NASDAQ:RNAC Cartesian Therapeutics (RNAC) Stock Price, News & Analysis → Shocking $16T Elon Musk Crypto Leak (From Crypto 101 Media) (Ad) Free RNAC Stock Alerts $34.72 +3.28 (+10.43%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$31.09▼$36.2050-Day Range$13.12▼$34.7252-Week Range$11.66▼$42.60Volume95,420 shsAverage Volume80,724 shsMarket Capitalization$185.40 millionP/E RatioN/ADividend YieldN/APrice Target$43.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Cartesian Therapeutics alerts: Email Address Cartesian Therapeutics MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside26.0% Upside$43.75 Price TargetShort InterestBearish13.69% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.22Based on 3 Articles This WeekInsider TradingAcquiring Shares$365,474 Bought Last QuarterProj. Earnings GrowthDecreasingFrom $1.71 to ($3.65) 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.2.53 out of 5 starsMedical Sector445th out of 929 stocksPharmaceutical Preparations Industry206th out of 438 stocks 4.5 Analyst's Opinion Consensus RatingCartesian Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCartesian Therapeutics has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Cartesian Therapeutics' stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted13.69% of the float of Cartesian Therapeutics has been sold short.Short Interest Ratio / Days to CoverCartesian Therapeutics has a short interest ratio ("days to cover") of 13, which indicates bearish sentiment.Change versus previous monthShort interest in Cartesian Therapeutics has recently increased by 20.94%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCartesian Therapeutics does not currently pay a dividend.Dividend GrowthCartesian 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 RNAC. Previous Next 1.2 News and Social Media Coverage News SentimentCartesian Therapeutics has a news sentiment score of 0.22. 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 lower news sentiment than the 0.79 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cartesian Therapeutics this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 3 people have added Cartesian Therapeutics to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cartesian Therapeutics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $365,474.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders61.10% of the stock of Cartesian Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions86.95% of the stock of Cartesian Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Cartesian Therapeutics' insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Cartesian Therapeutics are expected to decrease in the coming year, from $1.71 to ($3.65) per share.Read more about Cartesian Therapeutics' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. But there’s one signal you should pay attention to above all others: Venture capital firms. You want to follow venture capital money into cryptocurrencies before anyone gets word of what’s happening.Click here for all the details… About Cartesian Therapeutics Stock (NASDAQ:RNAC)Cartesian Therapeutics, Inc., a clinical-stage biotechnology company, engages in the provision of mRNA cell therapies for the treatment of autoimmune diseases. It develops Descartes-08, an autologous anti-BCMA RNA-engineered chimeric antigen receptor T-cell therapy, currently under Phase 2b clinical development for generalized myasthenia gravis, as well as for patients with systemic lupus erythematosus, and myeloma autoimmune basket trials for other autoimmune diseases. The company develops Descartes-15 to treat Autoimmune diseases, myeloma; and Descartes-33 which is in preclinical development for treatment of autoimmune diseases. Cartesian Therapeutics, Inc. is headquartered in Gaithersburg, Maryland.Read More RNAC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RNAC Stock News HeadlinesMay 26, 2024 | americanbankingnews.comCartesian Therapeutics (NASDAQ:RNAC) Research Coverage Started at MizuhoMay 24, 2024 | msn.comMizuho Initiates Coverage of Cartesian Therapeutics (RNAC) with Buy RecommendationMay 24, 2024 | markets.businessinsider.comBuy Rating Affirmed for Cartesian Therapeutics Amidst Promising Clinical Advancements and Strategic PositioningMay 24, 2024 | msn.comMizuho starts Cartesian at buy, cites lead drug assetMay 24, 2024 | americanbankingnews.comHC Wainwright Reaffirms "Buy" Rating for Cartesian Therapeutics (NASDAQ:RNAC)May 22, 2024 | msn.comCartesian stock climbs 8% on FDA regenerative therapy designationMay 22, 2024 | markets.businessinsider.comCartesian: FDA Grants Regenerative Medicine Advanced Therapy Designation For Descartes-08May 22, 2024 | globenewswire.comCartesian Therapeutics Receives FDA Regenerative Medicine Advanced Therapy (RMAT) Designation for Descartes-08 for the Treatment of Myasthenia GravisMay 17, 2024 | edition.cnn.comCartesian Therapeutics, Inc.May 13, 2024 | globenewswire.comCartesian Therapeutics to Participate in the H.C. Wainwright 2nd Annual BioConnect Investor Conference at NASDAQMay 13, 2024 | benzinga.comWhat Makes Cartesian Therapeutics, Inc. a New Buy StockMay 10, 2024 | markets.businessinsider.comBuy Rating Affirmed for Cartesian Therapeutics on Strong Clinical Progress and Strategic ExpansionMay 10, 2024 | finance.yahoo.comCartesian Therapeutics Inc (RNAC) Reports Q1 2024 Earnings: A Detailed Financial and ...May 10, 2024 | markets.businessinsider.comBuy Rating Affirmed on Cartesian Therapeutics with Promising Descartes-08 Therapy Outlook and Strong FinancialsMay 9, 2024 | finance.yahoo.comCartesian Therapeutics Reports First Quarter 2024 EarningsMay 8, 2024 | msn.comCartesian Therapeutics GAAP EPS of -$10.50, revenue of $5.84MMay 8, 2024 | investorplace.comRNAC Stock Earnings: Cartesian Therapeutics Misses EPS, Beats Revenue for Q1 2024May 8, 2024 | finanznachrichten.deCartesian Therapeutics, Inc.: Cartesian Therapeutics Reports First Quarter 2024 Financial Results and Provides Business UpdateMay 8, 2024 | globenewswire.comCartesian Therapeutics Reports First Quarter 2024 Financial Results and Provides Business UpdateMay 6, 2024 | businesswire.comCartesian Therapeutics Announces New Employment Inducement GrantsApril 23, 2024 | markets.businessinsider.comBuy Rating Affirmed for Cartesian Therapeutics: Promising CAR-T Therapy and Strategic Financial MovesApril 22, 2024 | businesswire.comCartesian Therapeutics to Present at the ASGCT 27th Annual MeetingApril 15, 2024 | msn.comMarinus Pharmaceuticals, Cartesian Therapeutics, Adial Pharmaceuticals among healthcare moversApril 4, 2024 | businesswire.comCartesian Therapeutics to Participate in the 23rd Annual Needham Virtual Healthcare ConferenceApril 4, 2024 | businesswire.comCartesian Therapeutics Announces New Employment Inducement GrantsSee More Headlines Receive RNAC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cartesian Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Today5/31/2024Next Earnings (Estimated)8/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:RNAC Previous SymbolNASDAQ:RNAC CUSIPN/A CIK1453687 Webselectabio.com Phone617-923-1400Fax617-924-3454Employees37Year FoundedN/APrice Target and Rating Average Stock Price Target$43.75 High Stock Price Target$54.00 Low Stock Price Target$39.00 Potential Upside/Downside+26.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-219,710,000.00 Net Margins-983.93% Pretax Margin-1,057.17% Return on Equity-58.21% Return on Assets-18.77% Debt Debt-to-Equity RatioN/A Current Ratio3.03 Quick Ratio3.03 Sales & Book Value Annual Sales$26 million Price / Sales7.13 Cash FlowN/A Price / Cash FlowN/A Book Value($21.85) per share Price / Book-1.59Miscellaneous Outstanding Shares5,340,000Free Float2,079,000Market Cap$185.40 million OptionableOptionable Beta0.54 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesDr. Carsten Brunn Ph.D. (Age 52)President, CEO & Director Comp: $4.67MMr. Blaine T. Davis (Age 49)Chief Financial Officer Comp: $2.49MDr. Metin Kurtoglu M.D. (Age 45)Ph.D., Chief Technology Officer Comp: $398.28kKey CompetitorsTango TherapeuticsNASDAQ:TNGXLongboard PharmaceuticalsNASDAQ:LBPHPliant TherapeuticsNASDAQ:PLRXPhibro Animal HealthNASDAQ:PAHCGH ResearchNASDAQ:GHRSView All CompetitorsInsiders & InstitutionsArtal Group S.A.Bought 9,136,635 shares on 5/17/2024Ownership: 171.098%American International Group Inc.Bought 56,202 shares on 5/14/2024Ownership: 1.052%Vanguard Group Inc.Bought 6,315,113 shares on 5/10/2024Ownership: 118.172%SG Americas Securities LLCBought 47,134 shares on 5/7/2024Ownership: 0.883%Delphi Financial Group Inc.Bought 660,852 shares on 5/3/2024Ownership: 12.261%View All Insider TransactionsView All Institutional Transactions RNAC Stock Analysis - Frequently Asked Questions Should I buy or sell Cartesian Therapeutics stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cartesian Therapeutics in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RNAC shares. View RNAC analyst ratings or view top-rated stocks. What is Cartesian Therapeutics' stock price target for 2024? 5 Wall Street research analysts have issued 1-year target prices for Cartesian Therapeutics' shares. Their RNAC share price targets range from $39.00 to $54.00. On average, they anticipate the company's stock price to reach $43.75 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price. View analysts price targets for RNAC or view top-rated stocks among Wall Street analysts. How have RNAC shares performed in 2024? Cartesian Therapeutics' stock was trading at $20.6820 at the start of the year. Since then, RNAC shares have increased by 67.9% and is now trading at $34.72. View the best growth stocks for 2024 here. Are investors shorting Cartesian Therapeutics? Cartesian Therapeutics saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 948,400 shares, an increase of 20.9% from the April 30th total of 784,200 shares. Based on an average trading volume of 73,000 shares, the short-interest ratio is presently 13.0 days. Currently, 13.7% of the company's shares are short sold. View Cartesian Therapeutics' Short Interest. When is Cartesian Therapeutics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024. View our RNAC earnings forecast. How were Cartesian Therapeutics' earnings last quarter? Cartesian Therapeutics, Inc. (NASDAQ:RNAC) released its earnings results on Wednesday, May, 8th. The company reported ($1.97) earnings per share for the quarter, missing the consensus estimate of ($0.81) by $1.16. The company had revenue of $5.84 million for the quarter. Cartesian Therapeutics had a negative net margin of 983.93% and a negative trailing twelve-month return on equity of 58.21%. When did Cartesian Therapeutics' stock split? Cartesian Therapeutics's stock reverse split before market open on Friday, April 5th 2024. The 1-30 reverse split was announced on Friday, April 5th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, April 5th 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. Who are Cartesian Therapeutics' major shareholders? Cartesian Therapeutics' stock is owned by a number of institutional and retail investors. Top institutional investors include Artal Group S.A. (171.10%), Vanguard Group Inc. (118.17%), Delphi Financial Group Inc. (12.26%), BNP Paribas Financial Markets (1.10%), American International Group Inc. (1.05%) and Hall Laurie J Trustee (0.98%). View institutional ownership trends. How do I buy shares of Cartesian Therapeutics? Shares of RNAC 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:RNAC) was last updated on 6/1/2024 by MarketBeat.com Staff From Our PartnersThe #1 Crypto That You Don’t Own… YetCrypto 101 MediaBiden Nomination CANCELED?The Freeport SocietyUnlock Explosive Gains with This Defense StockBehind the MarketsNvidia is about to pass AppleWeiss RatingsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProThe Worst is Yet to Come…Porter & CompanyDems have chosen Biden replacement?Paradigm Press 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 Cartesian Therapeutics, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
