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NASDAQ:SGEN

Seagen (SGEN) Stock Price, News & Analysis

About Seagen Stock (NASDAQ:SGEN)

Key Stats

Today's Range
$228.74
$228.74
50-Day Range
$228.74
$228.74
52-Week Range
$123.77
$228.96
Volume
86 shs
Average Volume
1.48 million shs
Market Capitalization
$42.93 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$229.00
Consensus Rating
Hold

Company Overview

Seagen Inc., a biotechnology company, develops and commercializes therapies for the treatment of cancer in the United States and internationally. It offers ADCETRIS, an antibody-drug conjugate (ADC) for the treatment of patients with Hodgkin lymphoma or CD30-positive T-cell lymphomas; PADCEV, an ADC targeting Nectin-4 for the treatment of adult patients with advanced or metastatic urothelial cancer; and TUKYSA, an oral small molecule tyrosine kinase inhibitor for the treatment of adult patients with advanced unresectable or metastatic HER2-positive breast cancer. The company also develops TIVDAK for metastatic cervical cancer and other solid tumors; Ladiratuzumab Vedotin, an ADC targeting LIV-1 for metastatic breast cancer and solid tumors; Disitamab Vedotin, a novel HER2-targeted ADC; and SEA-TGT and SEA-CD70 for various cancer diseases. It has collaboration agreements with Takeda Pharmaceutical Company Limited; Agensys, Inc.; Genmab A/S; Merck; and RemeGen, Co. Ltd. The company was formerly known as Seattle Genetics, Inc. and changed its name to Seagen Inc. in October 2020. Seagen Inc. was incorporated in 1997 and is headquartered in Bothell, Washington. As of December 14, 2023, Seagen Inc. operates as a subsidiary of Pfizer Inc.

Seagen Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 16th Percentile

Seagen scored higher than 16% of companies evaluated by MarketBeat, and ranked 944th out of 1,007 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Seagen has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

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

  • Read more about Seagen's stock forecast and price target.
  • Earnings Growth

    Earnings for Seagen are expected to grow in the coming year, from ($3.82) to ($1.82) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Seagen is -57.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Seagen is -57.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Seagen has a P/B Ratio of 15.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for SGEN.
  • Dividend Yield

    Seagen does not currently pay a dividend.

  • Dividend Growth

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

  • Short Interest

    There is no current short interest data available for SGEN.
  • Search Interest

    1 people have searched for SGEN on MarketBeat in the last 30 days.
  • MarketBeat Follows

    1 people have added Seagen to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    25.90% of the stock of Seagen is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    84.26% of the stock of Seagen is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Seagen's insider trading history.
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SGEN Stock News Headlines

Pfizer: Turning The Corner (Rating Upgrade)
Our #1 Ticker for the Rare "Retirement Window"
We've only seen this happen three times in the past 20 years... And every time - like clockwork - it's minted an entire new class of millionaires.
MRNA Feb 2024 64.000 put
See More Headlines

SGEN Stock Analysis - Frequently Asked Questions

Seagen Inc. (NASDAQ:SGEN) released its earnings results on Wednesday, November, 1st. The biotechnology company reported ($1.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.82) by $0.33. The firm's quarterly revenue was up 27.1% compared to the same quarter last year.

The following companies are subsidiaries of Seagen: Cascadian Therapeutics.

Based on aggregate information from My MarketBeat watchlists, some other companies that Seagen investors own include NVIDIA (NVDA), AbbVie (ABBV), Advanced Micro Devices (AMD), Gilead Sciences (GILD), Salesforce (CRM), QUALCOMM (QCOM) and Tesla (TSLA).

Company Calendar

Last Earnings
11/01/2023
Today
9/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:SGEN
CUSIP
81257810
Employees
3,256
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$229.00
High Stock Price Target
$229.00
Low Stock Price Target
$229.00
Potential Upside/Downside
+0.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-610,310,000.00
Pretax Margin
-32.12%

Debt

Sales & Book Value

Annual Sales
$2.30 billion
Book Value
$15.10 per share

Miscellaneous

Free Float
139,084,000
Market Cap
$42.93 billion
Optionable
Optionable
Beta
0.32

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Should I Buy Seagen Stock? SGEN Pros and Cons Explained

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 Monday, August 26, 2024. Please send any questions or comments about these Seagen pros and cons to contact@marketbeat.com.

Seagen
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Seagen Inc.:

  • Seagen Inc. has shown a consistent increase in institutional ownership percentage, currently standing at 91.8%. Institutional ownership can indicate confidence in the company's future prospects.
  • The company's stock price has been on an upward trend, with the price on record date being $214.03. This positive price movement can attract investors looking for potential capital gains.
  • Seagen Inc. has a relatively low short percentage of float, indicating lower levels of bearish sentiment among investors. This can contribute to price stability and potential upward momentum.
  • The company has a strong fifty-two week performance of 67.25%, outperforming the market average. This positive performance can be appealing to investors seeking growth opportunities.
  • Seagen Inc. has a healthy average daily volume of 1,360,000 shares traded. Higher trading volumes can signify active investor interest and liquidity in the stock.

Seagen
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Seagen Inc. for these reasons:

  • Despite the positive aspects, Seagen Inc. has experienced a slight increase in shares shorted from the previous month, indicating some bearish sentiment in the market. This could potentially lead to increased volatility in the stock price.

This page (NASDAQ:SGEN) was last updated on 9/19/2024 by MarketBeat.com Staff
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