NASDAQ:LXRX - Lexicon Pharmaceuticals Stock Price, Forecast & News

Lexicon Pharmaceuticals trades on the NASDAQ under the ticker symbol "LXRX."

Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) issued its quarterly earnings data on Thursday, November, 7th. The biopharmaceutical company reported $2.11 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.31 by $0.80. The biopharmaceutical company had revenue of $294.45 million for the quarter, compared to analyst estimates of $12 million. Lexicon Pharmaceuticals had a net margin of 49.78% and a return on equity of 2,372.40%. The company's revenue was up 4124.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.26) earnings per share. View Lexicon Pharmaceuticals' Earnings History.

Lexicon Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Lexicon Pharmaceuticals.

6 brokerages have issued 12-month target prices for Lexicon Pharmaceuticals' shares. Their forecasts range from $3.00 to $17.00. On average, they anticipate Lexicon Pharmaceuticals' share price to reach $7.00 in the next year. This suggests a possible upside of 85.7% from the stock's current price. View Analyst Price Targets for Lexicon Pharmaceuticals.

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

News stories about LXRX stock have been trending very negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lexicon Pharmaceuticals earned a news impact score of -3.0 on InfoTrie's scale. They also gave news articles about the biopharmaceutical company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Lexicon Pharmaceuticals.

Lexicon Pharmaceuticals saw a increase in short interest in December. As of December 31st, there was short interest totalling 13,580,000 shares, an increase of 17.8% from the December 15th total of 11,530,000 shares. Based on an average daily trading volume, of 1,400,000 shares, the days-to-cover ratio is presently 9.7 days. Currently, 13.2% of the shares of the stock are short sold. View Lexicon Pharmaceuticals' Current Options Chain.

Some companies that are related to Lexicon Pharmaceuticals include Amgen (AMGN), Gilead Sciences (GILD), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Biogen (BIIB), Regeneron Pharmaceuticals (REGN), Alexion Pharmaceuticals (ALXN), Seattle Genetics (SGEN), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Alnylam Pharmaceuticals (ALNY), EXACT Sciences (EXAS), Neurocrine Biosciences (NBIX), Ionis Pharmaceuticals (IONS) and Exelixis (EXEL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lexicon Pharmaceuticals investors own include Portola Pharmaceuticals (PTLA), Sarepta Therapeutics (SRPT), ACADIA Pharmaceuticals (ACAD), Dynavax Technologies (DVAX), MannKind (MNKD), Progenics Pharmaceuticals (PGNX), Orexigen Therapeutics (OREX), Iovance Biotherapeutics (IOVA), Geron (GERN) and Novavax (NVAX).

Lexicon Pharmaceuticals' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wedbush Securities Inc. (0.35%). Company insiders that own Lexicon Pharmaceuticals stock include Alexander A Santini, Christopher J Sobecki, James F Tessmer, Lonnel Coats, Public Equities LP Invus and Sam L Barker. View Institutional Ownership Trends for Lexicon Pharmaceuticals.

LXRX stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc.. View Insider Buying and Selling for Lexicon Pharmaceuticals.

Shares of LXRX 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.

One share of LXRX stock can currently be purchased for approximately $3.77.

Lexicon Pharmaceuticals has a market capitalization of $400.65 million and generates $63.21 million in revenue each year. The biopharmaceutical company earns $-120,550,000.00 in net income (profit) each year or ($1.14) on an earnings per share basis. Lexicon Pharmaceuticals employs 202 workers across the globe.View Additional Information About Lexicon Pharmaceuticals.

The official website for Lexicon Pharmaceuticals is http://www.lexpharma.com/.

Lexicon Pharmaceuticals' mailing address is 8800 TECHNOLOGY FOREST PLACE, THE WOODLANDS TX, 77381. The biopharmaceutical company can be reached via phone at 281-863-3000.