Is Artificial Intelligence the Biggest Bubble in History?
Is it any surprise 31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading their OWN stocks at record pace? They're getting OUT of AI (and Tech Stocks) before it's too late. But why? And WHERE are they moving their cash for the biggest profits, in 2024?
Shares Stats
| Shares Outstanding | 257,740,000 |
| Shares Float | 256,900,000 |
| Shares Short | 3,510,000 |
| Insider Holdings | 8% |
| Institution Holdings | 96.15% |
About Vertex Pharmaceuticals, Inc
Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF). It markets TRIKAFTA/KAFTRIO for people with CF with at least one F508del mutation for 2 years of age or older; SYMDEKO/SYMKEVI for people with CF for 6 years of age or older; ORKAMBI for CF patients 1 year or older; and KALYDECO for the treatment of patients with 1 year or older who have CF with ivacaftor. The company's pipeline includes VX-522, a CFTR mRNA therapeutic designed to treat the underlying cause of CF, which is in Phase 1 clinical trial; VX-548, a non-opioid medicine for the treatment of acute and neuropathic pain which is in Phase 3 clinical trial; Exa-cel, for the treatment of sickle cell disease and transfusion-dependent beta thalassemia which is in Phase 2/3 clinical trial. In addition, it provides inaxaplin for the treatment of APOL1-mediated focal segmental glomerulosclerosis and co-morbidities, such as hypertension which is in single Phase 2/3; VX- 880 and VX-264, treatment for Type 1 Diabetes which is in Phase 1/2 clinical trial; VX-970, which is in Phase 2 clinical trial for the treatment of cancer; and VX-803 and VX-984 for treatment of cancer in Phase 1 clinical trial. Further, it sells the products to specialty pharmacy and specialty distributors in the United States, as well as retail pharmacies, hospitals, and clinics. Additionally, the company has collaborations with CRISPR Therapeutics AG.; Moderna, Inc.; Entrada Therapeutics, Inc.; Arbor Biotechnologies, Inc.; Mammoth Biosciences, Inc.; and Verve Therapeutics., as well as collaborations with Tevard Biosciences to develop novel tRNA-based therapies for duchenne muscular dystrophy. Vertex Pharmaceuticals Incorporated was founded in 1989 and is headquartered in Boston, Massachusetts.
General
| Name | Vertex Pharmaceuticals, Inc |
| Ticker | VRTX |
| Exchange | NASDAQ |
| Sector | Healthcare |
| Industry | Biotechnology |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 5,400 |
Highlights
| Analyst Target | 502.96 |
| Market Cap | 105,754,400,000 |
| PEG Ratio | 1.07 |
| EBITDA | 4,446,600,192 |
Financials
| Curr Year EPS Estimate | 0.51 |
| Next Quarter EPS Estimate | 4.08 |
| Profit Margin | -4.52% |
| Operating Margin | -2.90 |
| Return on Assets | 0.12 |
| Return on Equity | -0.03 |
| Revenue | 10.6B |
| Earnings Per Share | -1.92 |
| Revenue Per Share | 41.19 |
| Gross Profit | 5,323,100,000 |
| Quarterly Revenue Growth | 0.12 |
Valuation
| Forward PE | 22.22 |
| Price/Sales (Trailing 12 Mt.) | 9.89 |
| Price/Book (Most Recent Quarter) | 6.73 |
Earnings
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