NASDAQ:EDIT - Editas Medicine Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $26.83 +0.02 (+0.07 %) (As of 10/23/2018 04:00 PM ET)Previous Close$26.81Today's Range$25.80 - $27.3252-Week Range$20.29 - $45.02Volume841,400 shsAverage Volume1.13 million shsMarket Capitalization$1.31 billionP/E Ratio-9.00Dividend YieldN/ABeta3.37 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Editas Medicine, Inc. operates as a genome editing company. It focuses on treating patients with genetically defined diseases by correcting their disease causing genes. The company develops a proprietary genome editing platform based on CRISPR technology to target genetically defined diseases with an initial focus on debilitating illnesses where there are no approved treatments. It develops EDIT-101 for Leber Congenital Amaurosis type 10, a genetic form of vision loss that leads to blindness in childhood. The company also develops other therapies for eye diseases, such as Herpes Simplex Virus 1 that causes lifelong infections primarily leading to ocular and oral disease; and Usher Syndrome 2A, which is a form of retinitis pigmentosa that also includes hearing loss. In addition, it develops hematopoietic stem cells for treating sickle cell disease and beta thalassemia. Editas Medicine, Inc. has a collaboration and license agreement with Juno Therapeutics, Inc. for the research and development of engineered T cells with chimeric antigen receptors and T cell receptors; and strategic alliance and option agreement with Allergan Pharmaceuticals International Limited for the research and development of medicines for ocular diseases. The company was formerly known as Gengine, Inc. and changed its name to Editas Medicine Inc. in November 2013. Editas Medicine, Inc. was founded in 2013 and is based in Cambridge, Massachusetts. Receive EDIT News and Ratings via Email Sign-up to receive the latest news and ratings for EDIT and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:EDIT Previous Symbol CUSIPN/A Webwww.editasmedicine.com Phone617-401-9000 Debt Debt-to-Equity Ratio0.14 Current Ratio14.50 Quick Ratio14.50 Price-To-Earnings Trailing P/E Ratio-9.00 Forward P/E Ratio-8.94 P/E GrowthN/A Sales & Book Value Annual Sales$13.73 million Price / Sales93.17 Cash FlowN/A Price / CashN/A Book Value$4.59 per share Price / Book5.85 Profitability EPS (Most Recent Fiscal Year)($2.98) Net Income$-120,320,000.00 Net Margins-623.35% Return on Equity-61.27% Return on Assets-35.09% Miscellaneous Employees112 Outstanding Shares47,680,000Market Cap$1.31 billion OptionableOptionable Editas Medicine (NASDAQ:EDIT) Frequently Asked Questions What is Editas Medicine's stock symbol? Editas Medicine trades on the NASDAQ under the ticker symbol "EDIT." How were Editas Medicine's earnings last quarter? Editas Medicine Inc (NASDAQ:EDIT) announced its quarterly earnings results on Monday, August, 6th. The company reported ($0.82) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.67) by $0.15. The firm had revenue of $7.37 million for the quarter, compared to analyst estimates of $7.01 million. Editas Medicine had a negative return on equity of 61.27% and a negative net margin of 623.35%. The business's revenue was up 137.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.65) earnings per share. View Editas Medicine's Earnings History. When is Editas Medicine's next earnings date? Editas Medicine is scheduled to release their next quarterly earnings announcement on Tuesday, November 6th 2018. View Earnings Estimates for Editas Medicine. What price target have analysts set for EDIT? 11 brokers have issued 1 year price objectives for Editas Medicine's shares. Their forecasts range from $36.00 to $67.00. On average, they expect Editas Medicine's share price to reach $47.4286 in the next year. This suggests a possible upside of 76.8% from the stock's current price. View Analyst Price Targets for Editas Medicine. What is the consensus analysts' recommendation for Editas Medicine? