Neurocrine Biosciences (NBIX) Stock Price, News & Analysis

Company Overview

Neurocrine Biosciences, Inc. discovers, develops, and markets pharmaceuticals for neurological, neuroendocrine, and neuropsychiatric disorders in the United States and internationally. The company's products include INGREZZA for tardive dyskinesia and chorea associated with Huntington's disease; ALKINDI for adrenal insufficiency; Efmody capsules for classic congenital adrenal hyperplasia; Orilissa tablets for endometriosis; and Oriahnn capsules to treat uterine fibroids. Its product candidates in clinical development include valbenazine to treat dyskinetic cerebral palsy in pediatrics and adults; NBI-921352 to treat developmental and epileptic encephalopathy syndrome in pediatrics and adults; NBI-827104 to treat epileptic encephalopathy with continuous spike-and-wave during sleep; NBI-1076986 to treat movement disorders; crinecerfront to treat congenital adrenal hyperplasia in adults and children; EFMODY to treat congenital adrenal hyperplasia and adrenal insufficiency in adults; valbenazine for the adjunctive treatment of schizophrenia; NBI-1065845 for the treatment of inadequate response to treatment in major depressive disorder; luvadaxistat to treat cognitive impairment related to schizophrenia; NBI-1117568 for the treatment of schizophrenia; NBI-1070770 to treat major depressive disorder; NBI-1117570 for the treatment of symptoms of psychosis and cognition in neurological and neuropsychiatric conditions; and NBI-1117569, NBI-1117567, and NBI-1065890 to treat CNS indications. The company also has license and collaboration agreements with Heptares Therapeutics Limited; Takeda Pharmaceutical Company Limited; Idorsia Pharmaceuticals Ltd; Xenon Pharmaceuticals Inc.; Voyager Therapeutics, Inc.; BIAL Portela & Ca, S.A.; Mitsubishi Tanabe Pharma Corporation; and AbbVie Inc. The company was incorporated in 1992 and is headquartered in San Diego, California.

Key Stats

• Today's Range: $119.37 to $123.48
• 50-Day Range: $119.10 to $153.15
• 52-Week Range: $103.63 to $157.98
• Volume: 1.05 million shs
• Average Volume: 856,653 shs
• Market Capitalization: $12.06 billion
• P/E Ratio: 33.02
• Dividend Yield: N/A
• Price Target: $162.20
• Consensus Rating: Moderate Buy

Neurocrine Biosciences Stock Analysis - MarketRank™

Neurocrine Biosciences scored higher than 100% of companies evaluated by MarketBeat, and ranked 5th out of 1,017 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: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Neurocrine Biosciences has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 18 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Neurocrine Biosciences has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 68.74%

Earnings Growth

Earnings for Neurocrine Biosciences are expected to grow by 68.74% in the coming year, from $4.19 to $7.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Neurocrine Biosciences is 33.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of Neurocrine Biosciences is 33.02, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 140.22.

Price to Book Value per Share Ratio

Neurocrine Biosciences has a P/B Ratio of 5.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.13% of the outstanding shares of Neurocrine Biosciences have been sold short.

Short Interest Ratio / Days to Cover

Neurocrine Biosciences has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Neurocrine Biosciences has recently decreased by 6.55%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Neurocrine Biosciences does not currently pay a dividend.

Dividend Growth

Neurocrine Biosciences does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -2.61

Percentage of Shares Shorted

2.13% of the outstanding shares of Neurocrine Biosciences have been sold short.

Short Interest Ratio / Days to Cover

Neurocrine Biosciences has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Neurocrine Biosciences has recently decreased by 6.55%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.42

News Sentiment

Neurocrine Biosciences has a news sentiment score of 0.42. 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 lower news sentiment than the 0.68 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for Neurocrine Biosciences this week, compared to 10 articles on an average week.

Search Interest

Only 2 people have searched for NBIX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

6 people have added Neurocrine Biosciences to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Neurocrine Biosciences insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,676,096.00 in company stock.

Percentage Held by Insiders

Only 4.30% of the stock of Neurocrine Biosciences is held by insiders.

Percentage Held by Institutions

92.59% of the stock of Neurocrine Biosciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NBIX Stock Analysis - Frequently Asked Questions

How have NBIX shares performed this year?

Neurocrine Biosciences' stock was trading at $131.76 at the beginning of the year. Since then, NBIX stock has decreased by 9.0% and is now trading at $119.85.
View the best growth stocks for 2024 here.

How were Neurocrine Biosciences' earnings last quarter?

Neurocrine Biosciences, Inc. (NASDAQ:NBIX) announced its quarterly earnings results on Thursday, August, 1st. The company reported $0.63 earnings per share for the quarter, missing analysts' consensus estimates of $1.15 by $0.52. The firm's revenue for the quarter was up 30.4% on a year-over-year basis.

Who are Neurocrine Biosciences' major shareholders?

Neurocrine Biosciences' top institutional investors include Renaissance Technologies LLC (2.45%), AQR Capital Management LLC (1.22%), DSM Capital Partners LLC (0.99%) and Armistice Capital LLC (0.97%). Insiders that own company stock include Neurocrine Biosciences Inc, Kevin Charles Gorman, Kyle Gano, Gary A Lyons, Eric Benevich, William H Rastetter, Darin Lippoldt, Matt Abernethy, Richard F Pops, Stephen A Sherwin, Eiry Roberts, Malcolm Lloyd-Smith, Julie Cooke, Jude Onyia, David W Boyer, Ingrid Delaet, Shalini Sharp, Leslie V Norwalk, George J Morrow and Dimitri E Grigoriadis.
View institutional ownership trends.

How do I buy shares of Neurocrine Biosciences?

Shares of NBIX 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 Neurocrine Biosciences own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Neurocrine Biosciences investors own include NVIDIA (NVDA), Gilead Sciences (GILD), Micron Technology (MU), Alibaba Group (BABA), Netflix (NFLX), AbbVie (ABBV) and Walt Disney (DIS).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 9/18/2024
• Next Earnings (Estimated): 10/29/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Biological products, except diagnostic
• Sub-Industry: Biotechnology
• Current Symbol: NASDAQ:NBIX
• CUSIP: 64125C10
• CIK: 914475
• Web: www.neurocrine.com
• Phone: (858) 617-7600
• Fax: 858-617-7602
• Employees: 1,400
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $162.20
• High Stock Price Target: $219.00
• Low Stock Price Target: $128.00
• Potential Upside/Downside: +35.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 24 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.63
• Trailing P/E Ratio: 33.02
• Forward P/E Ratio: 28.60
• P/E Growth: N/A
• Net Income: $249.70 million
• Net Margins: 16.00%
• Pretax Margin: 21.08%
• Return on Equity: 14.86%
• Return on Assets: 10.54%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.19
• Quick Ratio: 4.08

Sales & Book Value

• Annual Sales: $2.12 billion
• Price / Sales: 5.69
• Cash Flow: $2.54 per share
• Price / Cash Flow: 47.10
• Book Value: $22.72 per share
• Price / Book: 5.28

Miscellaneous

• Outstanding Shares: 100,637,000
• Free Float: 96,310,000
• Market Cap: $12.06 billion
• Optionable: Optionable
• Beta: 0.37