NASDAQ:SGMO - Sangamo Therapeutics Stock Price, News, & Analysis

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$8.89 -0.91 (-9.29 %)
(As of 03/24/2019 03:02 AM ET)
Previous Close$8.89
Today's Range$8.85 - $9.84
52-Week Range$6.26 - $23.20
Volume1.80 million shs
Average Volume1.72 million shs
Market Capitalization$909.18 million
P/E Ratio-12.70
Dividend YieldN/A
Beta2.83
Sangamo Therapeutics, Inc. focuses on translating science into genomic therapies that transform patients' lives using platform technologies in genome editing, gene therapy, gene regulation, and cell therapy. The company's zinc finger DNA-binding protein (ZFP) technology enables specific genome editing and gene regulation. The ZFPs could be engineered to make ZFP nucleases (ZFNs), proteins that could be used to modify DNA sequences by adding or knocking out specific genes; and ZFP transcription factors (ZFP TFs), proteins that can be used to turn genes on or off. Its therapeutic products include SB-728-T, a ZFN-mediated autologous T-cell product for human immunodeficiency virus and acquired immunodeficiency syndrome (HIV/AIDS), which is in Phase II and I clinical trials; and SB-728-HSPC that is in Phase I/II clinical trials for HIV/AIDS. The company also engages in Phase I/II studies of in vivo genome editing applications of ZFP Therapeutics for Hemophilia B, Hemophilia A, and Mucopolysaccharidosis I (MPS) and MPS II, which are lysosomal storage disorder (LSD); preclinical programs in other LSDs; and research stage programs in central nervous system disorders and cancer immunotherapies. It has collaborative partnerships with Biogen Inc. to develop therapeutic genome editing products in hemoglobinopathies; and Shire International GmbH to develop preclinical development program in Huntington's disease, as well as license agreements with Sigma-Aldrich Corporation to develop laboratory research reagents and Dow AgroSciences, LLC to modify the protein expression of plant cells and plants. The company also has a research collaboration and license agreement with Pfizer Inc; and collaboration with Kite for developing ex vivo cell therapies in oncology. The company was formerly known as Sangamo BioSciences, Inc. and changed its name to Sangamo Therapeutics, Inc. in January 2017. Sangamo Therapeutics, Inc. was founded in 1995 and is headquartered in Richmond, California.

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Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:SGMO
CUSIP80067710
Phone510-970-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$84.45 million
Book Value$3.60 per share

Profitability

Net Income$-68,330,000.00

Miscellaneous

EmployeesN/A
Market Cap$909.18 million
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable

Sangamo Therapeutics (NASDAQ:SGMO) Frequently Asked Questions

What is Sangamo Therapeutics' stock symbol?

Sangamo Therapeutics trades on the NASDAQ under the ticker symbol "SGMO."

How were Sangamo Therapeutics' earnings last quarter?

Sangamo Therapeutics Inc (NASDAQ:SGMO) issued its quarterly earnings results on Wednesday, August, 8th. The biopharmaceutical company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.02. The biopharmaceutical company earned $21.42 million during the quarter, compared to analysts' expectations of $21.43 million. Sangamo Therapeutics had a negative return on equity of 20.75% and a negative net margin of 80.92%. The firm's revenue was up 159.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.17) EPS. View Sangamo Therapeutics' Earnings History.

When is Sangamo Therapeutics' next earnings date?

Sangamo Therapeutics is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Sangamo Therapeutics.

What price target have analysts set for SGMO?

5 brokerages have issued 12 month price targets for Sangamo Therapeutics' shares. Their predictions range from $10.00 to $24.00. On average, they anticipate Sangamo Therapeutics' stock price to reach $15.75 in the next twelve months. This suggests a possible upside of 77.2% from the stock's current price. View Analyst Price Targets for Sangamo Therapeutics.

What is the consensus analysts' recommendation for Sangamo Therapeutics?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sangamo Therapeutics in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sangamo Therapeutics.

What are Wall Street analysts saying about Sangamo Therapeutics stock?

Here are some recent quotes from research analysts about Sangamo Therapeutics stock:
  • 1. According to Zacks Investment Research, "Sangamo Therapeutics, Inc. is a biotechnology company. It focuses on research and development of genomic therapies as well as develops medicines for patient with genetic diseases. The Company's product pipeline includes SB-525, SB-FIX, SB-318, SB-913, SB-728-T and SB-728-HSPC. Sangamo Therapeutics Inc., formerly known as Sangamo BioSciences Inc., is based in Richmond, United States. " (1/18/2019)
  • 2. Wedbush analysts commented, "Neurocrine and collaborator Abbvie announced approval of Orilissa (elagolix) for the management of moderate to severe pain associated with Endometriosis. Abbvie is guiding for the drug to be available in early August. According to Neurocrine mgmt, WAC price is $844.87/ mo for both 150mg QD regimen and 200mg BID regimen. Max treatment duration is 24mo for former and 6mo for latter. We are not making any material changes to our Orilissa sales ests. Neurocrine is entitled to a $40M approval milestone payment in 3Q18 and tiered royalties, which we believe range from 16-20%. Reiterate BUY." (7/24/2018)

Has Sangamo Therapeutics been receiving favorable news coverage?

