NASDAQ:EDIT Editas Medicine - EDIT Stock Forecast, Price & News 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. $7.03 -0.38 (-5.13%) (As of 03/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.00▼$7.5250-Day Range$7.03▼$11.5352-Week Range$7.00▼$21.59Volume2.00 million shsAverage Volume1.75 million shsMarket Capitalization$484.86 millionP/E RatioN/ADividend YieldN/APrice Target$15.33 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Editas Medicine MarketRank™ ForecastAnalyst RatingHold2.21 Rating ScoreUpside/Downside118.1% Upside$15.33 Price TargetShort InterestBearish29.93% of Shares Sold ShortDividend StrengthN/ASustainability-0.84Upright™ Environmental ScoreNews Sentiment0.26Based on 7 Articles This WeekInsider TradingSelling Shares$89,105 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($2.95) to ($2.94) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.31 out of 5 starsMedical Sector276th out of 1,009 stocksBiological Products, Except Diagnostic Industry52nd out of 166 stocks 4.1 Analyst's Opinion Consensus RatingEditas Medicine has received a consensus rating of Hold. The company's average rating score is 2.21, and is based on 5 buy ratings, 7 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.33, Editas Medicine has a forecasted upside of 118.1% from its current price of $7.03.Amount of Analyst CoverageEditas Medicine has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 0.0 Short Interest Percentage of Shares Shorted29.93% 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 11.9, which indicates bearish sentiment.Change versus previous monthShort interest in Editas Medicine has recently increased by 7.72%, 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 4.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEditas Medicine has received a 74.40% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Clinical research services for physical health" and "Preclinical research services for physical health" products. See details.Environmental SustainabilityThe Environmental Impact score for Editas Medicine is -0.84. Previous Next 2.4 News and Social Media Coverage News SentimentEditas Medicine has a news sentiment score of 0.26. 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 0.61 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Editas Medicine this week, compared to 2 articles on an average week.Search InterestOnly 23 people have searched for EDIT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows21 people have added Editas Medicine to their MarketBeat watchlist in the last 30 days. This is an increase of 11% 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 $89,105.00 in company stock.Percentage Held by InsidersOnly 1.30% of the stock of Editas Medicine is held by insiders.Percentage Held by Institutions69.67% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Editas Medicine are expected to grow in the coming year, from ($2.95) to ($2.94) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Editas Medicine is -2.19, 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 -2.19, 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 1.34. 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 About Editas Medicine (NASDAQ:EDIT) StockEditas Medicine, Inc. engages in the development and commercialization of genome editing technology. Its technology includes clustered, regularly interspaced short palindromic repeats (CRISPR), and CRISPR associated protein 9 (Cas9). The company was founded by Feng Zhang, Jennifer A. Doudna, George McDonald Church, J. Keith Joung and David R. Liu in September 2013 and is headquartered in Cambridge, MA.Read More 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 EDIT Stock News HeadlinesMarch 30, 2023 | finance.yahoo.com2 Reasons to Sell Editas Medicine Stock and 1 Reason to Buy ItMarch 28, 2023 | finance.yahoo.comAdvent International Appoints Biopharma Executive James Mullen as Operating PartnerMarch 30, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 28, 2023 | marketwatch.comCRISPR Cas9 Market 2023 Size and Forecast to 2030March 27, 2023 | marketwatch.comGlobal Duchenne