NASDAQ:IGMS IGM Biosciences (IGMS) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free IGMS Stock Alerts $6.75 -0.45 (-6.25%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$6.70▼$7.2550-Day Range$6.75▼$17.3652-Week Range$3.81▼$17.70Volume238,717 shsAverage Volume277,031 shsMarket Capitalization$396.83 millionP/E RatioN/ADividend YieldN/APrice Target$17.44 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get IGM Biosciences alerts: Email Address IGM Biosciences MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside158.4% Upside$17.44 Price TargetShort InterestBearish25.10% of Float Sold ShortDividend StrengthN/ASustainability-1.08Upright™ Environmental ScoreNews Sentiment0.35Based on 12 Articles This WeekInsider TradingAcquiring Shares$3.17 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($3.23) to ($3.03) 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.3.90 out of 5 starsMedical Sector197th out of 909 stocksPharmaceutical Preparations Industry76th out of 422 stocks 3.3 Analyst's Opinion Consensus RatingIGM Biosciences has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageIGM Biosciences has only been the subject of 2 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted25.10% of the float of IGM Biosciences has been sold short.Short Interest Ratio / Days to CoverIGM Biosciences has a short interest ratio ("days to cover") of 18.5, which indicates bearish sentiment.Change versus previous monthShort interest in IGM Biosciences has recently increased by 9.66%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldIGM Biosciences does not currently pay a dividend.Dividend GrowthIGM Biosciences does not have a long track record of dividend growth. Previous Next 4.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIGM Biosciences has received a 71.95% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is false driven by its "Clinical research services for cancer", "Preclinical research services for physical health", and "Clinical research services for infectious diseases" products. See details.Environmental SustainabilityThe Environmental Impact score for IGM Biosciences is -1.08. Previous Next 2.4 News and Social Media Coverage News SentimentIGM Biosciences has a news sentiment score of 0.35. 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 0.48 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 12 news articles for IGM Biosciences this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for IGMS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows2 people have added IGM Biosciences to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, IGM Biosciences insiders have bought 3,814.50% more of their company's stock than they have sold. Specifically, they have bought $3,167,890.00 in company stock and sold $80,927.00 in company stock.Percentage Held by Insiders56.91% of the stock of IGM Biosciences is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.79% of the stock of IGM Biosciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for IGM Biosciences are expected to grow in the coming year, from ($3.23) to ($3.03) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IGM Biosciences is -1.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of IGM Biosciences is -1.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioIGM Biosciences has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGlobal crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project... Here's everything you need to know. 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.Read More IGMS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IGMS Stock News HeadlinesMarch 29, 2024 | insidertrades.comIGM Biosciences, Inc. (NASDAQ:IGMS) Director Acquires $937,690.26 in StockApril 20, 2024 | americanbankingnews.comHC Wainwright Reiterates "Neutral" Rating for IGM Biosciences (NASDAQ:IGMS)April 23, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...April 19, 2024 | finance.yahoo.comIGM Biosciences Insiders Placed Bullish Bets Worth US$992.2kApril 18, 2024 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About IGM BiosciencesApril 18, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Healthcare Stocks: IGM Biosciences (IGMS) and Argenx Se (ARGX)April 17, 2024 | bizjournals.comBig drugmaker's cancer rollback trickles down to another Bay Area companyApril 17, 2024 | finanznachrichten.deIGM Biosciences, Inc.: IGM Biosciences Announces Refocusing of Sanofi CollaborationApril 23, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...April 17, 2024 | markets.businessinsider.comWhy IGM Biosciences Is Rising In Pre-market?April 17, 2024 | finance.yahoo.comIGM Biosciences Announces Refocusing of Sanofi CollaborationApril 17, 2024 | globenewswire.comIGM Biosciences Announces Refocusing of Sanofi CollaborationApril 14, 2024 | americanbankingnews.comIGM Biosciences (NASDAQ:IGMS) Trading Up 2.4%April 10, 2024 | globenewswire.comIGM Biosciences to Present at the Stifel 2024 Virtual Targeted Oncology ForumApril 8, 2024 | finance.yahoo.comIGM Biosciences, Inc. (IGMS)March 19, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Pharvaris (PHVS), Alpine Immune Sciences (ALPN) and IGM Biosciences (IGMS)March 15, 2024 | finance.yahoo.comIGMS Apr 2024 22.500 callMarch 9, 2024 | finance.yahoo.comIGM Biosciences Full Year 2023 Earnings: EPS Beats Expectations, Revenues LagMarch 9, 2024 | finanznachrichten.deIGM Biosciences, Inc.: IGM Biosciences Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate UpdateMarch 8, 2024 | investorplace.comIGMS Stock Earnings: IGM Biosciences Beats EPS, Misses Revenue for Q4 2023March 7, 2024 | stockhouse.comIGM Biosciences Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate UpdateMarch 7, 2024 | msn.comIGM Biosciences GAAP EPS of -$1.01 beats by $0.08, revenue of $0.7M misses by $0.07MMarch 7, 2024 | globenewswire.comIGM Biosciences Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate UpdateFebruary 24, 2024 | msn.comIGM Biosciences (IGMS) Price Target Increased by 9.28% to 21.01February 22, 2024 | benzinga.comIGM Biosciences Stock (NASDAQ:IGMS), Short Interest ReportFebruary 14, 2024 | finance.yahoo.comWall Street Analysts Believe IGM Biosciences, Inc. (IGMS) Could Rally 35.08%: Here's is How to TradeFebruary 12, 2024 | seekingalpha.comIGM Biosciences: Imvotamab Data 2nd Half Of 2024 With Other Inflection PointsSee More Headlines Receive IGMS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for IGM Biosciences and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/07/2024Today4/22/2024Next Earnings (Estimated)5/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:IGMS CUSIPN/A CIK1496323 Webigmbio.com Phone650-965-7873FaxN/AEmployees224Year Founded2010Price Target and Rating Average Stock Price Target$17.44 High Stock Price Target$25.00 Low Stock Price Target$8.00 Potential Upside/Downside+158.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($4.81) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-246,420,000.00 Net Margins-11,568.83% Pretax Margin-11,537.00% Return on Equity-103.20% Return on Assets-53.53% Debt Debt-to-Equity RatioN/A Current Ratio8.18 Quick Ratio8.18 Sales & Book Value Annual Sales$2.13 million Price / Sales186.31 Cash FlowN/A Price / Cash FlowN/A Book Value$3.46 per share Price / Book1.95Miscellaneous Outstanding Shares58,790,000Free Float25,331,000Market Cap$396.83 million OptionableOptionable Beta0.26 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Fred M. Schwarzer J.D. (Age 71)CEO, President & Director Comp: $977.66kDr. Bruce A. Keyt Ph.D. (Age 70)Chief Scientific Officer Comp: $692.95kDr. Chris H. Takimoto FACP (Age 65)M.D., Ph.D., Chief Medical Officer Comp: $684.95kMr. Misbah Tahir (Age 48)Chief Financial Officer Comp: $957.6kMr. TS HarigopalSenior Vice President of Group OperationsMr. Steven Weber (Age 48)Senior VP, Corporate Controller & Principal Accounting Officer Mr. Paul C. GraffagninoSenior Vice President of Legal AffairsMs. Suzette Tauber (Age 60)Chief Human Resources Officer Dr. Angus M. Sinclair Ph.D.Senior Vice President of Immuno-OncologyDr. Lisa L. Decker Ph.D. (Age 54)Chief Business Officer Comp: $528.18kMore ExecutivesKey CompetitorsCOMPASS PathwaysNASDAQ:CMPSApplied TherapeuticsNASDAQ:APLTAltimmuneNASDAQ:ALTPhibro Animal HealthNASDAQ:PAHCArbutus BiopharmaNASDAQ:ABUSView All CompetitorsInsiders & InstitutionsBros. Advisors Lp BakerBought 97,473 shares on 3/28/2024Total: $937,690.26 ($9.62/share)Bros. Advisors Lp BakerBought 270,000 shares on 3/26/2024Total: $2.23 M ($8.26/share)Fred SchwarzerSold 4,765 sharesTotal: $47,078.20 ($9.88/share)Misbah TahirSold 2,897 sharesTotal: $28,622.36 ($9.88/share)Steven WeberSold 529 sharesTotal: $5,226.52 ($9.88/share)View All Insider TransactionsView All Institutional Transactions IGMS Stock Analysis - Frequently Asked Questions Should I buy or sell IGM Biosciences stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IGM Biosciences in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IGMS shares. View IGMS analyst ratings or view top-rated stocks. What is IGM Biosciences' stock price target for 2024? 8 Wall Street research analysts have issued 12 month price targets for IGM Biosciences' shares. Their IGMS share price targets range from $8.00 to $25.00. On average, they expect the company's stock price to reach $17.44 in the next twelve months. This suggests a possible upside of 158.4% from the stock's current price. View analysts price targets for IGMS or view top-rated stocks among Wall Street analysts. How have IGMS shares performed in 2024? IGM Biosciences' stock was trading at $8.31 at the start of the year. Since then, IGMS stock has decreased by 18.8% and is now trading at $6.75. View the best growth stocks for 2024 here. Are investors shorting IGM Biosciences? IGM Biosciences saw a increase in short interest in March. As of March 31st, there was short interest totaling 5,220,000 shares, an increase of 9.7% from the March 15th total of 4,760,000 shares. Based on an average daily trading volume, of 281,700 shares, the days-to-cover ratio is currently 18.5 days. Approximately 25.1% of the shares of the company are short sold. View IGM Biosciences' Short Interest. When is IGM Biosciences' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024. View our IGMS earnings forecast. How were IGM Biosciences' earnings last quarter? IGM Biosciences, Inc. (NASDAQ:IGMS) announced its quarterly earnings results on Thursday, March, 7th. The company reported ($1.01) earnings per share for the quarter, beating analysts' consensus estimates of ($1.06) by $0.05. The business had revenue of $0.65 million for the quarter, compared to analyst estimates of $0.95 million. IGM Biosciences had a negative trailing twelve-month return on equity of 103.20% and a negative net margin of 11,568.83%. What ETFs hold IGM Biosciences' stock? ETFs with the largest weight of IGM Biosciences (NASDAQ:IGMS) stock in their portfolio include Range Cancer Therapeutics ETF (CNCR) and Loncar China Biopharma ETF (CHNA).Virtus LifeSci Biotech Clinical Trials ETF (BBC). What other stocks do shareholders of IGM Biosciences own? Based on aggregate information from My MarketBeat watchlists, some companies that other IGM Biosciences investors own include Pfizer (PFE), Tesla (TSLA), AbbVie (ABBV), ImmunoGen (IMGN), Plug Power (PLUG), Atreca (BCEL), Carnival Co. & (CCL), Cisco Systems (CSCO), Dropbox (DBX) and Energy Transfer (ET). 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 a price of $15.00-$17.00 per share. Jefferies, Piper Jaffray, Stifel and Guggenheim Securities acted 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. 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