NASDAQ:SGMT Sagimet Biosciences (SGMT) Stock Price, News & Analysis → Protect Yourself While There’s Still Time … (From Weiss Ratings) (Ad) Free SGMT Stock Alerts $4.06 +0.14 (+3.57%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$3.88▼$4.1550-Day Range$3.92▼$7.5552-Week Range$2.13▼$20.71Volume325,271 shsAverage Volume1.43 million shsMarket Capitalization$129.55 millionP/E RatioN/ADividend YieldN/APrice Target$41.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Sagimet Biosciences alerts: Email Address Sagimet Biosciences MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside922.2% Upside$41.50 Price TargetShort InterestHealthy12.02% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.67Based on 2 Articles This WeekInsider TradingAcquiring Shares$63,767 Bought Last QuarterProj. Earnings GrowthDecreasingFrom ($2.11) to ($3.45) Per ShareSee Full Details Hide Full Details 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.3.08 out of 5 starsMedical Sector358th out of 913 stocksPharmaceutical Preparations Industry162nd out of 420 stocks 3.5 Analyst's Opinion Consensus RatingSagimet Biosciences has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSagimet Biosciences has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted12.02% of the float of Sagimet Biosciences has been sold short.Short Interest Ratio / Days to CoverSagimet Biosciences has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sagimet Biosciences has recently decreased by 11.91%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSagimet Biosciences does not currently pay a dividend.Dividend GrowthSagimet Biosciences does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SGMT. Previous Next 3.2 News and Social Media Coverage News SentimentSagimet Biosciences has a news sentiment score of 0.67. 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 is a higher news sentiment than the 0.32 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Sagimet Biosciences this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for SGMT on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days.MarketBeat Follows8 people have added Sagimet Biosciences to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sagimet Biosciences insiders have bought more of their company's stock than they have sold. Specifically, they have bought $63,767.00 in company stock and sold $0.00 in company stock.Percentage Held by Institutions87.86% of the stock of Sagimet Biosciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Sagimet Biosciences are expected to decrease in the coming year, from ($2.11) to ($3.45) per share.Price to Book Value per Share RatioSagimet Biosciences has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsProtect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.4 simple steps to protect your privacy and money before it’s too late. About Sagimet Biosciences Stock (NASDAQ:SGMT)Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional metabolic pathways in the United States. The company's lead drug candidate is Denifanstat, a once-daily pill and selective FASN inhibitor for the treatment of metabolic dysfunction associated steatohepatitis. It also develops TVB-3567, a FASN inhibitor for the treatment of acne; and other oncology programs. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.Read More SGMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SGMT Stock News HeadlinesMarch 29, 2024 | insidertrades.comDavid Happel Buys 12,100 Shares of Sagimet Biosciences Inc. (NASDAQ:SGMT) StockApril 22, 2024 | globenewswire.comSagimet Biosciences to Host Virtual Investor and Analyst Day on Inhibiting Fatty Acid Synthase (FASN) to Reduce Liver Fat, Inflammation and Fibrosis in MASH on May 3, 2024April 27, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.April 21, 2024 | americanbankingnews.comSagimet Biosciences Inc. (NASDAQ:SGMT) Receives Consensus Recommendation of "Buy" from AnalystsMarch 28, 2024 | finance.yahoo.comSagimet Biosciences Inc (SGMT) Reports Full Year 2023 Financial Results: A Close LookMarch 27, 2024 | globenewswire.comSagimet Biosciences Announces Completion of Phase 1 Hepatic Impairment Study with FASN Inhibitor DenifanstatMarch 25, 2024 | markets.businessinsider.comStrong Buy Recommendation: Sagimet Biosciences’ Unique NASH Drug and Solid Financials Signal Market Growth PotentialMarch 25, 2024 | markets.businessinsider.comSagimet Biosciences: Strong Buy on Robust Financials and Promising NASH Drug TrialsApril 27, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.March 25, 2024 | msn.comSagimet Biosciences GAAP EPS of -$2.66 beats by $34.65, revenue of $2M in-lineMarch 25, 2024 | globenewswire.comSagimet Biosciences Announces Appointment of Tim Walbert and Paul Hoelscher to its Board of DirectorsMarch 25, 2024 | globenewswire.comSagimet Biosciences Reports Full Year 2023 Financial Results and Provides Corporate UpdatesFebruary 29, 2024 | globenewswire.comSagimet Biosciences to Participate in Two Upcoming Investor ConferencesFebruary 25, 2024 | benzinga.comSagimet Biosciences Stock (NASDAQ:SGMT) Dividends: History, Yield and DatesFebruary 24, 2024 | msn.comSagimet Biosciences (SGMT) Price Target Increased by 17.19% to 51.00February 23, 2024 | finance.yahoo.comPainful week for retail investors invested in Sagimet Biosciences Inc. (NASDAQ:SGMT) after 22% drop, institutions also suffered lossesFebruary 17, 2024 | morningstar.comSagimet