NASDAQ:EDIT Editas Medicine (EDIT) Stock Price, News & Analysis → AI Cracks Open Largest Untapped Energy Reserve on Earth (From Banyan Hill Publishing) (Ad) Free EDIT Stock Alerts $7.72 -0.41 (-5.04%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$7.70▼$8.1250-Day Range$7.03▼$11.0752-Week Range$6.08▼$11.91Volume2.66 million shsAverage Volume1.87 million shsMarket Capitalization$631.57 millionP/E RatioN/ADividend YieldN/APrice Target$15.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Editas Medicine alerts: Email Address Editas Medicine MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside94.3% Upside$15.00 Price TargetShort InterestBearish16.53% of Shares Sold ShortDividend StrengthN/ASustainability-0.94Upright™ Environmental ScoreNews Sentiment0.17Based on 4 Articles This WeekInsider TradingSelling Shares$924,582 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($2.66) to ($2.80) 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.3.69 out of 5 starsMedical Sector275th out of 947 stocksBiological Products, Except Diagnostic Industry34th out of 159 stocks 3.3 Analyst's Opinion Consensus RatingEditas Medicine has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, Editas Medicine has a forecasted upside of 94.3% from its current price of $7.72.Amount of Analyst CoverageEditas Medicine has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted16.53% of the outstanding shares of Editas Medicine have been sold short.Short Interest Ratio / Days to CoverEditas Medicine has a short interest ratio ("days to cover") of 7.Change versus previous monthShort interest in Editas Medicine has recently increased by 7.39%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEditas Medicine does not currently pay a dividend.Dividend GrowthEditas Medicine does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEditas Medicine has received a 67.67% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Preclinical research services for physical health", "Clinical research services for physical health", and "Clinical research services for genetic diseases" products. See details.Environmental SustainabilityThe Environmental Impact score for Editas Medicine is -0.94. Previous Next 2.9 News and Social Media Coverage News SentimentEditas Medicine has a news sentiment score of 0.17. 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 0.63 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Editas Medicine this week, compared to 3 articles on an average week.Search Interest37 people have searched for EDIT on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.MarketBeat Follows15 people have added Editas Medicine to their MarketBeat watchlist in the last 30 days. This is an increase of 7% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Editas Medicine insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $924,582.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of Editas Medicine is held by insiders.Percentage Held by Institutions76.61% of the stock of Editas Medicine is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Editas Medicine are expected to decrease in the coming year, from ($2.66) to ($2.80) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Editas Medicine is -3.77, 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 Editas Medicine is -3.77, 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 RatioEditas Medicine has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About Editas Medicine Stock (NASDAQ:EDIT)Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. It develops a proprietary gene editing platform based on CRISPR technology. The company develops EDIT-101, which is in Phase 1/2 BRILLIANCE trial for Leber Congenital Amaurosis; and reni-cel, a clinical development gene-edited medicine to treat sickle cell disease and transfusion-dependent beta-thalassemia. In addition, the company is developing alpha-beta T cells for solid and liquid tumors; and gamma delta T cell therapies to treat cancer. It has a research collaboration with Juno Therapeutics, Inc. to develop engineered T cells for cancer; strategic alliance and option agreement with Allergan Pharmaceuticals International Limited. The company was formerly known as Gengine, Inc. and changed its name to Editas Medicine, Inc. in November 2013. