NASDAQ:GILDGilead Sciences Stock Price, Forecast & News

$74.99

+0.32 (+0.43 %)

(As of 04/8/2020 04:00 PM ET)

Add

Compare

Today's Range

$73.57

Now: $74.99▼

$75.13

50-Day Range

$67.00

MA: $73.27▼

$80.23

52-Week Range

$60.89

Now: $74.99▼

$85.97

Volume12.20 million shs

Average Volume19.52 million shs

Market Capitalization$94.41 billion

P/E Ratio17.81

Dividend Yield3.64%

Beta0.68

Gilead Sciences, Inc., a research-based biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical needs in the United States, Europe, and internationally. The company's products include Biktarvy, Descovy, Odefsey, Genvoya, Stribild, Complera/Eviplera, Atripla, and Truvada for the treatment of human immunodeficiency virus (HIV) infection in adults; and Vosevi, Vemlidy, Epclusa, Harvoni, and Viread products for treating liver diseases. It also provides Yescarta, a chimeric antigen receptor T cell therapy for adult patients with relapsed or refractory large B-cell lymphoma; Zydelig, a kinase inhibitor; Letairis, an oral formulation of an endothelin receptor antagonist for pulmonary arterial hypertension; Ranexa, a tablet to treat chronic angina; and AmBisome, an antifungal agent to treat serious invasive fungal infections. In addition, the company offers its products under the name Cayston, Emtriva, Hepsera, Sovaldi, and Tybost. Further, it develops product candidates for the treatment of HIV/AIDS and liver diseases, hematology/oncology, inflammation/respiratory diseases, and others. The company markets its products through its commercial teams; and in conjunction with third-party distributors and corporate partners. Gilead Sciences, Inc. has collaboration agreements with Bristol-Myers Squibb Company; Janssen Sciences Ireland UC; Japan Tobacco Inc.; Galapagos NV; Scholar Rock Holding Corporation; Tango Therapeutics; National Cancer Institute; Pfizer, Inc.; Sangamo Therapeutics, Inc.; Gadeta B.V.; HiFiBiO Therapeutics; Agenus Inc.; HOOKIPA Pharma Inc.; Goldfinch Bio, Inc.; and insitro Inc. The company was founded in 1987 and is headquartered in Foster City, California.

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
Gilead Sciences has received a consensus rating of Hold. The company's average rating score is 2.41, and is based on 15 buy ratings, 11 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $77.58, Gilead Sciences has a potential upside of 3.4% from its current price of $74.99.
Amount of Analyst Coverage
Gilead Sciences has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.3 Community Rank

Outperform Votes
Gilead Sciences has received 2,325 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Gilead Sciences has received 1,185 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Gilead Sciences has received 66.24% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Gilead Sciences and other stocks. Vote “Outperform” if you believe GILD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GILD will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Gilead Sciences is a leading dividend payer. It pays a dividend yield of 3.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Gilead Sciences has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Gilead Sciences is 44.30 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Gilead Sciences will have a dividend payout ratio of 44.16 % next year. This indicates that Gilead Sciences will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gilead Sciences insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,284,429.00 in company stock.
Percentage Held by Insiders
Only 0.13% of the stock of Gilead Sciences is held by insiders.
Percentage Held by Institutions
80.32% of the stock of Gilead Sciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Gilead Sciences are expected to grow by 2.16% in the coming year, from $6.03 to $6.16 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gilead Sciences is 17.81, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gilead Sciences is 17.81, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 20.91.
Price to Earnings Growth Ratio
Gilead Sciences has a PEG Ratio of 6.12. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Gilead Sciences has a P/B Ratio of 4.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.22 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Biological products, except diagnostic

Sub-IndustryBiotechnology

SectorMedical

Current SymbolNASDAQ:GILD

Previous Symbol

CUSIP37555810

CIK882095

Webhttp://www.gilead.com/

Phone650-574-3000

Debt

Debt-to-Equity Ratio1.02

Current Ratio3.10

Quick Ratio3.01

Price-To-Earnings

Trailing P/E Ratio17.81

Forward P/E Ratio12.44

P/E Growth6.12

Sales & Book Value

Annual Sales$22.45 billion

Price / Sales4.21

Cash Flow$7.00 per share

Price / Cash Flow10.72

Book Value$17.90 per share

Price / Book4.19

Profitability

EPS (Most Recent Fiscal Year)$6.14

Net Income$5.39 billion

Net Margins23.99%

Return on Equity35.49%

Return on Assets12.69%

Miscellaneous

Employees11,800

Outstanding Shares1,259,015,000

Market Cap$94.41 billion

Next Earnings Date5/7/2020 (Estimated)

OptionableOptionable

Receive GILD News and Ratings via Email

Sign-up to receive the latest news and ratings for GILD and its competitors with MarketBeat's FREE daily newsletter.

Gilead Sciences (NASDAQ:GILD) Frequently Asked Questions

How has Gilead Sciences' stock been impacted by COVID-19 (Coronavirus)?

