NYSE:ZYME

Zymeworks (ZYME) Stock Price, News & Analysis

$9.20
+0.20 (+2.22%)
(As of 05/3/2024 ET)
Today's Range
$8.53
$9.24
50-Day Range
$8.11
$12.90
52-Week Range
$6.01
$13.14
Volume
655,723 shs
Average Volume
587,403 shs
Market Capitalization
$649.24 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.75

Zymeworks MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
49.5% Upside
$13.75 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.20mentions of Zymeworks in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.04) to ($0.37) Per Share

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.

1.39 out of 5 stars

Medical Sector

4627th out of 5,430 stocks

Pharmaceutical Preparations Industry

2167th out of 2,526 stocks

ZYME stock logo

About Zymeworks Stock (NYSE:ZYME)

Zymeworks Inc., a clinical-stage biopharmaceutical company, discovers, develops, and commercializes biotherapeutics for the treatment of cancer. The company's lead product candidates include zanidatamab, a human epidermal growth factor receptor 2 (HER2) that is in Phase 1, Phase 2, and Phase 3 clinical trials, including certain ongoing pivotal clinical trials; and zanidatamab zovodotin, a HER2 -targeted antibody-drug conjugate that is in Phase 2 clinical trial for the treatment of advanced or metastatic HER2-expressing tumors. It also develops a pipeline of preclinical product candidates and discovery-stage programs in oncology, including immuno-oncology agents and other therapeutic areas. Zymeworks Inc. has strategic partnerships and collaborations with BeiGene, Ltd.; Celgene Corporation; Celgene Alpine Investment Co. LLC; GlaxoSmithKline Intellectual Property Development Limited; Daiichi Sankyo Co., Ltd.; Janssen Biotech, Inc.; LEO Pharma A/S; Iconic Therapeutics, Inc.; Merck Sharp & Dohme Research GmbH; and Atreca, Inc. Zymeworks Inc. was incorporated in 2003 and is based in Middletown, Delaware.

ZYME Stock Price History

ZYME Stock News Headlines

Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
Analysts’ Top Healthcare Picks: Zymeworks (ZYME), 89bio (ETNB)
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Today
5/03/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Previous Symbol
NASDAQ:ZYME
Employees
272
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$19.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+63.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-118,670,000.00
Net Margins
-156.12%
Pretax Margin
-156.87%

Debt

Sales & Book Value

Annual Sales
$76.01 million
Book Value
$6.63 per share

Miscellaneous

Free Float
69,707,000
Market Cap
$649.24 million
Optionable
Optionable
Beta
1.16
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Key Executives

  • Mr. Kenneth H. Galbraith C.A. (Age 61)
    CEO & Chairman of the Board
    Comp: $1.04M
  • Dr. Christopher Astle Ph.D. (Age 43)
    Senior VP & CFO
    Comp: $682.22k
  • Dr. Paul Moore Ph.D. (Age 56)
    Chief Scientific Officer
    Comp: $872.67k
  • Mr. Mark Hollywood (Age 54)
    Executive VP and Head of Technical & Manufacturing Operations
  • Mr. Daniel Dex J.D.
    Ph.D., Senior VP, Corporate Secretary & General Counsel
  • Diana Papove
    Senior Manager of Corporate Communications
  • Dr. Lindsey Foulkes B.Sc.
    Ph.D., Vice President of Corporate Development
  • Ms. Laura O'Connor
    Vice President of Human Resources & DEI
  • Dr. Jeffrey Smith M.D.
    Executive VP & Chief Medical Officer
  • Dr. Josemund Menezes MBBS
    Managing Director of Early-Stage Development for Asia Pacific

ZYME Stock Analysis - Frequently Asked Questions

Should I buy or sell Zymeworks stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Zymeworks in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ZYME shares.
View ZYME analyst ratings
or view top-rated stocks.

What is Zymeworks' stock price target for 2024?

3 analysts have issued 12-month target prices for Zymeworks' shares. Their ZYME share price targets range from $8.00 to $19.00. On average, they expect the company's share price to reach $13.75 in the next twelve months. This suggests a possible upside of 49.5% from the stock's current price.
View analysts price targets for ZYME
or view top-rated stocks among Wall Street analysts.

How have ZYME shares performed in 2024?

Zymeworks' stock was trading at $10.39 at the start of the year. Since then, ZYME shares have decreased by 11.5% and is now trading at $9.20.
View the best growth stocks for 2024 here
.

When is Zymeworks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our ZYME earnings forecast
.

How were Zymeworks' earnings last quarter?

Zymeworks Inc. (NYSE:ZYME) issued its quarterly earnings results on Wednesday, March, 6th. The company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.19. The firm had revenue of $16.93 million for the quarter, compared to the consensus estimate of $18.32 million. Zymeworks had a negative net margin of 156.12% and a negative trailing twelve-month return on equity of 26.20%.

What ETF holds Zymeworks' stock?

Invesco Russell 2000 Dynamic Multifactor ETF holds 158,988 shares of ZYME stock, representing 0.37% of its portfolio.

What is Ali Tehrani's approval rating as Zymeworks' CEO?

9 employees have rated Zymeworks Chief Executive Officer Ali Tehrani on Glassdoor.com. Ali Tehrani has an approval rating of 100% among the company's employees. This puts Ali Tehrani in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 86.0% of employees surveyed would recommend working at Zymeworks to a friend.

What other stocks do shareholders of Zymeworks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Zymeworks investors own include Advanced Micro Devices (AMD), Gilead Sciences (GILD), Just Energy Group (JE), NVIDIA (NVDA), Just Energy Group (JE), PayPal (PYPL), Alibaba Group (BABA), Cronos Group (CRON), CRISPR Therapeutics (CRSP) and Tesla (TSLA).

When did Zymeworks IPO?

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

Who are Zymeworks' major shareholders?

Zymeworks' stock is owned by a variety of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.24%), Allspring Global Investments Holdings LLC (0.20%), Principal Financial Group Inc. (0.04%), China Universal Asset Management Co. Ltd. (0.02%) and AlphaMark Advisors LLC (0.00%). Insiders that own company stock include Ali Tehrani, Christopher Astle, Ecor1 Capital, Llc, Kenneth Galbraith, Neil A Klompas, Neil Josephson and Paul Andrew Moore.
View institutional ownership trends
.

How do I buy shares of Zymeworks?

Shares of ZYME 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 (NYSE:ZYME) was last updated on 5/4/2024 by MarketBeat.com Staff

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