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.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
SymbolNASDAQ:BMRN
CUSIP09061G10
Phone415-506-6700
Debt
Debt-to-Equity Ratio0.29
Current Ratio2.90
Quick Ratio2.29
Price-To-Earnings
Trailing P/E Ratio-146.78
Forward P/E Ratio-819.50
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.31 billion
Price / Sales13.23
Cash FlowN/A
Price / CashN/A
Book Value$15.99 per share
Price / Book6.15
Profitability
EPS (Most Recent Fiscal Year)($0.67)
Net Income$-117,040,000.00
Net Margins-10.48%
Return on Equity-3.01%
Return on Assets-1.89%
Miscellaneous
Employees2,581
Outstanding Shares176,710,000
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) issued its earnings results on Wednesday, April, 25th. The biotechnology company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.17) by $0.08. The biotechnology company earned $373.45 million during the quarter, compared to analyst estimates of $348.73 million. BioMarin Pharmaceutical had a negative return on equity of 3.01% and a negative net margin of 10.48%. The firm's revenue was up 22.9% compared to the same quarter last year. During the same period last year, the business earned $0.20 earnings per share. View BioMarin Pharmaceutical's Earnings History.
When is BioMarin Pharmaceutical's next earnings date?
What guidance has BioMarin Pharmaceutical issued on next quarter's earnings?
BioMarin Pharmaceutical issued an update on its FY18 earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $0.57-0.79 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.70. The company issued revenue guidance of $1.47-1.53 billion, compared to the consensus revenue estimate of $1.49 billion.
What price target have analysts set for BMRN?
20 brokerages have issued 1 year price targets for BioMarin Pharmaceutical's shares. Their forecasts range from $92.00 to $145.00. On average, they anticipate BioMarin Pharmaceutical's share price to reach $113.5789 in the next twelve months. 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. 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. BioMarin expects sustained growth in both the drugs. Brineura’s earlier-than-expected approval was also a huge boost for BioMarin. Its impressive rare-disease pipeline is also progressing well with approval for pegvaliase expected in 2018. 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 also underperformed the industry in the past year. Earnings estimates have increased ahead of the company’s Q1 earnings release. The company has a mixed record of earnings surprises in recent quarters." (4/25/2018)
- 2. JPMorgan Chase & Co. analysts commented, "BMRN’s 4Q print was largely in-line; the company also provided 2018 guidance that bracketed consensus revenue expectations. There was some incremental color on regulatory (pegvaliase) and commercial (Brineura/pegvaliase) progress / expectations for emerging products. Importantly, the pipeline continues on track, and 2019 looks to be a critical year on that front. We anticipate interest in BMRN will increase materially as we eventually get closer to the pivotal data for val rox and vosoritide. Reiterate OW." (2/25/2018)
- 3. Cowen Inc analysts commented, "New data include 52 wk follow-up on all patients at BMN270’s 6e13 vg/kg dose, and." (7/11/2017)
Who are some of BioMarin Pharmaceutical's key competitors?
Some companies that are related to BioMarin Pharmaceutical include Allergan (AGN), Celgene (CELG), Shire (SHPG), Zoetis (ZTS), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Shiseido (SSDOY), ASTELLAS PHARMA/ADR (ALPMY), Takeda Pharmaceutical (TKPYY), Alexion Pharmaceuticals (ALXN), Teva Pharmaceutical Industries (TEVA), Mylan (MYL), GRIFOLS S A/S (GRFS), UCB (UCBJF) and Ono Pharmaceutical (OPHLF).
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)
Has BioMarin Pharmaceutical been receiving favorable news coverage?
News coverage about BMRN stock has been trending positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. BioMarin Pharmaceutical earned a daily sentiment score of 0.25 on Accern's scale. They also assigned news stories about the biotechnology company an impact score of 47.24 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are BioMarin Pharmaceutical's major shareholders?
BioMarin Pharmaceutical's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Palo Alto Investors LP (1.44%), Manning & Napier Group LLC (1.08%), USS Investment Management Ltd (0.76%), OppenheimerFunds Inc. (0.71%), Thrivent Financial for Lutherans (0.69%) and Northern Trust Corp (0.62%). Company insiders that own BioMarin Pharmaceutical stock include Brian Mueller, Daniel K Spiegelman, Elaine J Heron, George Eric Davis, Henry J Fuchs, Jean Jacques Bienaime, Jeffrey Robert Ajer, 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 Lord Abbett & CO. LLC, Symphony Asset Management LLC, Point72 Asset Management L.P., Eaton Vance Management, TCW Group Inc., Swiss National Bank, American Century Companies Inc. and Element Capital Management LLC. Company insiders that have sold BioMarin Pharmaceutical company stock in the last year include Brian Mueller, Daniel K Spiegelman, Elaine J Heron, George Eric Davis, Henry J Fuchs, Jean Jacques Bienaime, Jeffrey Robert Ajer, 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 acquired by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, USS Investment Management Ltd, State of Wisconsin Investment Board, Prosight Management LP, Employees Retirement System of Texas, Palo Alto Investors LP, Bedell Frazier Investment Counseling LLC and Eagle Asset Management Inc.. 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 $98.34.
How big of a company is BioMarin Pharmaceutical?
BioMarin Pharmaceutical has a market capitalization of $16.89 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.
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 (BMRN)
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.
