Top-Rated StocksTop-RatedNASDAQ:IMVT Immunovant (IMVT) Stock Price, News & Analysis → Elon Musk’s Next Move Will Disrupt AI Forever (From InvestorPlace) (Ad) Free IMVT Stock Alerts $29.79 -0.09 (-0.30%) (As of 11:15 AM ET) Add Compare Share Share Today's Range$28.97▼$30.1650-Day Range$27.17▼$33.9752-Week Range$17.53▼$45.58Volume316,612 shsAverage Volume1.18 million shsMarket Capitalization$4.33 billionP/E RatioN/ADividend YieldN/APrice Target$48.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Immunovant alerts: Email Address Immunovant MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside61.3% Upside$48.00 Price TargetShort InterestBearish14.80% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.94Based on 5 Articles This WeekInsider TradingSelling Shares$2.42 M Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($1.70) to ($1.82) 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.2.57 out of 5 starsMedical Sector1419th out of 2,771 stocksBiological Products, Except Diagnostic Industry196th out of 462 stocks 4.5 Analyst's Opinion Consensus RatingImmunovant has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 17 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageImmunovant has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Immunovant's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted14.80% of the float of Immunovant has been sold short.Short Interest Ratio / Days to CoverImmunovant has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in Immunovant has recently increased by 5.29%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldImmunovant does not currently pay a dividend.Dividend GrowthImmunovant does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IMVT. Previous Next 3.3 News and Social Media Coverage News SentimentImmunovant has a news sentiment score of 0.94. 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 higher news sentiment than the 0.57 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Immunovant this week, compared to 4 articles on an average week.Search InterestOnly 17 people have searched for IMVT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows8 people have added Immunovant to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Immunovant insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,424,601.00 in company stock.Percentage Held by InsidersOnly 4.80% of the stock of Immunovant is held by insiders.Percentage Held by Institutions47.08% of the stock of Immunovant is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Immunovant's insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Immunovant are expected to decrease in the coming year, from ($1.70) to ($1.82) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Immunovant is -16.17, 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 Immunovant is -16.17, 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 RatioImmunovant has a P/B Ratio of 10.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Immunovant's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceHow to Make 100X on the AI BoomFor over four decades, Louis Navellier has found the very best tech stocks... Before the rest of the market.Click for his six specific AI stock in the crosshairs 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.Read More IMVT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IMVT Stock News HeadlinesApril 27, 2024 | insidertrades.comImmunovant, Inc. (NASDAQ:IMVT) Insider Sells $94,242.90 in StockApril 27, 2024 | insidertrades.comImmunovant, Inc. (NASDAQ:IMVT) CTO Sells $209,207.10 in StockApril 21, 2024 | insidertrades.comJulia G. Butchko Sells 10,115 Shares of Immunovant, Inc. (NASDAQ:IMVT) StockMay 8, 2024 | americanbankingnews.comImmunovant, Inc. (NASDAQ:IMVT) Receives Consensus Rating of "Buy" from BrokeragesMay 7, 2024 | seekingalpha.comargenx: Innovation Over Losses In Autoimmune ArenaMay 7, 2024 | finance.yahoo.comZacks Industry Outlook Highlights BioMarin, Blueprint Medicines, Immunovant, Kymera and LigandApril 28, 2024 | investing.comImmunovant CTO sells shares worth over $209k to cover taxesApril 24, 2024 | finance.yahoo.comShould You Hold Immunovant (IMVT)?April 22, 2024 | markets.businessinsider.comBuy Rating Affirmed for Immunovant on Strong Drug Development Prospects and Efficacy ConfidenceApril 20, 2024 | investing.comImmunovant CFO sells shares worth over $350kApril 16, 2024 | finance.yahoo.comImmunovant, Inc. (IMVT) Stock Historical Prices & Data - Yahoo FinanceApril 15, 2024 | nasdaq.comImmunovant is Now Oversold (IMVT)April 12, 2024 | investing.comImmunovant CEO sells over $149,000 in company stockApril 4, 2024 | seekingalpha.comImmunovant: Strategic Edge In The Autoimmune Sector (Rating Upgrade)March 25, 2024 | investorplace.comWall Street's Favorite Biotech Stocks? 