|Bid||0.0000 x 1100|
|Ask||3.9400 x 3000|
|Day's Range||3.8400 - 3.9300|
|52 Week Range||2.1500 - 5.7800|
|Beta (3Y Monthly)||2.65|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
By John Vandermosten, CFA NASDAQ:VVUS Vivus, Inc. (NASDAQ:VVUS) announced the pay down of $48.6 million of its senior secured notes due 2024. The securities were yielding 10.375% and their early retirement is expected to save Vivus $10.5 million over the term of the loan. Vivus has held substantial cash on its balance sheet and now that they are close to operating free cash flow breakeven,
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
Vivus, Inc. (VVUS) released second quarter results on August 6, 2019 and provided an update of financial and operational results for the April to June period. During the three month interval the company achieved topline growth of 23%, launched online payments for Qsymia, assumed full responsibility for Pancreaze in Canada from Janssen and launched its Phase IV Qsymia study in adolescents. Following the end of the quarter, Vivus announced the approval of Qsymia in South Korea and disseminated results of a study illustrating the weight loss benefits of Qsymia used in conjunction with gastric sleeve surgery.
This most-searched list is a feature included in Benzinga Pro's Newsfeed tool. It highlights stocks frequently searched by Benzinga Pro users on the platform. iBio (NYSE: IBIO ) shares were down 14% to ...
Every investor in VIVUS, Inc. (NASDAQ:VVUS) should be aware of the most powerful shareholder groups. Generally...
The South Korean Ministry of Food and Drug Safety (MFDS) approved the drug as a safe and effective pharmaceutical. Vivus will receive a $2.5 million milestone from Alvogen as a result of the approval. Over the next several months, sales and marketing training will take place to prepare the salesforce to commercialize Qsymia.
If you're interested in VIVUS, Inc. (NASDAQ:VVUS), then you might want to consider its beta (a measure of share price...
On May 22nd, the FDA issued a letter to Vivus (VVUS) claiming that the company had made false or misleading claims and/or representations about the efficacy and risks of Qsymia. Based on observations by the Office of Prescription Drug Promotion (OPDP) of the FDA, it has found that the promotional material on the webpage violated the Federal Food, Drug and Cosmetic Act (FD&C Act) and is requesting that Vivus halt its violations. The OPDP requests that Vivus to submit a written response that the company intends to cease (remedy) the violations by June 7th, 2019, listing all promotional materials that include the cited violations along with a plan on how they discontinue their use.
We are initiating coverage of VIVUS, Inc. (VVUS) with a $10.00 price target based on our revenue forecasts for approved products. In addition to a portfolio of weight loss, exocrine pancreatic insufficiency (EPI) and erectile dysfunction (ED) solutions, Vivus maintains a development program for pulmonary arterial hypertension (PAH). Existing product Qsymia and recently acquired product Pancreaze are expected to be the main revenue drivers over the next several years.
On a per-share basis, the Campbell, California-based company said it had a loss of 75 cents. The biopharmaceutical company posted revenue of $16.1 million in the period. In the final minutes of trading ...