Biosciences Inc Class A Shares SGMTFebruary 7, 2024 | markets.businessinsider.comBuy Rating Affirmed for Sagimet Biosciences as Phase 2b Results of Denifanstat Outshine CompetitorsFebruary 6, 2024 | realmoney.thestreet.comSagimet Biosciences price target lowered by $1 at JMP Securities, here's whyFebruary 6, 2024 | finance.yahoo.comSteven Cohen's Point72 Asset Management Acquires New Stake in Sagimet Biosciences IncFebruary 3, 2024 | msn.comSagimet Biosciences Announces Interim CFO AppointmentJanuary 30, 2024 | uk.finance.yahoo.comSagimet Biosciences Inc. (SGMT)January 26, 2024 | msn.comSagimet Biosciences prices public offering of 9M shares at $12.50 per shareJanuary 26, 2024 | finance.yahoo.comSagimet Biosciences Announces Pricing of Public Offering of Series A Common StockJanuary 23, 2024 | markets.businessinsider.comSagimet Biosciences Announces Proposed Public Offering of Series A Common StockJanuary 23, 2024 | finance.yahoo.comSagimet Biosciences Announces Proposed Public Offering of Series A Common StockJanuary 22, 2024 | realmoney.thestreet.comSagimet Biosciences price target raised to $47 from $31 at JMP SecuritiesSee More Headlines Receive SGMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sagimet Biosciences and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/21/2023Today4/26/2024Next Earnings (Estimated)6/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:SGMT CUSIPN/A CIK1400118 Websagimet.com Phone650-561-8600FaxN/AEmployees8Year FoundedN/APrice Target and Rating Average Stock Price Target$41.50 High Stock Price Target$67.00 Low Stock Price Target$26.00 Potential Upside/Downside+922.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio17.09 Quick Ratio17.09 Sales & Book Value Annual Sales$2 million Price / Sales64.78 Cash FlowN/A Price / Cash FlowN/A Book Value$3.98 per share Price / Book1.02Miscellaneous Outstanding Shares31,910,000Free FloatN/AMarket Cap$129.55 million OptionableNot Optionable BetaN/A The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesDr. George W. Kemble Ph.D. (Age 62)Executive Chairman of the Board Comp: $484kMr. David A. Happel (Age 62)CEO, President & Director Comp: $506.46kDr. Eduardo Bruno Martins DPhil (Age 61)M.D., Ph.D., Chief Medical Officer Comp: $446.49kMr. Urs Greber Ph.D.Co-FounderDr. Lucas Pelkmans Ph.D.Co-FounderMr. Joe OritiInterim Principal Financial Officer & Interim Principal Accounting OfficerMs. Elizabeth Rozek Esq. (Age 52)J.D., General Counsel & Chief Compliance Officer Dr. Marie O'Farrell Ph.D.Senior Vice President of Research & DevelopmentMore ExecutivesKey CompetitorsKaryopharm TherapeuticsNASDAQ:KPTIVistagen TherapeuticsNASDAQ:VTGNCoya TherapeuticsNASDAQ:COYAAmylyx PharmaceuticalsNASDAQ:AMLXInterCureNASDAQ:INCRView All CompetitorsInsiders & InstitutionsDavid HappelBought 12,100 shares on 3/26/2024Total: $63,767.00 ($5.27/share)Platinum Investment Management Ltd.Sold 272,161 shares on 2/14/2024Ownership: 0.523%Victory Capital Management Inc.Bought 38,610 shares on 2/5/2024Ownership: 0.265%Federated Hermes Inc.Bought 19,276 shares on 1/31/2024Ownership: 0.455%David HappelBought 590 shares on 11/16/2023Total: $1,386.50 ($2.35/share)View All Insider TransactionsView All Institutional Transactions SGMT Stock Analysis - Frequently Asked Questions Should I buy or sell Sagimet Biosciences stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sagimet Biosciences in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SGMT shares. View SGMT analyst ratings or view top-rated stocks. What is Sagimet Biosciences' stock price target for 2024? 6 brokers have issued 1-year price targets for Sagimet Biosciences' stock. Their SGMT share price targets range from $26.00 to $67.00. On average, they predict the company's stock price to reach $41.50 in the next year. This suggests a possible upside of 922.2% from the stock's current price. View analysts price targets for SGMT or view top-rated stocks among Wall Street analysts. How have SGMT shares performed in 2024? Sagimet Biosciences' stock was trading at $5.42 on January 1st, 2024. Since then, SGMT stock has decreased by 25.1% and is now trading at $4.06. View the best growth stocks for 2024 here. Are investors shorting Sagimet Biosciences? Sagimet Biosciences saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,350,000 shares, an increase of 31.3% from the March 15th total of 1,790,000 shares. Based on an average daily volume of 1,710,000 shares, the short-interest ratio is currently 1.4 days. Currently, 19.4% of the shares of the stock are sold short. View Sagimet Biosciences' Short Interest. When is Sagimet Biosciences' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, June 24th 2024. View our SGMT earnings forecast. How were Sagimet Biosciences' earnings last quarter? Sagimet Biosciences Inc. (NASDAQ:SGMT) announced its quarterly earnings data on Monday, August, 21st. The company reported ($35.80) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.50) by $35.30. When did Sagimet Biosciences IPO? Sagimet Biosciences (SGMT) raised $85 million in an initial public offering on Friday, July 14th 2023. The company issued 5,312,500 shares at $16.00 per share. How do I buy shares of Sagimet Biosciences? Shares of SGMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SGMT) was last updated on 4/27/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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