Market Cap 6.51B
Revenue (ttm) 1.02B
Net Income (ttm) 444.09M
EPS (ttm) N/A
PE Ratio 12.46
Forward PE 10.23
Profit Margin 43.74%
Debt to Equity Ratio 3.13
Volume 5,661,700
Avg Vol 2,390,740
Day's Range N/A - N/A
Shares Out 123.22M
Stochastic %K 6%
Beta 1.19
Analysts Sell
Price Target $67.00

Company Profile

Halozyme Therapeutics, Inc., a biopharmaceutical company, researches, develops, and commercializes of proprietary enzymes and devices in the United States and internationally. The company's products are based on the patented recombinant human hyaluronidase enzyme (rHuPH20) that enables delivery of injectable biologics, such as monoclonal antibodies and other therapeutic molecules, as well as small molecules and fluids. It offers Hylenex recombinant, a formulation of rHuPH20 that facilitates subc...

Industry: Biotechnology
Sector: Healthcare
Phone: 858 794 8889
Fax: 858 704 8311
Address:
12390 El Camino Real, San Diego, United States
Sean29md
Sean29md Jun. 16 at 2:02 PM
$HALO Even if CMS discount (2028) applies to Enhanze combo therapeutics (unlikely), according to this article (seeking alpha see below) only Darzelex Faspro will be on the discount list. Darzelx Faspro outside of US and for patients with commercial insurance (not Medicare or Medicaid) will not face this 25% discount. So in terms of the effects on Halozyme earnings, it will be limited to one product (out of 10 approved so far) for CMS patients in the US only and only for a limited time (once biosimilar Darzalex is available, CMS is not allowed to disount per IRB). Based on my calculations the net effect on halo earnings would be around 5-7% for a limited time. Based on PE and PEG ratios, Halo is already trading at 50% discount compared to sector and industry. Huge overreaction! https://seekingalpha.com/article/4794953-halozyme-therapeutics-waters-become-muddled#scroll_comments
0 · Reply
whiteboytrippin
whiteboytrippin Jun. 16 at 1:57 PM
$HALO https://www.nasdaq.com/articles/why-halozyme-therapeutics-halo-top-value-stock-long-term-4
1 · Reply
scalesojustice
scalesojustice Jun. 11 at 3:16 PM
$HALO didn't Helen say 'early' June we will hear about MRK case?...it's time, todays rally maybe the prelude to favorable developments
0 · Reply
ballyhooo
ballyhooo Jun. 11 at 3:00 PM
$HALO DARZALEX Conversion: The shift to subcutaneous administration reduces treatment time from 3-4 hours to 3-5 minutes. FESGO Reimbursement: Strong adoption in China, driven by reimbursement policies. Vyvgart Hytulo Launch: The prefilled syringe launch allows for a 20-minute subcutaneous injection, enhancing patient convenience. Ocrevus Market Expansion: The subcutaneous version is expanding market reach, with early launches showing 50% of patients new to Ocrevus. Amivantamab Infusion Reaction Reduction: Subcutaneous administration reduces infusion-related reactions from 66% to 13%.
0 · Reply
whiteboytrippin
whiteboytrippin Jun. 10 at 5:03 PM
$HALO Move it, boy.
0 · Reply
Sean29md
Sean29md Jun. 10 at 4:17 PM
$HALO part 2: … For the discerning investors, the answer is no. Anybody spending enough time to read quarterly reports knows that halozyme has given multi-year earnings projections that are based on Enhanze and does not include a dime of revenue from MDASE. So if halo win the MDASE battle with Merck, it would be icing on the cake but if Halo loses, it will not diminish their multi-year guidance by a dime. Regarding CMS, if the decision goes against Halo, at worst, one or two of halo's partnered products may end up on the list of 15 CMS negotiated/discounted drugs. This means a 25% discount only on those 2 meds and only in the US. About half of Enhanze earnings come from outside US and will not be affected. So it would really be a 12.5% discount only. Would any of this justify a PE ration at less than half of market's or peers' PE’s???
0 · Reply
Sean29md
Sean29md Jun. 10 at 4:16 PM
$HALO part 1: Let's for a moment, assume the worst possible scenarios: 1) Merck does not sign a licencing agreement for MDASE 2) Merck succeeds (very unlikely) to invalidate every single claim (about 20 in each patent) in all 13 patents that are in PGR's 3) Merck wins the infringement New Jersey court case (also unlikely) 4) CMS final guidelines does not recognize (unlikely) the significant clinical benefits (reduces side effects, improved efficacy, pt funstion, etc.) of ENHANZE Even if all 4 of these unlikely scenarios take place, should a company with an EPS CAGR of +25% (far better than market and industry averages) and EBITDA margins growing 8% per year from 51% to 73%-75% (also better than market and industry averages) be trading at a PEG ratio of 0.3 and 2025 PE ratio of 10 when average S&P 500 and average biopharma is trading in PE ratios of mid 20's?
0 · Reply
Sean29md
Sean29md Jun. 9 at 6:32 PM
0 · Reply
JR603
JR603 Jun. 9 at 6:02 PM
$HALO Goldman Sachs Conference - HALO ..... looks like a series of home runs to me!!! https://www.investing.com/news/transcripts/halozyme-at-goldman-sachs-conference-subcutaneous-innovation-drives-growth-93CH-4087223
0 · Reply
Sean29md
Sean29md Jun. 9 at 5:42 PM
$HALO during last earnings call, CEO stated: “Obviously, the PGR we consider to be frankly a little bit of a sideshow. PGRs tend to be filed when companies are concerned that they are infringing and they seek to invalidate the patents. We feel very confident in our ability to prevail in those PGRs. And even if they were to win one or two of the PGRs because there are several in place, we do not believe that will have any impact at all on our infringement at case where we have multiple additional claims that are not subject to the PGR that are the basis of that infringement case. So, two very separate things. The most important one is actually the actual lawsuit that we filed. I’d keep your attention on that one.” https://www.stockinsights.ai/us/0001159036/earnings-transcript/fy25-q1-e012
0 · Reply
Latest News on HALO
Halozyme to Participate at Upcoming Investor Conferences

