NASDAQ:ARGX

argenx - ARGX Stock Forecast, Price & News

$343.20

-13.51 (-3.79%)

(As of 09/23/2022 12:00 AM ET)

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Today's Range: $341.95
▼
$352.53
50-Day Range: $343.20
▼
$395.75
52-Week Range: $249.50
▼
$403.77

Volume: 217,269 shs
Average Volume: 214,064 shs
Market Capitalization: $18.90 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $397.50

argenx MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 17.8% Upside
$404.31 Price Target
Short Interest: Healthy
1.71% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.45
Based on 11 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($15.52) to ($12.04) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

Medical Sector

472nd out of 1,080 stocks

Biological Products, Except Diagnostic Industry

72nd out of 172 stocks

3.5

Analyst's Opinion

Consensus Rating
argenx has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 14 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $404.31, argenx has a forecasted upside of 17.8% from its current price of $343.20.
Amount of Analyst Coverage
argenx has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
1.71% of the outstanding shares of argenx have been sold short.
Short Interest Ratio / Days to Cover
argenx has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in argenx has recently decreased by 4.20%, indicating that investor sentiment is improving.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ARGX.

2.5

News and Social Media Coverage

News Sentiment
argenx has a news sentiment score of 0.45. 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 news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for argenx this week, compared to 3 articles on an average week.
Search Interest
2 people have searched for ARGX on MarketBeat in the last 30 days.
MarketBeat Follows
Only 3 people have added argenx to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

0.8

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 Insiders
Only 2.43% of the stock of argenx is held by insiders.
Percentage Held by Institutions
59.75% of the stock of argenx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for argenx are expected to grow in the coming year, from ($15.52) to ($12.04) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of argenx is -19.80, 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 -19.80, 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 7.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About argenx (NASDAQ:ARGX) Stock

argenx SE, a biotechnology company, focuses on developing various therapies for the treatment of autoimmune diseases in the United States, the Netherlands, Belgium, Japan, Switzerland, Germany and France. Its lead product candidate is efgartigimod for the treatment of patients with myasthenia gravis, immune thrombocytopenia, pemphigus vulgaris, and chronic inflammatory demyelinating polyneuropathy in Phase III clinical trials; bullous pemphigoid and idiopathic inflammatory myopathy in Phase II/III clinical trials; and ENHANZE SC in Pre-clinical study. The company is also developing immunology innovation programs, including cusatuzumab for hematological cancer, as well as high risk MDS; ARGX-119, an antibody that targets muscle-specific tyrosine kinase stage; ARGX-117 for severe autoimmune indications; ARGX-118 for airway inflammation; and ARGX-120 to treat autoimmune diseases. In addition, its partnered product candidates include ARGX-115 for the treatment of cancer; ARGX-112 to treat interleukin-22 receptor; and ARGX-114, an antibody directed against the MET receptor. 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., University of Texas, BioWa, Inc., Cilag GmbH International, Staten Biotechnology B.V., and Shire International GmbH. argenx SE was incorporated in 2008 and is based in Breda, the Netherlands.

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ARGX Stock News Headlines

September 24, 2022 | americanbankingnews.com

argenx (NASDAQ:ARGX) Stock Rating Reaffirmed by JMP Securities

September 23, 2022 | investors.com

Tom O'Halloran: Are We On The Cusp Of A Bull Market? - Video - IBD - Investor's Business Daily

September 23, 2022 | globenewswire.com

argenx Submits Biologics License Application to U.S. Food - GlobeNewswire

September 21, 2022 | finance.yahoo.com

Argenx Seeks FDA Nod For Its Flagship Neuromuscular Treatment Formulated For Subcutaneous Injection

September 21, 2022 | streetinsider.com

argenx Submits Biologics License Application to U.S. Food and Drug Administration for Subcutaneous Efgartigimod for Treatment of Generalized Myasthenia Gravis - StreetInsider.com

