S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
What's in Democrats' big bill? Climate, health care, savings
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
What's in Democrats' big bill? Climate, health care, savings
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
What's in Democrats' big bill? Climate, health care, savings
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
What's in Democrats' big bill? Climate, health care, savings
NASDAQ:BMRN

BioMarin Pharmaceutical - BMRN Stock Forecast, Price & News

$95.82
+2.84 (+3.05%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$91.65
$96.50
50-Day Range
$71.48
$95.82
52-Week Range
$70.73
$96.50
Volume
2.36 million shs
Average Volume
939,786 shs
Market Capitalization
$17.73 billion
P/E Ratio
368.55
Dividend Yield
N/A
Price Target
$110.40

BioMarin Pharmaceutical MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
15.2% Upside
$110.40 Price Target
Short Interest
Bearish
6.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.93
Upright™ Environmental Score
News Sentiment
0.52mentions of BioMarin Pharmaceutical in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$1.43 M Sold Last Quarter
Proj. Earnings Growth
164.29%
From $0.98 to $2.59 Per Share

Overall MarketRank

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

2.54 out of 5 stars

Medical Sector

141st out of 1,283 stocks

Pharmaceutical Preparations Industry

52nd out of 615 stocks

BMRN stock logo

About BioMarin Pharmaceutical (NASDAQ:BMRN) Stock

BioMarin Pharmaceutical Inc. develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its commercial products include Vimizim, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with MPS VI; and Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria (PKU), an inherited metabolic disease. The company's commercial products also comprise Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme, which is delivered through subcutaneous injection to reduce blood Phe concentrations; Brineura, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; Voxzogo, a once daily injection analog of c-type natriuretic peptide for the treatment of achondroplasia; and Aldurazyme, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase. In addition, it develops valoctocogene roxaparvovec, an adeno associated virus vector, which is in Phase III clinical trial for the treatment of patients with severe hemophilia A; BMN 307, an AAV5 mediated gene therapy, which is in Phase 1/2 clinical trial to normalize blood Phe concentration levels in patients with PKU; and BMN 255 that is in Phase 1/2 clinical trial for treating primary hyperoxaluria. The company serves specialty pharmacies, hospitals, and non-U.S. government agencies, as well as distributors and pharmaceutical wholesalers in the United States, Europe, Latin America, and internationally. BioMarin Pharmaceutical Inc. has license and collaboration agreements with Sarepta Therapeutics, Ares Trading S.A., Catalyst Pharmaceutical Partners, Inc., and Asubio Pharma Co., Ltd. The company was incorporated in 1996 and is headquartered in San Rafael, California.

Analysts Set New Price Targets

BMRN has been the topic of a number of analyst reports. Stifel Nicolaus reiterated a "buy" rating and set a $96.00 price objective on shares of BioMarin Pharmaceutical in a research report on Tuesday, May 3rd. Jefferies Financial Group reissued a "buy" rating and set a $100.00 target price on shares of BioMarin Pharmaceutical in a research note on Wednesday, May 4th. SVB Leerink raised their target price on BioMarin Pharmaceutical from $115.00 to $122.00 and gave the stock an "outperform" rating in a research note on Thursday. Robert W. Baird reissued an "outperform" rating and set a $112.00 target price on shares of BioMarin Pharmaceutical in a research note on Tuesday, June 28th. Finally, StockNews.com cut BioMarin Pharmaceutical from a "buy" rating to a "hold" rating in a research note on Monday, August 1st. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $110.40.

BioMarin Pharmaceutical Stock Up 3.1 %

NASDAQ:BMRN traded up $2.84 during trading on Friday, reaching $95.82. 2,364,912 shares of the company's stock were exchanged, compared to its average volume of 939,786. The stock has a market cap of $17.73 billion, a P/E ratio of 368.55, a price-to-earnings-growth ratio of 1.98 and a beta of 0.33. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.28 and a current ratio of 4.88. The company has a 50 day moving average price of $82.81 and a two-hundred day moving average price of $82.19. BioMarin Pharmaceutical has a 1 year low of $70.73 and a 1 year high of $96.50.

BioMarin Pharmaceutical (NASDAQ:BMRN - Get Rating) last posted its earnings results on Wednesday, August 3rd. The biotechnology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.04. BioMarin Pharmaceutical had a return on equity of 1.80% and a net margin of 2.83%. During the same period in the prior year, the company posted $0.23 earnings per share. On average, equities research analysts anticipate that BioMarin Pharmaceutical will post 0.98 EPS for the current fiscal year.

Insider Activity

In other news, CFO Brian Mueller sold 7,337 shares of the business's stock in a transaction dated Friday, July 8th. The stock was sold at an average price of $89.50, for a total value of $656,661.50. Following the completion of the sale, the chief financial officer now directly owns 30,726 shares of the company's stock, valued at approximately $2,749,977. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other BioMarin Pharmaceutical news, EVP Jeffrey Robert Ajer sold 1,308 shares of the company's stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $78.94, for a total transaction of $103,253.52. Following the completion of the sale, the executive vice president now directly owns 54,109 shares of the company's stock, valued at approximately $4,271,364.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Brian Mueller sold 7,337 shares of the business's stock in a transaction that occurred on Friday, July 8th. The stock was sold at an average price of $89.50, for a total value of $656,661.50. Following the transaction, the chief financial officer now owns 30,726 shares in the company, valued at approximately $2,749,977. The disclosure for this sale can be found here. In the last three months, insiders sold 16,043 shares of company stock valued at $1,425,735. Insiders own 1.75% of the company's stock.

