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NASDAQ:GMAB

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

$28.01
+0.01 (+0.04%)
(As of 05/28/2024 ET)
Today's Range
$27.90
$28.53
50-Day Range
$27.46
$30.83
52-Week Range
$26.32
$42.72
Volume
545,901 shs
Average Volume
573,898 shs
Market Capitalization
$18.52 billion
P/E Ratio
23.34
Dividend Yield
N/A
Price Target
$48.50

Genmab A/S MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
73.2% Upside
$48.50 Price Target
Short Interest
Bearish
0.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.73mentions of Genmab A/S in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
27.03%
From $1.11 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.

3.15 out of 5 stars

Medical Sector

336th out of 931 stocks

Pharmaceutical Preparations Industry

157th out of 433 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

Transactions in Connection with Share Buy-back Program
Genmab Completes Acquisition of ProfoundBio
Genmab Completes Acquisition of ProfoundBio
Genmab: A Complicated Tale
Genmab A/S (GMAB)
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/28/2024
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
$48.50
High Stock Price Target
$50.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+70.4%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
13 Analysts

Profitability

Net Income
$631.91 million
Pretax Margin
39.74%

Debt

Sales & Book Value

Annual Sales
$2.39 billion
Cash Flow
$1.26 per share
Book Value
$6.95 per share

Miscellaneous

Free Float
651,047,000
Market Cap
$18.83 billion
Optionable
Optionable
Beta
1.00

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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

GMAB Stock Analysis - Frequently Asked Questions

Should I buy or sell Genmab A/S stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Genmab A/S in the last year. There are currently 3 sell ratings, 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" GMAB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GMAB, but not buy additional shares or sell existing shares.
View GMAB analyst ratings
or view top-rated stocks.

What is Genmab A/S's stock price target for 2024?

13 brokers have issued 12 month price targets for Genmab A/S's stock. Their GMAB share price targets range from $46.00 to $50.00. On average, they predict the company's stock price to reach $48.50 in the next year. This suggests a possible upside of 73.2% from the stock's current price.
View analysts price targets for GMAB
or view top-rated stocks among Wall Street analysts.

How have GMAB shares performed in 2024?

Genmab A/S's stock was trading at $31.84 at the beginning of the year. Since then, GMAB shares have decreased by 12.0% and is now trading at $28.01.
View the best growth stocks for 2024 here
.

Are investors shorting Genmab A/S?

Genmab A/S saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,960,000 shares, an increase of 7.6% from the April 30th total of 2,750,000 shares. Based on an average daily volume of 520,800 shares, the short-interest ratio is presently 5.7 days. Currently, 0.5% of the company's stock are sold short.
View Genmab A/S's Short Interest
.

When is Genmab A/S's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our GMAB earnings forecast
.

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

Genmab A/S (NASDAQ:GMAB) posted its quarterly earnings results on Thursday, May, 2nd. The company reported $0.16 EPS for the quarter, hitting analysts' consensus estimates of $0.16. The company had revenue of $603.30 million for the quarter, compared to analyst estimates 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%.

What guidance has Genmab A/S issued on next quarter's earnings?

Genmab A/S issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.7 billion-$3.0 billion, compared to the consensus revenue estimate of $2.8 billion.

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

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

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 acted 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 stock is owned by a number of institutional and retail investors. Top institutional investors include Capital International Investors (0.66%), Oppenheimer Asset Management Inc. (0.03%), Raymond James & Associates (0.03%), US Bancorp DE (0.02%), Williams Jones Wealth Management LLC. (0.01%) and Bamco Inc. NY (0.01%).

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.

This page (NASDAQ:GMAB) was last updated on 5/28/2024 by MarketBeat.com Staff

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