NYSE:PRME Prime Medicine (PRME) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free PRME Stock Alerts $7.02 +0.26 (+3.85%) (As of 12:55 PM ET) Add Compare Share Share Today's Range$6.71▼$7.0650-Day Range$6.35▼$9.3952-Week Range$5.54▼$17.20Volume248,861 shsAverage Volume638,729 shsMarket Capitalization$841.98 millionP/E RatioN/ADividend YieldN/APrice Target$17.57 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get Prime Medicine alerts: Email Address Prime Medicine MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside149.9% Upside$17.57 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment1.03Based on 3 Articles This WeekInsider TradingAcquiring Shares$20 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($1.83) to ($1.61) 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.3.47 out of 5 starsMedical Sector302nd out of 939 stocksBiological Products, Except Diagnostic Industry41st out of 154 stocks 3.3 Analyst's Opinion Consensus RatingPrime Medicine has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.57, Prime Medicine has a forecasted upside of 149.9% from its current price of $7.03.Amount of Analyst CoveragePrime Medicine has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PRME. Previous Next 0.0 Dividend Strength Dividend YieldPrime Medicine does not currently pay a dividend.Dividend GrowthPrime Medicine 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 PRME. Previous Next 3.9 News and Social Media Coverage News SentimentPrime Medicine has a news sentiment score of 1.03. 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 0.60 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Prime Medicine this week, compared to 1 article on an average week.Search Interest4 people have searched for PRME on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows8 people have added Prime Medicine to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Prime Medicine insiders have bought more of their company's stock than they have sold. Specifically, they have bought $20,000,000.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders24.29% of the stock of Prime Medicine is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions70.37% of the stock of Prime Medicine 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 Prime Medicine are expected to grow in the coming year, from ($1.83) to ($1.61) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Prime Medicine is -3.24, 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 Prime Medicine is -3.24, 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 RatioPrime Medicine has a P/B Ratio of 5.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Prime Medicine Stock (NYSE:PRME)Prime Medicine, Inc., a biotechnology company, delivers genetic therapies to address the spectrum of diseases by deploying gene editing technology. The company offers Prime Editors with a Prime Editor protein, comprising a fusion between a Cas protein and a reverse transcriptase enzyme; and a pegRNA, which targets the Prime Editor to a specific genomic location and provides a template for making the desired edit to the target DNA sequence. It has a research collaboration with Cimeio Therapeutics to develop Prime Edited Shielded-Cell & Immunotherapy Pairs for genetic diseases, acute myeloid leukemia, and myelodysplastic syndrome. The company was incorporated in 2019 and is based in Cambridge, Massachusetts.Read More PRME Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRME Stock News HeadlinesMarch 27, 2024 | fool.com2 Magnificent Growth Stocks With Room to RunMarch 15, 2024 | cnet.com13 Best Little-Known Perks You Can Get From Amazon PrimeMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 14, 2024 | msn.comGeron wins FDA AdCom backing for blood cancer drugMarch 14, 2024 | investorplace.comShort-Squeeze Roulette: 3 Stocks That Could Leave Bears BeggingMarch 12, 2024 | markets.businessinsider.comBuy Rating Justified: Prime Medicine’s Promising Clinical Prospects and Innovative Gene Editing Technology Poised for GrowthMarch 12, 2024 | msn.comBlinken to travel to Jamaica for CARICOM meeting on Haiti, US State Dept saysMarch 4, 2024 | markets.businessinsider.comBuy Rating Affirmed for Prime Medicine, Inc. on Anticipated IND Filing and Strong Gene Editing PipelineMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 1, 2024 | investorplace.comCathie Wood Just Bought These 3 Biotech Stocks. Should You Buy, Too?March 1, 2024 | benzinga.comRecap: Prime Medicine Q4 EarningsMarch 1, 2024 | msn.comPrime Medicine GAAP EPS of -$2.18March 1, 2024 | globenewswire.comPrime Medicine Reports Full Year 2023 Financial Results and Provides Business UpdatesFebruary 29, 2024 | benzinga.comThomas Cahill's Net WorthFebruary 28, 2024 | globenewswire.comPrime Medicine to Participate in Upcoming Investor ConferencesFebruary 27, 2024 | 247wallst.comStock Offerings Prompt Big Insider BuyingFebruary 23, 2024 | finance.yahoo.comPRME Mar 2024 12.500 callFebruary 20, 2024 | globenewswire.comPrime Medicine Announces Closing of Upsized Public Offering and Full Exercise of the Underwriters' Option to Purchase Additional SharesFebruary 15, 2024 | finanznachrichten.dePrime Medicine, Inc.: Prime Medicine Announces Pricing of Upsized Public OfferingFebruary 15, 2024 | msn.comPrime Medicine down 5%, prices $140M stock offeringFebruary 15, 2024 | finance.yahoo.comPrime Medicine Announces Pricing of Upsized Public OfferingFebruary 14, 2024 | globenewswire.comPrime