Halozyme Therapeutics - HALO Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Halozyme Therapeutics in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HALO shares.
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8 brokerages have issued 12-month target prices for Halozyme Therapeutics' shares. Their HALO share price forecasts range from $42.00 to $68.00. On average, they anticipate the company's share price to reach $56.13 in the next twelve months. This suggests a possible upside of 62.7% from the stock's current price.
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Halozyme Therapeutics' stock was trading at $56.90 at the beginning of 2023. Since then, HALO stock has decreased by 39.4% and is now trading at $34.49.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
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Halozyme Therapeutics, Inc. (NASDAQ:HALO) released its earnings results on Tuesday, November, 2nd. The biopharmaceutical company reported $1.48 EPS for the quarter, topping the consensus estimate of $0.42 by $1.06. The biopharmaceutical company earned $115.83 million during the quarter, compared to analysts' expectations of $101.94 million. Halozyme Therapeutics had a trailing twelve-month return on equity of 141.30% and a net margin of 30.62%. During the same period in the previous year, the firm earned $0.25 earnings per share.

ETFs with the largest weight of Halozyme Therapeutics (NASDAQ:HALO) stock in their portfolio include Future Fund Active ETF (FFND), Invesco Dynamic Biotechnology & Genome ETF (PBE), Invesco DWA Healthcare Momentum ETF (PTH), Goldman Sachs Future Health Care Equity ETF (GDOC), BlackRock Future Innovators ETF (BFTR), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and Invesco S&P MidCap 400 Pure Growth ETF (RFG).

Halozyme Therapeutics updated its FY 2023 earnings guidance on Wednesday, March, 1st. The company provided EPS guidance of $2.50-$2.65 for the period, compared to the consensus earnings per share estimate of $2.78. The company issued revenue guidance of $815.00 million-$845.00 million, compared to the consensus revenue estimate of $868.12 million.

12 employees have rated Halozyme Therapeutics Chief Executive Officer Helen Torley on Glassdoor.com. Helen Torley has an approval rating of 75% among the company's employees.

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), Micron Technology (MU), Gilead Sciences (GILD), Athabasca Oil (ATH), NIC (EGOV), Allergan (AGN) and AbbVie (ABBV).

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

Halozyme Therapeutics' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Artisan Partners Limited Partnership (5.28%), William Blair Investment Management LLC (2.74%), Macquarie Group Ltd. (1.93%), Geode Capital Management LLC (1.86%), GW&K Investment Management LLC (1.54%) and Price T Rowe Associates Inc. MD (1.21%). Insiders that own company stock include Connie Matsui, Helen Torley, James M Daly, Jean-Pierre Bizzari, Jeffrey William Henderson, Kenneth J Kelley, Matthew L Posard, Michael J Labarre and Nicole Labrosse.
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Shares of HALO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HALO stock can currently be purchased for approximately $34.49.

Halozyme Therapeutics (NASDAQ:HALO) has a market capitalization of $4.67 billion and generates $660.12 million in revenue each year. The biopharmaceutical company earns $202.13 million in net income (profit) each year or $1.45 on an earnings per share basis.

The company employs 145 workers across the globe.

Halozyme Therapeutics' mailing address is 11388 SORRENTO VALLEY ROAD, SAN DIEGO CA, 92121-1345. The official website for the company is www.halozyme.com. The biopharmaceutical company can be reached via phone at 858-794-8889, via email at ir@halozyme.com, or via fax at 858-704-8311.