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Assertio Holdings, Inc. (ASRT)

Healthcare | Drug Manufacturers - Specialty & Generic | Lake Forest, United States | NasdaqCM
23.48 USD +0.01 (0.043%) ⇧ (June 12, 2026, 4 p.m. EDT)
After hours: 23.46 -0.02 (-0.020%) ⇩ (June 12, 2026, 7:16 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | June 12, 2026, 7:32 p.m. EDT

The most critical signal here is the active tender offer priced at $23.50 per share, which effectively caps the stock's upside while providing a hard floor. The market has already priced in this acquisition premium, as the current price sits virtually at the offer level. While the buyout provides a safety net, the underlying business is struggling significantly, with revenue contracting by over 60% and operating margins deeply negative. The lack of dividends and the deteriorating operational metrics suggest that the long-term value lies entirely in the sale, not in the company's organic growth. Investors should view this as a short-term arbitrage play on the deal completion rather than a long-term equity investment in the business itself.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79_105 ✓0.485694
MSTL_790.488500
MSTL0.508725
AutoETS0.510041
AutoARIMA0.510042
MSTL_1050.517485
AutoTheta0.527447

Forecast horizon: 60 days | Selected: MSTL_79_105

Forecast Reliability
Score 29%
H-stat 2.83
Ljung-Box p 0.000
Jarque-Bera p 0.005
Excess Kurtosis 0.50
Attribute Value
Sector Healthcare
Debt to Equity Ratio 53.302
Revenue per Share 15.92
Market Cap 151,731,984
Forward P/E 9.10
Beta 0.53
Profit Margins -34.94%
Website https://www.assertiotx.com

As of June 12, 2026, 7:32 p.m. EDT: Implied volatility remains exceptionally low across expirations, suggesting low speculative fervor. Open interest is heavily concentrated in deep in-the-money calls for the near term, indicating hedging or assignment risk rather than pure bullish speculation. September puts show notable open interest at lower strikes, reflecting a hedge against a potential deal failure or price collapse below the tender offer threshold.


