Incyte Corporation – A Fast Overview

By Blake Campbell • Wednesday, July 10 07:52 • Permanent Link

With gains of 4.3%, Incyte was one of the winners on Wall Street today. Its shares are now trading at $60.7 and have logged a 0.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

Incyte has moved -3.1% over the last year, and the S&P 500 logged a change of 24.7%
INCY has an average analyst rating of buy and is -15.29% away from its mean target price of $71.66 per share
Its trailing earnings per share (EPS) is $3.3
Incyte has a trailing 12 month Price to Earnings (P/E) ratio of 18.4 while the S&P 500 average is 27.65
Its forward earnings per share (EPS) is $5.33 and its forward P/E ratio is 11.4
The company has a Price to Book (P/B) ratio of 2.53 in contrast to the S&P 500's average ratio of 4.59
Incyte is part of the Health Care sector, which has an average P/E ratio of 27.53 and an average P/B of 3.61
INCY has reported YOY quarterly earnings growth of 670.5% and gross profit margins of 0.5%
The company has a free cash flow of $977.97 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Incyte Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics for hematology/oncology, and inflammation and autoimmunity areas in the United States and internationally. The company offers JAKAFI (ruxolitinib) for treatment of intermediate or high-risk myelofibrosis, polycythemia vera, and steroid-refractory acute graft-versus-host disease; MONJUVI (tafasitamab-cxix)/MINJUVI (tafasitamab) for relapsed or refractory diffuse large B-cell lymphoma; PEMAZYRE (pemigatinib), a fibroblast growth factor receptor kinase inhibitor that act as oncogenic drivers in liquid and solid tumor types; ICLUSIG (ponatinib) to treat chronic myeloid leukemia and Philadelphia-chromosome positive acute lymphoblastic leukemia; and ZYNYZ (retifanlimab-dlwr) to treat adults with metastatic or recurrent locally advanced Merkel cell carcinoma, as well as OPZELURA cream for treatment of atopic dermatitis. Its clinical stage products include retifanlimab under Phase 3 clinical trials for squamous cell carcinoma of the anal canal and non-small cell lung cancer; axatilimab, an anti-CSF-1R monoclonal antibody under Phase 2 that is being developed as a therapy for patients with chronic GVHD; INCA033989 to inhibit oncogenesis; INCB160058, which is being developed as a disease-modifying therapeutic; and INCB99280 and INCB99318 for the treatment solid tumors. The company also develops INCB123667, INCA32459, and INCA33890, as well as Ruxolitinib cream, Povorcitinib, and INCA034460. It has collaboration out-license agreements with Novartis and Lilly; in-license agreements with Agenus, Merus, MacroGenics, and Syndax; and collaboration and license agreement with China Medical System Holdings Limited for the development and commercialization of povorcitinib. The company sells its products to specialty, retail, and hospital pharmacies, distributors, and wholesalers. The company was formerly known as Incyte Genomics Inc and changed its name to Incyte Corporation in March 2003. Incyte Corporation was incorporated in 1991 and is headquartered in Wilmington, Delaware.

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