Fintel reports that on January 10, 2025, Needham upgraded their outlook for Collegium Pharmaceutical (NasdaqGS:COLL) from Hold to Buy.
Analyst Price Forecast Suggests 29.26% Upside
As of December 23, 2024, the average one-year price target for Collegium Pharmaceutical is $43.10/share. The forecasts range from a low of $37.37 to a high of $52.50. The average price target represents an increase of 29.26% from its latest reported closing price of $33.34 / share.
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The projected annual revenue for Collegium Pharmaceutical is 633MM, an increase of 5.56%. The projected annual non-GAAP EPS is 6.49.
What is the Fund Sentiment?
There are 564 funds or institutions reporting positions in Collegium Pharmaceutical. This is an increase of 36 owner(s) or 6.82% in the last quarter. Average portfolio weight of all funds dedicated to COLL is 0.18%, an increase of 0.27%. Total shares owned by institutions increased in the last three months by 5.11% to 55,892K shares. The put/call ratio of COLL is 0.28, indicating a bullish outlook.
What are Other Shareholders Doing?
CALF - Pacer US Small Cap Cash Cows 100 ETF holds 3,375K shares representing 10.46% ownership of the company. In its prior filing, the firm reported owning 2,730K shares , representing an increase of 19.10%. The firm increased its portfolio allocation in COLL by 21.86% over the last quarter.
Eventide Asset Management holds 2,635K shares representing 8.17% ownership of the company. In its prior filing, the firm reported owning 2,635K shares , representing an increase of 0.03%. The firm increased its portfolio allocation in COLL by 20.86% over the last quarter.
Pacer Advisors holds 2,590K shares representing 8.03% ownership of the company. In its prior filing, the firm reported owning 3,408K shares , representing a decrease of 31.62%. The firm decreased its portfolio allocation in COLL by 14.96% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 2,054K shares representing 6.37% ownership of the company. In its prior filing, the firm reported owning 2,115K shares , representing a decrease of 2.97%. The firm increased its portfolio allocation in COLL by 4.59% over the last quarter.
Principal Financial Group holds 1,746K shares representing 5.41% ownership of the company. In its prior filing, the firm reported owning 1,681K shares , representing an increase of 3.72%. The firm decreased its portfolio allocation in COLL by 46.59% over the last quarter.
Collegium Pharmaceutical Background Information
(This description is provided by the company.)
Collegium Pharmaceutical Inc. is a specialty pharmaceutical company committed to being the leader in responsible pain management. Collegium's headquarters are located in Stoughton, Massachusetts.
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