NASDAQ:MDCO - The Medicines Stock Price, Price Target & More

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$39.80 -0.28 (-0.70 %)
(As of 07/22/2018 10:54 AM ET)
Previous Close$39.80
Today's Range$39.64 - $40.17
52-Week Range$24.45 - $43.79
Volume379,723 shs
Average Volume890,750 shs
Market Capitalization$2.93 billion
P/E Ratio-4.74
Dividend YieldN/A
Beta0.69
The Medicines logoThe Medicines Company, a biopharmaceutical company, provides medicines to treat acute and intensive care patients. The company markets Angiomax, an intravenous direct thrombin inhibitor used as an anticoagulant in combination with aspirin in patients with unstable angina undergoing percutaneous transluminal coronary angioplasty, and for patients undergoing percutaneous coronary intervention in the United States. It primarily focuses on developing Inclisiran, a lipid-lowering drug to reduce LDL-cholesterol (LDL-C) in patients with atherosclerotic cardiovascular disease or cardiovascular risk-equivalents. The company has collaboration agreements with Alnylam Pharmaceuticals, Inc.; SciClone Pharmaceuticals; and Symbio Pharmaceuticals Limited. The Medicines Company was founded in 1996 and is based in Parsippany, New Jersey.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryPharmaceuticals
SectorMedical
SymbolNASDAQ:MDCO
CUSIP58468810
Phone973-290-6000

Debt

Debt-to-Equity Ratio9.70
Current Ratio2.56
Quick Ratio2.52

Price-To-Earnings

Trailing P/E Ratio-4.74
Forward P/E Ratio-11.34
P/E GrowthN/A

Sales & Book Value

Annual Sales$44.79 million
Price / Sales65.41
Cash FlowN/A
Price / CashN/A
Book Value$0.34 per share
Price / Book117.06

Profitability

EPS (Most Recent Fiscal Year)($8.40)
Net Income$-708,370,000.00
Net Margins-1,109.21%
Return on Equity-609.97%
Return on Assets-66.38%

Miscellaneous

Employees170
Outstanding Shares73,610,000
Market Cap$2,929.72

The Medicines (NASDAQ:MDCO) Frequently Asked Questions

What is The Medicines' stock symbol?

The Medicines trades on the NASDAQ under the ticker symbol "MDCO."

How were The Medicines' earnings last quarter?

The Medicines Company (NASDAQ:MDCO) announced its quarterly earnings results on Wednesday, April, 25th. The company reported ($0.77) earnings per share for the quarter, topping the consensus estimate of ($0.80) by $0.03. The firm earned $7.71 million during the quarter, compared to analysts' expectations of $9.21 million. The Medicines had a negative net margin of 1,109.21% and a negative return on equity of 609.97%. The company's revenue was down 55.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($1.05) EPS. View The Medicines' Earnings History.

When is The Medicines' next earnings date?

The Medicines is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for The Medicines.

What price target have analysts set for MDCO?

8 analysts have issued 12 month price targets for The Medicines' stock. Their predictions range from $40.00 to $85.00. On average, they anticipate The Medicines' stock price to reach $52.6250 in the next year. This suggests a possible upside of 32.2% from the stock's current price. View Analyst Ratings for The Medicines.

What is the consensus analysts' recommendation for The Medicines?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Medicines in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about The Medicines stock?

Here are some recent quotes from research analysts about The Medicines stock:
  • 1. According to Zacks Investment Research, "The Medicines Co. reported wider-than-expected loss in the first quarter of 2018 with revenues missing estimates. The company’s pipeline boasts a potential blockbuster candidate, inclisiran, being developed for hypercholesterolemia. Moreover, the company implemented a workforce lay-off last year for better alignment of its cost and structure. We are also encouraged by The Medicines Co.’s regular divestiture of non-core products. This would help optimize its capital structure and enhance its liquidity position. However, with Angiomax sales eroding due to presence of generics, the company’s ability to successfully develop and bring in new products to the market is highly important for growth. Any regulatory setback would weigh heavily on the stock. Shares of the company have underperformed the industry in a year’s time." (5/2/2018)
  • 2. Chardan Capital analysts commented, "We found particularly notable: (1) MDCO completing recruitment in just 11 weeks for its 1500-patient ORION-11 pivotal phase III trial of siRNA- based PSCK9 synthesis inhibitor inclisiran (partnered with Alnylam, Buy) and may thus have its first top-line pivotal results in 3Q19, (2) the confirmation commercial scale manufacturing for inclisiran has been achieved, and (3) new inclisiran efficacy data in HoFH to us suggesting efficacy beyond mAb PCSK9 inhibitors. With inclisiran to us having clear momentum towards 2H19E pivotal data and what we expect will be $4.7 billion in 2030E peak sales, we make MDCO a Chardan Top Pick for 2018." (1/24/2018)

