Trade Advisor: GILD

Background

Gilead Sciences, Inc., a research-based bio-pharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical needs in the United States, Europe, and internationally. The company’s products include Biktarvy, Descovy, Odefsey, Genvoya, Stribild, Complera/Eviplera, Atripla, and Truvada for the treatment of human immunodeficiency virus (HIV) infection; and Vosevi, Vemlidy, Epclusa, Harvoni, and Viread products for treating liver diseases. It also provides Yescarta, a chimeric antigen receptor T cell therapy for adult patients with relapsed or refractory large B-cell lymphoma; Zydelig, a kinase inhibitor; Letairis, an oral formulation of an endothelin receptor antagonist for pulmonary arterial hypertension; Ranexa, a tablet to treat chronic angina; and AmBisome, an antifungal agent to treat serious invasive fungal infections. In addition, the company offers its products under the name Cayston, Emtriva, Hepsera, Sovaldi, and Tybost. Further, it develops product candidates for the treatment of viral diseases, inflammatory and fibrotic diseases, and oncology.

The company markets its products through its commercial teams; and in conjunction with third-party distributors and corporate partners. Gilead Sciences, Inc. has collaboration agreements with Bristol-Myers Squibb Company; Janssen Sciences Ireland UC; Japan Tobacco Inc.; Galapagos NV; Second Genome; Gadeta; Carna Biosciences Inc.; Nurix Therapeutics, Inc.; Humanigen, Inc.; Kiniksa Pharmaceuticals, Ltd.; Kyverna Therapeutics, Inc.; Glympse Bio, Inc.; Renown Institute for Health Innovation; Goldfinch Bio, Inc.; Insitro, Inc.; Novo Nordisk A/S; Yuhan Corporation; Kite Pharma, Inc.; and oNKo-innate Pty. Ltd.

The company was founded in 1987 and is headquartered in Foster City, California.


Sector: Healthcare

Industry: Drug Manufacturers—General

Market Cap(M$): 104,675

52 Week High: 85.97$

52 Week Low: 60.89$

Forward PE: 13.13$

Trailing PE: 19.70$

Q Earning Growth: 897.67%

pegRatio: 19.70


Analytics Recommendations

DateFirmTo GradeFrom GradeAction
09/03/2020RBC CapitalOutperformTop Pickdown
18/03/2020DZ BankBuyHoldup
19/03/2020Wells FargoOverweightmain
20/03/2020Piper SandlerOverweightNeutralup
07/04/2020Cantor FitzgeraldOverweightreiterate
17/04/2020BairdOutperformNeutralup
17/04/2020CFRASellHolddown
20/04/2020BMO CapitalMarket PerformOutperformdown
20/04/2020Wells FargoEqual-WeightOverweightdown
27/04/2020UBSNeutralBuydown

Earning and Revenue

 

The stock has been on a very volatile uptrend starting mid-February, once the 67$ level has been broken to the upside, the volatility, if fed by rumors that the company has a successful drug to treat the coronavirus, the price of the stock, will move up and down in strong moves as the rumors continue until we have verified announcement by the company, we maintain our bullish position on GILD as long as the price remains above the 75$ levels.

Trade Smartly,
Alon

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