Muscular Dystrophy Drugs Market Size 2023 to 2026 Size and Share Survey ReportMarch 26, 2023 | marketwatch.comGenome Editing/Genome Engineering Market: New Forecast Report 2029March 21, 2023 | marketwatch.comCRISPR Cas9 Market to 2023-2028March 21, 2023 | americanbankingnews.comBrokerages Set Editas Medicine, Inc. (NASDAQ:EDIT) Target Price at $15.33March 30, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 14, 2023 | marketwatch.comCRISPR & Cas Genes Market Opportunity Analysis and Forecast 2023 to 2028March 8, 2023 | marketwatch.comCRISPR Cas9 Market Trade Research Report 2023-2028March 6, 2023 | marketwatch.com2023, Dystrophin Market is thriving worldwide by 2028February 24, 2023 | seekingalpha.comEditas Medicine, Inc. (EDIT) Q4 2022 Earnings Call TranscriptFebruary 23, 2023 | finance.yahoo.comEditas Medicine, Inc. (NASDAQ:EDIT) Q4 2022 Earnings Call TranscriptFebruary 23, 2023 | finance.yahoo.comEditas (EDIT) Q4 Earnings Miss Estimates, Pipeline in FocusFebruary 22, 2023 | seekingalpha.comEditas rises on Q4 revenue beat, gene-editing therapy data for sickle cell disease by mid-yearFebruary 22, 2023 | marketwatch.comCRISPR Cas9 Market Booming With Rising Demands and Massive Opportunities, 2023 - 2028February 21, 2023 | msn.comEditas Medicine Earnings PreviewFebruary 14, 2023 | msn.comAre Medical Stocks Lagging Editas Medicine (EDIT) This Year?February 14, 2023 | finance.yahoo.comAre Medical Stocks Lagging Editas Medicine (EDIT) This Year?February 8, 2023 | finance.yahoo.comStrong week for Editas Medicine (NASDAQ:EDIT) shareholders doesn't alleviate pain of five-year lossFebruary 4, 2023 | finance.yahoo.com3 No-Brainer Stocks to Buy Right Now for Less Than $25February 3, 2023 | finance.yahoo.comWhy Editas Medicine's Shares Jumped This WeekFebruary 3, 2023 | finance.yahoo.comIs Editas Medicine Stock a Buy Now?January 26, 2023 | benzinga.comMorgan Stanley Maintains Underweight on Editas Medicine, Lowers Price Target to $7January 24, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Healthcare Stocks: Intercept Pharma (ICPT), Synlogic (SYBX) and Editas Medicine (EDIT)January 20, 2023 | finance.yahoo.comEditas (EDIT) Moves Ahead With its Portfolio ReprioritizationSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 EDIT Company Calendar Last Earnings2/22/2023Today3/30/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:EDIT CUSIPN/A CIK1650664 Webwww.editasmedicine.com Phone(617) 401-9000FaxN/AEmployees264Year FoundedN/APrice Target and Rating Average Stock Price Forecast$15.33 High Stock Price Forecast$35.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+117.2%Consensus RatingHold Rating Score (0-4)2.21 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)($3.21) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-220,430,000.00 Net Margins-1,118.32% Pretax Margin-1,118.26% Return on Equity-50.28% Return on Assets-39.20% Debt Debt-to-Equity RatioN/A Current Ratio5.93 Quick Ratio5.94 Sales & Book Value Annual Sales$19.71 million Price / Sales24.70 Cash FlowN/A Price / Cash FlowN/A Book Value$5.25 per share Price / Book1.34Miscellaneous Outstanding Shares68,970,000Free Float68,073,000Market Cap$486.93 million OptionableOptionable Beta1.90 Key ExecutivesGilmore O’NeillPresident, Chief Executive Officer & DirectorHarry R. GillSenior Vice President-OperationsMichelle RobertsonChief Financial Officer & TreasurerBruce E. EatonExecutive VP, Chief Business & Technology OfficerMark S. ShearmanChief Scientific Officer & Executive VPKey CompetitorsCoherus BioSciencesNASDAQ:CHRSAgenusNASDAQ:AGENAlectorNASDAQ:ALECiTeos TherapeuticsNASDAQ:ITOSFate TherapeuticsNASDAQ:FATEView All CompetitorsInsiders & InstitutionsRockefeller Capital Management L.P.Sold 1,765 shares on 3/6/2023Ownership: 0.025%Michelle RobertsonSold 184 sharesTotal: $1,635.76 ($8.89/share)Bruce EatonSold 101 sharesTotal: $897.89 ($8.89/share)Parallax Volatility Advisers L.P.Sold 102,500 shares on 2/27/2023Ownership: 0.000%E Fund Management Co. Ltd.Bought 10,288 shares on 2/15/2023Ownership: 0.059%View All Insider TransactionsView All Institutional Transactions EDIT Stock - Frequently Asked Questions Should I buy or sell Editas Medicine stock right now? 