NASDAQ:LGND Ligand Pharmaceuticals (LGND) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free LGND Stock Alerts $84.59 -0.36 (-0.42%) (As of 01:11 PM ET) Add Compare Share Share Today's Range$84.21▼$85.6150-Day Range$68.53▼$87.2852-Week Range$49.24▼$94.57Volume57,641 shsAverage Volume156,631 shsMarket Capitalization$1.52 billionP/E Ratio16.36Dividend YieldN/APrice Target$116.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Ligand Pharmaceuticals alerts: Email Address Ligand Pharmaceuticals MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside37.5% Upside$116.33 Price TargetShort InterestBearish4.77% of Shares Sold ShortDividend StrengthN/ASustainability-1.57Upright™ Environmental ScoreNews Sentiment1.10Based on 5 Articles This WeekInsider TradingSelling Shares$2.29 M Sold Last QuarterProj. Earnings Growth14.96%From $3.41 to $3.92 Per ShareSee Full Details Hide Full Details 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.4.72 out of 5 starsMedical Sector54th out of 930 stocksPharmaceutical Preparations Industry20th out of 436 stocks 3.5 Analyst's Opinion Consensus RatingLigand Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageLigand Pharmaceuticals has only been the subject of 2 research reports in the past 90 days.Read more about Ligand Pharmaceuticals' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.77% of the outstanding shares of Ligand Pharmaceuticals have been sold short.Short Interest Ratio / Days to CoverLigand Pharmaceuticals has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Ligand Pharmaceuticals has recently increased by 7.93%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldLigand Pharmaceuticals does not currently pay a dividend.Dividend GrowthLigand Pharmaceuticals does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLigand Pharmaceuticals has received a 67.85% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Antihypertensives (C02)", "Pneumococcal vaccines", "Quinolones", "Fosphenytoin", "Antifungal medication (D01) ", and "Bevacizumab" products. See details.Environmental SustainabilityThe Environmental Impact score for Ligand Pharmaceuticals is -1.57. Previous Next 3.4 News and Social Media Coverage News SentimentLigand Pharmaceuticals has a news sentiment score of 1.10. 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 0.80 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Ligand Pharmaceuticals this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for LGND on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows3 people have added Ligand Pharmaceuticals to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ligand Pharmaceuticals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,291,532.00 in company stock.Percentage Held by InsidersOnly 5.90% of the stock of Ligand Pharmaceuticals is held by insiders.Percentage Held by Institutions91.28% of the stock of Ligand Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ligand Pharmaceuticals' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ligand Pharmaceuticals are expected to grow by 14.96% in the coming year, from $3.41 to $3.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ligand Pharmaceuticals is 16.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Ligand Pharmaceuticals is 16.37, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 134.33.Price to Book Value per Share RatioLigand Pharmaceuticals has a P/B Ratio of 1.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Ligand Pharmaceuticals' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 Media[Urgent!] Generational Wealth GameplanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide About Ligand Pharmaceuticals Stock (NASDAQ:LGND)Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, engages in the development and licensing of biopharmaceutical assets worldwide. Its commercial programs include Kyprolis and Evomela, which are used to treat multiple myeloma; Rylaze, a recombinant erwinia asparaginase for the treatment of acute lymphoblastic leukemia or lymphoblastic lymphoma in adult and pediatric patients; Filspari, a dual endothelin and angiotensin II receptor antagonist in development for rare kidney diseases and non-immunosuppressive treatment indicated for immunoglobulin A nephropathy; Teriparatide injection product for osteoporosis; Vaxneuvance for the prevention of invasive disease caused by streptococcus pneumoniae serotypes; and Pneumosil, a pneumococcal conjugate vaccine to help fight against pneumococcal pneumonia among children. The company also offers TZIELD, a CD3-directed antibody indicated to delay the onset of Stage 3 type 1 diabetes (T1D) in adults and children aged 8 years and older with Stage 2 T1D; Nexterone, a captisol-enabled formulation of amiodarone; Zulresso, a captisol-enabled formulation of brexanolone for the treatment of postpartum