equity 0.06 6/10
Burn Rate 1.47 7/10
Cash to Cap 0.01 9/10
CCR 0.54 8/10
EV to EBITDA -1.00 3/10
EV to Revenue -1.00 2/10

Company Details

Summit Therapeutics Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat infectious diseases in the United States and Latin America. It conducts clinical programs focusing on Clostridioides difficile infection (CDI). The company's lead product candidate is ridinilazole, an orally administered small molecule antibiotic that is in Phase III clinical trials for the treatment of CDI. It also offers SMT-738, for combating multidrug resistant infections primarily carbapenem-resistant Enterobacteriaceae infections; and DDS-04 series for the potential treatment of infections caused by the Enterobacteriaceae. The company was founded in 2003 and is based in Cambridge, Massachusetts.

CEO: Mr. Robert W. Duggan

Website: https://www.summittxinc.com

Address: 136a Eastern Avenue Abingdon,

Exchange: NASDAQ Global Market

Industry: Biotechnology

Summit Therapeutics Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Summit Therapeutics Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Kezar Life Sciences, Inc. KZR $51.6 Million
Phio Pharmaceuticals Corp. PHIO $3.0 Million
Sonnet BioTherapeutics Holdings, Inc. SONN $2.0 Million
Nkarta, Inc. NKTX $190.5 Million
Kronos Bio, Inc. KRON $54.3 Million
Elevation Oncology, Inc. ELEV $33.6 Million
Ocean Biomedical, Inc. OCEA $24.0 Million
Icosavax, Inc. ICVX $769.0 Million
180 Life Sciences Corp. ATNF $4.5 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
SMMT Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 0 -$56.3 Million
Q2 2024 $ 0 -$60.4 Million
Q1 2024 $ 0 -$43.5 Million
Q4 2023 $ 0 -$36.6 Million
Q3 2023 $ 0 -$21.3 Million
Q2 2023 $ 235,000 -$14.7 Million
Q1 2023 $ 0 -$1.6 Billion
Q4 2022 $ 705 -$16.3 Million

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SMMT Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $93.8 Million $502.9 Million $24.5 Million $437.9 Million
Q2 2024 $28.4 Million $341.9 Million $8.7 Million $195.1 Million
Q1 2024 $61.3 Million $176.8 Million $109.5 Million $44.2 Million
Q4 2023 $71.4 Million $202.9 Million $106.1 Million $77.7 Million
Q3 2023 $23.8 Million $218.5 Million $106.7 Million $99.4 Million
Q2 2023 $42.1 Million $237.4 Million $107.3 Million $119.6 Million
Q1 2023 $71.0 Million $254.9 Million $104.2 Million $133.5 Million
Q4 2022 $348.6 Million $664.2 Million $518.8 Million $126.7 Million

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SMMT Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 -$30.4 Million -$58,000 $65.3 Million
Q2 2024 $0 $0 $0
Q1 2024 -$30.1 Million -$4,000 -$9.8 Million
Q4 2023 -$19.5 Million -$2,000 $47.6 Million
Q3 2023 -$15.0 Million -$53,000 -$18.3 Million
Q2 2023 -$29.3 Million -$20,000 -$28.9 Million
Q1 2023 -$13.2 Million -$53,000 -$577.6 Million
Q4 2022 $6.2 Million $994,376 $526.6 Million

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