Info Dump

Attribute Value
52 Week Change 1.408205
Address1 100 South Saunders Road
Address2 Suite 300
All Time High 2,024.4
All Time Low 7.65
Ask 26.78
Ask Size 1
Audit Risk 3
Average Daily Volume10 Day 341,280
Average Daily Volume3 Month 338,660
Average Volume 338,660
Average Volume10Days 341,280
Beta 0.531
Bid 20.19
Bid Size 1
Board Risk 3
Book Value 11.735
City Lake Forest
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 23.48
Current Ratio 1.822
Custom Price Alert Confidence HIGH
Date Short Interest 1,780,012,800
Day High 23.5
Day Low 23.48
Debt To Equity 53.302
Display Name Assertio
Earnings Call Timestamp End 1,773,693,000
Earnings Call Timestamp Start 1,773,693,000
Earnings Timestamp 1,773,691,200
Earnings Timestamp End 1,786,392,000
Earnings Timestamp Start 1,786,392,000
Ebitda 3,827,000
Ebitda Margins 0.03746
Enterprise To Ebitda 31.481
Enterprise To Revenue 1.179
Enterprise Value 120,475,984
Eps Current Year -1.24
Eps Forward 2.58
Eps Trailing Twelve Months -5.55
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 510 744 8001
Fifty Day Average 21.0778
Fifty Day Average Change 2.4021988
Fifty Day Average Change Percent 0.113968186
Fifty Two Week Change Percent 140.8205
Fifty Two Week High 23.5
Fifty Two Week High Change -0.020000458
Fifty Two Week High Change Percent -0.0008510833
Fifty Two Week Low 8.61
Fifty Two Week Low Change 14.87
Fifty Two Week Low Change Percent 1.7270616
Fifty Two Week Range 8.61 - 23.5
Financial Currency USD
First Trade Date Milliseconds 881,159,400,000
Float Shares 6,264,825
Forward Eps 2.58
Forward P E 9.100776
Free Cashflow 7,750,750
Full Exchange Name NasdaqCM
Full Time Employees 53
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,780,531,200
Gross Margins 0.70332
Gross Profits 71,850,000
Has Pre Post Market Data 1
Held Percent Insiders 0.01968
Held Percent Institutions 0.29304
Implied Shares Outstanding 6,462,180
Industry Drug Manufacturers - Specialty & Generic
Industry Disp Drug Manufacturers - Specialty & Generic
Industry Key drug-manufacturers-specialty-generic
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,766,707,200
Last Split Factor 1:15
Long Business Summary Assertio Holdings, Inc., a pharmaceutical company, provides various products to patients in the United States. Its pharmaceutical products include INDOCIN, an oral and suppository solution for the treatment of moderate to severe rheumatoid arthritis, including acute flares of chronic disease; ankylosing spondylitis and osteoarthritis; and acute painful shoulder and gouty arthritis. It also provides Sympazan, a benzodiazepine for the adjunctive treatment of seizures related with lennox-gastaut syndrome in patients aged two years of age or older; CAMBIA, a non steroidal anti inflammatory drug (NSAID) for the treatment of migraine pain, nausea, photophobia, and phonophobia; SPRIX, a NSAID for the short term management of moderate to moderately severe pain that requires analgesia at the opioid level; and ROLVEDON, a long-acting granulocyte colony-stimulating factor that is indicated to decrease the incidence of infection caused by febrile neutropenia. The company was formerly known as Assertio Therapeutics, Inc. and changed its name to Assertio Holdings, Inc. in May 2020. Assertio Holdings, Inc. was incorporated in 2020 and is headquartered in Lake Forest, Illinois.
Long Name Assertio Holdings, Inc.
Market us_market
Market Cap 151,731,984
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_363049
Most Recent Quarter 1,774,915,200
Net Income To Common -35,690,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 151,667,364
Number Of Analyst Opinions 3
Open 23.48
Operating Cashflow -7,081,000
Operating Margins -1.85946
Overall Risk 1
Payout Ratio 0.0
Peg Ratio 0.89
Phone 224 419 7106
Post Market Change -0.020000458
Post Market Change Percent -0.08518083
Post Market Price 23.46
Post Market Time 1,781,306,193
Previous Close 23.47
Price Eps Current Year -18.935484
Price Hint 2
Price To Book 2.000852
Price To Sales Trailing12 Months 1.4852678
Profit Margins -0.34936002
Quick Ratio 1.453
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0100002
Regular Market Change Percent 0.0426086
Regular Market Day High 23.5
Regular Market Day Low 23.48
Regular Market Day Range 23.48 - 23.5
Regular Market Open 23.48
Regular Market Previous Close 23.47
Regular Market Price 23.48
Regular Market Time 1,781,294,401
Regular Market Volume 485,056
Return On Assets -0.057129998
Return On Equity -0.38759
Revenue Growth -0.625
Revenue Per Share 15.92
Sand P52 Week Change 0.23177934
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 1
Shares Outstanding 6,462,180
Shares Percent Shares Out 0.051799998
Shares Short 334,922
Shares Short Previous Month Date 1,777,507,200
Shares Short Prior Month 289,282
Short Name Assertio Holdings, Inc.
Short Percent Of Float 0.0525
Short Ratio 0.71
Source Interval 15
State IL
Symbol ASRT
Target High Price 28.0
Target Low Price 21.8
Target Mean Price 24.43333
Target Median Price 23.5
Total Cash 71,569,000
Total Cash Per Share 11.075
Total Debt 40,313,000
Total Revenue 102,158,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -5.55
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 14.39195
Two Hundred Day Average Change 9.08805
Two Hundred Day Average Change Percent 0.6314676
Type Disp Equity
Volume 485,056
Website https://www.assertiotx.com
Zip 60,045