BeiGene, Ltd., a commercial-stage biotechnology company, develops and commercializes molecularly-targeted and immuno-oncology drugs for the treatment of cancer in the People's Republic of China, the United States, and internationally. Its commercial products include ABRAXANE, a chemotherapy product for the treatment of breast, non-small cell lung, pancreatic, and gastric cancers; REVLIMID, an oral immunomodulatory drug for the treatment of multiple myeloma in combination with dexamethasone; and VIDAZA, a pyrimidine nucleoside analog for the treatment of intermediate-2 and myelodysplastic syndromes, chronic myelomonocyte leukemia, and acute myeloid leukemia with 20% to 30% blasts and multi-lineage dysplasia. The company's clinical stage drug candidates include BGB-3111, a small molecule Bruton's tyrosine kinase (BTK) inhibitor for the treatment of lymphomas; BGB-A317, a humanized monoclonal antibody for solid and hematological cancers; and BGB-290, a small molecule inhibitor of PARP1 and PARP2 for the treatment of homologous recombination deficient cancers. In addition, its clinical stage drugs include BGB-283, a small molecule RAF dimer inhibitor to treat cancers with aberrations in the mitogen-activated protein kinase pathway; BGB-A333, a humanized monoclonal antibody for the immune checkpoint receptor ligand PD-L1; BGB-A425, a TIM-3 inhibitor; MGCD-0516, a multi-kinase inhibitor; and CC-122, a cereblon modulator. The company has collaborations with Celgene Corporation, Merck KGaA, Mirati Therapeutics, Inc., Zymeworks, and Ambrx, Inc. BeiGene, Ltd. was founded in 2010 and is based in George Town, the Cayman Islands.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone1-345-949-4123
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$198.22 million
Profitability
Miscellaneous
Employees2,070
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable
Beigene (NASDAQ:BGNE) Frequently Asked Questions
What is Beigene's stock symbol?
Beigene trades on the NASDAQ under the ticker symbol "BGNE."
How were Beigene's earnings last quarter?
Beigene Ltd (NASDAQ:BGNE) posted its earnings results on Wednesday, February, 27th. The company reported ($4.52) earnings per share for the quarter, missing the Zacks' consensus estimate of ($2.87) by $1.65. The firm had revenue of $58.67 million for the quarter, compared to the consensus estimate of $59.37 million. Beigene had a negative return on equity of 42.63% and a negative net margin of 339.91%. The business's revenue was up 222.8% on a year-over-year basis. During the same period last year, the company posted ($2.19) EPS. View Beigene's Earnings History.
When is Beigene's next earnings date?
What price target have analysts set for BGNE?
9 equities research analysts have issued twelve-month price targets for Beigene's shares. Their forecasts range from $160.75 to $215.00. On average, they anticipate Beigene's stock price to reach $181.6250 in the next twelve months. This suggests a possible upside of 51.0% from the stock's current price. View Analyst Price Targets for Beigene.
What is the consensus analysts' recommendation for Beigene?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beigene in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Beigene.
What are Wall Street analysts saying about Beigene stock?
Here are some recent quotes from research analysts about Beigene stock:
- 1. According to Zacks Investment Research, "BeiGene, Ltd. is a biotechnology company which focused on immuno-oncological therapeutics. The company's clinical-stage drug candidates include BGB-3111, BGB-283, BGB-290, and BGB-A317. BeiGene, Ltd. is based in Camana Bay, Cayman Islands. " (3/4/2019)
- 2. Maxim Group analysts commented, "This morning, Bristol-Myers Squibb (BMY – NR) announced it will acquire Celgene (CELG – NR) for ~$74B, projected to close 3Q19. BGNE shares were initially down ~30% but have climbed back to being down only ~10%. The pressure on the stock is due to the questions around the CELG/BGNE partnership for PD1, tislelizumab. There are two scenarios we see that can play out for BGNE, assuming the transaction closes: 1. BMY ends the partnership with BGNE: Most likely, in our view as BMY has Opdivo which generates ~$5B globally (and has its first approval in China). BMY can take back Revlimid in China, also likely. The positives for BGNE: ○ BGNE regains global rights to tislelizumab which is now in 10 ongoing pivotal trials, is closer to approval(s) and positions the company to get an even better deal than it got with CELG." (1/3/2019)
Has Beigene been receiving favorable news coverage?
News stories about BGNE stock have trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Beigene earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next few days.
Who are some of Beigene's key competitors?
Some companies that are related to Beigene include ASTELLAS PHARMA/ADR (ALPMY), BioMarin Pharmaceutical (BMRN), Ono Pharmaceutical (OPHLF), Teva Pharmaceutical Industries (TEVA), Mylan (MYL), GRIFOLS S A/S (GRFS), Genmab A/S (GNMSF), Ionis Pharmaceuticals (IONS), Alnylam Pharmaceuticals (ALNY), Sarepta Therapeutics (SRPT), Bausch Health Companies (BHC), Marina Biotech (MRNA), SAGE Therapeutics (SAGE), Jazz Pharmaceuticals (JAZZ) and Loxo Oncology (LOXO).
What other stocks do shareholders of Beigene own?
Who are Beigene's key executives?
Beigene's management team includes the folowing people:
- Mr. John V. Oyler, Co-Founder, CEO & Chairman (Age 51)
- Dr. Xiaodong Wang, Co-Founder, Chairman of the Scientific Advisory Board & Director (Age 56)
- Dr. Heng Liang, CFO & Chief Strategy Officer (Age 56)
- Dr. Jane E. Huang M.D., Chief Medical Officer - Hematology (Age 46)
- Dr. Xiaobin Wu, Pres & Gen. Mang. of China
When did Beigene IPO?
(BGNE) raised $126 million in an initial public offering on Wednesday, February 3rd 2016. The company issued 5,500,000 shares at $22.00-$24.00 per share. Goldman Sachs, Morgan Stanley and Cowen and Company acted as the underwriters for the IPO and Baird was co-manager.
How do I buy shares of Beigene?
Shares of BGNE 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, Scottrade, Fidelity and Charles Schwab.
What is Beigene's stock price today?
One share of BGNE stock can currently be purchased for approximately $120.27.
How big of a company is Beigene?
Beigene has a market capitalization of $7.18 billion and generates $198.22 million in revenue each year. The company earns $-673,770,000.00 in net income (profit) each year or ($12.15) on an earnings per share basis. Beigene employs 2,070 workers across the globe.
What is Beigene's official website?
How can I contact Beigene?
Beigene's mailing address is 94 SOLARIS AVENUE CAMANA BAY, GRAND CAYMAN E9, KY1-1108. The company can be reached via phone at 1-345-949-4123 or via email at [email protected]
MarketBeat Community Rating for Beigene (NASDAQ BGNE)
MarketBeat's community ratings are surveys of what our community members think about Beigene and other stocks. Vote "Outperform" if you believe BGNE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BGNE will underperform the S&P 500 over the long term. You may vote once every thirty days.
