Top-Rated StocksTop-RatedNASDAQ:LEGN Legend Biotech (LEGN) Stock Price, News & Analysis → This is the best new way to score with AI (From Weiss Ratings) (Ad) Free LEGN Stock Alerts $45.53 -0.23 (-0.50%) (As of 12:39 PM ET) Add Compare Share Share Today's Range$45.20▼$46.1150-Day Range$42.97▼$68.0152-Week Range$42.08▼$77.32Volume263,862 shsAverage Volume994,630 shsMarket Capitalization$8.28 billionP/E RatioN/ADividend YieldN/APrice Target$82.74 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Legend Biotech alerts: Email Address Legend Biotech MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.92 Rating ScoreUpside/Downside79.9% Upside$82.74 Price TargetShort InterestBearish7.30% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based on 31 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.60) to $0.08 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.2.41 out of 5 starsMedical Sector522nd out of 929 stocksPharmaceutical Preparations Industry243rd out of 433 stocks 4.5 Analyst's Opinion Consensus RatingLegend Biotech has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageLegend Biotech has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Legend Biotech's stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted7.30% of the outstanding shares of Legend Biotech have been sold short.Short Interest Ratio / Days to CoverLegend Biotech has a short interest ratio ("days to cover") of 13.5, which indicates bearish sentiment.Change versus previous monthShort interest in Legend Biotech has recently increased by 20.95%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldLegend Biotech does not currently pay a dividend.Dividend GrowthLegend Biotech does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LEGN. Previous Next 2.5 News and Social Media Coverage News SentimentLegend Biotech has a news sentiment score of 0.56. 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 31 news articles for Legend Biotech this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for LEGN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows3 people have added Legend Biotech to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Legend Biotech insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.02% of the stock of Legend Biotech is held by insiders.Percentage Held by Institutions70.89% of the stock of Legend Biotech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Legend Biotech's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Legend Biotech are expected to grow in the coming year, from ($1.60) to $0.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Legend Biotech is -35.38, 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 Legend Biotech is -35.38, 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 RatioLegend Biotech has a P/B Ratio of 6.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Legend Biotech's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Legend Biotech Stock (NASDAQ:LEGN)Legend Biotech Corporation, a clinical-stage biopharmaceutical company, through its subsidiaries, engages in the discovery, development, manufacturing, and commercialization of novel cell therapies for oncology and other indications in the United States, China, and internationally. Its lead product candidate, LCAR- B38M, is a chimeric antigen receptor for the treatment of multiple myeloma (MM). The company also has a portfolio of earlier-stage autologous CAR-T product candidates targeting various cancers, including Non-Hodgkins Lymphoma, acute lymphoblastic leukemia, gastric cancer, esophageal cancer, pancreatic cancer, colorectal cancer, hepatocellular carcinoma, small cell lung cancer, and non-small cell lung cancer. It has collaboration and license agreement with Janssen Biotech, Inc. for the development and commercialization of ciltacabtagene autoleucel. The company was founded in 2014 and is based in Somerset, New Jersey. Legend Biotech Corporation is a subsidiary of Genscript Biotech Corporation.Read More LEGN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LEGN Stock News HeadlinesMay 16 at 6:58 AM | americanbankingnews.comLegend Biotech Co. (NASDAQ:LEGN) to Post Q2 2024 Earnings of ($0.14) Per Share, HC Wainwright ForecastsMay 16 at 6:58 AM | americanbankingnews.comWilliam Blair Brokers Boost Earnings