BIIB - Biogen Inc.
301.45 0.00 (0.00%)
After hours: 4:43PM EDT
Chart Events
Momentum
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 307.09 |
| Open | 305.72 |
| Bid | 298.01 x 1100 |
| Ask | 304.00 x 1100 |
| Day's Range | 300.70 - 306.95 |
| 52 Week Range | 215.78 - 374.99 |
| Volume | 862,938 |
| Avg. Volume | 2,017,898 |
| Market Cap | 49.193B |
| Beta (5Y Monthly) | 0.51 |
| PE Ratio (TTM) | 9.30 |
| EPS (TTM) | 32.40 |
| Earnings Date | Jul 21, 2020 - Jul 27, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 318.07 |
Fair Value
Related Research
- Zacks
Cooper Companies (COO) to Post Q2 Earnings: What's in Store?
Cooper Companies' (COO) fiscal second-quarter performance is likely to reflect better-than-expected performance at CVI and CSI.
- Zacks
Veeva Systems (VEEV) Q1 Earnings and Revenues Beat Estimates
Veeva Systems' (VEEV) core Subscription business segment performed impressively in Q1.
- GlobeNewswire
Vir Biotechnology and Biogen Execute Agreement to Manufacture SARS-CoV-2 Antibodies for Potential COVID-19 Treatment
Vir Biotechnology, Inc. (VIR) today announced that is has finalized a process development and manufacturing agreement with Biogen Inc. (BIIB) based on the letter of intent that the companies announced in March. Under the agreement Biogen will perform process development activities and specified manufacturing and process transfer services to enable commercial supply of Vir’s SARS-CoV-2 monoclonal antibodies.
- Investor's Business Daily
Is Biogen Stock A Buy Following An Unexpected Alzheimer's Drug Delay?
Biogen is joining the hunt for a coronavirus treatment with Vir Biotechnology. Further, the company is still working on an Alzheimer's drug. So, is now the time to buy Biogen stock?
- GlobeNewswire
Biogen and MIT Launch New Virtual Learning Lab for High School Students Historically Underrepresented in Science
The online learning program combines lab simulations and mentoring experiences focused on biotechnology and neurological diseases, such as Parkinson’s disease, Alzheimer’s.
- Insider Monkey
Hedge Funds Are Betting On Biogen Inc. (BIIB)
In this article you are going to find out whether hedge funds think Biogen Inc. (NASDAQ:BIIB) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]
- Simply Wall St.
An Intrinsic Calculation For Biogen Inc. (NASDAQ:BIIB) Suggests It's 24% Undervalued
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Biogen Inc...
- Zacks
Veeva Systems (VEEV) to Post Q1 Earnings: What's in Store?
Veeva Systems' (VEEV) fiscal first-quarter results are likely to reflect solid show by its segments and robust product portfolio.
- Motley Fool
Better Buy: Biogen vs. Axsome Therapeutics
One biotech has been big long-time winner, the other is a promising up-and-comer with no revenue -- yet. But picking an investment is always a bet on the future.
- GuruFocus.com
Richard Snow Buys Into Tyson and Reduces Dow in 1st Quarter
Guru's top buys and sells Continue reading...
- InvestorPlace
7 Top-Rated Biotech Stocks to Buy on the Hunt for a Vaccine
The novel coronavirus pandemic has wreaked havoc on markets, and just when stocks are into recovery mode, we have the specter of a recession to reckon with. If not an outright depression. That's going to cause challenges for many sectors. However, if there's a bright spot in all this, it's biotech stocks.With the scramble for viral and antibody testing kits, and the ultimate goal of finding a vaccine for Covid-19, many biotech companies are suddenly in the spotlight. Even those that aren't directly working on a Covid-related solution look more attractive. Besides the entire industry getting more attention than usual, investors know they're less at risk of a consumer spending crunch that could hit tech companies like Apple (NASDAQ:AAPL). * 10 of the Best Long-Term Stocks to Buy in This Bear Market With that lead-up, here are seven biotech stocks that are positioned to pay off nicely.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Co-Diagnostics (NASDAQ:CODX) * iBioPharma (NYSE:IBIO) * Moderna (NASDAQ:MRNA) * Biogen (NASDAQ:BIIB) * Gilead Sciences (NASDAQ:GLID) * Vertex Pharmaceuticals (NASDAQ:VRTX) * Inovio (NASDAQ:INO)Some have seen their share price explode this year based on their Covid-19 involvement. Even so, that would just be the start should their research pay off. Biotech Stocks to Buy: Co-Diagnostics (CODX)Source: Shutterstock You may have read my recent overview of Co-Diagnostics. This Utah-based biotech company has posted amazing growth in 2020 on the strength of its Logix Smart Covid-19 test kit. Doctors quickly learned that symptoms aren't a reliable way to determine if someone is infected with Covid-19. Accurate and fast testing for Covid-19 infections is critical to determining whether someone needs to be isolated and/or hospitalized for treatment. As the country begins to re-open, testing becomes even more critical as medical authorities monitor for potential second waves of the pandemic. Looking into the future, testing is still going to be important for years -- even if a vaccine is developed.Co-Diagnostics is one of the leading providers of Covid-19 test kits, and it's selling them to states faster than it can make them. That's over 6 million to date, with production going full blast to manufacture another 20 million tests just to keep up with current and short-term demand. CODX stock is up over 1,900% to this point in 2020, with no signs of running out of steam. iBioPharma (IBIO)Source: Shutterstock IBIO is one of the companies on the cutting edge of Covid-19 vaccine research. On March 26, the company announced its IBIO-200 vaccine candidate was being fast-tracked to pre-clinical immunization studies at Texas A&M University System's ("TAMUS") laboratories. * 7 Sluggish Stocks Hit Hard by Coronavirus This Earnings Season