Ligand Pharmaceuticals (LGND) Stock Price, News & Analysis

Company Overview

Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, engages in the development and licensing of biopharmaceutical assets worldwide. Its commercial programs include Kyprolis and Evomela, which are used to treat multiple myeloma; Rylaze, a recombinant erwinia asparaginase for the treatment of acute lymphoblastic leukemia or lymphoblastic lymphoma in adult and pediatric patients; Filspari, a dual endothelin and angiotensin II receptor antagonist in development for rare kidney diseases and non-immunosuppressive treatment indicated for immunoglobulin A nephropathy; Teriparatide injection product for osteoporosis; Vaxneuvance for the prevention of invasive disease caused by streptococcus pneumoniae serotypes; and Pneumosil, a pneumococcal conjugate vaccine to help fight against pneumococcal pneumonia among children. The company also offers TZIELD, a CD3-directed antibody indicated to delay the onset of Stage 3 type 1 diabetes (T1D) in adults and children aged 8 years and older with Stage 2 T1D; Nexterone, a captisol-enabled formulation of amiodarone; Zulresso, a captisol-enabled formulation of brexanolone for the treatment of postpartum depression; and Veklury, an antiviral treatment for moderate or severe COVID-19. In addition, it provides Noxafil-IV, a captisol-enabled formulation of posaconazole for IV use; Duavee for the treatment of post-menopausal symptoms in women; Exemptia for autoimmune diseases; Vivitra for breast cancer; and Bryxta and Zybev for various indications. The company has alliances, licenses, and other business relationships with Amgen, Merck, Pfizer, Jazz, Takeda, Gilead Sciences, and Baxter International. Further, it sells Captisol materials. Ligand Pharmaceuticals Incorporated was incorporated in 1987 and is based in Jupiter, Florida.

Key Stats

• Today's Range: $129.55 to $133.19
• 50-Day Range: $100.19 to $141.12
• 52-Week Range: $90.29 to $143.13
• Volume: 155,992 shs
• Average Volume: 192,647 shs
• Market Capitalization: $2.56 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $150.00
• Consensus Rating: Buy

Ligand Pharmaceuticals Stock Analysis - MarketRank™

Ligand Pharmaceuticals scored higher than 84% of companies evaluated by MarketBeat, and ranked 150th out of 919 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Ligand Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ligand Pharmaceuticals has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 114.45%

Earnings Growth

Earnings for Ligand Pharmaceuticals are expected to grow by 114.45% in the coming year, from $1.73 to $3.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ligand Pharmaceuticals is -18.64, 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 Ligand Pharmaceuticals is -18.64, 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

Ligand Pharmaceuticals has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.38% of the outstanding shares of Ligand Pharmaceuticals have been sold short.

Short Interest Ratio / Days to Cover

Ligand Pharmaceuticals has a short interest ratio ("days to cover") of 8.7.

Change versus previous month

Short interest in Ligand Pharmaceuticals has recently increased by 3.36%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ligand Pharmaceuticals does not currently pay a dividend.

Dividend Growth

Ligand Pharmaceuticals does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.4 / 5
• Environmental Score: -1.57

Percentage of Shares Shorted

6.38% of the outstanding shares of Ligand Pharmaceuticals have been sold short.

Short Interest Ratio / Days to Cover

Ligand Pharmaceuticals has a short interest ratio ("days to cover") of 8.7.

Change versus previous month

Short interest in Ligand Pharmaceuticals has recently increased by 3.36%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.32

News Sentiment

Ligand Pharmaceuticals has a news sentiment score of 1.32. 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 0.46 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Ligand Pharmaceuticals this week, compared to 6 articles on an average week.

Search Interest

2 people have searched for LGND on MarketBeat in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Ligand Pharmaceuticals insiders have bought 245.17% more of their company's stock than they have sold. Specifically, they have bought $1,156,542.00 in company stock and sold $335,060.00 in company stock.

Percentage Held by Insiders

Only 7.00% of the stock of Ligand Pharmaceuticals is held by insiders.

Percentage Held by Institutions

91.28% of the stock of Ligand Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LGND Stock Analysis - Frequently Asked Questions

How have LGND shares performed this year?

Ligand Pharmaceuticals' stock was trading at $107.15 on January 1st, 2025. Since then, LGND shares have increased by 23.9% and is now trading at $132.72.

How were Ligand Pharmaceuticals' earnings last quarter?

Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) released its quarterly earnings data on Thursday, May, 8th. The biotechnology company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.10. The biotechnology company earned $45.33 million during the quarter, compared to analysts' expectations of $37.84 million. Ligand Pharmaceuticals had a negative trailing twelve-month return on equity of 7.83% and a negative net margin of 73.07%.
Read the conference call transcript.

Who are Ligand Pharmaceuticals' major shareholders?

Top institutional investors of Ligand Pharmaceuticals include Congress Asset Management Co. (3.36%), Stephens Investment Management Group LLC (3.13%), Chicago Capital LLC (2.96%) and Villere ST Denis J & Co. LLC (1.49%). Insiders that own company stock include John L Higgins, Todd C Davis, Matthew E Korenberg, John W Kozarich, Andrew Reardon, John L Lamattina, Stephen L Sabba, Octavio Espinoza and Nancy Ryan Gray.
View institutional ownership trends.

How do I buy shares of Ligand Pharmaceuticals?

Shares of LGND 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.

What other stocks do shareholders of Ligand Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ligand Pharmaceuticals investors own include NVIDIA (NVDA), Invesco QQQ (QQQ), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX) and Palo Alto Networks (PANW).

Company Calendar

• Last Earnings: 5/08/2025
• Today: 8/03/2025
• Next Earnings (Estimated): 8/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: MED - BIOMED/GENE
• Sub-Industry: Biotechnology
• Current Symbol: NASDAQ:LGND
• CIK: 886163
• Web: www.ligand.com
• Phone: (858) 550-7500
• Fax: 858-550-1826
• Employees: 80
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ligand Pharmaceuticals: $150.00
• High Price Target: $162.00
• Low Price Target: $135.00
• Potential Upside/Downside: +13.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($7.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 76.72
• P/E Growth: N/A
• Net Income: -$4.03 million
• Net Margins: -73.07%
• Pretax Margin: -88.77%
• Return on Equity: -7.83%
• Return on Assets: -6.92%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.27
• Quick Ratio: 5.02

Sales & Book Value

• Annual Sales: $167.13 million
• Price / Sales: 15.32
• Cash Flow: $1.61 per share
• Price / Cash Flow: 82.60
• Book Value: $43.95 per share
• Price / Book: 3.02

Miscellaneous

• Outstanding Shares: 19,290,000
• Free Float: 17,943,000
• Market Cap: $2.56 billion
• Optionable: Optionable
• Beta: 0.85