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IGM Biosciences (IGMS) Stock

Profile

Sector:

Healthcare

Industry:

Biotechnology

Country:

United States

IPO:

18 September 2019

Indexes:

Not included

Description:

IGM Biosciences, Inc. is an American biopharmaceutical company specializing in the discovery and development of new drugs based on the engineering of IgM antibodies (antibodies naturally produced by the human immune system) for the treatment of oncological diseases. The company has been in operation since 1993 and is based in Mountain View, California. Candidate drugs: IGM-2323 IgM antibody targeting T-cells for the treatment of patients with non-Hodgkin's lymphoma. IGM-8444 and IGM-7354 antibodies being investigated for the treatment of patients with solid and hematologic malignancies. The company has developed and patented its own technological platform for antibody engineering. Additionally, the company is conducting preclinical studies of drugs for the treatment of acute myeloid leukemia and multiple myeloma.

Key Details

Price

$10.55

Annual Revenue

$2.13 M(+99.25% YoY)

Annual EPS

-$4.71(+11.47% YoY)

Annual ROE

-100.48%

Beta

1.47

Events Calendar

Earnings

Next earnings date:

Mar 07, 2025

Recent quarterly earnings:

Nov 08, 2024

Recent annual earnings:

Mar 07, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

11 Nov '24 Stifel
Buy
18 Oct '24 RBC Capital
Outperform
01 Oct '24 Wedbush
Outperform
01 Oct '24 Truist Securities
Hold
01 Oct '24 RBC Capital
Outperform
01 Oct '24 JP Morgan
Underweight
01 Oct '24 Guggenheim
Buy
05 Sept '24 HC Wainwright & Co.
Neutral
23 Aug '24 Truist Securities
Buy
15 Aug '24 Wedbush
Outperform

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Institutional Ownership

IGM Biosciences, Inc. (IGMS) Reports Q3 Loss, Tops Revenue Estimates
IGM Biosciences, Inc. (IGMS) Reports Q3 Loss, Tops Revenue Estimates
IGM Biosciences, Inc. (IGMS) Reports Q3 Loss, Tops Revenue Estimates
IGMS
zacks.com08 November 2024

IGM Biosciences, Inc. (IGMS) came out with a quarterly loss of $1.01 per share versus the Zacks Consensus Estimate of a loss of $0.82. This compares to loss of $1.04 per share a year ago.

IGM Biosciences (IGMS) Surges 11.6%: Is This an Indication of Further Gains?
IGM Biosciences (IGMS) Surges 11.6%: Is This an Indication of Further Gains?
IGM Biosciences (IGMS) Surges 11.6%: Is This an Indication of Further Gains?
IGMS
zacks.com18 September 2024

IGM Biosciences (IGMS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

All You Need to Know About IGM Biosciences (IGMS) Rating Upgrade to Buy
All You Need to Know About IGM Biosciences (IGMS) Rating Upgrade to Buy
All You Need to Know About IGM Biosciences (IGMS) Rating Upgrade to Buy
IGMS
zacks.com22 August 2024

IGM Biosciences (IGMS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

IGM Biosciences, Inc. (IGMS) Reports Q2 Loss, Lags Revenue Estimates
IGM Biosciences, Inc. (IGMS) Reports Q2 Loss, Lags Revenue Estimates
IGM Biosciences, Inc. (IGMS) Reports Q2 Loss, Lags Revenue Estimates
IGMS
zacks.com14 August 2024

IGM Biosciences, Inc. (IGMS) came out with a quarterly loss of $0.79 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $1.43 per share a year ago.

IGM Biosciences, Inc. (IGMS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
IGM Biosciences, Inc. (IGMS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
IGM Biosciences, Inc. (IGMS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
IGMS
Zacks Investment Research03 May 2024

IGM Biosciences (IGMS) has the perfect mix of factors that could lead to better-than-expected earnings in its upcoming report. Be sure to have the key expectations in mind.

IGM Biosciences (IGMS) Upgraded to Buy: What Does It Mean for the Stock?
IGM Biosciences (IGMS) Upgraded to Buy: What Does It Mean for the Stock?
IGM Biosciences (IGMS) Upgraded to Buy: What Does It Mean for the Stock?
IGMS
Zacks Investment Research30 April 2024

IGM Biosciences (IGMS) has been upgraded to a Zacks Rank #2 (Buy), indicating increased confidence in the company's earnings potential. This could lead to a rise in the stock price in the short run.

