NASDAQ:HALOHalozyme Therapeutics Stock Price, Forecast & News

Halozyme Therapeutics' stock was trading at $18.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HALO shares have increased by 30.6% and is now trading at $23.79. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Halozyme Therapeutics in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Halozyme Therapeutics.

Halozyme Therapeutics is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Halozyme Therapeutics.

Halozyme Therapeutics, Inc. (NASDAQ:HALO) posted its quarterly earnings data on Monday, May, 11th. The biopharmaceutical company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by $0.02. The biopharmaceutical company earned $25.30 million during the quarter, compared to analyst estimates of $42.96 million. Halozyme Therapeutics had a negative return on equity of 48.92% and a negative net margin of 48.75%. Halozyme Therapeutics's quarterly revenue was down 55.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.01 EPS. View Halozyme Therapeutics' earnings history.

Halozyme Therapeutics updated its FY20 earnings guidance on Monday, May, 11th. The company provided EPS guidance of $0.60-0.75 for the period, compared to the Thomson Reuters consensus estimate of $0.62. The company issued revenue guidance of $230-245 million, compared to the consensus revenue estimate of $239.41 million.

8 Wall Street analysts have issued 1-year price objectives for Halozyme Therapeutics' shares. Their forecasts range from $20.00 to $39.00. On average, they expect Halozyme Therapeutics' share price to reach $28.63 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price. View analysts' price targets for Halozyme Therapeutics.

News coverage about HALO stock has been trending negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Halozyme Therapeutics earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned news stories 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 next several days. View the latest news aboutHalozyme Therapeutics.

Halozyme Therapeutics saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 15,480,000 shares, an increase of 9.4% from the April 30th total of 14,150,000 shares. Based on an average daily trading volume, of 1,780,000 shares, the days-to-cover ratio is presently 8.7 days. Currently, 12.0% of the shares of the company are sold short. View Halozyme Therapeutics' Current Options Chain.

Some companies that are related to Halozyme Therapeutics include Amgen (AMGN), Gilead Sciences (GILD), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Biogen (BIIB), Seattle Genetics (SGEN), Alexion Pharmaceuticals (ALXN), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Alnylam Pharmaceuticals (ALNY), EXACT Sciences (EXAS), Neurocrine Biosciences (NBIX), Immunomedics (IMMU) and Ionis Pharmaceuticals (IONS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Halozyme Therapeutics investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Gilead Sciences (GILD), NIC (EGOV), Micron Technology (MU), Allergan (AGN) and Aegean Marine Petroleum Network (ANW).

Halozyme Therapeutics trades on the NASDAQ under the ticker symbol "HALO."

Halozyme Therapeutics' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.80%), Third Security LLC (5.10%), William Blair Investment Management LLC (4.75%), JPMorgan Chase & Co. (3.53%), State Street Corp (3.16%) and Invesco Ltd. (2.71%). Company insiders that own Halozyme Therapeutics stock include Dimitrios Chondros, Kenneth J Kelley, Michael J Labarre and Randal J Kirk. View institutional ownership trends for Halozyme Therapeutics.

HALO stock was sold by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Invesco Ltd., Two Sigma Investments LP, Nuveen Asset Management LLC, Federated Hermes Inc., Deutsche Bank AG, DeepCurrents Investment Group LLC, and State Street Corp. Company insiders that have sold Halozyme Therapeutics company stock in the last year include Dimitrios Chondros, and Michael J Labarre. View insider buying and selling activity for Halozyme Therapeutics.

HALO stock was bought by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, Eagle Asset Management Inc., Two Sigma Advisers LP, Castleark Management LLC, Fuller & Thaler Asset Management Inc., Portolan Capital Management LLC, Penn Capital Management Co. Inc., and JPMorgan Chase & Co.. View insider buying and selling activity for Halozyme Therapeutics.

Shares of HALO 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.

One share of HALO stock can currently be purchased for approximately $23.79.

Halozyme Therapeutics has a market capitalization of $3.23 billion and generates $195.99 million in revenue each year. The biopharmaceutical company earns $-72,240,000.00 in net income (profit) each year or ($0.50) on an earnings per share basis. Halozyme Therapeutics employs 281 workers across the globe.

The official website for Halozyme Therapeutics is www.halozyme.com.

Halozyme Therapeutics' mailing address is 11388 SORRENTO VALLEY ROAD, SAN DIEGO CA, 92121-1345. The biopharmaceutical company can be reached via phone at 858-794-8889 or via email at [email protected]