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Halozyme Therapeutics (HALO)
NASDAQ:HALO
Halozyme (HALO) Stock Price & Analysis
786 Followers
HALO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.85 - $45.00
Previous Close$38.97
Volume620.52K
Average Volume (3M)1.04M
Market Cap
$4.95B
Enterprise Value$6.11B
Total Cash (Recent Filing)$336.00M
Total Debt (Recent Filing)$1.50B
Price to Earnings (P/E)18.5
Beta0.89
Next Earnings
May 07, 2024EPS Estimate
$0.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.11
Shares Outstanding126,824,800
10 Day Avg. Volume875,055
30 Day Avg. Volume1,041,818
Standard Deviation0.13
R-Squared0.27
Alpha0.00841
Financial Highlights & Ratios
Price to Book (P/B)-6.09
Price to Sales (P/S)21.48
Price to Cash Flow (P/CF)12.00
P/FCF Ratio11.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.37
Enterprise Value/Gross Profit9.60
Enterprise Value/Ebitda13.50
Forecast
1Y Price Target
$51.43Price Target Upside31.47% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Halozyme News
Bulls Say, Bears Say
Bulls Say
Financial GrowthHalozyme's detailed five-year financial guidance shows significant growth prospects, with projected total revenues reaching $1,565-1,690 million by 2028, underpinned by strong patent protections and a growing portfolio.
Market ExpansionThe Enhanze technology has the potential to capture a substantial share of the $41.7 billion annual U.S. infusion therapy market by converting intravenous drugs to more convenient subcutaneous administrations.
Product DevelopmentThe introduction of a subcutaneous version of OCREVUS with a quick 10-minute injection time could revolutionize treatment by significantly reducing the hours-long infusion time required for the IV formulation.
Bears Say
Commercial RiskRisks include commercial risk with respect to Enhanze, particularly in the multiple myeloma indication.
Financial PerformanceAnalyst lowers 12-month price target to $48 from the prior $61 per share, despite maintaining a Buy rating.
Revenue ForecastProduct Revenue forecasts for the year have been slightly lowered to align with the company's full-year guidance range.
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Ownership Overview
18.45% Insiders
34.79% Mutual Funds
29.48% Other Institutional Investors
17.28% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HALO FAQ
What was Halozyme Therapeutics’s price range in the past 12 months?
Halozyme Therapeutics lowest stock price was $29.85 and its highest was $45.00 in the past 12 months.
What is Halozyme Therapeutics’s market cap?
Currently, no data Available
When is Halozyme Therapeutics’s upcoming earnings report date?
Halozyme Therapeutics’s upcoming earnings report date is May 07, 2024 which is in 12 days.
How were Halozyme Therapeutics’s earnings last quarter?
Halozyme Therapeutics released its earnings results on Feb 20, 2024. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.799 by $0.021.
Is Halozyme Therapeutics overvalued?
According to Wall Street analysts Halozyme Therapeutics’s price is currently Undervalued.
Does Halozyme Therapeutics pay dividends?
Halozyme Therapeutics does not currently pay dividends.
What is Halozyme Therapeutics’s EPS estimate?
Halozyme Therapeutics’s EPS estimate is $0.69.
How many shares outstanding does Halozyme Therapeutics have?
Halozyme Therapeutics has 127,054,240 shares outstanding.
What happened to Halozyme Therapeutics’s price movement after its last earnings report?
Halozyme Therapeutics reported an EPS of $0.82 in its last earnings report, beating expectations of $0.799. Following the earnings report the stock price went up 6.556%.
Which hedge fund is a major shareholder of Halozyme Therapeutics?
Among the largest hedge funds holding Halozyme Therapeutics’s share is Driehaus Capital Management LLC. It holds Halozyme Therapeutics’s shares valued at 12M.
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Halozyme Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$51.43 (31.47% Upside)
$51.43 (31.47% Upside)
Blogger Sentiment
Bullish
HALO Sentiment 87%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 205.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $130.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.71%
12-Months-Change
Fundamentals
Return on Equity
222.07%
Trailing 12-Months
Asset Growth
-5.88%
Trailing 12-Months
Company Description
Halozyme Therapeutics
Halozyme Therapeutics, Inc. is a biopharmaceutical company, which engages in research, development & commercialization of human enzymes and drug candidates. It focuses on novel oncology therapies that target the tumor microenvironment. Its products include PEGPH20, HTI-1511, PEG-ADA2, and HYLENEX recombinant. The company was founded by Gregory Ian Frost on February 26, 1998 and is headquartered in San Diego, CA.
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HALO Company Deck
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HALO Earnings Call
Q4 2024
0:00 / 0:00
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HALO Revenue Breakdown
54.01% Royalties
36.28% Product sales
9.71% Revenues under collaborative agreements
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HALO Stock 12 Months Forecast
Average Price Target
$51.43
▲(31.47% Upside)
Technical Analysis
Best Analysts Covering HALO
1 Year
1 Year Success Rate
9/11 ratings generated profit
1 Year Average Return
+36.13%
reiterated a buy rating 2 months ago
Copying Joseph Catanzaro's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +36.13% per trade.
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