Halozyme Therapeutics, Inc. (HALO)

NASDAQ: HALO · IEX Real-Time Price · USD
34.49
+0.81 (2.40%)
Mar 24, 2023, 4:00 PM EDT - Market closed
2.4%
Market Cap 4.67B
Revenue (ttm) 660.12M
Net Income (ttm) 202.13M
Shares Out 135.37M
EPS (ttm) 1.44
PE Ratio 23.95
Forward PE 23.47
Dividend n/a
Ex-Dividend Date n/a
Volume 1,629,537
Open 33.59
Previous Close 33.68
Day's Range 33.42 - 34.74
52-Week Range 32.83 - 59.46
Beta 1.26
Analysts Buy
Price Target 57.76 (+67.47%)
Earnings Date May 9, 2023

About HALO

Halozyme Therapeutics, Inc. operates as a biopharma technology platform company in the United States, Switzerland, Ireland, Belgium, Japan, and internationally. The company's products are based on the ENHANZE drug delivery technology, a patented recombinant human hyaluronidase enzyme (rHuPH20) that enables the subcutaneous delivery of injectable biologics, such as monoclonal antibodies and other therapeutic molecules, as well as small molecules and fluids. Its flagship product is Hylenex recombinant, a formulation of rHuPH20 to facilitate subcu... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 1998
Employees 145
Stock Exchange NASDAQ
Ticker Symbol HALO
Full Company Profile

Financial Performance

In 2022, HALO's revenue was $660.12 million, an increase of 48.91% compared to the previous year's $443.31 million. Earnings were $202.13 million, a decrease of -49.81%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for HALO stock is "Buy." The 12-month stock price forecast is $57.76, which is an increase of 67.47% from the latest price.

Price Target
$57.76
(67.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Strength Seen in Halozyme Therapeutics (HALO): Can Its 5.3% Jump Turn into More Strength?

Halozyme Therapeutics (HALO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further pric...

3 days ago - Zacks Investment Research

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

Company Anticipates No Impact on U.S. and European Royalty Revenues from DARZALEX FASPRO ®  and SC through at least 2030 Reiterates 2023 Revenue Guidance of $815 million to $845 million and Royalty Re...

1 week ago - PRNewsWire

Halozyme (HALO) Q4 Earnings Top, Revenues Miss, Stock Down

Halozyme Therapeutics (HALO) reports mixed fourth-quarter results. Stock is down in the after-market hours in response to the earnings results.

1 month ago - Zacks Investment Research

Halozyme Therapeutics (HALO) Q4 Earnings Surpass Estimates

Halozyme Therapeutics (HALO) delivered earnings and revenue surprises of 2.13% and 2.46%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

HALOZYME REPORTS FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL AND OPERATING RESULTS

Fourth Quarter Revenue Increased 78% YOY to $181 million; GAAP Diluted Earnings per Share of $0.42 and Non-GAAP Diluted Earnings per Share of $0.48 1 Full Year 2022 Revenue Increased 49% YOY to $660.1...

1 month ago - PRNewsWire

Halozyme to Report Fourth Quarter and Full Year 2022 Financial and Operating Results

SAN DIEGO , Feb. 7, 2023 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced it will release its fourth quarter and full year 2022 financial and operating results o...

1 month ago - PRNewsWire

Halozyme Appoints Barbara Duncan to its Board of Directors

SAN DIEGO , Feb. 6, 2023 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced the appointment of Barbara Duncan to its Board of Directors. Ms. Duncan brings more tha...

1 month ago - PRNewsWire

Halozyme (HALO) Down 9.2% on Weak 2023 Financial Guidance

Though Halozyme (HALO) expects a year-over-year increase in revenues and earnings for 2023, the company's guidance fell short of Wall Street expectations.

2 months ago - Zacks Investment Research

HALOZYME THERAPEUTICS, INC. ANNOUNCES REDEMPTION OF 1.25% CONVERTIBLE SENIOR NOTES DUE 2024

SAN DIEGO , Jan. 11, 2023 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced that it has elected to redeem on March 17, 2023 (the "Redemption Date") all of its out...

