BIIB - Biogen Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
236.63
+4.32 (+1.86%)
At close: 4:00PM EDT
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Previous Close232.31
Open232.00
Bid232.02 x 1000
Ask238.21 x 1000
Day's Range232.00 - 237.98
52 Week Range215.78 - 358.41
Volume1,688,983
Avg. Volume1,444,242
Market Cap43.646B
Beta (3Y Monthly)1.44
PE Ratio (TTM)8.82
EPS (TTM)26.83
Earnings DateOct 22, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est258.33
Trade prices are not sourced from all markets
  • 3 Biotech Stocks That Show The Good, The Bad and the Ugly Side of This Sector
    InvestorPlace

    3 Biotech Stocks That Show The Good, The Bad and the Ugly Side of This Sector

    On the stump, if there's one thing that both Republican and Democratic politicians have long claimed to support, it's lower drug prices. And when rumors start buzzing that the government may be about to intervene, then biotech stocks often get slammed…some fairly, and some not (as we'll see).That's just what happened in the past week.House Speaker Nancy Pelosi has a tougher proposal on her agenda than, say, President Trump. While the Trump administration is more interested in importing lower-priced versions of the drugs from Canada, Pelosi wants to apply direct pressure to pharmaceutical companies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSpecifically, Pelosi wants to allow the Dept. of Health & Human Services to negotiate prices for Medicare Part D drug plans directly with drug manufacturers. (That would, effectively, eject pharmacy benefit managers and insurance companies from the negotiating table.)Several biotech stocks have taken big hits on the regulatory rumors. Some of the Big Pharma crowd even showed up on the list of three-year lows last week! Let's review - because while some deserve to be sold, one big mover is actually on my Top 5 Stocks list for Breakthrough Stocks. * 7 Discount Retail Stocks to Buy for a Recession First we have Biogen (NASDAQ:BIIB), a potential target of Pelosi's proposal. With its famously pricey drug for spinal muscular atrophy, Spiranza, Biogen may well come into Democrats' crosshairs here. BIIB stock dropped sharply last Friday and again on Thursday.You may think that with pricing like $750,000 for your first year of Spiranza, Biogen would be printing money. But Spiranza just picked up a competitor from Novartis (NYSE:NVS). And below is the full picture on BIIB stock from my Portfolio Grader:While Biogen passes some of my profitability tests, it gets an F for Earnings Momentum, and Sales Growth is lackluster as well. Most concerning is the fact that BIIB stock got a D for its Quantitative Grade - my proprietary measure of institutional buying pressure.Regeneron Pharmaceuticals (NASDAQ:REGN) is looking even worse. The stock got off to a rough start this week, and while it's clawed back somewhat, it's still down 8% in the past month. For its part, Regeneron has a cholesterol drug (Praluent) that was so expensive that it eventually succumbed to pressure, reduced prices by 60%, and yet it still costs $5,850 a year.Here's REGN's Report Card:As you see above, Regeneron just does not measure up on Operating Margin Growth, Earnings Growth, Earnings Momentum or its Quantitative Grade.Then there's Repligen (NASDAQ:RGEN). While it may have a similar name and ticker, RGEN has much stronger fundamentals. Shares took an even bigger hit - but this is a much more interesting case.Repligen is a unique biotech: This company actually has no drugs of its own, but rather, its products are used in drug manufacturing.Repligen hit the biotechnology scene back in 1981, as it started to develop Protein A ligands to aid in the production of biologic treatments. The company has expanded rapidly since then, and was even named one of the Top 100 fastest-growing companies in the U.S. in 2018. Today, along with Protein A ligands, Repligen offers several products and solutions to enhance the production of biologic drugs.Strong demand for Repligen's biologic solutions was apparent in the company's second-quarter earnings report. The company reported 48% annual revenue growth and 121.4% annual earnings growth. Plus, second-quarter earnings of $0.31 per share crushed estimates for $0.25 per share by 24%.Given the strong second-quarter results, analysts have increased full-year 2019 forecasts in the past two months. Analysts are forecasting 32.9% annual earnings growth and 37.1% annual sales growth.This all makes for a very impressive Report Card on RGEN, as you see here:So, when this kind of stock drops as hard as RGEN just did, I view it as a chance to pick up shares at "bargain basement" prices for a great, long-term play. There's Something Else That Sets These Breakthrough Stocks ApartIf you take a look at RGEN stock, you'll notice its much smaller market cap of $4 billion, versus giant biotech stocks like BIIB and REGN with $30 billion (or more)!If you're a growth investor - and I certainly am; I've made my career this way - then you've got to look at elite small-caps like this. With growth statistics like RGEN's (and my other Breakthrough Stocks), the sky is the limit.RGEN is 4 on my list of Top 5 Stocks. To get my buy price - and the rest of the list - check out Breakthrough Stocks now. When you do, you'll learn all about my "Quantum A" system for identifying the best small-cap investments.Ultimately, spotting the right investment is simple. You buy when the company achieves a Quantum A …and you sell when it disappears.You don't fall in love. You certainly don't fall for hype. You may return to that stock someday - but with my system, you know exactly when it's time to take profits off the table.That's why I always say: There's no luck and very little skill behind my own success - just hard work. And the result: a proprietary system for picking the best investments of the day. It's made it easy to nab market-beating returns - for double your money (or better).I'm eager to show you what my system is picking up now. Click here to find out more.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post 3 Biotech Stocks That Show The Good, The Bad and the Ugly Side of This Sector appeared first on InvestorPlace.

