NASDAQ:IGMS

IGM Biosciences (IGMS) Stock Price, News & Analysis

$9.27
0.00 (0.00%)
(As of 02:24 PM ET)
Today's Range
$9.18
$9.84
50-Day Range
$6.75
$12.51
52-Week Range
$3.81
$17.70
Volume
96,663 shs
Average Volume
283,624 shs
Market Capitalization
$544.98 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.89

IGM Biosciences MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
93.0% Upside
$17.89 Price Target
Short Interest
Bearish
29.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.08
Upright™ Environmental Score
News Sentiment
0.36mentions of IGM Biosciences in the last 14 days
Based on 13 Articles This Week
Insider Trading
Acquiring Shares
$3.17 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($3.22) to ($3.07) 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.

3.98 out of 5 stars

Medical Sector

579th out of 2,771 stocks

Pharmaceutical Preparations Industry

239th out of 1,288 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

IGM Biosciences (NASDAQ:IGMS) Rating Reiterated by Wedbush
Wedbush Keeps Their Buy Rating on IGM Biosciences (IGMS)
What 5 Analyst Ratings Have To Say About IGM Biosciences
Why IGM Biosciences Is Rising In Pre-market?
IGM Biosciences, Inc. (IGMS)
IGMS Apr 2024 22.500 call
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
5/14/2024
Next Earnings (Estimated)
8/01/2024
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
$17.89
High Stock Price Target
$25.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+93.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-246,420,000.00
Net Margins
-11,255.25%
Pretax Margin
-11,227.17%

Debt

Sales & Book Value

Annual Sales
$2.13 million
Book Value
$3.46 per share

Miscellaneous

Free Float
25,331,000
Market Cap
$544.98 million
Optionable
Optionable
Beta
0.27

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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 research 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 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 1-year price targets for IGM Biosciences' stock. Their IGMS share price targets range from $8.00 to $25.00. On average, they predict the company's stock price to reach $17.89 in the next twelve months. This suggests a possible upside of 93.0% 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 at the beginning of the year. Since then, IGMS stock has increased by 11.6% and is now trading at $9.27.
View the best growth stocks for 2024 here
.

When is IGM Biosciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our IGMS earnings forecast
.

How were IGM Biosciences' earnings last quarter?

IGM Biosciences, Inc. (NASDAQ:IGMS) issued its quarterly earnings data on Thursday, March, 7th. The company reported ($1.01) EPS 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 analysts' expectations of $0.95 million. IGM Biosciences had a negative trailing twelve-month return on equity of 108.07% and a negative net margin of 11,255.25%.

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 initial public offering 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 served as the underwriters for the IPO.

Who are IGM Biosciences' major shareholders?

IGM Biosciences' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.45%) and Susquehanna Fundamental Investments LLC (0.05%). Insiders that own company stock include Bros Advisors Lp Baker, Bruce Keyt, Chris H Takimoto, Daniel Shinyu Chen, Fred Schwarzer, George Gauthier, Jakob Haldor Topsoe, Julie Hambleton, M Kathleen Behrens, Michael D Loberg, Misbah Tahir and Steven Weber.
View institutional ownership trends
.

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 5/14/2024 by MarketBeat.com Staff

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