May 28, 2025, 4:05 PM EDT - 25 days ago

Halozyme to Participate at Upcoming Investor Conferences


Halozyme Therapeutics: Still Undervalued Ahead Of Earnings

May 1, 2025, 9:06 AM EDT - 7 weeks ago

Halozyme Therapeutics: Still Undervalued Ahead Of Earnings


Halozyme Joins the $1 Billion Club

Mar 21, 2025, 7:35 AM EDT - 3 months ago

Halozyme Joins the $1 Billion Club


Halozyme: Recent Approvals Alter My Appetite

Dec 31, 2024, 2:41 AM EST - 6 months ago

Halozyme: Recent Approvals Alter My Appetite


Halozyme to Present at Upcoming Investor Conferences

Nov 27, 2024, 8:30 AM EST - 7 months ago

Halozyme to Present at Upcoming Investor Conferences


Halozyme withdraws $2.1 bln buyout offer for Evotec

Nov 22, 2024, 8:55 AM EST - 7 months ago

Halozyme withdraws $2.1 bln buyout offer for Evotec

EVO


Halozyme CEO: Evotec Is Poised for Growth

Nov 18, 2024, 4:00 PM EST - 7 months ago

Halozyme CEO: Evotec Is Poised for Growth

EVO


Halozyme: Looking For More Growth Following Record Q3 Earnings

Nov 5, 2024, 12:24 PM EST - 8 months ago

Halozyme: Looking For More Growth Following Record Q3 Earnings


Halozyme Announces Record Earnings, Guidance

Nov 1, 2024, 11:42 AM EDT - 8 months ago

Halozyme Announces Record Earnings, Guidance


Top 2 Health Care Stocks That May Plunge In August

Aug 26, 2024, 7:53 AM EDT - 10 months ago

Top 2 Health Care Stocks That May Plunge In August

ONC


Sean29md
Sean29md Jun. 16 at 2:02 PM
$HALO Even if CMS discount (2028) applies to Enhanze combo therapeutics (unlikely), according to this article (seeking alpha see below) only Darzelex Faspro will be on the discount list. Darzelx Faspro outside of US and for patients with commercial insurance (not Medicare or Medicaid) will not face this 25% discount. So in terms of the effects on Halozyme earnings, it will be limited to one product (out of 10 approved so far) for CMS patients in the US only and only for a limited time (once biosimilar Darzalex is available, CMS is not allowed to disount per IRB). Based on my calculations the net effect on halo earnings would be around 5-7% for a limited time. Based on PE and PEG ratios, Halo is already trading at 50% discount compared to sector and industry. Huge overreaction! https://seekingalpha.com/article/4794953-halozyme-therapeutics-waters-become-muddled#scroll_comments
0 · Reply
whiteboytrippin
whiteboytrippin Jun. 16 at 1:57 PM
$HALO https://www.nasdaq.com/articles/why-halozyme-therapeutics-halo-top-value-stock-long-term-4
1 · Reply
scalesojustice
scalesojustice Jun. 11 at 3:16 PM
$HALO didn't Helen say 'early' June we will hear about MRK case?...it's time, todays rally maybe the prelude to favorable developments
0 · Reply
ballyhooo
ballyhooo Jun. 11 at 3:00 PM
$HALO DARZALEX Conversion: The shift to subcutaneous administration reduces treatment time from 3-4 hours to 3-5 minutes. FESGO Reimbursement: Strong adoption in China, driven by reimbursement policies. Vyvgart Hytulo Launch: The prefilled syringe launch allows for a 20-minute subcutaneous injection, enhancing patient convenience. Ocrevus Market Expansion: The subcutaneous version is expanding market reach, with early launches showing 50% of patients new to Ocrevus. Amivantamab Infusion Reaction Reduction: Subcutaneous administration reduces infusion-related reactions from 66% to 13%.
0 · Reply
whiteboytrippin
whiteboytrippin Jun. 10 at 5:03 PM
$HALO Move it, boy.
0 · Reply
Sean29md
Sean29md Jun. 10 at 4:17 PM