  • Biogen Scraps 2 More Studies In Alzheimer's Disease — And Shares Pop
    Investor's Business Daily

    Biogen Scraps 2 More Studies In Alzheimer's Disease — And Shares Pop

    Biogen stock popped in relief Friday after the biotech company scrapped several tests in Alzheimer's treatment for a drug known as elenbecestat. It was being developed with Japan's Eisai.

  • Biogen, Eisai halt work on second of 3 clinical-stage Alzheimer's drugs
    American City Business Journals

    Biogen, Eisai halt work on second of 3 clinical-stage Alzheimer's drugs

    Biogen and its development partner Eisai Inc. announced Friday they have halted work on one of their remaining treatments due to what they said is a poor risk-benefit outlook.

  • Reuters

    UPDATE 2-Biogen scraps two late-stage trials for Alzheimer's treatment

    Biogen Inc and Eisai Co Ltd are abandoning two late-stage trials for their Alzheimer's treatment in a widely anticipated move that comes months after the companies scrapped trials of another drug for the memory-robbing disease. The companies said on Friday the decision was based on the results of a review conducted by a data safety monitoring board, which recommended discontinuing the trials as benefits from the treatment, elenbecestat, did not outweigh its risks. Shares of Biogen were up 2.3% at $237.60 as some analysts said ending the trial would save the company costs associated with running it through its completion.

  • What September Doldrums? Here's Why Stocks Are Moving Higher
    Zacks

    What September Doldrums? Here's Why Stocks Are Moving Higher

    From ECB stimulus to trade optimism, all are helping stocks eke out gains. And let's admit that recession may be coming, but it isn't around the corner.

  • MarketWatch

    Biogen's stock falls after co. and Eisai to discontinue late-stage trial of Alzheimer's treatment

    Shares of Biogen Inc. fell 1.6% in premarket trading Friday, after the the biotechnology company and Tokyo-based Eisai Co. Ltd. said they will discontinue the phase 3 trial of an Alzheimer's disease (AD) treatment, citing data showing an unfavorable risk-benefit ratio. The decision was made after the Data Safety Monitoring Board's recommendation to discontinue the trials. The trial on the investigational oral beta amyloid cleaving enyzme (BACE) inhibitor elenbecestat in patients with early AD. The companies said as part of the decision to discontinue the phase 3 trial, the long-term extension of the phase 2 trial of elenbecestat will also be discontinued. Biogen's stock has dropped 22.8% year to date through Thursday and the U.S.-listed shares of Eisai have tumbled 34.6%, while the S&P 500 has gained 20.1%.

  • PR Newswire

    Eisai And Biogen To Discontinue Phase III Clinical Studies Of BACE Inhibitor Elenbecestat In Early Alzheimer's Disease

    WOODCLIFF LAKE, N.J., Sept. 13, 2019 /PRNewswire/ -- Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, "Eisai") and Biogen Inc. (Nasdaq: BIIB, Corporate headquarters: Cambridge, Massachusetts, CEO: Michel Vounatsos, "Biogen") today announced the decision to discontinue the Phase III clinical studies (MISSION AD1, AD2) on the investigational oral BACE (beta amyloid cleaving enzyme) inhibitor elenbecestat (development code: E2609) in patients with early Alzheimer's disease (AD). The decision is based on the results of a safety review conducted by the Data Safety Monitoring Board (DSMB), which recommended to discontinue these trials due to unfavorable risk-benefit ratio. Detailed data of these studies will be presented at future medical meetings.

  • Top 5 ROE Stocks to Profit as Sino-US Trade Tensions Abate
    Zacks

    Top 5 ROE Stocks to Profit as Sino-US Trade Tensions Abate

    ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.

  • TheStreet.com

    Biogen Rises After Canceling Two Late-Stage Alzheimer's Trials

    Results of a safety review convinces Biogen to shut down the trials of its experimental Alzheimer's treatment.

  • Does Biogen Inc.'s (NASDAQ:BIIB) CEO Pay Matter?
    Simply Wall St.

