NASDAQ:MRSN

Mersana Therapeutics (MRSN) Stock Price, News & Analysis

$2.85
-0.03 (-1.04%)
(As of 04:32 PM ET)
Today's Range
$2.74
$2.91
50-Day Range
$2.88
$5.94
52-Week Range
$0.80
$9.62
Volume
2.00 million shs
Average Volume
2.21 million shs
Market Capitalization
$345.71 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.29

Mersana Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
121.3% Upside
$6.29 Price Target
Short Interest
Bearish
8.72% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.69
Upright™ Environmental Score
News Sentiment
1.04mentions of Mersana Therapeutics in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.60) to ($0.67) Per Share

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.

4.20 out of 5 stars

Medical Sector

146th out of 907 stocks

Pharmaceutical Preparations Industry

53rd out of 422 stocks

MRSN stock logo

About Mersana Therapeutics Stock (NASDAQ:MRSN)

Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company, develops antibody drug conjugates (ADC) for cancer patients with unmet needs. The company develops XMT-1660, a B7-H4-targeted Dolasynthen ADC candidate; and XMT-2056, an immunosynthen ADC. It has research and development collaborations with Janssen Biotech, Inc., Ares Trading S.A., Merck KGaA, and Asana BioSciences, LLC for the development of ADC product candidates. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc. in November 2005. Mersana Therapeutics, Inc. was incorporated in 2001 and is headquartered in Cambridge, Massachusetts.

MRSN Stock Price History

MRSN Stock News Headlines

MRSN Mersana Therapeutics, Inc.
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Mersana Therapeutics Inc MRSN
The Analyst Verdict: Mersana Therapeutics In The Eyes Of 5 Experts
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Expert Outlook: Mersana Therapeutics Through The Eyes Of 5 Analysts
Q4 2023 Mersana Therapeutics Inc Earnings Call
Here's what Wall Street expects from Mersana Therapeutics's earnings
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/25/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:MRSN
Fax
N/A
Employees
123
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.29
High Stock Price Target
$9.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+118.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$-171,670,000.00
Net Margins
-465.80%
Pretax Margin
-465.80%

Debt

Sales & Book Value

Annual Sales
$36.85 million
Book Value
$0.31 per share

Miscellaneous

Free Float
106,140,000
Market Cap
$349.34 million
Optionable
Optionable
Beta
1.50
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Key Executives

  • Dr. Martin H. Huber M.D. (Age 63)
    President, CEO & Director
    Comp: $44k
  • Mr. Brian C. DeSchuytner (Age 45)
    Senior VP, CFO & COO
    Comp: $626.32k
  • Dr. Timothy B. Lowinger Ph.D. (Age 60)
    Senior VP and Chief Science & Technology Officer
    Comp: $666.3k
  • Ms. Alejandra Veronica Carvajal J.D. (Age 50)
    Senior VP, Secretary & Chief Legal Officer
    Comp: $606.51k
  • Mr. Mikhail Papisov Ph.D.
    Co-Founder
  • Mr. Ashish  MandeliaMr. Ashish Mandelia (Age 49)
    VP, Controller & Chief Accounting Officer
  • Mr. Jason Fredette
    Senior Vice President of Investor Relations & Corporate Communications
  • Mr. Chuck Miller
    Senior Vice President of Regulatory Affairs
  • Mr. Marc Damelin
    Exe. Director and Head of Biology, Oncology, Antibody-Drug Conjugate ADC Discovery & Develop.
  • Dr. Tushar Misra Ph.D. (Age 63)
    Senior VP & Chief Manufacturing Officer
    Comp: $485.89k

MRSN Stock Analysis - Frequently Asked Questions

Should I buy or sell Mersana Therapeutics stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mersana Therapeutics in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MRSN shares.
View MRSN analyst ratings
or view top-rated stocks.

What is Mersana Therapeutics' stock price target for 2024?

7 equities research analysts have issued 12 month price objectives for Mersana Therapeutics' stock. Their MRSN share price targets range from $5.00 to $9.00. On average, they predict the company's share price to reach $6.29 in the next year. This suggests a possible upside of 121.3% from the stock's current price.
View analysts price targets for MRSN
or view top-rated stocks among Wall Street analysts.

How have MRSN shares performed in 2024?

Mersana Therapeutics' stock was trading at $2.32 at the start of the year. Since then, MRSN shares have increased by 22.4% and is now trading at $2.84.
View the best growth stocks for 2024 here
.

When is Mersana Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our MRSN earnings forecast
.

How were Mersana Therapeutics' earnings last quarter?

Mersana Therapeutics, Inc. (NASDAQ:MRSN) posted its quarterly earnings results on Wednesday, February, 28th. The company reported ($0.16) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.16). The business had revenue of $10.70 million for the quarter, compared to the consensus estimate of $22.59 million. Mersana Therapeutics had a negative net margin of 465.80% and a negative trailing twelve-month return on equity of 282.36%. The business's revenue was down 27.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.44) EPS.

What ETFs hold Mersana Therapeutics' stock?

ETFs with the largest weight of Mersana Therapeutics (NASDAQ:MRSN) stock in their portfolio include Invesco Dorsey Wright Healthcare Momentum ETF (PTH).Tema Oncology ETF (CANC).

What is Anna Protopapas' approval rating as Mersana Therapeutics' CEO?

3 employees have rated Mersana Therapeutics Chief Executive Officer Anna Protopapas on Glassdoor.com. Anna Protopapas has an approval rating of 100% among the company's employees. This puts Anna Protopapas in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Mersana Therapeutics own?
When did Mersana Therapeutics IPO?

Mersana Therapeutics (MRSN) raised $75 million in an initial public offering (IPO) on Wednesday, June 28th 2017. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, Cowen and Leerink Partners served as the underwriters for the IPO and Wedbush PacGrow was co-manager.

Who are Mersana Therapeutics' major shareholders?

Mersana Therapeutics' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Hunter Perkins Capital Management LLC (0.01%). Insiders that own company stock include Alejandra Carvajal, Andrew A F Hack, Anna Protopapas, Arvin Yang, Ashish Mandelia, Brian Deschuytner, Lawrence M Alleva, Mohan Bala, Timothy B Lowinger and Tushar Misra.
View institutional ownership trends
.

How do I buy shares of Mersana Therapeutics?

Shares of MRSN 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.

This page (NASDAQ:MRSN) was last updated on 4/25/2024 by MarketBeat.com Staff

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