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Ionis Pharmaceuticals (IONS)
NASDAQ:IONS
Ionis Pharmaceuticals (IONS) Stock Price & Analysis
1,234 Followers
IONS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$34.99 - $54.44
Previous Close$40.16
Volume1.30M
Average Volume (3M)1.10M
Market Cap
$5.86B
Enterprise Value$3.78B
Total Cash (Recent Filing)$2.33B
Total Debt (Recent Filing)$257.04M
Price to Earnings (P/E)-15.1
Beta0.57
Next Earnings
Aug 07, 2024EPS Estimate
-$0.98Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.67
Shares Outstanding145,751,797
10 Day Avg. Volume1,002,685
30 Day Avg. Volume1,104,209
Standard Deviation0.09
R-Squared0.07
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)15.43
Price to Sales (P/S)7.43
Price to Cash Flow (P/CF)45.40
P/FCF Ratio31.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.33
Enterprise Value/Gross Profit4.86
Enterprise Value/Ebitda-12.37
Forecast
1Y Price Target
$58.69Price Target Upside48.70% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Ionis Pharmaceuticals News
Bulls Say, Bears Say
Bulls Say
Drug Development And ApprovalIonis's lead candidates could change the course of multiple rare diseases, indicating strong potential in the company's pipeline.
Financial OutlookWith multiple products launching in 2024-2025, Ionis is anticipated to reach cash-flow positivity in 2027.
Market PotentialThe market is undervaluing the SHTG market potential, which is expected to perform better than the PCSK9 market in high cholesterol.
Bears Say
Clinical Trial ConcernsInvestor confidence was eroded after a trial design modification suggested potential issues with the effectiveness of TTR silencers.
Drug Efficacy And SafetyConcerns have risen about market uptake and safety due to the requirement of monthly injections and observed dose-independent liver enzyme increases in patients.
Financial PerformanceWainua 1Q24 sales are $5M, below the $7M consensus, leading to lower royalties than expected.
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Ownership Overview
2.95% Insiders
38.07% Mutual Funds
21.63% Other Institutional Investors
37.36% 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 $34.98 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 Aug 07, 2024 which is in 89 days.
How were Ionis Pharmaceuticals’s earnings last quarter?
Ionis Pharmaceuticals released its earnings results on May 07, 2024. The company reported -$0.98 earnings per share for the quarter, beating the consensus estimate of -$1.033 by $0.053.
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 -$0.98.
How many shares outstanding does Ionis Pharmaceuticals have?
Ionis Pharmaceuticals has 145,845,860 shares outstanding.
What happened to Ionis Pharmaceuticals’s price movement after its last earnings report?
Ionis Pharmaceuticals reported an EPS of -$0.98 in its last earnings report, beating expectations of -$1.033. Following the earnings report the stock price went down -3.193%.
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 175M.
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Ionis Pharmaceuticals Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$58.69 (48.70% Upside)
$58.69 (48.70% Upside)
Blogger Sentiment
Bullish
IONS Sentiment 85%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 6.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $273.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 5.4%
Last 30 Days ▼ 5.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
14.15%
12-Months-Change
Fundamentals
Return on Equity
-98.20%
Trailing 12-Months
Asset Growth
-4.20%
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
Q1 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
$58.69
▲(48.70% Upside)
Technical Analysis
Best Analysts Covering IONS
1 Year
1 Year Success Rate
11/15 ratings generated profit
1 Year Average Return
+16.29%
initiated a buy rating 8 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 +16.29% per trade.
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