Ligand Pharmaceuticals Incorporated

Ligand Pharmaceuticals Incorporated

LGND · NASDAQ · Healthcare / Biotechnology

308.79USD-7.48 (-2.37%)

Price History

Full chart

Market Stats

Previous Close316.27
Open313.98
Day Range308.59 – 314.79
52-Week Range175.56 – 326.63
Volume130.70K
Market Cap6.01B
P/E (TTM)31.02
Forward P/E24.81
EPS9.72
Dividend Yield0.00%
Beta0.98
50-Day Avg290.97
200-Day Avg238.13

About

Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, develops and licenses biopharmaceutical assets worldwide. It offers Pradefovir, Posaconazole, Voriconazole, CAPVAXIVE, NOXAFIL, MenFive, and ZELSUVMI for infectious disease; EVOMELA and KYPROLIS for multiple myeloma; FILSPARI for the treatment of immunoglobulin a nephropathy; PNEUMOSIL, a pneumococcal conjugate vaccine to help fight against pneumococcal pneumonia in children; and QARZIBA to treat neuroblastoma. The company also provides Teriparatide injection product for osteoporosis; RYLAZE, a recombinant erwinia asparaginase for acute lymphoblastic leukemia or lymphoblastic lymphoma in adult and pediatric patients; TZIELD, a CD3-directed antibody indicated to delay the onset of Stage 3 type 1 diabetes in adults and children aged 8 years and older with Stage 2 T1D; and VAXNEUVANCE for the prevention of invasive disease caused by streptococcus pneumoniae serotypes. In addition, it offers Duavee for menopause; Frovatriptan to treat Neurology; FYCOMPA and SESQUIENT for CNS; MEKINIST for cardiology; Nexterone, a captisol-enabled formulation of amiodarone; VEKLURY, an antiviral treatment for COVID-19; and Viviant for osteoporosis. Further, the company develops ACLX-002, Ciforadenant, UGN-301, Viright, MB07133, BOT/BAL, and Lasofoxifene for oncology; Ensifentrine for respiratory disease; QTORIN for rare disease; Sparsentan for kidney disease; VK2809 for hepatology; ANEB-001 for acute cannabinoid intoxication; Reproxalap for opthamology; VK0214 for Rare Disease; and VK5211 for musculoskeletal disorder. The company was incorporated in 1987 and is based in Jupiter, Florida.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMr. Todd C. Davis Ph.D.
  • Employees47
  • Headquarters555 Heritage Drive, Jupiter, FL, United States, 33458, USA
  • Websitehttps://www.ligand.com

Leadership

  • Mr. Todd C. Davis Ph.D.CEO & Director · b. 1961
  • Mr. Octavio EspinozaChief Financial Officer · b. 1971
  • Mr. Andrew T. Reardon J.D.Chief Legal Officer & Secretary · b. 1975
  • Mr. Paul J. HaddenSenior Vice President of Investments & Business Development
  • Ms. Melanie J. Herman CPAExecutive Director of Investor Relations and Financial Planning & Analysis · b. 1979
  • Ms. Marjorie FackovecHead of People Operations
  • Dr. Keith Marschke Ph.D.Senior Vice President of Biology & Scientific Affairs
  • Dr. Vincent D. Antle Ph.D.Senior Vice President of Technical Operations & QA - Capitsol · b. 1969
  • Dr. Karen R. Reeves M.D.Senior VP of Investments & Head of Clinical Strategy · b. 1950
  • Mr. Richard B. BaxterSenior VP of Investment Operations · b. 1963