Are investors shorting The Medicines?

The Medicines saw a decrease in short interest during the month of June. As of June 15th, there was short interest totalling 19,433,286 shares, a decrease of 6.0% from the May 31st total of 20,683,804 shares. Based on an average daily trading volume, of 882,040 shares, the days-to-cover ratio is presently 22.0 days. Currently, 27.7% of the company's shares are sold short. View The Medicines' Current Options Chain.

Who are some of The Medicines' key competitors?

Who are The Medicines' key executives?

The Medicines' management team includes the folowing people:
  • Dr. Fredric N. Eshelman, Exec. Chairman (Age 69)
  • Dr. Clive A. Meanwell, CEO & Director (Age 60)
  • Mr. Stephen M. Rodin J.D., Exec. VP, Gen. Counsel & Sec. (Age 42)
  • Mr. Christopher T. Cox, Chief Corp. Devel. Officer and Exec. VP (Age 53)
  • Mr. William B. O'Connor, Special Advisor to the Chief Exec. Officer (Age 59)

Has The Medicines been receiving favorable news coverage?

Press coverage about MDCO stock has been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The Medicines earned a news sentiment score of 0.07 on Accern's scale. They also gave news stories about the company an impact score of 47.13 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are The Medicines' major shareholders?

The Medicines' stock is owned by a number of of institutional and retail investors. Top institutional investors include Creative Planning (0.11%), TIAA FSB (0.08%), Municipal Employees Retirement System of Michigan (0.02%) and Nisa Investment Advisors LLC (0.01%). Company insiders that own The Medicines stock include Alexander J Denner, Armin M Kessler, Christopher T Cox, Clive Meanwell, Fredric N Eshelman, Melvin K Spigelman, William Bernard O'connor and William Crouse. View Institutional Ownership Trends for The Medicines.

Which major investors are selling The Medicines stock?

MDCO stock was sold by a variety of institutional investors in the last quarter, including Creative Planning, Municipal Employees Retirement System of Michigan and Nisa Investment Advisors LLC. Company insiders that have sold The Medicines company stock in the last year include Armin M Kessler, Clive Meanwell, Melvin K Spigelman and William Crouse. View Insider Buying and Selling for The Medicines.

Which major investors are buying The Medicines stock?

MDCO stock was purchased by a variety of institutional investors in the last quarter, including TIAA FSB. Company insiders that have bought The Medicines stock in the last two years include Alexander J Denner, Christopher T Cox and Fredric N Eshelman. View Insider Buying and Selling for The Medicines.

How do I buy shares of The Medicines?

Shares of MDCO 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 The Medicines' stock price today?

One share of MDCO stock can currently be purchased for approximately $39.80.

How big of a company is The Medicines?

The Medicines has a market capitalization of $2.93 billion and generates $44.79 million in revenue each year. The company earns $-708,370,000.00 in net income (profit) each year or ($8.40) on an earnings per share basis. The Medicines employs 170 workers across the globe.

How can I contact The Medicines?

The Medicines' mailing address is 8 SYLVAN WAY, PARSIPPANY NJ, 07054. The company can be reached via phone at 973-290-6000 or via email at [email protected]


MarketBeat Community Rating for The Medicines (NASDAQ MDCO)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  389 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  647
MarketBeat's community ratings are surveys of what our community members think about The Medicines and other stocks. Vote "Outperform" if you believe MDCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MDCO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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