NASDAQ:IONS - Ionis Pharmaceuticals Stock Price, Price Target & More

Ionis Pharmaceuticals trades on the NASDAQ under the ticker symbol "IONS."

Ionis Pharmaceuticals Inc (NASDAQ:IONS) posted its quarterly earnings results on Friday, May, 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.11) by $0.10. The company had revenue of $144.40 million for the quarter, compared to analysts' expectations of $144.01 million. Ionis Pharmaceuticals had a negative return on equity of 3.06% and a negative net margin of 2.00%. The firm's revenue was up 24.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.03 earnings per share. View Ionis Pharmaceuticals' Earnings History.

11 analysts have issued 1 year target prices for Ionis Pharmaceuticals' shares. Their forecasts range from $18.00 to $75.00. On average, they anticipate Ionis Pharmaceuticals' stock price to reach $53.00 in the next twelve months. View Analyst Ratings for Ionis Pharmaceuticals.

Ionis Pharmaceuticals saw a increase in short interest in May. As of May 15th, there was short interest totalling 12,158,108 shares, an increase of 15.8% from the April 30th total of 10,497,036 shares. Based on an average daily trading volume, of 1,696,916 shares, the short-interest ratio is presently 7.2 days. Currently, 9.8% of the shares of the stock are sold short.

Some companies that are related to Ionis Pharmaceuticals include Mylan (MYL), BioMarin Pharmaceutical (BMRN), GRIFOLS S A/S (GRFS), UCB (UCBJF), Ono Pharmaceutical (OPHLF), Merck KGaA (MKGAF), Alnylam Pharmaceuticals (ALNY), Jazz Pharmaceuticals (JAZZ), Perrigo (PRGO), Nektar Therapeutics (NKTR), Valeant Pharmaceuticals Intl (VRX), BeiGene (BGNE), Genmab A/S (GNMSF), Alkermes (ALKS) and SAGE Therapeutics (SAGE).

News stories about IONS stock have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ionis Pharmaceuticals earned a news impact score of 0.20 on Accern's scale. They also gave headlines about the company an impact score of 45.05 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Ionis Pharmaceuticals' stock is owned by many different of institutional and retail investors. Top institutional investors include BB Biotech AG (6.79%), BlackRock Inc. (5.52%), Baillie Gifford & Co. (4.99%), OppenheimerFunds Inc. (2.29%), Pinnacle Associates Ltd. (0.99%) and American Century Companies Inc. (0.94%). Company insiders that own Ionis Pharmaceuticals stock include B Lynne Parshall, Brett P Monia, C Frank Bennett, Elizabeth L Hougen, Frederick T Muto, Ionis Pharmaceuticals Inc, Joseph H Wender, Joseph Klein III, Patrick R O'neil, Richard S Geary, Sarah Boyce and Stanley T Crooke. View Institutional Ownership Trends for Ionis Pharmaceuticals.

IONS stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., JPMorgan Chase & Co., Van ECK Associates Corp, Pinnacle Associates Ltd., BlackRock Inc., Fiera Capital Corp, Altrinsic Global Advisors LLC and A.R.T. Advisors LLC. Company insiders that have sold Ionis Pharmaceuticals company stock in the last year include B Lynne Parshall, Brett P Monia, C Frank Bennett, Elizabeth L Hougen, Frederick T Muto, Joseph H Wender, Joseph Klein III, Patrick R O'neil, Richard S Geary, Sarah Boyce and Stanley T Crooke. View Insider Buying and Selling for Ionis Pharmaceuticals.

IONS stock was acquired by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, BB Biotech AG, Scout Investments Inc., Sector Gamma AS, Carillon Tower Advisers Inc., OppenheimerFunds Inc., UBS Group AG and Millennium Management LLC. View Insider Buying and Selling for Ionis Pharmaceuticals.

Shares of IONS 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 IONS stock can currently be purchased for approximately $46.57.

Ionis Pharmaceuticals has a market capitalization of $5.85 billion and generates $507.67 million in revenue each year. The company earns $-5,960,000.00 in net income (profit) each year or $0.08 on an earnings per share basis. Ionis Pharmaceuticals employs 547 workers across the globe.

Ionis Pharmaceuticals' mailing address is 2855 GAZELLE COURT, CARLSBAD CA, 92010. The company can be reached via phone at 760-931-9200.