NASDAQ:PDLI - PDL BioPharma Stock Price, News, & Analysis

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$3.61 +0.04 (+1.12 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$3.57
Today's Range$3.49 - $3.62
52-Week Range$2.25 - $3.65
Volume1.95 million shs
Average Volume1.48 million shs
Market Capitalization$526.97 million
P/E Ratio5.73
Dividend YieldN/A
Beta0.5
PDL BioPharma, Inc. produces and markets biopharmaceutical products. It operates through the following segments: Income Generating Assets, Pharmaceutical, and Medical Devices. The Income Generating Assets segment consists of revenues derived from notes and other long-term receivables, royalty rights-at fair value, equity investments, and royalties from issued patents in the United States and elsewhere. The Pharmaceutical segment covers revenues from branded prescription medicine products being sold under the name Tekturna and Tekturna HCT in the United States, and Rasilez and Rasilez HCT for the rest of the world. The Medical Devices segment handles revenues from the LENSAR Laser System sales. The company was founded by Cary L. Queen and Laurence Jay Korn in 1986 and is headquartered in Incline Village, NV.

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Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:PDLI
CUSIP69329Y10
Phone775-832-8500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$320.06 million
Cash Flow$0.9070 per share
Book Value$5.48 per share

Profitability

Net Income$110.74 million

Miscellaneous

Employees87
Market Cap$526.97 million
Next Earnings Date3/14/2019 (Estimated)
OptionableOptionable

PDL BioPharma (NASDAQ:PDLI) Frequently Asked Questions

What is PDL BioPharma's stock symbol?

PDL BioPharma trades on the NASDAQ under the ticker symbol "PDLI."

How will PDL BioPharma's stock buyback program work?

PDL BioPharma announced that its Board of Directors has initiated a share repurchase plan on Monday, September 24th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 27.3% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

How were PDL BioPharma's earnings last quarter?

PDL BioPharma Inc (NASDAQ:PDLI) announced its quarterly earnings data on Wednesday, August, 8th. The biotechnology company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.06 by $0.04. The biotechnology company had revenue of $46.58 million for the quarter. PDL BioPharma had a negative net margin of 28.41% and a positive return on equity of 7.72%. View PDL BioPharma's Earnings History.

When is PDL BioPharma's next earnings date?

PDL BioPharma is scheduled to release their next quarterly earnings announcement on Thursday, March 14th 2019. View Earnings Estimates for PDL BioPharma.

What price target have analysts set for PDLI?

1 brokerages have issued 1-year price targets for PDL BioPharma's shares. Their predictions range from $3.00 to $3.00. On average, they expect PDL BioPharma's stock price to reach $3.00 in the next twelve months. This suggests that the stock has a possible downside of 16.9%. View Analyst Price Targets for PDL BioPharma.

What is the consensus analysts' recommendation for PDL BioPharma?

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

Has PDL BioPharma been receiving favorable news coverage?

Media coverage about PDLI stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring 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 closest to five being the most favorable. PDL BioPharma earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave 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 impact on the stock's share price in the immediate future.

Who are some of PDL BioPharma's key competitors?

What other stocks do shareholders of PDL BioPharma own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PDL BioPharma investors own include AT&T (T), Novavax (NVAX), Advanced Micro Devices (AMD), General Electric (GE), Opko Health (OPK), Bank of America (BAC), Synergy Pharmaceuticals (SGYP), Bausch Health Companies (BHC), Freeport-McMoRan (FCX) and Pfizer (PFE).

Who are PDL BioPharma's key executives?

PDL BioPharma's management team includes the folowing people:
  • Dominique Monnet, President, Chief Executive Officer & Director
  • Peter S. Garcia, Chief Financial Officer & Vice President
  • Christopher Lewis Stone, Secretary, Vice President & General Counsel
  • Jill M. Jene, Vice President-Business Development
  • Edward Imbrogno, Vice President-Finance

Who are PDL BioPharma's major shareholders?

PDL BioPharma's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.62%), Dimensional Fund Advisors LP (8.53%), Connor Clark & Lunn Investment Management Ltd. (4.04%), Northern Trust Corp (3.22%), Brandes Investment Partners LP (3.06%) and D. E. Shaw & Co. Inc. (1.62%). View Institutional Ownership Trends for PDL BioPharma.

Which institutional investors are selling PDL BioPharma stock?

PDLI stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Bank of New York Mellon Corp, Acadian Asset Management LLC, Barclays PLC, KBC Group NV, Dimensional Fund Advisors LP, Paloma Partners Management Co and GSA Capital Partners LLP. View Insider Buying and Selling for PDL BioPharma.

Which institutional investors are buying PDL BioPharma stock?

PDLI stock was purchased by a variety of institutional investors in the last quarter, including Brandes Investment Partners LP, Prudential Financial Inc., RBF Capital LLC, Citigroup Inc., D. E. Shaw & Co. Inc., Two Sigma Investments LP, Weber Alan W and Ancora Advisors LLC. View Insider Buying and Selling for PDL BioPharma.

How do I buy shares of PDL BioPharma?

Shares of PDLI 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 PDL BioPharma's stock price today?

One share of PDLI stock can currently be purchased for approximately $3.61.

How big of a company is PDL BioPharma?

PDL BioPharma has a market capitalization of $526.97 million and generates $320.06 million in revenue each year. The biotechnology company earns $110.74 million in net income (profit) each year or $0.63 on an earnings per share basis. PDL BioPharma employs 87 workers across the globe.

What is PDL BioPharma's official website?

The official website for PDL BioPharma is http://www.pdl.com.

How can I contact PDL BioPharma?

PDL BioPharma's mailing address is 932 SOUTHWOOD BLVD, INCLINE VILLAGE NV, 89451. The biotechnology company can be reached via phone at 775-832-8500 or via email at [email protected]


MarketBeat Community Rating for PDL BioPharma (NASDAQ PDLI)

Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  144 (Vote Outperform)
Underperform Votes:  391 (Vote Underperform)
Total Votes:  535
MarketBeat's community ratings are surveys of what our community members think about PDL BioPharma and other stocks. Vote "Outperform" if you believe PDLI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PDLI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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