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts.Read More EDIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EDIT Stock News HeadlinesMarch 13, 2024 | seekingalpha.comEditas Medicine, Inc. (EDIT) Presents at Barclays 26th Annual Global Healthcare Conference (Transcript)March 12, 2024 | seekingalpha.comEditas Medicine, Inc. (EDIT) Leerink Partners Global Biopharma Conference (Transcript)March 19, 2024 | Crypto 101 Media (Ad)Like Tiny Crypto Retirement FundsThe crypto bull market is about to blast off. Bitcoin and Ethereum are surging. But so are tiny altcoins that could be so profitable… They're like tiny crypto retirement funds. March 7, 2024 | fool.com1 Wall Street Analyst Raises Editas Medicine's Price Target by 45%. Here's Why She's Right.March 6, 2024 | seekingalpha.comEditas Medicine, Inc. (EDIT) TD Cowen 44th Annual Healthcare Conference (Transcript)March 4, 2024 | fool.com1 Beaten-Down Stock With 55% Upside, According to Wall StreetMarch 2, 2024 | fool.comWhy Editas Medicine Stock Soared as Much as 42% Higher This WeekMarch 1, 2024 | markets.businessinsider.comStrong Buy Rating for Editas Medicine: Promising Pipeline and Strategic IP Position Drive OptimismMarch 19, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.February 29, 2024 | markets.businessinsider.comHold Rating on Editas Medicine Pending Clinical Trial Outcomes and Market Differentiation PotentialFebruary 29, 2024 | finance.yahoo.comQ4 2023 Editas Medicine Inc Earnings CallFebruary 28, 2024 | msn.comEditas Medicine files for mixed shelf offeringFebruary 28, 2024 | marketwatch.comEditas Medicine Shares Rally After Reni-cel Study UpgradeFebruary 28, 2024 | msn.comEditas Medicine GAAP EPS of -$0.23 beats by $0.23, revenue of $60.04M beats by $52.32MFebruary 28, 2024 | markets.businessinsider.comHere's what Wall Street expects from Editas Medicine's earnings reportFebruary 28, 2024 | finance.yahoo.comEditas Medicine Inc (EDIT) Reports Improved Financials and Advances in Gene Editing TrialsFebruary 28, 2024 | msn.comEditas spikes as Vertex Pharma deal boosts Q4 toplineFebruary 28, 2024 | globenewswire.comEditas Medicine Announces Fourth Quarter and Full Year 2023 Results and Business UpdatesFebruary 27, 2024 | benzinga.comEarnings Outlook For Editas MedicineFebruary 27, 2024 | msn.comEditas Medicine Q4 2023 Earnings PreviewFebruary 24, 2024 | finance.yahoo.comEDIT Mar 2024 7.000 putFebruary 24, 2024 | ca.finance.yahoo.comEDIT Mar 2024 12.000 callFebruary 21, 2024 | globenewswire.comEditas Medicine Announces Fourth Quarter and Full Year 2023 Results Conference Call and Upcoming Investor EventsFebruary 19, 2024 | finance.yahoo.comWall Street Analysts Believe Editas (EDIT) Could Rally 80%: Here's is How to TradeFebruary 13, 2024 | seekingalpha.comEditas Medicine, Inc. (EDIT) Oppenheimer 34th Annual Healthcare Life Sciences Conference (Transcript)February 13, 2024 | finance.yahoo.comTwo GV partners on biotech’s reset and building their next drug startupsFebruary 12, 2024 | fool.caNASDAQ:EDIT (Editas Medicine)See More Headlines Receive EDIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Editas Medicine and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/28/2024Today3/18/2024Next Earnings (Estimated)5/03/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:EDIT CUSIPN/A CIK1650664 Webwww.editasmedicine.com Phone(617) 401-9000FaxN/AEmployees265Year FoundedN/APrice Target and Rating Average Stock Price Target$15.00 High Stock Price Target$20.00 Low Stock Price Target$9.00 Potential Upside/Downside+94.3%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($2.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-153,220,000.00 Net Margins-196.12% Pretax Margin-196.12% Return on Equity-42.95% Return on Assets-30.49% Debt Debt-to-Equity RatioN/A Current Ratio5.39 Quick Ratio5.39 Sales & Book Value Annual Sales$78.12 million Price / Sales8.08 Cash FlowN/A Price / Cash FlowN/A Book Value$4.27 per share Price / Book1.81Miscellaneous Outstanding Shares81,810,000Free Float80,014,000Market Cap$631.57 million OptionableOptionable Beta2.06 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesDr. Gilmore O'Neill M.D. (Age 59)President, CEO & Director Comp: $815.37kDr. Baisong Mei M.D.Ph.D., Senior VP & Chief Medical OfficerDr. Feng Zhang Ph.D.Co-Founder & Scientific Advisory Board MemberDr. George McDonald Church Ph.D. (Age 70)Co-Founder & Scientific Advisory Board Member Dr. J. Keith Joung M.D.Ph.D., Co-Founder & Scientific Advisory Board MemberDr. David R. Liu Ph.D.Co-Founder & Scientific Advisory