NASDAQ:MGTX

MeiraGTx (MGTX) Stock Price, News & Analysis

$4.93
-0.09 (-1.79%)
(As of 04/23/2024 ET)
Today's Range
$4.91
$5.14
50-Day Range
$4.93
$6.52
52-Week Range
$3.49
$8.35
Volume
164,022 shs
Average Volume
155,245 shs
Market Capitalization
$316.60 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.67

MeiraGTx MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
420.6% Upside
$25.67 Price Target
Short Interest
Healthy
1.79% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.54
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.40) to $0.90 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.

3.93 out of 5 stars

Medical Sector

188th out of 909 stocks

Biological Products, Except Diagnostic Industry

21st out of 155 stocks

MGTX stock logo

About MeiraGTx Stock (NASDAQ:MGTX)

MeiraGTx Holdings plc, a clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited retinal diseases and large degenerative ocular diseases, neurodegenerative diseases, and xerostomia. Its programs in clinical development include Phase I/II clinical stage programs in achromatopsia, X-linked retinitis pigmentosa, and RPE65-deficiency; Phase I clinical trials for radiation-induced xerostomia; and Parkinson's program that has completed a Phase II trial. It has a research collaboration agreement with Janssen Pharmaceuticals, Inc. for the research, development, and commercialization of gene therapies for the treatment of inherited retinal disease. The company was incorporated in 2015 and is based in New York, New York.

MGTX Stock Price History

MGTX Stock News Headlines

MGTX Apr 2024 12.500 call
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Recap: MeiraGTx Hldgs Q4 Earnings
Meira Retreats on Financial Figures
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
MGTX Mar 2024 12.500 call
MeiraGTx Holdings PLC MGTX
See More Headlines
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Company Calendar

Last Earnings
3/14/2024
Today
4/23/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:MGTX
Fax
N/A
Employees
419
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.67
High Stock Price Target
$41.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+414.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-84,030,000.00
Net Margins
-599.47%
Pretax Margin
-599.47%

Debt

Sales & Book Value

Annual Sales
$14.02 million
Book Value
$2.17 per share

Miscellaneous

Free Float
57,988,000
Market Cap
$320.46 million
Optionable
Optionable
Beta
1.29
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Key Executives

  • Dr. Alexandria Forbes Ph.D. (Age 59)
    CEO, President & Director
    Comp: $2.33M
  • Mr. Richard Brian Giroux B.A. (Age 51)
    COO & CFO
    Comp: $1.83M
  • Dr. Stuart Naylor Ph.D. (Age 61)
    Chief Development Officer
    Comp: $1M
  • Mr. Robert J. Wollin J.D. (Age 48)
    General Counsel & Secretary
  • Dr. Michel Michaelides M.D.
    Head of Clinical Ophthalmology
  • Ms. Christine Elise Sheehy (Age 56)
    Senior Vice President of Global Integration
  • Mr. Tim Randall
    Senior Vice President of Risk & Internal Controls
  • Dr. Alastair Leighton Ph.D.
    Senior Vice President of Manufacturing & Supply Chain
  • Dr. Robert K. Zeldin M.D. (Age 61)
    Chief Medical Officer
    Comp: $1.1M

MGTX Stock Analysis - Frequently Asked Questions

Should I buy or sell MeiraGTx stock right now?

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

What is MeiraGTx's stock price target for 2024?

2 analysts have issued 1 year target prices for MeiraGTx's shares. Their MGTX share price targets range from $11.00 to $41.00. On average, they expect the company's stock price to reach $25.67 in the next twelve months. This suggests a possible upside of 420.6% from the stock's current price.
View analysts price targets for MGTX
or view top-rated stocks among Wall Street analysts.

How have MGTX shares performed in 2024?

MeiraGTx's stock was trading at $7.02 at the beginning of 2024. Since then, MGTX stock has decreased by 29.8% and is now trading at $4.93.
View the best growth stocks for 2024 here
.

When is MeiraGTx's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our MGTX earnings forecast
.

How were MeiraGTx's earnings last quarter?

MeiraGTx Holdings plc (NASDAQ:MGTX) issued its earnings results on Thursday, March, 14th. The company reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.46) by $0.01. The business earned $2.04 million during the quarter, compared to analysts' expectations of $10.13 million. MeiraGTx had a negative net margin of 599.47% and a negative trailing twelve-month return on equity of 114.33%.

What other stocks do shareholders of MeiraGTx own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MeiraGTx investors own include AbbVie (ABBV), Sorrento Therapeutics (SRNE), Aldeyra Therapeutics (ALDX), Inovio Pharmaceuticals (INO), Kadmon (KDMN), Pfizer (PFE), VBI Vaccines (VBIV), Novavax (NVAX), Viking Therapeutics (VKTX) and Advanced Micro Devices (AMD).

When did MeiraGTx IPO?

MeiraGTx (MGTX) raised $75 million in an IPO on Friday, June 8th 2018. The company issued 5,000,000 shares at $14.00-$16.00 per share. BofA Merrill Lynch, Barclays and Evercore ISI acted as the underwriters for the IPO and Chardan was co-manager.

Who are MeiraGTx's major shareholders?

MeiraGTx's stock is owned by a number of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.18%). Insiders that own company stock include Alexandria Forbes, Elizabeth A Cook, Perceptive Advisors Llc, Richard Giroux, Robert J Wollin, Robert K Zeldin and Stuart Naylor.
View institutional ownership trends
.

How do I buy shares of MeiraGTx?

Shares of MGTX 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:MGTX) was last updated on 4/23/2024 by MarketBeat.com Staff

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