Shares of Regeneron Pharmaceuticals Inc (NASDAQ:REGN) have earned a consensus rating of “Hold” from the thirty analysts that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $458.12.
Several equities analysts have weighed in on the company. Guggenheim reaffirmed a “buy” rating and issued a $540.00 price objective on shares of Regeneron Pharmaceuticals in a report on Monday, October 23rd. Citigroup reaffirmed a “buy” rating and issued a $480.00 price objective on shares of Regeneron Pharmaceuticals in a report on Thursday, November 9th. BMO Capital Markets dropped their price objective on Regeneron Pharmaceuticals from $491.00 to $479.00 and set a “market perform” rating for the company in a report on Thursday, November 9th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $540.00 price objective on shares of Regeneron Pharmaceuticals in a report on Monday, November 13th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $425.00 price objective (down from $473.00) on shares of Regeneron Pharmaceuticals in a report on Thursday, November 9th.
In other Regeneron Pharmaceuticals news, Director Joseph L. Goldstein sold 1,000 shares of the company’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $325.60, for a total value of $325,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.80% of the stock is owned by corporate insiders.
A number of institutional investors and hedge funds have recently modified their holdings of REGN. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of Regeneron Pharmaceuticals by 16.1% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 65,862 shares of the biopharmaceutical company’s stock valued at $24,761,000 after buying an additional 9,157 shares during the last quarter. Pin Oak Investment Advisors Inc. bought a new stake in shares of Regeneron Pharmaceuticals in the 4th quarter valued at about $152,000. Compagnie Lombard Odier SCmA bought a new stake in shares of Regeneron Pharmaceuticals in the 4th quarter valued at about $561,000. Slow Capital Inc. bought a new stake in shares of Regeneron Pharmaceuticals in the 4th quarter valued at about $555,000. Finally, Halsey Associates Inc. CT grew its position in shares of Regeneron Pharmaceuticals by 8.4% in the 4th quarter. Halsey Associates Inc. CT now owns 16,347 shares of the biopharmaceutical company’s stock valued at $6,146,000 after buying an additional 1,266 shares during the last quarter. 64.67% of the stock is owned by institutional investors and hedge funds.
Shares of Regeneron Pharmaceuticals (NASDAQ:REGN) traded down $9.11 during midday trading on Tuesday, reaching $323.04. The company’s stock had a trading volume of 822,556 shares, compared to its average volume of 1,140,000. The firm has a market cap of $34,710.00, a PE ratio of 31.30, a PEG ratio of 1.04 and a beta of 1.47. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.82 and a quick ratio of 3.18. Regeneron Pharmaceuticals has a 52-week low of $313.53 and a 52-week high of $543.55.
Regeneron Pharmaceuticals (NASDAQ:REGN) last announced its quarterly earnings data on Thursday, February 8th. The biopharmaceutical company reported $5.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.18 by $1.05. The firm had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Regeneron Pharmaceuticals had a return on equity of 28.48% and a net margin of 20.41%. The company’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.04 EPS. equities research analysts expect that Regeneron Pharmaceuticals will post 19.2 earnings per share for the current fiscal year.
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Regeneron Pharmaceuticals Company Profile
Regeneron Pharmaceuticals, Inc is a biopharmaceutical company that discovers, invents, develops, manufactures and commercializes medicines for the treatment of serious medical conditions. The Company commercializes medicines for eye diseases, high low-density lipoprotein (LDL) cholesterol, and an inflammatory condition and have product candidates in development in other areas, including rheumatoid arthritis, asthma, atopic dermatitis, pain, cancer, and infectious diseases.
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