NASDAQ:BMRN - BioMarin Pharmaceutical Stock Price, News, & Analysis

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$97.69 +0.18 (+0.18 %)
(As of 01/21/2019 01:00 AM ET)
Previous Close$97.69
Today's Range$95.64 - $98.52
52-Week Range$75.81 - $106.74
Volume1.29 million shs
Average Volume917,710 shs
Market Capitalization$17.39 billion
P/E Ratio-145.81
Dividend YieldN/A
Beta1.57
BioMarin Pharmaceutical, Inc., a biotechnology company, develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its commercial products include Aldurazyme that is used for the treatment of patients with mucopolysaccharidosis I, a genetic disease; Brineura for the treatment of late infantile neuronal ceroid lipofuscinosis type 2, a form of Batten disease; and Firdapse for Lambert Eaton Myasthenic Syndrome. The company's commercial products also comprise Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria, an inherited metabolic disease; Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with mucopolysaccharidosis VI; and Vimizim, an enzyme replacement therapy for the treatment of MPS IV A, a lysosomal storage disorder. Its clinical and pre-clinical product pipeline includes pegvaliase, an enzyme substitution therapy for the treatment of phenylketonuria; vosoritide, a peptide therapeutic for the treatment of achondroplasia, a form of disproportionate short stature in humans; valoctocogene roxaparvovec, an AAV5 vector and factor VIII gene therapy drug development candidate for the treatment of severe hemophilia A; BMN 250, an investigational enzyme replacement therapy for the treatment of Sanfilippo Syndrome Type B or mucopolysaccharidosis type IIIB; and BMN 290, a selective chromatin modulation therapy for the treatment of Friedreich's ataxia. The company serves specialty pharmacies; and end-users, such as hospitals and foreign government agencies, as well as distributors and pharmaceutical wholesalers in the United States, Europe, Latin America, and internationally. BioMarin Pharmaceutical Inc. has collaboration agreements with Sarepta Therapeutics and Genzyme Corporation; and a license agreement with Asubio Pharma Co., Ltd. The company was founded in 1996 and is headquartered in San Rafael, California.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:BMRN
CUSIP09061G10
Phone415-506-6700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.31 billion
Book Value$15.99 per share

Profitability

Net Income$-117,040,000.00

Miscellaneous

Employees2,581
Market Cap$17.39 billion
OptionableOptionable

BioMarin Pharmaceutical (NASDAQ:BMRN) Frequently Asked Questions

What is BioMarin Pharmaceutical's stock symbol?

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

How were BioMarin Pharmaceutical's earnings last quarter?

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) announced its quarterly earnings data on Thursday, October, 25th. The biotechnology company reported ($0.07) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.22) by $0.15. The biotechnology company earned $391.71 million during the quarter, compared to analysts' expectations of $369.43 million. BioMarin Pharmaceutical had a negative return on equity of 2.98% and a negative net margin of 8.35%. View BioMarin Pharmaceutical's Earnings History.

When is BioMarin Pharmaceutical's next earnings date?

BioMarin Pharmaceutical is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for BioMarin Pharmaceutical.

What price target have analysts set for BMRN?

20 brokerages have issued 1-year price targets for BioMarin Pharmaceutical's shares. Their predictions range from $83.16 to $145.00. On average, they anticipate BioMarin Pharmaceutical's share price to reach $114.5976 in the next year. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for BioMarin Pharmaceutical.

What is the consensus analysts' recommendation for BioMarin Pharmaceutical?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BioMarin Pharmaceutical in the last year. There are currently 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BioMarin Pharmaceutical.

What are Wall Street analysts saying about BioMarin Pharmaceutical stock?

Here are some recent quotes from research analysts about BioMarin Pharmaceutical stock:
  • 1. Cantor Fitzgerald analysts commented, "The Disclosure Section may be found on pages 4 – 5.We think BioMarin is entering a new chapter in the company’s history with many major readouts from late stage programs, e.g. Valrox and vosoritide, on the horizon. Overweight rating and $126 price target are based on a probability adjusted DCF analysis. We apply an 8% discount rate and a 2% terminal growth rate, in line with peers." (1/7/2019)
  • 2. According to Zacks Investment Research, "BioMarin’s key orphan disease drugs – Vimizim and Kuvan – continue to do well, backed by strong underlying patient demand trends. The latest FDA approval of Palynziq was the second product approval for BioMarin in less than two years, the first being Brineura in mid-2017. Its impressive rare disease pipeline is also progressing well. Growing pipeline focus toward gene therapy agents is encouraging. However, BioMarin has suffered a few regulatory setbacks related to its pipeline candidates in the past. Further, development setbacks can have a negative impact on the stock. Also, Naglazyme and Vimzin revenues vary on a quarterly basis primarily due to infrequent ordering patterns from some countries, mainly Brazil. The stock has outperformed the industry so far this year." (12/31/2018)

Has BioMarin Pharmaceutical been receiving favorable news coverage?

