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BioMarin Pharmaceutical (BMRN) Stock Price, News & Analysis

$84.08
-1.04 (-1.22%)
(As of 09/6/2024 ET)
Today's Range
$83.73
$86.04
50-Day Range
$80.47
$93.84
52-Week Range
$73.68
$99.56
Volume
1.58 million shs
Average Volume
1.84 million shs
Market Capitalization
$15.97 billion
P/E Ratio
78.58
Dividend Yield
N/A
Price Target
$106.10

BioMarin Pharmaceutical MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
26.2% Upside
$106.10 Price Target
Short Interest
Healthy
3.50% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.93
Upright™ Environmental Score
News Sentiment
0.54mentions of BioMarin Pharmaceutical in the last 14 days
Based on 36 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
31.91%
From $2.35 to $3.10 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.

4.95 out of 5 stars

Medical Sector

10th out of 910 stocks

Pharmaceutical Preparations Industry

4th out of 426 stocks

BMRN stock logo

About BioMarin Pharmaceutical Stock (NASDAQ:BMRN)

BioMarin Pharmaceutical Inc. develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its commercial products include Vimizim, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with MPS VI; and Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria (PKU), an inherited metabolic disease. The company's commercial products also comprise Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme, which is delivered through subcutaneous injection to reduce blood Phe concentrations; Brineura, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; Voxzogo, a once daily injection analog of c-type natriuretic peptide for the treatment of achondroplasia; and Aldurazyme, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase. In addition, it develops Roctavian, an adeno associated virus vector, for the treatment of patients with severe hemophilia A. The company serves specialty pharmacies, hospitals, and non-U.S. government agencies, as well as distributors and pharmaceutical wholesalers in the United States, Europe, Latin America, and internationally. BioMarin Pharmaceutical Inc. has license and collaboration agreements with Sarepta Therapeutics, Ares Trading S.A., Catalyst Pharmaceutical Partners, Inc. The company was incorporated in 1996 and is headquartered in San Rafael, California.

BMRN Stock Price History

BMRN Stock News Headlines

BioMarin Pharmaceutical (NASDAQ:BMRN) PT Raised to $95.00
BioMarin Pharmaceutical (NASDAQ:BMRN) PT Raised to $122.00 at Piper Sandler
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
BioMarin Pharmaceutical (NASDAQ:BMRN) Price Target Cut to $118.00
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
BioMarin Pharmaceutical (BMRN) Gets a Buy from Truist Financial
See More Headlines
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Company Calendar

Last Earnings
8/05/2024
Today
9/07/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:BMRN
CUSIP
09061G10
Employees
3,401
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$106.10
High Stock Price Target
$122.00
Low Stock Price Target
$72.00
Potential Upside/Downside
+26.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
23 Analysts

Profitability

Net Income
$167.65 million
Pretax Margin
11.54%

Debt

Sales & Book Value

Annual Sales
$2.59 billion
Cash Flow
$1.65 per share
Book Value
$27.84 per share

Miscellaneous

Free Float
186,367,000
Market Cap
$15.97 billion
Optionable
Optionable
Beta
0.32

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Key Executives


BMRN Stock Analysis - Frequently Asked Questions

How have BMRN shares performed this year?

BioMarin Pharmaceutical's stock was trading at $96.42 at the start of the year. Since then, BMRN shares have decreased by 12.8% and is now trading at $84.08.
View the best growth stocks for 2024 here
.

How were BioMarin Pharmaceutical's earnings last quarter?

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) issued its quarterly earnings results on Monday, August, 5th. The biotechnology company reported $0.77 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.39. The biotechnology company had revenue of $712.03 million for the quarter, compared to analysts' expectations of $660.51 million. BioMarin Pharmaceutical had a trailing twelve-month return on equity of 6.91% and a net margin of 9.91%.

What is Jean-Jacques Bienaimé's approval rating as BioMarin Pharmaceutical's CEO?

228 employees have rated BioMarin Pharmaceutical Chief Executive Officer Jean-Jacques Bienaimé on Glassdoor.com. Jean-Jacques Bienaimé has an approval rating of 94% among the company's employees. This puts Jean-Jacques Bienaimé in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 83.0% of employees surveyed would recommend working at BioMarin Pharmaceutical to a friend.

Who are BioMarin Pharmaceutical's major shareholders?

BioMarin Pharmaceutical's top institutional shareholders include Primecap Management Co. CA (9.90%), Avoro Capital Advisors LLC (2.40%), Dimensional Fund Advisors LP (0.54%) and DNB Asset Management AS (0.54%). Insiders that own company stock include Jean Jacques Bienaime, Henry J Fuchs, Richard A Meier, Jeffrey Robert Ajer, Brian Mueller, George Eric Davis, Charles Greg Guyer, V Bryan Lawlis, Erin Burkhart, Mark J Alles and Dennis Slamon.
View institutional ownership trends
.

How do I buy shares of BioMarin Pharmaceutical?

Shares of BMRN 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 BioMarin Pharmaceutical own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BioMarin Pharmaceutical investors own include Puma Biotechnology (PBYI), (MDVN) (MDVN), Incyte (INCY), First Solar (FSLR), United Airlines (UAL), Dynavax Technologies (DVAX) and Micron Technology (MU).

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

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