September 21, 2022 | globenewswire.com

argenx to Highlight Key Programs from Neuromuscular Franchise at Upcoming Medical Meetings - GlobeNewswire

September 21, 2022 | finance.yahoo.com

argenx Submits Biologics License Application to U.S. Food and Drug Administration for Subcutaneous Efgartigimod for Treatment of Generalized Myasthenia Gravis

September 8, 2022 | globenewswire.com

argenx Appoints Camilla Sylvest to Board of Directors - GlobeNewswire

September 8, 2022 | finance.yahoo.com

argenx Appoints Camilla Sylvest to Board of Directors

September 5, 2022 | nasdaq.com

Is Argenx (ARGX) Stock Outpacing Its Medical Peers This Year? - Nasdaq

August 31, 2022 | benzinga.com

(ARGX) – argenx to Present at Wells Fargo Healthcare Conference - Benzinga

August 31, 2022 | finance.yahoo.com

argenx to Present at Wells Fargo Healthcare Conference

August 28, 2022 | reuters.com

ARGX.BR - argenx SE | Stock Price & Latest News | Reuters

August 19, 2022 | finance.yahoo.com

Is Argenx (ARGX) Outperforming Other Medical Stocks This Year?

August 17, 2022 | finance.yahoo.com

PM360 Announces 2022 Trailblazer Award Finalists - Yahoo Finance

August 16, 2022 | finance.yahoo.com

Here’s What Makes Argenx SE (ARGX) a Good Investment Option

August 11, 2022 | finance.yahoo.com

argenx Announces European Commission Approval of VYVGART™ (efgartigimod alfa-fcab) for the Treatment of Generalized Myasthenia Gravis - Yahoo Finance

August 11, 2022 | globenewswire.com

argenx Announces European Commission Approval of VYVGART™ (efgartigimod alfa-fcab) for the Treatment of Generalized Myasthenia Gravis - GlobeNewswire

August 11, 2022 | finance.yahoo.com

Argenx's Drug Scores European Approval For Muscular Fatigue Disorder

August 3, 2022 | nasdaq.com

Best Momentum Stocks to Buy for August 3rd - Nasdaq

August 2, 2022 | seekingalpha.com

argenx: Another Strong Quarter For Vyvgart

July 29, 2022 | finance.yahoo.com

Argenx's Vyvgart To 'Achieve Blockbuster Status,' This Analyst Says With 6% Price Target Hike

July 28, 2022 | benzinga.com

argenx: Q2 Earnings Insights - Benzinga

July 28, 2022 | seekingalpha.com

argenx up 9% premarket on Q2 top and bottom line beats (NASDAQ:ARGX) - Seeking Alpha

July 28, 2022 | globenewswire.com

argenx Reports Half Year 2022 Financial Results and Provides Second Quarter Business Update - GlobeNewswire

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30 days | 90 days | 365 days | Advanced Chart

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ARGX Company Calendar

Last Earnings: 7/28/2022
Today: 9/24/2022
Next Earnings (Estimated): 10/27/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Biological products, except diagnostic
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:ARGX
CUSIP: N/A
CIK: 1697862
Web: www.argenx.com
Phone: (176) 303-0488
Fax: N/A
Employees: 650
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $404.31
High Stock Price Forecast: $471.00
Low Stock Price Forecast: $290.00
Forecasted Upside/Downside: +15.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($17.33)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-408,270,000.00
Net Margins: -538.17%
Pretax Margin: -74.11%
Return on Equity: -49.45%
Return on Assets: -44.63%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 11.07
Quick Ratio: 10.56

Sales & Book Value

Annual Sales: $539.42 million
Price / Sales: 35.03
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $49.05 per share
Price / Book: 7.00

Miscellaneous

Outstanding Shares: 55,060,000
Free Float: 53,724,000
Market Cap: $18.90 billion
Optionable: Optionable
Beta: 0.83

