NASDAQ:IMMU - Immunomedics Stock Price, Price Target & More

Immunomedics trades on the NASDAQ under the ticker symbol "IMMU."

Immunomedics, Inc. (NASDAQ:IMMU) released its quarterly earnings data on Wednesday, May, 9th. The biopharmaceutical company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.15) by $0.06. The biopharmaceutical company earned $0.50 million during the quarter, compared to analyst estimates of $4.27 million. Immunomedics's revenue was down 61.5% on a year-over-year basis. View Immunomedics' Earnings History.

4 brokerages have issued 12-month price objectives for Immunomedics' stock. Their predictions range from $15.00 to $53.00. On average, they expect Immunomedics' stock price to reach $31.50 in the next year. View Analyst Ratings for Immunomedics.

Immunomedics saw a drop in short interest in the month of May. As of May 31st, there was short interest totalling 27,938,918 shares, a drop of 7.9% from the May 15th total of 30,336,254 shares. Based on an average daily volume of 2,772,728 shares, the days-to-cover ratio is presently 10.1 days. Currently, 19.3% of the company's shares are sold short. View Immunomedics' Current Options Chain.

Some companies that are related to Immunomedics include IPSEN S A/S (IPSEY), Neogen (NEOG), Myriad Genetics (MYGN), Quidel (QDEL), Intellia Therapeutics (NTLA), Meridian Bioscience (VIVO), Lantheus (LNTH), Quotient (QTNT), Oxford Immunotec Global (OXFD), Nymox Pharmaceutical (NYMX), Trinity Biotech (TRIB), Riot Blockchain (RIOT), Celldex Therapeutics (CLDX), Vermillion (VRML) and ImmuCell (ICCC).

News headlines about IMMU stock have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Immunomedics earned a daily sentiment score of 0.18 on Accern's scale. They also gave news articles about the biopharmaceutical company an impact score of 45.59 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Immunomedics' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.45%), SEATTLE GENETICS INC (4.90%), Acuta Capital Partners LLC (3.50%), Palo Alto Investors LP (2.87%), Victory Capital Management Inc. (1.13%) and Northern Trust Corp (0.76%). Company insiders that own Immunomedics stock include Behzad Aghazadeh, Brian A Markison, Cynthia L Goldenberg, David M Goldenberg, Don C Stark, Mary E Paetzold and Venbio Select Advisor Llc. View Institutional Ownership Trends for Immunomedics.

IMMU stock was sold by a variety of institutional investors in the last quarter, including Acuta Capital Partners LLC, JPMorgan Chase & Co., Lyon Street Capital LLC, UBS Group AG, Jane Street Group LLC, Iguana Healthcare Management LLC, Highland Capital Management LP and BlackRock Inc.. Company insiders that have sold Immunomedics company stock in the last year include Brian A Markison, Cynthia L Goldenberg and David M Goldenberg. View Insider Buying and Selling for Immunomedics.

IMMU stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Nexthera Capital LP, Massachusetts Financial Services Co. MA, Rock Springs Capital Management LP, Sphera Funds Management LTD., University of Notre Dame DU Lac, Royal Bank of Canada and DekaBank Deutsche Girozentrale. 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.

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.

One share of IMMU stock can currently be purchased for approximately $24.38.

Immunomedics has a market capitalization of $4.08 billion and generates $3.09 million in revenue each year. The biopharmaceutical company earns $-153,200,000.00 in net income (profit) each year or ($0.81) on an earnings per share basis. Immunomedics employs 138 workers across the globe.

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]