Genmab A/S (GMAB) Stock Price, News & Analysis

Company Overview

Genmab A/S develops antibody therapeutics for the treatment of cancer and other diseases primarily in Denmark. The company markets DARZALEX, a human monoclonal antibody for the treatment of patients with multiple myeloma (MM); teprotumumab for the treatment of thyroid eye disease; and Amivantamab for advanced or metastatic gastric or esophageal cancer and NSCLC. Its products include daratumumab to treat MM, non-MM blood cancers, and AL amyloidosis; GEN1047; tisotumab vedotin for treating cervical, ovarian, and solid cancers; DuoBody-PD-L1x4-1BB, and DuoBody-CD40x4-1BB for treating solid tumors; Epcoritamab for relapsed/refractory diffuse large B-cell lymphoma and chronic lymphocytic leukemia; and HexaBody-CD38 and GEN3017 for treating hematological malignancies. In addition, the company develops Inclacumab, which is in Phase 3 trial for vaso-occlusive crises; Camidanlumab tesirine to treat hodgkin lymphoma and solid tumors; JNJ-64007957 and JNJ-64407564 to treat MM; PRV-015 for treating celiac disease; Mim8 for treating haemophilia A; and Lu AF82422 for treating multiple system atrophy disease. It operates various active pre-clinical programs. The company has a commercial license and collaboration agreement with Seagen Inc. to co-develop tisotumab vedotin. It also has a collaboration agreement with argenx to discover, develop, and commercialize novel therapeutic antibodies with applications in immunology and oncology; and AbbVie for the development of epcoritamab, as well as collaborations with BioNTech, Janssen, and Novo Nordisk A/S. Genmab A/S was founded in 1999 and is headquartered in Copenhagen, Denmark.

Key Stats

• Today's Range: $23.40 to $23.58
• 50-Day Range: $23.69 to $28.48
• 52-Week Range: $23.24 to $35.88
• Volume: 428,642 shs
• Average Volume: 575,899 shs
• Market Capitalization: $15.50 billion
• P/E Ratio: 19.53
• Dividend Yield: N/A
• Price Target: $45.20
• Consensus Rating: Hold

Genmab A/S Stock Analysis - MarketRank™

Genmab A/S scored higher than 91% of companies evaluated by MarketBeat, and ranked 106th out of 995 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: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Genmab A/S has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 8 buy ratings, 3 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Genmab A/S has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 18.11%

Earnings Growth

Earnings for Genmab A/S are expected to grow by 18.11% in the coming year, from $1.27 to $1.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Genmab A/S is 19.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Genmab A/S is 19.57, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 141.45.

Price to Earnings Growth Ratio

Genmab A/S has a PEG Ratio of 0.73. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Genmab A/S has a P/B Ratio of 3.38. 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 float of Genmab A/S has been sold short.

Short Interest Ratio / Days to Cover

Genmab A/S 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 Genmab A/S has recently decreased by 2.35%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Genmab A/S does not currently pay a dividend.

Dividend Growth

Genmab A/S 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 float of Genmab A/S has been sold short.

Short Interest Ratio / Days to Cover

Genmab A/S 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 Genmab A/S has recently decreased by 2.35%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.57

News Sentiment

Genmab A/S has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Medical companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Genmab A/S this week, compared to 5 articles on an average week.

Search Interest

Only 8 people have searched for GMAB on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Genmab A/S insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.54% of the stock of Genmab A/S is held by insiders.

Percentage Held by Institutions

Only 7.07% of the stock of Genmab A/S is held by institutions.

GMAB Stock Analysis - Frequently Asked Questions

How have GMAB shares performed this year?

Genmab A/S's stock was trading at $31.84 on January 1st, 2024. Since then, GMAB shares have decreased by 26.3% and is now trading at $23.48.
View the best growth stocks for 2024 here.

How were Genmab A/S's earnings last quarter?

Genmab A/S (NASDAQ:GMAB) announced its quarterly earnings results on Thursday, August, 8th. The company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by $0.07. The company had revenue of $779.50 million for the quarter, compared to the consensus estimate of $734.60 million. Genmab A/S had a trailing twelve-month return on equity of 17.48% and a net margin of 29.06%.

When did Genmab A/S's stock split?

Shares of Genmab A/S reverse split on the morning of Saturday, January 1st 2000. The 0.3-1.5 reverse split was announced on Saturday, January 1st 2000. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 1st 2018. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

When did Genmab A/S IPO?

Genmab A/S (GMAB) raised $503 million in an IPO on Thursday, July 18th 2019. The company issued 27,800,000 shares at $18.11 per share. BofA Merrill Lynch, Morgan Stanley and Jefferies acted as the underwriters for the IPO and Guggenheim Securities and RBC Capital Markets were co-managers.

How do I buy shares of Genmab A/S?

Shares of GMAB 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 Genmab A/S own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Genmab A/S investors own include NVIDIA (NVDA), Alibaba Group (BABA), Johnson & Johnson (JNJ), CVS Health (CVS), Home Depot (HD), Intel (INTC) and Pfizer (PFE).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 10/03/2024
• Next Earnings (Confirmed): 11/06/2024
• 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:GMAB
• CUSIP: N/A
• CIK: 1434265
• Web: www.genmab.com
• Phone: (457) 020-2728
• Fax: N/A
• Employees: 2,204
• Year Founded: 1999

Price Target and Rating

• Average Stock Price Target: $45.20
• High Stock Price Target: $50.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: +90.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.46
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.20
• Trailing P/E Ratio: 19.74
• Forward P/E Ratio: 18.65
• P/E Growth: 0.73
• Net Income: $631.91 million
• Net Margins: 29.06%
• Pretax Margin: 39.35%
• Return on Equity: 17.48%
• Return on Assets: 15.13%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.03
• Quick Ratio: 5.02

Sales & Book Value

• Annual Sales: $19.02 billion
• Price / Sales: 0.82
• Cash Flow: $1.22 per share
• Price / Cash Flow: 19.47
• Book Value: $6.95 per share
• Price / Book: 3.41

Miscellaneous

• Outstanding Shares: 661,299,000
• Free Float: 651,115,000
• Market Cap: $15.67 billion
• Optionable: Optionable
• Beta: 0.99