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Sagimet Biosciences Inc. SGMT

Set alert

Price alert · SGMT

All alert types
9.92 USD -0.51 -4.89%

At close · Oct 30

9.92 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
9.91 × 2
Ask
9.92 × 2
9.82 Day range 10.54
4.55 52-week range 11.17
YTD
+67.57%
1 year
+21.87%
Open
10.41
Prev close
10.43
Mkt cap
703.41M
Vol
989.15K
Avg vol
1.35M
EPS
-1.27
P/E
0.00
Div yield
0.00%
More statistics
Low
9.82
High
10.54
Forward P/E
-1.40
Beta
0.00
Short ratio
1.37
Inst. own
66.94%
Dividend
0.00
Ex-div date
Earnings
Aug 14, 2024
50-d avg
5.28
200-d avg
4.27
1y target
29.14

2Y chart

Chart tools
Interval

Events in this range
  • Oct 31, 2024Rating: HC Wainwright & Co. · Buy → Buy
  • Nov 12, 2024Rating: UBS · — → Buy
  • Nov 14, 2024Earnings: -0.45; estimate -0.47; surprise 4.26%
  • Nov 15, 2024Rating: HC Wainwright & Co. · Buy → Buy
  • Dec 6, 2024Rating: Oppenheimer · — → Outperform
Signals (95)
NameDateAgo
SMA: BearishOct 30, 20262 days ago
SMA: BullishOct 27, 20265 days ago
SMA: BullishOct 21, 20261 week ago
MACD: Buy SignalOct 20, 20261 week ago
RSI: OversoldOct 14, 20262 weeks ago
SMA: BearishOct 1, 20261 month ago
SMA: BullishSep 30, 20261 month ago
SMA: BearishSep 29, 20261 month ago
SMA: BullishSep 28, 20261 month ago
SMA: BearishSep 24, 20261 month ago
MACD: Sell SignalAug 31, 20262 months ago
RSI: OverboughtAug 26, 20262 months ago
RSI: OverboughtAug 14, 20262 months ago
RSI: OverboughtAug 7, 20262 months ago
MACD: Buy SignalAug 4, 20262 months ago
SMA: BullishAug 3, 20263 months ago
SMA: BearishJul 31, 20263 months ago
SMA: BullishJul 30, 20263 months ago
SMA: BearishJul 29, 20263 months ago
SMA: BullishJul 27, 20263 months ago
SMA: BearishJul 21, 20263 months ago
MACD: Sell SignalJul 20, 20263 months ago
SMA: BullishJul 14, 20263 months ago
MACD: Buy SignalJul 14, 20263 months ago
SMA: BearishJul 13, 20263 months ago
MACD: Sell SignalJul 13, 20263 months ago
SMA: BullishJun 26, 20264 months ago
SMA: BearishJun 24, 20264 months ago
SMA: BullishJun 22, 20264 months ago
MACD: Buy SignalJun 22, 20264 months ago
SMA: BullishJun 18, 20264 months ago
SMA: BearishJun 8, 20264 months ago
SMA: BearishJun 8, 20264 months ago
SMA: BullishMay 21, 20265 months ago
SMA: BearishMay 18, 20265 months ago
MACD: Sell SignalMay 11, 20265 months ago
SMA: BullishApr 27, 20266 months ago
RSI: OverboughtApr 27, 20266 months ago
SMA: BullishApr 13, 20266 months ago
SMA: BearishApr 10, 20266 months ago
SMA: BullishApr 8, 20266 months ago
MACD: Buy SignalMar 31, 20267 months ago
MACD: Sell SignalMar 13, 20267 months ago
SMA: BearishFeb 27, 20268 months ago
SMA: BullishFeb 24, 20268 months ago
MACD: Buy SignalFeb 24, 20268 months ago
MACD: Sell SignalFeb 5, 20268 months ago
SMA: BearishFeb 4, 20269 months ago
MACD: Buy SignalFeb 3, 20269 months ago
MACD: Sell SignalJan 29, 20269 months ago
MACD: Buy SignalJan 9, 20269 months ago
MACD: Sell SignalJan 6, 20269 months ago
MACD: Buy SignalDec 19, 202510 months ago
SMA: BearishDec 12, 202510 months ago
SMA: BullishDec 9, 202510 months ago
SMA: BearishDec 8, 202510 months ago
SMA: BullishDec 3, 202511 months ago
SMA: BearishDec 2, 202511 months ago
SMA: BearishNov 20, 202511 months ago
MACD: Sell SignalNov 13, 202511 months ago
MACD: Buy SignalNov 12, 202511 months ago
MACD: Sell SignalNov 4, 202512 months ago
MACD: Buy SignalOct 24, 20251 year ago
MACD: Sell SignalOct 23, 20251 year ago
SMA: BullishOct 20, 20251 year ago
SMA: BearishOct 17, 20251 year ago
SMA: BullishOct 9, 20251 year ago
MACD: Buy SignalSep 22, 20251 year ago
SMA: BearishAug 15, 20251 year ago
MACD: Sell SignalJul 11, 20251 year ago
MACD: Buy SignalJul 10, 20251 year ago
MACD: Sell SignalJun 30, 20251 year ago
RSI: OverboughtJun 20, 20251 year ago
RSI: OverboughtJun 5, 20251 year ago
MACD: Buy SignalMay 22, 20251 year ago
MACD: Sell SignalMay 21, 20251 year ago
MACD: Buy SignalMay 19, 20251 year ago
SMA: BullishMay 15, 20251 year ago
SMA: BearishMay 14, 20251 year ago
MACD: Sell SignalMay 14, 20251 year ago
SMA: BullishApr 28, 20251 year ago
MACD: Buy SignalApr 21, 20251 year ago
RSI: OversoldApr 16, 20251 year ago
RSI: OversoldApr 1, 20251 year ago
MACD: Sell SignalMar 31, 20251 year ago
SMA: BearishMar 25, 20251 year ago
SMA: BullishMar 24, 20251 year ago
MACD: Buy SignalMar 13, 20251 year ago
MACD: Sell SignalFeb 18, 20251 year ago
SMA: BearishFeb 6, 20251 year ago
SMA: BullishFeb 4, 20251 year ago
MACD: Buy SignalFeb 3, 20251 year ago
MACD: Sell SignalJan 14, 20251 year ago
MACD: Buy SignalJan 6, 20251 year ago
MACD: Sell SignalDec 31, 20241 year ago