2 months ago - PRNewsWire

Halo Therapeutics stock drops following weak 2023 outlook

Halozyme Therapeutics Inc. HALO, +1.20% stock fell in the extended session Tuesday after the biotech drug maker's 2023 forecast disappointed Wall Street. Halozyme shares fell as much as 8% after hours...

2 months ago - Market Watch

Halozyme Provides 2023 Financial Guidance and Outlook

2023 Total Revenue Guidance of $815 to $845 Million Representing >20% Growth Over Expected 2022 Revenue 2023 Recurring Revenues from Royalties Projected to Grow by >20% to $445 to $455 Million 2023 EB...

2 months ago - PRNewsWire

Halozyme to Present at the 41st Annual J.P. Morgan Healthcare Conference

SAN DIEGO , Jan. 3, 2023 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced that Dr. Helen Torley, president and chief executive officer, will present at the 41st ...

2 months ago - PRNewsWire

3 Stocks to Keep an Eye on for Earnings Growth in 2023

As 2023 approaches, its prudent to have a look at stocks like Halozyme Therapeutics (HALO), Arista Networks (ANET) & Citizens Financial Group (CFG) for solid earnings growth.

Other symbols: ANETCFG
3 months ago - Zacks Investment Research

Halozyme Therapeutics (HALO) Up 16.2% Since Last Earnings Report: Can It Continue?

Halozyme Therapeutics (HALO) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Halozyme (HALO) Stock Rises 35% in the Year so Far: Here's Why

Halozyme (HALO) is gaining on its proprietary drug delivery technology, ENHANZE. It expects strong revenues on the back of robust demand for its new partnered drugs.

4 months ago - Zacks Investment Research

GILD vs. HALO: Which Stock Is the Better Value Option?

GILD vs. HALO: Which Stock Is the Better Value Option?

Other symbols: GILD
4 months ago - Zacks Investment Research

Pro: ‘S&P 500 in a recession is fairly valued at 2,800 to 3,200'

S&P 500 is breathing a much-awaited sigh of relief after the monthly inflation data came in better than expected (read more). But there's hardly a reason to believe that it's not just another one of t...

4 months ago - Invezz

Halozyme's (HALO) Q3 Earnings and Revenues Surpass Estimates

Halozyme's (HALO) earnings and revenues beat estimates for the third quarter of 2022.

4 months ago - Zacks Investment Research

Halozyme to Participate in Upcoming Investor Conferences

SAN DIEGO , Nov. 9, 2022 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced that members of its management team are scheduled to present and host investor meetings...

4 months ago - PRNewsWire

Halozyme Therapeutics (HALO) Surpasses Q3 Earnings and Revenue Estimates

Halozyme Therapeutics (HALO) delivered earnings and revenue surprises of 42.31% and 11.23%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the sto...

4 months ago - Zacks Investment Research

HALOZYME REPORTS THIRD QUARTER 2022 FINANCIAL AND OPERATING RESULTS

Third Quarter Revenue Increased 80% YOY to $209 Million, with GAAP Diluted Earnings per Share of $0.44 and Non-GAAP Diluted Earnings per Share of $0.74 1 Record Third Quarter Royalty Revenue Increased...

4 months ago - PRNewsWire

Should You Buy Halozyme Therapeutics (HALO) Ahead of Earnings?

Halozyme Therapeutics (HALO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 months ago - Zacks Investment Research

Halozyme Therapeutics (HALO) Expected to Beat Earnings Estimates: Should You Buy?

Halozyme Therapeutics (HALO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Halozyme to Report Third Quarter 2022 Financial and Operating Results

SAN DIEGO , Oct. 25, 2022 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced it will release its third quarter 2022 financial and operating results on Tuesday, Nov...

5 months ago - PRNewsWire

Halozyme Therapeutics (HALO) Down 10.6% Since Last Earnings Report: Can It Rebound?

Halozyme Therapeutics (HALO) reported earnings 30 days ago. What's next for the stock?

7 months ago - Zacks Investment Research