NASDAQ:LGND - Ligand Pharmaceuticals Stock Price, News, & Analysis

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$131.77 +3.40 (+2.65 %)
(As of 01/15/2019 04:00 PM ET)
Previous Close$128.37
Today's Range$127.20 - $132.74
52-Week Range$126.76 - $278.62
Volume574,000 shs
Average Volume554,750 shs
Market Capitalization$2.86 billion
P/E Ratio51.27
Dividend YieldN/A
Beta1.55
Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, focuses on developing and acquiring technologies that help pharmaceutical companies to discover and develop medicines worldwide. Its commercial programs include Promacta, an oral medicine that increases the number of platelets in the blood; Kyprolis and Evomela, which are used to treat multiple myeloma; Baxdela, a captisol-enabled delafloxacin-IV for the treatment of acute bacterial skin and skin structure infections; Nexterone, a captisol-enabled formulation of amiodarone; Noxafil-IV, a captisol-enabled formulation of posaconazole for IV use; Carnexiv, which is indicated as replacement therapy for oral carbamazepine formulations; bazedoxifene for the treatment of postmenopausal osteoporosis; commercial pericardial repair and CanGaroo envelope extracellular matrix products; Exemptia for autoimmune diseases; Vivitra for breast cancer; and Bryxta for non-small cell lung cancer. The company's partners programs, which are in clinical development used for the treatment of seizure, coma, cancer, diabetes, cardiovascular diseases, muscle wasting, liver and kidney diseases, and others. It is also developing a small molecule glucagon receptor antagonist for the treatment of Type 2 diabetes mellitus. In addition, the company is involved in the sale of Captisol materials. Ligand Pharmaceuticals Incorporated was founded in 1987 and is headquartered in San Diego, California.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:LGND
CUSIP53220K50
Phone858-550-7500

Debt

Current Ratio2.20
Quick Ratio2.19

Price-To-Earnings

Sales & Book Value

Annual Sales$141.10 million
Price / Sales19.84
Cash Flow$3.6890 per share
Price / Cash Flow35.72
Book Value$18.94 per share
Price / Book6.96

Profitability

Net Income$12.55 million
Net Margins73.78%
Return on Assets10.68%

Miscellaneous

Employees39
Market Cap$2.86 billion
OptionableOptionable

Ligand Pharmaceuticals (NASDAQ:LGND) Frequently Asked Questions

What is Ligand Pharmaceuticals' stock symbol?

Ligand Pharmaceuticals trades on the NASDAQ under the ticker symbol "LGND."

How were Ligand Pharmaceuticals' earnings last quarter?

Ligand Pharmaceuticals Inc. (NASDAQ:LGND) posted its quarterly earnings results on Thursday, November, 8th. The biotechnology company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.03 by $0.29. The biotechnology company earned $45.66 million during the quarter, compared to analyst estimates of $41.99 million. Ligand Pharmaceuticals had a net margin of 73.78% and a return on equity of 26.17%. The company's quarterly revenue was up 36.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.69 EPS. View Ligand Pharmaceuticals' Earnings History.

When is Ligand Pharmaceuticals' next earnings date?

Ligand Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Ligand Pharmaceuticals.

What guidance has Ligand Pharmaceuticals issued on next quarter's earnings?

Ligand Pharmaceuticals updated its FY 2019 earnings guidance on Tuesday, December, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $212 million.Ligand Pharmaceuticals also updated its FY 2018 guidance to $6.63 EPS.

What price target have analysts set for LGND?

6 brokerages have issued 1-year price targets for Ligand Pharmaceuticals' stock. Their forecasts range from $195.00 to $300.00. On average, they expect Ligand Pharmaceuticals' stock price to reach $256.6667 in the next year. This suggests a possible upside of 94.8% from the stock's current price. View Analyst Price Targets for Ligand Pharmaceuticals.

What is the consensus analysts' recommendation for Ligand Pharmaceuticals?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ligand Pharmaceuticals in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ligand Pharmaceuticals.

What are Wall Street analysts saying about Ligand Pharmaceuticals stock?

