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NASDAQ:GMAB

Genmab A/S (GMAB) Stock Price, News & Analysis

$28.38
+0.25 (+0.89%)
(As of 07/26/2024 ET)
Today's Range
$28.14
$28.47
50-Day Range
$24.85
$29.81
52-Week Range
$24.53
$42.72
Volume
609,703 shs
Average Volume
584,082 shs
Market Capitalization
$18.77 billion
P/E Ratio
23.65
Dividend Yield
N/A
Price Target
$49.50

Genmab A/S MarketRank™ Stock Analysis

Analyst Rating
Hold
2.42 Rating Score
Upside/​Downside
74.4% Upside
$49.50 Price Target
Short Interest
Healthy
0.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.91mentions of Genmab A/S in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
24.78%
From $1.13 to $1.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.95 out of 5 stars

Medical Sector

217th out of 936 stocks

Pharmaceutical Preparations Industry

92nd out of 436 stocks

GMAB stock logo

About Genmab A/S Stock (NASDAQ:GMAB)

Genmab A/S develops antibody therapeutics for the treatment of cancer and other diseases primarily in Denmark. The company markets DARZALEX, a human monoclonal antibody for the treatment of patients with multiple myeloma (MM); teprotumumab for the treatment of thyroid eye disease; and Amivantamab for advanced or metastatic gastric or esophageal cancer and NSCLC. Its products include daratumumab to treat MM, non-MM blood cancers, and AL amyloidosis; GEN1047; tisotumab vedotin for treating cervical, ovarian, and solid cancers; DuoBody-PD-L1x4-1BB, and DuoBody-CD40x4-1BB for treating solid tumors; Epcoritamab for relapsed/refractory diffuse large B-cell lymphoma and chronic lymphocytic leukemia; and HexaBody-CD38 and GEN3017 for treating hematological malignancies. In addition, the company develops Inclacumab, which is in Phase 3 trial for vaso-occlusive crises; Camidanlumab tesirine to treat hodgkin lymphoma and solid tumors; JNJ-64007957 and JNJ-64407564 to treat MM; PRV-015 for treating celiac disease; Mim8 for treating haemophilia A; and Lu AF82422 for treating multiple system atrophy disease. It operates various active pre-clinical programs. The company has a commercial license and collaboration agreement with Seagen Inc. to co-develop tisotumab vedotin. It also has a collaboration agreement with argenx to discover, develop, and commercialize novel therapeutic antibodies with applications in immunology and oncology; and AbbVie for the development of epcoritamab, as well as collaborations with BioNTech, Janssen, and Novo Nordisk A/S. Genmab A/S was founded in 1999 and is headquartered in Copenhagen, Denmark.

GMAB Stock Price History

GMAB Stock News Headlines

Brokerages Set Genmab A/S (NASDAQ:GMAB) PT at $49.50
Genmab A/S (NASDAQ:GMAB) Rating Reiterated by HC Wainwright
625,000% Gain
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TD Cowen Keeps Their Hold Rating on Genmab (GMAB)
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Completion of Share Buy-back Program
7 Biotech Stocks to Buy on the Dip: June 2024
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/27/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:GMAB
Fax
N/A
Employees
2,204
Year Founded
1999

Price Target and Rating

Average Stock Price Target
$49.50
High Stock Price Target
$53.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+74.4%
Consensus Rating
Hold
Rating Score (0-4)
2.42
Research Coverage
12 Analysts