Medicine Announces Pricing of Upsized Public OfferingFebruary 14, 2024 | finance.yahoo.comPrime Medicine Announces Proposed Public Offering of Common StockFebruary 14, 2024 | globenewswire.comPrime Medicine Announces Proposed Public Offering of Common StockFebruary 1, 2024 | finance.yahoo.comPrime Medicine to Present at Guggenheim Healthcare Talks 6th Annual Biotechnology ConferenceJanuary 28, 2024 | seekingalpha.comPrime Medicine's Investment Potential: A Deep Dive Into Innovation And Gene EditingJanuary 25, 2024 | finance.yahoo.comPrime Medicine Receives Up to $15 Million from Cystic Fibrosis Foundation to Advance Hotspot and PASSIGE™ Prime Editors for Cystic FibrosisSee More Headlines Receive PRME Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Prime Medicine and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/01/2024Today3/28/2024Next Earnings (Estimated)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNYSE:PRME CUSIPN/A CIK1894562 Webprimemedicine.com Phone617-564-0013FaxN/AEmployees234Year FoundedN/APrice Target and Rating Average Stock Price Target$17.57 High Stock Price Target$26.00 Low Stock Price Target$9.00 Potential Upside/Downside+149.9%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($2.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-198,130,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-87.30% Return on Assets-71.65% Debt Debt-to-Equity RatioN/A Current Ratio2.53 Quick Ratio2.53 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$1.37 per share Price / Book5.13Miscellaneous Outstanding Shares119,940,000Free Float90,806,000Market Cap$843.18 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 ExecutivesDr. Keith Michael Gottesdiener Ph.D. (Age 70)President, CEO, Secretary & Director Comp: $924.04kDr. Ann L. Lee Ph.D. (Age 62)Chief Technical Officer Comp: $947.28kMr. Richard Brudnick (Age 67)Chief Business Officer Comp: $680.8kDr. Andrew Anzalone M.D. (Age 37)Ph.D., Co-Founder & Head of Prime Editing Platform Dr. David R. Liu Ph.D.Co-Founder & Chair of Scientific Advisory BoardDr. Allan Reine M.D. (Age 49)Chief Financial Officer Dr. Meredith Goldwasser (Age 52)Senior VP and Head of Strategy & Corporate Operations Ms. Carman Alenson CPA (Age 58)M.B.A., Senior VP of Finance & Chief Accounting Officer Dr. Jeremy S. Duffield M.D. (Age 56)Ph.D., Chief Scientific Officer Comp: $994.4kDr. Karen Brown J.D.Ph.D., Senior Vice President of Intellectual Property & Legal AffairsMore ExecutivesKey CompetitorsHilleVaxNASDAQ:HLVXCabaletta BioNASDAQ:CABACullinan OncologyNASDAQ:CGEMAllogene TherapeuticsNASDAQ:ALLOExscientiaNASDAQ:EXAIView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 103,118 shares on 3/11/2024Ownership: 3.381%Goldman Sachs Group Inc.Sold 7,762 shares on 3/1/2024Ownership: 0.053%Chelsea Counsel Co.Bought 4,400 shares on 2/21/2024Ownership: 0.005%FIL LtdSold 1,658,616 shares on 2/17/2024Ownership: 0.151%GSA Capital Partners LLPBought 12,195 shares on 2/16/2024Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions PRME Stock Analysis - Frequently Asked Questions Should I buy or sell Prime Medicine stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prime Medicine in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PRME shares. View PRME analyst ratings or view top-rated stocks. What is Prime Medicine's stock price target for 2024? 7 Wall Street analysts have issued 1 year price objectives for Prime Medicine's stock. Their PRME share price targets range from $9.00 to $26.00. On average, they anticipate the company's share price to reach $17.57 in the next twelve months. This suggests a possible upside of 149.9% from the stock's current price. View analysts price targets for PRME or view top-rated stocks among Wall Street analysts. How have PRME shares performed in 2024? Prime Medicine's stock was trading at $8.86 at the beginning of 2024. Since then, PRME stock has decreased by 20.7% and is now trading at $7.03. View the best growth stocks for 2024 here. When is Prime Medicine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our PRME earnings forecast. How were Prime Medicine's earnings last quarter? Prime Medicine, Inc. (NYSE:PRME) issued its quarterly earnings results on Friday, March, 1st. The company reported ($0.56) earnings per share for the quarter, missing analysts' consensus estimates of ($0.48) by $0.08. What ETFs hold Prime Medicine's stock? ETFs with the largest weight of Prime Medicine (NYSE:PRME) stock in their portfolio include Kelly CRISPR & Gene Editing Technology ETF (XDNA), TrueShares Technology, AI & Deep Learning ETF (LRNZ), ARK Genomic Revolution ETF (ARKG) and AXS Green Alpha ETF (NXTE).iShares Genomics Immunology and Healthcare ETF (IDNA). When did Prime Medicine IPO? Prime Medicine (PRME) raised $175 million in an IPO on Thursday, October 20th 2022. The company issued 10,294,118 shares at $16.00-$18.00 per share. Who are Prime Medicine's major shareholders? Prime Medicine's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.17%), Vanguard Group Inc. (3.38%), Sumitomo Mitsui Trust Holdings Inc. (3.62%), Nikko Asset Management Americas Inc. (3.62%), ARK Investment Management LLC (3.22%) and Price T Rowe Associates Inc. MD (2.28%). Insiders that own company stock include 2019 Gp LLC Gv and Robert Nelsen. View institutional ownership trends. How do I buy shares of Prime Medicine? Shares of PRME 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. 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