Positive context积极背景
Stocks股票 / Health Care / SUPN
Supernus Pharmaceuticals, Inc. · Health Care
SUPN US listed · USD美股 · 美元
Mid cap中盘 · $3B
Health Care
S&P 600标普600小盘Russell 2000罗素2000
Speculative / unprofitable投机／未盈利
$47.15
-$0.72 · -1.50%
52w low52周低 $41.23high高 $57.78
Extended — wait for a pullback过度拉伸 — 等待回撤
The low is already in and price has run. Wait for a pullback; hold if you're long.低点已经形成、价格已经拉升。等待回调再入场；若已持有可继续持有。
Live实时
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-08-14
Momentum (RSI 14)动量（RSI 14）
51
Neutral zone中性区域
vs 50-day average相对50日均线
+1.8% above上方
Uptrend intact趋势完好
vs 200-day average相对200日均线
-3.5% below下方
Long trend down长期向下
Volatility波动率
85th percentile第85百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Valuation估值
Roughly fair vs sector相对行业估值合理| Multiple指标 | SUPN | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/B市净率 | 2.55x | 3.54 | |
| P/S市销率 | 3.77x | 3.20 | |
| Earnings yield盈利收益率 | -1.42% | 2.51 | |
| FCF yield自由现金流收益率 | 1.70% | 4.00 | |
| EV/EBITDA企业价值/EBITDA | 88.14x | 19.05 | |
| P/FCF市值/自由现金流 | 58.90x | 22.49 |
"Cheaper than" = share of sector peers trading richer on that multiple.「相对便宜」= 行业中该指标估值更高的同行占比。
Financials财务数据
fiscal years财年Revenue营业收入
$719.0M2025
20192025
5-yr growth5年复合增速 12.9%
Earnings per share每股收益
$-0.682025
20192025
Free cash flow自由现金流
$46.0M2025
20192025
Operating margin营业利润率
-8.7%
Net margin净利率
-5.4%
FCF margin自由现金流利润率
6.6%
Balance-sheet quality财务体质 4/8
Bankruptcy risk: safe zone破产风险：安全区
Return on equity股本回报率 -4%
Warning警示
Leverage杠杆
Net debt / EBITDA净债务/EBITDA-4.39
Current ratio流动比率1.90
Capital allocation资本配置
Stock-based comp股权薪酬$33.1M
Share count change (1y)股数变化（1年）+3.1%
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Long-duration name into a restrictive, rising-real-rate regime → rate headwind.长久期标的进入偏紧、实际利率上行的环境→利率逆风。
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
SUPN daily MACD crossed upSUPN 日线MACD上穿
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$9.2M net (0 buyers, 7 sellers)-$9.2M 净值（0 买家，7 卖家）
Signal history信号历史
engine events引擎事件
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
TAKE PROFITS. A daily bottoming setup did fire (swing low in, momentum turned up), but it's LATE — price is already extended above the cycle low (formed ~7 day(s) ago @ 43.25) and momentum is fading — the daily momentum is already rolling over. A momentum cross is a LAGGING confirmation: after a vertical run it only triggers once the move is mature, so the bottoming entry has already passed. This is a chase, not a fresh buy. Last cycle was left-translated (topped early) — a bearish structural tell止盈。日线筑底形态确实已经触发（摆动低点出现、动量转向上行），但为时已晚——价格已显著高于周期低点（约 7 天前形成 @ 43.25）且动量正在衰竭——日线动量已开始掉头向下。动量交叉属于滞后确认：在垂直拉升之后，只有当走势已经成熟时才会触发，因此筑底入场早已错过。这是追高，而非新的买入。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Aug 7, 2026
SUPN daily MACD crossed upSUPN 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $47.64.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$47.64。
Aug 6, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Aug 5, 2026
SUPN StochRSI turned up from oversoldSUPN StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $46.91.StochRSI重回20上方 — 下行动量趋缓的最早预警。$46.91。
Aug 4, 2026
SUPN broke down vs the marketSUPN 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $43.25.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$43.25。
Jul 31, 2026
BOTTOMING → NEARING A LOW筑底中 → 接近低点
GET READY准备
Jul 31, 2026
SUPN broke down vs the marketSUPN 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $44.63.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$44.63。
Jul 29, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Jul 28, 2026
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
TAKE PROFITS止盈
Jul 28, 2026
SUPN StochRSI turned up from oversoldSUPN StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $47.73.StochRSI重回20上方 — 下行动量趋缓的最早预警。$47.73。
Showing the last 15 of显示最近15条，共 260 signals条信号
Company profile公司档案
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Value价值
Below market低于市场
Quality质量
Below market低于市场
Investment资本投入
