Rigel Pharmaceuticals Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 48/158 in the Pharmaceuticals industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 45.33.In the medium term, the stock price is expected to trend up.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Rigel Pharmaceuticals Inc's Score
Industry at a Glance
Industry Ranking
48 / 158
Overall Ranking
124 / 4563
Industry
Pharmaceuticals
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
45.333
Target Price
+4.45%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Rigel Pharmaceuticals Inc Highlights
StrengthsRisks
Rigel Pharmaceuticals, Inc. is a biotechnology company. The Company is engaged in developing and providing novel therapies that significantly improve the lives of patients with hematologic disorders and cancer. It is focused on products that address signaling pathways that are critical to disease mechanisms. Its first product is TAVALISSE (fostamatinib disodium hexahydrate) tablets, the approved oral spleen tyrosine kinase inhibitor for the treatment of adult patients with chronic immune thrombocytopenia (ITP) who have had an insufficient response to a previous treatment. Its second product is REZLIDHIA (olutasidenib) capsules for the treatment of adult patients with relapsed or refractory (R/R) acute myeloid leukemia (AML) with a susceptible isocitrate dehydrogenase-1 (IDH1) mutation as detected by an FDA-approved test. Its GAVRETO (pralsetinib) product is a once daily, small molecule, oral, kinase inhibitor of wild type rearranged during transfection (RET) and oncogenic RET fusions.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 49.10% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PE is 6.94, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 14.62M shares, decreasing 5.18% quarter-over-quarter.
Rigel Pharmaceuticals, Inc. is a biotechnology company. The Company is engaged in developing and providing novel therapies that significantly improve the lives of patients with hematologic disorders and cancer. It is focused on products that address signaling pathways that are critical to disease mechanisms. Its first product is TAVALISSE (fostamatinib disodium hexahydrate) tablets, the approved oral spleen tyrosine kinase inhibitor for the treatment of adult patients with chronic immune thrombocytopenia (ITP) who have had an insufficient response to a previous treatment. Its second product is REZLIDHIA (olutasidenib) capsules for the treatment of adult patients with relapsed or refractory (R/R) acute myeloid leukemia (AML) with a susceptible isocitrate dehydrogenase-1 (IDH1) mutation as detected by an FDA-approved test. Its GAVRETO (pralsetinib) product is a once daily, small molecule, oral, kinase inhibitor of wild type rearranged during transfection (RET) and oncogenic RET fusions.
Ticker SymbolRIGL
CompanyRigel Pharmaceuticals Inc
CEORodriguez (Raul R)
Website
FAQs
What is the current price of Rigel Pharmaceuticals Inc (RIGL)?
The current price of Rigel Pharmaceuticals Inc (RIGL) is 44.010.
What is the symbol of Rigel Pharmaceuticals Inc?
The ticker symbol of Rigel Pharmaceuticals Inc is RIGL.
What is the 52-week high of Rigel Pharmaceuticals Inc?
The 52-week high of Rigel Pharmaceuticals Inc is 52.240.
What is the 52-week low of Rigel Pharmaceuticals Inc?
The 52-week low of Rigel Pharmaceuticals Inc is 15.500.
What is the market capitalization of Rigel Pharmaceuticals Inc?
The market capitalization of Rigel Pharmaceuticals Inc is 798.52M.
What is the net income of Rigel Pharmaceuticals Inc?
The net income of Rigel Pharmaceuticals Inc is 17.48M.
Is Rigel Pharmaceuticals Inc (RIGL) currently rated as Buy, Hold, or Sell?
According to analysts, Rigel Pharmaceuticals Inc (RIGL) has an overall rating of Buy, with a price target of 45.333.
What is the Earnings Per Share (EPS TTM) of Rigel Pharmaceuticals Inc (RIGL)?
The Earnings Per Share (EPS TTM) of Rigel Pharmaceuticals Inc (RIGL) is 6.340.