NASDAQ:IGMS

IGM Biosciences (IGMS) Stock Price, News & Analysis

$6.93
-1.03 (-12.94%)
(As of 12:28 PM ET)
Today's Range
$6.39
$7.76
50-Day Range
$6.75
$17.36
52-Week Range
$3.81
$17.70
Volume
287,126 shs
Average Volume
283,760 shs
Market Capitalization
$407.41 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.44

IGM Biosciences MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
151.0% Upside
$17.44 Price Target
Short Interest
Bearish
25.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.08
Upright™ Environmental Score
News Sentiment
0.17mentions of IGM Biosciences in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$3.17 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($3.24) to ($2.98) 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.

3.91 out of 5 stars

Medical Sector

194th out of 907 stocks

Pharmaceutical Preparations Industry

74th out of 422 stocks

IGMS stock logo

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.

IGMS Stock Price History

IGMS Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
What 5 Analyst Ratings Have To Say About IGM Biosciences
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Why IGM Biosciences Is Rising In Pre-market?
IGM Biosciences, Inc. (IGMS)
IGMS Apr 2024 22.500 call
RBC Capital upgrades IGM Biosciences to outperform
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
4/25/2024
Next Earnings (Estimated)
5/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:IGMS
Fax
N/A
Employees
224
Year Founded
2010

Price Target and Rating

Average Stock Price Target
$17.44
High Stock Price Target
$25.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+151.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-246,420,000.00
Net Margins
-11,568.83%
Pretax Margin
-11,537.00%

Debt

Sales & Book Value

Annual Sales
$2.13 million
Book Value
$3.46 per share

Miscellaneous

Free Float
25,331,000
Market Cap
$408.59 million
Optionable
Optionable
Beta
0.26

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Key Executives

  • Mr. Fred M. Schwarzer J.D. (Age 71)
    CEO, President & Director
    Comp: $977.66k
  • Dr. Bruce A. Keyt Ph.D. (Age 70)
    Chief Scientific Officer
    Comp: $692.95k
  • Dr. Chris H. Takimoto FACP (Age 65)
    M.D., Ph.D., Chief Medical Officer
    Comp: $684.95k
  • Mr. Misbah Tahir (Age 48)
    Chief Financial Officer
    Comp: $957.6k
  • Mr. TS Harigopal
    Senior Vice President of Group Operations
  • Mr. Steven Weber (Age 48)
    Senior VP, Corporate Controller & Principal Accounting Officer
  • Mr. Paul C. Graffagnino
    Senior Vice President of Legal Affairs
  • Ms. Suzette Tauber (Age 60)
    Chief Human Resources Officer
  • Dr. Angus M. Sinclair Ph.D.
    Senior Vice President of Immuno-Oncology
  • Dr. Lisa L. Decker Ph.D. (Age 54)
    Chief Business Officer
    Comp: $528.18k

IGMS Stock Analysis - Frequently Asked Questions

Should I buy or sell IGM Biosciences stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IGM Biosciences in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 12 month price targets for IGM Biosciences' stock. 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 year. This suggests a possible upside of 151.0% 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 on January 1st, 2024. Since then, IGMS shares have decreased by 16.4% and is now trading at $6.95.
View the best growth stocks for 2024 here
.

Are investors shorting IGM Biosciences?

IGM Biosciences saw a increase in short interest in the month of 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 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) posted its quarterly earnings data on Thursday, March, 7th. The company reported ($1.01) EPS for the quarter, beating the consensus estimate of ($1.06) by $0.05. The company earned $0.65 million during the quarter, compared to the consensus estimate of $0.95 million. IGM Biosciences had a negative net margin of 11,568.83% and a negative trailing twelve-month return on equity of 103.20%.

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 $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.

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

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