IGM Biosciences, Inc. (IGMS) Reports Q4 Loss, Lags Revenue Estimates
IGM Biosciences, Inc. (IGMS) Reports Q4 Loss, Lags Revenue Estimates
IGM Biosciences, Inc. (IGMS) Reports Q4 Loss, Lags Revenue Estimates
IGMS
Zacks Investment Research07 March 2024

IGM Biosciences, Inc. (IGMS) came out with a quarterly loss of $1.01 per share versus the Zacks Consensus Estimate of a loss of $1.06. This compares to loss of $1.19 per share a year ago.

Wall Street Analysts Think IGM Biosciences, Inc. (IGMS) Could Surge 63.1%: Read This Before Placing a Bet
Wall Street Analysts Think IGM Biosciences, Inc. (IGMS) Could Surge 63.1%: Read This Before Placing a Bet
Wall Street Analysts Think IGM Biosciences, Inc. (IGMS) Could Surge 63.1%: Read This Before Placing a Bet
IGMS
Zacks Investment Research01 March 2024

The average of price targets set by Wall Street analysts indicates a potential upside of 63.1% in IGM Biosciences, Inc. (IGMS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe IGM Biosciences, Inc. (IGMS) Could Rally 35.08%: Here's is How to Trade
Wall Street Analysts Believe IGM Biosciences, Inc. (IGMS) Could Rally 35.08%: Here's is How to Trade
Wall Street Analysts Believe IGM Biosciences, Inc. (IGMS) Could Rally 35.08%: Here's is How to Trade
IGMS
Zacks Investment Research14 February 2024

The consensus price target hints at a 35.1% upside potential for IGM Biosciences, Inc. (IGMS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

IGM Bio (IGMS) Stock Rallies 142% in 3 Months: Here's Why
IGM Bio (IGMS) Stock Rallies 142% in 3 Months: Here's Why
IGM Bio (IGMS) Stock Rallies 142% in 3 Months: Here's Why
IGMS
Zacks Investment Research16 January 2024

IGM Bio (IGMS) stock surges 142% in the past three months on strategic reprioritization efforts to focus its resources on the development of pipeline candidates for cancer and autoimmune indications.

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FAQ

  • What is the primary business of IGM Biosciences?
  • What is the ticker symbol for IGM Biosciences?
  • Does IGM Biosciences pay dividends?
  • What sector is IGM Biosciences in?
  • What industry is IGM Biosciences in?
  • What country is IGM Biosciences based in?
  • When did IGM Biosciences go public?
  • Is IGM Biosciences in the S&P 500?
  • Is IGM Biosciences in the NASDAQ 100?
  • Is IGM Biosciences in the Dow Jones?
  • When was IGM Biosciences's last earnings report?
  • When does IGM Biosciences report earnings?
  • Should I buy IGM Biosciences stock now?

What is the primary business of IGM Biosciences?

IGM Biosciences, Inc. is an American biopharmaceutical company specializing in the discovery and development of new drugs based on the engineering of IgM antibodies (antibodies naturally produced by the human immune system) for the treatment of oncological diseases. The company has been in operation since 1993 and is based in Mountain View, California. Candidate drugs: IGM-2323 IgM antibody targeting T-cells for the treatment of patients with non-Hodgkin's lymphoma. IGM-8444 and IGM-7354 antibodies being investigated for the treatment of patients with solid and hematologic malignancies. The company has developed and patented its own technological platform for antibody engineering. Additionally, the company is conducting preclinical studies of drugs for the treatment of acute myeloid leukemia and multiple myeloma.

What is the ticker symbol for IGM Biosciences?

The ticker symbol for IGM Biosciences is NASDAQ:IGMS

Does IGM Biosciences pay dividends?

No, IGM Biosciences does not pay dividends

What sector is IGM Biosciences in?

IGM Biosciences is in the Healthcare sector

What industry is IGM Biosciences in?

IGM Biosciences is in the Biotechnology industry

What country is IGM Biosciences based in?

IGM Biosciences is headquartered in United States

When did IGM Biosciences go public?

IGM Biosciences's initial public offering (IPO) was on 18 September 2019

Is IGM Biosciences in the S&P 500?

No, IGM Biosciences is not included in the S&P 500 index

Is IGM Biosciences in the NASDAQ 100?

No, IGM Biosciences is not included in the NASDAQ 100 index

Is IGM Biosciences in the Dow Jones?

No, IGM Biosciences is not included in the Dow Jones index

When was IGM Biosciences's last earnings report?

IGM Biosciences's most recent earnings report was on 8 November 2024

When does IGM Biosciences report earnings?

The next expected earnings date for IGM Biosciences is 7 March 2025

Should I buy IGM Biosciences stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions