HUTCHMED (HCM) Stock Price, News & Analysis

Company Overview

HUTCHMED (China) Ltd. is a holding company, which engages in the research and development, manufacture, and sale of pharmaceuticals and health-oriented consumer products. It operates through the Oncology/Immunology and Other Ventures segments. The Oncology/Immunology segment includes the discovery, development, and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. The Other Ventures segment involves the other commercial businesses which include the sales, marketing, manufacture, and distribution of prescription drugs and healthcare products. The company was founded on December 18, 2000 and is headquartered in Hong Kong.

Key Stats

• Today's Range: $14.00 to $14.56
• 50-Day Range: $14.31 to $21.35
• 52-Week Range: $11.93 to $21.92
• Volume: 81,471 shs
• Average Volume: 116,306 shs
• Market Capitalization: $2.49 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $19.00
• Consensus Rating: Moderate Buy

HUTCHMED Stock Analysis - MarketRank™

HUTCHMED scored higher than 52% of companies evaluated by MarketBeat, and ranked 534th out of 944 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: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

HUTCHMED has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 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: 1.9 / 5
• Proj. Earnings Growth: 1,080.00%

Earnings Growth

Earnings for HUTCHMED are expected to grow by 1,080.00% in the coming year, from $0.05 to $0.59 per share.

Price to Book Value per Share Ratio

HUTCHMED has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.29% 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 5.5.

Change versus previous month

Short interest in HUTCHMED has recently decreased by 4.28%, indicating that investor sentiment is improving.

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

0.29% 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 5.5.

Change versus previous month

Short interest in HUTCHMED has recently decreased by 4.28%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

HUTCHMED has a news sentiment score of 1.05. 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 higher news sentiment than the 0.60 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 1 news article 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 at the beginning of 2024. Since then, HCM stock has decreased by 21.0% and is now trading at $14.31.
View the best growth stocks for 2024 here.

When did HUTCHMED IPO?

HUTCHMED (HCM) raised $100 million in an initial public offering on Thursday, March 17th 2016. The company issued 6,100,000 shares at a price of $16.33 per share. BofA Merrill Lynch and Deutsche Bank Securities acted 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: 12/21/2024
• 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: $19.00
• High Stock Price Target: $19.00
• Low Stock Price Target: $19.00
• Potential Upside/Downside: +32.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 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: $420.26 million
• Price / Sales: 5.94
• Cash Flow: $0.55 per share
• Price / Cash Flow: 26.03
• Book Value: $4.27 per share
• Price / Book: 3.35

Miscellaneous

• Outstanding Shares: 174,320,000
• Free Float: 168,044,000
• Market Cap: $2.49 billion
• Optionable: Not Optionable
• Beta: 0.78