News stories about SGMO stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sangamo Therapeutics earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media stories about the biopharmaceutical company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Are investors shorting Sangamo Therapeutics?

Sangamo Therapeutics saw a drop in short interest in the month of February. As of February 28th, there was short interest totalling 14,353,680 shares, a drop of 11.2% from the February 15th total of 16,168,522 shares. Based on an average trading volume of 2,021,101 shares, the short-interest ratio is presently 7.1 days. Approximately 14.1% of the shares of the company are sold short. View Sangamo Therapeutics' Current Options Chain.

Who are some of Sangamo Therapeutics' key competitors?

What other stocks do shareholders of Sangamo Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sangamo Therapeutics investors own include NVIDIA (NVDA), Celgene (CELG), Micron Technology (MU), Alibaba Group (BABA), Gilead Sciences (GILD), Crispr Therapeutics (CRSP), Exelixis (EXEL), Netflix (NFLX), Editas Medicine (EDIT) and Intel (INTC).

Who are Sangamo Therapeutics' key executives?

Sangamo Therapeutics' management team includes the folowing people:
  • Dr. Alexander D. Macrae, CEO, Pres & Director (Age 56)
  • Ms. Kathy Y. Yi, Sr. VP & CFO (Age 47)
  • Dr. Edward R. Conner, Sr. VP & Chief Medical Officer (Age 46)
  • Dr. Edward Rebar, Sr. VP & CTO
  • Mr. McDavid Stilwell, VP of Corp. Communications & Investor Relations

Who are Sangamo Therapeutics' major shareholders?

Sangamo Therapeutics' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.26%), FMR LLC (2.41%), BB Biotech AG (1.32%), Northern Trust Corp (1.29%), Dimensional Fund Advisors LP (1.21%) and Dimensional Fund Advisors LP (1.21%). Company insiders that own Sangamo Therapeutics stock include Curt A Herberts III, Edward R Conner, H Stewart Parker, Kathy Yi, Saira Ramasastry, Steven J Mento and William R Ringo. View Institutional Ownership Trends for Sangamo Therapeutics.

Which major investors are selling Sangamo Therapeutics stock?

SGMO stock was sold by a variety of institutional investors in the last quarter, including Casdin Capital LLC, Tocqueville Asset Management L.P., Handelsbanken Fonder AB, FMR LLC, Bailard Inc., WS Management Lllp, Rhenman & Partners Asset Management AB and Principal Financial Group Inc.. Company insiders that have sold Sangamo Therapeutics company stock in the last year include Curt A Herberts III, Edward R Conner, Kathy Yi and Steven J Mento. View Insider Buying and Selling for Sangamo Therapeutics.

Which major investors are buying Sangamo Therapeutics stock?

SGMO stock was purchased by a variety of institutional investors in the last quarter, including BB Biotech AG, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Sphera Funds Management LTD., Ontario Teachers Pension Plan Board, SHANDA ASSET MANAGEMENT HOLDINGS Ltd, BlackRock Inc. and Two Sigma Advisers LP. View Insider Buying and Selling for Sangamo Therapeutics.

How do I buy shares of Sangamo Therapeutics?

Shares of SGMO 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 Sangamo Therapeutics' stock price today?

One share of SGMO stock can currently be purchased for approximately $8.89.

How big of a company is Sangamo Therapeutics?

Sangamo Therapeutics has a market capitalization of $909.18 million and generates $84.45 million in revenue each year. The biopharmaceutical company earns $-68,330,000.00 in net income (profit) each year or ($0.70) on an earnings per share basis.

What is Sangamo Therapeutics' official website?

The official website for Sangamo Therapeutics is http://www.sangamo.com.

How can I contact Sangamo Therapeutics?

Sangamo Therapeutics' mailing address is 501 CANAL BLVD, RICHMOND CA, 94804. The biopharmaceutical company can be reached via phone at 510-970-6000 or via email at [email protected]


MarketBeat Community Rating for Sangamo Therapeutics (NASDAQ SGMO)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  329 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  639
MarketBeat's community ratings are surveys of what our community members think about Sangamo Therapeutics and other stocks. Vote "Outperform" if you believe SGMO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SGMO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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