Gilead Sciences (GILD) Tops Q4 EPS by 32c

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Gilead (GILD) Needs Impactful M&A for the Next Leg of Growth - Piper Jaffray

February 3, 2016 9:11 AM EST

Piper Jaffray analyst, Joshua Schimmer, is hoping to see an impactful acquisition to propel Gilead Sciences (NASDAQ: GILD) into its next leg of growth. However, at 7x next year's eps, the stock may have hit bottom.

GILD reported a very strong 4Q15, bolstered by strong HCV sales in Japan, partially offset by limited VA HCV starts in the quarter. The company guided to flat/slightly down product sales in 2016 and a significant uptick in R&D (+12%-23%) and SG&A (+2%-12%). The company is increasing its dividend... More

Standpoint Research Starts Gilead Sciences (GILD) at Buy

February 3, 2016 8:22 AM EST

Standpoint Research initiated coverage on Gilead Sciences (NASDAQ: GILD) with a Buy rating and a price target of $110.00.

For an analyst ratings summary and ratings history on Gilead Sciences click here. For more ratings news on Gilead Sciences click here.

Shares of Gilead Sciences closed at $82.71 yesterday.

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Japanese Hep C Boosts Gilead Sciences (GILD) in the Qtr - Baird

February 3, 2016 7:20 AM EST

Baird analyst Brian Skorney reiterated an Outperform rating and $135 price target on Gilead Sciences (NASDAQ: GILD) following Q4 results which beat on Japanese Hep C.

Skorney commented, "Gilead delivered another top- and bottom-line beat, driven by Japanese Hep C sales. We... More

Gilead's (GILD) Increased Unit Sales Tempered By Lower Prices - Oppenheimer

February 3, 2016 7:11 AM EST

Oppenheimer analyst, Wendy Lam, trimmed her price target on Gilead Sciences (NASDAQ: GILD) as the increasing volume of Harvoni will be offset by reductions in price. One bright note was the strong start to HIV as Genvoya generated $44B in sales. PT is cut to $120 from $124 but maintaining the Outperform rating.

GILD reported 4Q15 revenue of $8.5B and non-GAAP EPS of $3.32, topping Street consensus estimates of $8.2B and $3.00. However, GILD's 2016 guidance on net product sales of... More

Gilead Sciences (GILD) Declares $0.43 Quarterly Dividend; Adds $12B to Stock Buyback Plan

February 2, 2016 4:03 PM EST

Gilead Sciences (NASDAQ: GILD) declared a quarterly dividend of $0.43 per share, or $1.72 annualized.

The dividend will be payable on March 30, 2016, to stockholders of record on March 16, 2016, with an ex-dividend date of March 14, 2016.

The annual yield on the dividend is 2.1 percent.

In addition the Board authorized an increase of 4 cents (ten percent) in the companys quarterly dividend program,... More

Intercept Pharma (ICPT) on Watch Following Rumors Out of UK

February 2, 2016 9:54 AM EST

Intercept Pharma (NASDAQ: ICPT) shares were on watch Tuesday after M&A rumors resurfaced in Daily Mail. The rumor suggested the company could auction itself off given interest from major pharma companies Shire plc (NASDAQ: SHPG), Gilead Sciences (NASDAQ: GILD), Bristol-Myers Squibb (NYSE: BMY), and Pfizer (NYSE: PFE).

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