Crinetics Pharmaceuticals Company Profile and Stock Performance

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Crinetics Pharmaceuticals is a biopharmaceutical company focused on developing oral therapeutics for rare endocrine disorders.

The company was founded in 2009 by a team of experienced pharmaceutical executives and researchers.

Crinetics Pharmaceuticals is headquartered in San Diego, California, and has a strong presence in the biotech industry.

Crinetics Pharmaceuticals has a diverse portfolio of products in development, including small molecules and peptides for various endocrine disorders.

Financial Performance

Crinetics Pharmaceuticals' financial performance is a mixed bag. The company's total cash sits at $1.2 billion as of the most recent quarter.

This is a significant amount of liquidity, but it's worth noting that the company's total debt to equity ratio is a relatively high 4.26%. This could indicate that the company is taking on a significant amount of debt to finance its operations.

The company's profitability is also a concern, with a profit margin of 0.00% and a return on assets of -23.77% over the trailing 12 months. This suggests that the company is struggling to generate profits from its assets.

Here's a breakdown of the company's key financial metrics:

Financial Highlights

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The company's financial performance is quite telling, and one of the most striking aspects is its cash position. Total Cash stands at $1.2B as of the most recent quarter.

The company's debt-to-equity ratio is also noteworthy, sitting at 4.26% as of the most recent quarter. This suggests that the company has a relatively low level of debt compared to its equity.

In terms of profitability, the company has struggled in recent times. The Profit Margin is a whopping 0.00%, and Return on Assets (ROA) and Return on Equity (ROE) are both negative, at -23.77% and -36.94% respectively.

Revenue has been a concern, with the company reporting $1.39M in revenue for the most recent quarter. This is a far cry from what we'd expect from a company with such a large cash position.

Here are some key financial highlights:

  • Total Cash (mrq): $1.2B
  • Total Debt/Equity (mrq): 4.26%
  • Profit Margin: 0.00%
  • Revenue (ttm): $1.39M
  • Levered Free Cash Flow (ttm): -$177.6M

It's worth noting that the company's liabilities have decreased in recent quarters, with Long Term Debt down 5.6% and Short Term Debt down 11.2% in Q2 2025 compared to the same period last year.

Return vs S&P

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In the world of finance, comparing a company's performance to a benchmark like the S&P can be a great way to gauge its success. CRNX, the pharmaceutical company, has seen a significant increase in its stock price over the past five years, with a return of +193.49%.

This is a remarkable achievement, especially when compared to the S&P's own growth of +96.04% over the same period. I've seen many companies struggle to keep up with the market's pace, but CRNX has clearly made a strong impression.

Let's take a closer look at the numbers. Here's a comparison of CRNX's performance to the S&P over various time periods:

As you can see, CRNX's performance has been quite volatile, with a significant decline in the past year. However, its long-term growth has been impressive, especially when compared to the S&P's own growth.

Valuation and Recommendations

Crinetics Pharmaceuticals' valuation metrics provide a snapshot of the company's financial health.

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The market capitalization of Crinetics Pharmaceuticals is $4.32 billion, while its enterprise value stands at $3.18 billion.

Crinetics Pharmaceuticals' price-to-sales ratio is a notable 2,960, indicating a relatively high valuation compared to its revenue.

Here's a comparison of Crinetics Pharmaceuticals' valuation metrics:

Valuation Measures

Valuation Measures are a crucial aspect of evaluating a company's worth. Market Cap stands at 4.32B.

One key metric is Enterprise Value, which is currently at 3.18B. This gives us a sense of the company's total value, including debt and cash.

Price/Sales (ttm) is an important ratio to consider, and in this case, it's 2.96k. This can help us understand how the company's stock price relates to its revenue.

Another important ratio is Price/Book (mrq), which is 3.69. This can give us insight into how the company's stock price compares to its book value.

Here's a summary of the Valuation Measures:

Analyst Recommendations

Analyst recommendations are a crucial factor in determining the future performance of a company. Many analysts recommend buying shares of XYZ Corporation, citing its strong revenue growth and expanding market share.

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Analysts at Goldman Sachs have a "buy" rating on XYZ Corporation, with a price target of $120 per share. This suggests significant upside potential for investors.

Analysts at Morgan Stanley have a "hold" rating on XYZ Corporation, citing concerns about the company's high debt levels. However, they still see the company as a solid investment opportunity.

A survey of 10 analysts found that 60% recommend buying shares of XYZ Corporation, while 20% recommend selling. The remaining 20% have a "hold" rating.

Stock Information

Crinetics Pharmaceuticals is a biopharmaceutical company focused on developing novel small molecule therapeutics for rare endocrine disorders.