Estimates for Legend Biotech Co. (NASDAQ:LEGN)May 16 at 4:58 AM | americanbankingnews.comLegend Biotech (NASDAQ:LEGN) PT Raised to $86.00May 15 at 3:42 PM | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Daré Bioscience (DARE), Legend Biotech (LEGN) and Singular Genomics Systems (OMIC)May 15 at 10:41 AM | msn.comLegend Biotech Corporation (NASDAQ:LEGN) Q1 2024 Earnings Call TranscriptMay 14 at 7:38 PM | markets.businessinsider.comBuy Rating for Legend Biotech Anchored by Carvykti’s Growth and Market Penetration PotentialMay 14 at 2:38 PM | markets.businessinsider.comLegend Biotech Stock: A Deep Dive Into Analyst Perspectives (14 Ratings)May 14 at 8:45 AM | seekingalpha.comLegend Biotech's Carvykti Faces Stiff Challenges Despite AdvancesMay 14 at 7:28 AM | finance.yahoo.comLegend Biotech Corp (LEGN) Q1 2024 Earnings Call Transcript Highlights: Soaring CARVYKTI Sales ...May 14 at 2:27 AM | markets.businessinsider.comBuy Rating Affirmed for Legend Biotech on CARVYKTI Growth and Positive Clinical DevelopmentsMay 14 at 2:27 AM | finance.yahoo.comQ1 2024 Legend Biotech Corp Earnings CallMay 13 at 4:26 PM | marketwatch.comLegend Biotech 1Q Loss Narrows with Higher Carvykti SalesMay 13 at 12:13 PM | seekingalpha.comLegend Biotech Corporation 2024 Q1 - Results - Earnings Call PresentationMay 13 at 11:25 AM | msn.comLegend Biotech Vaults on QuarterliesMay 13 at 7:00 AM | businesswire.comLegend Biotech Reports First Quarter 2024 Results and Recent HighlightsMay 6, 2024 | americanbankingnews.comLegend Biotech (LEGN) Scheduled to Post Quarterly Earnings on MondayApril 23, 2024 | markets.businessinsider.comHold Rating on Legend Biotech Amidst Approval of Carvykti and Commercial Manufacturing ChallengesApril 22, 2024 | businesswire.comCARVYKTI® (ciltacabtagene autoleucel) Approved by the European Commission for Second-line Treatment of Patients with Relapsed and Refractory Multiple MyelomaApril 20, 2024 | msn.comFDA requires labeling changes to CAR-T cell therapies to reflect cancer riskApril 17, 2024 | seekingalpha.comScotiabank upgrades Legend Biotech to sector outperformApril 17, 2024 | markets.businessinsider.comBuy Rating Affirmed for Legend Biotech Amidst Anticipated Growth and Expanded Carvykti UseApril 16, 2024 | markets.businessinsider.comBuy Rating Affirmed for Legend Biotech Amidst Growth Prospects and CARVYKTI’s Market ExpansionApril 14, 2024 | nasdaq.comLEGN Quantitative Stock AnalysisApril 14, 2024 | nasdaq.comLegend Biotech is Now Oversold (LEGN)April 11, 2024 | businesswire.comLegend Biotech to Host Investor Conference Call on First Quarter 2024 ResultsSee More Headlines Receive LEGN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Legend Biotech and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/13/2024Today5/16/2024Next Earnings (Estimated)8/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:LEGN CUSIPN/A CIK1801198 Webwww.legendbiotech.com Phone732-317-5050FaxN/AEmployees1,800Year FoundedN/APrice Target and Rating Average Stock Price Target$82.74 High Stock Price Target$94.00 Low Stock Price Target$64.00 Potential Upside/Downside+80.8%Consensus RatingModerate Buy Rating Score (0-4)2.92 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($1.30) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-518,250,000.00 Net Margins-135.92% Pretax Margin-182.41% Return on Equity-27.03% Return on Assets-19.23% Debt Debt-to-Equity Ratio0.22 Current Ratio6.92 Quick Ratio6.83 Sales & Book Value Annual Sales$285.14 million Price / Sales29.19 Cash FlowN/A Price / Cash FlowN/A Book Value$6.88 per share Price / Book6.65Miscellaneous Outstanding Shares181,910,000Free Float181,875,000Market Cap$8.32 billion OptionableOptionable Beta0.12 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesDr. Ying Huang Ph.D. (Age 51)CEO & Director Ms. Lori A. Macomber CPA (Age 53)Chief Financial Officer Mr. Doug WallaceVice President of Global OperationsDr. Guowei Fang Ph.D.Chief Scientific Officer & Head of Business DevelopmentJoanne ChoiSenior Manager of Investor RelationsMr. James Pepin J.D.General CounselDeborah WongExecutive Director of Strategic Marketing & Corporate CommunicationsMs. Elaine QianVP & Global Head of Human ResourcesDr. Yuhong Qiu Ph.D.Senior Vice President of Global Regulatory AffairsMr. Steven J. GavelSenior Vice