Fate Therapeutics Stock Today

FATE Stock  USD 3.17  0.49  18.28%   

Performance

0 of 100

 
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Odds Of Distress

Over 56

 
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Above Average
Fate Therapeutics is trading at 3.17 as of the 30th of November 2024, a 18.28 percent increase since the beginning of the trading day. The stock's lowest day price was 3.07. Fate Therapeutics has over 56 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Fate Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
1st of October 2013
Category
Healthcare
Classification
Health Care
Fate Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops programmed cellular immunotherapies for cancer and immune disorders worldwide. Fate Therapeutics, Inc. was incorporated in 2007 and is headquartered in San Diego, California. The company has 113.89 M outstanding shares of which 10.39 M shares are currently shorted by private and institutional investors with about 7.2 trading days to cover. More on Fate Therapeutics

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Fate Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOScott Wolchko
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.08790.1255
Way Down
Pretty Stable
Total Current Liabilities36.6 M39.1 M
Notably Down
Slightly volatile
Non Current Liabilities Total63.3 M98.7 M
Way Down
Slightly volatile
Total Assets310.1 M506.2 M
Way Down
Slightly volatile
Total Current Assets234.9 M331.5 M
Way Down
Slightly volatile
Debt Levels
Fate Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fate Therapeutics' financial leverage. It provides some insight into what part of Fate Therapeutics' total assets is financed by creditors.
Liquidity
Fate Therapeutics currently holds 103.54 M in liabilities with Debt to Equity (D/E) ratio of 0.19, which may suggest the company is not taking enough advantage from borrowing. Fate Therapeutics has a current ratio of 6.42, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Fate Therapeutics' use of debt, we should always consider it together with its cash and equity.

Change In Cash

(18.54 Million)
Fate Therapeutics (FATE) is traded on NASDAQ Exchange in USA. It is located in 12278 Scripps Summit Drive, San Diego, CA, United States, 92131 and employs 181 people. Fate Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 361.04 M. Fate Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 113.89 M outstanding shares of which 10.39 M shares are currently shorted by private and institutional investors with about 7.2 trading days to cover. Fate Therapeutics currently holds about 568.85 M in cash with (132.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.86, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Fate Therapeutics Probability Of Bankruptcy
Ownership Allocation
The majority of Fate Therapeutics outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Fate Therapeutics to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Fate Therapeutics. Please pay attention to any change in the institutional holdings of Fate Therapeutics as this could imply that something significant has changed or is about to change at the company.
Check Fate Ownership Details

Fate Stock Institutional Holders

InstituionRecorded OnShares
D. E. Shaw & Co Lp2024-09-30
3.4 M
Baker Bros Advisors Lp2024-09-30
M
Dimensional Fund Advisors, Inc.2024-09-30
2.6 M
Assenagon Asset Management Sa2024-09-30
2.4 M
Goldman Sachs Group Inc2024-06-30
2.3 M
Geode Capital Management, Llc2024-09-30
2.3 M
Vestal Point Capital Lp2024-06-30
M
Bank Of America Corp2024-06-30
M
Jacobs Levy Equity Management, Inc.2024-09-30
1.6 M
Redmile Group, Llc2024-09-30
13.2 M
Vanguard Group Inc2024-09-30
10.4 M
View Fate Therapeutics Diagnostics

Fate Therapeutics Historical Income Statement

At present, Fate Therapeutics' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 85.5 M, whereas Operating Income is projected to grow to (181 M). View More Fundamentals

Fate Stock Against Markets

Fate Therapeutics Corporate Management

Barbara HickingbottomSenior DevelopmentProfile
Andrew HenrySenior OperationsProfile
YuWaye MDChief OfficerProfile
Cindy TahlGeneral SecretaryProfile
Edward IIIChief OfficerProfile
Bahram ValamehrChief Development OfficerProfile
When determining whether Fate Therapeutics is a strong investment it is important to analyze Fate Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fate Therapeutics' future performance. For an informed investment choice regarding Fate Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fate Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Fate Stock refer to our How to Trade Fate Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fate Therapeutics. If investors know Fate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fate Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.64)
Revenue Per Share
0.123
Quarterly Revenue Growth
0.581
Return On Assets
(0.22)
Return On Equity
(0.47)
The market value of Fate Therapeutics is measured differently than its book value, which is the value of Fate that is recorded on the company's balance sheet. Investors also form their own opinion of Fate Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Fate Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fate Therapeutics' market value can be influenced by many factors that don't directly affect Fate Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fate Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fate Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fate Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.