Genmab A/S (NASDAQ:GMAB – Free Report) – Stock analysts at William Blair lowered their FY2025 EPS estimates for shares of Genmab A/S in a report issued on Tuesday, January 21st. William Blair analyst M. Phipps now forecasts that the company will post earnings per share of $1.38 for the year, down from their prior estimate of $1.60. The consensus estimate for Genmab A/S’s current full-year earnings is $1.28 per share.
Genmab A/S (NASDAQ:GMAB – Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.03). Genmab A/S had a return on equity of 14.64% and a net margin of 23.49%. The company had revenue of $816.10 million for the quarter, compared to analyst estimates of $838.20 million. During the same quarter last year, the business earned $0.47 earnings per share.
Read Our Latest Report on GMAB
Genmab A/S Price Performance
GMAB opened at $21.29 on Thursday. The business has a fifty day simple moving average of $21.07 and a 200 day simple moving average of $23.98. Genmab A/S has a 1 year low of $19.85 and a 1 year high of $31.88. The company has a market capitalization of $14.09 billion, a PE ratio of 20.67, a price-to-earnings-growth ratio of 0.59 and a beta of 0.97.
Institutional Trading of Genmab A/S
Several large investors have recently made changes to their positions in GMAB. Two Sigma Advisers LP lifted its stake in Genmab A/S by 84.1% during the third quarter. Two Sigma Advisers LP now owns 615,100 shares of the company’s stock worth $14,996,000 after purchasing an additional 280,900 shares during the last quarter. Cubist Systematic Strategies LLC raised its holdings in shares of Genmab A/S by 109.7% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 278,541 shares of the company’s stock worth $7,000,000 after buying an additional 145,689 shares in the last quarter. FMR LLC lifted its position in shares of Genmab A/S by 13.5% during the 3rd quarter. FMR LLC now owns 278,194 shares of the company’s stock worth $6,782,000 after buying an additional 33,076 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in Genmab A/S by 6.5% in the third quarter. Oppenheimer Asset Management Inc. now owns 232,243 shares of the company’s stock valued at $5,662,000 after buying an additional 14,165 shares in the last quarter. Finally, Natixis Advisors LLC grew its position in Genmab A/S by 29.8% in the third quarter. Natixis Advisors LLC now owns 206,563 shares of the company’s stock valued at $5,036,000 after acquiring an additional 47,437 shares during the last quarter. Institutional investors and hedge funds own 7.07% of the company’s stock.
Genmab A/S Company Profile
Genmab A/S develops antibody therapeutics for the treatment of cancer and other diseases primarily in Denmark. The company markets DARZALEX, a human monoclonal antibody for the treatment of patients with multiple myeloma (MM); teprotumumab for the treatment of thyroid eye disease; and Amivantamab for advanced or metastatic gastric or esophageal cancer and NSCLC.
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