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argenx (ARGX) Stock Price, News & Analysis

$542.00
-6.49 (-1.18%)
(As of 09/6/2024 ET)
Today's Range
$537.28
$547.35
50-Day Range
$434.22
$548.49
52-Week Range
$327.73
$552.83
Volume
548,884 shs
Average Volume
325,558 shs
Market Capitalization
$32.21 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$547.74

argenx MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
1.1% Upside
$547.74 Price Target
Short Interest
Healthy
2.96% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.04mentions of argenx in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.37) to $5.46 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.51 out of 5 stars

Medical Sector

655th out of 910 stocks

Biological Products, Except Diagnostic Industry

105th out of 155 stocks

ARGX stock logo

About argenx Stock (NASDAQ:ARGX)

argenx SE, a biotechnology company, engages in the developing of various therapies for the treatment of autoimmune diseases in the United States, Japan, Europe, Middle East, Africa, and China. Its lead product candidate is efgartigimod for the treatment of patients with myasthenia gravis, immune thrombocytopenia, pemphigus vulgaris, generalized myasthenia gravis, chronic inflammatory demyelinating polyneuropathy, thyroid eye disease, bullous pemphigoid, myositis, primary sjögren's syndrome, post-covid postural orthostatic tachycardia syndrome, membranous nephropathy, lupus nephropathy, anca-associated vasculitis, and antibody mediated rejection; ENHANZE SC; Empasiprubart for multifocal motor neuropath, delayed graft function, and dermatomyositis; and ARGX-119 for congenital myasthenic syndrome and amyotrophic lateral sclerosis. The company is developing ARGX-213 targets FcRn; ARGX-121 and ARGX-220 targets immune system; ARGX-109 targets IL-6; ARGX-118 for inflammation; and ARGX-109, as well as cusatuzumab, ARGX-112, ARGX-114, and ARGX-115. It owns VYVGART; VYVGART HYTRULO; VYVDURA; ARGENX; ABDEG; NHANCE; SIMPLE ANTIBODY; and ARGENXMEDHUB. The company has strategic partnership with AbbVie S.À.R.L., Zai Lab Limited, and LEO Pharma A/S; and collaboration and license agreement with Genor Biopharma Co. Ltd, Université Catholique de Louvain, Sopartec S.A., NYU Langone Health, Leiden University Medical Center, AgomAb Therapeutics NV, Broteio Pharma B.V., VIB vzw, University of Texas, BioWa, Inc., and Shire International GmbH. It has collaboration agreement with Genmab A/S to discover, develop, and commercialize novel therapeutic antibodies with applications in immunology and oncology, as well as a strategic collaboration with IQVIA Holdings Inc. to provide safety systems and services. argenx SE was incorporated in 2008 and is based in Amsterdam, the Netherlands.

ARGX Stock Price History

ARGX Stock News Headlines

argenx (NASDAQ:ARGX) Price Target Raised to $640.00
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
argenx to Present at Upcoming Investor Conferences
NVCR Jan 2025 115.000 put
ARGX Dec 2025 600.000 put (ARGX251219P00600000)
ARGX Sep 2024 390.000 call (ARGX240920C00390000)
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
ARGX Sep 2024 420.000 put (ARGX240920P00420000)
Biotech stocks: Which drugmakers are worth a buy?
Truist Financial Keeps Their Buy Rating on Argenx Se (ARGX)
argenx SE (ARGX) Q2 2024 Earnings Call Transcript
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
9/07/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:ARGX
Fax
N/A
Employees
1,148
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$547.74
High Stock Price Target
$641.00
Low Stock Price Target
$408.00
Potential Upside/Downside
+1.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
22 Analysts

Profitability

Net Income
$-295,050,000.00
Pretax Margin
-24.00%

Debt

Sales & Book Value

Annual Sales
$1.62 billion
Book Value
$71.28 per share

Miscellaneous

Free Float
57,987,000
Market Cap
$32.21 billion
Optionable
Optionable
Beta
0.64
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Key Executives

