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NASDAQ:IGMS

IGM Biosciences (IGMS) Stock Price, News & Analysis

$6.42
+0.14 (+2.23%)
(As of 11:55 AM ET)
Today's Range
$6.42
$6.75
50-Day Range
$6.28
$11.47
52-Week Range
$3.81
$17.70
Volume
83,591 shs
Average Volume
305,034 shs
Market Capitalization
$378.91 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.89

IGM Biosciences MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
176.1% Upside
$17.89 Price Target
Short Interest
Bearish
24.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.08
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$47,216 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($2.31) to ($3.18) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.04 out of 5 stars

Medical Sector

325th out of 879 stocks

Pharmaceutical Preparations Industry

148th out of 417 stocks

IGMS stock logo

About IGM Biosciences Stock (NASDAQ:IGMS)

IGM Biosciences, Inc., a clinical-stage biotechnology company, develops Immunoglobulin M (IgM) antibodies for the treatment of cancer and autoimmune and inflammatory diseases. It develops Aplitabart, a Death Receptor 5 Agonist IgM antibody for the treatment of colorectal cancer; imvotamab, a CD20 x CD3 bispecific IgM antibody to treat myositis, as well as for the treatment of systemic lupus erythematosus and rheumatoid arthritis that is Phase Ib clinical trial; and IGM-2644, a bispecific T cell engaging IgM antibody targeting CD38 and CD3 proteins for the treatment of autoimmune diseases. IGM Biosciences, Inc. has a collaboration and license agreement with Genzyme Corporation to generate, develop, manufacture, and commercialize IgM antibodies. The company was formerly known as Palingen, Inc. and changed its name to IGM Biosciences, Inc. in 2010. IGM Biosciences, Inc. was incorporated in 1993 and is headquartered in Mountain View, California.

IGMS Stock Price History

IGMS Stock News Headlines

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IGM Biosciences Inc (IGMS)
Wedbush Keeps Their Buy Rating on IGM Biosciences (IGMS)
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/08/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:IGMS
Fax
N/A
Employees
224
Year Founded
2010

Price Target and Rating

Average Stock Price Target
$17.89
High Stock Price Target
$25.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+184.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-246,420,000.00
Net Margins
-11,255.25%
Pretax Margin
-11,227.17%

Debt

Sales & Book Value

Annual Sales
$2.13 million
Book Value
$3.46 per share

Miscellaneous

Free Float
25,380,000
Market Cap
$370.65 million
Optionable
Optionable
Beta
0.20

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Key Executives

  • Mr. Fred M. Schwarzer J.D. (Age 71)
    CEO, President & Director
    Comp: $977.66k
  • Dr. Bruce A. Keyt Ph.D. (Age 70)
    Chief Scientific Officer
    Comp: $692.95k
  • Dr. Chris H. Takimoto FACP (Age 65)
    M.D., Ph.D., Chief Medical Officer
    Comp: $684.95k
  • Mr. Misbah Tahir (Age 48)
    Chief Financial Officer
    Comp: $957.6k
  • Mr. TS Harigopal
    Senior Vice President of Group Operations
  • Mr. Steven Weber (Age 48)
    Senior VP, Corporate Controller & Principal Accounting Officer
  • Mr. Paul C. Graffagnino
    Senior Vice President of Legal Affairs
  • Ms. Suzette Tauber (Age 60)
    Chief Human Resources Officer
  • Dr. Angus M. Sinclair Ph.D.
    Senior Vice President of Immuno-Oncology
  • Dr. Lisa L. Decker Ph.D. (Age 54)
    Chief Business Officer
    Comp: $528.18k

IGMS Stock Analysis - Frequently Asked Questions

How have IGMS shares performed this year?

IGM Biosciences' stock was trading at $8.31 at the beginning of 2024. Since then, IGMS shares have decreased by 22.0% and is now trading at $6.48.
View the best growth stocks for 2024 here
.

How were IGM Biosciences' earnings last quarter?

IGM Biosciences, Inc. (NASDAQ:IGMS) posted its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.83) EPS for the quarter, beating the consensus estimate of ($0.84) by $0.01. The business had revenue of $0.50 million for the quarter, compared to the consensus estimate of $0.71 million. IGM Biosciences had a negative net margin of 11,255.25% and a negative trailing twelve-month return on equity of 108.07%.

When did IGM Biosciences IPO?

IGM Biosciences (IGMS) raised $125 million in an IPO on Wednesday, September 18th 2019. The company issued 7,800,000 shares at $15.00-$17.00 per share. Jefferies, Piper Jaffray, Stifel and Guggenheim Securities served as the underwriters for the IPO.

How do I buy shares of IGM Biosciences?

Shares of IGMS 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 IGM Biosciences own?

Based on aggregate information from My MarketBeat watchlists, some other companies that IGM Biosciences investors own include Pfizer (PFE), Tesla (TSLA), AbbVie (ABBV), ImmunoGen (IMGN), Plug Power (PLUG), Atreca (BCEL) and Carnival Co. & (CCL).

This page (NASDAQ:IGMS) was last updated on 7/8/2024 by MarketBeat.com Staff

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