NGM Biopharmaceuticals, Inc.

NasdaqGS:NGM Stock Report

Market Cap: US$128.5m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

NGM Biopharmaceuticals Past Earnings Performance

Past criteria checks 0/6

NGM Biopharmaceuticals's earnings have been declining at an average annual rate of -35.7%, while the Pharmaceuticals industry saw earnings growing at 1.6% annually. Revenues have been declining at an average rate of 26.1% per year.

Key information

-35.65%

Earnings growth rate

-26.01%

EPS growth rate

Pharmaceuticals Industry Growth5.95%
Revenue growth rate-26.10%
Return on equity-95.79%
Net Margin-3,223.34%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Analysis Article Dec 19

What NGM Biopharmaceuticals, Inc.'s (NASDAQ:NGM) 32% Share Price Gain Is Not Telling You

NGM Biopharmaceuticals, Inc. ( NASDAQ:NGM ) shareholders are no doubt pleased to see that the share price has bounced...
Analysis Article Oct 05

We're A Little Worried About NGM Biopharmaceuticals' (NASDAQ:NGM) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Aug 09

Some Analysts Just Cut Their NGM Biopharmaceuticals, Inc. (NASDAQ:NGM) Estimates

Today is shaping up negative for NGM Biopharmaceuticals, Inc. ( NASDAQ:NGM ) shareholders, with the analysts delivering...
Analysis Article Jun 27

Companies Like NGM Biopharmaceuticals (NASDAQ:NGM) Could Be Quite Risky

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Apr 17

NGM Biopharmaceuticals, Inc.'s (NASDAQ:NGM) Business Is Trailing The Industry But Its Shares Aren't

NGM Biopharmaceuticals, Inc.'s ( NASDAQ:NGM ) price-to-sales (or "P/S") ratio of 5.3x might make it look like a strong...
Analysis Article Dec 20

We Think NGM Biopharmaceuticals (NASDAQ:NGM) Needs To Drive Business Growth Carefully

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Seeking Alpha Oct 17

NGM Biopharma sinks ~72% after phase 2 trial of its eye degeneration treatment fails

NGM Biopharmaceuticals (NASDAQ:NGM) on Monday said its phase 2 trial of its monoclonal antibody NGM621 for the treatment of eye disease geographic atrophy failed to meet its main goal. Shares of the small-cap biotech plunged 72.2% to $3.21 in premarket trading. The mid-stage trial, called CATALINA, was evaluating NGM621 for patients with geographic atrophy (GA), which is the progressive degeneration of the macula in the eye and is an advanced form of age-related macular degeneration. NGM said the trial did not meet the primary endpoint of statistically significant rate of change in GA lesion area using slope analysis over 52 weeks for NGM621 versus sham. However, the company said the treatment showed favorable safety and tolerability. The company plans to present further analyses in early Nov. at a conference.
Seeking Alpha Jun 30

NGM Biopharmaceuticals appoints CFO Siobhan Nolan Mangini to the additional role of President

Siobhan Nolan Mangini, CFO of NGM Biopharmaceuticals (NASDAQ:NGM) has been appointed to the additional role of President. David J. Woodhouse, Ph.D. will continue to serve as NGM Bio’s Chief Executive Officer. William J. Rieflin, who has served as Executive Chairman of company’s Board since September 2018, will transition to Chairman of the Board effective July 1, 2022.
Seeking Alpha Jun 21

NGM Biopharmaceuticals: Eye Disorder Data Due Second Half Of 2022

Results from the phase 2 CATALINA study using NGM621 for the treatment of patients with Geographic Atrophy are expected in the 2nd half of 2022. Results from a phase 1/2 study using NGM707 for the treatment of patients with advanced cancer are expected in the 2nd half of 2022. Results from the phase 2b ALPINE4 study using aldafermin for the treatment of patients with compensated NASH cirrhosis are expected 1st half of 2023. NGM Biopharmaceuticals had $329.8 million in cash as of March 31, 2022. It believes it has enough cash to fund its operations for at least the next 12 months.
Analysis Article Jun 15

Companies Like NGM Biopharmaceuticals (NASDAQ:NGM) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article May 09

Analysts Are Betting On NGM Biopharmaceuticals, Inc. (NASDAQ:NGM) With A Big Upgrade This Week

Celebrations may be in order for NGM Biopharmaceuticals, Inc. ( NASDAQ:NGM ) shareholders, with the analysts delivering...
Seeking Alpha Apr 26

NGM Biopharmaceuticals: How They Changed A Dead End To A Crossroad

After last year's NASH flop, NGM was written off as a lost cause. The company has been able to turn itself around. Today it is an oncology-focused company with multiple interesting assets.
Analysis Article Feb 21

Companies Like NGM Biopharmaceuticals (NASDAQ:NGM) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Nov 08

We're Hopeful That NGM Biopharmaceuticals (NASDAQ:NGM) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Jul 09

Companies Like NGM Biopharmaceuticals (NASDAQ:NGM) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Mar 06

NGM Biopharmaceuticals, Inc. (NASDAQ:NGM) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that NGM Biopharmaceuticals, Inc. ( NASDAQ:NGM ) released its full-year result to the...

Revenue & Expenses Breakdown

How NGM Biopharmaceuticals makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:NGM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 234-142370
30 Sep 2322-151390
30 Jun 2330-17041-15
31 Mar 2337-178411
31 Dec 2255-163410
30 Sep 2258-153400
30 Jun 2269-1353980
31 Mar 2277-125391
31 Dec 2178-120370
30 Sep 2177-121350
30 Jun 2182-122320
31 Mar 2185-111294
31 Dec 2087-102270
30 Sep 2099-90260
30 Jun 2097-72250
31 Mar 20102-54250
31 Dec 19104-43240
30 Sep 19120-13220
30 Jun 19119-9220
31 Mar 19116-5190
31 Dec 181090170
30 Sep 1881-17160
30 Jun 1880-12150
31 Mar 1877-13150
31 Dec 1777-14150
31 Dec 1686-7120

Quality Earnings: NGM is currently unprofitable.

Growing Profit Margin: NGM is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NGM is unprofitable, and losses have increased over the past 5 years at a rate of 35.7% per year.

Accelerating Growth: Unable to compare NGM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NGM is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-13.2%).


Return on Equity

High ROE: NGM has a negative Return on Equity (-95.79%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/05 01:46
End of Day Share Price 2024/04/05 00:00
Earnings2023/12/31
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.

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 Github.

Analyst Sources

NGM Biopharmaceuticals, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew LuchiniBMO Capital Markets Equity Research
Mayank MamtaniB. Riley Securities, Inc.
Paul ChoiGoldman Sachs