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IGM Biosciences Inc (IGMS)
NASDAQ:IGMS
IGMS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.26 - $22.50
Previous CloseN/A
Volume43.44K
Average Volume (3M)712.84K
Market Cap
$82.66M
Enterprise Value$830.16M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta2.24
Next Earnings
Mar 27, 2025EPS Estimate
-0.71Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.65
Shares Outstanding34,077,198
10 Day Avg. Volume303,596
30 Day Avg. Volume712,835
Standard Deviation0.31
R-Squared0.00
Alpha-0.00031
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)30.98
Price to Cash Flow (P/CF)-0.60
P/FCF Ratio0.00
Enterprise Value/Market Cap10.04
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-135.05
Enterprise Value/Ebitda-3.67
Forecast
1Y Price Target
$2.16Price Target Upside55.40% Upside
Rating ConsensusHold
Number of Analyst Covering10
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IGM Biosciences News
PremiumCompany Announcements
IGM Biosciences Halts Antibody Therapies, Cuts Workforce
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Bulls Say, Bears Say
Bulls Say
Business PrioritiesThe collaboration with SNY on IgM agonist antibodies against inflammatory and autoimmune targets remains a top business priority and is making progress.
Strategic CollaborationThe ongoing collaboration with Sanofi on a different IGM molecule is still active and may generate potential future milestones or royalties.
Strategic EvaluationThe company is evaluating internal and external opportunities to maximize value for shareholders and keep strategic options open.
Bears Say
Clinical Program DiscontinuationThe company discontinued all clinical development of its autoimmune franchise due to insufficient efficacy in meeting the required benchmarks.
Stock DowngradeThe decision to discontinue all further development of IgM-based T cell engager programs in autoimmune diseases has led to a downgrade of IGMS shares to Hold-rated.
Workforce ReductionA significant reduction in workforce by 73% was implemented to preserve cash resources.
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Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
IGMS FAQ
What was IGM Biosciences Inc’s price range in the past 12 months?
IGM Biosciences Inc lowest stock price was $1.26 and its highest was $22.50 in the past 12 months.
What is IGM Biosciences Inc’s market cap?
IGM Biosciences Inc’s market cap is $82.66M.
When is IGM Biosciences Inc’s upcoming earnings report date?
IGM Biosciences Inc’s upcoming earnings report date is Mar 27, 2025 which is in 33 days.
How were IGM Biosciences Inc’s earnings last quarter?
IGM Biosciences Inc released its earnings results on Nov 08, 2024. The company reported -$1.01 earnings per share for the quarter, missing the consensus estimate of -$0.8 by -$0.21.
Is IGM Biosciences Inc overvalued?
According to Wall Street analysts IGM Biosciences Inc’s price is currently Undervalued.
Does IGM Biosciences Inc pay dividends?
IGM Biosciences Inc does not currently pay dividends.
What is IGM Biosciences Inc’s EPS estimate?
IGM Biosciences Inc’s EPS estimate is -0.71.
How many shares outstanding does IGM Biosciences Inc have?
IGM Biosciences Inc has 34,077,198 shares outstanding.
What happened to IGM Biosciences Inc’s price movement after its last earnings report?
IGM Biosciences Inc reported an EPS of -$1.01 in its last earnings report, missing expectations of -$0.8. Following the earnings report the stock price went down -9.325%.
Which hedge fund is a major shareholder of IGM Biosciences Inc?
Currently, no hedge funds are holding shares in IGMS
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IGM Biosciences Stock Smart Score
Underperform
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10
Analyst Consensus
Hold
Average Price Target:
$2.16 (55.40% Upside)
$2.16 (55.40% Upside)
Blogger Sentiment
Bearish
IGMS Sentiment 100%
Sector Average 71%
Sector Average 71%
Insider Transactions
Sold Shares
Worth $39.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 13.5%
Last 30 Days ▼ 13.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-91.35%
12-Months-Change
Fundamentals
Return on Equity
-132.11%
Trailing 12-Months
Asset Growth
-35.81%
Trailing 12-Months
Company Description
IGM Biosciences Inc
IGM Biosciences, Inc. operates as a biotechnology company which develops antibodies for the treatment of cancer. It offers IgM platform to expand upon the inherent properties of IgM antibodies and to allow for the rapid development of engineered therapeutic antibodies. The company was founded in 2010 and is headquartered in Mountain View, CA.
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IGMS Stock 12 Month Forecast
Average Price Target
$2.16
▲(55.40% Upside)
Technical Analysis
Best Analysts Covering IGMS
1 Year
1 Year Success Rate
2/2 ratings generated profit
1 Year Average Return
+32.45%
downgraded a sell rating last month
Copying Michael Ulz's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +32.45% per trade.
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