Here are some recent quotes from research analysts about Ligand Pharmaceuticals stock:
  • 1. According to Zacks Investment Research, "Ligand's Captisol Formulation technology resulted in partnerships with several leading drug companies like Novartis and Amgen that provide it with funds in the form of milestone and royalty payments. Also, Ligand’s internal pipeline has several candidates in development that could generate future licensing opportunities. Ligand is acquiring other technology platforms to reduce dependence on Captisol formulation. Shares of Ligand have significantly outperformed the industry in the past year. The company derives a substantial portion of its revenues from royalties associated with the sales of Promacta and Kyprolis. Both the drugs have shown encouraging growth with blockbuster potential. However, any setback related to either of these products could have a substantial impact." (1/3/2019)
  • 2. HC Wainwright analysts commented, "Valuation and risks to price target achievement. We reiterate our Buy rating and $281 price target. Our target is based on sum of the parts including: (1) a clinical NPV model of assets in Phase 2 development or greater (currently 30 out of over 178 assets under development); and (2) NPV of current revenues based on our projections for royalties, material sales, and collaborative revenue." (11/5/2018)

Has Ligand Pharmaceuticals been receiving favorable news coverage?

News stories about LGND stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ligand Pharmaceuticals earned a news sentiment score of 1.9 on InfoTrie's scale. They also gave media headlines about the biotechnology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Ligand Pharmaceuticals' key competitors?

Who are Ligand Pharmaceuticals' key executives?

Ligand Pharmaceuticals' management team includes the folowing people:
  • Mr. John L. Higgins, CEO & Exec. Director (Age 49)
  • Mr. Matthew W. Foehr, Pres & COO (Age 46)
  • Mr. Matthew Korenberg, Exec. VP of Fin. & CFO (Age 44)
  • Mr. Charles S. Berkman, Sr. VP, Gen. Counsel & Sec. (Age 50)
  • Mr. Todd Pettingill, Director of Corp. Devel.

Who are Ligand Pharmaceuticals' major shareholders?

Ligand Pharmaceuticals' stock is owned by a number of of retail and institutional investors. Top institutional investors include Woodstock Corp (0.33%), Summit Creek Advisors LLC (0.22%), Retirement Systems of Alabama (0.13%), Louisiana State Employees Retirement System (0.03%), Navellier & Associates Inc (0.02%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Ligand Pharmaceuticals stock include Charles S Berkman, Jason Aryeh, John L Higgins, John L Lamattina, John W Kozarich, Matthew E Korenberg, Matthew W Foehr, Stephen L Sabba and Todd C Davis. View Institutional Ownership Trends for Ligand Pharmaceuticals.

Which institutional investors are selling Ligand Pharmaceuticals stock?

LGND stock was sold by a variety of institutional investors in the last quarter, including Navellier & Associates Inc and Louisiana State Employees Retirement System. Company insiders that have sold Ligand Pharmaceuticals company stock in the last year include Charles S Berkman, Jason Aryeh, John L Higgins, John L Lamattina, John W Kozarich, Matthew E Korenberg, Matthew W Foehr, Stephen L Sabba and Todd C Davis. View Insider Buying and Selling for Ligand Pharmaceuticals.

Which institutional investors are buying Ligand Pharmaceuticals stock?

LGND stock was acquired by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Summit Creek Advisors LLC, Woodstock Corp, Fox Run Management L.L.C. and First Hawaiian Bank. View Insider Buying and Selling for Ligand Pharmaceuticals.

How do I buy shares of Ligand Pharmaceuticals?

Shares of LGND 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 Ligand Pharmaceuticals' stock price today?

One share of LGND stock can currently be purchased for approximately $131.77.

How big of a company is Ligand Pharmaceuticals?

Ligand Pharmaceuticals has a market capitalization of $2.86 billion and generates $141.10 million in revenue each year. The biotechnology company earns $12.55 million in net income (profit) each year or $2.57 on an earnings per share basis. Ligand Pharmaceuticals employs 39 workers across the globe.

What is Ligand Pharmaceuticals' official website?

The official website for Ligand Pharmaceuticals is http://www.ligand.com.

How can I contact Ligand Pharmaceuticals?

Ligand Pharmaceuticals' mailing address is 3911 SORRENTO VALLEY BLVD SUITE 110, SAN DIEGO CA, 92121. The biotechnology company can be reached via phone at 858-550-7500 or via email at [email protected]


MarketBeat Community Rating for Ligand Pharmaceuticals (NASDAQ LGND)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  408 (Vote Outperform)
Underperform Votes:  259 (Vote Underperform)
Total Votes:  667
MarketBeat's community ratings are surveys of what our community members think about Ligand Pharmaceuticals and other stocks. Vote "Outperform" if you believe LGND will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LGND will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/15/2019 by MarketBeat.com Staff

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