Immunomedics, Inc., a clinical-stage biopharmaceutical company, develops monoclonal antibody-based products for the targeted treatment of cancer. Its advanced antibody-drug conjugates are sacituzumab govitecan and labetuzumab govitecan, which are in advanced trials for various solid tumors and metastatic colorectal cancer, respectively. The company focuses on commercializing sacituzumab govitecan as a third-line therapy for patients with metastatic triple-negative breast cancer in the United States. The company also develops IMMU-140, a humanized antibody directed against an immune response target. Its other product candidates include products for the treatment of cancer and autoimmune diseases, including epratuzumab, an anti-CD22 antibody; veltuzumab, an anti-CD20 antibody; milatuzumab, an anti-CD74 antibody; and IMMU-114, a humanized anti-HLA-DR antibody. Immunomedics, Inc. has clinical collaboration with AstraZeneca and MedImmune, to evaluate Imfinzi, a human monoclonal antibody against PD-L1, with sacituzumab govitecan as a frontline treatment of patients with TNBC and urothelial cancer; collaboration agreement with The Bayer Group for the development of epratuzumab; clinical and preclinical collaborations with academic cancer institutions, identifying new cancer indications for sacituzumab govitecan and the biology of the Trop-2 antigen; and research collaboration with the Memorial Sloan Kettering Cancer Center to investigate Sacituzumab Govitecan and Labetuzumab Govitecan in preclinical cancer models. Immunomedics, Inc. has a partnership agreement with the Samsung BioLogics Co., Ltd. to manufacture hRS7, an Immunomedics proprietary humanized antibody. The company was founded in 1982 and is headquartered in Morris Plains, New Jersey.
Industry, Sector and Symbol
Industry Diagnostic substances
Sub-IndustryBiotechnology
SectorMedical
Phone973-605-8200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.16 million
Profitability
Miscellaneous
Employees185
OptionableOptionable
Immunomedics (NASDAQ:IMMU) Frequently Asked Questions
What is Immunomedics' stock symbol?
Immunomedics trades on the NASDAQ under the ticker symbol "IMMU."
How were Immunomedics' earnings last quarter?
Immunomedics, Inc. (NASDAQ:IMMU) issued its quarterly earnings results on Wednesday, May, 9th. The biopharmaceutical company reported ($0.21) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.15) by $0.06. The biopharmaceutical company had revenue of $0.50 million for the quarter, compared to analyst estimates of $4.27 million. Immunomedics had a negative return on equity of 85.57% and a negative net margin of 12,701.21%. Immunomedics's quarterly revenue was down 61.5% compared to the same quarter last year. View Immunomedics' Earnings History.
What price target have analysts set for IMMU?
8 equities research analysts have issued 12 month price objectives for Immunomedics' shares. Their predictions range from $18.00 to $38.00. On average, they anticipate Immunomedics' share price to reach $28.00 in the next year. This suggests a possible upside of 96.8% from the stock's current price. View Analyst Price Targets for Immunomedics.
What is the consensus analysts' recommendation for Immunomedics?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immunomedics 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 Immunomedics.
Has Immunomedics been receiving favorable news coverage?
Press coverage about IMMU stock has been trending positive recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Immunomedics earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned news headlines about the biopharmaceutical company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days.
Are investors shorting Immunomedics?
Immunomedics saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 29,705,594 shares, an increase of 1.5% from the January 15th total of 29,259,456 shares. Based on an average daily trading volume, of 6,723,092 shares, the days-to-cover ratio is presently 4.4 days. Currently, 17.5% of the shares of the stock are short sold. View Immunomedics' Current Options Chain.
Who are some of Immunomedics' key competitors?
Some companies that are related to Immunomedics include Neogen (NEOG), Quidel (QDEL), Myriad Genetics (MYGN), Lantheus (LNTH), Meridian Bioscience (VIVO), Quotient (QTNT), Intellia Therapeutics (NTLA), Oxford Immunotec Global (OXFD), Palatin Technologies (PTN), Nymox Pharmaceutical (NYMX), Celldex Therapeutics (CLDX), Trinity Biotech (TRIB), Vermillion (VRML), ImmuCell (ICCC) and Riot Blockchain (RIOT).
Who are Immunomedics' key executives?
Immunomedics' management team includes the folowing people:
- Mr. Michael F. Pehl, Pres, CEO & Director (Age 54)
- Dr. Morris Z. Rosenberg, Chief Technology Officer (Age 59)
- Mr. Brendan Delaney, Chief Commercial Officer (Age 44)
- Dr. Robert Iannone, Chief Medical Officer and Head of R&D (Age 52)
- Mr. Michael R. Garone, VP of Fin. (Age 60)
Who are Immunomedics' major shareholders?
Immunomedics' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.64%), RA Capital Management LLC (1.59%), Foresite Capital Management III LLC (1.42%), Jennison Associates LLC (1.30%), Northern Trust Corp (0.99%) and Geode Capital Management LLC (0.98%). Company insiders that own Immunomedics stock include Behzad Aghazadeh, Brian A Markison, Cynthia L Goldenberg, David M Goldenberg and Venbio Select Advisor Llc. View Institutional Ownership Trends for Immunomedics.
Which major investors are selling Immunomedics stock?
IMMU stock was sold by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Lord Abbett & CO. LLC, Victory Capital Management Inc., Dimensional Fund Advisors LP, RA Capital Management LLC, MetLife Investment Advisors LLC, Principal Financial Group Inc. and Foresite Capital Management IV LLC. View Insider Buying and Selling for Immunomedics.
Which major investors are buying Immunomedics stock?
IMMU stock was acquired by a variety of institutional investors in the last quarter, including Polar Capital LLP, Sectoral Asset Management Inc, BlackRock Inc., Tekla Capital Management LLC, Jennison Associates LLC, Geode Capital Management LLC, Fosun International Ltd and Alps Advisors Inc.. Company insiders that have bought Immunomedics stock in the last two years include Behzad Aghazadeh and Venbio Select Advisor Llc. View Insider Buying and Selling for Immunomedics.
How do I buy shares of Immunomedics?
Shares of IMMU 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, Scottrade, Fidelity and Charles Schwab.
What is Immunomedics' stock price today?
One share of IMMU stock can currently be purchased for approximately $14.23.
How big of a company is Immunomedics?
Immunomedics has a market capitalization of $2.71 billion and generates $2.16 million in revenue each year. The biopharmaceutical company earns $-273,830,000.00 in net income (profit) each year or ($1.03) on an earnings per share basis. Immunomedics employs 185 workers across the globe.
What is Immunomedics' official website?
How can I contact Immunomedics?
Immunomedics' mailing address is 300 AMERICAN RD, MORRIS PLAINS NJ, 07950. The biopharmaceutical company can be reached via phone at 973-605-8200 or via email at [email protected]
MarketBeat Community Rating for Immunomedics (NASDAQ IMMU)
MarketBeat's community ratings are surveys of what our community members think about Immunomedics and other stocks. Vote "Outperform" if you believe IMMU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IMMU will underperform the S&P 500 over the long term. You may vote once every thirty days.
