NASDAQ:HCM

HUTCHMED (HCM) Stock Price, News & Analysis

$16.94
+0.44 (+2.67%)
(As of 04/22/2024 ET)
Today's Range
$16.71
$17.02
50-Day Range
$13.53
$18.56
52-Week Range
$10.68
$20.73
Volume
148,847 shs
Average Volume
119,093 shs
Market Capitalization
$2.95 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.70

HUTCHMED MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
75.3% Upside
$29.70 Price Target
Short Interest
Bearish
0.29% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.84mentions of HUTCHMED in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.45) to $0.48 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.

1.52 out of 5 stars

Medical Sector

677th out of 910 stocks

Pharmaceutical Preparations Industry

309th out of 424 stocks

HCM stock logo

About HUTCHMED Stock (NASDAQ:HCM)

HUTCHMED (China) Limited, together with its subsidiaries, discovers, develops, and commercializes targeted therapeutics and immunotherapies for cancer and immunological diseases in Hong Kong and internationally. The company develops Savolitinib for the treatment of non-small cell lung cancer (NSCLC), papillary renal cell carcinoma (RCC), and gastric cancer (GC); and Fruquintinib, an inhibitor for colorectal cancer (CRC), breast cancer, gastric cancer, microsatellite stable-CRC endometrial cancer (EMC), NSCLC, RCC, gastrointestinal, cervical, and solid tumors. It also develops Surufatinib, which is used for the treatment of pancreatic neuroendocrine tumor (NET), non-pancreatic NET, neuroendocrine carcinoma, SCLC, biliary tract cancer, and solid tumors; and Sovleplenib that treats hematological cancers and certain chronic immune diseases. In addition, it develops Tazemetostat for the treatment of certain epithelioid sarcoma and follicular lymphoma patients; HMPL-306, an inhibitor for hematological malignancies, gliomas, chondrosarcomas, cholangiocarcinomas, and solid tumors; HMPL-760, a Bruton's tyrosine kinase inhibitor; HMPL-453 for intrahepatic cholangiocarcinoma and solid tumors; HMPL-295 and HMPL-415 for solid tumors; HMPL-653 for metastatic solid tumors and tenosynovial giant cell tumors; and HMPL-A83 for the treatment of malignant neoplasms. It has collaboration agreements with AstraZeneca AB (publ), Lilly (Shanghai) Management Company Limited, Takeda, BeiGene Ltd., Inmagene Biopharmaceuticals Co. Ltd., Innovent Biologics Co., Inc., Genor Biopharma Co. Ltd., Shanghai Junshi Biosciences Co. Ltd., and Epizyme, Inc. The company was formerly known as Hutchison China MediTech Limited and changed its name to HUTCHMED (China) Limited in May 2021. HUTCHMED (China) Limited was incorporated in 2000 and is headquartered in Hong Kong, Hong Kong.

HCM Stock Price History

HCM Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Hutchmed Is Turning Profitable
HCM Mar 2024 17.500 call
HUTCHMED (China) Limited (0013.HK)
See More Headlines
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Company Calendar

Today
4/23/2024
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:HCM
Employees
1,988
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$29.70
High Stock Price Target
$50.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+75.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$838 million
Cash Flow
$0.64 per share
Book Value
$4.27 per share

Miscellaneous

Free Float
167,978,000
Market Cap
$2.95 billion
Optionable
Not Optionable
Beta
0.81

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Key Executives

  • Mr. Chi Keung To ACGI (Age 73)
    B.Sc., M.B.A., Executive Chairman
    Comp: $85k
  • Dr. Wei-Guo Su B.Sc. (Age 65)
    Ph.D., CEO, Chief Scientific Officer & Executive Director
    Comp: $2.45M
  • Mr. Chig Fung Cheng BEc (Age 57)
    CA, CFO & Executive Director
    Comp: $962.15k
  • Ms. Edith Shih BSE (Age 72)
    C.S., CGP, EdM, FCIS, FCS, FCS(PE), M.A., P.E, Company Secretary & Non-Executive Director
  • Dr. Karen Jane Atkin (Age 58)
    Executive VP & COO
  • David Ng
    Head of Investor Relations & Capital Strategies
  • Mr. Charles George Rupert Nixon (Age 54)
    Group General Counsel
  • Mr. Kin Hung Lee M.B.A. (Age 47)
    Senior Vice President of Corporate Management & Communications
  • Ms. Selina Zhang
    Senior Vice President of Global Human Resources
  • Dr. Qingmei Wang Ph.D. (Age 61)
    Senior Vice President of Business Development & Strategic Alliances

HCM Stock Analysis - Frequently Asked Questions

Should I buy or sell HUTCHMED stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HUTCHMED in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HCM shares.
View HCM analyst ratings
or view top-rated stocks.

What is HUTCHMED's stock price target for 2024?

4 analysts have issued 1 year price targets for HUTCHMED's shares. Their HCM share price targets range from $17.00 to $50.00. On average, they anticipate the company's stock price to reach $29.70 in the next year. This suggests a possible upside of 75.3% from the stock's current price.
View analysts price targets for HCM
or view top-rated stocks among Wall Street analysts.

How have HCM shares performed in 2024?

HUTCHMED's stock was trading at $18.11 on January 1st, 2024. Since then, HCM shares have decreased by 6.5% and is now trading at $16.94.
View the best growth stocks for 2024 here
.

When is HUTCHMED's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our HCM earnings forecast
.

What ETFs hold HUTCHMED's stock?

ETFs with the largest weight of HUTCHMED (NASDAQ:HCM) stock in their portfolio include Range Cancer Therapeutics ETF (CNCR).Loncar China Biopharma ETF (CHNA).

What other stocks do shareholders of HUTCHMED own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HUTCHMED investors own include Telford Homes (TEF), AbbVie (ABBV), Exelixis (EXEL), GW Pharmaceuticals (GWPH), Premier Oil (PMO), CRISPR Therapeutics (CRSP), AT&T (T), Johnson & Johnson (JNJ), NVIDIA (NVDA) and Weyerhaeuser (WY).

When did HUTCHMED IPO?

HUTCHMED (HCM) raised $100 million in an IPO on Thursday, March 17th 2016. The company issued 6,100,000 shares at a price of $16.33 per share. BofA Merrill Lynch and Deutsche Bank Securities served as the underwriters for the IPO and Stifel, Canaccord Genuity, Panmure Gordon and CITIC CLSA were co-managers.

Who are HUTCHMED's major shareholders?

HUTCHMED's stock is owned by a number of retail and institutional investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.03%).

How do I buy shares of HUTCHMED?

Shares of HCM 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:HCM) was last updated on 4/23/2024 by MarketBeat.com Staff

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