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BMRN Stock News Headlines

BioMarin Pharmaceutical (NASDAQ:BMRN) PT Raised to $117.00
BioMarin Presents Findings from Studies of...
Analyst Ratings for Biomarin Pharmaceutical
BMRN June 2023 Options Begin Trading
BioMarin's Solid Pipeline Bears The First Fruit
See More Headlines
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BMRN Company Calendar

Last Earnings
8/03/2022
Today
8/07/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
Biotechnology
Sector
Medical
Current Symbol
NASDAQ:BMRN
CUSIP
09061G10
Employees
3,045
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$110.40
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+15.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$-64,080,000.00
Pretax Margin
1.89%

Debt

Sales & Book Value

Annual Sales
$1.85 billion
Cash Flow
$0.86 per share
Book Value
$23.26 per share

Miscellaneous

Free Float
181,758,000
Market Cap
$17.73 billion
Optionable
Optionable
Beta
0.33

Social Links















BMRN Stock - Frequently Asked Questions

Should I buy or sell BioMarin Pharmaceutical stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BioMarin Pharmaceutical in the last year. There are currently 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BioMarin Pharmaceutical stock.
View analyst ratings for BioMarin Pharmaceutical
or view top-rated stocks.

What is BioMarin Pharmaceutical's stock price forecast for 2022?

15 brokerages have issued 1 year price targets for BioMarin Pharmaceutical's stock. Their BMRN stock forecasts range from $70.00 to $135.00. On average, they predict BioMarin Pharmaceutical's stock price to reach $110.40 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price.
View analysts' price targets for BioMarin Pharmaceutical
or view top-rated stocks among Wall Street analysts.

How has BioMarin Pharmaceutical's stock price performed in 2022?

BioMarin Pharmaceutical's stock was trading at $88.35 at the beginning of 2022. Since then, BMRN shares have increased by 8.5% and is now trading at $95.82.
View the best growth stocks for 2022 here
.

When is BioMarin Pharmaceutical's next earnings date?

BioMarin Pharmaceutical is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our earnings forecast for BioMarin Pharmaceutical
.

How were BioMarin Pharmaceutical's earnings last quarter?

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) posted its quarterly earnings results on Wednesday, August, 3rd. The biotechnology company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.04. BioMarin Pharmaceutical had a net margin of 2.83% and a trailing twelve-month return on equity of 1.80%. During the same quarter in the prior year, the company earned $0.23 earnings per share.

What guidance has BioMarin Pharmaceutical issued on next quarter's earnings?

BioMarin Pharmaceutical issued an update on its FY 2022 earnings guidance on Wednesday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.06 billion-$2.16 billion, compared to the consensus revenue estimate of $2.11 billion.

What is Jean-Jacques Bienaimé's approval rating as BioMarin Pharmaceutical's CEO?

228 employees have rated BioMarin Pharmaceutical CEO Jean-Jacques Bienaimé on Glassdoor.com. Jean-Jacques Bienaimé has an approval rating of 94% among BioMarin Pharmaceutical's employees. This puts Jean-Jacques Bienaimé in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 83.0% of employees surveyed would recommend working at BioMarin Pharmaceutical to a friend.

What other stocks do shareholders of BioMarin Pharmaceutical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BioMarin Pharmaceutical investors own include Puma Biotechnology (PBYI), (MDVN) (MDVN), Incyte (INCY), First Solar (FSLR), United Airlines (UAL), Dynavax Technologies (DVAX), Micron Technology (MU), Vertex Pharmaceuticals (VRTX), (KITE) (KITE) and Freeport-McMoRan (FCX).

What is BioMarin Pharmaceutical's stock symbol?

BioMarin Pharmaceutical trades on the NASDAQ under the ticker symbol "BMRN."

Who are BioMarin Pharmaceutical's major shareholders?

BioMarin Pharmaceutical's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Parnassus Investments LLC (1.50%), Fort Washington Investment Advisors Inc. OH (0.67%), Manning & Napier Group LLC (0.51%), Jennison Associates LLC (0.39%), Victory Capital Management Inc. (0.38%) and Scout Investments Inc. (0.35%). Company insiders that own BioMarin Pharmaceutical stock include Brian Mueller, David E I Pyott, Dennis Slamon, George Eric Davis, Henry J Fuchs, Jean Jacques Bienaime, Jeffrey Robert Ajer, Michael G Grey, Richard A Meier, V Bryan Lawlis and Willard H Dere.
View institutional ownership trends for BioMarin Pharmaceutical
.

How do I buy shares of BioMarin Pharmaceutical?

Shares of BMRN 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 BioMarin Pharmaceutical's stock price today?

One share of BMRN stock can currently be purchased for approximately $95.82.

How much money does BioMarin Pharmaceutical make?

BioMarin Pharmaceutical (NASDAQ:BMRN) has a market capitalization of $17.73 billion and generates $1.85 billion in revenue each year. The biotechnology company earns $-64,080,000.00 in net income (profit) each year or $0.26 on an earnings per share basis.

How many employees does BioMarin Pharmaceutical have?

BioMarin Pharmaceutical employs 3,045 workers across the globe.

When was BioMarin Pharmaceutical founded?

BioMarin Pharmaceutical was founded in 1997.

How can I contact BioMarin Pharmaceutical?

BioMarin Pharmaceutical's mailing address is 770 Lindaro Street, San Rafael CA, 94901. The official website for BioMarin Pharmaceutical is www.bmrn.com. The biotechnology company can be reached via phone at (415) 506-6700, via email at ir@bmrn.com, or via fax at 415-382-7889.

This page (NASDAQ:BMRN) was last updated on 8/7/2022 by MarketBeat.com Staff

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