Ligand Pharmaceuticals Incorporated (LGND)
NASDAQ: LGND · Real-Time Price · USD
308.13
-5.97 (-1.90%)
Sep 29, 2026, 10:43 AM EDT - Market open

Ligand Pharmaceuticals Statistics

Total Valuation

LGND has a market cap or net worth of $6.14 billion. The enterprise value is $5.92 billion.

Market Cap6.14B
Enterprise Value 5.92B

Important Dates

The next estimated earnings date is Thursday, November 5, 2026, before market open.

Earnings Date Nov 5, 2026
Ex-Dividend Date n/a

Share Statistics

LGND has 19.94 million shares outstanding. The number of shares has increased by 12.96% in one year.

Current Share Class 19.94M
Shares Outstanding 19.94M
Shares Change (YoY) +12.96%
Shares Change (QoQ) +9.83%
Owned by Insiders (%) 2.23%
Owned by Institutions (%) 115.74%
Float 19.48M

Valuation Ratios

The trailing PE ratio is 33.52 and the forward PE ratio is 44.65. LGND's PEG ratio is 1.87.

PE Ratio 33.52
Forward PE 44.65
PS Ratio 21.42
Forward PS 18.50
PB Ratio 6.47
P/TBV Ratio 9.48
P/FCF Ratio 47.35
P/OCF Ratio 47.25
PEG Ratio 1.87
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 45.09, with an EV/FCF ratio of 45.63.

EV / Earnings 30.41
EV / Sales 20.64
EV / EBITDA 45.09
EV / EBIT 59.91
EV / FCF 45.63

Financial Position

The company has a current ratio of 31.18, with a Debt / Equity ratio of 1.17.

Current Ratio 31.18
Quick Ratio 30.83
Debt / Equity 1.17
Debt / EBITDA 8.46
Debt / FCF 8.61
Interest Coverage 16.17

Financial Efficiency

Return on equity (ROE) is 21.96% and return on invested capital (ROIC) is 11.76%.

Return on Equity (ROE) 21.96%
Return on Assets (ROA) 3.99%
Return on Invested Capital (ROIC) 11.76%
Return on Capital Employed (ROCE) 4.68%
Weighted Average Cost of Capital (WACC) 8.21%
Revenue Per Employee $6.18M
Profits Per Employee $4.20M
Employee Count47
Asset Turnover 0.19
Inventory Turnover 4.24

Taxes

In the past 12 months, LGND has paid $40.74 million in taxes.

Income Tax 40.74M
Effective Tax Rate 17.12%

Stock Price Statistics

The stock price has increased by +84.73% in the last 52 weeks. The beta is 0.98, so LGND's price volatility has been similar to the market average.

Beta (5Y) 0.98
52-Week Price Change +84.73%
50-Day Moving Average 291.68
200-Day Moving Average 240.01
Relative Strength Index (RSI) 69.98
Average Volume (20 Days) 222,331

Short Selling Information

The latest short interest is 2.63 million, so 13.20% of the outstanding shares have been sold short.

Short Interest 2.63M
Short Previous Month 2.48M
Short % of Shares Out 13.20%
Short % of Float 13.51%
Short Ratio (days to cover) 14.08

Income Statement

In the last 12 months, LGND had revenue of $290.54 million and earned $197.22 million in profits. Earnings per share was $9.19.

Revenue290.54M
Gross Profit 235.92M
Operating Income 100.10M
Pretax Income 237.96M
Net Income 197.22M
EBITDA 133.01M
EBIT 100.10M
Earnings Per Share (EPS) $9.19
Full Income Statement

Balance Sheet

The company has $1.36 billion in cash and $1.13 billion in debt, with a net cash position of $226.31 million or $11.35 per share.

Cash & Cash Equivalents 1.36B
Total Debt 1.13B
Net Cash 226.31M
Net Cash Per Share $11.35
Equity (Book Value) 967.52M
Book Value Per Share 48.57
Working Capital 1.41B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $131.71 million and capital expenditures -$278,000, giving a free cash flow of $131.44 million.

Operating Cash Flow 131.71M
Capital Expenditures -278,000
Depreciation & Amortization 32.91M
Net Borrowing 850.93M
Free Cash Flow 131.44M
FCF Per Share $6.59
Full Cash Flow Statement

Margins

Gross margin is 81.20%, with operating and profit margins of 34.45% and 67.88%.

Gross Margin 81.20%
Operating Margin 34.45%
Pretax Margin 81.90%
Profit Margin 67.88%
EBITDA Margin 45.78%
EBIT Margin 34.45%
FCF Margin 45.24%

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
FCF Payout Ratio n/a
Buyback Yield -12.96%
Shareholder Yield -12.96%
Earnings Yield 3.17%
FCF Yield 2.11%

Analyst Forecast

The average price target for LGND is $344.18, which is 11.70% higher than the current price. The consensus rating is "Strong Buy".

Price Target $344.18
Price Target Difference 11.70%
Analyst Consensus Strong Buy
Analyst Count 10
Revenue Growth Forecast (3Y) 18.12%
EPS Growth Forecast (3Y) 20.72%
Stock Forecasts

Fair Value

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

Lynch Fair Value
Lynch Upside
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 3.31 and a Piotroski F-Score of 5.

Altman Z-Score 3.31
Piotroski F-Score 5