CPRX Chart
About

Catalyst Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on developing and commercializing medicines for patients living with rare diseases in the United States. It offers Firdapse for the treatment of patients with lambert-eaton myasthenic syndrome (LEMS); Fycompa, a novel non-competitive selective antagonist at the postsynaptic ionotropic alpha-amino-3-hydroxy-5-methyl-4-isoxazolepropionic acid glutamate receptor that is used to treat focal onset seizures, as well as tonic-clonic seizures; Ruzurgi for the treatment of pediatric LEMS patients; and AGAMREE, a corticosteroid for the treatment of duchenne muscular dystrophy. The company has license agreements with BioMarin Pharmaceutical Inc.; and a collaboration and license agreement with Endo Ventures Limited for the development and commercialization of generic Sabril tablets. Catalyst Pharmaceuticals, Inc. was founded in 2002 and is based in Coral Gables, Florida.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 2.97B
Enterprise Value 2.29B Income 217.56M Sales 578.20M
Book/sh 7.47 Cash/sh 5.61 Dividend Yield —
Payout 0.00% Employees 181 IPO —
P/E 14.15 Forward P/E 9.32 PEG —
P/S 5.14 P/B 3.24 P/C —
EV/EBITDA 7.71 EV/Sales 3.95 Quick Ratio 6.19
Current Ratio 6.62 Debt/Eq 0.31 LT Debt/Eq —
EPS (ttm) 1.71 EPS next Y 2.60 EPS Growth 20.00%
Revenue Growth 15.30% Earnings 2026-02-25 ROA 17.74%
ROE 27.52% ROIC — Gross Margin 83.13%
Oper. Margin 44.66% Profit Margin 37.63% Shs Outstand 122.91M
Shs Float 115.31M Short Float 9.19% Short Ratio 7.38
Short Interest — 52W High 26.58 52W Low 19.05
Beta 0.73 Avg Volume 1.24M Volume 1.30M
Target Price $34.57 Recom None Prev Close $24.11
Price $24.19 Change 0.33%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$34.57
Mean price target
2. Current target
$24.19
Latest analyst target
3. DCF / Fair value
$26.52
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$24.19
Low
$32.00
High
$38.00
Mean
$34.57

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-07 main Citigroup Buy → Buy $33
2025-03-03 main Baird Outperform → Outperform $32
2025-02-28 reit HC Wainwright & Co. Buy → Buy $35
2025-02-27 reit Stephens & Co. Overweight → Overweight $33
2025-02-04 init Baird — → Outperform $28
2025-01-10 main HC Wainwright & Co. Buy → Buy $35
2025-01-09 reit B of A Securities Buy → Buy $30
2024-11-18 init Stephens & Co. — → Overweight $35
2024-11-11 main Truist Securities Buy → Buy $36
2024-11-08 reit HC Wainwright & Co. Buy → Buy $30
2024-08-12 main HC Wainwright & Co. Buy → Buy $30
2024-08-09 main Citigroup Buy → Buy $31
2024-08-09 main Truist Securities Buy → Buy $30
2024-06-06 reit Oppenheimer Outperform → Outperform $29
2024-06-03 reit HC Wainwright & Co. Buy → Buy $26
2024-05-10 main HC Wainwright & Co. Buy → Buy $26
2024-03-27 reit Oppenheimer Outperform → Outperform $29
2024-03-22 reit Cantor Fitzgerald Overweight → Overweight $34