Financials

Income Statement

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue13.30M24.50M36.80M51.70M17.70M40.90M48.11M76.34M96.64M141.14M163.51M176.61M140.96M12.89M27.32M38.94M23.54M30.04M31.39M48.97M64.54M71.91M108.97M141.10M251.45M120.28M163.56M241.54M196.25M131.31M167.13M268.09M
Growth (%)-+84.21%+50.20%+40.49%-65.76%+131.07%+17.63%+58.68%+26.59%+46.05%+15.85%+8.01%-20.18%-90.85%+111.84%+42.56%-39.55%+27.61%+4.50%+56.03%+31.78%+11.43%+51.53%+29.48%+78.21%-52.17%+35.98%+47.68%-18.75%-33.09%+27.28%+60.40%
Cost of Revenue24.70M-3.70M-9.40M-9.80M-7.70M3.10M1.62M13.95M20.31M31.62M39.80M39.85M22.64M58.73M41.70M15.23M6.46M4.91M3.60M5.73M9.14M5.81M5.57M5.37M6.34M11.35M30.42M62.18M52.83M35.05M11.07M6.59M
Gross Profit-11.40M28.20M46.20M61.50M25.40M37.80M46.49M62.39M76.33M109.52M123.71M136.76M118.32M12.89M27.32M23.70M23.54M25.13M27.79M43.24M55.40M66.11M103.40M135.74M245.12M108.94M133.14M179.37M143.42M96.27M156.06M261.50M
Gross Margin-85.71%115.10%125.54%118.96%143.50%92.42%96.64%81.73%78.99%77.60%75.66%77.44%83.94%100.00%100.00%60.88%100.00%83.66%88.53%88.29%85.84%91.93%94.89%96.20%97.48%90.57%81.40%74.26%73.08%73.31%93.37%97.54%
Operating Expense9.50M53.10M79.10M92.30M95.00M94.10M92.37M85.53M100.48M128.70M161.08M163.23M287.09M73.07M124.59M33.67M52.84M25.83M27.21M28.30M35.78M38.78M59.52M67.66M81.39M-698.14M95.64M75.52M140.38M84.32M178.66M214.30M
Operating Income-20.90M-24.90M-32.90M-30.80M-69.60M-56.30M-45.88M-23.14M-24.15M-19.18M-37.37M-26.47M-168.77M-60.17M-97.28M-9.97M-29.30M-698.00K574.00K14.94M19.63M27.33M43.88M68.08M163.73M807.08M37.50M103.85M3.04M11.94M-22.61M47.20M
Operating Margin-157.14%-101.63%-89.40%-59.57%-393.22%-137.65%-95.37%-30.31%-24.99%-13.59%-22.86%-14.99%-119.73%-466.69%-356.13%-25.60%-124.50%-2.32%1.83%30.51%30.41%38.00%40.27%48.25%65.11%670.99%22.93%42.99%1.55%9.09%-13.53%17.61%
EBITDA-18.40M-21.20M-23.50M-21.00M-65.10M-54.19M-38.64M-16.56M-35.13M-59.69M-22.10M-26.47M-61.86M-50.11M-96.26M-6.47M-13.13M1.74M3.94M20.62M23.37M29.96M55.17M81.15M238.30M876.12M56.67M142.77M81.20M100.84M40.79M192.74M
EBITDA Margin-138.35%-86.53%-63.86%-40.62%-367.80%-132.50%-80.31%-21.70%-36.35%-42.29%-13.51%-14.99%-43.89%-388.60%-352.41%-16.61%-55.79%5.79%12.56%42.10%36.21%41.66%50.63%57.51%94.77%728.38%34.65%59.11%41.38%76.79%24.41%71.89%
Net Income-27.10M-64.20M-37.30M-100.20M-117.90M-74.70M-72.38M-42.99M-32.60M-37.46M-45.14M-36.40M-31.74M281.69M-98.11M-1.95M-12.52M10.18M-527.00K11.42M12.02M257.31M-1.64M12.56M143.32M629.30M-2.98M57.14M-33.36M52.15M-4.03M124.45M
Net Income Margin-203.76%-262.04%-101.36%-193.81%-666.10%-182.64%-150.44%-56.32%-33.73%-26.54%-27.61%-20.61%-22.52%2184.64%-359.19%-5.00%-53.17%33.88%-1.68%23.32%18.63%357.80%-1.50%8.90%57.00%523.19%-1.82%23.66%-17.00%39.72%-2.41%46.42%
R&D-41.40M59.50M72.40M70.70M59.40M51.29M51.10M58.81M67.68M65.20M56.08M41.93M44.62M30.77M39.87M22.07M10.29M10.79M9.27M12.12M13.38M21.22M26.89M27.86M55.91M40.50M32.10M36.08M24.54M21.43M81.18M
R&D as % of Total Revenue-168.98%161.68%140.04%399.44%145.23%106.60%66.94%60.85%47.95%39.88%31.75%29.74%346.08%112.65%102.39%93.75%34.26%34.38%18.94%18.78%18.61%19.47%19.06%11.08%46.48%24.76%13.29%18.39%18.69%12.82%30.28%
Interest Expense000000006.29M10.97M011.14M10.61M735.00K202.00K270.00K58.00K2.51M3.31M2.08M4.86M11.80M12.18M11.40M48.28M35.74M27.41M19.62M1.80M656.00K3.04M4.71M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%6.51%7.77%0.00%6.31%7.53%5.70%0.74%0.69%0.25%8.35%10.53%4.24%7.53%16.41%11.18%8.08%19.20%29.72%16.76%8.12%0.92%0.50%1.82%1.76%

