BeiGene (BGNE) Stock Price, News & Analysis

Company Overview

BeiGene, Ltd., through its subsidiaries, engages in the development and commercialization of oncology medicines worldwide. Its products include BRUKINSA to treat various blood cancers; TEVIMBRA to treat various solid tumor and blood cancers; PARTRUVIX for the treatment of various solid tumor malignancies; XGEVA to treat bone metastases from solid tumors and multiple myeloma, as well as giant cell tumor of bone; BLINCYTO to treat acute lymphoblastic leukemia; KYPROLIS to treat R/R multiple myeloma; REVLIMID to treat multiple myeloma; VIDAZA to treat myelodysplastic syndromes, chronic myelomonocyte leukemia, and acute myeloid leukemia; SYLVANT to treat idiopathic multicentric castleman disease; QARZIBA to treat neuroblastoma; POBEVCY to treat metastatic colorectal cancer, liver cancer, and non-small cell lung cancer (NSCLC); BAITUOWEI, to treat breast and prostate cancers; TAFINLAR and MEKINIST to treat NSCLC and melanoma; VOTRIENT for advance renal cell carcinoma; AFINITOR for advance renal cell carcinoma, NET, SEGA, & breast cancers; and ZYKADIA to treat ALK + NSCLC. The company is also developing inhibitors comprising Sonrotoclax (BGB-11417), BGB-10188, BGB-21447, Ociperlimab (BGB-A1217), Surzebiclimab (BGB-A425), BGB-15025, BGB-26808, Lifirafenib (BGB-283), BGB-3245, BGB-30813, and BGB-43395; antibodies, including Zanidatamab, BGB-A445, and BGB-A3055, as well as BGB-16673, a BTK-targeted CDAC, and BGB-24714, a SMAC mimetic. It has collaborations with Shoreline Biosciences, Inc., Amgen Inc., Novartis AG, Bristol Myers Squibb company, Shandong Luye Pharmaceutical Co., Ltd., Nanjing Leads Biolabs, Inc., EUSA Pharma, Assembly Biosciences, Inc., Bio-Thera Solutions, Ltd., and Nanjing Leads Biolabs Co., Ltd. The company was incorporated in 2010 and is based in Grand Cayman, the Cayman Islands.

Key Stats

• Today's Range: $175.80 to $179.25
• 50-Day Range: $174.72 to $227.05
• 52-Week Range: $126.97 to $248.16
• Volume: 337,011 shs
• Average Volume: 284,766 shs
• Market Capitalization: $17.20 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $253.69
• Consensus Rating: Moderate Buy

BeiGene Stock Analysis - MarketRank™

BeiGene scored higher than 52% of companies evaluated by MarketBeat, and ranked 524th out of 945 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: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

BeiGene has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

BeiGene has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

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

Earnings Growth

Earnings for BeiGene are expected to grow in the coming year, from ($5.64) to ($0.25) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BeiGene is -21.42, 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 BeiGene is -21.42, 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

BeiGene has a P/B Ratio of 4.76. 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

1.36% of the outstanding shares of BeiGene have been sold short.

Short Interest Ratio / Days to Cover

BeiGene has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BeiGene has recently increased by 33.08%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

BeiGene does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

1.36% of the outstanding shares of BeiGene have been sold short.

Short Interest Ratio / Days to Cover

BeiGene has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BeiGene has recently increased by 33.08%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.01

News Sentiment

BeiGene has a news sentiment score of 1.01. 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 6 news articles for BeiGene this week, compared to 6 articles on an average week.

Search Interest

Only 1 people have searched for BGNE on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

3 people have added BeiGene to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, BeiGene insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $212,520,787.00 in company stock.

Percentage Held by Insiders

Only 7.43% of the stock of BeiGene is held by insiders.

Percentage Held by Institutions

48.55% of the stock of BeiGene is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BGNE Stock Analysis - Frequently Asked Questions

How have BGNE shares performed this year?

BeiGene's stock was trading at $180.36 at the start of the year. Since then, BGNE shares have decreased by 2.1% and is now trading at $176.50.
View the best growth stocks for 2024 here.

How were BeiGene's earnings last quarter?

BeiGene, Ltd. (NASDAQ:BGNE) issued its quarterly earnings results on Tuesday, November, 12th. The company reported ($1.15) EPS for the quarter, missing the consensus estimate of ($1.11) by $0.04. BeiGene's quarterly revenue was up 28.2% compared to the same quarter last year.

When did BeiGene IPO?

BeiGene (BGNE) raised $126 million in an initial public offering (IPO) on Wednesday, February 3rd 2016. The company issued 5,500,000 shares at a price of $22.00-$24.00 per share. Goldman Sachs, Morgan Stanley and Cowen and Company acted as the underwriters for the IPO and Baird was co-manager.

Who are BeiGene's major shareholders?

BeiGene's top institutional shareholders include Primecap Management Co. CA (5.11%), Baillie Gifford & Co. (3.81%), Temasek Holdings Private Ltd (2.45%) and FMR LLC (1.70%). Insiders that own company stock include Advisors Ltd Hhlr, Lai Wang, Bros Advisors Lp Baker, Titus B Ball, Chan Henry Lee, Corazon (Corsee) D Sanders, Xiaobin Wu, Xiaodong Wang, John Oyler and Julia Aijun Wang.
View institutional ownership trends.

How do I buy shares of BeiGene?

Shares of BGNE 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 BeiGene own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BeiGene investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Advanced Micro Devices (AMD), ServiceNow (NOW) and Saia (SAIA).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 12/22/2024
• 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:BGNE
• CUSIP: N/A
• CIK: 1651308
• Web: www.beigene.com
• Phone: (345) 949-4123
• Fax: N/A
• Employees: 10,600
• Year Founded: 2010

Price Target and Rating

• Average Stock Price Target: $253.69
• High Stock Price Target: $345.00
• Low Stock Price Target: $152.50
• Potential Upside/Downside: +43.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($8.24)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-881,710,000.00
• Net Margins: -25.94%
• Pretax Margin: -24.07%
• Return on Equity: -25.12%
• Return on Assets: -14.95%

Debt

• Debt-to-Equity Ratio: 0.05
• Current Ratio: 1.93
• Quick Ratio: 1.72

Sales & Book Value

• Annual Sales: $3.32 billion
• Price / Sales: 5.19
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $37.10 per share
• Price / Book: 4.76

Miscellaneous

• Outstanding Shares: 97,476,000
• Free Float: 90,195,000
• Market Cap: $17.20 billion
• Optionable: Optionable
• Beta: 0.57