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Although many biotech stocks have been hit hard at the start of 2019 while the general market has rallied, this underperformance in the biotechnology space has presented at least two key benefits for investors looking to invest in the area. First, and perhaps the most obvious, is that being able to enter biotech stocks at a cheaper price -- assuming the companies are not fundamentally broken -- is much better than going in while the stocks are overpriced or in "rally mode". Second, in situations like this, companies' dividend yields go up. What all of this means is that despite the seemingly grim picture for biotech, there are actually several solid biotech dividend stocks to invest in now. The struggle is sifting through all the names and finding which of them are the best dividend stocks to invest in. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 F-Rated Stocks That Could Break Your Portfolio But don't worry, I've done the hard work for you. Below are three of the best biotech dividend stocks to buy now. Source: Shutterstock ### AbbVie (ABBV) AbbVie (NYSE:ABBV) trades at a modest price-to-earnings ratio of 21X, while shares yield 5.45%. Although short-term investors might be concerned that ABBV shares have been on a downtrend since topping in May 2018 at $122, there is still plenty of longer-term potential in ABBV to be hyped about. Much of the downside ABBV experienced occurred after its latest earnings report. AbbVie reported fourth-quarter adjusted profits that grew a solid 28% over last year; at $1.90 a share, the company achieved its guidance for the quarter. But the stock gave up around $10 a share, falling from $88 to around $78, after the report. Investors fretted over the 15% drop in international Humira sales. Biosimilar competition in Europe, which makes up 75% of its international Humira business, was expected. However, generic competition for its flagship drug does not concern ABBV management. It's likely that they're banking on a slew of new product releases in 2019 to offset the aggressive discounting from competitors. In fact, AbbVie is funding five major products for launch indications this year. This should drive revenue higher and lead to double-digit earnings-per-share growth for the company. All of which makes it one of the notable biotech dividend stocks to buy. Source: Everjean via Flickr ### Allergan (AGN) Allergan plc (NYSE:AGN) ended its last rally in October 2018, with AGN shares finally bottoming by the end of last year at around $130. The stock fell again from $160 to a recent price of $144 after reporting Q4 results. Right now, AGN shares will pay you a modest 2.1% dividend. And if the stock rebounds, the total return will be higher. The botox specialist reported $4.08 billion in revenue, down 5.7% from last year. Non-GAAP income fell 15.4% to $1.45 billion. Encouragingly, sales of Botox rose 9.4%, while the Juvederm collection, Lo Loestrin and Vraylar all rose in the double digits. Although these products are a smaller part of total revenue, it is enough for management to forecast revenue of $15 billion - $15.3 billion this year. * 7 Stocks That Won Super Bowl Sunday With management forecasting lighter results for the year, why should investors buy AGN stock for the dividends? The firm has six late-stage clinical programs, plans of one to two new product launches annually and the company has strong margins. It made $5.64 billion in operating cash flow last year. This is more than the $976 million it needs for the dividend. Source: Shutterstock ### Sanofi (SNY) After settling at around $42 at the start of 2019, Sanofi (NASDAQ:SNY) rallied steadily to close at around $43.45 recently. Now, at its 50-day simple moving average, shares have a dividend yield of 4.28%. Sanofi's underperformance is unusual. Other than trading at a slightly higher valuation at a P/E of 22X, the company did not report any negative news. If anything, the collaborations that this biotech firm has with Regeneron Pharmaceuticals (NASDAQ:REGN) should bolster investor confidence. Regeneron's Dupixent is becoming a blockbuster hit for treating Atopic Dermatitis. Alongside its efforts with REGN, SNY is also supplying the active ingredient of avanafil to Vivus (NASDAQ:VVUS). Another promising aspect bolstering the case for SNY stock is that on Jan. 23, the Food and Drug Administration approved the use of Sanofi's Fluzone in young children. When it reports earnings on Feb. 7, the company should not bring up any negative surprises. It should be consistent like Q3's report where the company reported sales growing 6.3% (at constant exchange rates). Its Bioverativ acquisition should continue to contribute meaningfully to sales. Looking ahead, an EMA decision in the first half of this year for its oncology drug Libtayo, plus an FDA action date of Feb. 6 for Cablivi, which treats a rare blood disorder, should keep investor confidence high. As of this writing, Chris Lau held shares of ABBV. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 F-Rated Stocks That Could Break Your Portfolio * 5 Fintech Stocks to Buy As This Mega Trend Gains Steam * 10 Cold Weather Stocks to Heat Up Your Returns Compare Brokers The post 3 Biotech Stocks That Pay Solid Dividends appeared first on InvestorPlace.
Although VIVUS (VVUS) is struggling with its legacy products, promotional initiatives and addition of cash-flow positive assets bode well for the company.
If you want to know who really controls VIVUS, Inc. (NASDAQ:VVUS), then you'll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions Read More...
Here's a roundup of top developments in the biotech space over the last 24 hours. No biotech stock hit 52-week high in Wednesday's session. Down In The Dumps (Biotech stocks hitting 52-week lows on Dec. ...
The Campbell, California-based company said it had a loss of 87 cents per share. The biopharmaceutical company posted revenue of $18.1 million in the period. In the final minutes of trading on Thursday, ...