Key Executives

Mr. Timothy Van Hauwermeiren EMBA (Age 50)
M.B.A., M.Sc., MSc, CEO & Exec. Director
Comp: $1.28M

Prof. Hans de Haard Ir (Age 62)
Ph.D., Co-Founder & Chief Scientific Officer

Mr. Karl Gubitz (Age 52)
Chief Financial Officer

Mr. R. Keith Woods (Age 54)
Chief Operating Officer

Mr. Arjen Lemmen M.Sc. (Age 37)
VP of Corp. Devel. & Strategy

Dr. David L. Lacey M.D. (Age 70)
Advisor
Comp: $19.71k

Ms. Andria Wilk (Age 48)
Global Head of Quality

Mr. Filip Borgions
VP & Global Head of Technical Operations

Ms. Beth DelGiacco
VP and Global Head of Corp. Communications & Investor Relations

Ms. Malini Moorthy (Age 52)
Gen. Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ARGX Stock - Frequently Asked Questions

Should I buy or sell argenx stock right now?: 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for argenx in the last twelve months. There are currently 1 hold rating, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ARGX shares.
View ARGX analyst ratings or view top-rated stocks.
What is argenx's stock price forecast for 2022?: 16 analysts have issued 1 year price objectives for argenx's shares. Their ARGX share price forecasts range from $290.00 to $471.00. On average, they expect the company's share price to reach $404.31 in the next year. This suggests a possible upside of 17.8% from the stock's current price.
View analysts price targets for ARGX or view top-rated stocks among Wall Street analysts.
How have ARGX shares performed in 2022?: argenx's stock was trading at $350.19 at the beginning of the year. Since then, ARGX shares have decreased by 2.0% and is now trading at $343.20.
View the best growth stocks for 2022 here.
When is argenx's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our ARGX earnings forecast.
How were argenx's earnings last quarter?: argenx SE (NASDAQ:ARGX) posted its earnings results on Thursday, July, 28th. The company reported ($3.81) earnings per share for the quarter, beating analysts' consensus estimates of ($4.76) by $0.95. The firm had revenue of $85.18 million for the quarter, compared to the consensus estimate of $40.05 million. argenx had a negative trailing twelve-month return on equity of 49.45% and a negative net margin of 538.17%.
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 (GLPG), Kohl's (KSS), AcelRx Pharmaceuticals (ACRX), Gilead Sciences (GILD), Neurocrine Biosciences (NBIX), Pfizer (PFE), CRISPR Therapeutics (CRSP), Fate Therapeutics (FATE), NVIDIA (NVDA) and Sarepta Therapeutics (SRPT).

When did argenx IPO?: (ARGX) raised $65 million in an initial public offering on Thursday, May 18th 2017. The company issued 3,600,000 shares at a price of $18.18 per share. Cowen and Company and Piper Jaffray acted 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 institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (11.58%), FMR LLC (9.03%), Artisan Partners Limited Partnership (5.52%), Jennison Associates LLC (2.81%), Point72 Asset Management L.P. (1.04%) and Pictet Asset Management SA (1.03%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is argenx's stock price today?: One share of ARGX stock can currently be purchased for approximately $343.20.
How much money does argenx make?: argenx (NASDAQ:ARGX) has a market capitalization of $18.90 billion and generates $539.42 million in revenue each year. The company earns $-408,270,000.00 in net income (profit) each year or ($17.33) on an earnings per share basis.
How many employees does argenx have?: The company employs 650 workers across the globe.
How can I contact argenx?: argenx's mailing address is Willemstraat 5, Breda P7, 4811 AH. The official website for the company is www.argenx.com. The company can be reached via phone at (176) 303-0488 or via email at info@argenx.com.

This page (NASDAQ:ARGX) was last updated on 9/24/2022 by MarketBeat.com Staff

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argenx - ARGX Stock Forecast, Price & News

argenx MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows