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IGM Biosciences NasdaqGS:IGMS Stock Report

Last Price

US$7.48

Market Cap

US$440.0m

7D

-21.2%

1Y

-3.9%

Updated

17 Dec, 2024

Data

Company Financials +

IGM Biosciences, Inc.

NasdaqGS:IGMS Stock Report

Market Cap: US$440.0m

IGMS Stock Overview

A clinical-stage biotechnology company, develops Immunoglobulin M (IgM) antibodies for the treatment of cancer and autoimmune and inflammatory diseases. More details

IGMS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

IGM Biosciences, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for IGM Biosciences
Historical stock prices
Current Share PriceUS$7.48
52 Week HighUS$22.50
52 Week LowUS$6.17
Beta0.0055
1 Month Change-21.01%
3 Month Change-55.08%
1 Year Change-3.86%
3 Year Change-73.55%
5 Year Change-83.92%
Change since IPO-69.22%

Recent News & Updates

We're Not Very Worried About IGM Biosciences' (NASDAQ:IGMS) Cash Burn Rate

Oct 08
We're Not Very Worried About IGM Biosciences' (NASDAQ:IGMS) Cash Burn Rate

Recent updates

We're Not Very Worried About IGM Biosciences' (NASDAQ:IGMS) Cash Burn Rate

Oct 08
We're Not Very Worried About IGM Biosciences' (NASDAQ:IGMS) Cash Burn Rate

IGM Biosciences: Waiting For Godot

Sep 18

IGM Biosciences: Unlikely To Move The Needle Again In 2024

May 12

Is IGM Biosciences (NASDAQ:IGMS) In A Good Position To Invest In Growth?

Apr 28
Is IGM Biosciences (NASDAQ:IGMS) In A Good Position To Invest In Growth?

IGM Biosciences: Imvotamab Data 2nd Half Of 2024 With Other Inflection Points

Feb 12

We Think IGM Biosciences (NASDAQ:IGMS) Needs To Drive Business Growth Carefully

Nov 20
We Think IGM Biosciences (NASDAQ:IGMS) Needs To Drive Business Growth Carefully

We're Not Worried About IGM Biosciences' (NASDAQ:IGMS) Cash Burn

May 10
We're Not Worried About IGM Biosciences' (NASDAQ:IGMS) Cash Burn

Here's Why We're Not At All Concerned With IGM Biosciences' (NASDAQ:IGMS) Cash Burn Situation

Jan 05
Here's Why We're Not At All Concerned With IGM Biosciences' (NASDAQ:IGMS) Cash Burn Situation

IGM Biosciences (NASDAQ:IGMS) Is In A Strong Position To Grow Its Business

Sep 23
IGM Biosciences (NASDAQ:IGMS) Is In A Strong Position To Grow Its Business

IGM Biosciences started at BofA Securities with a buy on IgM antibody candidates

Aug 29

IGM Biosciences GAAP EPS of -$1.33 misses by $0.93, revenue of $0.4M

Aug 08

We're Keeping An Eye On IGM Biosciences' (NASDAQ:IGMS) Cash Burn Rate

Jun 09
We're Keeping An Eye On IGM Biosciences' (NASDAQ:IGMS) Cash Burn Rate

IGM Biosciences: Interesting Science, Poor Trial Data

Feb 23

Is IGM Biosciences (NASDAQ:IGMS) In A Good Position To Deliver On Growth Plans?

Feb 17
Is IGM Biosciences (NASDAQ:IGMS) In A Good Position To Deliver On Growth Plans?

Here's Why We're Not Too Worried About IGM Biosciences' (NASDAQ:IGMS) Cash Burn Situation

Sep 07
Here's Why We're Not Too Worried About IGM Biosciences' (NASDAQ:IGMS) Cash Burn Situation

IGM Biosciences (NASDAQ:IGMS) Is In A Good Position To Deliver On Growth Plans

May 25
IGM Biosciences (NASDAQ:IGMS) Is In A Good Position To Deliver On Growth Plans

Shareholder Returns

IGMSUS BiotechsUS Market
7D-21.2%-2.5%0.1%
1Y-3.9%3.1%26.1%

Return vs Industry: IGMS underperformed the US Biotechs industry which returned 3.7% over the past year.

Return vs Market: IGMS underperformed the US Market which returned 27.3% over the past year.

Price Volatility

Is IGMS's price volatile compared to industry and market?
IGMS volatility
IGMS Average Weekly Movement14.5%
Biotechs Industry Average Movement10.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: IGMS's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: IGMS's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1993198Mary Harlerigmbio.com

IGM Biosciences, Inc., a clinical-stage biotechnology company, develops Immunoglobulin M (IgM) antibodies for the treatment of cancer and autoimmune and inflammatory diseases. It develops Aplitabart, a Death Receptor 5 Agonist IgM antibody for the treatment of colorectal cancer; imvotamab, a CD20 x CD3 bispecific IgM antibody to treat myositis, as well as for the treatment of systemic lupus erythematosus and rheumatoid arthritis that is Phase Ib clinical trial; and IGM-2644, a bispecific T cell engaging IgM antibody targeting CD38 and CD3 proteins for the treatment of autoimmune diseases. IGM Biosciences, Inc. has a collaboration and license agreement with Genzyme Corporation to generate, develop, manufacture, and commercialize IgM antibodies.

IGM Biosciences, Inc. Fundamentals Summary

How do IGM Biosciences's earnings and revenue compare to its market cap?
IGMS fundamental statistics
Market capUS$440.03m
Earnings (TTM)-US$219.84m
Revenue (TTM)US$2.92m

152.4x

P/S Ratio

-2.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGMS income statement (TTM)
RevenueUS$2.92m
Cost of RevenueUS$184.38m
Gross Profit-US$181.46m
Other ExpensesUS$38.38m
Earnings-US$219.84m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.70
Gross Margin-6,218.71%
Net Profit Margin-7,534.03%
Debt/Equity Ratio0%

How did IGMS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 03:05
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IGM Biosciences, Inc. is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Etzer DaroutBMO Capital Markets Equity Research
Geoffrey MeachamBofA Global Research
Charlie YangBofA Global Research