Key statistics

Market cap
160.01M
Enterprise value
-906.07K
Trailing P/E
0.00
Forward P/E
-1.40
PEG ratio
0.00
Price / sales
80.01
Price / book
1.25
EPS (TTM)
-0.39
Beta
0.00
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
0.00%
Revenue (TTM)
2.00M
Revenue growth
0.00%
Free cash flow
-14.40M
Total cash
166.37M
Total debt
153.00K
Return on equity
-29.32%
Shares outstanding
30.67M
Short % of float
15.48%
50-day average
5.28
200-day average
4.27

Analyst view

Consensus: none

Price target (mean) 29.14 +193.8% upside
Target (low)
6.00
Target (mean)
29.14
Target (high)
67.00
Ratings (0m) 8 7 buy · 1 hold · 0 sell
  • Strong buy3
  • Buy4
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Aug 14, 2024

Expected Aug 14, 2024. Consensus EPS estimate -0.632.

Earnings history

Financials — quick view

All financials
SGMT Revenue — quarterly 0
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
SGMT Net income — quarterly -13.95M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
SGMT EPS — quarterly -0.26
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

SGMT recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 14, 2024Sep 1, 2024-0.47-0.45+0.02+4.26%
Aug 14, 2024Jun 1, 2024-0.34-0.25+0.09+26.47%
Aug 14, 2024Jun 1, 2024-0.34———
May 15, 2024Mar 1, 2024-0.41———
May 15, 2024Mar 1, 2024-0.41-0.23+0.18+43.90%
Mar 25, 2024Dec 1, 2023-0.57———

Upgrades / downgrades

SGMT analyst upgrades and downgrades
DateFirmActionFromTo
Dec 6, 2024Oppenheimerinit—Outperform
Nov 15, 2024HC Wainwright & Co.reitBuyBuy
Nov 12, 2024UBSinit—Buy
Oct 31, 2024HC Wainwright & Co.reitBuyBuy
Oct 2, 2024HC Wainwright & Co.reitBuyBuy
Aug 15, 2024JMP SecuritiesmainMarket OutperformMarket Outperform

About Sagimet Biosciences Inc.

Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional metabolic pathways in the United States. The company's lead drug candidate is Denifanstat, a once-daily pill and selective FASN inhibitor for the treatment of metabolic dysfunction associated steatohepatitis. It also develops TVB-3567, a FASN inhibitor for the treatment of acne; and other oncology programs. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.

Sector
Healthcare
Industry
Biotechnology
Country
United States
Website
sagimet.com

News

Your note

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Insider holders

SGMT insider holders
InsiderRelationLatest transactionDateShares held
HAPPEL DAVIDChief Executive OfficerPurchaseMar 25, 2024639,200
KEMBLE GEORGEOfficer and DirectorSaleJul 22, 2024118,693
KPCB PBD ASSOCIATES, L.L.C.Beneficial Owner of more than 10% of a Class of SecurityConversion of Exercise of derivative securityJul 17, 20230
MARTINS EDUARDO BRUNOOfficerSaleJul 18, 202481,213
NEW ENTERPRISE ASSOCIATES 13, L.P.Beneficial Owner of more than 10% of a Class of SecurityPurchaseJul 17, 20230
PARSEY MERDAD VDirectorStock Award(Grant)Jul 17, 202312,794

Institution ownership

SGMT institution ownership
Holder% heldSharesValueReported
Point72 Asset Management, L.P.7.80%2,393,92811.90MSep 29, 2024
NEA Management Company, LLC6.52%2,000,2759.94MSep 29, 2024
Blue Owl Capital Holdings LP5.46%1,673,8778.32MSep 29, 2024
Baker Bros. Advisors, LP4.50%1,381,8986.87MSep 29, 2024
Alyeska Investment Group, L.p.4.49%1,378,3586.85MSep 29, 2024
Citadel Advisors Llc3.96%1,215,8716.04MSep 29, 2024

Fund ownership

SGMT fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund2.49%763,9853.80MSep 29, 2024
BlackRock Health Sciences Term Trust1.33%408,1202.03MSep 29, 2024
Blackrock Funds-Health Sciences Opportunity Portfolio0.99%302,9301.51MAug 30, 2024
Vanguard Extended Market Index Fund0.80%246,1061.22MSep 29, 2024
Mutual Fund Ser Tr-AlphaCentric LifeSci Healthcare Fund0.60%185,000919.45KSep 29, 2024
Fidelity Extended Market Index Fund0.43%133,428663.14KOct 30, 2024
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