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NYSE:ZYMEZymeworks Stock Price, Forecast & News

$36.16
-1.00 (-2.69 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$35.99
Now: $36.16
$37.67
50-Day Range
$33.67
MA: $36.72
$39.58
52-Week Range
$16.80
Now: $36.16
$52.75
Volume252,264 shs
Average Volume448,718 shs
Market Capitalization$1.65 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.18
Zymeworks Inc., a clinical-stage biopharmaceutical company, engages in the discovery, development, and commercialization of bio-therapeutics for the treatment of cancer in Canada. The company's lead product candidates include ZW25, a bispecific antibody that is in Phase I clinical trial for the treatment of breast and gastric cancer; ZW49, a bispecific antibody-drug conjugate that is in preclinical stage for treating breast and gastric cancers, and solid tumors. The company has strategic partnerships with Merck Sharp & Dohme Research Ltd.; Eli Lilly and Company; Celgene Corporation and Celgene Alpine Investment Co. LLC; GlaxoSmithKline Intellectual Property Development Limited; Daiichi Sankyo Co., Ltd.; and Janssen Biotech, Inc., as well as a collaboration agreement with BeiGene, Ltd. It also has licensing and research collaboration with LEO Pharma A/S to discover and develop bispecific antibodies targeting cytokine-receptor pathways. Zymeworks Inc. was founded in 2003 and is headquartered in Vancouver, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.03 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Previous SymbolNASDAQ:ZYME
CUSIPN/A
Phone604-678-1388

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$29.54 million
Book Value$6.24 per share

Profitability

Net Income$-145,440,000.00
Net Margins-629.37%

Miscellaneous

Employees180
Market Cap$1.65 billion
Next Earnings Date8/7/2020 (Estimated)
OptionableOptionable

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Zymeworks (NYSE:ZYME) Frequently Asked Questions

How has Zymeworks' stock been impacted by COVID-19 (Coronavirus)?

Zymeworks' stock was trading at $32.26 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ZYME stock has increased by 12.1% and is now trading at $36.16. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Zymeworks?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zymeworks in the last year. There are currently 2 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Zymeworks.

When is Zymeworks' next earnings date?

Zymeworks is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Zymeworks.

How were Zymeworks' earnings last quarter?

Zymeworks Inc (NYSE:ZYME) issued its quarterly earnings results on Thursday, May, 7th. The company reported ($0.64) EPS for the quarter, topping the Zacks' consensus estimate of ($1.15) by $0.51. The business had revenue of $8.27 million for the quarter, compared to analyst estimates of $7.78 million. Zymeworks had a negative net margin of 629.37% and a negative return on equity of 46.17%. View Zymeworks' earnings history.

What price target have analysts set for ZYME?

11 equities research analysts have issued 12 month target prices for Zymeworks' shares. Their forecasts range from $23.00 to $70.00. On average, they expect Zymeworks' share price to reach $50.64 in the next year. This suggests a possible upside of 40.0% from the stock's current price. View analysts' price targets for Zymeworks.

Has Zymeworks been receiving favorable news coverage?

Headlines about ZYME stock have been trending very negative this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Zymeworks earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutZymeworks.

Are investors shorting Zymeworks?

Zymeworks saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 763,100 shares, a decrease of 6.8% from the April 30th total of 818,500 shares. Based on an average daily trading volume, of 391,300 shares, the days-to-cover ratio is currently 2.0 days. Approximately 2.0% of the shares of the company are short sold. View Zymeworks' Current Options Chain.

Who are some of Zymeworks' key competitors?

What other stocks do shareholders of Zymeworks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Zymeworks investors own include Just Energy Group (JE), Just Energy Group (JE), Gilead Sciences (GILD), Cronos Group (CRON), Advanced Micro Devices (AMD), Crispr Therapeutics (CRSP), NVIDIA (NVDA), Sangamo Therapeutics (SGMO), AbbVie (ABBV) and Aurora Cannabis (ACB).

Who are Zymeworks' key executives?

Zymeworks' management team includes the following people:
  • Dr. Ali Tehrani, Co-Founder, Pres, CEO & Director (Age 47)
  • Mr. Neil A. Klompas C.A., CPA, CPA, CA, Chief Financial Officer (Age 47)
  • Dr. Anthony J. Polverino, Chief Scientific Officer & Exec. VP of Early Devel. (Age 56)
  • Dr. Diana F. Hausman, Chief Medical Officer (Age 56)
  • Dr. Surjit Dixit, VP of Technology (Age 46)

When did Zymeworks IPO?

(ZYME) raised $65 million in an initial public offering (IPO) on Friday, April 28th 2017. The company issued 4,500,000 shares at $13.00-$16.00 per share. Citigroup, Barclays, Wells Fargo Securities and Canaccord Genuity served as the underwriters for the IPO and Cormark Securities was co-manager.

What is Zymeworks' stock symbol?

Zymeworks trades on the New York Stock Exchange (NYSE) under the ticker symbol "ZYME."

Who are Zymeworks' major shareholders?

Zymeworks' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Perceptive Advisors LLC (7.82%), Vivo Capital LLC (2.42%), Redmile Group LLC (1.91%), Orbimed Advisors LLC (1.28%), Franklin Resources Inc. (1.08%) and Two Sigma Advisers LP (1.04%). Company insiders that own Zymeworks stock include Ali Tehrani, David Kai Yuen Poon, Eli & Co Lilly, Neil A Klompas and Troy Cox. View institutional ownership trends for Zymeworks.

Which institutional investors are selling Zymeworks stock?

ZYME stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Franklin Resources Inc., Sofinnova Investments Inc., Magnus Financial Group LLC, UBS Group AG, Wells Fargo & Company MN, Deutsche Bank AG, and Pictet Asset Management Ltd.. View insider buying and selling activity for Zymeworks.

Which institutional investors are buying Zymeworks stock?

ZYME stock was bought by a variety of institutional investors in the last quarter, including Perceptive Advisors LLC, Vivo Capital LLC, Redmile Group LLC, Orbimed Advisors LLC, Lord Abbett & CO. LLC, BlackRock Inc., Alyeska Investment Group L.P., and Two Sigma Advisers LP. Company insiders that have bought Zymeworks stock in the last two years include Ali Tehrani, and Troy Cox. View insider buying and selling activity for Zymeworks.

How do I buy shares of Zymeworks?

Shares of ZYME 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, Robinhood, Fidelity, and Charles Schwab.

What is Zymeworks' stock price today?

One share of ZYME stock can currently be purchased for approximately $36.16.

How big of a company is Zymeworks?

Zymeworks has a market capitalization of $1.65 billion and generates $29.54 million in revenue each year. The company earns $-145,440,000.00 in net income (profit) each year or ($3.83) on an earnings per share basis. Zymeworks employs 180 workers across the globe.

What is Zymeworks' official website?

The official website for Zymeworks is www.zymeworks.com.

How can I contact Zymeworks?

Zymeworks' mailing address is 1385 WEST 8TH AVENUE SUITE 540, VANCOUVER A1, V6H 3V9. The company can be reached via phone at 604-678-1388 or via email at [email protected]

This page was last updated on 5/26/2020 by MarketBeat.com Staff

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