NASDAQ:SGMT Sagimet Biosciences (SGMT) Stock Price, News & Analysis → Elon Musk Secret Crypto Plot Exposed (From Crypto 101 Media) (Ad) Free sgmt Stock Alerts $4.44 +0.11 (+2.54%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$4.04▼$4.4450-Day Range$3.90▼$6.6752-Week Range$2.13▼$20.71Volume312,812 shsAverage Volume1.35 million shsMarket Capitalization$141.68 millionP/E RatioN/ADividend YieldN/APrice Target$39.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Sagimet Biosciences alerts: Email Address Sagimet Biosciences MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside791.9% Upside$39.60 Price TargetShort InterestHealthy12.02% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.58Based on 12 Articles This WeekInsider TradingAcquiring Shares$63,767 Bought Last QuarterProj. Earnings GrowthDecreasingFrom ($2.17) to ($3.96) 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.3.30 out of 5 starsMedical Sector300th out of 905 stocksPharmaceutical Preparations Industry129th out of 422 stocks 3.5 Analyst's Opinion Consensus RatingSagimet Biosciences has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSagimet Biosciences has only been the subject of 4 research reports in the past 90 days.Read more about Sagimet Biosciences' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted12.02% of the float of Sagimet Biosciences has been sold short.Short Interest Ratio / Days to CoverSagimet Biosciences has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sagimet Biosciences has recently decreased by 11.91%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSagimet Biosciences does not currently pay a dividend.Dividend GrowthSagimet Biosciences 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 SGMT. Previous Next 3.1 News and Social Media Coverage News SentimentSagimet Biosciences has a news sentiment score of 0.58. 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 0.36 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Sagimet Biosciences this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for SGMT on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat Follows8 people have added Sagimet Biosciences to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sagimet Biosciences insiders have bought more of their company's stock than they have sold. Specifically, they have bought $63,767.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders17.60% 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 Institutions87.86% 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. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Sagimet Biosciences are expected to decrease in the coming year, from ($2.17) to ($3.96) per share.Price to Book Value per Share RatioSagimet Biosciences has a P/B Ratio of 1.12. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressAI “wealth window” is closing June 25thToday, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.I put together this personal video [HERE]… About Sagimet Biosciences Stock (NASDAQ:SGMT)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.Read More SGMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SGMT Stock News HeadlinesMay 7, 2024 | finance.yahoo.comSagimet Announces Oral Presentation of Data from the Phase 2b FASCINATE-2 Study of Denifanstat in MASH at EASL International Liver Congress 2024May 6, 2024 | marketwatch.comSagimet Biosciences Names Thierry Chauche Chief Financial OfficerMay 8, 2024 | Banyan Hill Publishing (Ad)READ THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”May 6, 2024 | finanznachrichten.deSagimet Biosciences Inc.: Sagimet Biosciences Announces Appointment of Thierry Chauche as Chief Financial OfficerMay 6, 2024 | globenewswire.comSagimet Biosciences Announces Appointment of Thierry Chauche as Chief Financial OfficerMay 6, 2024 | americanbankingnews.comSagimet Biosciences (NASDAQ:SGMT) Now Covered by HC WainwrightMay 6, 2024 | americanbankingnews.comSagimet Biosciences Inc. Expected to Post Q1 2024 Earnings of ($0.41) Per Share (NASDAQ:SGMT)May 2, 2024 | msn.comHC Wainwright & Co. Initiates Coverage of Sagimet Biosciences (SGMT) with Buy RecommendationMay 8, 2024 | Banyan Hill Publishing (Ad)READ THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”April 22, 2024 | globenewswire.comSagimet Biosciences to Host Virtual Investor and Analyst Day on Inhibiting Fatty Acid Synthase (FASN) to Reduce Liver Fat, Inflammation and Fibrosis in MASH on May 3, 2024March 28, 2024 | finance.yahoo.comSagimet Biosciences Inc (SGMT) Reports Full Year 2023 Financial Results: A Close LookMarch 27, 2024 | globenewswire.comSagimet Biosciences Announces Completion of Phase 1 Hepatic Impairment Study with FASN Inhibitor DenifanstatMarch 25, 2024 | markets.businessinsider.comStrong Buy Recommendation: Sagimet Biosciences’ Unique NASH Drug and Solid Financials Signal Market Growth PotentialMarch 25, 2024 | markets.businessinsider.comSagimet Biosciences: Strong Buy on Robust Financials and Promising NASH Drug TrialsMarch 25, 2024 | msn.comSagimet Biosciences GAAP EPS of -$2.66 beats by $34.65, revenue of $2M in-lineMarch 25, 2024 | globenewswire.comSagimet Biosciences Announces Appointment of Tim Walbert and Paul Hoelscher to its Board of DirectorsMarch 25, 2024 | globenewswire.comSagimet Biosciences Reports Full Year 2023 Financial Results and Provides Corporate