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argenx (ARGX) Stock Price, News & Analysis

argenx logo
$623.82 -2.21 (-0.35%)
(As of 12/20/2024 05:15 PM ET)

About argenx Stock (NASDAQ:ARGX)

Key Stats

Today's Range
$619.60
$634.40
50-Day Range
$540.61
$638.33
52-Week Range
$327.73
$644.97
Volume
269,165 shs
Average Volume
308,462 shs
Market Capitalization
$37.66 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$639.78
Consensus Rating
Moderate Buy

Company Overview

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.

argenx Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
60th Percentile Overall Score

ARGX MarketRank™: 

argenx scored higher than 60% of companies evaluated by MarketBeat, and ranked 421st out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    argenx has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 18 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    argenx has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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

    Earnings for argenx are expected to grow by 294.09% in the coming year, from $2.20 to $8.67 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of argenx is -708.89, 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 argenx is -708.89, 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

    argenx has a P/B Ratio of 9.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.25% of the outstanding shares of argenx have been sold short.
  • Short Interest Ratio / Days to Cover

    argenx has a short interest ratio ("days to cover") of 7.5.
  • Change versus previous month

    Short interest in argenx has recently decreased by 5.31%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    argenx does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    3.25% of the outstanding shares of argenx have been sold short.
  • Short Interest Ratio / Days to Cover

    argenx has a short interest ratio ("days to cover") of 7.5.
  • Change versus previous month

    Short interest in argenx has recently decreased by 5.31%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    argenx has a news sentiment score of 1.04. 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 14 news articles for argenx this week, compared to 8 articles on an average week.
  • Search Interest

    4 people have searched for ARGX on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added argenx to their MarketBeat watchlist in the last 30 days. This is a decrease of -55% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    Only 2.43% of the stock of argenx is held by insiders.

  • Percentage Held by Institutions

    60.32% of the stock of argenx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about argenx's insider trading history.
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ARGX Stock News Headlines

Argenx price target raised to $723 from $639 at Wells Fargo
Argenx Se (ARGX) Gets a Hold from UBS
Cackling Kamala hates this company
Do you want to see one of the most exciting election trades of all time? A trade that could help America become 100% energy independent… Reduce energy costs to virtually zero… And hand investors what could be a stunning return in just a few years’ time? It all has to do with a little known company that is helping to kick off the next great American energy revolution.
Argenx Se: Promising Growth with Strategic Expansion and Clinical Advancements
Obesity giants will begin $80 bln M&A face-off
argenx SE (NASDAQ:ARGX) Short Interest Down 5.3% in November
Citi Reaffirms Their Buy Rating on Argenx Se (ARGX)
See More Headlines

ARGX Stock Analysis - Frequently Asked Questions

argenx's stock was trading at $380.43 at the beginning of the year. Since then, ARGX shares have increased by 64.0% and is now trading at $623.82.
View the best growth stocks for 2024 here
.

argenx SE (NASDAQ:ARGX) issued its quarterly earnings results on Thursday, October, 31st. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $1.29. The company earned $588.88 million during the quarter, compared to analyst estimates of $543.29 million. argenx had a negative trailing twelve-month return on equity of 1.45% and a negative net margin of 2.11%.

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

Top institutional shareholders of argenx include FMR LLC (8.02%), Janus Henderson Group PLC (4.15%), Bellevue Group AG (1.06%) and Wellington Management Group LLP (0.81%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that argenx investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Broadcom (AVGO), Taiwan Semiconductor Manufacturing (TSM), CrowdStrike (CRWD) and Adobe (ADBE).

Company Calendar

Last Earnings
10/31/2024
Today
12/21/2024
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
$639.78
High Stock Price Target
$723.00
Low Stock Price Target
$500.00
Potential Upside/Downside
+2.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
22 Analysts

Profitability

Net Income
$-295,050,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.86 billion
Book Value
$69.22 per share

Miscellaneous

Free Float
58,901,000
Market Cap
$37.66 billion
Optionable
Optionable
Beta
0.59
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This page (NASDAQ:ARGX) was last updated on 12/21/2024 by MarketBeat.com Staff
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