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NASDAQ:SGMT

Sagimet Biosciences (SGMT) Stock Price, News & Analysis

Sagimet Biosciences logo
$9.43 -0.40 (-4.06%)
As of 10:40 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Sagimet Biosciences Stock (NASDAQ:SGMT)

Key Stats

Today's Range
$9.26
$9.99
50-Day Range
$2.02
$9.83
52-Week Range
$1.73
$10.43
Volume
316,568 shs
Average Volume
1.07 million shs
Market Capitalization
$289.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.17
Consensus Rating
Moderate Buy

Company Overview

Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional metabolic pathways in the United States. The company's lead drug candidate is Denifanstat, a once-daily pill and selective FASN inhibitor for the treatment of metabolic dysfunction associated steatohepatitis. It also develops TVB-3567, a FASN inhibitor for the treatment of acne; and other oncology programs. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.

Sagimet Biosciences Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
37th Percentile Overall Score

SGMT MarketRank™: 

Sagimet Biosciences scored higher than 37% of companies evaluated by MarketBeat, and ranked 688th out of 931 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Sagimet Biosciences has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Sagimet Biosciences has only been the subject of 1 research reports in the past 90 days.

  • Read more about Sagimet Biosciences' stock forecast and price target.
  • Earnings Growth

    Earnings for Sagimet Biosciences are expected to decrease in the coming year, from ($1.60) to ($4.03) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sagimet Biosciences is -5.37, 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. Sector

    The P/E ratio of Sagimet Biosciences is -5.37, 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 Ratio

    Sagimet Biosciences has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Sagimet Biosciences' valuation and earnings.
  • Percentage of Shares Shorted

    15.50% of the float of Sagimet Biosciences has been sold short.
  • Short Interest Ratio / Days to Cover

    Sagimet Biosciences has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sagimet Biosciences has recently increased by 1.95%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Sagimet Biosciences does not currently pay a dividend.

  • Dividend Growth

    Sagimet Biosciences does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    15.50% of the float of Sagimet Biosciences has been sold short.
  • Short Interest Ratio / Days to Cover

    Sagimet Biosciences has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sagimet Biosciences has recently increased by 1.95%, indicating that investor sentiment is decreasing.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Sagimet Biosciences this week, compared to 2 articles on an average week.
  • Search Interest

    23 people have searched for SGMT on MarketBeat in the last 30 days. This is an increase of 360% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Sagimet Biosciences to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Sagimet Biosciences insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    14.70% of the stock of Sagimet Biosciences is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    87.86% of the stock of Sagimet Biosciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Sagimet Biosciences' insider trading history.
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SGMT Stock News Headlines

Sagimet Biosciences Inc. (SGMT) - Yahoo Finance
Sagimet Biosciences Inc.
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Sagimet Biosciences Analyst Ratings
See More Headlines

SGMT Stock Analysis - Frequently Asked Questions

Sagimet Biosciences' stock was trading at $4.50 at the start of the year. Since then, SGMT stock has increased by 110.6% and is now trading at $9.4750.
View the best growth stocks for 2025 here
.

Sagimet Biosciences Inc. (NASDAQ:SGMT) released its quarterly earnings data on Thursday, May, 8th. The company reported ($0.56) earnings per share for the quarter, beating the consensus estimate of ($0.79) by $0.23.

Sagimet Biosciences (SGMT) raised $85 million in an initial public offering on Friday, July 14th 2023. The company issued 5,312,500 shares at $16.00 per share.

Sagimet Biosciences' top institutional investors include Alyeska Investment Group L.P. (3.89%), OMERS ADMINISTRATION Corp (0.28%), American Century Companies Inc. (0.13%) and NewEdge Advisors LLC (0.11%). Insiders that own company stock include Enterprise Associates 13 L New, David Happel, Elizabeth Rozek, George Kemble and Eduardo Bruno Martins.
View institutional ownership trends
.

Shares of SGMT 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Sagimet Biosciences investors own include XPeng (XPEV), Iovance Biotherapeutics (IOVA), Taiwan Semiconductor Manufacturing (TSM), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM) and Tenet Healthcare (THC).

Company Calendar

Last Earnings
5/08/2025
Today
6/25/2025
Next Earnings (Estimated)
8/13/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Medical
Industry
MED - BIOMED/GENE
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:SGMT
Fax
N/A
Employees
8
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.17
High Stock Price Target
$32.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+135.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$45.57 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$2 million
Price / Cash Flow
N/A
Book Value
$5.08 per share
Price / Book
1.94

Miscellaneous

Free Float
26,166,000
Market Cap
$301.49 million
Optionable
Optionable
Beta
2.21
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This page (NASDAQ:SGMT) was last updated on 6/25/2025 by MarketBeat.com Staff
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