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About

Cumberland Pharmaceuticals Inc., a specialty pharmaceutical company, focuses on the acquisition, development, and commercialization of prescription products for hospital acute care, gastroenterology, and oncology in the United States and internationally. The company offers Acetadote, an injection for the treatment of acetaminophen poisoning; Caldolor, an injection for the treatment of pain and fever; Kristalose, a prescription laxative oral solution for the treatment of constipation; Sancuso, an injection for the prevention of nausea and vomiting for patients receiving chemotherapy treatment; Vaprisol, an injection for treating euvolemic and hypervolemic hyponatremia; and Vibativ, an injection for the treatment of certain bacterial infections, including hospital-acquired and ventilator-associated bacterial pneumonia, as well as complicated skin and skin structure infections. It also develops ifetroban, a product candidate that has completed Phase II clinical trials for the treatment of the cardiomyopathy associate with Duchenne muscular dystrophy, hepatorenal syndrome, portal hypertension, and aspirin-exacerbated respiratory disease; and is in Phase II clinical trial for the treatment of systemic sclerosis and idiopathic pulmonary fibrosis. Cumberland Pharmaceuticals Inc. was incorporated in 1999 and is headquartered in Nashville, Tennessee.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Drug Manufacturers - Spe Market Cap 58.64M
Enterprise Value 53.35M Income -3.33M Sales 41.28M
Book/sh 1.75 Cash/sh 1.02 Dividend Yield —
Payout 0.00% Employees 91 IPO —
P/E — Forward P/E 28.00 PEG —
P/S 1.42 P/B 2.25 P/C —
EV/EBITDA 39.91 EV/Sales 1.29 Quick Ratio 1.05
Current Ratio 1.23 Debt/Eq 39.68 LT Debt/Eq —
EPS (ttm) -0.24 EPS next Y 0.14 EPS Growth —
Revenue Growth -8.70% Earnings 2026-03-03 ROA -2.86%
ROE -13.28% ROIC — Gross Margin 84.49%
Oper. Margin -23.70% Profit Margin -8.06% Shs Outstand 14.96M
Shs Float 8.64M Short Float 0.87% Short Ratio 0.34
Short Interest — 52W High 7.25 52W Low 1.85
Beta -0.53 Avg Volume 205.56K Volume 93.88K
Target Price — Recom None Prev Close $3.84
Price $3.92 Change 2.08%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$3.92
Latest analyst target
3. DCF / Fair value
$6.86
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.92
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2019-12-03 main B. Riley Securities — → Buy $10
2019-11-18 main B. Riley Securities — → Buy $9
2018-08-17 main B. Riley Securities Buy → Buy $9
2018-04-17 init B. Riley Securities — → Buy $9
2013-04-10 main UBS — → Neutral $6
2012-11-12 main UBS — → Neutral $5
2012-11-09 down Wells Fargo Outperform → Market Perform —
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 270 799 — Purchase at price 2.24 - 4.32 per share. JONES JAMES R Director — 2025-12-31 00:00:00 D
1 66 202 — Purchase at price 2.24 - 4.32 per share. YOUNG CAROLINE R Director — 2025-12-31 00:00:00 D