Gilead Sciences' stock was trading at $73.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GILD stock has increased by 1.8% and is now trading at $74.99. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Gilead Sciences?

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gilead Sciences in the last year. There are currently 3 sell ratings, 11 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Gilead Sciences.

When is Gilead Sciences' next earnings date?

Gilead Sciences is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Gilead Sciences.

How were Gilead Sciences' earnings last quarter?

Gilead Sciences, Inc. (NASDAQ:GILD) posted its quarterly earnings data on Tuesday, February, 4th. The biopharmaceutical company reported $1.30 EPS for the quarter, missing the consensus estimate of $1.67 by $0.37. The biopharmaceutical company earned $5.88 billion during the quarter, compared to the consensus estimate of $5.74 billion. Gilead Sciences had a return on equity of 35.49% and a net margin of 23.99%. The firm's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.44 earnings per share. View Gilead Sciences' earnings history.

How often does Gilead Sciences pay dividends? What is the dividend yield for Gilead Sciences?

Gilead Sciences declared a quarterly dividend on Tuesday, February 4th. Shareholders of record on Friday, March 13th will be paid a dividend of $0.68 per share on Monday, March 30th. This represents a $2.72 annualized dividend and a yield of 3.63%. The ex-dividend date is Thursday, March 12th. This is an increase from Gilead Sciences's previous quarterly dividend of $0.63. View Gilead Sciences' dividend history.

What guidance has Gilead Sciences issued on next quarter's earnings?

Gilead Sciences issued an update on its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of 6.00-6.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.02. The company issued revenue guidance of 21.8-22.2 billion, compared to the consensus revenue estimate of $22.54 billion.

What price target have analysts set for GILD?

29 brokers have issued 12-month price objectives for Gilead Sciences' stock. Their forecasts range from $60.00 to $95.00. On average, they anticipate Gilead Sciences' share price to reach $77.58 in the next year. This suggests a possible upside of 3.4% from the stock's current price. View analysts' price targets for Gilead Sciences.

What are Wall Street analysts saying about Gilead Sciences stock?

Here are some recent quotes from research analysts about Gilead Sciences stock:

1. Needham & Company LLC analysts commented, "Gilead reported $5.28B in 1Q19 total revenue, in line w/ our $5.27B and consensus $5.3B ests. Product sales were $5.20B (-8% q/q), matching our $5.16B and consensus $5.2B ests. Mgmt had guided for 12-14% sequential decline. All annual guidance unch. Non-GAAP EPS $1.76 was above our $1.64 and consensus $1.61 ests. New CEO O’Day outlined priorities (Strengthen pipeline [internal and external business development]; Ensure optimal commercial delivery; and Reassess organizational structure [‘evolution not revolution’]) and announced that Kite will operate as a separate business unit w/ a new CEO reporting directly to O’Day. Filgotinib MAA to be submitted 3Q19, but no update yet on strategy/ timing for NDA submission. NASH ATLAS drug combination trial results expected 4Q19 (unch). HOLD." (5/6/2019)
2. Cowen Inc analysts commented, "NTLA reported 1Q results of $10.4M in collaboration revenue, $34M in -$0.49 vs consensus EPS of -$0.57. 1Q cash balance was $296.6M, which management estimates will fund operations into 1H 2021. The call included several updates on the pipeline in in-vivo editing and ex-vivo engineered T-Cells: 1) NTLA remains on track for NDA submission of NTLA-2001 for ATTR in 2020 and preparations (manufacturing & toxicology) are ongoing. 2) Data presented at ASGCT was the first demonstration of CRISPR/Cas9-based targeted insertion in the liver of non-human primates. We view this as a validation of NTLA’s modular LNP+AAV approach to in-vivo editing. 3) ASGCT presentation on engineered cell therapy (WT1 insertion into >95% of isolated T-cells) shows progress in cell therapy." (5/3/2019)
3. According to Zacks Investment Research, "Gilead’s HIV franchise maintains momentum, driven by continued uptake of Genvoya and Odefsey, and the rapid adoption of Biktarvy. However, the company’s HCV franchise continues to witness a slowdown across key markets, including the United States and Europe, as a result of competition and pricing pressure. Consequently, Gilead shifted focus to its HIV franchise, and newer avenues like CAR-T therapy and NASH. However, the company suffered a setback with the failure of a late-stage study on selonsertib in patients with compensated cirrhosis (F4) due to NASH. Shares have underperformed the industry in the past three months." (5/2/2019)
4. Cantor Fitzgerald analysts commented, ". We reiterate our Overweight rating and $87 Price Target. We do not think today’s announcement that GILD’s STELLAR3 study was unsuccessful will be met with much surprise after the previous STELLAR4 failure: no changes to our estimates. The fibrosis improvement was least for the high dose and greatest for the placebo with a p-value at the higher dose of 0.42 and at lower dose it was 0.93. After both STELLAR Ph3 readouts we are focused on how Gilead will advance its strategy in NASH; we think M&A could be a strategy." (4/25/2019)
5. Mizuho analysts commented, "DERM is a leading dermatology company with commercial and pipeline advancements that could drive upwards earnings revisions and the stock higher. Valuation Summary We use a blend of DCF and multiples (EV/EBITDA) analysis to get to our 12-month price target of $25." (4/22/2019)

Has Gilead Sciences been receiving favorable news coverage?

