Incyte Corporation (INCY)
NASDAQ: INCY · IEX Real-Time Price · USD
63.22
+0.86 (1.38%)
At close: Jun 21, 2024, 4:00 PM
62.50
-0.72 (-1.14%)
After-hours: Jun 21, 2024, 7:04 PM EDT

Incyte Statistics

Total Valuation

Incyte has a market cap or net worth of $14.22 billion. The enterprise value is $10.40 billion.

Market Cap 14.22B
Enterprise Value 10.40B

Important Dates

The next estimated earnings date is Tuesday, July 30, 2024, before market open.

Earnings Date Jul 30, 2024
Ex-Dividend Date n/a

Share Statistics

Incyte has 224.86 million shares outstanding. The number of shares has increased by 0.72% in one year.

Shares Outstanding 224.86M
Shares Change (YoY) +0.72%
Shares Change (QoQ) +0.34%
Owned by Insiders (%) 1.73%
Owned by Institutions (%) 97.28%
Float 192.09M

Valuation Ratios

The trailing PE ratio is 19.16 and the forward PE ratio is 13.38. Incyte's PEG ratio is 0.69.

PE Ratio 19.16
Forward PE 13.38
PS Ratio 3.77
Forward PS 3.33
PB Ratio 2.64
P/FCF Ratio 17.98
PEG Ratio 0.69
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.40, with an EV/FCF ratio of 13.15.

EV / Earnings 13.95
EV / Sales 2.76
EV / EBITDA 9.40
EV / EBIT 10.18
EV / FCF 13.15

Financial Position

The company has a current ratio of 3.47, with a Debt / Equity ratio of 0.01.

Current Ratio 3.47
Quick Ratio 3.29
Debt / Equity 0.01
Debt / EBITDA 0.03
Debt / FCF 0.04
Interest Coverage 406.46

Financial Efficiency

Return on equity (ROE) is 14.70% and return on invested capital (ROIC) is 9.27%.

Return on Equity (ROE) 14.70%
Return on Assets (ROA) 11.20%
Return on Capital (ROIC) 9.27%
Revenue Per Employee $1.49M
Profits Per Employee $295,342
Employee Count 2,524
Asset Turnover 0.57
Inventory Turnover 1.07

Taxes

In the past 12 months, Incyte has paid $273.07 million in taxes.

Income Tax 273.07M
Effective Tax Rate 26.81%

Stock Price Statistics

The stock price has increased by +2.15% in the last 52 weeks. The beta is 0.74, so Incyte's price volatility has been lower than the market average.

Beta (1Y) 0.74
52-Week Price Change +2.15%
50-Day Moving Average 56.28
200-Day Moving Average 57.91
Relative Strength Index (RSI) 71.63
Average Volume (20 Days) 5,876,473

Short Selling Information

The latest short interest is 11.66 million, so 5.19% of the outstanding shares have been sold short.

Short Interest 11.66M
Short Previous Month 7.54M
Short % of Shares Out 5.19%
Short % of Float 6.07%
Short Ratio (days to cover) 3.10

Income Statement

In the last 12 months, Incyte had revenue of $3.77 billion and earned $745.44 million in profits. Earnings per share was $3.30.

Revenue 3.77B
Gross Profit 3.51B
Operating Income 687.65M
Pretax Income 1.02B
Net Income 745.44M
EBITDA 1.11B
EBIT 1.02B
Earnings Per Share (EPS) $3.30
Full Income Statement

Balance Sheet

The company has $3.85 billion in cash and $32.61 million in debt, giving a net cash position of $3.82 billion or $16.99 per share.

Cash & Cash Equivalents 3.85B
Total Debt 32.61M
Net Cash 3.82B
Net Cash Per Share $16.99
Equity / Book Value 5.39B
Book Value Per Share 23.99
Working Capital 3.45B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $820.90 million and capital expenditures -$30.13 million, giving a free cash flow of $790.77 million.

Operating Cash Flow 820.90M
Capital Expenditures -30.13M
Free Cash Flow 790.77M
FCF Per Share $3.52
Full Cash Flow Statement

Margins

Gross margin is 93.12%, with operating and profit margins of 18.25% and 19.78%.

Gross Margin 93.12%
Operating Margin 18.25%
Pretax Margin 27.03%
Profit Margin 19.78%
EBITDA Margin 29.36%
EBIT Margin 27.10%
FCF Margin 20.99%

Dividends & Yields

Incyte does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.72%
Shareholder Yield -0.72%
Earnings Yield 5.24%
FCF Yield 5.56%
Dividend Details

Analyst Forecast

The average price target for Incyte is $71.43, which is 12.99% higher than the current price. The consensus rating is "Buy".

Price Target $71.43
Price Target Difference 12.99%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) 8.98%
EPS Growth Forecast (5Y) 24.74%
Stock Forecasts

Stock Splits

The last stock split was on September 1, 2000. It was a forward split with a ratio of 2:1.

Last Split Date Sep 1, 2000
Split Type Forward
Split Ratio 2:1

Scores

Incyte has an Altman Z-Score of 6.54 and a Piotroski F-Score of 5.

Altman Z-Score 6.54
Piotroski F-Score 5