  • Mr. Timothy Van Hauwermeiren EMBA (Age 52)
    M.Sc., CEO & Executive Director
    Comp: $1.29M
  • Mr. Karl Gubitz (Age 54)
    Chief Financial Officer
    Comp: $843.26k
  • Ms. Karen Massey (Age 45)
    Chief Operating Officer
    Comp: $1.42M
  • Mr. Filip Borgions
    VP & Global Head of Technical Operations
  • Mr. Peter Ulrichts (Age 44)
    Chief Scientific Officer
  • Ms. Beth DelGiacco
    VP and Global Head of Corporate Communications & Investor Relations
  • Ms. Malini Moorthy (Age 54)
    General Counsel
  • Mr. Arjen Lemmen M.Sc. (Age 39)
    Vice President of Corporate Development & Strategy
  • Mr. Marc Schorpion (Age 65)
    Global Head of Human Resources
  • Ms. Andria Wilk (Age 50)
    Global Head of Quality

Should I Buy argenx Stock? ARGX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in argenx SE:

  • argenx has a strong pipeline of promising therapies targeting various autoimmune diseases, indicating potential for significant revenue growth in the future.
  • The recent price target increase by JPMorgan Chase & Co. to $640.00 suggests positive sentiment and potential upside in the stock.
  • Positive analyst ratings, with a majority of analysts assigning buy or strong buy ratings to the company, indicating confidence in its future performance.
  • argenx's lead product candidate, efgartigimod, has shown promise in treating multiple autoimmune conditions, highlighting the company's innovative approach to addressing unmet medical needs.
  • With institutional investors and hedge funds owning a significant portion of the company's stock, there is a level of confidence in argenx's long-term growth prospects.

Cons

Investors should be bearish about investing in argenx SE for these reasons:

  • The stock price of argenx has been volatile, with fluctuations in the market impacting short-term returns and potentially causing uncertainty among investors.
  • Biotechnology investments can be high-risk due to the nature of drug development, regulatory hurdles, and potential setbacks in clinical trials, which may lead to financial losses.
  • Competition in the biopharmaceutical industry is intense, with other companies also developing treatments for autoimmune diseases, posing a challenge to argenx's market share and profitability.
  • Market conditions and regulatory changes can significantly impact the valuation and performance of biotech stocks like argenx, making them susceptible to external factors beyond the company's control.
  • Investing in biotech companies requires a thorough understanding of the industry, including scientific advancements, regulatory processes, and market dynamics, which may be complex for some investors to navigate effectively.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these argenx pros and cons to contact@marketbeat.com.

ARGX Stock Analysis - Frequently Asked Questions

How have ARGX shares performed this year?

argenx's stock was trading at $380.43 at the start of the year. Since then, ARGX shares have increased by 42.5% and is now trading at $542.00.
View the best growth stocks for 2024 here
.

How were argenx's earnings last quarter?

argenx SE (NASDAQ:ARGX) issued its quarterly earnings data on Thursday, July, 25th. The company reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of ($0.89) by $1.34. The firm earned $489.43 million during the quarter, compared to analyst estimates of $436.66 million. argenx had a negative trailing twelve-month return on equity of 7.33% and a negative net margin of 12.31%.

When did argenx IPO?

argenx (ARGX) raised $65 million in an IPO on Thursday, May 18th 2017. The company issued 3,600,000 shares at $18.18 per share. Cowen and Company and Piper Jaffray served as the underwriters for the IPO and JMP Securities and Wedbush PacGrow were co-managers.

Who are argenx's major shareholders?

Top institutional investors of argenx include Clearbridge Investments LLC (1.04%), Sei Investments Co. (0.64%), Federated Hermes Inc. (0.43%) and American Century Companies Inc. (0.43%).

How do I buy shares of argenx?

Shares of ARGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of argenx own?

Based on aggregate information from My MarketBeat watchlists, some other companies that argenx investors own include Galapagos (GLPG), Kohl's (KSS), AcelRx Pharmaceuticals (ACRX), Gilead Sciences (GILD), Neurocrine Biosciences (NBIX), Pfizer (PFE) and CRISPR Therapeutics (CRSP).

This page (NASDAQ:ARGX) was last updated on 9/7/2024 by MarketBeat.com Staff

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