Sagimet Biosciences Inc. SGMT
9.99 USD +0.04 (+0.40%)
At closeNov 4, 2026, 5:00 PM EST
9.85 -0.14 -1.40%
After hours · Nov 4, 5:00 PM ET
9.64 Day range 10.43
4.50 52-week range 11.45
- YTD
- +68.75%
- 1 year
- +31.27%
- Market cap
- 708.38M
- Revenue (ttm)
- 2.00M
- EPS (ttm)
- -1.27
- Shares out
- 30.67M
- Forward P/E
- -1.40
- YTD return
- +68.75%
- 1-year return
- +31.27%
- Volume
- 755.91K
- Avg volume
- 1.30M
- Open
- 10.25
- Previous close
- 9.95
- Day's range
- 9.64 – 10.43
- 52-week range
- 4.50 – 11.45
- Price target
- 29.14 (+191.7%)
- Earnings date
- Aug 14, 2024
2Y +4.17 (+71.77%)
Key statistics
- Enterprise value
- -906.07K
- PEG ratio
- 0.00
- Price / sales
- 80.01
- Price / book
- 1.25
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 0.00%
- Free cash flow
- -14.40M
- Total cash
- 166.37M
- Total debt
- 153.00K
- Return on equity
- -29.32%
- Short % of float
- 15.48%
- 50-day average
- 5.28
- 200-day average
- 4.27
Analyst view
Price target (mean) 29.14 +191.7% upside
Now 9.99
- 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.
Financials — quick view
SGMT Revenue — quarterly 0
SGMT Net income — quarterly -13.95M
SGMT EPS — quarterly -0.26
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 14, 2024 | Sep 1, 2024 | -0.47 | -0.45 | +0.02 | +4.26% |
| Aug 14, 2024 | Jun 1, 2024 | -0.34 | -0.25 | +0.09 | +26.47% |
| Aug 14, 2024 | Jun 1, 2024 | -0.34 | — | — | — |
| May 15, 2024 | Mar 1, 2024 | -0.41 | — | — | — |
| May 15, 2024 | Mar 1, 2024 | -0.41 | -0.23 | +0.18 | +43.90% |
| Mar 25, 2024 | Dec 1, 2023 | -0.57 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 6, 2024 | Oppenheimer | init | — | Outperform |
| Nov 15, 2024 | HC Wainwright & Co. | reit | Buy | Buy |
| Nov 12, 2024 | UBS | init | — | Buy |
| Oct 31, 2024 | HC Wainwright & Co. | reit | Buy | Buy |
| Oct 2, 2024 | HC Wainwright & Co. | reit | Buy | Buy |
| Aug 15, 2024 | JMP Securities | main | Market Outperform | Market 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
Sagimet Biosciences Announces Participation in Upcoming Investor Conference and Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) 
Wall Street Analysts Think Sagimet Biosciences Inc. (SGMT) Could Surge 168.24%: Read This Before Placing a Bet 
Sagimet Biosciences Doses First Patient In AURORA, Pivotal U.S. Phase 3 Clinical Trial Of Denifanstat In Adults With Moderate To Severe Acne 
Sagimet Biosciences Announces First Patient Dosed in AURORA Phase 3 U.S. Clinical Trial of Denifanstat for Moderate to Severe Acne 
Sagimet Biosciences: The U.S. Acne Trial Is A Replication Exercise, Not A Discovery Bet 
Applied Dna Sciences (NASDAQ:BNBX) & Sagimet Biosciences (NASDAQ:SGMT) Head to Head Comparison 
After Plunging 27.9% in 4 Weeks, Here's Why the Trend Might Reverse for Sagimet Biosciences Inc. (SGMT) 
Sagimet Biosciences To Present 52-Week Results From Its Phase 3 ASC40-304 Open-Label Extension Of Denifanstat In Patients With Moderate To Severe Acne Vulgaris At The 2026 Fall Clinical Dermatology Conference, October 8-11 
Sagimet To Present Positive Full 52-Week Results from License Partner Ascletis' Phase 3 Open-Label Extension Clinical Trial of Denifanstat in Acne and Mechanistic Data at the 2026 Fall Clinical Dermatology Conference 
Sagimet Biosciences (NASDAQ:SGMT) Stock Rating Reaffirmed as “Buy” by HC Wainwright
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| HAPPEL DAVID | Chief Executive Officer | Purchase | Mar 25, 2024 | 639,200 |
| KEMBLE GEORGE | Officer and Director | Sale | Jul 22, 2024 | 118,693 |
| KPCB PBD ASSOCIATES, L.L.C. | Beneficial Owner of more than 10% of a Class of Security | Conversion of Exercise of derivative security | Jul 17, 2023 | 0 |
| MARTINS EDUARDO BRUNO | Officer | Sale | Jul 18, 2024 | 81,213 |
| NEW ENTERPRISE ASSOCIATES 13, L.P. | Beneficial Owner of more than 10% of a Class of Security | Purchase | Jul 17, 2023 | 0 |
| PARSEY MERDAD V | Director | Stock Award(Grant) | Jul 17, 2023 | 12,794 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Point72 Asset Management, L.P. | 7.80% | 2,393,928 | 11.90M | Sep 29, 2024 |
| NEA Management Company, LLC | 6.52% | 2,000,275 | 9.94M | Sep 29, 2024 |
| Blue Owl Capital Holdings LP | 5.46% | 1,673,877 | 8.32M | Sep 29, 2024 |
| Baker Bros. Advisors, LP | 4.50% | 1,381,898 | 6.87M | Sep 29, 2024 |
| Alyeska Investment Group, L.p. | 4.49% | 1,378,358 | 6.85M | Sep 29, 2024 |
| Citadel Advisors Llc | 3.96% | 1,215,871 | 6.04M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2.49% | 763,985 | 3.80M | Sep 29, 2024 |
| BlackRock Health Sciences Term Trust | 1.33% | 408,120 | 2.03M | Sep 29, 2024 |
| Blackrock Funds-Health Sciences Opportunity Portfolio | 0.99% | 302,930 | 1.51M | Aug 30, 2024 |
| Vanguard Extended Market Index Fund | 0.80% | 246,106 | 1.22M | Sep 29, 2024 |
| Mutual Fund Ser Tr-AlphaCentric LifeSci Healthcare Fund | 0.60% | 185,000 | 919.45K | Sep 29, 2024 |
| Fidelity Extended Market Index Fund | 0.43% | 133,428 | 663.14K | Oct 30, 2024 |