On April 27, the company announced the impressive scale of its manufacturing capability, should its vaccine prove to be effective:"If our own proprietary SARS-CoV-2 Virus-Like Particle ("VLP") program, IBIO-200, results in an approved vaccine, we estimate that we could make about 500 million doses of high-quality product annually at our Texas facility, depending upon the potency we see in the clinic."IBIO shares are up over 1,200% so far in 2020, but that would be a drop in the bucket should its IBIO-200 vaccine succeed. Moderna (MRNA)Source: Shutterstock Moderna is another play on the race for a Covid-19 vaccine. The American biotech company has been focused on mRNA therapy -- modifying the body's RNA to treat conditions including cancer, cardiovascular disease and infectious diseases.That is exciting in itself, but it's the infectious diseases angle that has investors watching closely. Moderna's mRNA-1273 is a candidate as a Covid-19 vaccine, and it has potential. On May 18, the company announced positive results for Phase 1 testing of the vaccine, led by the National Institute of Health. These trials showed the subjects had antibody levels at or above levels measured in recovered Covid-19 patients, without showing serious side effects.That news caused MRNA to rocket 29% in a single day of trading, and it's now up 279% so far in 2020. BioGen (BIIB)Source: Pavel Kapysh / Shutterstock.com BioGen is a biotech company based in Cambridge, Massachusetts. You may recall the name from 2019. BIIB stock tanked in March 2019, falling 29% in its worst day of trading ever, after news broke that it was ending trials for a blockbuster Alzheimer's drug called Aducanumab.Fast forward a year, and BioGen is in the hunt for a Covid-19 treatment, in partnership with Vir Biotechnology Inc (NASDAQ:VIR). In March, it was announced the two companies are working on developing antibodies as potential treatments for Covid-19. BIIB stock has been on a roller coaster this year -- although it has still managed to post modest 5% growth -- but there are two prizes in play. First, that Vir partnership could pay off. And second, Aducanumab (the Alzheimer's drug) is back in play. The company announced new phase 3 clinical trials in January. Those were subsequently pushed to the third quarter (news that the market didn't take kindly to), but the new clinical trials raise hope that the company has a winner in Aducanumab. * 7 Dow Jones Stocks to Buy With Fortress-Like Balance Sheets With nearly 50 million people currently suffering from Alzheimers worldwide, the potential payoff for Aducanumab is massive. Gilead Sciences (GLID)Source: Casimiro PT / Shutterstock.com Regular readers know that Gilead Sciences is considered a strong buy right now. This biotech company was the first to get government approval for a coronavirus treatment.On May 1, FDA-approval was issued for use of Gilead's remdesivir drug for treatment of Covid-19. Remdesivir may not be a miracle cure, but clinical trials show it has reduced the recovery time required for some patients. With many hospitals facing bed shortages, anything that reduces the time Covid-19 patients spend there is a big win, and Gilead has donated 1.5 million vials of the drug.The Institute for Clinical and Economic Review (ICER) -- a pharma industry watchdog -- recently assessed the fair sticker price for remdesivir therapy at up to to $4,460 per patient. That has real potential upside for GLID stock. If the success continues and remdesivir becomes a go-treatment for Covid-19, Piper Sandler analysts project it could generate up to $2 billion in revenue for Gilead in 2020 alone -- even after giving away those 1.5 million doses.At this point, GLID stock has posted 13% growth so far in 2020, even though it is down significantly from its $84 close (a two-year high) on April 30. Vertex Pharmaceuticals (VRTX)Source: Shutterstock Boston-based Vertex has posted 30% growth so far in 2020. This biopharmaceutical company isn't focused on Covid-19 research. So why is VRTX seeing a growth spurt?It isn't. Unlike many of the biotech and pharmaceutical companies that are suddenly seeing big gains in anticipation of a payoff from coronavirus-related projects, Vertex has been on a steady growth path since 2017, and especially since the fall of 2019. That's continuing into 2020.The company sells three different drugs for the treatment of cystic fibrosis, and all but owns that market. The latest treatment from Vertex -- Trikafta -- was approved by the FDA last October, and is applicable to 90% of global CF patients. Thus the accelerated pace of growth for VRTX stock starting last October. * 7 Tech Stocks That Are Bolstered by Contact Tracing Initiatives With revenue up 77% in the first quarter, Vertex upped its full-year-revenue projections, when so many other companies have been busy slashing them. Inovio (INO)Source: Shutterstock Finally, Inovio, another biotech company that's gotten the nod here before.This is a company with a proven record of quickly bringing effective solutions to market for vexing diseases. This includes having a treatment to clinic for Ebola in 15 months, nine months for MERS and, six and a half months for Zika.Is Inovio on the hunt for a coronavirus vaccine? You bet! The company currently has 40 humans enrolled in a phase 1 clinical trial, with preliminary data expected to be seen in June. Those trials have big backers, by the way, with both the Department of Defense and The Bill & Melinda Gates Foundation ponying up millions to accelerate testing.INO stock has performed very well in 2020, posting gains over 390%.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 * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 7 Top-Rated Biotech Stocks to Buy on the Hunt for a Vaccine appeared first on InvestorPlace.
