NASDAQ:SGMT Sagimet Biosciences (SGMT) Stock Price, News & Analysis → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free SGMT Stock Alerts $4.62 -0.13 (-2.74%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$4.54▼$4.7650-Day Range$3.90▼$5.7352-Week Range$2.13▼$20.71Volume269,303 shsAverage Volume423,149 shsMarket Capitalization$147.42 millionP/E RatioN/ADividend YieldN/APrice Target$38.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Sagimet Biosciences alerts: Email Address Sagimet Biosciences MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside739.8% Upside$38.80 Price TargetShort InterestBearish12.78% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.50Based on 13 Articles This WeekInsider TradingAcquiring Shares$63,767 Bought Last QuarterProj. Earnings GrowthDecreasingFrom ($2.01) to ($3.99) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.89 out of 5 starsMedical Sector477th out of 920 stocksPharmaceutical Preparations Industry220th out of 427 stocks 3.5 Analyst's Opinion Consensus RatingSagimet Biosciences has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSagimet Biosciences has only been the subject of 4 research reports in the past 90 days.Read more about Sagimet Biosciences' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted12.78% of the float of Sagimet Biosciences has been sold short.Short Interest Ratio / Days to CoverSagimet Biosciences has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sagimet Biosciences has recently increased by 6.28%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSagimet Biosciences does not currently pay a dividend.Dividend GrowthSagimet Biosciences does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SGMT. Previous Next 2.5 News and Social Media Coverage News SentimentSagimet Biosciences has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Sagimet Biosciences this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for SGMT on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat Follows9 people have added Sagimet Biosciences to their MarketBeat watchlist in the last 30 days. This is an increase of 29% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sagimet Biosciences insiders have bought more of their company's stock than they have sold. Specifically, they have bought $63,767.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders17.60% of the stock of Sagimet Biosciences is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions87.86% of the stock of Sagimet Biosciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Sagimet Biosciences' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Sagimet Biosciences are expected to decrease in the coming year, from ($2.01) to ($3.99) per share.Price to Book Value per Share RatioSagimet Biosciences has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Sagimet Biosciences' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaThe Overlooked Retirement Asset You Probably Don’t Own4 out of 5 Americans believe we’re on the brink of a retirement crisis. Luckily, in these unprecedented times, we have an unprecedented solution. Once considered a “fringe” investment, the crypto market is now taking the world by storm.Click here to access the Crypto Retirement Blueprint now. About Sagimet Biosciences Stock (NASDAQ:SGMT)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.Read More SGMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SGMT Stock News HeadlinesMay 18 at 4:16 AM | americanbankingnews.comSagimet Biosciences (NASDAQ:SGMT) PT Lowered to $23.00May 16 at 8:00 AM | globenewswire.comSagimet Biosciences to Host Virtual Investor and Analyst Day on Inhibiting Fatty Acid Synthase (FASN) to Reduce Liver Fat, Inflammation and Fibrosis in MASH on May 23, 2024May 16 at 1:32 AM | americanbankingnews.comSagimet Biosciences Inc. (NASDAQ:SGMT) Given Consensus Recommendation of "Buy" by BrokeragesMay 16 at 12:50 AM | morningstar.comSagimet Biosciences Inc Class A SharesMay 16 at 12:50 AM | markets.businessinsider.comSagimet Biosciences: Strong Buy Rating on Robust Financials and Promising NASH Treatment TrialsMay 15 at 2:12 PM | investorplace.comSGMT Stock Earnings: Sagimet Biosciences Beats EPS for Q1 2024May 15 at 8:00 AM | globenewswire.comSagimet Biosciences Reports First Quarter 2024 Financial Results and Provides Corporate UpdatesMay 7, 2024 | finance.yahoo.comSagimet Announces Oral Presentation of Data from the Phase 2b FASCINATE-2 Study of Denifanstat in MASH at EASL International Liver Congress 2024May 6, 2024 | marketwatch.comSagimet Biosciences Names Thierry Chauche Chief Financial OfficerMay 6, 2024 | finanznachrichten.deSagimet Biosciences Inc.: Sagimet Biosciences Announces Appointment of Thierry Chauche as Chief Financial OfficerMay 6, 2024 | globenewswire.comSagimet Biosciences Announces Appointment of Thierry Chauche as Chief Financial OfficerMay 2, 2024 | msn.comHC Wainwright & Co. Initiates Coverage of Sagimet Biosciences (SGMT) with Buy RecommendationApril 22, 2024 | globenewswire.comSagimet Biosciences to Host Virtual Investor and Analyst Day on Inhibiting Fatty Acid Synthase (FASN) to Reduce Liver Fat, Inflammation and Fibrosis in MASH on May 3, 2024March 28, 2024 | finance.yahoo.comSagimet Biosciences Inc (SGMT) Reports Full Year 2023 Financial Results: A Close LookMarch 27, 2024 | globenewswire.comSagimet Biosciences Announces Completion of Phase 1 Hepatic Impairment Study with FASN Inhibitor DenifanstatMarch 25, 2024 | markets.businessinsider.comStrong Buy Recommendation: Sagimet Biosciences’ Unique NASH Drug and Solid Financials Signal Market Growth PotentialMarch 25, 2024 | markets.businessinsider.comSagimet Biosciences: Strong Buy on Robust Financials and Promising NASH Drug TrialsMarch 25, 2024 | msn.comSagimet Biosciences GAAP EPS of -$2.66 beats by $34.65, revenue of $2M in-lineMarch 25, 2024 | globenewswire.comSagimet Biosciences Announces Appointment of Tim Walbert and Paul Hoelscher to its Board of DirectorsMarch 25, 2024 | globenewswire.comSagimet Biosciences Reports Full Year 2023 Financial Results and Provides Corporate UpdatesFebruary 29, 2024 | globenewswire.comSagimet Biosciences to Participate in Two Upcoming Investor ConferencesFebruary 25, 2024 | benzinga.comSagimet Biosciences Stock (NASDAQ:SGMT) Dividends: History, Yield and DatesFebruary 24, 2024 | msn.comSagimet Biosciences (SGMT) Price Target Increased by 17.19% to 51.00February 23, 2024 | finance.yahoo.comPainful week for retail investors invested in Sagimet Biosciences Inc. (NASDAQ:SGMT) after 22% drop, institutions also suffered lossesFebruary 17, 2024 | morningstar.comSagimet Biosciences Inc Class A Shares SGMTSee More Headlines Receive SGMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sagimet Biosciences and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/21/2023Today5/17/2024Next Earnings (Estimated)8/19/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:SGMT CUSIPN/A CIK1400118 Websagimet.com Phone650-561-8600FaxN/AEmployees8Year FoundedN/APrice Target and Rating Average Stock Price Target$38.80 High Stock Price Target$67.00 Low Stock Price Target$23.00 Potential Upside/Downside+739.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio17.09 Quick Ratio17.09 Sales & Book Value Annual Sales$2 million Price / Sales73.71 Cash FlowN/A Price / Cash FlowN/A Book Value$3.98 per share Price / Book1.16Miscellaneous Outstanding Shares31,910,000Free Float26,297,000Market Cap$147.42 million OptionableNot Optionable BetaN/A 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesDr. George W. Kemble Ph.D. (Age 62)Executive Chairman of the Board Comp: $484kMr. David A. Happel (Age 62)CEO, President & Director Comp: $836.18kDr. Eduardo Bruno Martins DPhil (Age 61)M.D., Ph.D., Chief Medical Officer Comp: $649.33kMr. Urs Greber Ph.D.Co-FounderDr. Lucas Pelkmans Ph.D.Co-FounderMr. Joseph Oriti (Age 44)Interim Principal Financial Officer & Interim Principal Accounting Officer Ms. Elizabeth Rozek Esq. (Age 52)J.D., General Counsel & Chief Compliance Officer Dr. Marie O'Farrell Ph.D.Senior Vice President of Research & DevelopmentMore ExecutivesKey CompetitorsSkye BioscienceNASDAQ:SKYECervoMedNASDAQ:CRVORepare TherapeuticsNASDAQ:RPTXCytomX TherapeuticsNASDAQ:CTMXProQR TherapeuticsNASDAQ:PRQRView All CompetitorsInsiders & InstitutionsArtal Group S.A.Sold 200,000 shares on 5/17/2024Ownership: 2.271%Ikarian Capital LLCBought 412,565 shares on 5/17/2024Ownership: 1.293%Baker BROS. Advisors LPSold 74,620 shares on 5/15/2024Ownership: 4.331%Hhlr Advisors LTD.Sold 724,743 shares on 5/15/2024Ownership: 2.271%Price T Rowe Associates Inc. MDBought 16,705 shares on 5/15/2024Ownership: 0.052%View All Insider TransactionsView All Institutional Transactions SGMT Stock Analysis - Frequently Asked Questions Should I buy or sell Sagimet Biosciences stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sagimet Biosciences in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SGMT shares. View SGMT analyst ratings or view top-rated stocks. What is Sagimet Biosciences' stock price target for 2024? 7 Wall Street research analysts have issued 1-year price objectives for Sagimet Biosciences' stock. Their SGMT share price targets range from $23.00 to $67.00. On average, they anticipate the company's stock price to reach $38.80 in the next year. This suggests a possible upside of 739.8% from the stock's current price. View analysts price targets for SGMT or view top-rated stocks among Wall Street analysts. How have SGMT shares performed in 2024? Sagimet Biosciences' stock was trading at $5.42 at the beginning of the year. Since then, SGMT shares have decreased by 14.8% and is now trading at $4.62. View the best growth stocks for 2024 here. When is Sagimet Biosciences' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 19th 2024. View our SGMT earnings forecast. How were Sagimet Biosciences' earnings last quarter? Sagimet Biosciences Inc. (NASDAQ:SGMT) released its earnings results on Monday, August, 21st. The company reported ($35.80) earnings per share for the quarter, missing analysts' consensus estimates of ($0.50) by $35.30. When did Sagimet Biosciences IPO? Sagimet Biosciences (SGMT) raised $85 million in an IPO on Friday, July 14th 2023. The company issued 5,312,500 shares at $16.00 per share. Who are Sagimet Biosciences' major shareholders? Sagimet Biosciences' stock is owned by many different retail and institutional investors. Top institutional shareholders include NEA Management Company LLC (6.27%), Baker BROS. Advisors LP (4.33%), Vanguard Group Inc. (3.57%), Hhlr Advisors LTD. (2.27%), Artal Group S.A. (2.27%) and Ikarian Capital LLC (1.29%). Insiders that own company stock include Beth C Seidenberg, David Happel and Enterprise Associates 13 L New. View institutional ownership trends. How do I buy shares of Sagimet Biosciences? Shares of SGMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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