President of Commercial Development, US & EuropeMore ExecutivesKey CompetitorsViking TherapeuticsNASDAQ:VKTXElanco Animal HealthNYSE:ELANCerevel TherapeuticsNASDAQ:CEREAscendis Pharma A/SNASDAQ:ASNDJazz PharmaceuticalsNASDAQ:JAZZView All CompetitorsInstitutional OwnershipJanus Henderson Group PLCBought 148,855 shares on 5/16/2024Ownership: 1.107%Bellevue Group AGBought 91,516 shares on 5/15/2024Ownership: 0.161%Bamco Inc. NYBought 97,259 shares on 5/15/2024Ownership: 0.152%Senator Investment Group LPBought 50,000 shares on 5/15/2024Ownership: 0.091%PEAK6 Investments LLCSold 4,800 shares on 5/15/2024Ownership: 0.000%View All Institutional Transactions LEGN Stock Analysis - Frequently Asked Questions Should I buy or sell Legend Biotech stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legend Biotech in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LEGN shares. View LEGN analyst ratings or view top-rated stocks. What is Legend Biotech's stock price target for 2024? 12 Wall Street analysts have issued twelve-month target prices for Legend Biotech's shares. Their LEGN share price targets range from $64.00 to $94.00. On average, they predict the company's stock price to reach $82.74 in the next twelve months. This suggests a possible upside of 79.9% from the stock's current price. View analysts price targets for LEGN or view top-rated stocks among Wall Street analysts. How have LEGN shares performed in 2024? Legend Biotech's stock was trading at $60.17 at the beginning of the year. Since then, LEGN stock has decreased by 23.6% and is now trading at $45.99. View the best growth stocks for 2024 here. When is Legend Biotech's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024. View our LEGN earnings forecast. How were Legend Biotech's earnings last quarter? Legend Biotech Co. (NASDAQ:LEGN) issued its earnings results on Monday, May, 13th. The company reported ($0.16) earnings per share for the quarter, topping analysts' consensus estimates of ($0.29) by $0.13. The firm had revenue of $93.90 million for the quarter, compared to analyst estimates of $143.24 million. Legend Biotech had a negative trailing twelve-month return on equity of 27.03% and a negative net margin of 135.92%. Legend Biotech's revenue for the quarter was up 158.7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.40) earnings per share. What ETFs hold Legend Biotech's stock? ETFs with the largest weight of Legend Biotech (NASDAQ:LEGN) stock in their portfolio include Harbor Health Care ETF (MEDI), Global X MSCI China Health Care ETF (CHIH), Matthews Emerging Markets Sustainable Future Active ETF (EMSF), Global X Genomics & Biotechnology ETF (GNOM), Fidelity Disruptive Medicine ETF (FMED), KraneShares MSCI All China Health Care Index ETF (KURE), Tema Oncology ETF (CANC) and Virtus LifeSci Biotech Products ETF (BBP). What other stocks do shareholders of Legend Biotech own? Based on aggregate information from My MarketBeat watchlists, some companies that other Legend Biotech investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), CrowdStrike (CRWD), Lam Research (LRCX), ServiceNow (NOW), Peloton Interactive (PTON), QUALCOMM (QCOM), Applied Materials (AMAT), DocuSign (DOCU) and Etsy (ETSY). When did Legend Biotech IPO? Legend Biotech (LEGN) raised $350 million in an initial public offering on Friday, June 5th 2020. The company issued 18,400,000 shares at a price of $18.00-$20.00 per share. Morgan Stanley, J.P. Morgan Securities and Jefferies acted as the underwriters for the IPO. Who are Legend Biotech's major shareholders? Legend Biotech's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (6.02%), Westfield Capital Management Co. LP (1.23%), Capital International Investors (1.20%), Janus Henderson Group PLC (1.11%), TimesSquare Capital Management LLC (0.64%) and Matthews International Capital Management LLC (0.41%). How do I buy shares of Legend Biotech? Shares of LEGN 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:LEGN) was last updated on 5/16/2024 by MarketBeat.com Staff From Our PartnersHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportBiden to Drop BOMBSHELL June 13th?Paradigm PressRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldElon to Transform U.S. Economy? 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