NASDAQ:ARGXargenx Stock Price, Forecast & News

$215.86

+9.55 (+4.63 %)

(As of 05/26/2020 02:28 PM ET)

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Today's Range

$197.51

Now: $215.86▼

$217.98

50-Day Range

$132.11

MA: $146.93▼

$164.68

52-Week Range

$103.75

Now: $215.86▼

$169.50

Volume78,861 shs

Average Volume124,628 shs

Market Capitalization$9.24 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.05

argenx SE, a clinical-stage biopharmaceutical company, focuses on developing antibody-based therapies for the treatment of autoimmune diseases and cancer. The company's lead product candidates include ARGX-113 that completed Phase 2 clinical trials for the treatment of autoimmune diseases, including myasthenia gravis, immune thrombocytopenia, and pemphigus vulgaris; and ARGX-110, which is in Phase 1/2 clinical trials for the treatment of T-cell lymphoma, acute myeloid leukemia, and myelodysplastic syndrome. It is also developing ARGX-111 to treat solid tumors; ARGX-109 for the treatment of rheumatoid arthritis; ARGX-112 to treat skin inflammation; ARGX-115, a cancer immunotherapy-focused product candidate; and ARGX-116 for the treatment of dyslipidemia. The company has license and collaboration agreements with AbbVie S.Á.R.L.; Bird Rock Bio, Inc.; LEO Pharma A/S; Staten Biotechnology B.V.; and Shire International GmbH. argenx SE was founded in 2008 and is based in Breda, the Netherlands.

Beat the Market (BTM) Rank^™

1.4 Analyst's Opinion

Consensus Rating
argenx has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 14 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $190.33, argenx has a potential downside of 11.4% from its current price of $214.89.
Amount of Analyst Coverage
argenx has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
argenx has received 482 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
argenx has received 482 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
argenx has received 50.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about argenx and other stocks. Vote “Outperform” if you believe ARGX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ARGX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
argenx does not currently pay a dividend.
Dividend Growth
argenx does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, argenx insiders have not sold or bought any company stock.
Percentage Held by Institutions
54.53% of the stock of argenx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for argenx are expected to decrease in the coming year, from ($9.24) to ($10.59) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of argenx is -45.43, 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 argenx is -45.43, 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
argenx has a P/B Ratio of 6.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.99 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Biological products, except diagnostic

Sub-IndustryN/A

SectorMedical

Current SymbolNASDAQ:ARGX

Previous Symbol

CUSIPN/A

CIK1697862

Webwww.argenx.com

Phone329-310-3400

Debt

Debt-to-Equity RatioN/A

Current Ratio8.58

Quick Ratio8.58

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$78.17 million

Price / Sales118.16

Cash FlowN/A

Price / Cash FlowN/A

Book Value$30.88 per share

Price / Book6.99

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees103

Outstanding Shares42,790,000

Market Cap$9.24 billion

Next Earnings DateN/A

OptionableOptionable

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argenx (NASDAQ:ARGX) Frequently Asked Questions

How has argenx's stock been impacted by COVID-19 (Coronavirus)?

argenx's stock was trading at $133.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ARGX shares have increased by 60.6% and is now trading at $214.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of argenx?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for argenx in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for argenx.

How were argenx's earnings last quarter?

argenx SE - (NASDAQ:ARGX) announced its earnings results on Thursday, May, 14th. The company reported ($1.87) EPS for the quarter, missing the consensus estimate of ($1.72) by $0.15. The firm had revenue of $21.15 million for the quarter, compared to analysts' expectations of $18.08 million. View argenx's earnings history.

What price target have analysts set for ARGX?

16 analysts have issued 1 year target prices for argenx's stock. Their forecasts range from $125.00 to $258.00. On average, they expect argenx's share price to reach $190.33 in the next year. This suggests that the stock has a possible downside of 11.4%. View analysts' price targets for argenx.

Has argenx been receiving favorable news coverage?

Press coverage about ARGX stock has been trending negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. argenx earned a news sentiment score of -2.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutargenx.

Who are some of argenx's key competitors?

Some companies that are related to argenx include Seattle Genetics (SGEN), Moderna (MRNA), NOVOZYMES A/S/S (NVZMY), Neurocrine Biosciences (NBIX), BioNTech (BNTX), BIO-TECHNE (TECH), Qiagen (QGEN), Repligen (RGEN), Allogene Therapeutics (ALLO), Acceleron Pharma (XLRN), Adaptive Biotechnologies (ADPT), Iovance Biotherapeutics (IOVA), Spark Therapeutics (ONCE), Crispr Therapeutics (CRSP) and China Biologic Products (CBPO). View all competitors.

What other stocks do shareholders of argenx own?

Based on aggregate information from My MarketBeat watchlists, some companies that other argenx investors own include GALAPAGOS NV/S (GLPG), AcelRx Pharmaceuticals (ACRX), Neurocrine Biosciences (NBIX), Crispr Therapeutics (CRSP), Netflix (NFLX), Vertex Pharmaceuticals (VRTX), Gilead Sciences (GILD), GW Pharmaceuticals PLC- (GWPH), DexCom (DXCM) and Exelixis (EXEL).

Who are argenx's key executives?

argenx's management team includes the following people:

Mr. Tim Van Hauwermeiren, CEO & Exec. Director (Age 47)
Mr. Eric Castaldi, Chief Financial Officer (Age 55)
Prof. Hans de Haard, Chief Scientific Officer (Age 59)
Mr. Dirk Marcel Leon Beeusaert, Gen. Counsel (Age 55)
Dr. Torsten Dreier, Chief Devel. Officer (Age 55)

When did argenx IPO?

(ARGX) raised $65 million in an initial public offering (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.

What is argenx's stock symbol?

argenx trades on the NASDAQ under the ticker symbol "ARGX."

Who are argenx's major shareholders?

argenx's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Redmile Group LLC (2.53%), Wellington Management Group LLP (1.61%), Franklin Resources Inc. (1.34%), Eaton Vance Management (0.96%), Jennison Associates LLC (0.95%) and Federated Hermes Inc. (0.85%).

Which major investors are selling argenx stock?

ARGX stock was sold by a variety of institutional investors in the last quarter, including Orbimed Advisors LLC, Jane Street Group LLC, Pictet Asset Management Ltd., Redmile Group LLC, Franklin Resources Inc., Loomis Sayles & Co. L P, Granahan Investment Management Inc. MA, and Janus Henderson Group PLC.

Which major investors are buying argenx stock?

ARGX stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Lord Abbett & CO. LLC, Jennison Associates LLC, Samlyn Capital LLC, BlackRock Inc., Thrivent Financial for Lutherans, Morgan Stanley, and TimesSquare Capital Management LLC.

How do I buy shares of argenx?

Shares of ARGX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is argenx's stock price today?

One share of ARGX stock can currently be purchased for approximately $214.89.

How big of a company is argenx?

argenx has a market capitalization of $9.20 billion and generates $78.17 million in revenue each year. The company earns $-182,520,000.00 in net income (profit) each year or ($4.73) on an earnings per share basis. argenx employs 103 workers across the globe.

What is argenx's official website?

The official website for argenx is www.argenx.com.

How can I contact argenx?

argenx's mailing address is Willemstraat 5, Breda P7, 4811 AH. The company can be reached via phone at 329-310-3400 or via email at [email protected]

This page was last updated on 5/26/2020 by MarketBeat.com Staff