2 1916 5653 — Purchase at price 2.24 - 4.32 per share. KROGULSKI KENNETH J Director — 2025-12-31 00:00:00 D
3 270 799 — Purchase at price 2.24 - 4.32 per share. KAZIMI A. J. Chief Executive Officer — 2025-12-31 00:00:00 D
4 302 664 — Purchase at price 1.96 - 2.82 per share. JONES JAMES R Director — 2025-11-28 00:00:00 D
5 75 170 — Purchase at price 1.96 - 2.82 per share. YOUNG CAROLINE R Director — 2025-11-28 00:00:00 D
6 2027 4420 — Purchase at price 1.96 - 2.82 per share. KROGULSKI KENNETH J Director — 2025-11-28 00:00:00 D
7 302 664 — Purchase at price 1.96 - 2.82 per share. KAZIMI A. J. Chief Executive Officer — 2025-11-28 00:00:00 D
8 299 1022 — Purchase at price 3.14 - 3.63 per share. JONES JAMES R Director — 2025-10-31 00:00:00 D
9 138 472 — Purchase at price 3.14 - 3.63 per share. YOUNG CAROLINE R Director — 2025-10-31 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems806.10172.58K128.38K0.00
TaxRateForCalcs0.000.210.210.27
NormalizedEBITDA-54.67K1.66M-278.41K-857.83K
TotalUnusualItems237.09K821.80K611.33K0.00
TotalUnusualItemsExcludingGoodwill237.09K821.80K611.33K0.00
NetIncomeFromContinuingOperationNetMinorityInterest-6.48M-6.28M-5.57M-5.50M
ReconciledDepreciation6.04M5.77M5.33M4.61M
ReconciledCostOfRevenue5.29M8.40M8.86M8.58M
EBITDA182.42K2.49M332.92K-857.83K
EBIT-5.86M-5.62M-5.00M-5.46M
NetInterestIncome-271.06K-381.01K-487.59K-71.95K
InterestExpense605.51K667.86K586.00K98.03K
InterestIncome334.44K286.85K98.41K26.08K
NormalizedIncome-6.72M-6.93M-6.05M-5.50M
NetIncomeFromContinuingAndDiscontinuedOperation-6.48M-6.28M-5.57M-3.51M
TotalExpenses44.30M49.11M47.72M43.66M
TotalOperatingIncomeAsReported-6.43M-9.55M-5.70M-7.68M
DilutedAverageShares14.06M14.30M14.56M14.90M
BasicAverageShares14.06M14.30M14.56M14.90M
DilutedEPS-0.46-0.44-0.38-0.24
BasicEPS-0.46-0.44-0.38-0.24
DilutedNIAvailtoComStockholders-6.48M-6.28M-5.57M-3.51M
NetIncomeCommonStockholders-6.48M-6.28M-5.57M-3.51M
NetIncome-6.48M-6.28M-5.57M-3.51M
MinorityInterests-36.05K51.45K79.80K95.21K
NetIncomeIncludingNoncontrollingInterests-6.44M-6.33M-5.65M-3.60M
NetIncomeDiscontinuousOperations0.001.99M
NetIncomeContinuousOperations-6.44M-6.33M-5.65M-5.60M
TaxProvision-22.67K45.77K68.85K34.89K
PretaxIncome-6.47M-6.28M-5.58M-5.56M
OtherIncomeExpense237.09K3.65M611.33K2.19M
OtherNonOperatingIncomeExpenses2.83M2.19M
SpecialIncomeCharges237.09K821.80K611.33K0.00
OtherSpecialCharges-237.09K-821.80K-611.33K
NetNonOperatingInterestIncomeExpense-271.06K-381.01K-487.59K-71.95K
InterestExpenseNonOperating605.51K667.86K586.00K98.03K
InterestIncomeNonOperating334.44K286.85K98.41K26.08K
OperatingIncome-6.43M-9.55M-5.70M-7.68M
OperatingExpense37.71M43.04M38.60M34.85M
DepreciationAmortizationDepletionIncomeStatement4.75M8.10M5.07M4.37M
DepreciationAndAmortizationInIncomeStatement4.75M8.10M5.07M4.37M
Amortization4.75M8.10M5.07M4.37M
AmortizationOfIntangiblesIncomeStatement4.75M8.10M5.07M4.37M
