Positive News SentimentPositive NewsNASDAQ:OMGA Omega Therapeutics (OMGA) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free OMGA Stock Alerts $3.55 +0.16 (+4.72%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$3.33▼$3.5750-Day Range$3.32▼$4.3352-Week Range$1.30▼$10.09Volume180,377 shsAverage Volume329,383 shsMarket Capitalization$195.75 millionP/E RatioN/ADividend YieldN/APrice Target$12.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Omega Therapeutics alerts: Email Address Omega Therapeutics MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside238.0% Upside$12.00 Price TargetShort InterestBearish19.00% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.93) to ($1.85) 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.2.90 out of 5 starsMedical Sector632nd out of 939 stocksBiotechnology Industry17th out of 36 stocks 3.5 Analyst's Opinion Consensus RatingOmega Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, Omega Therapeutics has a forecasted upside of 238.0% from its current price of $3.55.Amount of Analyst CoverageOmega Therapeutics has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted19.00% of the float of Omega Therapeutics has been sold short.Short Interest Ratio / Days to CoverOmega Therapeutics has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Omega Therapeutics has recently increased by 4.30%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldOmega Therapeutics does not currently pay a dividend.Dividend GrowthOmega Therapeutics 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 OMGA. Previous Next 3.3 News and Social Media Coverage News SentimentOmega Therapeutics has a news sentiment score of 1.89. 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 is a higher news sentiment than the 0.63 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for Omega Therapeutics this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for OMGA on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.MarketBeat Follows9 people have added Omega Therapeutics to their MarketBeat watchlist in the last 30 days. This is an increase of 29% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Omega Therapeutics insiders have not sold or bought any company stock.Percentage Held by Insiders57.00% of the stock of Omega Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions97.47% of the stock of Omega Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Omega Therapeutics are expected to grow in the coming year, from ($1.93) to ($1.85) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Omega Therapeutics is -1.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Omega Therapeutics is -1.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOmega Therapeutics has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.Click here to find out that this 8,788% cryptocurrency is. About Omega Therapeutics Stock (NASDAQ:OMGA)Omega Therapeutics, Inc. operates as a clinical-stage biotechnology company. The company's OMEGA platform enables control of fundamental epigenetic processes to correct the root cause of disease by restoring aberrant gene expression to a range without altering native nucleic acid sequences. It also develops OTX-2002 for hepatocellular carcinoma; OTX-2101 for non-small cell lung cancer; omega epigenomic controllers (OEC) for inflammatory lung diseases, such as neutrophilic asthma, acute respiratory distress syndrome, dermatological, oncology, and rheumatological indications; OEC candidates for idiopathic pulmonary fibrosis; liver regeneration medicines; and OEC candidates for patients with diabetes and other conditions to treat corneal epithelial injury. In addition, the company develops OEC candidates for the treatment of alopecia, a disorder characterized by patches of non-scarring hair loss affecting the scalp and body. Omega Therapeutics, Inc. was incorporated in 2016 and is headquartered in Cambridge, Massachusetts.Read More OMGA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OMGA Stock News HeadlinesMarch 16, 2024 | finance.yahoo.comOMGA Apr 2024 12.500 callMarch 12, 2024 | markets.businessinsider.comIntrommune Therapeutics Strengthens Board of Directors with Appointments of Dr. Jonathan Rich and Hem PandyaMarch 28, 2024 | Paradigm Press (Ad)Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.March 6, 2024 | globenewswire.comOmega Therapeutics Announces Two Poster Presentations at the American Association for Cancer Research Annual Meeting 2024January 26, 2024 | benzinga.comHow Is The Market Feeling About Omega Therapeutics?January 16, 2024 | seekingalpha.comOmega Therapeutics: The Next Weight Loss Drug RunnerJanuary 6, 2024 | morningstar.comOmega Therapeutics Inc OMGAJanuary 5, 2024 | finance.yahoo.comNovo Nordisk (NVO) Up on $1.1B Research Deals With 2 BiotechsMarch 28, 2024 | Paradigm Press (Ad)Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.January 5, 2024 | finance.yahoo.comOmega (OMGA) Up 95% on Obesity Drug Deal With Novo NordiskJanuary 4, 2024 | msn.comOmega (NASDAQ:OMGA) Skyrockets After Research Deal With Novo NordiskJanuary 4, 2024 | realmoney.thestreet.comOmega collaboration with Novo Nordisk 'validation' of OEG platform, says WedbushJanuary 4, 2024 | fool.comWhy Novo Nordisk Stock Crushed the Market TodayJanuary 4, 2024 | ca.finance.yahoo.comOMGA Feb 2024 2.500 callJanuary 4, 2024 | markets.businessinsider.comFamed Obesity Drug Maker Novo Nordisk Inks Collaborations For Cardiometabolic DiseasesJanuary 4, 2024 | finance.yahoo.comNovo Nordisk enters research partnerships with biotech firmsJanuary 4, 2024 | finance.yahoo.comNovo Nordisk, The