UpdatesFebruary 29, 2024 | globenewswire.comSagimet Biosciences to Participate in Two Upcoming Investor ConferencesFebruary 25, 2024 | benzinga.comSagimet Biosciences Stock (NASDAQ:SGMT) Dividends: History, Yield and DatesFebruary 24, 2024 | msn.comSagimet Biosciences (SGMT) Price Target Increased by 17.19% to 51.00February 23, 2024 | finance.yahoo.comPainful week for retail investors invested in Sagimet Biosciences Inc. (NASDAQ:SGMT) after 22% drop, institutions also suffered lossesFebruary 17, 2024 | morningstar.comSagimet Biosciences Inc Class A Shares SGMTFebruary 7, 2024 | markets.businessinsider.comBuy Rating Affirmed for Sagimet Biosciences as Phase 2b Results of Denifanstat Outshine CompetitorsFebruary 6, 2024 | realmoney.thestreet.comSagimet Biosciences price target lowered by $1 at JMP Securities, here's whyFebruary 6, 2024 | finance.yahoo.comSteven Cohen's Point72 Asset Management Acquires New Stake in Sagimet Biosciences IncFebruary 3, 2024 | msn.comSagimet Biosciences Announces Interim CFO AppointmentJanuary 30, 2024 | uk.finance.yahoo.comSagimet Biosciences Inc. (SGMT)See More Headlines Receive SGMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sagimet Biosciences and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/21/2023Today5/08/2024Next Earnings (Estimated)6/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:SGMT CUSIPN/A CIK1400118 Websagimet.com Phone650-561-8600FaxN/AEmployees8Year FoundedN/APrice Target and Rating Average Stock Price Target$39.60 High Stock Price Target$67.00 Low Stock Price Target$26.00 Potential Upside/Downside+791.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio17.09 Quick Ratio17.09 Sales & Book Value Annual Sales$2 million Price / Sales70.84 Cash FlowN/A Price / Cash FlowN/A Book Value$3.98 per share Price / Book1.12Miscellaneous Outstanding Shares31,910,000Free Float26,297,000Market Cap$141.68 million OptionableNot Optionable BetaN/A A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesDr. George W. Kemble Ph.D. (Age 62)Executive Chairman of the Board Comp: $484kMr. David A. Happel (Age 62)CEO, President & Director Comp: $836.18kDr. Eduardo Bruno Martins DPhil (Age 61)M.D., Ph.D., Chief Medical Officer Comp: $649.33kMr. Urs Greber Ph.D.Co-FounderDr. Lucas Pelkmans Ph.D.Co-FounderMr. Joseph Oriti (Age 44)Interim Principal Financial Officer & Interim Principal Accounting Officer Ms. Elizabeth Rozek Esq. (Age 52)J.D., General Counsel & Chief Compliance Officer Dr. Marie O'Farrell Ph.D.Senior Vice President of Research & DevelopmentMore ExecutivesKey CompetitorsRepare TherapeuticsNASDAQ:RPTXInterCureNASDAQ:INCRSyros PharmaceuticalsNASDAQ:SYRSPDS BiotechnologyNASDAQ:PDSBAmylyx PharmaceuticalsNASDAQ:AMLXView All CompetitorsInsiders & InstitutionsDavid HappelBought 12,100 shares on 3/26/2024Total: $63,767.00 ($5.27/share)Platinum Investment Management Ltd.Sold 272,161 shares on 2/14/2024Ownership: 0.523%David HappelBought 590 shares on 11/16/2023Total: $1,386.50 ($2.35/share)Enterprise Associates 13 L NewBought 30,000 shares on 7/18/2023Total: $480,000.00 ($16.00/share)Beth C SeidenbergBought 46,875 shares on 7/18/2023Total: $750,000.00 ($16.00/share)View All Insider TransactionsView All Institutional Transactions SGMT Stock Analysis - Frequently Asked Questions Should I buy or sell Sagimet Biosciences stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sagimet Biosciences in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SGMT shares. View SGMT analyst ratings or view top-rated stocks. What is Sagimet Biosciences' stock price target for 2024? 7 brokerages have issued 12-month price targets for Sagimet Biosciences' shares. Their SGMT share price targets range from $26.00 to $67.00. On average, they predict the company's share price to reach $39.60 in the next year. This suggests a possible upside of 791.9% from the stock's current price. View analysts price targets for SGMT or view top-rated stocks among Wall Street analysts. How have SGMT shares performed in 2024? Sagimet Biosciences' stock was trading at $5.42 at the beginning of 2024. Since then, SGMT stock has decreased by 18.1% and is now trading at $4.44. View the best growth stocks for 2024 here. Are investors shorting Sagimet Biosciences? Sagimet Biosciences saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,350,000 shares, an increase of 31.3% from the March 15th total of 1,790,000 shares. Based on an average daily volume of 1,710,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 19.4% of the company's stock are short sold. View Sagimet Biosciences' Short Interest. When is Sagimet Biosciences' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, June 24th 2024. View our SGMT earnings forecast. How were Sagimet Biosciences' earnings last quarter? Sagimet Biosciences Inc. (NASDAQ:SGMT) released its quarterly earnings data on Monday, August, 21st. The company reported ($35.80) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.50) by $35.30. When did Sagimet Biosciences IPO? Sagimet Biosciences (SGMT) raised $85 million in an initial public offering (IPO) on Friday, July 14th 2023. The company issued 5,312,500 shares at $16.00 per share. How do I buy shares of Sagimet Biosciences? 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. Compare Top Brokerages Here. 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