2024-03-14 reit Cantor Fitzgerald Overweight → Overweight $34
2024-03-14 init Citigroup — → Buy $27
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 687 — — RUSSO GREGG Officer — 2026-02-17 00:00:00 D nan
1 7139 — — KALB MICHAEL WAYNE Chief Financial Officer — 2026-01-05 00:00:00 D nan
2 42105 — — DALY RICHARD J Chief Executive Officer — 2026-01-05 00:00:00 D nan
3 6667 — — ELSBERND BRIAN D Officer — 2025-12-29 00:00:00 D nan
4 8667 — — DEL CARMEN JEFFREY Officer — 2025-12-29 00:00:00 D nan
5 1334 — — HARPER MOLLY Director — 2025-12-29 00:00:00 D nan
6 6667 — — SUNDARAM PREETHI Officer — 2025-12-29 00:00:00 D nan
7 26334 — — MCENANY PATRICK JAMES Chairman of the Board — 2025-12-29 00:00:00 D nan
8 1334 — — DENKHAUS DONALD A Director — 2025-12-29 00:00:00 D nan
9 1334 — — TIERNEY DAVID S Director — 2025-12-29 00:00:00 D nan
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems1.23M737.86K0.000.00
TaxRateForCalcs0.240.240.210.25
NormalizedEBITDA227.82M116.67M103.08M52.58M
TotalUnusualItems5.08M3.02M
TotalUnusualItemsExcludingGoodwill5.08M3.02M
NetIncomeFromContinuingOperationNetMinorityInterest163.89M71.41M83.08M39.48M
ReconciledDepreciation37.77M32.88M1.24M192.00K
ReconciledCostOfRevenue68.45M51.65M34.25M21.69M
EBITDA232.90M119.69M103.08M52.58M
EBIT195.12M86.81M101.84M52.38M
NetInterestIncome16.06M4.67M
NormalizedIncome160.04M69.12M83.08M39.48M
NetIncomeFromContinuingAndDiscontinuedOperation163.89M71.41M83.08M39.48M
TotalExpenses296.61M311.39M112.36M88.45M
TotalOperatingIncomeAsReported195.12M86.81M101.84M52.38M
DilutedAverageShares124.94M113.75M111.38M107.80M
BasicAverageShares118.46M106.28M103.37M103.38M
DilutedEPS1.310.630.750.37
BasicEPS1.380.670.800.38
DilutedNIAvailtoComStockholders163.89M71.41M83.08M39.48M
NetIncomeCommonStockholders163.89M71.41M83.08M39.48M
NetIncome163.89M71.41M83.08M39.48M
NetIncomeIncludingNoncontrollingInterests163.89M71.41M83.08M39.48M
NetIncomeContinuousOperations163.89M71.41M83.08M39.48M
TaxProvision52.37M23.10M21.64M13.19M
PretaxIncome216.26M94.51M104.72M52.67M
OtherIncomeExpense5.08M3.02M2.88M282.00K
OtherNonOperatingIncomeExpenses7.70M2.88M282.00K
GainOnSaleOfSecurity5.08M3.02M
NetNonOperatingInterestIncomeExpense16.06M4.67M
TotalOtherFinanceCost-16.06M-4.67M
OperatingIncome195.12M86.81M101.84M52.38M
OperatingExpense227.76M259.43M77.97M66.56M
DepreciationAmortizationDepletionIncomeStatement37.38M32.56M1.10M0.00
DepreciationAndAmortizationInIncomeStatement37.38M32.56M1.10M0.00
Amortization37.38M32.56M1.10M0.00
AmortizationOfIntangiblesIncomeStatement37.38M32.56M1.10M0.00
ResearchAndDevelopment12.65M93.15M19.79M16.94M
SellingGeneralAndAdministration177.74M133.71M57.09M49.63M
SellingAndMarketingExpense111.34M86.69M29.47M26.15M
GeneralAndAdministrativeExpense66.40M47.02M28.71M23.48M
OtherGandA45.92M34.25M22.54M19.02M
SalariesAndWages20.47M12.77M6.18M4.46M
GrossProfit422.89M346.24M179.81M118.95M
CostOfRevenue68.84M51.97M34.39M21.88M