Board MemberDr. Linda C. Burkly Ph.D.Executive VP & Chief Scientific OfficerCristi BarnettCorporate Communications & Investor RelationsMs. Charlene Stern J.D.Ph.D., Executive VP & General CounselMs. Linea Aspesi (Age 54)Executive VP & Chief People Officer More ExecutivesKey CompetitorsNovavaxNASDAQ:NVAXFusion PharmaceuticalsNASDAQ:FUSNCullinan OncologyNASDAQ:CGEMExscientiaNASDAQ:EXAIC4 TherapeuticsNASDAQ:CCCCView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 74,351 shares on 3/11/2024Ownership: 10.343%Gilmore Neil O'neillSold 77,824 sharesTotal: $733,102.08 ($9.42/share)Baisong MeiSold 20,327 sharesTotal: $191,480.34 ($9.42/share)Virtu Financial LLCBought 73,886 shares on 2/26/2024Ownership: 0.090%Price T Rowe Associates Inc. MDSold 1,262 shares on 2/16/2024Ownership: 0.052%View All Insider TransactionsView All Institutional Transactions EDIT Stock Analysis - Frequently Asked Questions Should I buy or sell Editas Medicine stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Editas Medicine in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EDIT shares. View EDIT analyst ratings or view top-rated stocks. What is Editas Medicine's stock price target for 2024? 9 equities research analysts have issued 12 month price targets for Editas Medicine's shares. Their EDIT share price targets range from $9.00 to $20.00. On average, they expect the company's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 94.3% from the stock's current price. View analysts price targets for EDIT or view top-rated stocks among Wall Street analysts. How have EDIT shares performed in 2024? Editas Medicine's stock was trading at $10.13 at the beginning of 2024. Since then, EDIT stock has decreased by 23.8% and is now trading at $7.72. View the best growth stocks for 2024 here. Are investors shorting Editas Medicine? Editas Medicine saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 13,520,000 shares, an increase of 7.4% from the February 14th total of 12,590,000 shares. Based on an average trading volume of 1,940,000 shares, the days-to-cover ratio is currently 7.0 days. View Editas Medicine's Short Interest. When is Editas Medicine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our EDIT earnings forecast. How were Editas Medicine's earnings last quarter? Editas Medicine, Inc. (NASDAQ:EDIT) issued its quarterly earnings data on Wednesday, February, 28th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.52) by $0.29. The firm had revenue of $60 million for the quarter, compared to analyst estimates of $4.84 million. Editas Medicine had a negative net margin of 196.12% and a negative trailing twelve-month return on equity of 42.95%. The company's revenue was up 817.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.88) EPS. What ETFs hold Editas Medicine's stock? ETFs with the largest weight of Editas Medicine (NASDAQ:EDIT) stock in their portfolio include Kelly CRISPR & Gene Editing Technology ETF (XDNA), iShares Genomics Immunology and Healthcare ETF (IDNA), Horizon Kinetics Medical ETF (MEDX), Direxion Moonshot Innovators ETF (MOON), Global X Genomics & Biotechnology ETF (GNOM) and AXS Green Alpha ETF (NXTE).WisdomTree BioRevolution Fund (WDNA) and 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), Block (SQ), Advanced Micro Devices (AMD), Alibaba Group (BABA), QUALCOMM (QCOM), Cisco Systems (CSCO) and Skyworks Solutions (SWKS). 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 served 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.36%), Vanguard Group Inc. (10.34%), Dimensional Fund Advisors LP (2.93%), Northern Trust Corp (1.07%), Charles Schwab Investment Management Inc. (0.84%) and Nuveen Asset Management LLC (0.79%). Insiders that own company stock include Baisong Mei, Bruce Eaton, Gilmore Neil O'neill, James C Mullen, Lisa Anne Michaels, Mark S Shearman and Michelle Robertson. View institutional ownership trends. How do I buy shares of Editas Medicine? Shares of EDIT 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:EDIT) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceDid you make $29,000 two days with AI options trades?Prosper Trading AcademyThe world’s greatest investmentPorter & CompanyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing 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 Editas Medicine, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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