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In the latest session, Biomarin Pharmaceutical Inc (NASDAQ: BMRN) closed at $66.04 up 0.05% from its previous closing price of $66.01. In other words, the price has increased by $0.05 from its previous closing price. On the day, 1.61 million shares were traded. BMRN stock price reached its highest trading level at $66.23 during the session, while it also had its lowest trading level at $65.45.
Ratios:
For a deeper understanding of Biomarin Pharmaceutical Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.35. For the most recent quarter (mrq), Quick Ratio is recorded 2.62 and its Current Ratio is at 4.27. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
Bernstein Upgraded its Mkt Perform to Outperform on August 20, 2024, whereas the target price for the stock was revised from $94 to $110.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 13 ’24 when Burkhart Erin sold 714 shares for $90.00 per share. The transaction valued at 64,260 led to the insider holds 14,449 shares of the business.
Burkhart Erin bought 714 shares of BMRN for $64,260 on Aug 13 ’24. On May 30 ’24, another insider, Mueller Brian, who serves as the EVP, Chief Financial Officer of the company, sold 5,000 shares for $75.19 each. As a result, the insider received 375,950 and left with 72,159 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BMRN now has a Market Capitalization of 12586101760 and an Enterprise Value of 12258344960. As of this moment, Biomarin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.76, and their Forward P/E ratio for the next fiscal year is 21.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.58 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 4.453 whereas that against EBITDA is 28.769.
Stock Price History:
Over the past 52 weeks, BMRN has reached a high of $99.56, while it has fallen to a 52-week low of $65.35. The 50-Day Moving Average of the stock is -10.93%, while the 200-Day Moving Average is calculated to be -20.04%.
Shares Statistics:
For the past three months, BMRN has traded an average of 1.82M shares per day and 1664610 over the past ten days. A total of 188.60M shares are outstanding, with a floating share count of 188.17M. Insiders hold about 1.27% of the company’s shares, while institutions hold 99.03% stake in the company. Shares short for BMRN as of 1728950400 were 5593590 with a Short Ratio of 3.08, compared to 1726185600 on 6006124. Therefore, it implies a Short% of Shares Outstanding of 5593590 and a Short% of Float of 2.96.
