NASDAQ:IGMS IGM Biosciences (IGMS) Stock Price, News & Analysis $11.18 -0.92 (-7.60%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$10.94▼$12.2550-Day Range$6.28▼$12.3352-Week Range$3.81▼$17.70Volume359,253 shsAverage Volume417,370 shsMarket Capitalization$659.84 millionP/E RatioN/ADividend YieldN/APrice Target$17.89 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get IGM Biosciences alerts: Email Address IGM Biosciences MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside60.0% Upside$17.89 Price TargetShort InterestBearish27.21% of Float Sold ShortDividend StrengthN/ASustainability-1.08Upright™ Environmental ScoreNews Sentiment0.60Based on 6 Articles This WeekInsider TradingSelling Shares$47,216 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($2.31) to ($3.18) Per ShareSee Full Details Hide Full Details 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.3.64 out of 5 starsMedical Sector275th out of 936 stocksPharmaceutical Preparations Industry124th out of 436 stocks 3.3 Analyst's Opinion Consensus RatingIGM Biosciences has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageIGM Biosciences has only been the subject of 2 research reports in the past 90 days.Read more about IGM Biosciences' stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted27.21% of the float of IGM Biosciences has been sold short.Short Interest Ratio / Days to CoverIGM Biosciences has a short interest ratio ("days to cover") of 15.2, which indicates bearish sentiment.Change versus previous monthShort interest in IGM Biosciences has recently increased by 9.20%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldIGM Biosciences does not currently pay a dividend.Dividend GrowthIGM Biosciences does not have a long track record of dividend growth. Previous Next 4.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIGM Biosciences has received a 71.95% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is false driven by its "Clinical research services for cancer", "Preclinical research services for physical health", and "Clinical research services for infectious diseases" products. See details.Environmental SustainabilityThe Environmental Impact score for IGM Biosciences is -1.08. Previous Next 2.6 News and Social Media Coverage News SentimentIGM Biosciences has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 6 news articles for IGM Biosciences this week, compared to 2 articles on an average week.Search Interest11 people have searched for IGMS on MarketBeat in the last 30 days. This is an increase of 267% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added IGM Biosciences to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, IGM Biosciences insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $47,216.00 in company stock.Percentage Held by Insiders57.00% of the stock of IGM Biosciences is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.79% of the stock of IGM Biosciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about IGM Biosciences' insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for IGM Biosciences are expected to decrease in the coming year, from ($2.31) to ($3.18) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IGM Biosciences is -2.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of IGM Biosciences is -2.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioIGM Biosciences has a P/B Ratio of 3.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about IGM Biosciences' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About IGM Biosciences Stock (NASDAQ:IGMS)IGM Biosciences, Inc., a clinical-stage biotechnology company, develops Immunoglobulin M (IgM) antibodies for the treatment of cancer and autoimmune and inflammatory diseases. It develops Aplitabart, a Death Receptor 5 Agonist IgM antibody for the treatment of colorectal cancer; imvotamab, a CD20 x CD3 bispecific IgM antibody to treat myositis, as well as for the treatment of systemic lupus erythematosus and rheumatoid arthritis that is Phase Ib clinical trial; and IGM-2644, a bispecific T cell engaging IgM antibody targeting CD38 and CD3 proteins for the treatment of autoimmune diseases. IGM Biosciences, Inc. has a collaboration and license agreement with Genzyme Corporation to generate, develop, manufacture, and commercialize IgM antibodies. The company was formerly known as Palingen, Inc. and changed its name to IGM Biosciences, Inc. in 2010. IGM Biosciences, Inc. was incorporated in 1993 and is headquartered in Mountain View, California.Read More IGMS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IGMS Stock News HeadlinesJuly 21, 2024 | americanbankingnews.comBrokerages Set IGM Biosciences, Inc. (NASDAQ:IGMS) Target Price at $17.89July 20, 2024 | americanbankingnews.comIGM Biosciences (NASDAQ:IGMS) Shares Gap Down to $11.91July 27, 2024 | American Hartford Gold Group (Ad)Dave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.May 29, 2024 | globenewswire.comIGM Biosciences to Present at the Jefferies Healthcare ConferenceMay 24, 2024 | markets.businessinsider.comMaintaining Hold on IGM Biosciences: Assessing Acquisition Impact and Awaiting Clinical DataMay 24, 2024 | markets.businessinsider.comIn-Depth Examination Of 6 Analyst Recommendations For IGM BiosciencesMay 23, 2024 | msn.comCureVac, Oragenics, IGM Biosciences among healthcare moversMay 