Media stories about BMRN stock have been trending somewhat negative on Monday, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. BioMarin Pharmaceutical earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave press coverage about the biotechnology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

Who are some of BioMarin Pharmaceutical's key competitors?

Who are BioMarin Pharmaceutical's key executives?

BioMarin Pharmaceutical's management team includes the folowing people:
  • Mr. Jean-Jacques Bienaimé MBA, Chairman & CEO (Age 65)
  • Mr. Daniel K. Spiegelman, Exec. VP & CFO (Age 59)
  • Dr. Robert A. Baffi, Exec. VP of Technical Operations (Age 63)
  • Mr. Jeffrey Robert Ajer, Exec. VP & Chief Commercial Officer (Age 56)
  • Dr. Henry J. Fuchs, Pres of Worldwide R&D (Age 60)

Who are BioMarin Pharmaceutical's major shareholders?

BioMarin Pharmaceutical's stock is owned by a variety of of institutional and retail investors. Top institutional investors include USS Investment Management Ltd (0.41%), Scout Investments Inc. (0.11%), Contravisory Investment Management Inc. (0.03%), Gulf International Bank UK Ltd (0.03%), IMA Wealth Inc. (0.02%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own BioMarin Pharmaceutical stock include Alan Lewis, Brian Mueller, Daniel K Spiegelman, Elaine J Heron, George Eric Davis, Henry J Fuchs, Jean Jacques Bienaime, Jeffrey Robert Ajer, Richard A Meier, Robert Baffi and V Bryan Lawlis. View Institutional Ownership Trends for BioMarin Pharmaceutical.

Which major investors are selling BioMarin Pharmaceutical stock?

BMRN stock was sold by a variety of institutional investors in the last quarter, including USS Investment Management Ltd, Gulf International Bank UK Ltd, Virtu Financial LLC, DNB Asset Management AS, Nisa Investment Advisors LLC and Appleton Partners Inc. MA. Company insiders that have sold BioMarin Pharmaceutical company stock in the last year include Alan Lewis, Brian Mueller, Daniel K Spiegelman, Elaine J Heron, George Eric Davis, Henry J Fuchs, Jean Jacques Bienaime, Jeffrey Robert Ajer, Richard A Meier, Robert Baffi and V Bryan Lawlis. View Insider Buying and Selling for BioMarin Pharmaceutical.

Which major investors are buying BioMarin Pharmaceutical stock?

BMRN stock was bought by a variety of institutional investors in the last quarter, including Contravisory Investment Management Inc., Scout Investments Inc., Gateway Investment Advisers LLC, IMA Wealth Inc. and State of Alaska Department of Revenue. View Insider Buying and Selling for BioMarin Pharmaceutical.

How do I buy shares of BioMarin Pharmaceutical?

Shares of BMRN 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 BioMarin Pharmaceutical's stock price today?

One share of BMRN stock can currently be purchased for approximately $97.69.

How big of a company is BioMarin Pharmaceutical?

BioMarin Pharmaceutical has a market capitalization of $17.39 billion and generates $1.31 billion in revenue each year. The biotechnology company earns $-117,040,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis. BioMarin Pharmaceutical employs 2,581 workers across the globe.

What is BioMarin Pharmaceutical's official website?

The official website for BioMarin Pharmaceutical is http://www.bmrn.com.

How can I contact BioMarin Pharmaceutical?

BioMarin Pharmaceutical's mailing address is 770 Lindaro Street, San Rafael CA, 94901. The biotechnology company can be reached via phone at 415-506-6700 or via email at [email protected]


MarketBeat Community Rating for BioMarin Pharmaceutical (NASDAQ BMRN)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  1,125 (Vote Outperform)
Underperform Votes:  578 (Vote Underperform)
Total Votes:  1,703
MarketBeat's community ratings are surveys of what our community members think about BioMarin Pharmaceutical and other stocks. Vote "Outperform" if you believe BMRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BMRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/21/2019 by MarketBeat.com Staff

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