TotalRevenue491.73M398.20M214.20M140.83M
OperatingRevenue491.73M398.20M214.20M140.83M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber120.88M107.12M105.26M102.99M
ShareIssued120.88M107.12M105.26M102.99M
TotalDebt3.19M3.56M3.89M4.20M
TangibleBookValue570.96M193.83M267.95M206.83M
InvestedCapital727.63M387.88M300.42M206.83M
WorkingCapital502.93M143.27M263.22M183.04M
NetTangibleAssets570.96M193.83M267.95M206.83M
CapitalLeaseObligations3.19M3.56M3.89M4.20M
CommonStockEquity727.63M387.88M300.42M206.83M
TotalCapitalization727.63M387.88M300.42M206.83M
TotalEquityGrossMinorityInterest727.63M387.88M300.42M206.83M
StockholdersEquity727.63M387.88M300.42M206.83M
GainsLossesNotAffectingRetainedEarnings64.00K14.00K24.00K-148.00K
OtherEquityAdjustments64.00K14.00K24.00K-148.00K
RetainedEarnings285.16M121.27M49.86M-26.31M
AdditionalPaidInCapital442.29M266.49M250.43M233.19M
CapitalStock121.00K107.00K105.00K103.00K
CommonStock121.00K107.00K105.00K103.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest123.78M82.23M75.21M30.96M
TotalNonCurrentLiabilitiesNetMinorityInterest3.10M6.17M17.62M3.89M
OtherNonCurrentLiabilities315.00K485.00K14.06M
DuetoRelatedPartiesNonCurrent14.06M0.00
TradeandOtherPayablesNonCurrent0.002.50M14.06M0.00
LongTermDebtAndCapitalLeaseObligation2.79M3.19M3.56M3.89M
LongTermCapitalLeaseObligation2.79M3.19M3.56M3.89M
CurrentLiabilities120.68M76.06M57.59M27.06M
OtherCurrentLiabilities417.00K465.00K238.00K243.00K
CurrentDebtAndCapitalLeaseObligation402.00K369.00K337.00K308.00K
CurrentCapitalLeaseObligation402.00K369.00K337.00K308.00K
PensionandOtherPostRetirementBenefitPlansCurrent10.75M8.88M5.13M4.04M
PayablesAndAccruedExpenses109.11M66.35M51.88M22.48M
CurrentAccruedExpenses88.04M38.28M26.08M19.63M
InterestPayable389.00K1.03M0.000.00
Payables21.07M28.06M25.80M2.85M
OtherPayable3.58M12.54M13.13M
DuetoRelatedPartiesCurrent13.13M0.00
TotalTaxPayable894.00K729.00K8.70M79.00K
IncomeTaxPayable894.00K729.00K8.70M79.00K
AccountsPayable16.59M14.79M3.98M2.77M
TotalAssets851.41M470.11M375.63M237.79M
TotalNonCurrentAssets227.80M250.78M54.82M27.68M
NonCurrentPrepaidAssets9.00K9.00K
NonCurrentDeferredAssets45.98M36.54M18.74M23.70M
NonCurrentDeferredTaxesAssets45.98M36.54M18.74M23.70M
InvestmentsAndAdvances21.56M16.49M0.00
LongTermEquityInvestment21.56M16.49M0.00
GoodwillAndOtherIntangibleAssets156.67M194.05M32.47M0.00
OtherIntangibleAssets156.67M194.05M32.47M
NetPPE3.58M3.70M3.62M3.98M
AccumulatedDepreciation-1.12M-723.00K-406.00K-275.00K
GrossPPE4.70M4.43M4.02M4.25M
Leases991.00K991.00K980.00K980.00K
OtherProperties2.23M2.51M2.77M3.02M
MachineryFurnitureEquipment1.48M927.00K273.00K254.00K
Properties0.000.000.000.00
CurrentAssets623.61M219.33M320.81M210.11M
OtherCurrentAssets1.03M351.00K354.00K327.00K
PrepaidAssets20.00M12.05M4.81M3.92M
Inventory19.54M15.64M6.80M7.87M
FinishedGoods9.58M9.16M1.26M929.00K
WorkInProcess3.44M4.57M5.54M5.17M
RawMaterials6.52M1.91M0.001.77M