Balance Sheet

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets46.70M93.60M102.10M107.40M156.00M134.60M113.42M117.47M270.61M301.25M332.47M314.62M326.05M173.28M171.45M113.70M75.56M122.35M104.26M104.71M258.03M533.93M601.59M671.02M1.26B1.49B1.36B1.30B762.67M787.22M941.77M1.56B
Total Liabilities20.40M65.50M67.60M73.10M167.40M160.20M168.55M175.35M196.59M230.53M407.78M425.04M298.70M144.16M181.81M109.95M82.55M113.70M77.78M55.10M233.62M229.54M230.73M252.37M699.89M727.68M652.76M476.43M165.18M86.30M111.33M543.42M
Total Equity26.30M28.10M34.50M34.30M-11.40M-25.60M-55.13M-57.88M74.02M70.73M-75.32M-110.42M27.35M29.11M-10.37M3.74M-6.99M8.65M26.48M49.61M26.32M304.39M370.85M418.65M560.91M767.23M709.52M821.16M597.49M700.91M830.44M1.02B
Cash7.60M16.00M34.80M62.30M32.80M29.90M9.22M20.74M42.42M59.03M92.31M66.76M158.40M76.81M28.75M16.03M3.35M7.04M12.38M15.98M167.34M200.22M141.05M201.66M718.38M71.54M47.62M19.52M45.01M22.95M72.31M174.93M
Total Debt13.60M52.30M56.60M54.20M93.70M140.80M135.18M142.13M157.34M172.53M170.01M172.92M39.91M2.15M4.01M40.87M30.89M51.74M34.24M9.11M196.24M205.37M242.47M243.39M636.30M650.18M456.41M324.39M87.75M6.17M7.11M451.49M
Net Debt6.00M36.30M21.80M-8.10M60.90M110.90M125.96M121.38M114.91M113.50M77.70M106.16M-118.50M-74.66M-24.75M24.83M27.54M44.70M15.90M-6.87M28.91M5.15M71.86M22.87M-82.08M578.64M408.80M304.86M42.74M-16.79M-65.20M276.56M

Cash Flow

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-14.30M-37.90M-33.30M-13.40M-66.60M-60.50M-47.35M-19.91M-25.11M274.00K5.75M8.37M-138.52M-97.73M-20.63M-33.80M-27.07M-1.17M161.00K20.69M20.57M41.73M63.00M93.57M194.06M-29.34M54.59M78.80M137.85M49.58M97.05M49.36M
Investing Cash Flow1.10M28.60M7.50M4.30M-28.60M-24.90M14.65M-4.17M-105.25M-24.62M19.61M-33.72M196.87M343.84M-24.42M24.77M14.54M-25.13M1.26M-4.97M-2.03M-112.86M-143.19M-84.18M-423.27M466.92M231.65M30.52M163.62M-11.68M-143.66M-377.32M
Financing Cash Flow19.20M17.60M44.70M36.50M65.80M82.50M12.03M35.59M152.04M40.95M7.92M-201.00K33.30M-327.70M-3.01M-3.69M-159.00K30.00M3.92M-16.46M130.03M8.36M1.51M-7.52M328.58M-485.17M-310.55M-137.76M-275.99M-59.95M97.14M428.22M
Capital Expenditure600.00K200.00K400.00K4.30M2.40M39.50M1.08M1.97M3.16M2.78M3.60M35.60M1.78M440.00K495.00K522.00K70.00K78.00K8.64M4.94M4.50M10.86M28.32M7.15M11.89M2.55M4.46M8.76M17.92M53.85M19.64M452.00K
Free Cash Flow-14.90M-38.10M-33.70M-17.70M-69.00M-100.00M-48.44M-21.88M-28.27M-2.51M2.15M-27.23M-140.30M-98.17M-21.12M-34.32M-27.14M-1.25M-8.48M15.75M16.07M30.86M34.68M86.41M182.17M-31.89M50.13M70.04M119.93M-4.27M77.41M48.91M
Dividends Paid---------1.11M---252.56M---0000000-3.00M3.02M15.32M5.00M---
FCF to OCF104.20%100.53%101.20%132.09%103.60%165.29%102.29%109.92%112.59%-915.69%37.37%-325.53%101.29%100.45%102.40%101.54%100.26%106.66%-5268.94%76.14%78.12%73.97%55.05%92.35%93.87%108.70%91.83%88.88%87.00%-8.62%79.76%99.08%
Dividend Paid to FCF----------44.40%----257.27%---0.00%0.00%0.00%0.00%0.00%0.00%0.00%--9.40%6.02%21.87%4.17%---

