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NASDAQ:SGEN

Seagen (SGEN) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$228.74
$228.74
50-Day Range
$228.74
$228.74
52-Week Range
$123.77
$228.96
Volume
86 shs
Average Volume
1.48 million shs
Market Capitalization
$42.93 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$229.00

Seagen MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.1% Upside
$229.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-2.86
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($3.82) to ($1.82) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.42 out of 5 stars

Medical Sector

900th out of 936 stocks

Biotechnology Industry

8th out of 11 stocks

SGEN stock logo

About Seagen Stock (NASDAQ:SGEN)

Seagen Inc., a biotechnology company, develops and commercializes therapies for the treatment of cancer in the United States and internationally. It offers ADCETRIS, an antibody-drug conjugate (ADC) for the treatment of patients with Hodgkin lymphoma or CD30-positive T-cell lymphomas; PADCEV, an ADC targeting Nectin-4 for the treatment of adult patients with advanced or metastatic urothelial cancer; and TUKYSA, an oral small molecule tyrosine kinase inhibitor for the treatment of adult patients with advanced unresectable or metastatic HER2-positive breast cancer. The company also develops TIVDAK for metastatic cervical cancer and other solid tumors; Ladiratuzumab Vedotin, an ADC targeting LIV-1 for metastatic breast cancer and solid tumors; Disitamab Vedotin, a novel HER2-targeted ADC; and SEA-TGT and SEA-CD70 for various cancer diseases. It has collaboration agreements with Takeda Pharmaceutical Company Limited; Agensys, Inc.; Genmab A/S; Merck; and RemeGen, Co. Ltd. The company was formerly known as Seattle Genetics, Inc. and changed its name to Seagen Inc. in October 2020. Seagen Inc. was incorporated in 1997 and is headquartered in Bothell, Washington. As of December 14, 2023, Seagen Inc. operates as a subsidiary of Pfizer Inc.

SGEN Stock News Headlines

Pfizer: Turning The Corner (Rating Upgrade)
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
MRNA Feb 2024 64.000 put
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
MRNA Feb 2024 77.000 call
MRNA Feb 2024 67.000 put
SGEN Jan 2024 210.000 put
SGEN Jan 2024 235.000 put(CONTR
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Today
7/27/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:SGEN
CUSIP
81257810
Employees
3,256
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$229.00
High Stock Price Target
$229.00
Low Stock Price Target
$229.00
Potential Upside/Downside
+0.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-610,310,000.00
Pretax Margin
-32.12%

Debt

Sales & Book Value

Annual Sales
$2.30 billion
Book Value
$15.10 per share

Miscellaneous

Free Float
139,084,000
Market Cap
$42.93 billion
Optionable
Optionable
Beta
0.32

Social Links

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Should I Buy Seagen Stock? SGEN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Seagen Inc.:

  • Seagen Inc. has shown a positive Month-to-Month Change Percentage in short interest, indicating potential stability.
  • The institutional ownership percentage is high at 91.8%, suggesting confidence from large investors.
  • Seagen Inc. has a strong Fifty-Two Week Performance, showcasing consistent growth over the past year.
  • The company's Average Daily Volume is significant at 1,370,000 shares, indicating active trading and liquidity.
  • With a Price on Record Date of $198, the stock price is relatively high, potentially reflecting positive market sentiment.

Cons

Investors should be bearish about investing in Seagen Inc. for these reasons:

  • Seagen Inc. has a relatively high Days to Cover ratio of 4.1, which may indicate a longer time for short sellers to close their positions.
  • There has been a slight decrease in Shares Shorted from the previous month, which could suggest a shift in market sentiment.
  • The Short Percentage of Float is 0, which may indicate limited short-term trading opportunities.
  • The Float Size is 0, which could impact the stock's volatility and liquidity in the market.
  • Despite positive aspects, investors should consider the potential risks associated with the stock's performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Seagen pros and cons to contact@marketbeat.com.

SGEN Stock Analysis - Frequently Asked Questions

How were Seagen's earnings last quarter?

Seagen Inc. (NASDAQ:SGEN) announced its quarterly earnings results on Wednesday, November, 1st. The biotechnology company reported ($1.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.82) by $0.33. The firm's revenue for the quarter was up 27.1% on a year-over-year basis.

What is Clay B. Siegall's approval rating as Seagen's CEO?

107 employees have rated Seagen Chief Executive Officer Clay B. Siegall on Glassdoor.com. Clay B. Siegall has an approval rating of 99% among the company's employees. This puts Clay B. Siegall in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Does Seagen have any subsidiaries?

Seagen subsidiaries include Cascadian Therapeutics.

What other stocks do shareholders of Seagen own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Seagen investors own include NVIDIA (NVDA), AbbVie (ABBV), Advanced Micro Devices (AMD), Gilead Sciences (GILD), Salesforce (CRM), QUALCOMM (QCOM) and Tesla (TSLA).

This page (NASDAQ:SGEN) was last updated on 7/27/2024 by MarketBeat.com Staff

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