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
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
SymbolNASDAQ:BMRN
CUSIP09061G10
Phone415-506-6700
Debt
Debt-to-Equity Ratio0.28
Current Ratio2.83
Quick Ratio2.24
Price-To-Earnings
Trailing P/E Ratio-151.96
Forward P/E Ratio-424.21
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.31 billion
Price / Sales13.76
Cash FlowN/A
Price / CashN/A
Book Value$15.99 per share
Price / Book6.37
Profitability
EPS (Most Recent Fiscal Year)($0.67)
Net Income$-117,040,000.00
Net Margins-8.68%
Return on Equity-3.00%
Return on Assets-1.84%
Miscellaneous
Employees2,581
Outstanding Shares177,590,000
Market Cap$18.02 billion
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) released its earnings results on Thursday, August, 2nd. The biotechnology company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by $0.03. The biotechnology company had revenue of $372.80 million for the quarter, compared to analyst estimates of $359.25 million. BioMarin Pharmaceutical had a negative return on equity of 3.00% and a negative net margin of 8.68%. BioMarin Pharmaceutical's revenue was up 17.4% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.21) earnings per share. View BioMarin Pharmaceutical's Earnings History.
When is BioMarin Pharmaceutical's next earnings date?
What price target have analysts set for BMRN?
18 equities research analysts have issued 1 year price targets for BioMarin Pharmaceutical's stock. Their forecasts range from $92.00 to $145.00. On average, they expect BioMarin Pharmaceutical's share price to reach $116.7222 in the next year. This suggests a possible upside of 14.6% from the stock's current price. View Analyst Price Targets for BioMarin Pharmaceutical.
What is the consensus analysts' recommendation for BioMarin Pharmaceutical?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BioMarin Pharmaceutical in the last year. There are currently 3 hold ratings, 14 buy ratings and 1 strong buy rating 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. JPMorgan Chase & Co. analysts commented, "BMRN reported an in-line 2Q after the close. Our focus was on early commentary around the Palynziq rollout, which sounds quite favorable relative to prevailing expectations. With solid commercial progress (targeting ~$2B in sales by 2020 pre potential impact of val rox and vosoritide) and major clinical catalysts on the horizon for 2019/20, we continue to have a high level of conviction in the long-term outlook for BMRN. Reiterate OW." (8/5/2018)
- 2. According to Zacks Investment Research, "BioMarin reported lower-than-expected earnings in Q1 but beat estimates for sales. 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. The latest FDA approval of pegvaliase 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. 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." (6/26/2018)
Who are some of BioMarin Pharmaceutical's key competitors?
Some companies that are related to BioMarin Pharmaceutical include Celgene (CELG), Allergan (AGN), Shire (SHPG), Vertex Pharmaceuticals (VRTX), Zoetis (ZTS), Regeneron Pharmaceuticals (REGN), ASTELLAS PHARMA/ADR (ALPMY), Takeda Pharmaceutical (TKPYY), Shiseido (SSDOY), Alexion Pharmaceuticals (ALXN), Teva Pharmaceutical Industries (TEVA), Mylan (MYL), UCB (UCBJF), GRIFOLS S A/S (GRFS) and Merck KGaA (MKGAF).
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?
Media headlines about BMRN stock have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. BioMarin Pharmaceutical earned a news impact score of 0.12 on Accern's scale. They also assigned news stories about the biotechnology company an impact score of 46.64 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for BioMarin Pharmaceutical.
Who are BioMarin Pharmaceutical's major shareholders?
BioMarin Pharmaceutical's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (6.56%), Waddell & Reed Financial Inc. (1.88%), Manning & Napier Group LLC (1.07%), Frontier Capital Management Co. LLC (0.69%), USS Investment Management Ltd (0.63%) and Fred Alger Management Inc. (0.55%). 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 OppenheimerFunds Inc., American Century Companies Inc., KBC Group NV, USS Investment Management Ltd, Point72 Asset Management L.P., Jennison Associates LLC, Carillon Tower Advisers Inc. and State of Wisconsin Investment Board. 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 bought by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Canada Pension Plan Investment Board, Waddell & Reed Financial Inc., Worldquant Millennium Quantitative Strategies LLC, Zevenbergen Capital Investments LLC, Scout Investments Inc., Bank of Montreal Can and Arrowgrass Capital Partners US LP. 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 $101.81.
How big of a company is BioMarin Pharmaceutical?
BioMarin Pharmaceutical has a market capitalization of $18.02 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 (NASDAQ 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.
