Immunovant (IMVT) Stock Price, News & Analysis

$27.90
-0.90 (-3.13%)
(As of 03:34 PM ET)
Today's Range
$27.44
$28.52
50-Day Range
$28.22
$38.36
52-Week Range
$15.90
$45.58
Volume
822,123 shs
Average Volume
1.22 million shs
Market Capitalization
$4.05 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$48.00

Immunovant MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
71.6% Upside
$48.00 Price Target
Short Interest
Healthy
14.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of Immunovant in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$2.24 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.70) to ($1.82) 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.

2.99 out of 5 stars

Medical Sector

430th out of 907 stocks

Biological Products, Except Diagnostic Industry

62nd out of 153 stocks

IMVT stock logo

About Immunovant Stock (NASDAQ:IMVT)

Immunovant, Inc., a clinical-stage biopharmaceutical company, develops monoclonal antibodies for the treatment of autoimmune diseases. It develops batoclimab, a novel fully human monoclonal antibody that target the neonatal fragment crystallizable receptor for the treatment of myasthenia gravis, thyroid eye disease, chronic inflammatory demyelinating polyneuropathy, and Graves diseases, as well as warm autoimmune hemolytic anemia. The company is headquartered in New York, New York. Immunovant, Inc. operates as a subsidiary of Roivant Sciences Ltd.

IMVT Stock Price History

IMVT Stock News Headlines

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When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
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Immunovant CFO sells shares worth over $350k
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Immunovant is Now Oversold (IMVT)
Immunovant Awarded U.S. Patent for IMVT-1402
IMVT Jul 2024 30.000 call
IMVT Mar 2024 40.000 call
IMVT Mar 2024 32.000 call
IMVT Apr 2024 45.000 put
IMVT Jan 2025 12.500 put
IMVT Mar 2024 29.000 put
IMVT Mar 2024 37.500 put
IMVT Mar 2024 37.000 call
IMVT Mar 2024 32.000 put
IMVT Mar 2024 33.000 put
See More Headlines
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Company Calendar

Last Earnings
2/12/2024
Today
4/25/2024
Next Earnings (Estimated)
5/27/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:IMVT
Fax
N/A
Employees
164
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$48.00
High Stock Price Target
$57.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+66.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
17 Analysts

Profitability

Net Income
$-210,960,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$2.78 per share

Miscellaneous

Free Float
138,319,000
Market Cap
$4.18 billion
Optionable
Optionable
Beta
0.65
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IMVT Stock Analysis - Frequently Asked Questions

Should I buy or sell Immunovant stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Immunovant in the last twelve months. There are currently 17 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IMVT shares.
View IMVT analyst ratings
or view top-rated stocks.

What is Immunovant's stock price target for 2024?

17 brokerages have issued 12 month target prices for Immunovant's shares. Their IMVT share price targets range from $32.00 to $57.00. On average, they expect the company's share price to reach $48.00 in the next year. This suggests a possible upside of 71.6% from the stock's current price.
View analysts price targets for IMVT
or view top-rated stocks among Wall Street analysts.

How have IMVT shares performed in 2024?

Immunovant's stock was trading at $42.13 at the beginning of 2024. Since then, IMVT stock has decreased by 33.6% and is now trading at $27.97.
View the best growth stocks for 2024 here
.

Are investors shorting Immunovant?

Immunovant saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 8,510,000 shares, a decline of 5.7% from the March 31st total of 9,020,000 shares. Based on an average trading volume of 1,150,000 shares, the days-to-cover ratio is currently 7.4 days. Approximately 14.1% of the shares of the stock are short sold.
View Immunovant's Short Interest
.

When is Immunovant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 27th 2024.
View our IMVT earnings forecast
.

How were Immunovant's earnings last quarter?

Immunovant, Inc. (NASDAQ:IMVT) announced its quarterly earnings data on Monday, February, 12th. The company reported ($0.36) EPS for the quarter, topping the consensus estimate of ($0.43) by $0.07.

What ETFs hold Immunovant's stock?
What other stocks do shareholders of Immunovant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Immunovant investors own include Salesforce (CRM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Walt Disney (DIS), Fulcrum Therapeutics (FULC), Myovant Sciences (MYOV), Alibaba Group (BABA), Inovio Pharmaceuticals (INO), JD.com (JD) and Johnson & Johnson (JNJ).

Who are Immunovant's major shareholders?

Immunovant's stock is owned by many different retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.07%), Allspring Global Investments Holdings LLC (0.04%), Simplex Trading LLC (0.00%) and Los Angeles Capital Management LLC (0.01%). Insiders that own company stock include Atul Pande, Douglas J Hughes, Eva Renee Barnett, Frank Torti, George V Migausky, Julia G Butchko, Mark S Levine, Peter Salzmann, Sciences Ltd Roivant and William L Macias.
View institutional ownership trends
.

How do I buy shares of Immunovant?

Shares of IMVT 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.

This page (NASDAQ:IMVT) was last updated on 4/25/2024 by MarketBeat.com Staff

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