Halozyme Therapeutics, Inc. (HALO)

NASDAQ: HALO · Real-Time Price · USD
45.11
-0.65 (-1.42%)
Nov 21, 2024, 10:49 AM EST - Market open
-1.42%
Market Cap 5.74B
Revenue (ttm) 947.36M
Net Income (ttm) 392.47M
Shares Out 127.23M
EPS (ttm) 3.02
PE Ratio 15.14
Forward PE 9.87
Dividend n/a
Ex-Dividend Date n/a
Volume 208,683
Open 45.85
Previous Close 45.76
Day's Range 44.82 - 46.01
52-Week Range 33.15 - 65.53
Beta 1.29
Analysts Buy
Price Target 61.11 (+35.47%)
Earnings Date Oct 31, 2024

About HALO

Halozyme Therapeutics, Inc., a biopharma technology platform company, researches, develops, and commercializes proprietary enzymes and devices in the United States, Switzerland, Belgium, Japan, and internationally. The company’s products are based on the patented recombinant human hyaluronidase enzyme (rHuPH20) that enables delivery of injectable biologics, such as monoclonal antibodies and other therapeutic molecules, as well as small molecules and fluids. It offers Hylenex recombinant, a formulation of rHuPH20 to facilitate subcutaneous (SC) ... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 1998
Employees 373
Stock Exchange NASDAQ
Ticker Symbol HALO
Full Company Profile

Financial Performance

In 2023, Halozyme Therapeutics's revenue was $829.25 million, an increase of 25.62% compared to the previous year's $660.12 million. Earnings were $281.59 million, an increase of 39.31%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for HALO stock is "Buy." The 12-month stock price forecast is $61.11, which is an increase of 35.47% from the latest price.

Price Target
$61.11
(35.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Halozyme CEO: Evotec Is Poised for Growth

Halozyme CEO Helen Torley joins to discuss the company's intended acquisition of biotech company Evotech. She speaks with Caroline Hyde on "Bloomberg Technology.

Other symbols: EVO
2 days ago - Bloomberg Technology

Halozyme says €2 billion takeover of Evotech would create leader in drug discovery

Halozyme says the combined company would have an estimated $2 billion in revenue in 2025.

3 days ago - Market Watch

Halozyme Provides Update on Non-Binding Proposal to Combine with Evotec

Would establish an innovative pharma services company with capabilities spanning drug discovery and development, biologic manufacturing and drug delivery technologies Would meaningfully diversify, sca...

Other symbols: EVO
3 days ago - PRNewsWire

Large Pharma Partner Halozyme Therapeutics Offers To Acquire Germany-Based Evotec For ~$2 Billion

On Thursday, Halozyme Therapeutics, Inc.  HALO submitted a non-binding proposal to Evotec SE EVO to acquire the German company for 11.00 euros per share in cash, implying a fully diluted equity value ...

Other symbols: EVO
5 days ago - Benzinga

Halozyme Confirms Proposal to Combine with Evotec for €11.00 Per Share in an All-Cash Transaction

Combination Would Create a Global Innovative Services Company with a Unique Set of Differentiated Technologies, a Deep Pipeline, and Best-in-class Industry Team SAN DIEGO , Nov. 14, 2024 /PRNewswire/ ...

Other symbols: EVO
6 days ago - PRNewsWire

Halozyme weighing buyout of drugmaker Evotec, Bloomberg News reports

German drugmaker Evotec is attracting takeover interest from U.S.-based Halozyme Therapeutics , Bloomberg News reported on Thursday.

Other symbols: EVO
6 days ago - Reuters

Halozyme: Looking For More Growth Following Record Q3 Earnings

Halozyme's Q3 earnings exceeded expectations, with a $1.27 EPS and 34% YoY revenue growth, driven by ENHANZE tech and strong partnerships with J&J and Roche. The partnership model using ENHANZE tech m...

15 days ago - Seeking Alpha

Halozyme Announces Record Earnings, Guidance

Halozyme Therapeutics, Inc. (HALO) shares are up after record revenue growth, improved guidance, and expansion plans.

20 days ago - FXEmpire

Halozyme Therapeutics, Inc. (HALO) Q3 2024 Earnings Call Transcript

Halozyme Therapeutics, Inc. (NASDAQ:HALO) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Helen Torley - President, Chief Executive Officer Nicole LaBrosse - Chief F...

20 days ago - Seeking Alpha

HALOZYME REPORTS THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS

Total Revenue Increased 34% YOY to $290 million and Royalty Revenue Increased 36% YOY to $155 million Net Income Increased 67% YOY to $137 million and Adjusted EBITDA Increased 60% YOY to $184 million...