News stories about GILD stock have trended very negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gilead Sciences earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the biopharmaceutical company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutGilead Sciences.

Are investors shorting Gilead Sciences?

Gilead Sciences saw a increase in short interest in March. As of March 13th, there was short interest totaling 26,584,200 shares, an increase of 11.9% from the February 27th total of 23,760,000 shares. Based on an average trading volume of 25,235,700 shares, the days-to-cover ratio is currently 1.1 days. Approximately 2.1% of the shares of the stock are sold short. View Gilead Sciences' Current Options Chain.

Who are some of Gilead Sciences' key competitors?

Some companies that are related to Gilead Sciences include Amgen (AMGN), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Biogen (BIIB), Seattle Genetics (SGEN), Alexion Pharmaceuticals (ALXN), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Alnylam Pharmaceuticals (ALNY), Neurocrine Biosciences (NBIX), EXACT Sciences (EXAS), Ionis Pharmaceuticals (IONS), Exelixis (EXEL) and Repligen (RGEN).

What other stocks do shareholders of Gilead Sciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gilead Sciences investors own include Walt Disney (DIS), Alibaba Group (BABA), Micron Technology (MU), Intel (INTC), Celgene (CELG), NVIDIA (NVDA), Netflix (NFLX), AbbVie (ABBV), AT&T (T) and Bank of America (BAC).

Who are Gilead Sciences' key executives?

Gilead Sciences' management team includes the following people:

Ms. Robin L. Washington, CFO & Exec. VP (Age 56)
Dr. John G. McHutchison M.D., FRACP, Chief Scientific Officer and Head of R&D (Age 61)
Mr. Gregg H. Alton, Chief Patient Officer (Age 53)
Ms. Laura Hamill, Exec. VP of Worldwide Commercial Operations (Age 54)
Mr. Daniel O'Day, Chairman & CEO (Age 55)

What is Gilead Sciences' stock symbol?

Gilead Sciences trades on the NASDAQ under the ticker symbol "GILD."

Who are Gilead Sciences' major shareholders?

Gilead Sciences' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.10%), Nexus Investment Management Inc. (0.02%), State of Alaska Department of Revenue (0.02%), Foundation Resource Management Inc. (0.01%), Private Asset Management Inc. (0.01%) and Cardinal Capital Management Inc. (0.01%). Company insiders that own Gilead Sciences stock include Brett A Pletcher, Gayle E Wilson, John C Martin, John Francis Cogan, Olsen Per Wold and Richard James Whitley. View institutional ownership trends for Gilead Sciences.

Which institutional investors are selling Gilead Sciences stock?

GILD stock was sold by a variety of institutional investors in the last quarter, including First American Bank, Foundation Resource Management Inc., Private Asset Management Inc., Centric Wealth Management, RDA Financial Network, Harbour Capital Advisors LLC, Neville Rodie & Shaw Inc., and E&G Advisors LP. Company insiders that have sold Gilead Sciences company stock in the last year include Brett A Pletcher, Gayle E Wilson, John Francis Cogan, and Olsen Per Wold. View insider buying and selling activity for Gilead Sciences.

Which institutional investors are buying Gilead Sciences stock?

GILD stock was purchased by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Cullinan Associates Inc., First Financial Bank Trust Division, Confluence Investment Management LLC, Trinity Legacy Partners LLC, F&V Capital Management LLC, State of Alaska Department of Revenue, and IBM Retirement Fund. View insider buying and selling activity for Gilead Sciences.

How do I buy shares of Gilead Sciences?

Shares of GILD 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, Robinhood, Fidelity, and Charles Schwab.

What is Gilead Sciences' stock price today?

One share of GILD stock can currently be purchased for approximately $74.99.

How big of a company is Gilead Sciences?

Gilead Sciences has a market capitalization of $94.41 billion and generates $22.45 billion in revenue each year. The biopharmaceutical company earns $5.39 billion in net income (profit) each year or $6.14 on an earnings per share basis. Gilead Sciences employs 11,800 workers across the globe. View additional information about Gilead Sciences.

What is Gilead Sciences' official website?

The official website for Gilead Sciences is http://www.gilead.com/.

How can I contact Gilead Sciences?

Gilead Sciences' mailing address is 333 LAKESIDE DRIVE, FOSTER CITY CA, 94404. The biopharmaceutical company can be reached via phone at 650-574-3000 or via email at [email protected]

This page was last updated on 4/8/2020 by MarketBeat.com Staff

NASDAQ:GILDGilead Sciences Stock Price, Forecast & News

Adding

Adding

Adding Gilead Sciences, Inc.

Beat the Market (BTM) Rank™

2.2 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

3.3 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment