Ligand Pharmaceuticals Incorporated (LGND)
NASDAQ: LGND · Real-Time Price · USD
209.52
-1.47 (-0.70%)
At close: Mar 18, 2026, 4:00 PM EDT
209.52
0.00 (0.00%)
After-hours: Mar 18, 2026, 4:10 PM EDT

Ligand Pharmaceuticals Statistics

Total Valuation

LGND has a market cap or net worth of $4.18 billion. The enterprise value is $3.90 billion.

Market Cap4.18B
Enterprise Value 3.90B

Important Dates

The next estimated earnings date is Thursday, May 7, 2026, before market open.

Earnings Date May 7, 2026
Ex-Dividend Date n/a

Share Statistics

LGND has 19.94 million shares outstanding. The number of shares has increased by 10.96% in one year.

Current Share Class 19.94M
Shares Outstanding 19.94M
Shares Change (YoY) +10.96%
Shares Change (QoQ) +2.47%
Owned by Insiders (%) 2.34%
Owned by Institutions (%) 106.00%
Float 19.47M

Valuation Ratios

The trailing PE ratio is 34.18 and the forward PE ratio is 38.07. LGND's PEG ratio is 2.55.

PE Ratio 34.18
Forward PE 38.07
PS Ratio 15.58
Forward PS 15.19
PB Ratio 4.07
P/TBV Ratio 6.05
P/FCF Ratio 85.43
P/OCF Ratio 84.65
PEG Ratio 2.55
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 48.12, with an EV/FCF ratio of 79.66.

EV / Earnings 31.31
EV / Sales 14.53
EV / EBITDA 48.12
EV / EBIT 82.55
EV / FCF 79.66

Financial Position

The company has a current ratio of 22.23, with a Debt / Equity ratio of 0.44.

Current Ratio 22.23
Quick Ratio 21.83
Debt / Equity 0.44
Debt / EBITDA 5.52
Debt / FCF 9.23
Interest Coverage 10.01

Financial Efficiency

Return on equity (ROE) is 13.47% and return on invested capital (ROIC) is 5.02%.

Return on Equity (ROE) 13.47%
Return on Assets (ROA) 2.36%
Return on Invested Capital (ROIC) 5.02%
Return on Capital Employed (ROCE) 3.10%
Weighted Average Cost of Capital (WACC) 9.05%
Revenue Per Employee $5.70M
Profits Per Employee $2.65M
Employee Count47
Asset Turnover 0.21
Inventory Turnover 8.24

Taxes

In the past 12 months, LGND has paid $34.51 million in taxes.

Income Tax 34.51M
Effective Tax Rate 21.71%

Stock Price Statistics

The stock price has increased by +90.56% in the last 52 weeks. The beta is 1.04, so LGND's price volatility has been similar to the market average.

Beta (5Y) 1.04
52-Week Price Change +90.56%
50-Day Moving Average 197.47
200-Day Moving Average 171.50
Relative Strength Index (RSI) 56.62
Average Volume (20 Days) 222,050

Short Selling Information

The latest short interest is 1.38 million, so 6.91% of the outstanding shares have been sold short.

Short Interest 1.38M
Short Previous Month 1.37M
Short % of Shares Out 6.91%
Short % of Float 7.08%
Short Ratio (days to cover) 7.51

Income Statement

In the last 12 months, LGND had revenue of $268.09 million and earned $124.45 million in profits. Earnings per share was $6.13.

Revenue268.09M
Gross Profit 172.36M
Operating Income 47.20M
Pretax Income 158.96M
Net Income 124.45M
EBITDA 80.97M
EBIT 47.20M
Earnings Per Share (EPS) $6.13
Full Income Statement

Balance Sheet

The company has $733.52 million in cash and $451.54 million in debt, with a net cash position of $281.98 million or $14.14 per share.

Cash & Cash Equivalents 733.52M
Total Debt 451.54M
Net Cash 281.98M
Net Cash Per Share $14.14
Equity (Book Value) 1.02B
Book Value Per Share 51.44
Working Capital 794.82M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $49.36 million and capital expenditures -$452,000, giving a free cash flow of $48.91 million.

Operating Cash Flow 49.36M
Capital Expenditures -452,000
Free Cash Flow 48.91M
FCF Per Share $2.45
Full Cash Flow Statement

Margins

Gross margin is 64.29%, with operating and profit margins of 17.61% and 46.42%.

Gross Margin 64.29%
Operating Margin 17.61%
Pretax Margin 59.29%
Profit Margin 46.42%
EBITDA Margin 30.20%
EBIT Margin 17.61%
FCF Margin 18.24%

Dividends & Yields

LGND 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 -10.96%
Shareholder Yield -10.96%
Earnings Yield 2.98%
FCF Yield 1.17%

Analyst Forecast

The average price target for LGND is $245.00, which is 16.93% higher than the current price. The consensus rating is "Strong Buy".

Price Target $245.00
Price Target Difference 16.93%
Analyst Consensus Strong Buy
Analyst Count 7
Revenue Growth Forecast (5Y) 11.73%
EPS Growth Forecast (5Y) 19.28%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number
Graham Upside

Stock Splits

The last stock split was on November 19, 2010. It was a reverse split with a ratio of 1:6.

Last Split Date Nov 19, 2010
Split Type Reverse
Split Ratio 1:6

Scores

LGND has an Altman Z-Score of 4.44 and a Piotroski F-Score of 5.

Altman Z-Score 4.44
Piotroski F-Score 5