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Editas Medicine in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Editas Medicine. What are Wall Street analysts saying about Editas Medicine stock? Here are some recent quotes from research analysts about Editas Medicine stock: 1. According to Zacks Investment Research, "Editas Medicine, Inc. is a genome editing company. It focuses on translating its genome editing technology into a novel class of human therapeutics which enable precise and corrective molecular modification to treat diseases. Editas Medicine, Inc. is based in Cambridge, Massachusetts. " (8/9/2018) 2. Cann analysts commented, "Editas Medicine announced on February 16 the appointment of Jessica Hopfield, Ph.D., to its Board of Directors, effective immediately. Dr. Hopfield is currently the Chairperson of the Board of Trustees of the Joslin Diabetes Center and serves as Lead Independent Director on the Board of Directors of Insulet Corporation. We believe Dr. Hopfield will bring significant commercial and operational experience to the Editas board." (2/16/2018) Who are some of Editas Medicine's key competitors? Some companies that are related to Editas Medicine include Ablynx (ABLYF), Aerie Pharmaceuticals (AERI), argenx (ARGX), Repligen (RGEN), Halozyme Therapeutics (HALO), Acceleron Pharma (XLRN), China Biologic Products (CBPO), Regenxbio (RGNX), Spark Therapeutics (ONCE), Crispr Therapeutics (CRSP), Atara Biotherapeutics (ATRA), Denali Therapeutics (DNLI), Sangamo Therapeutics (SGMO), Rubius Therapeutics (RUBY) and Solid Biosciences (SLDB). Who are Editas Medicine's key executives? Editas Medicine's management team includes the folowing people: Ms. Katrine S. Bosley, CEO, Pres & Director (Age 50)Dr. Andrew A. F. Hack, Chief Financial Officer (Age 44)Dr. Charles Albright, Chief Scientific Officer (Age 60)Dr. Feng Zhang, Co-Founder & Scientific Advisory Board MemberDr. George M. Church, Co-Founder & Scientific Advisory Board Member (Age 64) When did Editas Medicine IPO? (EDIT) raised $100 million in an IPO on Wednesday, February 3rd 2016. The company issued 5,900,000 shares at $16.00-$18.00 per share. Morgan Stanley and J.P. Morgan acted as the underwriters for the IPO and Cowen and Company and JMP Securities were co-managers. Who are Editas Medicine's major shareholders? Editas Medicine's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Chevy Chase Trust Holdings Inc. (1.05%), Handelsbanken Fonder AB (0.28%), Handelsbanken Fonder AB (0.28%), Elmwood Wealth Management Inc. (0.20%), Capital Impact Advisors LLC (0.12%) and First American Bank (0.03%). Company insiders that own Editas Medicine stock include Alexandra Glucksmann, Andrew A F Hack, Boris Nikolic, Charles Albright, Gerald Frank Cox, Jessica Hopfield, Katrine Bosley, Kevin Bitterman, Polaris Venture Management Co and Vickesh Myer. View Institutional Ownership Trends for Editas Medicine. Which major investors are selling Editas Medicine stock? EDIT stock was sold by a variety of institutional investors in the last quarter, including Elmwood Wealth Management Inc.. Company insiders that have sold Editas Medicine company stock in the last year include Andrew A F Hack, Charles Albright, Katrine Bosley and Vickesh Myer. View Insider Buying and Selling for Editas Medicine. Which major investors are buying Editas Medicine stock? EDIT stock was acquired by a variety of institutional investors in the last quarter, including Chevy Chase Trust Holdings Inc., Handelsbanken Fonder AB, Handelsbanken Fonder AB, First American Bank, Capital Impact Advisors LLC and TRUE Private Wealth Advisors. Company insiders that have bought Editas Medicine stock in the last two years include Boris Nikolic, Gerald Frank Cox and Jessica Hopfield. View Insider Buying and Selling for Editas Medicine. How do I buy shares of Editas Medicine? Shares of EDIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Editas Medicine's stock price today? One share of EDIT stock can currently be purchased for approximately $26.83. How big of a company is Editas Medicine? Editas Medicine has a market capitalization of $1.31 billion and generates $13.73 million in revenue each year. The company earns $-120,320,000.00 in net income (profit) each year or ($2.98) on an earnings per share basis. Editas Medicine employs 112 workers across the globe. What is Editas Medicine's official website? The official website for Editas Medicine is http://www.editasmedicine.com. How can I contact Editas Medicine? Editas Medicine's mailing address is 11 Hurley Street, Cambridge MA, 02141. The company can be reached via phone at 617-401-9000 or via email at [email protected] MarketBeat Community Rating for Editas Medicine (NASDAQ EDIT)Community Ranking: 2.0 out of 5 ( )Outperform Votes: 174 (Vote Outperform)Underperform Votes: 252 (Vote Underperform)Total Votes: 426MarketBeat's community ratings are surveys of what our community members think about Editas Medicine and other stocks. Vote "Outperform" if you believe EDIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EDIT will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 10/23/2018 by MarketBeat.com StaffFeatured Article: Do stock splits help investors?