Investing for the Long-Run: Positive Signs for ImmunoGen, Inc. (IMGN)

    Gregory Richard J., Executive VP & CSO, subtracted 3,038 shares of ImmunoGen, Inc. (IMGN) from its portfolio at the rate of $5.27 per share valuing $16,014 on Jan 07. The insider left behind 236,056 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of ImmunoGen, Inc. (IMGN) was $2.83. Currently, the 1st Resistance Point for this stock is $2.89, with a 2nd Resistance Point sitting at $2.94. Meanwhile, this company’s stock has a 1st Support Level at $2.79 and a 2nd Support Level at $2.75. ImmunoGen, Inc. (IMGN) stock has gained $0.33, or 13.20%, in the past five days. In the last full month, these shares have gained $0.39, or 15.98%. In the past three months, this stock’s price has fallen by -$0.42, or -12.92%. This year-to-date, ImmunoGen, Inc. (IMGN) shares have lost -$1.97, or -41.04%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For ImmunoGen, Inc. (IMGN) stock, 50% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Sell .”

    With 149,885 K shares outstanding, this company currently has a market capitalization of $430,170K. ImmunoGen, Inc. (IMGN) generates $53,450 K in annual sales, amounting to annual net income of -$168,840 K. This stock has generated a 1-Year Total Return of -68.34%, a 3-Year Total Return of -6.29%, and a 5-year Total Return of -75.43%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

    In the most recently-reported fiscal quarter, which ended in Mar-19, ImmunoGen, Inc. (IMGN) reported earnings of -$0.30 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.20 per share, representing a -0.1 difference and -50.00% surprise. In the previous quarter ending in Dec-18, the reported earnings of -$0.28 represented a 0.04 difference from the consensus estimate calling for -$0.32 per share, which was a -12.23% surprise.

    For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is -$0.19 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was -$0.16 and the low estimate was -$0.23. In the year-ago quarter, ImmunoGen, Inc. (IMGN) generated per-share earnings of -$0.31. If the analysts are correct about the current quarter’s earnings, the growth will be +38.71%.

    Turning our focus now to insider trading activity, there have been 6 purchases (29,686 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 6 insider buys amounting to 29,686 shares and 0 insider sales amounting to 0 shares. In the past full year, 13 insider purchases were made (involving 73,222 shares) and 3 insider sell-offs equivalent to 14,740 shares.

    Moving onto liquidity, ImmunoGen, Inc. (IMGN) has a Current Ratio of 3.95, a Quick Ratio of 3.95 and a Cash Ratio of 3.71. Looking at this company’s capital structure, its Total Debt to Total Equity is 1,369.75, its Total Debt to Total Capital is 93.20, and its Total Debt to Total Assets is now 50.88. Looking even further ahead into the future, its Long-Term Debt to Equity is 1,133.88 and its Long-Term Debt to Total Capital is 77.15.