Halozyme Therapeutics, Inc. (HALO)

NASDAQ: HALO · Real-Time Price · USD
54.80
-0.57 (-1.03%)
At close: Jan 17, 2025, 4:00 PM
54.60
-0.20 (-0.36%)
After-hours: Jan 17, 2025, 6:40 PM EST
-1.03%
Market Cap 6.97B
Revenue (ttm) 947.36M
Net Income (ttm) 392.47M
Shares Out 127.23M
EPS (ttm) 3.02
PE Ratio 18.13
Forward PE 11.66
Dividend n/a
Ex-Dividend Date n/a
Volume 904,572
Open 55.66
Previous Close 55.37
Day's Range 54.77 - 55.72
52-Week Range 33.15 - 65.53
Beta 1.23
Analysts Buy
Price Target 60.89 (+11.11%)
Earnings Date Feb 18, 2025

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 $60.89, which is an increase of 11.11% from the latest price.

Price Target
$60.89
(11.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Halozyme Reiterates 2024 Financial Guidance and Raises 2025 and Multi-Year Financial Guidance

Reports Preliminary 2024 Unaudited Estimated Ranges Consistent with Previous Financial Guidance  Raises 2025 Financial Guidance Ranges for Total Revenue to $1,150 - $1,225 million, Representing YoY Gr...

12 days ago - PRNewsWire

Halozyme to Host Investor Conference Call to Provide Updated 2025 Financial Guidance

SAN DIEGO , Jan. 6, 2025 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced it will host an Investor Conference Call on Wednesday, January 8, 2025, at 5:30 a.m. PT...

14 days ago - PRNewsWire

Halozyme: 'Accidental' Business Model Has Exciting Upside Opportunities In 2025

Halozyme Therapeutics, Inc.'s subcu drug delivery business, driven by ENHANZE technology, shows strong revenue growth with significant collaborations, but faces potential challenges post-2030 due to e...

17 days ago - Seeking Alpha

Halozyme: Recent Approvals Alter My Appetite

Halozyme's attempt to acquire Evotec was a bold move to diversify revenue but was ultimately unsuccessful, impacting HALO's stock price. Despite a CRL for Rybrevant, Halozyme's technology saw success ...

20 days ago - Seeking Alpha

Halozyme Announces Takeda Received Regulatory Approval for HYQVIA® 10% Subcutaneous Injection Set with ENHANZE® in Japan for Patients with Agammaglobulinemia or Hypogammaglobulinemia

SAN DIEGO , Dec. 30, 2024 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) (Halozyme) today announced that Takeda received regulatory approval for HYQVIA® [Immune Globulin Infusion 10% (Huma...

21 days ago - PRNewsWire

Halozyme Announces argenx's VYDURA with ENHANZE® was Granted Regulatory Approval in Japan for Chronic Inflammatory Demyelinating Polyneuropathy

SAN DIEGO , Dec. 30, 2024 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) (Halozyme) today announced that argenx's VYVDURA (efgartigimod alfa and hyaluronidase-qvfc), which is co-formulated...

21 days ago - PRNewsWire

Halozyme Announces FDA Approval of Bristol Myers Squibb's Opdivo Qvantig™ with ENHANZE® for Subcutaneous Use in Most Previously Approved Adult Solid Tumor Opdivo® (nivolumab) Indications

Opdivo Qvantig represents the first and only subcutaneously administered PD-1 inhibitor Opdivo Qvantig demonstrated consistent efficacy and showed a comparable safety profile to IV Opdivo in the Phase...

21 days ago - PRNewsWire

Halozyme to Present at Upcoming Investor Conferences

SAN DIEGO , Nov. 27, 2024 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced that members of the executive leadership team are scheduled to present and host invest...

7 weeks ago - PRNewsWire

Halozyme withdraws $2.1 bln buyout offer for Evotec

Halozyme Therapeutics said on Friday it had withdrawn its proposal to acquire Evotec SE for 2 billion euros ($2.09 billion) after the German drug developer was unwilling to engage in discussions.

Other symbols: EVO
2 months ago - Reuters

Halozyme Withdraws Proposal to Acquire Evotec Following Evotec's Unwillingness to Engage in Discussions

SAN DIEGO , Nov. 22, 2024 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme" or the "Company") today announced it has withdrawn its non-binding proposal to acquire Evotec SE (NASDA...

Other symbols: EVO
2 months ago - PRNewsWire

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 months 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.

2 months 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
2 months 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
2 months 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
2 months 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
2 months 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...

2 months ago - Seeking Alpha

Halozyme Announces Record Earnings, Guidance

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

2 months 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...

2 months 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...

2 months 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...

3 months 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...

3 months 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...

3 months 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...

3 months 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...

4 months ago - Business Wire