Weight-Loss Kingpin, Breaks Out After Inking Two New Deals In ObesityJanuary 4, 2024 | investorplace.comWhy Is Omega Therapeutics (OMGA) Stock Up 111% Today?January 4, 2024 | marketwatch.comOmega Therapeutics Stock Surges 99% Following Pact with Novo Nordisk to Treat obesityJanuary 4, 2024 | msn.comNovo Nordisk signs research deals on cardiometabolic diseasesJanuary 4, 2024 | markets.businessinsider.comNovo Nordisk Enters Collaboration Agreements With Omega And CellarityJanuary 2, 2024 | finance.yahoo.comOmega Therapeutics to Present at the 42nd Annual J.P. Morgan Healthcare ConferenceDecember 4, 2023 | finance.yahoo.comOmega Therapeutics to Participate in the H.C. Wainwright 4th Annual Precision Oncology Virtual ConferenceNovember 24, 2023 | benzinga.comOmega Therapeutics Stock (NASDAQ:OMGA) Earnings Dates and Earning CallsNovember 24, 2023 | benzinga.comOmega Therapeutics Stock (NASDAQ:OMGA) Insider TradesNovember 20, 2023 | finance.yahoo.comOmega Therapeutics to Participate in the Piper Sandler 35th Annual Healthcare ConferenceNovember 13, 2023 | finance.yahoo.comOmega Therapeutics Showcases Bidirectional and Multiplexed Epigenomic Control of Gene Expression in Preclinical Models of Liver Inflammation and FibrosisSee More Headlines Receive OMGA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Omega Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/10/2021Today3/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:OMGA CUSIPN/A CIK1850838 Webwww.omegatherapeutics.com Phone617-949-4360FaxN/AEmployees116Year FoundedN/APrice Target and Rating Average Stock Price Target$12.00 High Stock Price Target$12.00 Low Stock Price Target$12.00 Potential Upside/Downside+238.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($2.08) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-102,700,000.00 Net Margins-3,802.89% Pretax Margin-3,802.89% Return on Equity-107.79% Return on Assets-57.69% Debt Debt-to-Equity Ratio0.21 Current Ratio3.80 Quick Ratio3.80 Sales & Book Value Annual Sales$2.07 million Price / Sales94.56 Cash FlowN/A Price / Cash FlowN/A Book Value$2.21 per share Price / Book1.61Miscellaneous Outstanding Shares55,140,000Free Float23,711,000Market Cap$195.75 million OptionableOptionable Beta1.88 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Mahesh Karande (Age 50)President, CEO & Board Director Comp: $812.88kMs. Ling Zeng Esq. (Age 55)J.D., Chief Legal & Administrative Officer and Secretary Comp: $519.36kDr. Yan Moore M.D. (Age 57)Chief Medical Officer Comp: $1.14MMr. Joshua Reed M.B.A. (Age 50)Chief Financial Officer Dr. Sivakesava Sakhamuri Ph.D.Senior VP and Head of Technical Operations & QualityDr. Thomas McCauley (Age 55)Chief Scientific Officer Comp: $588.5kMr. Anthony MullinChief People OfficerMr. Charles O'Donnell Ph.D.VP and Head of Computational Genomics & Data SciencesMore ExecutivesKey CompetitorsGraphite BioNASDAQ:GRPHInventivaNASDAQ:IVAInnate PharmaNASDAQ:IPHAGenfitNASDAQ:GNFT10X Capital Venture Acquisition Corp. IIINYSE:VCXBView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 23,553 shares on 3/11/2024Ownership: 2.737%Goldman Sachs Group Inc.Sold 6,900 shares on 3/1/2024Ownership: 0.024%Vanguard Group Inc.Bought 23,553 shares on 2/15/2024Ownership: 2.737%Barclays PLCBought 29,013 shares on 2/15/2024Ownership: 0.085%Citadel Advisors LLCSold 1,500 shares on 2/15/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions OMGA Stock Analysis - Frequently Asked Questions Should I buy or sell Omega Therapeutics stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Omega Therapeutics in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OMGA shares. View OMGA analyst ratings or view top-rated stocks. What is Omega Therapeutics' stock price target for 2024? 3 equities research analysts have issued twelve-month price targets for Omega Therapeutics' shares. Their OMGA share price targets range from $12.00 to $12.00. On average, they anticipate the company's share price to reach $12.00 in the next year. This suggests a possible upside of 238.0% from the stock's current price. View analysts price targets for OMGA or view top-rated stocks among Wall Street analysts. How have OMGA shares performed in 2024? Omega Therapeutics' stock was trading at $3.01 at the beginning of 2024. Since then, OMGA shares have increased by 17.9% and is now trading at $3.55. View the best growth stocks for 2024 here. How were Omega Therapeutics' earnings last quarter? Omega Therapeutics, Inc. (NASDAQ:OMGA) announced its quarterly earnings data on Wednesday, November, 10th. The company reported ($0.57) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.48) by $0.09. Omega Therapeutics had a negative trailing twelve-month return on equity of 107.79% and a negative net margin of 3,802.89%. When did Omega Therapeutics IPO? Omega Therapeutics (OMGA) raised $126 million in an IPO on Friday, July 30th 2021. The company issued 7,400,000 shares at $16.00-$18.00 per share. Who are Omega Therapeutics' major shareholders? Omega Therapeutics' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.74%), Vanguard Group Inc. (2.74%), Blue Owl Capital Holdings LP (1.91%), Northern Trust Corp (0.36%), Barclays PLC (0.09%) and Murphy Pohlad Asset Management LLC (0.03%). Insiders that own company stock include Flagship Pioneering Inc and Richard A Young. View institutional ownership trends. How do I buy shares of Omega Therapeutics? Shares of OMGA 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:OMGA) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Omega Therapeutics, Inc. 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