HUTCHMED (HCM) Stock Price, News & Analysis

Company Overview

HUTCHMED (China) Limited, together with its subsidiaries, discovers, develops, and commercializes targeted therapeutics and immunotherapies for cancer and immunological diseases in Hong Kong and internationally. The company develops Savolitinib for the treatment of non-small cell lung cancer (NSCLC), papillary renal cell carcinoma (RCC), and gastric cancer (GC); and Fruquintinib, an inhibitor for colorectal cancer (CRC), breast cancer, gastric cancer, microsatellite stable-CRC endometrial cancer (EMC), NSCLC, RCC, gastrointestinal, cervical, and solid tumors. It also develops Surufatinib, which is used for the treatment of pancreatic neuroendocrine tumor (NET), non-pancreatic NET, neuroendocrine carcinoma, SCLC, biliary tract cancer, and solid tumors; and Sovleplenib that treats hematological cancers and certain chronic immune diseases. In addition, it develops Tazemetostat for the treatment of certain epithelioid sarcoma and follicular lymphoma patients; HMPL-306, an inhibitor for hematological malignancies, gliomas, chondrosarcomas, cholangiocarcinomas, and solid tumors; HMPL-760, a Bruton's tyrosine kinase inhibitor; HMPL-453 for intrahepatic cholangiocarcinoma and solid tumors; HMPL-295 and HMPL-415 for solid tumors; HMPL-653 for metastatic solid tumors and tenosynovial giant cell tumors; and HMPL-A83 for the treatment of malignant neoplasms. It has collaboration agreements with AstraZeneca AB (publ), Lilly (Shanghai) Management Company Limited, Takeda, BeiGene Ltd., Inmagene Biopharmaceuticals Co. Ltd., Innovent Biologics Co., Inc., Genor Biopharma Co. Ltd., Shanghai Junshi Biosciences Co. Ltd., and Epizyme, Inc. The company was formerly known as Hutchison China MediTech Limited and changed its name to HUTCHMED (China) Limited in May 2021. HUTCHMED (China) Limited was incorporated in 2000 and is headquartered in Hong Kong, Hong Kong.

Key Stats

• Today's Range: $17.90 to $18.40
• 50-Day Range: $16.03 to $21.35
• 52-Week Range: $11.93 to $21.92
• Volume: 30,424 shs
• Average Volume: 120,304 shs
• Market Capitalization: $3.18 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $20.55
• Consensus Rating: Moderate Buy

HUTCHMED Stock Analysis - MarketRank™

HUTCHMED scored higher than 24% of companies evaluated by MarketBeat, and ranked 825th out of 968 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

HUTCHMED has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

HUTCHMED has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for HUTCHMED are expected to grow in the coming year, from ($0.15) to $0.36 per share.

Price to Book Value per Share Ratio

HUTCHMED has a P/B Ratio of 3.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.33% of the outstanding shares of HUTCHMED have been sold short.

Short Interest Ratio / Days to Cover

HUTCHMED has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in HUTCHMED has recently decreased by 16.26%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

HUTCHMED does not currently pay a dividend.

Dividend Growth

HUTCHMED does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.33% of the outstanding shares of HUTCHMED have been sold short.

Short Interest Ratio / Days to Cover

HUTCHMED has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in HUTCHMED has recently decreased by 16.26%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.9 / 5
• News Sentiment: -0.35

News Sentiment

HUTCHMED has a news sentiment score of -0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.35 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for HUTCHMED this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, HUTCHMED insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.60% of the stock of HUTCHMED is held by insiders.

Percentage Held by Institutions

Only 8.82% of the stock of HUTCHMED is held by institutions.

HCM Stock Analysis - Frequently Asked Questions

How have HCM shares performed this year?

HUTCHMED's stock was trading at $18.11 on January 1st, 2024. Since then, HCM shares have decreased by 7.5% and is now trading at $16.75.
View the best growth stocks for 2024 here.

When did HUTCHMED IPO?

HUTCHMED (HCM) raised $100 million in an initial public offering (IPO) on Thursday, March 17th 2016. The company issued 6,100,000 shares at $16.33 per share. BofA Merrill Lynch and Deutsche Bank Securities served as the underwriters for the IPO and Stifel, Canaccord Genuity, Panmure Gordon and CITIC CLSA were co-managers.

Who are HUTCHMED's major shareholders?

HUTCHMED's top institutional investors include State Street Corp (0.20%), M&G PLC (0.15%), Jane Street Group LLC (0.04%) and Hennion & Walsh Asset Management Inc. (0.04%).

How do I buy shares of HUTCHMED?

Shares of HCM 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 HUTCHMED own?

Based on aggregate information from My MarketBeat watchlists, some other companies that HUTCHMED investors own include NVIDIA (NVDA), Broadcom (AVGO), Adobe (ADBE), Meta Platforms (META), Arista Networks (ANET), General Electric (GE) and ServiceNow (NOW).

Company Calendar

• Today: 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:HCM
• CUSIP: N/A
• CIK: 1648257
• Web: www.chi-med.com
• Phone: 852-2121-3888
• Fax: 852-2128-1778
• Employees: 1,988
• Year Founded: 2000

Price Target and Rating

• Average Stock Price Target: $20.55
• High Stock Price Target: $22.10
• Low Stock Price Target: $19.00
• Potential Upside/Downside: +22.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 2.81
• Quick Ratio: 2.68

Sales & Book Value

• Annual Sales: $838 million
• Price / Sales: 3.48
• Cash Flow: $0.63 per share
• Price / Cash Flow: 26.76
• Book Value: $4.27 per share
• Price / Book: 3.92

Miscellaneous

• Outstanding Shares: 174,310,000
• Free Float: 168,037,000
• Market Cap: $2.92 billion
• Optionable: Not Optionable
• Beta: 0.85