- Zacks
Medtronic (MDT) Q4 Earnings Miss Estimates, Revenues Beat
Medtronic (MDT) demonstrates weak fiscal fourth-quarter performances at CER, attributable to dismal show in all major business segments and geographies.
- Investopedia
Top Health Care Stocks for June 2020
Health care, one of the largest and most complex sectors, is comprised of a broad range of companies that sell medical products and services. The health care sector includes companies that sell drugs, medical devices, and insurance, as well as hospitals and health care providers. Health care stocks, as represented by the Health Care Select Sector SPDR ETF (XLV), have outperformed the broader market, providing investors with a total return of 16.3% compared to the S&P 500's total return of 5.9% over the past 12 months. In 2020, health care stocks have recouped nearly all of their losses since their March plunge while the broader market continues to suffer from the global coronavirus pandemic. The market performance numbers and the statistics in the tables in this story are as of May 20.
- MarketWatch
Here are the ‘hot dogs’ that hedge funds have used to outperform this year
Hedge funds have relied on technology, internet, media and telecom companies and increasingly more health care companies to drive performance.
- Zacks
McKesson (MCK) Q4 Earnings and Revenues Surpass Estimates
McKesson's (MCK) fiscal fourth-quarter 2020 results benefit from strong segmental performance.
- Zacks
Zacks.com featured highlights include: Graphic Packaging, Canadian Solar, Biogen and Vistra Energy
Zacks.com featured highlights include: Graphic Packaging, Canadian Solar, Biogen and Vistra Energy
- Zacks
4 Low Price-to-Book Value Stocks to Buy in May
Though price-to-earnings and price-to-sales are the first choices, P/B ratio is also a convenient tool for identifying valuable stocks.
- GlobeNewswire
New Data at AAN Showcase Biogen’s Commitment to Advancing Innovation in MS
Patients treated with VUMERITY® (diroximel fumarate) and TECFIDERA® (dimethyl fumarate) showed a significant reduction of gadolinium-enhancing lesions compared to.
- Yahoo Finance Video
Moderna COVID-19 vaccine data is ‘baby-step’ in right direction: Expert
Professor of Medicine at Yale and Director of The Yale New Haven Hospital Center for Outcomes Research and Evaluation Dr. Harlan Krumholz joins Yahoo Finance’s Seana Smith to discuss Moderna’s recent headway in an early-stage coronavirus vaccine trial.
- GlobeNewswire
New SPINRAZA® (nusinersen) Data Reinforce Sustained Efficacy and Longer-Term Safety Across Broad Range of Spinal Muscular Atrophy (SMA) Patients
Treatment with SPINRAZA improved or stabilized motor function across patient populations, including young adultsThe longer-term safety profile of SPINRAZA was consistent among a.
- Zacks
STERIS' (STE) Q4 Earnings Surpass Estimates, Margins Rise
STERIS' (STE) fourth-quarter fiscal 2020 results reflect strong segmental performance despite the coronavirus-led economic crisis.
- Zacks
GNC Holdings' (GNC) Q1 Earnings and Sales Miss Estimates
All the operating segments of GNC Holdings (GNC) register significant year-over-year sales decline in Q1 on coronavirus-led business disruption.
- Zacks
AMN Healthcare (AMN) Q1 Earnings In Line With Estimates
AMN Healthcare (AMN) gained from core operating segments in Q1.
- Zacks
Intersect ENT (XENT) Reports Wider-Than-Expected Q1 Loss
Intersect ENT (XENT) performs disappointingly in the first quarter of 2020 due to the coronavirus crisis.