Receivables65.49M53.65M10.79M6.72M
OtherReceivables11.00K138.00K354.00K105.00K
AccountsReceivable65.48M53.51M10.44M6.62M
CashCashEquivalentsAndShortTermInvestments517.55M137.64M298.39M191.27M
OtherShortTermInvestments0.0019.82M
CashAndCashEquivalents517.55M137.64M298.39M171.44M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow239.25M61.86M116.02M59.35M
RepurchaseOfCapitalStock-296.00K0.000.00-12.09M
IssuanceOfCapitalStock141.00M0.000.00
CapitalExpenditure-556.00K-81.74M-29.00K-1.02M
InterestPaidSupplementalData1.40M705.00K0.000.00
IncomeTaxPaidSupplementalData68.45M50.46M7.67M3.00M
EndCashPosition517.55M137.64M298.39M171.44M
BeginningCashPosition137.64M298.39M171.44M130.24M
ChangesInCash379.92M-160.76M126.95M41.21M
FinancingCashFlow140.66M-10.86M1.69M-8.14M
CashFlowFromContinuingFinancingActivities140.66M-10.86M1.69M-8.14M
NetOtherFinancingCharges-13.55M-13.65M-7.88M-153.00K
ProceedsFromStockOptionExercised13.52M2.79M9.57M4.10M
NetCommonStockIssuance140.70M0.000.00-12.09M
CommonStockPayments-296.00K0.000.00-12.09M
CommonStockIssuance141.00M0.000.00
InvestingCashFlow-556.00K-293.50M9.21M-11.02M
CashFlowFromContinuingInvestingActivities-556.00K-293.50M9.21M-11.02M
NetOtherInvestingChanges-198.29M-10.00M
NetInvestmentPurchaseAndSale0.00-13.46M19.24M-10.00M
SaleOfInvestment0.000.0019.24M0.00
PurchaseOfInvestment0.00-13.46M0.00-10.00M
NetIntangiblesPurchaseAndSale0.00-81.51M0.000.00
PurchaseOfIntangibles0.00-81.51M0.000.00
NetPPEPurchaseAndSale-556.00K-231.00K-29.00K-1.02M
PurchaseOfPPE-556.00K-231.00K-29.00K-1.02M
OperatingCashFlow239.81M143.60M116.05M60.37M
CashFlowFromContinuingOperatingActivities239.81M143.60M116.05M60.37M
ChangeInWorkingCapital30.91M-37.32M13.73M5.02M
ChangeInOtherCurrentLiabilities-369.00K-338.00K-307.00K864.00K
ChangeInPayablesAndAccruedExpense55.65M16.62M17.60M4.03M
ChangeInAccruedExpense53.85M5.80M16.39M5.52M
ChangeInPayable1.80M10.82M1.21M-1.49M
ChangeInAccountPayable1.80M10.82M1.21M-1.49M
ChangeInPrepaidAssets-8.50M-5.79M-807.00K3.98M
ChangeInInventory-3.90M-4.74M1.06M-3.22M
ChangeInReceivables-11.96M-43.08M-3.82M-632.00K
ChangesInAccountReceivables-11.96M-43.08M-3.82M-632.00K
OtherNonCashItems-557.00K83.22M4.39M287.00K
StockBasedCompensation22.25M14.25M7.91M6.07M
UnrealizedGainLossOnInvestmentSecurities-5.08M-3.02M0.000.00
DeferredTax-9.39M-17.82M4.94M9.32M
DeferredIncomeTax-9.39M-17.82M4.94M9.32M
DepreciationAmortizationDepletion37.77M32.88M1.24M192.00K
DepreciationAndAmortization37.77M32.88M1.24M192.00K
AmortizationCashFlow37.38M32.56M1.10M0.00
AmortizationOfIntangibles37.38M32.56M1.10M0.00
Depreciation397.00K316.00K141.00K192.00K
OperatingGainsLosses262.00K762.00K292.00K
GainLossOnInvestmentSecurities762.00K
GainLossOnSaleOfPPE262.00K247.00K292.00K
NetIncomeFromContinuingOperations163.89M71.41M83.08M39.48M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CPRX
Date User Asset Broker Type Position Size Entry Price Patterns