ResearchAndDevelopment4.82M5.83M6.69M5.68M
SellingGeneralAndAdministration28.15M29.10M26.84M24.80M
SellingAndMarketingExpense17.02M18.45M16.66M15.02M
GeneralAndAdministrativeExpense11.13M10.65M10.18M9.78M
OtherGandA11.13M10.65M10.18M9.78M
GrossProfit31.28M33.49M32.89M27.17M
CostOfRevenue6.59M6.07M9.12M8.81M
TotalRevenue37.87M39.55M42.01M35.99M
OperatingRevenue36.54M37.51M40.68M35.05M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber13.95M14.12M14.37M14.74M
ShareIssued13.95M14.12M14.37M14.74M
TotalDebt20.57M18.43M20.96M16.06M
TangibleBookValue3.97M6.08M4.76M17.98M
InvestedCapital38.13M42.39M52.47M57.81M
WorkingCapital4.83M7.73M17.29M26.41M
NetTangibleAssets3.97M6.08M4.76M17.98M
CapitalLeaseObligations5.30M5.64M4.76M1.06M
CommonStockEquity22.85M29.60M36.27M42.81M
TotalCapitalization33.03M42.39M52.47M57.81M
TotalEquityGrossMinorityInterest22.55M29.26M35.97M42.60M
MinorityInterest-307.52K-343.57K-292.13K-212.33K
StockholdersEquity22.85M29.60M36.27M42.81M
RetainedEarnings-23.97M-17.49M-11.21M-5.64M
CapitalStock46.82M47.09M47.47M48.45M
CommonStock46.82M47.09M47.47M48.45M
TotalLiabilitiesNetMinorityInterest53.04M52.52M56.95M41.86M
TotalNonCurrentLiabilitiesNetMinorityInterest21.42M24.53M28.37M22.58M
OtherNonCurrentLiabilities250.00K274.00K131.00K224.79K
NonCurrentAccruedExpenses2.88M3.28M4.93M3.83M
NonCurrentDeferredLiabilities3.17M2.89M2.52M3.43M
LongTermDebtAndCapitalLeaseObligation15.12M18.08M20.79M15.09M
LongTermCapitalLeaseObligation4.94M5.30M4.59M90.02K
LongTermDebt10.18M12.78M16.20M15.00M
CurrentLiabilities31.62M27.98M28.58M19.28M
OtherCurrentLiabilities8.77M9.37M11.52M4.62M
CurrentDeferredLiabilities207.06K220.40K614.55K0.00
CurrentDebtAndCapitalLeaseObligation5.46M348.09K172.91K969.68K
CurrentCapitalLeaseObligation356.51K348.09K172.91K969.68K
CurrentDebt5.10M
OtherCurrentBorrowings5.10M
LineOfCredit0.00
PensionandOtherPostRetirementBenefitPlansCurrent1.20M1.20M1.44M1.34M
PayablesAndAccruedExpenses15.99M16.85M14.84M12.34M
CurrentAccruedExpenses2.07M2.81M4.02M2.70M
Payables13.91M14.04M10.82M9.64M
AccountsPayable13.91M14.04M10.82M9.64M
TotalAssets75.58M81.78M92.93M84.46M
TotalNonCurrentAssets39.13M46.06M47.05M38.77M
OtherNonCurrentAssets13.79M15.50M10.05M12.47M
GoodwillAndOtherIntangibleAssets18.89M23.52M31.50M24.84M
OtherIntangibleAssets17.97M22.61M30.59M23.95M
Goodwill914.00K914.00K914.00K882.00K
NetPPE6.45M7.04M5.50M1.47M
AccumulatedDepreciation-2.39M-2.24M-2.09M-3.79M
GrossPPE8.85M9.28M7.59M5.26M
Leases7.00M7.48M6.01M2.45M
MachineryFurnitureEquipment1.84M1.81M1.58M2.81M
BuildingsAndImprovements1.02M
Properties0.000.000.000.00
CurrentAssets36.45M35.71M45.87M45.69M
OtherCurrentAssets2.79M3.03M3.08M3.34M
PrepaidAssets3.34M
Inventory4.00M4.61M9.86M8.43M
InventoriesAdjustmentsAllowances-11.01M-12.80M-7.53M-9.05M
OtherInventories126.09K149.70K168.92K164.38K
FinishedGoods2.90M4.65M4.32M4.94M
RawMaterials11.98M12.62M12.90M12.37M
Receivables11.70M9.76M13.16M6.88M
AccountsReceivable11.70M9.76M13.16M6.88M