Earnings

Report DateAug 15, 1994Oct 25, 1994Feb 16, 1995May 15, 1995Aug 15, 1995Nov 14, 1995Mar 28, 1996May 8, 1996Aug 14, 1996Nov 8, 1996Mar 31, 1997May 14, 1997Aug 14, 1997Nov 13, 1997Feb 5, 1998May 18, 1998Aug 14, 1998Nov 18, 1998Mar 30, 1999May 13, 1999Aug 16, 1999Nov 15, 1999Mar 10, 2000Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Apr 30, 2001Aug 1, 2001Oct 26, 2001Mar 11, 2002May 2, 2002Aug 13, 2002Nov 12, 2002Feb 25, 2003Apr 24, 2003Jul 28, 2003Oct 31, 2003Mar 3, 2004May 5, 2004Aug 3, 2004Nov 9, 2004Feb 15, 2005May 15, 2005Aug 9, 2005Dec 9, 2005Mar 16, 2006May 15, 2006Aug 9, 2006Nov 14, 2006Mar 15, 2007May 10, 2007Aug 8, 2007Nov 8, 2007Feb 20, 2008May 1, 2008Jul 31, 2008Nov 6, 2008Feb 12, 2009May 6, 2009Aug 3, 2009Nov 5, 2009Feb 9, 2010May 5, 2010Aug 5, 2010Nov 9, 2010Feb 15, 2011May 10, 2011Aug 8, 2011Nov 8, 2011Feb 7, 2012May 2, 2012Aug 8, 2012Nov 5, 2012Feb 13, 2013May 8, 2013Aug 1, 2013Oct 30, 2013Feb 11, 2014May 7, 2014Aug 4, 2014Oct 27, 2014Feb 9, 2015May 11, 2015Aug 4, 2015Nov 9, 2015Feb 10, 2016May 4, 2016Aug 4, 2016Nov 3, 2016Feb 23, 2017May 9, 2017Aug 7, 2017Nov 9, 2017Feb 21, 2018May 8, 2018Aug 6, 2018Nov 8, 2018Feb 7, 2019May 2, 2019Jul 30, 2019Nov 5, 2019Feb 6, 2020May 6, 2020Aug 3, 2020Oct 30, 2020Feb 3, 2021May 3, 2021Jul 29, 2021Nov 9, 2021Feb 17, 2022May 4, 2022Aug 8, 2022Nov 7, 2022Feb 22, 2023May 4, 2023Aug 8, 2023Nov 8, 2023Feb 27, 2024May 8, 2024Aug 6, 2024Nov 7, 2024Feb 25, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-2.58-2.92-2.58-2.64-8.52-0.90-1.86-1.59-1.65-1.77-1.88-1.77-1.86-1.80-1.11-2.16-2.25-1.23-1.22-1.80-0.78-1.86-1.35-----1.14-1.17-0.76-0.70-0.06-0.52-0.140.02-0.65-0.80-0.560.05-0.35-0.40-0.012.55---0.33-0.54--0.54-0.6610.1416.68-0.30-0.12-0.09-0.27-0.42-0.30-0.36-0.30-0.24-0.30-0.24-0.18-0.030.03-0.210.050.110.010.07-0.02-0.02-0.040.220.130.050.060.200.250.140.360.610.271.030.410.640.650.530.591.190.720.460.611.191.262.381.031.2215.450.550.620.650.660.760.981.091.131.361.041.370.660.430.431.190.890.660.620.660.831.061.351.191.210.211.930.631.801.341.42
EPS Actual-3.06-2.52-2.16-1.86-1.14-1.92-1.86-1.50-2.16-1.80-2.28-1.92-1.92-2.10-0.54-2.10-2.70-2.40-3.54-1.92-2.40-2.34-2.88-1.67-1.78-1.58-1.34-1.20-1.08-0.78-0.54-0.42-1.02-0.60-0.54-1.32-1.02-0.960.60-1.08-0.60-0.301.02-1.50-0.72-0.48-0.24-11.01-0.96-0.548.5216.32-0.48-0.300.36-0.30-0.42-0.60-0.12-0.30-0.24-0.180.06-0.12-0.011.240.310.48-0.05-0.080.25-0.03-0.19-0.010.140.070.070.120.350.350.240.360.600.331.810.560.660.970.500.621.250.570.670.691.311.552.591.321.701.160.680.490.710.891.001.041.621.411.631.581.800.761.031.311.362.281.421.021.381.201.401.841.271.330.243.092.121.632.22-
Surprise-18.60%13.70%16.28%29.55%86.62%-113.33%0.00%5.66%-30.91%-1.69%-21.28%-8.47%-3.23%-16.67%51.35%2.78%-20.00%-95.12%-190.16%-6.67%-207.69%-25.81%-113.33%-----5.26%7.69%-2.63%22.86%-600.00%-96.15%-328.57%-2800.00%-103.08%-27.50%-71.43%1100.00%-208.57%-50.00%-2900.00%-60.00%---45.45%55.56%--77.78%18.18%-15.98%-2.16%-60.00%-150.00%500.00%-11.11%0.00%-100.00%66.67%0.00%0.00%40.00%125.00%33.33%50.67%4033.33%247.62%860.00%-145.45%-900.00%257.14%-50.00%-850.00%75.00%-36.36%-46.15%40.00%100.00%75.00%40.00%71.43%0.00%-1.64%22.22%75.73%36.59%3.13%49.23%-5.66%5.08%5.04%-20.83%45.65%13.11%10.08%23.02%8.82%28.16%39.34%-92.49%23.64%-20.97%9.23%34.85%31.58%6.12%48.62%24.78%19.85%51.92%31.39%15.15%139.53%204.65%14.29%156.18%115.15%64.52%109.09%44.58%32.08%36.30%6.71%9.92%14.29%60.10%236.51%-9.44%65.67%-
Timing-----Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-----------------After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-Pre-marketPre-marketPre-marketPre-market-Pre-marketAfter-hours---After-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap6.01B
Enterprise Value5.72B
Trailing P/E31.02
Forward P/E24.81
PEG Ratio1.53
Price / Sales20.69
Price / Book6.16
EPS9.72
Book Value48.57
Revenue (TTM)290.54M
Gross Profit (TTM)235.92M
EBITDA133.01M
Profit Margin67.88%
Operating Margin13.49%
Return on Equity21.96%
Return on Assets3.99%
Shares Outstanding19.94M
Shares Float19.48M
Beta0.98
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 7 analystsTarget 344.25
  • Strong Buy
    4
  • Buy
    3

