Igm Biosciences Stock Today

IGMS Stock  USD 9.40  0.51  5.74%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 12

 
High
 
Low
Low
IGM Biosciences is selling for under 9.40 as of the 26th of November 2024; that is 5.74 percent increase since the beginning of the trading day. The stock's lowest day price was 9.16. IGM Biosciences has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for IGM Biosciences are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
18th of September 2019
Category
Healthcare
Classification
Health Care
IGM Biosciences, Inc., a biotechnology company, develops Immunoglobulin M antibodies for the treatment of cancer, infectious diseases, and autoimmune and inflammatory diseases. IGM Biosciences, Inc. was incorporated in 1993 and is headquartered in Mountain View, California. The company has 34.08 M outstanding shares of which 3.37 M shares are currently shorted by private and institutional investors with about 11.83 trading days to cover. More on IGM Biosciences

Moving against IGM Stock

  0.47MDGL Madrigal PharmaceuticalsPairCorr
  0.45RNXT RenovoRxPairCorr
  0.39KEP Korea Electric PowerPairCorr
  0.33BACK IMAC HoldingsPairCorr

IGM Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOFred JD
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00280.005
Way Down
Slightly volatile
Total Current Liabilities23.7 M42.5 M
Way Down
Slightly volatile
Non Current Liabilities Total186.6 M177.7 M
Sufficiently Up
Slightly volatile
Total Assets300.2 M423.4 M
Way Down
Slightly volatile
Total Current Assets256.8 M347.6 M
Way Down
Slightly volatile
Debt Levels
IGM Biosciences can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand IGM Biosciences' financial leverage. It provides some insight into what part of IGM Biosciences' total assets is financed by creditors.
Liquidity
IGM Biosciences currently holds 40.51 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. IGM Biosciences has a current ratio of 10.57, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about IGM Biosciences' use of debt, we should always consider it together with its cash and equity.

Total Cashflows From Investing Activities

(192.93 Million)
IGM Biosciences (IGMS) is traded on NASDAQ Exchange in USA. It is located in 325 East Middlefield Road, Mountain View, CA, United States, 94043 and employs 198 people. IGM Biosciences is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 558.96 M. IGM Biosciences conducts business under Biotechnology sector and is part of Health Care industry. The entity has 34.08 M outstanding shares of which 3.37 M shares are currently shorted by private and institutional investors with about 11.83 trading days to cover. IGM Biosciences currently holds about 469.14 M in cash with (192.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.95, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check IGM Biosciences Probability Of Bankruptcy
Ownership Allocation
IGM Biosciences has a total of 34.08 Million outstanding shares. Over half of IGM Biosciences' outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check IGM Ownership Details

IGM Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
223 K
Northern Trust Corp2024-09-30
191.7 K
Rhenman Partners Asset Management Ab2024-09-30
185.5 K
Td Asset Management Inc2024-09-30
164.5 K
Charles Schwab Investment Management Inc2024-09-30
148.4 K
Marshall Wace Asset Management Ltd2024-06-30
107.3 K
Bruce & Co Inc2024-09-30
100 K
D. E. Shaw & Co Lp2024-09-30
97.7 K
Woodline Partners Lp2024-06-30
75 K
Baker Bros Advisors Lp2024-09-30
4.1 M
T. Rowe Price Associates, Inc.2024-06-30
4.1 M
View IGM Biosciences Diagnostics

IGM Biosciences Historical Income Statement

At this time, IGM Biosciences' Total Other Income Expense Net is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 711.9 K in 2024, despite the fact that Gross Profit is likely to grow to (201.1 M). View More Fundamentals

IGM Stock Against Markets

IGM Biosciences Corporate Management

TS HarigopalSenior OperationsProfile
Faraz SiddiquiSenior OperationsProfile
Angus SinclairSenior ImmunoOncologyProfile
Elizabeth JDSenior PropertyProfile
Elaine SapinosoSenior QualityProfile
Misbah CPAChief OfficerProfile
Lisa DeckerChief OfficerProfile

Additional Tools for IGM Stock Analysis

When running IGM Biosciences' price analysis, check to measure IGM Biosciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IGM Biosciences is operating at the current time. Most of IGM Biosciences' value examination focuses on studying past and present price action to predict the probability of IGM Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IGM Biosciences' price. Additionally, you may evaluate how the addition of IGM Biosciences to your portfolios can decrease your overall portfolio volatility.