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Immunovant (IMVT)
NASDAQ:IMVT
Immunovant (IMVT) Stock Price & Analysis
701 Followers
IMVT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.53 - $45.58
Previous Close$28.86
Volume701.48K
Average Volume (3M)1.15M
Market Cap
$4.19B
Enterprise Value$3.92B
Total Cash (Recent Filing)$269.93M
Total Debt (Recent Filing)$614.00K
Price to Earnings (P/E)-15.8
Beta0.93
Next Earnings
Jul 01, 2024EPS Estimate
-$0.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.83
Shares Outstanding145,292,970
10 Day Avg. Volume1,093,403
30 Day Avg. Volume1,154,866
Standard Deviation0.24
R-Squared0.03
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)16.61
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-17.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-14.83
Forecast
1Y Price Target
$51.40Price Target Upside78.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Immunovant News
Bulls Say, Bears Say
Bulls Say
Competitive AdvantageImmunovant has a first-mover advantage in the thyroid/endocrine space with clear unmet needs for novel mechanisms of action.
Drug Development And Market PotentialManagement is bullish on the company's positioning in the FcRn/IgG space and future development of IMVT-1402 for best-in-class and first-in-class indications.
Financial PerformancePeak sales for IMVT-1402 could reach $4.4B with efficacy in line with advanced candidates, and there's an upside potential for $6.2B in peak sales pending best-in-class efficacy.
Bears Say
Clinical TrialsManagement highlighted concerns over potential risks associated with >85% IgG reduction, such as infection risk and stopping rules for trials.
Competitive PositionA pipeline competitor is expected to report potentially competitive data, which could pose a risk to Immunovant's market position.
Financial StabilityImmunovant has a significant annual cash burn rate, which may impact its financial stability in the absence of additional funding or revenues.
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Ownership Overview
58.47% Insiders
13.62% Mutual Funds
8.54% Other Institutional Investors
19.37% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IMVT FAQ
What was Immunovant’s price range in the past 12 months?
Immunovant lowest stock price was $17.53 and its highest was $45.58 in the past 12 months.
What is Immunovant’s market cap?
Currently, no data Available
When is Immunovant’s upcoming earnings report date?
Immunovant’s upcoming earnings report date is Jul 01, 2024 which is in 57 days.
How were Immunovant’s earnings last quarter?
Immunovant released its earnings results on Feb 12, 2024. The company reported -$0.289 earnings per share for the quarter, beating the consensus estimate of -$0.432 by $0.143.
Is Immunovant overvalued?
According to Wall Street analysts Immunovant’s price is currently Undervalued.
Does Immunovant pay dividends?
Immunovant does not currently pay dividends.
What is Immunovant’s EPS estimate?
Immunovant’s EPS estimate is -$0.43.
How many shares outstanding does Immunovant have?
Immunovant has 145,292,970 shares outstanding.
What happened to Immunovant’s price movement after its last earnings report?
Immunovant reported an EPS of -$0.289 in its last earnings report, beating expectations of -$0.432. Following the earnings report the stock price went up 3.352%.
Which hedge fund is a major shareholder of Immunovant?
Among the largest hedge funds holding Immunovant’s share is Perceptive Advisors LLC. It holds Immunovant’s shares valued at 98M.
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Immunovant Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$51.40 (78.10% Upside)
$51.40 (78.10% Upside)
Blogger Sentiment
Bullish
IMVT Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 2.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
49.92%
12-Months-Change
Fundamentals
Return on Equity
-44.51%
Trailing 12-Months
Asset Growth
55.94%
Trailing 12-Months
Company Description
Immunovant
Immunovant, Inc. is a clinical-stage biopharmaceutical company. It focuses on enabling normal lives for patients with autoimmune diseases. The company was founded in 2018 and is headquartered in New York, NY.
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IMVT Stock 12 Months Forecast
Average Price Target
$51.40
▲(78.10% Upside)
Technical Analysis
RAPT Therapeutics
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Kala Pharmaceuticals
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Adverum Biotechnologies
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Arvinas Holding Company
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Best Analysts Covering IMVT
1 Year
1 Year Success Rate
11/20 ratings generated profit
1 Year Average Return
+65.85%
reiterated a buy rating 3 months ago
Copying Thomas Smith's trades and holding each position for 1 Year would result in 55.00% of your transactions generating a profit, with an average return of +65.85% per trade.
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