AllowanceForDoubtfulAccountsReceivable-1.10M-600.00K-600.00K-300.00K
GrossAccountsReceivable12.80M10.36M13.76M7.18M
CashCashEquivalentsAndShortTermInvestments17.96M18.32M19.76M27.04M
CashAndCashEquivalents17.96M18.32M19.76M27.04M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-791.90K5.64M6.38M5.99M
RepurchaseOfCapitalStock-579.05K-740.53K-1.05M-1.39M
RepaymentOfDebt-36.00M-34.89M-51.70M-59.00M
IssuanceOfDebt38.49M31.48M52.90M59.00M
CapitalExpenditure-179.71K-453.05K-2.07M-354.46K
InterestPaidSupplementalData569.23K647.14K523.16K63.98K
IncomeTaxPaidSupplementalData15.00K108.82K3.30K
EndCashPosition17.96M18.32M19.76M27.04M
BeginningCashPosition18.32M19.76M27.04M24.75M
ChangesInCash-357.44K-1.44M-7.28M2.29M
FinancingCashFlow196.90K-7.42M-2.06M-3.55M
CashFlowFromContinuingFinancingActivities196.90K-7.42M-2.06M-3.55M
NetOtherFinancingCharges-1.72M-3.27M-2.21M-2.17M
NetCommonStockIssuance-579.05K-740.53K-1.05M-1.39M
CommonStockPayments-579.05K-740.53K-1.05M-1.39M
NetIssuancePaymentsOfDebt2.49M-3.42M1.20M0.00
NetShortTermDebtIssuance0.00
ShortTermDebtPayments-59.00M
ShortTermDebtIssuance59.00M
NetLongTermDebtIssuance2.49M-3.42M1.20M0.00
LongTermDebtPayments-36.00M-34.89M-51.70M-59.00M
LongTermDebtIssuance38.49M31.48M52.90M59.00M
InvestingCashFlow57.84K-105.69K-13.67M-501.89K
CashFlowFromContinuingInvestingActivities57.84K-105.69K-13.67M-501.89K
NetOtherInvestingChanges237.56K347.36K1.90M52.57K
NetInvestmentPurchaseAndSale0.00-200.00K
SaleOfInvestment0.00
PurchaseOfInvestment0.00-200.00K
NetBusinessPurchaseAndSale0.00-13.50M0.00
PurchaseOfBusiness0.00-13.50M0.00
NetIntangiblesPurchaseAndSale-113.25K-171.78K-1.97M-250.93K
PurchaseOfIntangibles-113.25K-171.78K-1.97M-250.93K
NetPPEPurchaseAndSale-66.46K-281.27K-102.15K-103.53K
PurchaseOfPPE-66.46K-281.27K-102.15K-103.53K
OperatingCashFlow-612.19K6.09M8.45M6.34M
CashFromDiscontinuedOperatingActivities0.001.99M
CashFlowFromContinuingOperatingActivities-612.19K6.09M8.45M4.35M
ChangeInWorkingCapital1.29M4.63M10.44M8.18M
ChangeInOtherCurrentLiabilities-1.15M-2.54M419.66K-1.34M
ChangeInOtherCurrentAssets189.11K65.68K689.26K-35.57K
ChangeInPayablesAndAccruedExpense1.78M3.72M14.54M-757.59K
ChangeInPayable1.78M3.72M14.54M-757.59K
ChangeInAccountPayable1.78M3.72M14.54M-757.59K
ChangeInInventory2.41M-23.14K911.08K4.82M
ChangeInReceivables-1.94M3.40M-6.12M5.50M
ChangesInAccountReceivables-1.94M3.40M-6.12M5.50M
OtherNonCashItems-1.81M-1.71M-2.11M-3.39M
StockBasedCompensation301.89K365.04K447.50K741.87K
AssetImpairmentCharge0.003.34M0.00
DeferredTax0.000.00
DeferredIncomeTax0.000.00
DepreciationAmortizationDepletion6.04M5.77M5.33M4.61M
DepreciationAndAmortization6.04M5.77M5.33M4.61M
AmortizationCashFlow5.07M4.37M
AmortizationOfIntangibles5.07M4.37M
Depreciation6.04M5.77M5.33M235.07K
OperatingGainsLosses2.69K20.26K-2.19M
NetIncomeFromContinuingOperations-6.44M-6.33M-5.65M-3.60M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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