Ownership Breakdown

Institutions
116.03%
Insiders
2.35%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    2.96M14.86%
  • Vanguard Portfolio Management, LLC
    1.10M5.52%
  • HHG PLC
    1.01M5.07%
  • Vanguard Capital Management, LLC
    848.09K4.25%
  • Amvescap Plc.
    823.60K4.13%
  • State Street Corp
    778.86K3.91%
  • Congress Asset Management Company, LLP
    659.91K3.31%
  • FMR Inc
    596.13K2.99%
  • Delaware Management Holdings Inc
    573.31K2.88%
  • Franklin Templeton Inc
    573.18K2.88%
  • Geode Capital Management, LLC
    558.93K2.80%
  • Chicago Capital LLC
    553.43K2.78%
  • Stephens Inv Mgmt Group LLC
    475.61K2.39%
  • Dimensional Fund Advisors, Inc.
    429.31K2.15%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    1.22M6.13%
  • Vanguard MStar Total Stk Mkt Idx Invest
    607.18K3.05%
  • Invesco Discovery A
    581.38K2.92%
  • Franklin DynaTech A
    578.93K2.90%
  • iShares Russell 2000 ETF
    511.85K2.57%
  • Vanguard Small Cap Index
    438.05K2.20%

Dividends

20101×
0.46Jul 2, 2010
20071×
9.36Apr 3, 2007

Stock Splits

  • Nov 2, 20221603:1000
  • Nov 19, 20101:6