Alexion Pharmaceuticals Company Profile (NASDAQ:ALXN)

Alexion Pharmaceuticals trades on the NASDAQ under the ticker symbol "ALXN."

Alexion Pharmaceuticals declared that its board has initiated a stock buyback program on Sunday, April 9th 2017, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.4% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) announced its quarterly earnings data on Thursday, July, 27th. The company reported $1.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.08 by $0.48. The firm had revenue of $912 million for the quarter, compared to analysts' expectations of $846.15 million. Alexion Pharmaceuticals had a net margin of 15.31% and a return on equity of 12.47%. The company's revenue for the quarter was up 21.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.13 earnings per share. View Alexion Pharmaceuticals' Earnings History.

Alexion Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Alexion Pharmaceuticals.

Alexion Pharmaceuticals updated its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $5.40-5.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.33. The company issued revenue guidance of $3.45-3.53 billion, compared to the consensus revenue estimate of $3.47 billion.

23 equities research analysts have issued 12-month price objectives for Alexion Pharmaceuticals' shares. Their predictions range from $120.00 to $221.00. On average, they anticipate Alexion Pharmaceuticals' share price to reach $158.41 in the next twelve months. View Analyst Ratings for Alexion Pharmaceuticals.

Here are some recent quotes from research analysts about Alexion Pharmaceuticals stock:

• 1. J P Morgan Chase & Co analysts commented, "Additionally, post a series of physician calls in the space, while competitor complement players will have updates in the next 6-18 months, we believe the '1210 profile is already clinically compelling and the burden is on competitors to produce meaningful data," (9/5/2017)
• 2. According to Zacks Investment Research, "Alexion reported better-than-expected results in the second quarter and concurrently raised its earnings and revenue guidance. Alexion’s blockbuster drug, Soliris, continues to perform well. A potential label expansion of the drug for additional indications will boost revenues. Among new products, while Strensiq is doing well, the company redefined its strategy for Kanuma which earlier lagged expectations. In order to focus better in core areas, Alexion is de-prioritizing a few clinical programs and terminating its partnerships with Moderna Therapeutics, Blueprint Medicines and Arbutus Biopharma. We expect investor focus on results from the realignment of the resources and Kanuma's performance. Shares of the company have outperformed the industry so far in 2017. However, the company relies heavily on Soliris for growth while prcing will impact Strensiq revenues in the second half." (8/2/2017)
• 3. Morgan Stanley analysts commented, "re-prioritize the strategic direction" of the company. Furthermore, the second-quarter strategic review serves as a "turning point" for investor sentiment."While we understand investor unease that another 'shoe could drop' on this story, we see the risk/reward as compelling and believe new management is making progress right sizing the company and refocusing its efforts," the analyst wrote.2. Underappreciated StoryHarrison also believes Alexion's stock is pricing "little-to-no value" for the ALXN1210 life-cycle extension strategy. Meanwhile, investors are under-appreciating the antibody but the sentiment could turn move positive with potential gMG approval and the release of pivotal data.Harrison also believes Alexion's core asset value is "not impaired." Also, the analyst suggested that the underlying patient need and use of Solaris is "sound" and the company's strategy to protect Solaris through new IP and ALXN1210 is "very defensible with clarity on this strategy coming in less than 12 months." (5/25/2017)
• 4. Barclays PLC analysts commented, "provides support to the patient association in Brazil in the form of unrestricted educational grants and in accordance with local laws and regulations and industry code." In addition, the spokesperson confirmed that Alexion has not been charged with any criminal or civil misconduct.Investors Shrug Barclays' CallShortly after reports of Alexion's raid on Monday, analysts at Barclays offered a quick take on how investors should react.Barclays' Geoff Meacham suggested that while the headline report looks "onerous," the report shouldn't be viewed as a major fundamental concern. The analyst cited "good Soliris growth" (5/9/2017)
• 5. Cowen and Company analysts commented, "We recently hosted investor meetings with CEO Ludwig Hantson, CFO Dave." (4/28/2017)

Some companies that are related to Alexion Pharmaceuticals include BioMarin Pharmaceutical (BMRN), Abcam Plc (ABC), Anika Therapeutics (ANIK), Myovant Sciences Ltd (MYOV), Sinovac Biotech (SVA), Syros Pharmaceuticals (SYRS), ChemoCentryx (CCXI), Mirna Therapeutics (SYBX), Strongbridge Biopharma PLC (SBBP), Syndax Pharmaceuticals (SNDX), Fortress Biotech (FBIO), Mereo BioPharma Group PLC (MPH), Kadmon Holdings (KDMN), Kamada (KMDA), Vericel Corporation (VCEL), Peregrine Pharmaceuticals (PPHM), MediWound (MDWD) and VIVUS (VVUS).

Alexion Pharmaceuticals' management team includes the folowing people:

• David R. Brennan, Chairman of the Board
• Ludwig N. Hantson Ph.D., Chief Executive Officer, Director
• Paul J. Clancy, Chief Financial Officer
• John B. Moriarty J.D., Executive Vice President, General Counsel
• Martin Mackay Ph.D., Executive Vice President, Global Head - Research and Development
• Julie O'Neill, Executive Vice President - Global Operations
• Edward Miller J.D., Senior Vice President, Global Chief Compliance Officer
• Heidi L. Wagner J.D., Senior Vice President - Global Governmental Affairs
• Brian Goff, Chief Commercial Officer
• R. Douglas Norby, Lead Independent Director

Alexion Pharmaceuticals' stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (9.58%), BlackRock Inc. (8.93%), Vanguard Group Inc. (6.62%), State Street Corp (5.31%), Ameriprise Financial Inc. (2.77%) and Bank of New York Mellon Corp (1.50%). Company insiders that own Alexion Pharmaceuticals stock include Alvin S Parven, Ann M Veneman, Bros Advisors Lp Baker, Carsten Thiel, Clare Carmichael, David Hallal, Edward Miller, Heidi L Wagner, John B Moriarty, Julie O'neill, Leonard Bell, Ludwig Hantson, Martin Mackay, Saqib Islam and Vikas Sinha. View Institutional Ownership Trends for Alexion Pharmaceuticals.

Alexion Pharmaceuticals' stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, FMR LLC, Alliancebernstein L.P., Eaton Vance Management, Fred Alger Management Inc., Marshall Wace North America L.P., American Century Companies Inc. and Sei Investments Co.. Company insiders that have sold Alexion Pharmaceuticals stock in the last year include Alvin S Parven, Ann M Veneman, Carsten Thiel, Clare Carmichael, Edward Miller, Heidi L Wagner, John B Moriarty, Julie O'neill and Leonard Bell. View Insider Buying and Selling for Alexion Pharmaceuticals.

Alexion Pharmaceuticals' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Third Point LLC, Bank of Montreal Can, Janus Henderson Group PLC, TIAA CREF Investment Management LLC, Bessemer Group Inc., Teachers Advisors LLC and State Street Corp. Company insiders that have bought Alexion Pharmaceuticals stock in the last two years include Bros Advisors Lp Baker and Ludwig Hantson. View Insider Buying and Selling for Alexion Pharmaceuticals.

Shares of Alexion Pharmaceuticals can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Alexion Pharmaceuticals stock can currently be purchased for approximately $142.82.