22, 2024 | uk.investing.comIGM Biosciences stock surges as Biogen's deal for HI-Bio is seen as a positiveJuly 27, 2024 | American Hartford Gold Group (Ad)Dave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.May 22, 2024 | msn.comIGM Biosciences up 40% following Biogen HI-Bio buyMay 21, 2024 | investing.comIGM Biosciences Inc (IGMS)May 12, 2024 | seekingalpha.comIGM Biosciences: Unlikely To Move The Needle Again In 2024May 10, 2024 | finance.yahoo.comIGM Biosciences Inc (IGMS) Q1 2024 Earnings: Aligns with EPS Projections Amidst Clinical ...May 9, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Legend Biotech (LEGN), IGM Biosciences (IGMS) and Elanco Animal Health (ELAN)May 9, 2024 | markets.businessinsider.comWedbush Keeps Their Buy Rating on IGM Biosciences (IGMS)May 9, 2024 | investorplace.comIGMS Stock Earnings: IGM Biosciences Meets EPS, Misses Revenue for Q1 2024May 8, 2024 | globenewswire.comIGM Biosciences Announces First Quarter 2024 Financial Results and Provides Corporate UpdateMay 7, 2024 | globenewswire.comIGM Biosciences to Present at the 2024 RBCCM Global Healthcare ConferenceSee More Headlines Receive IGMS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for IGM Biosciences and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Today7/26/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryPharmaceutical Products Current SymbolNASDAQ:IGMS CUSIPN/A CIK1496323 Webigmbio.com Phone650-965-7873FaxN/AEmployees190Year Founded2010Price Target and Rating Average Stock Price Target$17.89 High Stock Price Target$25.00 Low Stock Price Target$8.00 Potential Upside/Downside+60.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($4.31) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-246,420,000.00 Net Margins-11,255.25% Pretax Margin-11,227.17% Return on Equity-108.07% Return on Assets-54.01% Debt Debt-to-Equity RatioN/A Current Ratio7.98 Quick Ratio7.98 Sales & Book Value Annual Sales$2.13 million Price / Sales309.79 Cash FlowN/A Price / Cash FlowN/A Book Value$3.46 per share Price / Book3.23Miscellaneous Outstanding Shares59,020,000Free Float25,380,000Market Cap$659.84 million OptionableOptionable Beta0.20 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Fred M. Schwarzer J.D. (Age 71)CEO, President & Director Comp: $977.66kDr. Bruce A. Keyt Ph.D. (Age 70)Chief Scientific Officer Comp: $692.95kDr. Chris H. Takimoto FACP (Age 65)M.D., Ph.D., Chief Medical Officer Comp: $684.95kMr. Misbah Tahir (Age 48)Chief Financial Officer Comp: $957.6kMr. TS HarigopalSenior Vice President of Group OperationsMr. Steven Weber (Age 48)Senior VP, Corporate Controller & Principal Accounting Officer Mr. Paul C. GraffagninoSenior Vice President of Legal AffairsMs. Suzette Tauber (Age 60)Chief Human Resources Officer Dr. Angus M. Sinclair Ph.D.Senior Vice President of Immuno-OncologyDr. Lisa L. Decker Ph.D. (Age 54)Chief Business Officer Comp: $528.18kMore ExecutivesKey CompetitorsAurinia PharmaceuticalsNASDAQ:AUPHCryoportNASDAQ:CYRXZentalis PharmaceuticalsNASDAQ:ZNTLXencorNASDAQ:XNCRKeros TherapeuticsNASDAQ:KROSView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 4,427 shares on 7/26/2024Ownership: 0.091%Fred SchwarzerSold 4,164 sharesTotal: $31,563.12 ($7.58/share)Misbah TahirSold 1,570 sharesTotal: $11,900.60 ($7.58/share)Steven WeberSold 495 sharesTotal: $3,752.10 ($7.58/share)Artal Group S.A.Sold 20,000 shares on 5/17/2024Ownership: 5.240%View All Insider TransactionsView All Institutional Transactions IGMS Stock Analysis - Frequently Asked Questions How have IGMS shares performed this year? IGM Biosciences' stock was trading at $8.31 on January 1st, 2024. Since then, IGMS stock has increased by 34.5% and is now trading at $11.18. View the best growth stocks for 2024 here. How were IGM Biosciences' earnings last quarter? IGM Biosciences, Inc. (NASDAQ:IGMS) released its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.83) earnings per share for the quarter, beating analysts' consensus estimates of ($0.84) by $0.01. The firm earned $0.50 million during the quarter, compared to analysts' expectations of $0.71 million. IGM Biosciences had a negative net margin of 11,255.25% and a negative trailing twelve-month return on equity of 108.07%. When did IGM Biosciences IPO? IGM Biosciences (IGMS) raised $125 million in an initial public offering (IPO) on Wednesday, September 18th 2019. The company issued 7,800,000 shares at $15.00-$17.00 per share. Jefferies, Piper Jaffray, Stifel and Guggenheim Securities acted as the underwriters for the IPO. Who are IGM Biosciences' major shareholders? Top institutional investors of IGM Biosciences include Bank of New York Mellon Corp (0.09%). Insiders that own company stock include Bros Advisors Lp Baker, Fred Schwarzer, Bruce Keyt, Misbah Tahir, Jakob Haldor Topsoe, Chris H Takimoto, George Gauthier, Michael D Loberg, Steven Weber and Julie Hambleton. View institutional ownership trends. How do I buy shares of IGM Biosciences? Shares of IGMS 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 IGM Biosciences own? Based on aggregate information from My MarketBeat watchlists, some other companies that IGM Biosciences investors own include Pfizer (PFE), Tesla (TSLA), AbbVie (ABBV), ImmunoGen (IMGN), Plug Power (PLUG), Atreca (BCEL) and Carnival Co. & (CCL). 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