depression; and Veklury, an antiviral treatment for moderate or severe COVID-19. In addition, it provides Noxafil-IV, a captisol-enabled formulation of posaconazole for IV use; Duavee for the treatment of post-menopausal symptoms in women; Exemptia for autoimmune diseases; Vivitra for breast cancer; and Bryxta and Zybev for various indications. The company has alliances, licenses, and other business relationships with Amgen, Merck, Pfizer, Jazz, Takeda, Gilead Sciences, and Baxter International. Further, it sells Captisol materials. Ligand Pharmaceuticals Incorporated was incorporated in 1987 and is based in Jupiter, Florida.Read More LGND Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LGND Stock News HeadlinesMay 20, 2024 | insidertrades.comInsider Selling: Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) Director Sells 934 Shares of StockMay 16, 2024 | insidertrades.comInsider Selling: Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) Insider Sells 3,440 Shares of StockMay 14, 2024 | insidertrades.comLigand Pharmaceuticals Incorporated (NASDAQ:LGND) Insider Andrew Reardon Sells 10,000 SharesMay 25, 2024 | morningstar.comLigand Pharmaceuticals Inc LGNDMay 23, 2024 | businesswire.comLigand to Participate in Upcoming Investor ConferencesMay 20, 2024 | investorplace.com3 Must-Buy Biotech Stocks Before the Summer Rally Kicks OffMay 17, 2024 | investing.comLigand Pharmaceuticals director Nancy Gray sells shares worth over $77kMay 17, 2024 | investing.comLigand Pharmaceuticals CFO sells over $1.1 million in stockMay 16, 2024 | finance.yahoo.comInsider Sale: President & Chief Operating Officer Matthew Korenberg Sells Shares of Ligand ...May 14, 2024 | markets.businessinsider.comLigand Moves to Strong Buy: Rationale Behind the UpgradeMay 9, 2024 | finance.yahoo.comLigand Pharmaceuticals First Quarter 2024 Earnings: EPS: US$4.86 (vs US$2.56 in 1Q 2023)May 8, 2024 | finance.yahoo.comLigand Pharmaceuticals Incorporated (NASDAQ:LGND) Q1 2024 Earnings Call TranscriptMay 8, 2024 | finance.yahoo.comLigand Pharmaceuticals Inc (LGND) Q1 2024 Earnings Call Transcript Highlights: Strategic Growth ...May 8, 2024 | finance.yahoo.comQ1 2024 Agenus Inc Earnings CallMay 7, 2024 | investorplace.comLGND Stock Earnings: Ligand Pharmaceuticals Beats EPS, Beats Revenue for Q1 2024May 7, 2024 | markets.businessinsider.comLigand Pharmaceuticals Inc Q1 Profit Increases, beats estimatesMay 7, 2024 | finance.yahoo.comLigand Pharmaceuticals Inc (LGND) Reports Mixed Q1 2024 Results: Misses Revenue Estimates but ...May 7, 2024 | seekingalpha.comLigand Pharmaceuticals Incorporated 2024 Q1 - Results - Earnings Call PresentationMay 7, 2024 | businesswire.comLigand Reports First Quarter 2024 Financial ResultsMay 7, 2024 | markets.businessinsider.comLigand Enters Into $100 Mln Royalty Financing Agreement With Agenus For BOT/BAL Clinical Dvpt.May 7, 2024 | businesswire.comLigand and Agenus Enter Into $100 Million Royalty Financing AgreementApril 23, 2024 | businesswire.comLigand to Report First Quarter 2024 Financial Results on May 7, 2024April 17, 2024 | finance.yahoo.comWall Street Analysts Predict a 45.56% Upside in Ligand (LGND): Here's What You Should KnowApril 9, 2024 | finance.yahoo.comCan Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) Performance Keep Up Given Its Mixed Bag Of Fundamentals?April 8, 2024 | investorplace.com7 Small-Cap Stocks for the Thinking SpeculatorSee More Headlines Receive LGND Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ligand Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/30/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryBiotechnology Current SymbolNASDAQ:LGND CUSIP53220K50 CIK886163 Webwww.ligand.com Phone(858) 550-7500Fax858-550-1826Employees58Year FoundedN/APrice Target and Rating Average Stock Price Target$116.33 High Stock Price Target$144.00 Low Stock Price Target$95.00 Potential Upside/Downside+36.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$5.17 Trailing P/E Ratio16.43 Forward P/E Ratio24.91 P/E GrowthN/ANet Income$52.15 million Net Margins79.30% Pretax Margin102.75% Return on Equity8.52% Return on Assets7.50% Debt Debt-to-Equity RatioN/A Current Ratio20.70 Quick Ratio19.51 Sales & Book Value Annual Sales$131.31 million Price / Sales11.64 Cash Flow$4.94 per share Price / Cash Flow17.19 Book Value$44.81 per share Price / Book1.90Miscellaneous Outstanding Shares18,000,000Free Float16,938,000Market Cap$1.53 billion OptionableOptionable Beta1.01 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Matthew E. Korenberg (Age 49)President & COO Comp: $831.77kMr. Octavio Espinoza (Age 53)Chief Financial Officer Comp: $613.59kMr. Andrew T. Reardon J.D. (Age 49)Chief Legal Officer & Secretary Comp: $614.87kMr. Scott M. Plesha (Age 59)Chief Executive Officer Mr. Paul J. HaddenSenior Vice President of Investments & Business DevelopmentSimon LatimerHead of Investor RelationsMr. Todd PettingillDirector of Corporate DevelopmentMs. Audrey Warfield-GrahamChief People OfficerDr. Keith MarschkeSenior Vice President of Biology & Scientific AffairsDr. Vincent D. Antle (Age 55)Senior Vice President of Technical Operations & QA - Capitsol More ExecutivesKey CompetitorsArcturus TherapeuticsNASDAQ:ARCTPraxis Precision MedicinesNASDAQ:PRAXNurix TherapeuticsNASDAQ:NRIXTravere TherapeuticsNASDAQ:TVTXCOMPASS PathwaysNASDAQ:CMPSView All CompetitorsInsiders & InstitutionsBurney Co.Bought 416 shares on 5/22/2024Ownership: 0.020%Castleark Management LLCSold 789 shares on 5/17/2024Ownership: 0.344%Octavio EspinozaSold 5,156 sharesTotal: $446,818.96 ($86.66/share)Comerica BankSold 740 shares on 5/17/2024Ownership: 0.044%Walleye Trading LLCSold 3,300 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions LGND Stock Analysis - Frequently Asked Questions Should I buy or sell Ligand Pharmaceuticals stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ligand Pharmaceuticals in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LGND shares. View LGND analyst ratings or view top-rated stocks. What is Ligand Pharmaceuticals' stock price target for 2024? 3 brokerages have issued 1-year price targets for Ligand Pharmaceuticals' stock. Their LGND share price targets range from $95.00 to $144.00. On average, they anticipate the company's share price to reach $116.33 in the next twelve months. This suggests a possible upside of 37.5% from the stock's current price. View analysts price targets for LGND or view top-rated stocks among Wall Street analysts. How have LGND shares performed in 2024? Ligand Pharmaceuticals' stock was trading at $71.42 at the beginning of the year. Since then, LGND stock has increased by 18.5% and is now trading at $84.62. View the best growth stocks for 2024 here. When is Ligand Pharmaceuticals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our LGND earnings forecast. How were Ligand Pharmaceuticals' earnings last quarter? Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) released its earnings results on Tuesday, May, 7th. The biotechnology company reported $3.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $3.01. The biotechnology company had revenue of $30.90 million for the quarter, compared to the consensus estimate of $27.92 million. Ligand Pharmaceuticals had a trailing twelve-month return on equity of 8.52% and a net margin of 79.30%. Ligand Pharmaceuticals's revenue was down 29.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.96 EPS. What ETFs hold Ligand Pharmaceuticals' stock? ETFs with the largest weight of Ligand Pharmaceuticals (NASDAQ:LGND) stock in their portfolio include Invesco Pharmaceuticals ETF (PJP), Tema Global Royalties ETF (ROYA), Virtus LifeSci Biotech Products ETF (BBP), iShares Genomics Immunology and Healthcare ETF (IDNA), Invesco S&P SmallCap Health Care ETF (PSCH), SPDR S&P Pharmaceuticals ETF (XPH), Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL) and Franklin Genomic Advancements ETF (HELX). What guidance has Ligand Pharmaceuticals issued on next quarter's earnings? Ligand Pharmaceuticals issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of 4.250-4.750 for the period, compared to the consensus EPS estimate of 4.440. The company issued revenue guidance of $130.0 million-$142.0 million, compared to the consensus revenue estimate of $137.7 million. What is John L. Higgins' approval rating as Ligand Pharmaceuticals' CEO? 1 employees have rated Ligand Pharmaceuticals Chief Executive Officer John L. Higgins on Glassdoor.com. John L. Higgins has an approval rating of 100% among the company's employees. This puts John L. Higgins in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Ligand Pharmaceuticals own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ligand Pharmaceuticals investors own include Jazz Pharmaceuticals (JAZZ), Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), AbbVie (ABBV), Netflix (NFLX), Cisco Systems (CSCO), Illumina (ILMN) and Gilead Sciences (GILD). Who are Ligand Pharmaceuticals' major shareholders? Ligand Pharmaceuticals' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.64%), Janus Henderson Group PLC (5.60%), Villere ST Denis J & Co. LLC (2.77%), Rice Hall James & Associates LLC (1.58%), Ashford Capital Management Inc. (1.09%) and William Blair Investment Management LLC (1.07%). Insiders that own company stock include Andrew Reardon, John L Higgins, John W Kozarich, Matthew E Korenberg, Matthew W Foehr, Nancy Ryan Gray, Octavio Espinoza, Stephen L Sabba and Todd C Davis. View institutional ownership trends. How do I buy shares of Ligand Pharmaceuticals? Shares of LGND 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. 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