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In the latest session, Biomarin Pharmaceutical Inc. (NASDAQ: BMRN) closed at $69.47 down -0.98% from its previous closing price of $70.16. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.93 million shares were traded. BMRN stock price reached its highest trading level at $70.28 during the session, while it also had its lowest trading level at $69.37.
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 10.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.31. For the most recent quarter (mrq), Quick Ratio is recorded 1.95 and its Current Ratio is at 3.05. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.11.
On August 20, 2024, Bernstein Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $94 to $110.
Robert W. Baird Downgraded its Outperform to Neutral on May 17, 2024, whereas the target price for the stock was revised from $104 to $72.
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 13225908224 and an Enterprise Value of 13101186048. As of this moment, Biomarin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.45, and their Forward P/E ratio for the next fiscal year is 22.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.11 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 5.062 whereas that against EBITDA is 37.496.
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 $67.75. The 50-Day Moving Average of the stock is -12.93%, while the 200-Day Moving Average is calculated to be -17.61%.
Shares Statistics:
For the past three months, BMRN has traded an average of 1.74M shares per day and 1170220 over the past ten days. A total of 188.60M shares are outstanding, with a floating share count of 187.97M. Insiders hold about 1.27% of the company’s shares, while institutions hold 100.10% stake in the company. Shares short for BMRN as of 1727654400 were 5280095 with a Short Ratio of 3.03, compared to 1724976000 on 5847008. Therefore, it implies a Short% of Shares Outstanding of 5280095 and a Short% of Float of 2.79.
