Ligand Pharmaceuticals Incorporated (LGND)
NASDAQ: LGND · Real-Time Price · USD
316.27
-0.56 (-0.18%)
At close: Nov 12, 2026, 4:00 PM EST
317.00
+0.73 (0.23%)
After-hours: Nov 12, 2026, 7:59 PM EST

Ligand Pharmaceuticals Statistics

Total Valuation

LGND has a market cap or net worth of $6.33 billion. The enterprise value is $7.03 billion.

Market Cap6.33B
Enterprise Value 7.03B

Important Dates

The last earnings date was Thursday, October 29, 2026, before market open.

Earnings Date Oct 29, 2026
Ex-Dividend Date n/a

Share Statistics

LGND has 20.00 million shares outstanding. The number of shares has increased by 10.50% in one year.

Current Share Class 20.00M
Shares Outstanding 20.00M
Shares Change (YoY) +10.50%
Shares Change (QoQ) -8.59%
Owned by Insiders (%) 2.23%
Owned by Institutions (%) 116.19%
Float 19.55M

Valuation Ratios

The trailing PE ratio is 132.25 and the forward PE ratio is 45.16. LGND's PEG ratio is 1.85.

PE Ratio 132.25
Forward PE 45.16
PS Ratio 24.92
Forward PS 18.06
PB Ratio 6.58
P/TBV Ratio 14.00
P/FCF Ratio 69.81
P/OCF Ratio 69.50
PEG Ratio 1.85
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 98.40, with an EV/FCF ratio of 77.60.

EV / Earnings 136.67
EV / Sales 27.71
EV / EBITDA 98.40
EV / EBIT 192.65
EV / FCF 77.60

Financial Position

The company has a current ratio of 1.22, with a Debt / Equity ratio of 1.20.

Current Ratio 1.22
Quick Ratio 1.16
Debt / Equity 1.20
Debt / EBITDA 16.01
Debt / FCF 12.74
Interest Coverage 4.46

Financial Efficiency

Return on equity (ROE) is 5.38% and return on invested capital (ROIC) is 2.96%.

Return on Equity (ROE) 5.38%
Return on Assets (ROA) 1.23%
Return on Invested Capital (ROIC) 2.96%
Return on Capital Employed (ROCE) 2.10%
Weighted Average Cost of Capital (WACC) 8.52%
Revenue Per Employee $5.40M
Profits Per Employee $1.09M
Employee Count47
Asset Turnover 0.14
Inventory Turnover 2.67

Taxes

In the past 12 months, LGND has paid $1.27 million in taxes.

Income Tax 1.27M
Effective Tax Rate 2.41%

Stock Price Statistics

The stock price has increased by +51.54% 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 +51.54%
50-Day Moving Average 301.33
200-Day Moving Average 257.80
Relative Strength Index (RSI) 55.44
Average Volume (20 Days) 215,841

Short Selling Information

The latest short interest is 2.50 million, so 12.51% of the outstanding shares have been sold short.

Short Interest 2.50M
Short Previous Month 2.68M
Short % of Shares Out 12.51%
Short % of Float 12.80%
Short Ratio (days to cover) 9.25

Income Statement

In the last 12 months, LGND had revenue of $253.83 million and earned $51.46 million in profits. Earnings per share was $2.39.

Revenue253.83M
Gross Profit 218.61M
Operating Income 36.51M
Pretax Income 52.73M
Net Income 51.46M
EBITDA 71.48M
EBIT 36.51M
Earnings Per Share (EPS) $2.39
Full Income Statement

Balance Sheet

The company has $447.40 million in cash and $1.15 billion in debt, with a net cash position of -$706.81 million or -$35.34 per share.

Cash & Cash Equivalents 447.40M
Total Debt 1.15B
Net Cash -706.81M
Net Cash Per Share -$35.34
Equity (Book Value) 961.76M
Book Value Per Share 48.09
Working Capital 107.67M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $91.03 million and capital expenditures -$405,000, giving a free cash flow of $90.63 million.

Operating Cash Flow 91.03M
Capital Expenditures -405,000
Depreciation & Amortization 34.97M
Net Borrowing 504.18M
Free Cash Flow 90.63M
FCF Per Share $4.53
Full Cash Flow Statement

Margins

Gross margin is 86.12%, with operating and profit margins of 14.38% and 20.27%.

Gross Margin 86.12%
Operating Margin 14.38%
Pretax Margin 20.77%
Profit Margin 20.27%
EBITDA Margin 28.16%
EBIT Margin 14.38%
FCF Margin 35.70%

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 -10.50%
Shareholder Yield -10.50%
Earnings Yield 0.76%
FCF Yield 1.43%

Analyst Forecast

The average price target for LGND is $361.27, which is 14.23% higher than the current price. The consensus rating is "Strong Buy".

Price Target $361.27
Price Target Difference 14.23%
Analyst Consensus Strong Buy
Analyst Count 11
Revenue Growth Forecast (3Y) 18.60%
EPS Growth Forecast (3Y) 19.84%
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
Graham Formula Value
Graham Formula 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 2.72 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.72
Piotroski F-Score 5