NASDAQ:SGEN Seagen - SGEN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Seagen Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $138.00 -1.43 (-1.03%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$137.50▼$139.6950-Day Range$117.37▼$140.6752-Week Range$105.43▼$183.00Volume639,989 shsAverage Volume964,882 shsMarket Capitalization$25.62 billionP/E RatioN/ADividend YieldN/APrice Target$161.21 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Seagen MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside16.8% Upside$161.21 Price TargetShort InterestHealthy1.62% of Shares Sold ShortDividend StrengthN/ASustainability-1.96Upright™ Environmental ScoreNews Sentiment0.38Based on 2 Articles This WeekInsider TradingSelling Shares$7.28 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($3.53) to ($2.30) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.11 out of 5 starsMedical Sector454th out of 1,029 stocksBiological Products, Except Diagnostic Industry75th out of 169 stocks 2.4 Analyst's Opinion Consensus RatingSeagen has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $161.21, Seagen has a forecasted upside of 16.8% from its current price of $138.00.Amount of Analyst CoverageSeagen has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.62% of the outstanding shares of Seagen have been sold short.Short Interest Ratio / Days to CoverSeagen has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Seagen has recently increased by 15.38%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSeagen does not currently pay a dividend.Dividend GrowthSeagen does not have a long track record of dividend growth. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSeagen has received a 45.57% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Brentuximab vedotin", "Tucatinib", and "Enfortumab vedotin" products. See details.Environmental SustainabilityThe Environmental Impact score for Seagen is -1.96. Previous Next 1.9 News and Social Media Coverage News SentimentSeagen has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Seagen this week, compared to 6 articles on an average week.Search Interest6 people have searched for SGEN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Seagen to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Seagen insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,278,459.00 in company stock.Percentage Held by Insiders27.30% of the stock of Seagen is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions86.25% of the stock of Seagen is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Seagen are expected to grow in the coming year, from ($3.53) to ($2.30) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Seagen is -40.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Seagen is -40.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSeagen has a P/B Ratio of 8.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Seagen (NASDAQ:SGEN) StockSeagen Inc. is a biotechnology company, which engages in the development and commercialization of antibody-based therapies for the treatment of cancer. Its products include Adcetris and Padcev. The firm is also advancing a pipeline of novel therapies for solid tumors and blood-related cancers. The company was founded by Clay B. Siegall and H. Perry Fell on July 15, 1997, and is headquartered in Bothell, WA.Read More Receive SGEN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Seagen and its competitors with MarketBeat's FREE daily newsletter. Email Address SGEN Stock News HeadlinesJanuary 27, 2023 | americanbankingnews.comSeagen Inc. (NASDAQ:SGEN) CMO Roger D. Dansey Sells 10,000 SharesJanuary 27, 2023 | americanbankingnews.comSeagen Inc. (NASDAQ:SGEN) Insider Jean I. Liu Sells 5,000 SharesFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 27, 2023 | americanbankingnews.comMorgan Stanley Cuts Seagen (NASDAQ:SGEN) Price Target to $170.00January 26, 2023 | americanbankingnews.comSeagen (NASDAQ:SGEN) PT Lowered to $170.00 at Berenberg BankJanuary 19, 2023 | finance.yahoo.comSeagen Announces FDA Accelerated Approval of TUKYSA® (tucatinib) in Combination with Trastuzumab for People with Previously Treated RAS Wild-Type, HER2-Positive Metastatic Colorectal CancerJanuary 19, 2023 | finance.yahoo.comSeagen to Host Conference Call and Webcast Discussion of Fourth Quarter and Full Year 2022 Financial Results on February 15, 2023December 20, 2022 | finance.yahoo.comSeagen, Astellas and Merck Announce FDA Acceptance of sBLAs for PADCEV® (enfortumab vedotin-ejfv) with KEYTRUDA® (pembrolizumab) for the First-Line Treatment of Certain Patients With Locally Advanced or Metastatic Urothelial CancerFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 20, 2022 | finance.yahoo.comAstellas, Seagen and Merck Announce FDA Acceptance of Supplemental Biologics License Applications for PADCEV® (enfortumab vedotin-ejfv) with KEYTRUDA® (pembrolizumab) for the First-Line Treatment of Certain Patients With Locally Advanced or Metastatic Urothelial CancerDecember 12, 2022 | finance.yahoo.comSeagen Announces Results from Phase 2 Clinical Trial of ADCETRIS® (brentuximab vedotin) with Novel Immunotherapy Combination in Patients with Advanced- and Early-Stage Classical Hodgkin LymphomaDecember 7, 2022 | finance.yahoo.comSeagen Inc.'s (NASDAQ:SGEN) Intrinsic Value Is Potentially 98% Above Its Share PriceDecember 1, 2022 | finance.yahoo.comSeagen to Highlight ADCETRIS® (brentuximab vedotin) Clinical Progress at the 2022 American Society of Hematology (ASH) Annual MeetingNovember 17, 2022 | finance.yahoo.comInstitutional owners may consider drastic measures as Seagen Inc.'s (NASDAQ:SGEN) recent US$1.2b drop adds to long-term lossesNovember 10, 2022 | finance.yahoo.comSeagen Names David R. Epstein as Chief Executive Officer and DirectorNovember 10, 2022 | finance.yahoo.comSeagen Appoints Sandra M. Swain, M.D., to Board of DirectorsNovember 10, 2022 | finance.yahoo.comSeagen to Highlight New Research from its