    Does Biogen Inc.'s (NASDAQ:BIIB) CEO Pay Matter?

    Michel Vounatsos became the CEO of Biogen Inc. (NASDAQ:BIIB) in 2017. First, this article will compare CEO...

  • GlobeNewswire

    New Research Demonstrate Biogen’s Continued Commitment to Improve Care of Patients with Multiple Sclerosis Across Treatment Spectrum

    Data highlight benefits of TYSABRI® (natalizumab) treatment in early multiple sclerosis for achieving NEDA (no evidence of disease activity) and improving disability and.

  • Benzinga

    The Daily Biotech Pulse: Lexicon Snaps Sanofi Diabetes Partnership With $260M Settlement, Celyad Offering, Multiple Sclerosis Conference Gets Underway

    Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling The Peaks (Biotech stocks hitting 52-week highs on Sept. 10) Ardelyx Inc (NASDAQ: ARDX ) Avedro Inc (NASDAQ: AVDR ...

  • GlobeNewswire

    New Data Presented at ECTRIMS Reinforce Long-term Benefits of TECFIDERA® (dimethyl fumarate) Over 10 Years

    Biogen Inc. (BIIB) announced new data to support the consistent, long-term benefits of treatment with TECFIDERA® (dimethyl fumarate) over 10 years, as well as additional diroximel fumarate data that further characterize the tolerability profile of this investigational oral fumarate for relapsing multiple sclerosis (MS). “Biogen’s new data underscore TECFIDERA’s role as a meaningful long-term therapy option for relapsing MS, with many patients in the study experiencing no relapses or progression in their disability over a 10-year period,” said Alfred Sandrock, Jr., M.D., Ph.D., executive vice president and chief medical officer at Biogen.

  • Amgen's KRAS Inhibitor Shows Response in Larger NSCLC Group
    Zacks

    Amgen's KRAS Inhibitor Shows Response in Larger NSCLC Group

    Amgen's (AMGN) novel investigational KRAS inhibitor, AMG 510, for solid tumor shows anti-tumor activity in a larger group of NSCLC patients.

  • GuruFocus.com

    Stocks That Fell to 3-Year Lows in the Week of Sept. 6

    Biogen Inc. (BIIB), Regeneron Pharmaceuticals Inc. (REGN), Canon Inc. (CAJ) and Annaly Capital Management Inc. (NLY) have declined to their respective three-year lows Continue reading...

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    GuruFocus.com

    6 Stocks With Low Price-Sales Ratios

    FedEx tops the list Continue reading...

  • 5 Price-to-Book Value Picks for September
    Zacks

    5 Price-to-Book Value Picks for September

    P/B ratio is emerging as a convenient tool for identifying low-priced stocks that have high growth prospects.

  • Biotech vet George Scangos steers new company toward nine-figure IPO
    American City Business Journals

    Biotech vet George Scangos steers new company toward nine-figure IPO

    The CEO who built Exelixis and reshaped Biogen now wants to lead a nine-figure IPO for San Francisco's Vir Bio.

  • Novartis Inks Commercialization Deal for Tysabri Biosimilar
    Zacks

    Novartis Inks Commercialization Deal for Tysabri Biosimilar

    Novartis' (NVS) generics unit, Sandoz, inks deal with Polpharma Biologics for a proposed natalizumab biosimilar for the treatment of RRMS.

  • Better Buy: Gilead Sciences vs. Biogen
    Motley Fool

    Better Buy: Gilead Sciences vs. Biogen

    Which stock wins in a battle between these two big biotechs?

  • Novartis' (NVS) MS Drug Achieves Goals in Late-Stage Studies
    Zacks

    Novartis' (NVS) MS Drug Achieves Goals in Late-Stage Studies

    Novartis (NVS) MS drug meets primary and secondary endpoints in late-stage studies.

  • Ionis (IONS) Out-licenses Hepatitis B Virus Program to Glaxo
    Zacks

    Ionis (IONS) Out-licenses Hepatitis B Virus Program to Glaxo

    Ionis (IONS) out-licenses antisense medicines to Glaxo for treating chronic hepatitis B virus infection. Glaxo exercises its option to in-license the same. Shares fall.

  • 5 ROE Stocks to Profit as Trade War Flip-Flops Rattle Market
    Zacks

    5 ROE Stocks to Profit as Trade War Flip-Flops Rattle Market

    ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.

  • Better Buy: Biogen vs. Celgene
    Motley Fool

    Better Buy: Biogen vs. Celgene

    Which stock wins in a match-up between these two biotechs?

  • GuruFocus.com

    Stocks That Fell to 3-Year Lows in the Week of Aug. 23

    Exxon Mobil Corp, Schlumberger Ltd., Biogen Inc. and Honda Motor Co. Ltd. have declined to their respective 3-year lows Continue reading...