company background image
GILD

Gilead Sciences NasdaqGS:GILD Stock Report

Last Price

US$62.86

Market Cap

US$78.8b

7D

-4.2%

1Y

-11.7%

Updated

24 Sep, 2022

Data

Company Financials +
GILD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends4/6

GILD Stock Overview

Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally.

Gilead Sciences, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gilead Sciences
Historical stock prices
Current Share PriceUS$62.86
52 Week HighUS$74.12
52 Week LowUS$57.17
Beta0.33
1 Month Change-1.15%
3 Month Change-0.35%
1 Year Change-11.70%
3 Year Change-0.064%
5 Year Change-22.41%
Change since IPO9,833.44%

Recent News & Updates

Sep 22

A Dive Into Gilead Sciences' New HIV Medication

Summary We look at an overview of Gilead's HIV medication. Gilead currently pays a 4.52% dividend. The health care sector is a good defensive sector for a recession. Introduction I give a hold rating to Gilead Sciences (GILD) because the company sits in an excellent sector for recessions due to its lack of a cyclical nature and because Lenacapavir looks likely to be approved. However, given its poor performance over the last five years, I don't feel confident in Gilead's ability to outperform the sector. Gilead Sciences is a biotechnology company headquartered in Foster City, California, founded in 1987. Currently, the company's market cap is $82.05 Billion. The company has an EPS of 3.27 on a share price of $64.12, which gives the company a 19.62 PE, which is on the higher side for a biotech company. This is likely because the market is somewhat pricing in Lenacapavir's approval and future revenue. Gilead is paying out an impressive 4.52% dividend. In addition to the dividend, the company returned capital to shareholders with $72 Million in share repurchases. For Q2 2022, the company had $6.1 Billion in sales earning the company $2 Billion in Non-GAAP Net Income. Historical Performance Gilead has underperformed other pharmaceutical companies over the last ten years. The company rocketed from the low $30s in 2012 to over $170 in 2015. However, ever since then, the company has been on a downward trend. Interestingly enough, 2015 was when the company started issuing its dividend, which has grown consistently since its initial issuance. Another reason for the poor performance is the lack of a Covid-19 bump from an incredibly lucrative treatment in which many other pharmaceutical companies of equal or bigger size had some stake. If Gilead had a similar bump, it would have been one of the top-performing pharmaceutical stocks over this period. Instead, it just had normal operating growth. Despite this downward trend, the company is still up 96% over the past ten years. Data by YChartsData by YCharts What is Lenacapavir? Generated Lenacapavir is an HIV/AIDS medication sold under the brand name Sunlenca and developed by Gilead Sciences. The medication can either be taken by mouth or by subcutaneous injection. The drug is being researched for treating patients with multidrug-resistant HIV and used for preventive medicine with a twice-yearly injection for pre-exposure prophylaxis. Drugs.com wrote, "While most antivirals act on just one stage of viral replication, Lenacapavir is designed to inhibit HIV-1 at multiple stages of its lifecycle and has no known cross-resistance to other existing drug classes. If approved, Lenacapavir would be the only HIV-1 treatment option administered twice-yearly." Looking at the clinical data, a recent report on Lenacapavir commented: Lenacapavir is a first-in-class capsid inhibitor and has no known cross-resistance to other existing drug classes... This patient population, with highly resistant HIV infection, represents a significant unmet medical need. Throughout the course of the CAPELLA study, 83% (30 of 36) participants receiving lenacapavir in conjunction with an optimized background regimen achieved an undetectable viral load (<50 copies/mL) at week 52. The participants averaged a CD4 count of 83 cells/µL. For further reading on the clinical results. Approval In Europe On June 23rd, 2022, the Committee for Medicinal Products for Human Use ((CHMP)) of the European Medicines Agency ((EMA)) adopted a positive opinion, recommending the granting of a marketing authorization for the medicinal product Sunlenca, intended for the treatment of adults with multidrug‑resistant human immunodeficiency virus type 1 (HIV‑1) infection. In typical fashion, subsequently, Lenacapavir was approved for medical use in the European Union in August 2022. Clinical Halt Gilead is still waiting for the US Food and Drug Administration (FDA) to make a regulatory decision after Lenacapavir's approval was delayed due to manufacturing issues. The issue centered not around the drug's clinical data but its storage method. Lenacapavir had been stored in borosilicate vials, and due to vial compatibility problems, the FDA issued a clinical halt. Gilead has since addressed the issue and believes they are good to go. Gilead plans to store injectable Lenacapavir in aluminosilicate glass now. After resolving this issue, Gilead resubmitted their NDA for Lenacapavir in July, which the FDA accepted and gave a PDUFA date of December 27th, 2022. Potential Earnings Considering that the drug is already approved in the EU and the clinical halt was over a manufacturing issue unrelated to the clinical data, I believe that Lenacapavir will be approved. Upon approval: Lenacapavir revenues are estimated to reach $1.08bn in 2027, according to GlobalData consensus forecasts. Gilead is looking at Lenacapavir combined with a broad range of agents to address the needs of an effective HIV treatment regimen, said Gilead Sciences vice president of HIV clinical research Dr. Jared Baeten.

Sep 13

Gilead Sciences goes ex-dividend tomorrow

Gilead Sciences (NASDAQ:GILD) had declared $0.73/share quarterly dividend, in line with previous. Payable Sept. 29; for shareholders of record Sept. 15; ex-div Sept. 14. See GILD Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

GILDUS BiotechsUS Market
7D-4.2%-5.0%-5.2%
1Y-11.7%-30.0%-23.0%

Return vs Industry: GILD exceeded the US Biotechs industry which returned -30% over the past year.

Return vs Market: GILD exceeded the US Market which returned -23.1% over the past year.

Price Volatility

Is GILD's price volatile compared to industry and market?
GILD volatility
GILD Average Weekly Movement3.5%
Biotechs Industry Average Movement11.1%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: GILD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: GILD's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198714,400Dan O'Dayhttps://www.gilead.com

Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally. The company provides Biktarvy, Genvoya, Descovy, Odefsey, Truvada, Complera/ Eviplera, Stribild, and Atripla products for the treatment of HIV/AIDS; Veklury, an injection for intravenous use, for the treatment of coronavirus disease 2019; and Epclusa, Harvoni, Vosevi, Vemlidy, and Viread for the treatment of liver diseases. It also offers Yescarta, Tecartus, Trodelvy, and Zydelig products for the treatment of hematology, oncology, and cell therapy patients.

Gilead Sciences, Inc. Fundamentals Summary

How do Gilead Sciences's earnings and revenue compare to its market cap?
GILD fundamental statistics
Market CapUS$78.79b
Earnings (TTM)US$4.14b
Revenue (TTM)US$27.52b

19.0x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GILD income statement (TTM)
RevenueUS$27.52b
Cost of RevenueUS$5.64b
Gross ProfitUS$21.87b
Other ExpensesUS$17.74b
EarningsUS$4.14b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.30
Gross Margin79.50%
Net Profit Margin15.04%
Debt/Equity Ratio129.7%

How did GILD perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

87%

Payout Ratio