NASDAQ:EDIT - Editas Medicine Stock Price, News, & Analysis

$21.73
-0.78 (-3.47 %)
(As of 06/14/2019 04:00 PM ET)
Today's Range
$21.70
Now: $21.73
$22.76
50-Day Range
$20.55
MA: $23.01
$27.76
52-Week Range
$17.80
Now: $21.73
$41.43
Volume531,932 shs
Average Volume651,077 shs
Market Capitalization$1.07 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.47
Editas Medicine, Inc operates as a clinical stage genome editing company. The company focuses on developing transformative genomic medicines to treat a range of serious diseases. It develops a proprietary genome editing platform based on CRISPR technology to target genetically addressable diseases and therapeutic areas. The company develops EDIT-101 for Leber Congenital Amaurosis type 10, a genetic form of vision loss that leads to blindness in childhood. Read More…

Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:EDIT
CUSIPN/A
Phone617-401-9000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$31.94 million
Book Value$4.94 per share

Profitability

Net Income$-109,950,000.00
Net Margins-359.93%

Miscellaneous

Employees133
Market Cap$1.07 billion
Next Earnings Date8/5/2019 (Estimated)
OptionableOptionable

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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 earnings results on Tuesday, May, 7th. The company reported ($0.60) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.57) by $0.03. The firm had revenue of $2.07 million for the quarter, compared to the consensus estimate of $7.62 million. Editas Medicine had a negative net margin of 359.93% and a negative return on equity of 47.64%. The company's quarterly revenue was down 47.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.67) EPS. 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 Monday, August 5th 2019. View Earnings Estimates for Editas Medicine.

What price target have analysts set for EDIT?

9 brokers have issued 1-year target prices for Editas Medicine's stock. Their forecasts range from $30.00 to $55.00. On average, they expect Editas Medicine's stock price to reach $40.25 in the next twelve months. This suggests a possible upside of 85.2% from the stock's current price. View Analyst Price Targets for Editas Medicine.

What is the consensus analysts' recommendation for Editas Medicine?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Editas Medicine in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Editas Medicine.

Has Editas Medicine been receiving favorable news coverage?

Media headlines about EDIT stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Editas Medicine earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the stock's share price in the near term. View News Stories for Editas Medicine.

Who are some of Editas Medicine's key competitors?

What other stocks do shareholders of Editas Medicine own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Editas Medicine investors own include Crispr Therapeutics (CRSP), NVIDIA (NVDA), Micron Technology (MU), Intellia Therapeutics (NTLA), TransEnterix (TRXC), Portola Pharmaceuticals (PTLA), Alibaba Group (BABA), CA (CA), Advanced Micro Devices (AMD) and BlackRock (BLK).

Who are Editas Medicine's key executives?

Editas Medicine's management team includes the folowing people:
  • Dr. Charles Albright, Chief Scientific Officer (Age 61)
  • Ms. Cynthia L. Collins, Interim CEO & Director (Age 61)
  • Dr. Feng Zhang, Co-Founder & Scientific Advisory Board Member
  • Dr. George M. Church, Co-Founder & Scientific Advisory Board Member (Age 65)
  • Dr. J. Keith Joung, Co-Founder & Scientific Advisory Board Member

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 a price of $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 many different of institutional and retail investors. Top institutional investors include ARK Investment Management LLC (9.26%), BlackRock Inc. (7.70%), Morgan Stanley (3.81%), FMR LLC (1.58%), Nikko Asset Management Americas Inc. (1.51%) and Sumitomo Mitsui Trust Holdings Inc. (1.47%). Company insiders that own Editas Medicine stock include Andrew A F Hack, Charles Albright, Jessica Hopfield, Katrine Bosley 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 FMR LLC, JPMorgan Chase & Co., Trexquant Investment LP, Capital Advisors Inc. OK, Fiduciary Trust Co., Crestwood Advisors Group LLC, Morgan Stanley and First Trust Advisors LP. Company insiders that have sold Editas Medicine company stock in the last year include Andrew A F Hack, 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 ARK Investment Management LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Great Lakes Advisors LLC, BlackRock Inc., Renaissance Technologies LLC, Man Group plc and SHANDA ASSET MANAGEMENT HOLDINGS Ltd. 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 $21.73.

How big of a company is Editas Medicine?

Editas Medicine has a market capitalization of $1.07 billion and generates $31.94 million in revenue each year. The company earns $-109,950,000.00 in net income (profit) each year or ($2.33) on an earnings per share basis. Editas Medicine employs 133 workers across the globe.View Additional Information About Editas Medicine.

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:  2.1 out of 5 (star star)
Outperform Votes:  216 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  509
MarketBeat'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 6/15/2019 by MarketBeat.com Staff

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