Profitability

Net Income
$631.91 million
Pretax Margin
39.74%

Debt

Sales & Book Value

Annual Sales
$17.78 billion
Cash Flow
$1.26 per share
Book Value
$6.95 per share

Miscellaneous

Free Float
651,115,000
Market Cap
$18.77 billion
Optionable
Optionable
Beta
0.97

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Key Executives

  • Dr. Jan G.J. van de Winkel Ph.D. (Age 63)
    Co-Founder, President & CEO
    Comp: $2.9M
  • Mr. Anthony Pagano (Age 46)
    Executive VP & CFO
    Comp: $1.03M
  • Mr. Anthony Mancini (Age 53)
    Executive VP & COO
    Comp: $1.14M
  • Ms. Birgitte Stephensen M.Sc. (Age 63)
    Executive VP & Chief Legal Officer
    Comp: $637.57k
  • Mr. Christopher Cozic (Age 45)
    Executive VP & Chief People Officer
    Comp: $782.47k
  • Dr. Martine J. van Vugt Ph.D. (Age 53)
    Executive VP & Chief Strategy Officer
    Comp: $695.53k
  • Mr. Martin Schultz (Age 48)
    Senior Director of Clinical Operations & Non-Independent Director
    Comp: $115.92k
  • Dr. Judith V. Klimovsky M.D. (Age 66)
    Executive VP & Chief Development Officer
    Comp: $1.17M
  • Dr. Tahamtan Ahmadi (Age 51)
    Executive VP, Chief Medical Officer & Head of Experimental Medicines
    Comp: $1.12M
  • Dr. Mijke Zachariasse Ph.D. (Age 50)
    Senior Director, Head of Antibody Research Materials & Non-Independent Director
    Comp: $159.39k

Should I Buy Genmab A/S Stock? GMAB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Genmab A/S:

  • Genmab A/S has a strong track record of developing antibody therapeutics for the treatment of cancer and other diseases, showcasing potential for future growth and innovation in the healthcare sector.
  • Recent analyst ratings have been positive, with a consensus price target of $49.25, indicating potential for stock price appreciation.
  • The company reported solid quarterly earnings, meeting analysts' consensus estimates and demonstrating financial stability.
  • Genmab A/S has a market capitalization of $17.46 billion, reflecting its position as a significant player in the biopharmaceutical industry.
  • With a beta of 0.99, Genmab A/S exhibits lower volatility compared to the market average, potentially offering a more stable investment option.

Cons

Investors should be bearish about investing in Genmab A/S for these reasons:

  • Despite positive analyst ratings, the stock has experienced recent trading down trends, indicating potential short-term volatility and uncertainty in the market.
  • The P/E ratio of 21.98 suggests that the stock may be relatively overvalued compared to industry peers, potentially limiting immediate upside potential.
  • Genmab A/S has a fifty-two week high of $42.72, which may pose resistance levels for further stock price appreciation in the near term.
  • The company's P/E/G ratio of 1.02 indicates that the stock may be trading at a premium relative to its earnings growth rate, potentially signaling limited room for further valuation expansion.
  • Investors should consider the company's net margin of 30.74% and return on equity of 18.90% in evaluating the overall financial health and profitability of Genmab A/S.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 1, 2024. Please send any questions or comments about these Genmab A/S pros and cons to contact@marketbeat.com.

GMAB Stock Analysis - Frequently Asked Questions

How have GMAB shares performed this year?

Genmab A/S's stock was trading at $31.84 at the start of the year. Since then, GMAB stock has decreased by 10.9% and is now trading at $28.38.
View the best growth stocks for 2024 here
.

How were Genmab A/S's earnings last quarter?

Genmab A/S (NASDAQ:GMAB) announced its earnings results on Thursday, May, 2nd. The company reported $0.16 earnings per share for the quarter, meeting analysts' consensus estimates of $0.16. The company earned $603.30 million during the quarter, compared to analysts' expectations of $594.23 million. Genmab A/S had a trailing twelve-month return on equity of 18.90% and a net margin of 30.74%.

When did Genmab A/S IPO?

Genmab A/S (GMAB) raised $503 million in an initial public offering on Thursday, July 18th 2019. The company issued 27,800,000 shares at a price of $18.11 per share. BofA Merrill Lynch, Morgan Stanley and Jefferies served as the underwriters for the IPO and Guggenheim Securities and RBC Capital Markets were co-managers.

Who are Genmab A/S's major shareholders?

Genmab A/S's top institutional shareholders include Bank of New York Mellon Corp (0.01%), Fifth Third Bancorp (0.01%), SG Americas Securities LLC (0.01%) and QRG Capital Management Inc..

How do I buy shares of Genmab A/S?

Shares of GMAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Genmab A/S own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Genmab A/S investors own include NVIDIA (NVDA), Alibaba Group (BABA), Johnson & Johnson (JNJ), CVS Health (CVS), Home Depot (HD), Intel (INTC) and Pfizer (PFE).

This page (NASDAQ:GMAB) was last updated on 7/27/2024 by MarketBeat.com Staff

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