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PYPL   80.69 (+0.76%)
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NASDAQ:SGEN

Seagen - SGEN Stock Forecast, Price & News

$122.96
-0.48 (-0.39%)
(As of 11/28/2022 01:03 PM ET)
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Compare
Today's Range
$122.75
$125.03
50-Day Range
$123.44
$141.99
52-Week Range
$105.43
$183.00
Volume
8,693 shs
Average Volume
1.14 million shs
Market Capitalization
$22.83 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$160.67

Seagen MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
29.7% Upside
$160.67 Price Target
Short Interest
Healthy
1.34% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.87
Upright™ Environmental Score
News Sentiment
0.45mentions of Seagen in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$3.41 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($3.54) to ($2.30) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Medical Sector

91st out of 1,040 stocks

Biological Products, Except Diagnostic Industry

10th out of 175 stocks

SGEN stock logo

About Seagen (NASDAQ:SGEN) Stock

Seagen Inc., a biotechnology company, develops and commercializes therapies for the treatment of cancer in the United States and internationally. The company 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 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. It 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-CD40, SEA-TGT, SEA-BCMA, and SEA-CD70 for various cancer diseases. Seagen Inc. 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.

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SGEN Stock News Headlines

Seagen Inc. (SGEN) Q3 2022 Earnings Call Transcript
Seagen Reports Third Quarter 2022 Financial Results
A Bearish Sign Appears On Seagen's Chart
Is Seagen Stock a Buy Now? - Nasdaq
See More Headlines
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SGEN Company Calendar

Last Earnings
10/28/2021
Today
11/28/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/08/2023

Industry, Sector and Symbol

Industry
Biological products, except diagnostic
Sub-Industry
Biotechnology
Sector
Medical
Current Symbol
NASDAQ:SGEN
CUSIP
81257810
Employees
2,675
Year Founded
1998

Price Target and Rating

Average Stock Price Forecast
$160.67
High Stock Price Forecast
$188.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
+30.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
15 Analysts

Profitability

Net Income
$-674,470,000.00
Pretax Margin
-34.09%

Debt

Sales & Book Value

Annual Sales
$1.57 billion
Book Value
$16.76 per share

Miscellaneous

Free Float
134,978,000
Market Cap
$22.83 billion
Optionable
Optionable
Beta
0.60

Social Links


Key Executives

  • Dr. Roger D. Dansey M.D.Dr. Roger D. Dansey M.D. (Age 66)
    Chief Medical Officer & Interim CEO
    Comp: $1.53M
  • Mr. Todd E. SimpsonMr. Todd E. Simpson (Age 61)
    Chief Financial Officer
    Comp: $1.17M
  • Ms. Jean I. Liu J.D.Ms. Jean I. Liu J.D. (Age 54)
    M.S., Chief Legal Officer
    Comp: $1.11M
  • Mr. Charles R. RompMr. Charles R. Romp (Age 54)
    Exec. VP of Commercial U.S.
    Comp: $1.02M
  • Dr. Vaughn B. Himes Ph.D. (Age 61)
    Chief Technical Officer
  • Peggy Pinkston
    Sr. VP of Investor Relations
  • Mr. David Caouette
    VP of Corp. Communications
  • Mr. Matt Skelton
    VP of Marketing
  • Mr. Christopher P. Pawlowicz
    Exec. VP of HR
  • Ms. Natasha A. Hernday (Age 50)
    Chief Bus. Officer













SGEN Stock - Frequently Asked Questions

Should I buy or sell Seagen stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Seagen in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SGEN shares.
View SGEN analyst ratings
or view top-rated stocks.

What is Seagen's stock price forecast for 2023?

15 brokers have issued 12-month target prices for Seagen's stock. Their SGEN share price forecasts range from $135.00 to $188.00. On average, they predict the company's share price to reach $160.67 in the next year. This suggests a possible upside of 30.2% from the stock's current price.
View analysts price targets for SGEN
or view top-rated stocks among Wall Street analysts.

How have SGEN shares performed in 2022?

Seagen's stock was trading at $154.60 on January 1st, 2022. Since then, SGEN stock has decreased by 20.2% and is now trading at $123.44.
View the best growth stocks for 2022 here
.

When is Seagen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our SGEN earnings forecast
.

How were Seagen's earnings last quarter?

Seagen Inc. (NASDAQ:SGEN) announced its quarterly earnings data on Thursday, October, 28th. The biotechnology company reported ($1.61) EPS for the quarter, missing the consensus estimate of ($0.56) by $1.05. The biotechnology company earned $424.60 million during the quarter, compared to analyst estimates of $384.83 million. Seagen had a negative net margin of 34.16% and a negative trailing twelve-month return on equity of 21.56%. The company's revenue was down 60.0% on a year-over-year basis. During the same period in the previous year, the company earned $3.50 earnings per share.

What guidance has Seagen issued on next quarter's earnings?

Seagen updated its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.82 billion-$1.86 billion, compared to the consensus revenue estimate of $1.84 billion.

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.

What other stocks do shareholders of Seagen own?

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

What is Seagen's stock symbol?

Seagen trades on the NASDAQ under the ticker symbol "SGEN."

Who are Seagen's major shareholders?

Seagen's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.82%), BlackRock Inc. (6.37%), Primecap Management Co. CA (2.47%), State Street Corp (1.86%), Bank of New York Mellon Corp (0.54%) and Macquarie Group Ltd. (0.50%). Insiders that own company stock include Bros Advisors Lp Baker, Charles R Romp, Charles R Romp, Clay B Siegall, Clay B Siegall, Daniel G Welch, Daniel G Welch, David W Gryska, David W Gryska, Jean I Liu, Jean I Liu, Marc E Lippman, Morgan E Obrien, Roger D Dansey, Roger D Dansey, Todd E Simpson, Todd E Simpson, Vaughn B Himes and Vaughn B Himes.
View institutional ownership trends
.

How do I buy shares of Seagen?

Shares of SGEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Seagen's stock price today?

One share of SGEN stock can currently be purchased for approximately $123.44.

How much money does Seagen make?

Seagen (NASDAQ:SGEN) has a market capitalization of $22.92 billion and generates $1.57 billion in revenue each year. The biotechnology company earns $-674,470,000.00 in net income (profit) each year or ($3.45) on an earnings per share basis.

How many employees does Seagen have?

The company employs 2,675 workers across the globe.

Does Seagen have any subsidiaries?
The following companies are subsidiares of Seagen: Cascadian Therapeutics.
Read More
How can I contact Seagen?

Seagen's mailing address is 21823 30TH DRIVE SE SUITE, BOTHELL WA, 98021. The official website for the company is www.seattlegenetics.com. The biotechnology company can be reached via phone at (425) 527-4000, via email at investors@seagen.com, or via fax at 425-527-4001.

This page (NASDAQ:SGEN) was last updated on 11/28/2022 by MarketBeat.com Staff