$HALO part 2: … For the discerning investors, the answer is no. Anybody spending enough time to read quarterly reports knows that halozyme has given multi-year earnings projections that are based on Enhanze and does not include a dime of revenue from MDASE. So if halo win the MDASE battle with Merck, it would be icing on the cake but if Halo loses, it will not diminish their multi-year guidance by a dime. Regarding CMS, if the decision goes against Halo, at worst, one or two of halo's partnered products may end up on the list of 15 CMS negotiated/discounted drugs. This means a 25% discount only on those 2 meds and only in the US. About half of Enhanze earnings come from outside US and will not be affected. So it would really be a 12.5% discount only. Would any of this justify a PE ration at less than half of market's or peers' PE’s???
0 · Reply
Sean29md
Sean29md Jun. 10 at 4:16 PM
$HALO part 1: Let's for a moment, assume the worst possible scenarios: 1) Merck does not sign a licencing agreement for MDASE 2) Merck succeeds (very unlikely) to invalidate every single claim (about 20 in each patent) in all 13 patents that are in PGR's 3) Merck wins the infringement New Jersey court case (also unlikely) 4) CMS final guidelines does not recognize (unlikely) the significant clinical benefits (reduces side effects, improved efficacy, pt funstion, etc.) of ENHANZE Even if all 4 of these unlikely scenarios take place, should a company with an EPS CAGR of +25% (far better than market and industry averages) and EBITDA margins growing 8% per year from 51% to 73%-75% (also better than market and industry averages) be trading at a PEG ratio of 0.3 and 2025 PE ratio of 10 when average S&P 500 and average biopharma is trading in PE ratios of mid 20's?
0 · Reply
Sean29md
Sean29md Jun. 9 at 6:32 PM
0 · Reply
JR603
JR603 Jun. 9 at 6:02 PM
$HALO Goldman Sachs Conference - HALO ..... looks like a series of home runs to me!!! https://www.investing.com/news/transcripts/halozyme-at-goldman-sachs-conference-subcutaneous-innovation-drives-growth-93CH-4087223
0 · Reply
Sean29md
Sean29md Jun. 9 at 5:42 PM
$HALO during last earnings call, CEO stated: “Obviously, the PGR we consider to be frankly a little bit of a sideshow. PGRs tend to be filed when companies are concerned that they are infringing and they seek to invalidate the patents. We feel very confident in our ability to prevail in those PGRs. And even if they were to win one or two of the PGRs because there are several in place, we do not believe that will have any impact at all on our infringement at case where we have multiple additional claims that are not subject to the PGR that are the basis of that infringement case. So, two very separate things. The most important one is actually the actual lawsuit that we filed. I’d keep your attention on that one.” https://www.stockinsights.ai/us/0001159036/earnings-transcript/fy25-q1-e012
0 · Reply
Sean29md
Sean29md Jun. 9 at 5:28 PM
$HALO Merck clearly knew they were infringing on Halozyme's patents. There is a good chance they (Merck) is now putting up a fight simply to get the best terms in a negotiated MDASE license with halo. They (Merck) were successful in getting the USPO to institute a review on one of Halozyme's patents. Although Merck will ultimately lose some (if not all) of the PGR's, this (the initiation of a review) is a small win for Merck. However, it will likely be all downhill from here for Merck's position. If they don't negotiate a deal with halo now, they will have to do so from a weaker position later, especially if New Jersey court puts a hold on SC Keytruda in an injuction.
0 · Reply
Sean29md
Sean29md Jun. 9 at 12:45 PM
$HALO Let's see what Helen has to say about Merck at Goldman Sachs at 10 am ET.