20 days ago - PRNewsWire

HALOZYME PROVIDES UPDATE ON LICENSEE CO-FORMULATION PATENT HEARING IN EUROPE

Company Projects No Impact on U.S. or European Royalty Revenues from DARZALEX FASPRO® and SC through 2032 Reiterates 2024 Royalty Revenue Guidance of $520-555 million and Expectations to Generate > $1...

4 weeks ago - PRNewsWire

Halozyme to Report Third Quarter 2024 Financial and Operating Results

SAN DIEGO , Oct. 23, 2024 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced it will release its third quarter 2024 financial and operating results on Thursday, Oc...

4 weeks ago - PRNewsWire

Wells Fargo Downgrades Halozyme Therapeutics (HALO) Due to Limited Upside

Wells Fargo has downgraded its rating for Halozyme Therapeutics (HALO, Financial), a U.S. biotechnology company, from "Overweight" to "Equal Weight," with a target price set at $62, indicating limited...

6 weeks ago - GuruFocus

Halozyme Announces Expansion of Global Collaboration and License Agreement with argenx for ENHANZE®

Four new targets nominated for total of six nominated targets, including FcRn (VYVGART® Hytrulo), for ENHANZE® drug delivery technology Halozyme to receive total upfront payment of $30 million for exc...

7 weeks ago - PRNewsWire

Kaskela Law LLC Announces Shareholder Investigation of Halozyme Therapeutics, Inc. (HALO) and Encourages Investors to Contact the Firm

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating Halozyme Therapeutics, Inc. (“Halozyme”) (NASDAQ: HALO) on behalf of the company's shareholders. The investigation see...

2 months ago - Business Wire

Halozyme Announces FDA Approval of Roche's Subcutaneous OCREVUS ZUNOVO™ with ENHANZE® for People with Relapsing and Primary Progressive Multiple Sclerosis

OCREVUS ZUNOVO™ has the potential to expand treatment options to centers without IV infrastructure or with IV constraints SAN DIEGO , Sept. 13, 2024 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ...

2 months ago - PRNewsWire

Halozyme Announces FDA Approval of Roche's Tecentriq Hybreza™ With ENHANZE® for Multiple Types of Cancer

FDA approval marks first and only subcutaneous anti-PD-(L)1 cancer immunotherapy SAN DIEGO , Sept. 12, 2024 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced that...

2 months ago - PRNewsWire

Halozyme to Present at Upcoming Investor Conferences

SAN DIEGO , Aug. 28, 2024 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced that Dr. Helen Torley, President and Chief Executive Officer, and Tram Bui, VP of Inve...

3 months ago - PRNewsWire

Top 2 Health Care Stocks That May Plunge In August

As of Aug 26, 2024, two stocks in the health care sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: BGNE
3 months ago - Benzinga

Final Trade: LULU, VIK, HALO, CCJ

The final trades of the day with CNBC's Leslie Picker and the Fast Money traders.

Other symbols: LULUCCJVIK
3 months ago - CNBC Television

Halozyme Earnings, Guidance Point to Bullish Future

Strong revenue growth and a bright outlook have Halozyme Therapeutics, Inc. (HALO) shares rising.

3 months ago - FXEmpire

Halozyme Therapeutics, Inc.: Significantly Undervalued Growth Based On Current Fundamentals

Based on fundamental analysis, Halozyme Therapeutics, Inc. presents high returns on invested capital and returns on equity which will drive returns for investors. HALO is trading at a significant disc...

3 months ago - Seeking Alpha

Halozyme Therapeutics, Inc. (HALO) Q2 2024 Earnings Call Transcript

Halozyme Therapeutics, Inc. (NASDAQ:HALO) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Tram Bui - Vice President of Investor Relations and Corporate Communications ...

3 months ago - Seeking Alpha

HALOZYME REPORTS SECOND QUARTER 2024 FINANCIAL AND OPERATING RESULTS

Total Revenue of $231 million; Net Income of $93 million; Adjusted EBITDA of $137 million; GAAP Diluted EPS of $0.72 and Non-GAAP Diluted EPS of $0.91 1 Royalty Revenue Increased 12% YOY to $125 milli...

3 months ago - PRNewsWire

Halozyme to Report Second Quarter 2024 Financial and Operating Results

SAN DIEGO , July 23, 2024 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced it will release its second quarter 2024 financial and operating results on Tuesday, Au...

4 months ago - PRNewsWire