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NASDAQ:SGMO

Sangamo Therapeutics (SGMO) Stock Price, News & Analysis

$0.72
-0.03 (-3.98%)
(As of 09/6/2024 ET)
Today's Range
$0.70
$0.77
50-Day Range
$0.32
$1.10
52-Week Range
$0.29
$1.48
Volume
3.48 million shs
Average Volume
6.04 million shs
Market Capitalization
$150.54 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.67

Sangamo Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
268.8% Upside
$2.67 Price Target
Short Interest
Healthy
7.73% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.47) to ($0.09) 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.

1.91 out of 5 stars

Medical Sector

561st out of 910 stocks

Biological Products, Except Diagnostic Industry

90th out of 155 stocks

SGMO stock logo

About Sangamo Therapeutics Stock (NASDAQ:SGMO)

Sangamo Therapeutics, Inc., a clinical-stage genomic medicine company, focuses on translating science into medicines that transform the lives of patients and families afflicted with serious diseases in the United States. The company's clinical-stage product candidates are ST-920, a gene therapy product candidate, which is in Phase 1/2 clinical study for the treatment of Fabry disease; TX200, a chimeric antigen receptor engineered regulatory T cell (CAR-Treg) therapy product candidate that is in Phase 1/2 clinical study for the prevention of immune-mediated rejection in HLA-A2 mismatched kidney transplantation; SB-525, a gene therapy product candidate, which is in Phase 3 clinical trial for the treatment of moderately severe to severe hemophilia A; BIVV003, a zinc finger nuclease gene-edited cell therapy product candidate that is in Phase 1/2 PRECIZN-1 clinical study for the treatment of sickle cell disease. Its preclinical development products focus on CAR-Treg cell therapies for autoimmune disorders and genome engineering for neurological diseases. Sangamo Therapeutics, Inc. has collaborative and strategic partnerships with Biogen MA, Inc.; Kite Pharma, Inc.; Pfizer Inc.; Sanofi S.A.; Novartis Institutes for BioMedical Research, Inc.; Shire International GmbH; Dow AgroSciences LLC; Sigma-Aldrich Corporation; Genentech, Inc.; Open Monoclonal Technology, Inc.; and California Institute for Regenerative Medicine. The company was formerly known as Sangamo BioSciences, Inc. and changed its name to Sangamo Therapeutics, Inc. in January 2017. Sangamo Therapeutics, Inc. was incorporated in 1995 and is headquartered in Richmond, California.

SGMO Stock Price History

SGMO Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Sangamo Therapeutics, Inc. (0R1D.L)
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Why Is Sangamo Therapeutics (SGMO) Stock Up 52% Today?
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:SGMO
CUSIP
80067710
Employees
480
Year Founded
1995

Price Target and Rating

Average Stock Price Target
$2.67
High Stock Price Target
$5.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+268.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$-257,830,000.00
Net Margins
-2,033.69%
Pretax Margin
-2,024.15%

Debt

Sales & Book Value

Annual Sales
$12.28 million
Cash Flow
$0.03 per share
Book Value
$0.47 per share

Miscellaneous

Free Float
201,700,000
Market Cap
$150.03 million
Optionable
Optionable
Beta
1.23

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Key Executives

  • Dr. Alexander D. Macrae Ch.B (Age 61)
    M.B., MRCP, Ph.D., CEO, President & Director
    Comp: $722.67k
  • Dr. Nathalie Dubois-Stringfellow Ph.D. (Age 62)
    Senior VP & Chief Development Officer
    Comp: $459.9k
  • Ms. Amy Pooler Ph.D.
    Head of Research
  • Mr. Gregory Davis Ph.D.
    Head of Technology
  • Ms. Aron Feingold
    Head of Corporate Communications & Investor Relations Officer
  • Mr. Scott B. Willoughby (Age 49)
    Senior VP, General Counsel & Corporate Secretary
  • Phillip Ramsey
    Head of Technical Operations
  • Ms. Stephanie J. Seiler CLP
    Head of Business Development & Alliance Management
  • Mr. David Ojala
    Scientist II - Discovery & Translational Research
  • Louise Wilkie
    Vice President of Investor Relations & Corporate Communications

SGMO Stock Analysis - Frequently Asked Questions

How have SGMO shares performed this year?

Sangamo Therapeutics' stock was trading at $0.5433 at the beginning of the year. Since then, SGMO shares have increased by 33.1% and is now trading at $0.7230.
View the best growth stocks for 2024 here
.

How were Sangamo Therapeutics' earnings last quarter?

Sangamo Therapeutics, Inc. (NASDAQ:SGMO) posted its quarterly earnings data on Tuesday, August, 6th. The biopharmaceutical company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by $0.01. The biopharmaceutical company earned $0.36 million during the quarter, compared to the consensus estimate of $11.40 million. Sangamo Therapeutics had a negative net margin of 2,033.69% and a negative trailing twelve-month return on equity of 273.25%.

What is Sandy Macrae, M.B., Ch.B., Ph.D.'s approval rating as Sangamo Therapeutics' CEO?

10 employees have rated Sangamo Therapeutics Chief Executive Officer Sandy Macrae, M.B., Ch.B., Ph.D. on Glassdoor.com. Sandy Macrae, M.B., Ch.B., Ph.D. has an approval rating of 89% among the company's employees.

Who are Sangamo Therapeutics' major shareholders?

Sangamo Therapeutics' top institutional shareholders include Armistice Capital LLC (6.75%), Acadian Asset Management LLC (2.20%), Renaissance Technologies LLC (1.99%) and Marshall Wace LLP (0.28%). Insiders that own company stock include Biogen Inc and John Markels.
View institutional ownership trends
.

How do I buy shares of Sangamo Therapeutics?

Shares of SGMO 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 Sangamo Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sangamo Therapeutics investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), CRISPR Therapeutics (CRSP), Novavax (NVAX), Gilead Sciences (GILD) and Brainstorm Cell Therapeutics (BCLI).

This page (NASDAQ:SGMO) was last updated on 9/7/2024 by MarketBeat.com Staff

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