3 Names That Could Make You Filthy RichMarch 22, 2024 | markets.businessinsider.comBuy Rating for Immunovant Amidst Strong Market Position and Promising Batoclimab TrialsMarch 12, 2024 | finanznachrichten.deImmunovant Inc.: Immunovant Awarded U.S. Patent for IMVT-1402March 12, 2024 | globenewswire.comImmunovant Awarded U.S. Patent for IMVT-1402March 11, 2024 | finance.yahoo.comIMVT Jul 2024 30.000 callMarch 11, 2024 | finance.yahoo.comIMVT Mar 2024 40.000 callMarch 10, 2024 | finance.yahoo.comIMVT Mar 2024 32.000 callMarch 10, 2024 | finance.yahoo.comIMVT Apr 2024 45.000 putMarch 10, 2024 | finance.yahoo.comIMVT Jan 2025 12.500 putMarch 10, 2024 | finance.yahoo.comIMVT Mar 2024 29.000 putMarch 9, 2024 | finance.yahoo.comIMVT Mar 2024 37.500 putSee More Headlines Receive IMVT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Immunovant and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/12/2024Today5/14/2024Next Earnings (Estimated)5/27/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:IMVT CUSIPN/A CIK1764013 Webwww.immunovant.com Phone917-580-3099FaxN/AEmployees164Year FoundedN/APrice Target and Rating Average Stock Price Target$48.00 High Stock Price Target$57.00 Low Stock Price Target$32.00 Potential Upside/Downside+60.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)($1.84) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-210,960,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-57.97% Return on Assets-52.47% Debt Debt-to-Equity RatioN/A Current Ratio22.14 Quick Ratio22.14 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$2.78 per share Price / Book10.75Miscellaneous Outstanding Shares145,290,000Free Float138,319,000Market Cap$4.34 billion OptionableOptionable Beta0.70 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesDr. Frank M. Torti M.B.A. (Age 45)M.D., Executive Chairperson of the Board Comp: $92.5kDr. Peter Salzmann M.B.A. (Age 55)M.D., CEO & Director Comp: $1.02MMs. Eva Renee Barnett M.B.A. (Age 44)Chief Financial Officer Comp: $871.07kDr. William L. Macias M.D. (Age 66)Ph.D., Chief Medical Officer Comp: $719.88kDr. Jay S. Stout Ph.D. (Age 61)Chief Technology Officer Dr. Chau Cheng M.B.A.Ph.D., Vice President of Investor RelationsMr. Mark S. Levine (Age 51)Chief Legal Officer & Corporate Secretary Ms. Lauren Schrier M.B.A.Vice President of MarketingMs. Christine BlodgettVice President of Human ResourcesDr. Julia G. Butchko Ph.D. (Age 53)Chief Development Officer Comp: $531kMore ExecutivesKey CompetitorsKrystal BiotechNASDAQ:KRYSIovance BiotherapeuticsNASDAQ:IOVACRISPR TherapeuticsNASDAQ:CRSPSpringWorks TherapeuticsNASDAQ:SWTXHalozyme TherapeuticsNASDAQ:HALOView All CompetitorsInsiders & InstitutionsPlatinum Investment Management Ltd.Sold 38,109 shares on 5/14/2024Ownership: 0.131%CANADA LIFE ASSURANCE CoBought 6,344 shares on 5/14/2024Ownership: 0.008%Seven Eight Capital LPSold 32,491 shares on 5/13/2024Ownership: 0.046%Hillsdale Investment Management Inc.Bought 8,200 shares on 5/11/2024Ownership: 0.069%Vanguard Group Inc.Bought 650,506 shares on 5/10/2024Ownership: 4.459%View All Insider TransactionsView All Institutional Transactions IMVT Stock Analysis - Frequently Asked Questions Should I buy or sell Immunovant stock right now? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immunovant in the last year. There are currently 17 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 1-year price targets for Immunovant's stock. Their IMVT share price targets range from $32.00 to $57.00. On average, they predict the company's stock price to reach $48.00 in the next twelve months. This suggests a possible upside of 61.3% 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 shares have decreased by 29.4% and is now trading at $29.76. View the best growth stocks for 2024 here. 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 earnings results on Monday, February, 12th. The company reported ($0.36) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.43) by $0.07. What ETFs hold Immunovant's stock? ETFs with the largest weight of Immunovant (NASDAQ:IMVT) stock in their portfolio include SPDR S&P Biotech ETF (XBI), Principal Healthcare Innovators ETF (BTEC), Direxion Daily S&P Biotech Bull 3x Shares (LABU) and Invesco Nasdaq Biotechnology ETF (IBBQ).ProShares Ultra Nasdaq Biotechnology (BIB). 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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.46%), Lord Abbett & CO. LLC (0.43%), Principal Financial Group Inc. (0.40%), Platinum Investment Management Ltd. (0.13%), Russell Investments Group Ltd. (0.12%) and WCM Investment Management LLC (0.12%). Insiders that own company stock include Atul Pande, Douglas J Hughes, Eva Renee Barnett, Frank Torti, George V Migausky, Jay S Stout, Julia G Butchko, Mark S Levine, Michael Geffner, 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. 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