NASDAQ:LGND Ligand Pharmaceuticals Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ligand Pharmaceuticals Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $97.18 +2.86 (+3.03 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$93.70Now: $97.18▼$97.5750-Day Range$89.56MA: $104.60▼$118.6652-Week Range$57.24Now: $97.18▼$127.80Volume216,009 shsAverage Volume391,741 shsMarket Capitalization$1.56 billionP/E RatioN/ADividend YieldN/ABeta1.45 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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; Aziyo portfolio of 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.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingLigand Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $179.75, Ligand Pharmaceuticals has a forecasted upside of 85.0% from its current price of $97.18.Amount of Analyst CoverageLigand Pharmaceuticals has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.9 Community Rank Outperform VotesLigand Pharmaceuticals has received 502 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLigand Pharmaceuticals has received 376 “underperform” votes. (Add your “underperform” vote.)Community SentimentLigand Pharmaceuticals has received 57.18% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldLigand Pharmaceuticals does not currently pay a dividend.Dividend GrowthLigand Pharmaceuticals does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ligand Pharmaceuticals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $824,207.00 in company stock.Percentage Held by InsidersOnly 10.20% of the stock of Ligand Pharmaceuticals is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Ligand Pharmaceuticals are expected to grow by 9.03% in the coming year, from $2.99 to $3.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ligand Pharmaceuticals is -70.42, 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 Ligand Pharmaceuticals is -70.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioLigand Pharmaceuticals has a PEG Ratio of 2.19. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLigand Pharmaceuticals has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.56 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Pharmaceutical preparations Sub-IndustryBiotechnology SectorMedical Current SymbolNASDAQ:LGND Previous Symbol CUSIP53220K50 CIK886163 Webwww.ligand.com Phone858-550-7500Debt Debt-to-Equity Ratio0.65 Current Ratio29.51 Quick Ratio29.38Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio32.50 P/E Growth2.19 Sales & Book Value Annual Sales$120.28 million Price / Sales12.99 Cash Flow$5.92 per share Price / Cash Flow16.42 Book Value$43.68 per share Price / Book2.22Profitability EPS (Most Recent Fiscal Year)$2.11 Net Income$629.30 million Net Margins-19.51% Return on Equity4.41% Return on Assets2.40%Miscellaneous Employees116 Outstanding Shares16,078,000Market Cap$1.56 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $97.18 +2.86 (+3.03 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive LGND News and Ratings via Email Sign-up to receive the latest news and ratings for LGND and its competitors with MarketBeat's FREE daily newsletter. Ligand Pharmaceuticals (NASDAQ:LGND) Frequently Asked Questions How has Ligand Pharmaceuticals' stock been impacted by COVID-19 (Coronavirus)? Ligand Pharmaceuticals' stock was trading at $91.83 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LGND shares have increased by 5.8% and is now trading at $97.18. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Ligand Pharmaceuticals? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ligand Pharmaceuticals in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ligand Pharmaceuticals. When is Ligand Pharmaceuticals' next earnings date? Ligand Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Ligand Pharmaceuticals. How were Ligand Pharmaceuticals' earnings last quarter? Ligand Pharmaceuticals Inc. (NASDAQ:LGND) issued its quarterly earnings data on Monday, August, 3rd. The biotechnology company reported $1.00 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.24. The biotechnology company had revenue of $41.40 million for the quarter, compared to analysts' expectations of $29.96 million. Ligand Pharmaceuticals had a negative net margin of 19.51% and a positive return on equity of 4.41%. The company's revenue for the quarter was up 65.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 earnings per share. View Ligand Pharmaceuticals' earnings history. What guidance has Ligand Pharmaceuticals issued on next quarter's earnings? Ligand Pharmaceuticals updated its FY20 earnings guidance on Monday, August, 3rd. The company provided earnings per share guidance of ~$4.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.71. The company issued revenue guidance of ~$165 million, compared to the consensus revenue estimate of $141.77 million. What price target have analysts set for LGND? 7 analysts have issued 12 month price objectives for Ligand Pharmaceuticals' shares. Their forecasts range from $145.00 to $229.00. On average, they anticipate Ligand Pharmaceuticals' stock price to reach $179.75 in the next year. This suggests a possible upside of 85.0% from the stock's current price. View analysts' price targets for Ligand Pharmaceuticals. Who are some of Ligand Pharmaceuticals' key competitors? Some companies that are related to Ligand Pharmaceuticals include Amgen (AMGN), Gilead Sciences (GILD), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Biogen (BIIB), Seattle Genetics (SGEN), Alexion Pharmaceuticals (ALXN), Immunomedics (IMMU), Incyte (INCY), Alnylam Pharmaceuticals (ALNY), EXACT Sciences (EXAS), BioMarin Pharmaceutical (BMRN), Neurocrine Biosciences (NBIX) and Repligen (RGEN). View all competitors. What other stocks do shareholders of Ligand Pharmaceuticals own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ligand Pharmaceuticals investors own include Jazz Pharmaceuticals (JAZZ), Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), AbbVie (ABBV), Netflix (NFLX), Illumina (ILMN), Cisco Systems (CSCO) and Gilead Sciences (GILD). Who are Ligand Pharmaceuticals' key executives? Ligand Pharmaceuticals' management team includes the following 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. What is Ligand Pharmaceuticals' stock symbol? Ligand Pharmaceuticals trades on the NASDAQ under the ticker symbol "LGND." Who are Ligand Pharmaceuticals' major shareholders? Ligand Pharmaceuticals' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.25%), William Blair Investment Management LLC (9.26%), Wasatch Advisors Inc. (6.05%), Conestoga Capital Advisors LLC (4.19%), Villere ST Denis J & Co. LLC (4.04%) and Stephens Investment Management Group LLC (3.88%). Company insiders that own Ligand Pharmaceuticals stock include Charles S Berkman, Jason Aryeh, John L Higgins, John W Kozarich, Matthew W Foehr, Sunil Patel 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 Bank of New York Mellon Corp, AQR Capital Management LLC, Vanguard Group Inc., Knott David M, Thrivent Financial for Lutherans, Nuveen Asset Management LLC, William Blair Investment Management LLC, and Tygh Capital Management Inc.. Company insiders that have sold Ligand Pharmaceuticals company stock in the last year include Charles S Berkman, and Matthew W Foehr. View insider buying and selling activity for Ligand Pharmaceuticals. Which institutional investors are buying Ligand Pharmaceuticals stock? LGND stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Chicago Capital LLC, Granite Investment Partners LLC, Redwood Investments LLC, Stephens Investment Management Group LLC, Nordea Investment Management AB, Pier Capital LLC, and Prudential Financial Inc.. Company insiders that have bought Ligand Pharmaceuticals stock in the last two years include Jason Aryeh, John L Higgins, Matthew W Foehr, and Sunil Patel. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Ligand Pharmaceuticals' stock price today? One share of LGND stock can currently be purchased for approximately $97.18. How big of a company is Ligand Pharmaceuticals? Ligand Pharmaceuticals has a market capitalization of $1.56 billion and generates $120.28 million in revenue each year. The biotechnology company earns $629.30 million in net income (profit) each year or $2.11 on an earnings per share basis. Ligand Pharmaceuticals employs 116 workers across the globe. What is Ligand Pharmaceuticals' official website? The official website for Ligand Pharmaceuticals is 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] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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