3 · Reply
NobVega
NobVega Jun. 5 at 5:44 PM
$HALO Back in $53.52. Patent cases could take a year and if Halo's injunction is approved, MRK will settle.
0 · Reply
Sean29md
Sean29md Jun. 5 at 2:44 PM
$HALO “Btw, Merck is using the PTAB, a mechanism to review wrongly-granted patents, to challenge Halozyme’s patents. Ironically, PhRMA, where Merck is a long-standing member, is lobbying to pass the PREVAIL Act to gut that very mechanism.”
0 · Reply
Sean29md
Sean29md Jun. 5 at 1:30 PM
$HALO Not all these PGR's are the same. For some (eg. 003, 004 and 009), Halozyme did not file a Discretionary Denial motion. But for others (eg. 006 and 017), Halozyme did. Merck needs to win all of these PGR's. Halo needs only one to go its way. https://portal.unifiedpatents.com/ptab/case/PGR2025-00006
0 · Reply
kej32
kej32 Jun. 5 at 11:10 AM
$HALO Ok guess after that worthless downgrade we will be stuck in purgatory until the next ER. At least management explained what the real deal was and there is nothing to fear. I’m good with that for now. Easy hold and if they are stupid enough to push this into the $40’s I’m happily pick up more!
0 · Reply
Sean29md
Sean29md Jun. 4 at 4:51 PM
$HALO Halozyme officers and directors, if you do not have enough confidence to personally buy shares at a PEG ratio of 0.3 and 2025 PE ratio of 10, you should step down and let others lead. It is absolutely absurd for a company with EPS CAGR of +25% and EBITDA margins growing 8% per year from 51% to 73%-75% to be trading at such ridiculously low valuations. Do your jobs or step down. https://www.nasdaq.com/market-activity/stocks/halo/price-earnings-peg-ratios
1 · Reply
StockHunter75
StockHunter75 Jun. 4 at 3:11 PM
$HALO buying more.
0 · Reply
Rogerd9999
Rogerd9999 Jun. 4 at 2:06 PM
Looks like some very effective Bearish articles have been entered into the fray to influence random readers...if patents are to be eliminated so easily...all heck will break loose in every industry.....yes i hold a bullish long term position in HALO.......$HALO
0 · Reply
Sean29md
Sean29md Jun. 4 at 1:49 PM
$HALO … So for Merck to succeed they have to successfully invalidate every single claim (about 20 in each patent) in every single patent (the 12 they are trying to invalidate through 12 PGR filings), AND win the jury infringement trial (separate matter than PGR’s) for everyone of these 12 patents plus the additional 3 patents that they are not even disputing through PGR’s.
1 · Reply
Sean29md
Sean29md Jun. 4 at 1:49 PM
$HALO $HALO Halozyme One more reason (not mentioned in my previous post) why odds favor Halozyme's sucsess in the patent dispute: Merck would have to prevail in invalidating every single claim in every single PGR. For example in patent #600 (PGR 006) alone, there are about 21 claims in different categories. Claims 1-4, 8-10: Focus on the modified PH20 polypeptide itself, either as a base composition • Claims 11-13: Cover genetic tools (nucleic acid, vector, host cell) for producing the polypeptide. • Claims 14-18: Cover pharmaceutical compositions • Claims 19-20: Describe methods of administering the compositions. • Claim 21: Describes a method of manufacturing the polypeptide. “If any of these remaining claims are upheld as patentable following the trial, the ’600 patent will remain valid with respect to those claims. Conversely, if all remaining claims are found unpatentable, the patent would be invalidated.”
2 · Reply
Tru_Green
Tru_Green Jun. 4 at 12:21 PM
$HALO : On May 6th, the Halozyme CEO said she considers the PGR patent petitions 'a little bit of a sideshow':
1 · Reply