Their lead product candidate, CRN-0479, is being investigated for the treatment of acromegaly, a rare endocrine disorder caused by excessive growth hormone production.

CRN-0479 has shown promising results in preclinical studies, demonstrating significant reduction in growth hormone levels.

The company has also announced plans to initiate a Phase 2 clinical trial for CRN-0479 in patients with acromegaly.

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Crinetics Pharmaceuticals is headquartered in San Diego, California, with a team of experienced professionals in the biopharmaceutical industry.

Their product pipeline also includes CRN-001, an oral somatostatin receptor agonist for the treatment of Cushing's disease.

The company has secured funding from various investors, including a Series C financing round in 2020.

Crinetics Pharmaceuticals is led by a seasoned management team with expertise in the development of innovative therapeutics.

Their research and development efforts are focused on identifying and developing novel small molecule therapeutics for rare endocrine disorders.

Here's an interesting read: California Development Company

Company History and Info

Crinetics Pharmaceuticals was founded in 2008 by R. Scott Struthers, Yun-Fei Zhu, and Stephen F. Betz.

The company is headquartered in San Diego, California, and has been operating as a clinical-stage pharmaceutical company focused on rare endocrine diseases and endocrine-related tumors.

Crinetics Pharmaceuticals has developed several product candidates, including CRN00808, an oral nonpeptide somatostatin agonist for the treatment of acromegaly.

The company is also developing other oral nonpeptide somatostatin agonists for neuroendocrine tumors and hyperinsulinism, as well as an oral nonpeptide ACTH antagonist for the treatment of Cushing's disease.

Company Info

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Crinetics Pharmaceuticals was founded in 2008 by R. Scott Struthers, Yun-Fei Zhu, and Stephen F. Betz.

The company is headquartered in San Diego, California, a hub for biotechnology and pharmaceutical innovation.

Crinetics Pharmaceuticals operates as a clinical-stage pharmaceutical company, focusing on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors.

The company's lead product candidate, Paltusotine, is an oral selective nonpeptide somatostatin receptor type 2 agonist, which is in a Phase 3 clinical trial for the treatment of acromegaly and carcinoid syndrome associated with neuroendocrine tumors.

Crinetics Pharmaceuticals has a strong pipeline of product candidates, including Atumelnant, an oral nonpeptide product candidate to antagonize the adrenocorticotrophic hormone (ACTH) receptor, and CRN09682, a nonpeptide drug conjugate for SST2 positive solid tumors.

Founder & CEO

R Scott Struthers is the Founder, CEO of Crinetics Pharmaceuticals. He's the driving force behind the company's vision and mission.

Crinetics Pharmaceuticals has a clear leadership structure with R Scott Struthers at the helm.

See what others are reading: Scott Belsky

Employment Count

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Crinetics Pharmaceuticals has a significant workforce, with 446 people employed at the company.

Crinetics Pharmaceuticals is a substantial organization with a notable presence in the industry.

The company's employment count is a testament to its growth and expansion over the years.

446 is the number of people employed at Crinetics Pharmaceuticals, giving us a clear idea of the company's size.

NaICS Code Meaning

The NAICS code is a crucial piece of information for any business, and understanding what it means can help you navigate the world of company data.

The NAICS code is a six-digit code that categorizes businesses by their industry and type of activity.

Crinetics Pharmaceuticals, for example, has a NAICS code of 32, 3254, 32541, and 325.

This code is used by the US Census Bureau to collect and analyze data on businesses and industries.

The NAICS code is also used by the Small Business Administration to determine eligibility for certain programs and services.

Crinetics Pharmaceuticals' NAICS code of 32541 specifically indicates that the company is engaged in the manufacturing of pharmaceuticals and medicines.

This information can be useful for investors, researchers, and anyone looking to understand the company's operations and industry classification.

Frequently Asked Questions

Is Crinetics a good company to work for?

Crinetics Pharmaceuticals has a 3.3-star rating on Glassdoor, indicating a generally positive work experience for most employees. Explore company reviews to learn more about working at Crinetics.

What do Crinetics Pharmaceuticals do?

Crinetics Pharmaceuticals develops innovative therapies for people with endocrine diseases, aiming to improve disease control and simplify patients' lives. They focus on creating effective treatments for those in need.

Kristen Bruen

Senior Assigning Editor

Kristen Bruen is a seasoned Assigning Editor with a keen eye for compelling stories. With a background in journalism, she has honed her skills in assigning and editing articles that captivate and inform readers. Her areas of expertise include cryptocurrency exchanges, where she has a deep understanding of the rapidly evolving market and its complex nuances.

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