Below market低于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Below market低于市场
Earnings quality盈利质量
Below market低于市场
Short interest空头兴趣
Above market高于市场
Watch items — what could change the story关注项 — 可能改变故事的因素
- Receivables stretch
- Inventory build
- Capital intensity rising
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Valuation vs sector估值对比行业
| Multiple指标 | This stock本股 | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| Price / Book市净率 | 2.5× | 3.5× | 68% |
| Price / Sales市销率 | 3.8× | 3.2× | 42% |
| EV / EBITDAEV/EBITDA | 88.1× | 19.1× | 3% |
| Earnings yield盈利收益率 | -1.4% | 2.5% | 18% |
| Free-cash-flow yield自由现金流收益率 | 1.8% | 5.3% | 16% |
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
72/100 — stronger than most强于多数
vs market, 3 months相对大盘（3个月）
16/100 — weaker than most弱于多数
vs market, 6 months相对大盘（6个月）
22/100 — weaker than most弱于多数
vs market, 12 months相对大盘（12个月）
46/100 — middle of the pack居中
Rank in sector行业内排名
#46 / 172
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | +0.8% | +1.2% |
| 1 Month近1月 | +1.1% | +3.5% |
| 3 Months近3月 | -4.6% | +5.2% |
| 6 Months近6月 | -7.3% | +14.4% |
| Year to date年初至今 | -4.7% | +14.2% |
| 1 Year近1年 | +10.6% | +21.6% |
| 3 Years近3年 | +50.3% | +79.7% |
Trading information交易信息
Beta vs market贝塔
0.49
Volatility rank波动率分位
85th pctile
Short interest空头占比
8.4% of float
Market cap市值
$3B
EPS (trailing)每股收益
$-0.67
Off 52-week high距52周高点
-17.3%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20192019 | 20202020 | 20212021 | 20222022 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $393M | $520M | $580M | $667M | $662M | $719M |
| EPS每股收益 | $2.10 | $2.36 | $0.98 | $1.04 | $1.32 | $-0.68 |
| Free cash flow自由现金流 | $140M | $135M | — | — | $171M | $46M |
| Gross margin毛利率 | 95.8% | 89.9% | — | — | 88.2% | 89.6% |
| Net margin净利率 | 28.8% | 24.4% | 9.2% | 9.1% | 11.2% | -5.4% |
| FCF margin自由现金流利润率 | 35.7% | 25.9% | — | — | 25.9% | 6.4% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$719M
Net income净利润
$-39M
Operating cash flow经营现金流
$47M
Total assets总资产
$1.5B
Shareholder equity股东权益
$1.1B
Shares outstanding总股本
0.06B
Returns & growth回报与增长
Return on equity股本回报率
-3.6%
Return on assets资产回报率
-2.7%
Profit growth利润增速
-152.2%
Asset growth资产增速
+6.2%
Accounting quality checks会计质量检查
- Earnings quality: earnings cash-backed盈利质量：盈利有现金支撑
- Working capital: inventory +322% vs sales +83%; receivables +115% vs sales +83% — demand & revenue-quality risk营运资本：存货 +322% 对销售 +83%；应收 +115% 对销售 +83%——需求与营收质量风险
- Pricing power: gross margin −6.2pts over 4 years定价能力：毛利率 4 年下降 6.2 个百分点
- Capital discipline: share count +9.4% over 6 years (dilution)资本纪律：股本 6 年增加 9.4%（稀释）
- Balance sheet: Altman Z 5.26 — safe zone资产负债表：Altman Z 5.26——安全区
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
51
RSI (2-day)RSI（2日）
41
vs 20-day average相对20日均线
+0.9%
vs 50-day average相对50日均线
+1.8%
vs 200-day average相对200日均线
-3.5%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
above signal位于信号线上方
Timeframe alignment多周期共振
Daily日线
momentum up动能向上
3-day3日线
momentum up — fresh upturn动能向上——刚刚转强
Weekly周线
momentum down — turning up soon动能向下——接近转强
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range state波幅状态
expanding — range opening up扩张中 — 波幅放大
Range width percentile波幅宽度分位
35/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Estimate revisions预期修正
Estimate change, 90 days预期变化（90天）
+9.7%
Net upgrades, 30 days净上调（30天）
+0
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$9.2M
Insider buyers vs sellers内部人买家vs卖家
0 : 7
Short interest空头占流通盘
8.4%
Days to cover回补天数
9.5
Short interest change空头变化
-0.7%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
Aug · 100%
Weakest month最弱月份
Apr · 0%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 33% | -3.0% | 3 |
| Feb2月 | 67% | +7.7% | 3 |
| Mar3月 | 67% | +2.3% | 3 |
| Apr4月 | 0% | -7.1% | 3 |
| May5月 | 0% | -3.4% | 3 |
| Jun6月 | 33% | -0.4% | 3 |
| Jul7月 | 75% | +11.1% | 4 |
| Aug8月 | 100% | +17.7% | 4 |
| Sep9月 | 33% | -11.6% | 3 |
| Oct10月 | 67% | +9.1% | 3 |
| Nov11月 | 67% | +7.8% | 3 |
| Dec12月 | 67% | +6.4% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。