Diverse Pipeline of Targeted Cancer Therapy Candidates at the Society for Immunotherapy of Cancer’s (SITC) Annual MeetingNovember 10, 2022 | finance.yahoo.comSeagen Announces U.S. FDA Approval of New Indication for ADCETRIS® (brentuximab vedotin) for Children with Previously Untreated High Risk Hodgkin LymphomaOctober 31, 2022 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Healthcare Stocks: Seagen (SGEN), Alnylam Pharma (ALNY) and BioMarin Pharmaceutical (BMRN)October 27, 2022 | nasdaq.comSeagen Inc Q3 Loss decreases, but misses estimatesOctober 27, 2022 | seekingalpha.comSeagen Inc. (SGEN) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | finance.yahoo.comSeagen Reports Third Quarter 2022 Financial ResultsOctober 25, 2022 | msn.comA Bearish Sign Appears On Seagen's ChartOctober 25, 2022 | msn.comWhat 9 Analyst Ratings Have To Say About SeagenOctober 19, 2022 | finance.yahoo.comInvesting in Seagen (NASDAQ:SGEN) five years ago would have delivered you a 116% gainOctober 18, 2022 | seekingalpha.comLAVA Therapeutics: Assessing A Promising Innovator (NASDAQ:LVTX) - Seeking AlphaOctober 13, 2022 | benzinga.comWhat 8 Analyst Ratings Have To Say About Seagen - Seagen (NASDAQ:SGEN) - BenzingaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SGEN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Seagen and its competitors with MarketBeat's FREE daily newsletter. Email Address SGEN Company Calendar Last Earnings10/28/2021Today2/03/2023Next Earnings (Confirmed)2/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biological products, except diagnostic Sub-IndustryBiotechnology SectorMedical Current SymbolNASDAQ:SGEN CUSIP81257810 CIK1060736 Webwww.seattlegenetics.com Phone(425) 527-4000Fax425-527-4001Employees2,675Year Founded1998Price Target and Rating Average Stock Price Forecast$161.21 High Stock Price Forecast$188.00 Low Stock Price Forecast$135.00 Forecasted Upside/Downside+16.8%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)($3.45) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-674,470,000.00 Net Margins-34.16% Pretax Margin-34.09% Return on Equity-21.56% Return on Assets-17.46% Debt Debt-to-Equity RatioN/A Current Ratio3.80 Quick Ratio3.30 Sales & Book Value Annual Sales$1.57 billion Price / Sales16.27 Cash FlowN/A Price / Cash FlowN/A Book Value$16.76 per share Price / Book8.23Miscellaneous Outstanding Shares185,660,000Free Float134,978,000Market Cap$25.62 billion OptionableOptionable Beta0.58 Social Links Key ExecutivesDavid R. EpsteinChief Executive Officer & DirectorTodd E. SimpsonChief Financial OfficerVaughn B. HimesChief Technical OfficerRoger D. DanseyChief Medical OfficerNatasha A. HerndayExecutive Vice President-Corporate DevelopmentKey CompetitorsNeurocrine BiosciencesNASDAQ:NBIXRepligenNASDAQ:RGENBiogenNASDAQ:BIIBHalozyme TherapeuticsNASDAQ:HALOargenxNASDAQ:ARGXView All CompetitorsInsiders & InstitutionsEFG Asset Management North America Corp.Bought 5,134 shares on 2/3/2023Ownership: 0.046%Ellevest Inc.Sold 697 shares on 2/3/2023Ownership: 0.000%U.S. Capital Wealth Advisors LLCBought 400 shares on 2/3/2023Ownership: 0.000%Simplicity Solutions LLCSold 693 shares on 2/2/2023Ownership: 0.003%AtonRa PartnersSold 1,456 shares on 2/2/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions SGEN Stock - Frequently Asked Questions Should I buy or sell Seagen stock right now? 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Seagen in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities 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? 16 Wall Street research analysts have issued 12 month price objectives for Seagen's shares. Their SGEN share price forecasts range from $135.00 to $188.00. On average, they anticipate the company's stock price to reach $161.21 in the next year. This suggests a possible upside of 16.2% 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 2023? Seagen's stock was trading at $128.51 at the start of the year. Since then, SGEN stock has increased by 8.0% and is now trading at $138.79. View the best growth stocks for 2023 here. Are investors shorting Seagen? Seagen saw a increase in short interest in January. As of January 15th, there was short interest totaling 3,000,000 shares, an increase of 15.4% from the December 31st total of 2,600,000 shares. Based on an average daily trading volume, of 982,200 shares, the short-interest ratio is presently 3.1 days. View Seagen's Short Interest. When is Seagen's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023. View our SGEN earnings forecast. How can I listen to Seagen's earnings call? Seagen will be holding an earnings conference call on Wednesday, February 15th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were Seagen's earnings last quarter? Seagen Inc. (NASDAQ:SGEN) announced its quarterly earnings results on Thursday, October, 28th. The biotechnology company reported ($1.61) earnings per share for the quarter, missing analysts' consensus estimates of ($0.56) by $1.05. The biotechnology company earned $424.60 million during the quarter, compared to analysts' expectations of $384.83 million. Seagen had a negative trailing twelve-month return on equity of 21.56% and a negative net margin of 34.16%. The business's quarterly revenue was down 60.0% on a year-over-year basis. During the same period last year, the firm earned $3.50 EPS. 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 many different institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.24%), Manning & Napier Group LLC (0.19%), Pinnacle Associates Ltd. (0.13%), Pinnacle Associates Ltd. (0.13%), National Bank of Canada FI (0.10%) and DekaBank Deutsche Girozentrale (0.09%). 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 $138.79. How much money does Seagen make? Seagen (NASDAQ:SGEN) has a market capitalization of $25.77 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 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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