What Should You Know About Ionis Pharmaceuticals Before Investing?

Shares of Health Care sector company Ionis Pharmaceuticals moved 0.2% today, and are now trading at a price of $40.95. The mid-cap stock's daily volume was 42,122 compared to its average volume of 1,228,391. The S&P 500 index returned a 0.0% performance.

Ionis Pharmaceuticals, Inc. discovers and develops RNA-targeted therapeutics in the United States. The company is based in Carlsbad and has 796 full time employees. Its market capitalization is $5,859,617,280.

19 analysts are following Ionis Pharmaceuticals and have set target prices ranging from $26.0 to $88.0 per share. On average, they have given the company a rating of hold. At today's prices, IONS is trading -15.71% away from its average analyst target price of $48.58 per share.

Over the last year, IONS's share price has increased by 10.3%, which represents a difference of -5.0% when compared to the S&P 500. The stock's 52 week high is $48.82 per share whereas its 52 week low is $32.69. Ionis Pharmaceuticals's average free cash flow over the last 4 years has been $5.68 Million, but they have been decreasing at an average rate of -24.3%. This may prove a challenge to the long term sustainability of the stock's upwards trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cashflow ($ k) YoY Growth (%)
2022-12-31 -274,370 -20,099 -294,469 -2383.06
2021-12-31 30,799 -17,901 12,898 350.16
2020-12-31 35,892 -41,048 -5,156 -101.67
2019-12-31 345,720 -36,282 309,438 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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