Oct. 11 at 4:14 PM
$HALO 2025 PE ratio estimate is now with a 10 handle (10.9, see link below). I think this is the lowest current full calendar year estimated PE halozyme has ever traded at since it became profitable 5 years ago.
The 2024 PE ratio is 16. This means that for halo to maintain the same PE ratio in 2025 as 2024, by the end of 4th quarter 2025 (let's say Feb 2026 when halozyme releases the 4th quarter earnings) PE has to go from 10 to 16. That is a 60% appreciation in shareprice and this would not even factor in the increase in earnings quarter over quarter.
In other words, even with the same valuations and assuming zero increase in earnings (which we know will not be the case), halozyme is due for massive run up.
60% increase, would take it to
$102. And the amazing thing about that share price is that it will represent a PE of only 16; still be a bargain for a +70% profit margin company with +25% EPS CAGR.
https://www.nasdaq.com/market-activity/stocks/halo/price-earnings-peg-ratios