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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
NASDAQ:BMRN

BioMarin Pharmaceutical - BMRN Stock Forecast, Price & News

$95.70
0.00 (0.00%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$95.40
$97.48
50-Day Range
$71.48
$95.82
52-Week Range
$70.73
$97.76
Volume
1.10 million shs
Average Volume
1.25 million shs
Market Capitalization
$17.75 billion
P/E Ratio
368.09
Dividend Yield
N/A
Price Target
$110.40

BioMarin Pharmaceutical MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
15.9% Upside
$110.93 Price Target
Short Interest
Bearish
6.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.93
Upright™ Environmental Score
News Sentiment
0.59mentions of BioMarin Pharmaceutical in the last 14 days
Based on 30 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

153rd out of 1,098 stocks

Pharmaceutical Preparations Industry

57th out of 536 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.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Barclays increased their target price on BioMarin Pharmaceutical from $112.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, August 4th. Piper Sandler increased their target price on BioMarin Pharmaceutical from $125.00 to $128.00 and gave the company an "overweight" rating in a report on Tuesday. Robert W. Baird restated an "outperform" rating and issued a $112.00 price target on shares of BioMarin Pharmaceutical in a research report on Tuesday, June 28th. StockNews.com upgraded BioMarin Pharmaceutical from a "hold" rating to a "buy" rating in a research report on Tuesday. Finally, Cantor Fitzgerald began coverage on BioMarin Pharmaceutical in a research report on Tuesday, July 12th. They issued an "overweight" rating and a $110.00 price target for the company. Three investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, BioMarin Pharmaceutical has an average rating of "Moderate Buy" and an average price target of $110.93.

BioMarin Pharmaceutical Stock Performance

Shares of NASDAQ:BMRN remained flat at $95.70 during midday trading on Tuesday. The company had a trading volume of 1,099,413 shares, compared to its average volume of 1,245,382. The company has a current ratio of 5.42, a quick ratio of 3.69 and a debt-to-equity ratio of 0.24. BioMarin Pharmaceutical has a 52-week low of $70.73 and a 52-week high of $97.76. The company's 50-day moving average is $83.51 and its two-hundred day moving average is $82.34. The company has a market capitalization of $17.75 billion, a PE ratio of 368.09, a P/E/G ratio of 1.97 and a beta of 0.33.

BioMarin Pharmaceutical (NASDAQ:BMRN - Get Rating) last released its quarterly earnings results on Wednesday, August 3rd. The biotechnology company reported $0.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.04. BioMarin Pharmaceutical had a return on equity of 1.78% and a net margin of 2.83%. During the same quarter last year, the company earned $0.23 EPS. As a group, analysts forecast that BioMarin Pharmaceutical will post 0.98 earnings per share for the current year.

Insider Buying and Selling

In other BioMarin Pharmaceutical news, EVP George Eric Davis sold 7,398 shares of BioMarin Pharmaceutical stock in a transaction that occurred on Friday, July 8th. The stock was sold at an average price of $90.00, for a total value of $665,820.00. Following the sale, the executive vice president now owns 58,941 shares of the company's stock, valued at approximately $5,304,690. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other BioMarin Pharmaceutical news, EVP Jeffrey Robert Ajer sold 1,308 shares of BioMarin Pharmaceutical stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $78.94, for a total value of $103,253.52. Following the sale, the executive vice president now owns 54,109 shares of the company's stock, valued at approximately $4,271,364.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP George Eric Davis sold 7,398 shares of BioMarin Pharmaceutical stock in a transaction that occurred on Friday, July 8th. The shares were sold at an average price of $90.00, for a total transaction of $665,820.00. Following the sale, the executive vice president now owns 58,941 shares of the company's stock, valued at $5,304,690. The disclosure for this sale can be found here. Insiders have sold a total of 16,043 shares of company stock valued at $1,425,735 over the last quarter. 1.75% of the stock is currently owned by insiders.

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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
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BMRN Company Calendar

Last Earnings
8/03/2022
Today
8/09/2022
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
$110.93
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+15.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$-64,080,000.00
Pretax Margin
2.95%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
182,228,000
Market Cap
$17.75 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 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 analysts is that investors should "buy" BMRN shares.
View BMRN analyst ratings
or view top-rated stocks.

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

15 brokers have issued 12 month target prices for BioMarin Pharmaceutical's shares. Their BMRN share price forecasts range from $70.00 to $135.00. On average, they anticipate the company's stock price to reach $110.93 in the next year. This suggests a possible upside of 15.9% from the stock's current price.
View analysts price targets for BMRN
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 the year. Since then, BMRN shares have increased by 8.3% and is now trading at $95.70.
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 BMRN earnings forecast
.

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 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 1.78%. During the same period in the previous year, the company earned $0.23 EPS.

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

BioMarin Pharmaceutical updated 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 Chief Executive Officer Jean-Jacques Bienaimé on Glassdoor.com. Jean-Jacques Bienaimé has an approval rating of 94% among the company'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 variety of institutional and retail investors. Top institutional shareholders include Parnassus Investments LLC (1.50%), Fort Washington Investment Advisors Inc. OH (0.67%), Manning & Napier Group LLC (0.51%), Swiss National Bank (0.43%), Jennison Associates LLC (0.39%) and Victory Capital Management Inc. (0.38%). Insiders that own company 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
.

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 $95.70.

How much money does BioMarin Pharmaceutical make?

BioMarin Pharmaceutical (NASDAQ:BMRN) has a market capitalization of $17.75 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 the company 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 8/10/2022 by MarketBeat.com Staff

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