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argenx (ARGX) Stock Price, News & Analysis

$494.46
+8.13 (+1.67%)
(As of 07/26/2024 ET)
Today's Range
$473.89
$495.50
50-Day Range
$356.66
$486.33
52-Week Range
$327.73
$532.59
Volume
770,065 shs
Average Volume
324,737 shs
Market Capitalization
$29.39 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$539.05

argenx MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
9.0% Upside
$539.05 Price Target
Short Interest
Bearish
2.98% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.57mentions of argenx in the last 14 days
Based on 38 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.88) to $2.49 Per Share

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.

1.07 out of 5 stars

Medical Sector

816th out of 936 stocks

Biological Products, Except Diagnostic Industry

140th out of 154 stocks

ARGX stock logo

About argenx Stock (NASDAQ:ARGX)

argenx SE, a biotechnology company, engages in the developing of various therapies for the treatment of autoimmune diseases in the United States, Japan, Europe, Middle East, Africa, and China. Its lead product candidate is efgartigimod for the treatment of patients with myasthenia gravis, immune thrombocytopenia, pemphigus vulgaris, generalized myasthenia gravis, chronic inflammatory demyelinating polyneuropathy, thyroid eye disease, bullous pemphigoid, myositis, primary sjögren's syndrome, post-covid postural orthostatic tachycardia syndrome, membranous nephropathy, lupus nephropathy, anca-associated vasculitis, and antibody mediated rejection; ENHANZE SC; Empasiprubart for multifocal motor neuropath, delayed graft function, and dermatomyositis; and ARGX-119 for congenital myasthenic syndrome and amyotrophic lateral sclerosis. The company is developing ARGX-213 targets FcRn; ARGX-121 and ARGX-220 targets immune system; ARGX-109 targets IL-6; ARGX-118 for inflammation; and ARGX-109, as well as cusatuzumab, ARGX-112, ARGX-114, and ARGX-115. It owns VYVGART; VYVGART HYTRULO; VYVDURA; ARGENX; ABDEG; NHANCE; SIMPLE ANTIBODY; and ARGENXMEDHUB. The company has strategic partnership with AbbVie S.À.R.L., Zai Lab Limited, and LEO Pharma A/S; and collaboration and license agreement with Genor Biopharma Co. Ltd, Université Catholique de Louvain, Sopartec S.A., NYU Langone Health, Leiden University Medical Center, AgomAb Therapeutics NV, Broteio Pharma B.V., VIB vzw, University of Texas, BioWa, Inc., and Shire International GmbH. It has collaboration agreement with Genmab A/S to discover, develop, and commercialize novel therapeutic antibodies with applications in immunology and oncology, as well as a strategic collaboration with IQVIA Holdings Inc. to provide safety systems and services. argenx SE was incorporated in 2008 and is based in Amsterdam, the Netherlands.

ARGX Stock Price History

ARGX Stock News Headlines

argenx SE (ARGX) Q2 2024 Earnings Call Transcript
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
argenx SE 2024 Q2 - Results - Earnings Call Presentation
argenx (NASDAQ:ARGX) Shares Gap Up on Analyst Upgrade
argenx (ARGX) Set to Announce Earnings on Thursday
argenx (NASDAQ:ARGX) Raised to Outperform at Oppenheimer
argenx (NASDAQ:ARGX) PT Raised to $540.00
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
7/27/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:ARGX
Fax
N/A
Employees
1,148
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$539.05
High Stock Price Target
$641.00
Low Stock Price Target
$408.00
Potential Upside/Downside
+9.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
21 Analysts

Profitability

Net Income
$-295,050,000.00
Pretax Margin
-24.00%

Debt

Sales & Book Value

Annual Sales
$1.27 billion
Book Value
$69.22 per share

Miscellaneous

Free Float
57,987,000
Market Cap
$29.39 billion
Optionable
Optionable
Beta
0.64
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Key Executives