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Editas Medicine in the last twelve months. There are currently 2 sell ratings, 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EDIT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EDIT, but not buy additional shares or sell existing shares. View EDIT analyst ratings or view top-rated stocks. What is Editas Medicine's stock price forecast for 2023? 14 Wall Street research analysts have issued 12 month price targets for Editas Medicine's shares. Their EDIT share price forecasts range from $7.00 to $35.00. On average, they anticipate the company's stock price to reach $15.33 in the next twelve months. This suggests a possible upside of 117.2% 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 2023? Editas Medicine's stock was trading at $8.87 at the start of the year. Since then, EDIT shares have decreased by 20.4% and is now trading at $7.06. View the best growth stocks for 2023 here. Are investors shorting Editas Medicine? Editas Medicine saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 20,640,000 shares, an increase of 7.7% from the February 28th total of 19,160,000 shares. Based on an average daily trading volume, of 1,740,000 shares, the days-to-cover ratio is presently 11.9 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 Wednesday, May 3rd 2023. View our EDIT earnings forecast. How were Editas Medicine's earnings last quarter? Editas Medicine, Inc. (NASDAQ:EDIT) announced its earnings results on Wednesday, February, 22nd. The company reported ($0.88) earnings per share for the quarter, missing the consensus estimate of ($0.84) by $0.04. The company earned $6.54 million during the quarter, compared to analysts' expectations of $3.76 million. Editas Medicine had a negative trailing twelve-month return on equity of 50.28% and a negative net margin of 1,118.32%. The company's quarterly revenue was down 47.6% compared to the same quarter last year. During the same period last year, the firm posted ($0.61) earnings per share. 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), AXS Green Alpha ETF (NXTE), iShares Genomics Immunology and Healthcare ETF (IDNA), Global X Genomics & Biotechnology ETF (GNOM), SPDR S&P Biotech ETF (XBI), ROBO Global Healthcare Technology and Innovation ETF (HTEC), Virtus LifeSci Biotech Clinical Trials ETF (BBC) and Direxion Daily S&P Biotech Bull 3x Shares (LABU). 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 acted as the underwriters for the IPO and Cowen and Company and JMP Securities were co-managers. What is Editas Medicine's stock symbol? Editas Medicine trades on the NASDAQ under the ticker symbol "EDIT." Who are Editas Medicine's major shareholders? Editas Medicine's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Millennium Management LLC (3.12%), Dimensional Fund Advisors LP (2.40%), Geode Capital Management LLC (2.01%), JPMorgan Chase & Co. (1.72%), Credit Suisse AG (1.43%) and Two Sigma Investments LP (1.39%). Insiders that own company stock include Bruce Eaton, Charles Albright, Cynthia Collins, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Editas Medicine's stock price today? One share of EDIT stock can currently be purchased for approximately $7.06. How much money does Editas Medicine make? Editas Medicine (NASDAQ:EDIT) has a market capitalization of $486.93 million and generates $19.71 million in revenue each year. The company earns $-220,430,000.00 in net income (profit) each year or ($3.21) on an earnings per share basis. How many employees does Editas Medicine have? The company employs 264 workers across the globe. How can I contact Editas Medicine? Editas Medicine's mailing address is 11 Hurley Street, Cambridge MA, 02141. The official website for the company is www.editasmedicine.com. The company can be reached via phone at (617) 401-9000 or via email at mark.mullikin@editasmed.com. This page (NASDAQ:EDIT) was last updated on 3/30/2023 by MarketBeat.com Staff 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. 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