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Doing something would be a good start, desirable high growth companies don't typically drop 65% ... particularly when compared to the market
Meanwhile Nic is asleep at the switch doing nothing to stop it . Oh well guess he's happy to collect is generous Comp package and wait for the inevitable 20 take out
"Low risk promising stock" ??? Not sure a stock that drops 65% can be categorized low risk. Particularly given the lack of leadership within the company
Meanwhile Nic the FW has nothing to say while he collects his options and comp package
Good news! RBC just added Avid to their Small gap growth portfolios
That's a good one ! ??
Wow very impressive, he really stepped up
I guess you and your friends are busy shorting lately ... watch for buyout indicators ...dont want to get squeezed
Scripted ...uninteresting.. maybe you should talk about the 50% loss for shareholders and perhaps show a little passion and excitement for what you're doing ! Maybe next time get James earl jones to read your scripts
Unite ! Sycophants be cautious... if we miss target today our shares are going to drop like an anvil on the coyote
There was a large trade ... seriously?
Beyond ridiculous... no insider buying and no Leadership or communication from Nic ...brutal
Thanks WJ appreciate your comments, very frustrated with market action on CDMO of late doesn't help that I added to my position too early!
Good thing Nic is posting those videos on LinkedIn ... really doing a good job promoting this company
Looks like we will have a buying opportunity in the teens ...maybe even this week!
At some point II's will say enough is enough and then watch out the bounce up will be wild
Sure be nice see the company do anything to counter this baseless bloodbath
Clearly no institutions see it as a buying opportunity yet, if they did we would probably see a significant surge up. Getting back to October levels perhaps they are waiting for early September low in the teens
We have a monthly chinwag
I guess all the sycophants are huddling together "hoping". It would be nice to see some leadership from our CEO but guess he's too busy paying for fluff interviews extolling what a genius he is
Hedge funds, which spent December unloading high-growth, high-valuation stocks, began the new year by jettisoning software and chipmakers at a furious pace. During the four sessions through Tuesday, these sales reached the highest level in dollar terms in more than 10 years, data compiled by Goldman Sachs Group Inc.’s prime broker show.
The tech carnage worsened after minutes of the Federal Reserve’s last policy meeting pointed to earlier and faster rate hikes, uncovering “a more hawkish Fed than some may have expected,” said Mike Loewengart, managing director of investment strategy at E*Trade Financial
Gotta love this, $600 million dollars wiped out in 2 months in our little Bio... rest assured that is not material
IMO
As will all the sycophants find a way to complain about the realists
I'm well aware of the SEC definition, not relevant to this conversation
Sure I'd take anything right now!
30% loss on no news in 2 months is a material change, a good CEO would be talking up all that is great with the company as the absence of leadership implies negative news coming
It is disappointing that Nic can't be bothered to make any comments given material event of this sell-off. He should at a minimum restate everything on track at the company. Step up your game this isn't amateur hour anymore
Brutal start to 2022, wondering what it takes to turn the tide. It appears some think we are overvalued
Nice POS bounce today!!
Now closing in on 25% correction, hope we can find the bottom soon!
Tough crowd ... never hurts to take some profit off the table
Agreed, appears we got ahead of ourselves. I won't be surprised if we see more downside. Fortunate I sold 75% before the latest drop. I would buy some back in the low 20s if the opportunity arises. No miracle from St Nick today just thankful we at least met guidance.
It's all BS perhaps we're just overvalued?
Interesting to see us up today
Buying opportunity today!!
Don’t take my word for it, have a look at this beautiful discounted cash flow analysis from Simply Wall St:
Bottomline: current fair market value for Halozyme based on its discounted furure cash flow is $120.69.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Halozyme Therapeutics.
Details:
NasdaqGS:HALO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.2%
Perpetual Growth Rate 5-Year Average of US Long-Term Govt Bond Rate 2.0%
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
Calculation of Discount Rate/ Cost of Equity for NasdaqGS:HALO
Data Point Calculation/ Source Result
Risk-Free Rate 5-Year Average of US Long-Term Govt Bond Rate 2.0%
Equity Risk Premium S&P Global 4.4%
Biotechs Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = 0.33 + [(0.66 * Unlevered beta) * (1 + (1 - tax rate) (Debt/Market Equity))]
= 0.33 + [(0.66 * 0.857) * (1 + (1 - 21.0%) (15.35%))] 0.974
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm) 0.974
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.96% + (0.974 * 4.38%) 6.23%
Discounted Cash Flow Calculation for NasdaqGS:HALO using 2 Stage Free Cash Flow to Equity
The calculations below outline how an intrinsic value for Halozyme Therapeutics is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 10 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
NasdaqGS:HALO DCF 1st Stage: Next 10 years cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.23%)
2022 349.75 Analyst x4 329.25
2023 458 Analyst x4 405.88
2024 548.67 Analyst x3 457.73
2025 643.67 Analyst x3 505.51
2026 713.55 Est @ 10.86% 527.54
2027 771.97 Est @ 8.19% 537.28
2028 820.75 Est @ 6.32% 537.75
2029 861.88 Est @ 5.01% 531.6
2030 897.18 Est @ 4.1% 520.94
2031 928.18 Est @ 3.46% 507.35
Present value of next 10 years cash flows $4,860
NasdaqGS:HALO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value FCF2031 × (1 + g) ÷ (Discount Rate – g)
= $928.182 x (1 + 1.96%) ÷ (6.23% - 1.96% ) $22,181.65
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
$22,182 ÷ (1 + 6.23%)10 $12,124.56
NasdaqGS:HALO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $4,860 + $12,125 $16,984.56
Equity Value per Share
(USD) = Total value / Shares Outstanding
= $16,985 / 141 $120.69
NasdaqGS:HALO Discount to Share Price
Calculation Result
Value per share (USD) From above. $120.69
Current discount Discount to share price of $40.71
= ($120.69 - $40.71) / $120.69 66.3%
Learn more about our DCF calculations in Simply Wall St’s analysis model.
Close
Dare to dream!
This board seems to be obsessed with Halo, perhaps all of the Halo mavens could use the Halo board? Feels like half our content is Halo speculation. This board is for CDMO please respect that
Hear hear!
The only thing to dislike is how much money King is making on his shares