  • Mr. Timothy Van Hauwermeiren EMBA (Age 52)
    M.Sc., CEO & Executive Director
    Comp: $1.29M
  • Mr. Karl Gubitz (Age 54)
    Chief Financial Officer
    Comp: $843.26k
  • Ms. Karen Massey (Age 45)
    Chief Operating Officer
    Comp: $1.42M
  • Mr. Filip Borgions
    VP & Global Head of Technical Operations
  • Mr. Peter Ulrichts (Age 44)
    Chief Scientific Officer
  • Ms. Beth DelGiacco
    VP and Global Head of Corporate Communications & Investor Relations
  • Ms. Malini Moorthy (Age 54)
    General Counsel
  • Mr. Arjen Lemmen M.Sc. (Age 39)
    Vice President of Corporate Development & Strategy
  • Mr. Marc Schorpion (Age 65)
    Global Head of Human Resources
  • Ms. Andria Wilk (Age 50)
    Global Head of Quality

Should I Buy argenx Stock? ARGX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in argenx SE:

  • argenx's stock price has shown resilience, trading at $379.30, with a 50-day simple moving average of $376.30, indicating stability.
  • Positive analyst ratings with an average price target of $520.68, suggesting potential for growth.
  • Strong revenue generation of $412.51 million, surpassing analyst estimates, indicating a healthy financial performance.
  • Continued development of therapies for autoimmune diseases in various global markets, showcasing a diversified revenue stream.
  • Increased institutional investments by large firms like Mariner LLC and Northern Trust Corp, reflecting confidence in the company's future prospects.

Cons

Investors should be bearish about investing in argenx SE for these reasons:

  • argenx reported a negative net margin of 22.58% and a negative return on equity of 14.14%, indicating financial challenges.
  • Lower-than-expected earnings per share of ($1.04) for the quarter, missing consensus estimates, raising concerns about profitability.
  • Multiple analysts lowering price targets, signaling potential market skepticism or challenges ahead.
  • Volatility in the stock price, with a 12-month range from $327.73 to $550.76, suggesting uncertainty in market sentiment.
  • Uncertainty in the biotechnology sector due to regulatory changes or competitive pressures, impacting future growth potential.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these argenx pros and cons to contact@marketbeat.com.

ARGX Stock Analysis - Frequently Asked Questions

How have ARGX shares performed this year?

argenx's stock was trading at $380.43 on January 1st, 2024. Since then, ARGX stock has increased by 30.0% and is now trading at $494.46.
View the best growth stocks for 2024 here
.

How were argenx's earnings last quarter?

argenx SE (NASDAQ:ARGX) released its earnings results on Thursday, July, 25th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of ($0.89) by $1.34. The firm had revenue of $489.43 million for the quarter, compared to analysts' expectations of $436.66 million. argenx had a negative net margin of 22.58% and a negative trailing twelve-month return on equity of 14.14%.

When did argenx IPO?

argenx (ARGX) raised $65 million in an IPO on Thursday, May 18th 2017. The company issued 3,600,000 shares at $18.18 per share. Cowen and Company and Piper Jaffray served as the underwriters for the IPO and JMP Securities and Wedbush PacGrow were co-managers.

Who are argenx's major shareholders?

Top institutional shareholders of argenx include PGGM Investments (0.11%), Raymond James & Associates (0.09%), EFG Asset Management North America Corp. (0.02%) and AlphaCentric Advisors LLC (0.01%).

How do I buy shares of argenx?

Shares of ARGX 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.

What other stocks do shareholders of argenx own?

Based on aggregate information from My MarketBeat watchlists, some other companies that argenx investors own include Galapagos (GLPG), Kohl's (KSS), AcelRx Pharmaceuticals (ACRX), Gilead Sciences (GILD), Neurocrine Biosciences (NBIX), Pfizer (PFE) and CRISPR Therapeutics (CRSP).

This page (NASDAQ:ARGX) was last updated on 7/27/2024 by MarketBeat.com Staff

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