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NASDAQ:PDLI

PDL BioPharma Stock Forecast, Price & News

$3.02
-0.06 (-1.95 %)
(As of 09/23/2020 12:00 AM ET)
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Today's Range
$3.02
Now: $3.02
$3.12
50-Day Range
$3.08
MA: $3.33
$3.63
52-Week Range
$2.06
Now: $3.02
$3.86
Volume879,906 shs
Average Volume1.21 million shs
Market Capitalization$344.23 million
P/E RatioN/A
Dividend YieldN/A
Beta0.89
PDL BioPharma, Inc. acquires, manages, and commercializes commercial stage pharmaceutical assets and late clinical stage pharmaceutical products in the United States, Europe, and internationally. The company operates in three segments: Pharmaceutical, Medical Devices, and Income Generating Assets. The Pharmaceutical segment manufactures, markets, and sells prescription medicine products for the treatment of hypertension to wholesalers under the Tekturna and Tekturna HCT names in the United States, as well as under the Rasilez and Rasilez HCT names internationally. The Medical Devices segment manufactures, markets, and sells LENSAR laser systems for anterior capsulotomy, lens fragmentation, corneal and arcuate incisions to ophthalmic ambulatory surgical centers, specialty ophthalmic hospitals, and multi-specialty hospitals through a direct sales force. The Income Generating Assets segment consists of notes and other long-term receivables; royalty rights and hybrid notes/royalty receivables; equity investments in healthcare companies; and royalties from issued patents covering the humanization of antibodies, including Avastin, Herceptin, Xolair, Lucentis, Perjeta, Kadcyla, and Tysabri. The company was formerly known as Protein Design Labs, Inc. and changed its name to PDL BioPharma, Inc. in 2006. PDL BioPharma, Inc. was founded in 1986 and is headquartered in Incline Village, Nevada.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 1.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.85 out of 5 stars


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$54.76 million
Cash Flow$0.41 per share
Book Value$5.20 per share

Profitability

Net Income$-70,410,000.00

Miscellaneous

Employees105
Market Cap$344.23 million
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$3.02
-0.06 (-1.95 %)
(As of 09/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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PDL BioPharma (NASDAQ:PDLI) Frequently Asked Questions

How has PDL BioPharma's stock been impacted by COVID-19?

PDL BioPharma's stock was trading at $3.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PDLI stock has decreased by 1.6% and is now trading at $3.02.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is PDL BioPharma's next earnings date?

PDL BioPharma is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for PDL BioPharma
.

How were PDL BioPharma's earnings last quarter?

PDL BioPharma Inc (NASDAQ:PDLI) posted its quarterly earnings results on Thursday, August, 6th. The biotechnology company reported ($0.43) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.53. The biotechnology company had revenue of $5.21 million for the quarter.
View PDL BioPharma's earnings history
.

How often does PDL BioPharma pay dividends? What is the dividend yield for PDL BioPharma?

PDL BioPharma announced a quarterly dividend on Thursday, September 10th. Shareholders of record on Tuesday, September 22nd will be paid a dividend of $0.076 per share on Thursday, October 1st. This represents a $0.30 dividend on an annualized basis and a yield of 10.07%. The ex-dividend date of this dividend is Monday, September 21st. This is a positive change from PDL BioPharma's previous quarterly dividend of $0.05.
View PDL BioPharma's dividend history
.

How will PDL BioPharma's stock buyback program work?

PDL BioPharma announced that its board has approved a share repurchase plan on Monday, September 24th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 27.3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its stock is undervalued.

What price target have analysts set for PDLI?

1 analysts have issued 1 year target prices for PDL BioPharma's stock. Their forecasts range from $3.00 to $3.00. On average, they expect PDL BioPharma's share price to reach $3.00 in the next year. This suggests that the stock has a possible downside of 0.7%.
View analysts' price targets for PDL BioPharma
.

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), Opko Health (OPK), Canopy Growth (CGC), Advanced Micro Devices (AMD), Novavax (NVAX), General Electric (GE), Teva Pharmaceutical Industries (TEVA), Bank of America (BAC), Bausch Health Companies (BHC) and Cara Therapeutics (CARA).

Who are PDL BioPharma's key executives?

PDL BioPharma's management team includes the following people:
  • Mr. Dominique P. Monnet, CEO, Pres & Director (Age 58)
  • Mr. Peter S. Garcia, VP & CFO (Age 57)
  • Mr. Christopher L. Stone, VP, Gen. Counsel & Sec. (Age 55)
  • Mr. Nathan Kryszak, Deputy Gen. Counsel & Assistant Sec.

What is PDL BioPharma's stock symbol?

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

Who are PDL BioPharma's major shareholders?

PDL BioPharma's stock is owned by many different retail and institutional investors. Top institutional shareholders include Brandes Investment Partners LP (4.70%), Engine Capital Management LP (2.35%), Charles Schwab Investment Management Inc. (2.04%), Ancora Advisors LLC (1.49%), Goldman Sachs Group Inc. (1.28%) and Grantham Mayo Van Otterloo & Co. LLC (0.97%).
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 Charles Schwab Investment Management Inc., Engine Capital Management LP, AQR Capital Management LLC, Brandes Investment Partners LP, Principal Financial Group Inc., Principal Financial Group Inc., West Family Investments Inc., and Ancora Advisors LLC.
View insider buying and selling activity for PDL BioPharma
.

Which institutional investors are buying PDL BioPharma stock?

PDLI stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Context Capital Management LLC, Prudential Financial Inc., Jane Street Group LLC, WINTON GROUP Ltd, Grantham Mayo Van Otterloo & Co. LLC, JBF Capital Inc., and Rafferty Asset Management LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is PDL BioPharma's stock price today?

One share of PDLI stock can currently be purchased for approximately $3.02.

How big of a company is PDL BioPharma?

PDL BioPharma has a market capitalization of $344.23 million and generates $54.76 million in revenue each year. The biotechnology company earns $-70,410,000.00 in net income (profit) each year or $0.28 on an earnings per share basis. PDL BioPharma employs 105 workers across the globe.

What is PDL BioPharma's official website?

The official website for PDL BioPharma is 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]

This page was last updated on 9/24/2020 by MarketBeat.com Staff

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