Regeneron Pharmaceuticals Stock To $902?

REGN: Regeneron Pharmaceuticals logo
REGN
Regeneron Pharmaceuticals

Regeneron Pharmaceuticals (REGN) stock has jumped 22% during the past month, and is currently trading at $693.50. Our multi-factor assessment suggests that it may be time to buy more shares of REGN stock. We have, overall, a positive view of the stock, and a price of $902 may not be out of reach. We believe there are only a couple of things to fear in REGN stock given its overall Strong operating performance and financial condition. Considering stock’s Moderate valuation, we think it is Attractive.

Below is our assessment:

  CONCLUSION
What you pay:
Valuation Moderate
What you get:
Growth Weak
Profitability Very Strong
Financial Stability Very Strong
Downturn Resilience Strong
Operating Performance Strong
 
Stock Opinion Attractive

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Let’s get into details of each of the assessed factors but before that, for quick background: With $72 Bil in market cap, Regeneron Pharmaceuticals provides discovery, development, manufacturing, and commercialization of medicines treating diseases like macular degeneration, diabetic edema, atopic dermatitis, asthma, and rheumatoid arthritis worldwide.

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[1] Valuation Looks Moderate

  REGN S&P 500
Price-to-Sales Ratio 5.0 3.2
Price-to-Earnings Ratio 15.7 23.4
Price-to-Free Cash Flow Ratio 18.5 20.0

This table highlights how REGN is valued vs broader market. For more details see: REGN Valuation Ratios

[2] Growth Is Weak

  • Regeneron Pharmaceuticals has seen its top line grow at an average rate of 1.4% over the last 3 years
  • Its revenues have grown 2.9% from $14 Bil to $14 Bil in the last 12 months
  • Also, its quarterly revenues grew 0.9% to $3.8 Bil in the most recent quarter from $3.7 Bil a year ago.

  REGN S&P 500
3-Year Average 1.4% 5.5%
Latest Twelve Months* 2.9% 6.1%
Most Recent Quarter (YoY)* 0.9% 7.1%

This table highlights how REGN is growing vs broader market. For more details see: REGN Revenue Comparison

[3] Profitability Appears Very Strong

  • REGN last 12 month operating income was $3.8 Bil representing operating margin of 26.7%
  • With cash flow margin of 35.6%, it generated nearly $5.1 Bil in operating cash flow over this period
  • For the same period, REGN generated nearly $4.6 Bil in net income, suggesting net margin of about 32.1%

  REGN S&P 500
Current Operating Margin 26.7% 18.8%
Current OCF Margin 35.6% 20.5%
Current Net Income Margin 32.1% 13.1%

This table highlights how REGN profitability vs broader market. For more details see: REGN Operating Income Comparison

[4] Financial Stability Looks Very Strong

  • REGN Debt was $2.7 Bil at the end of the most recent quarter, while its current Market Cap is $72 Bil. This implies Debt-to-Equity Ratio of 3.8%
  • REGN Cash (including cash equivalents) makes up $8.4 Bil of $40 Bil in total Assets. This yields a Cash-to-Assets Ratio of 21.0%

  REGN S&P 500
Current Debt-to-Equity Ratio 3.8% 20.9%
Current Cash-to-Assets Ratio 21.0% 7.0%

[5] Downturn Resilience Is Strong

REGN has been more resilient than the S&P 500 index during various economic downturns. We assess this based on both (a) how much the stock fell and, (b) how quickly it recovered.

2022 Inflation Shock

  • REGN stock fell 25.8% from a high of $738.84 on 8 April 2022 to $548.35 on 14 June 2022 vs. a peak-to-trough decline of 25.4% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 4 October 2022
  • Since then, the stock increased to a high of $1,201.76 on 27 August 2024 , and currently trades at $693.50

  REGN S&P 500
% Change from Pre-Recession Peak -25.8% -25.4%
Time to Full Recovery 112 days 464 days

 
2020 Covid Pandemic

  • REGN stock fell 27.3% from a high of $658.21 on 20 July 2020 to $478.30 on 30 December 2020 vs. a peak-to-trough decline of 33.9% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 20 August 2021

  REGN S&P 500
% Change from Pre-Recession Peak -27.3% -33.9%
Time to Full Recovery 233 days 148 days

 
2008 Global Financial Crisis

  • REGN stock fell 57.9% from a high of $28.60 on 2 May 2007 to $12.05 on 11 March 2009 vs. a peak-to-trough decline of 56.8% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 3 February 2010

  REGN S&P 500
% Change from Pre-Recession Peak -57.9% -56.8%
Time to Full Recovery 329 days 1480 days

 

But the risk is not limited to major market crashes. Stocks fall even when markets are good – think events like earnings, business updates, outlook changes. Read REGN Dip Buyer Analyses to see how the stock has recovered from sharp dips in the past.

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