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Ionis Pharmaceuticals (IONS)
NASDAQ:IONS
Holding IONS?
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IONS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$35.95 - $54.44
Previous Close$42.36
Volume1.53M
Average Volume (3M)1.61M
Market Cap
$6.68B
Enterprise Value$4.81B
Total Cash (Recent Filing)$2.08B
Total Debt (Recent Filing)$210.86M
Price to Earnings (P/E)―
Beta0.61
Next Earnings
Oct 31, 2024EPS Estimate
-$1.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.53
Shares Outstanding146,211,091
10 Day Avg. Volume2,988,323
30 Day Avg. Volume1,614,551
Standard Deviation0.09
R-Squared0.05
Alpha-0.00543
Financial Highlights & Ratios
Price to Book (P/B)23.53
Price to Sales (P/S)7.46
Price to Cash Flow (P/CF)-12.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.92
Enterprise Value/Gross Profit6.18
Enterprise Value/Ebitda-17.48
Forecast
1Y Price Target
$61.53Price Target Upside43.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Ionis Pharmaceuticals News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRevenue of $225mm beat consensus estimates, primarily driven by R&D revenue.
PartnershipsThe AZN/IONS partnership could mean combo studies where sudden cardiac improvements are expected.
Pipeline And ApprovalsLate-stage pipeline appears very promising, with key approvals expected that can capture significant market share.
Bears Say
Clinical TrialsIONS announced discontinuation of IONIS-FB-LRx for geographic atrophy (GA) and ION541 for amyotrophic lateral sclerosis (ALS) as both assets demonstrated insufficient efficacy to advance into Phase 3.
Financial PerformanceUpdating the model for the offering reduces the price target from $62 to $56.
Pipeline ManagementIONS has advanced too many promising drugs that inevitably reduce focus, consume resources, and increase ambiguity around the size/fate of each opportunity.
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Ownership Overview
2.75% Insiders
37.14% Mutual Funds
47.70% Other Institutional Investors
12.41% 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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IONS FAQ
What was Ionis Pharmaceuticals’s price range in the past 12 months?
Ionis Pharmaceuticals lowest stock price was $35.95 and its highest was $54.44 in the past 12 months.
What is Ionis Pharmaceuticals’s market cap?
Currently, no data Available
When is Ionis Pharmaceuticals’s upcoming earnings report date?
Ionis Pharmaceuticals’s upcoming earnings report date is Oct 31, 2024 which is in 42 days.
How were Ionis Pharmaceuticals’s earnings last quarter?
Ionis Pharmaceuticals released its earnings results on Aug 01, 2024. The company reported -$0.45 earnings per share for the quarter, beating the consensus estimate of -$0.925 by $0.475.
Is Ionis Pharmaceuticals overvalued?
According to Wall Street analysts Ionis Pharmaceuticals’s price is currently Undervalued.
Does Ionis Pharmaceuticals pay dividends?
Ionis Pharmaceuticals does not currently pay dividends.
What is Ionis Pharmaceuticals’s EPS estimate?
Ionis Pharmaceuticals’s EPS estimate is -$1.11.
How many shares outstanding does Ionis Pharmaceuticals have?
Ionis Pharmaceuticals has 157,711,090 shares outstanding.
What happened to Ionis Pharmaceuticals’s price movement after its last earnings report?
Ionis Pharmaceuticals reported an EPS of -$0.45 in its last earnings report, beating expectations of -$0.925. Following the earnings report the stock price went up 3.761%.
Which hedge fund is a major shareholder of Ionis Pharmaceuticals?
Among the largest hedge funds holding Ionis Pharmaceuticals’s share is Tweedy Browne CO LLC. It holds Ionis Pharmaceuticals’s shares valued at 165M.
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Ionis Pharmaceuticals Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$61.53 (43.96% Upside)
$61.53 (43.96% Upside)
Blogger Sentiment
Bullish
IONS Sentiment 80%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 799.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $644.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.32%
12-Months-Change
Fundamentals
Return on Equity
-105.63%
Trailing 12-Months
Asset Growth
-9.42%
Trailing 12-Months
Company Description
Ionis Pharmaceuticals
Ionis Pharmaceuticals, Inc. engages in the development and commercialization of human therapeutic drugs using antisense technology. It operates through the Ionis Core and Akcea Therapeutics segments. The Ionis Core segment exploits a novel drug discovery platform to generate a pipeline of drugs. The Akcea Therapeutics segment develops and commercializes drugs for cardiometabolic diseases. The company was founded by Stanley T. Crooke, David J. Ecker, Christopher K. Mirabelli and Brett P. Monia in 1989 and is headquartered in Carlsbad, CA.
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IONS Company Deck
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IONS Earnings Call
Q2 2024
0:00 / 0:00
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IONS Revenue Breakdown
60.82% R&D
39.18% Commercial
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IONS Stock 12 Month Forecast
Average Price Target
$61.53
▲(43.96% Upside)
Technical Analysis
Best Analysts Covering IONS
1 Year
1 Year Success Rate
11/15 ratings generated profit
1 Year Average Return
+16.61%
initiated a buy rating 12 months ago
Copying Gary Nachman's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +16.61% per trade.
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