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The Medicines Stock Price, News & Analysis (NASDAQ:MDCO)

$57.00
+2.41 (+4.41 %)
(As of 10/18/2019 02:07 AM ET)
Today's Range
$54.50
Now: $57.01
$57.23
50-Day Range
$41.68
MA: $48.65
$56.91
52-Week Range
$16.69
Now: $57.01
$57.23
Volume1.15 million shs
Average Volume1.54 million shs
Market Capitalization$4.52 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.91
The Medicines Company, a biopharmaceutical company, focuses on developing therapeutics for the treatment of therosclerotic cardiovascular disease. The company is developing Inclisiran, an investigational RNA interference therapeutic that inhibits production of proprotein convertase subtilisin/kexin type 9, which controls LDL-cholesterol levels. It has collaboration agreement with Alnylam Pharmaceuticals, Inc The Medicines Company was founded in 1996 and is headquartered in Parsippany, New Jersey.

Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryPharmaceuticals
SectorMedical
Current SymbolNASDAQ:MDCO
CUSIP58468810
Phone973-290-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.14 million
Book Value($0.30) per share

Profitability

Net Income$-123,160,000.00

Miscellaneous

Employees62
Market Cap$4.52 billion
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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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) issued its quarterly earnings results on Wednesday, July, 24th. The company reported ($0.71) EPS for the quarter, topping the consensus estimate of ($0.73) by $0.02. During the same quarter in the previous year, the business posted ($0.63) earnings per share. View The Medicines' Earnings History.

When is The Medicines' next earnings date?

The Medicines is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for The Medicines.

What price target have analysts set for MDCO?

14 Wall Street analysts have issued 12 month price targets for The Medicines' shares. Their predictions range from $48.00 to $145.00. On average, they anticipate The Medicines' share price to reach $73.33 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price. View Analyst Price Targets for The Medicines.

What is the consensus analysts' recommendation for The Medicines?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Medicines in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for The Medicines.

Has The Medicines been receiving favorable news coverage?

Media stories about MDCO stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. The Medicines earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for The Medicines.

Are investors shorting The Medicines?

The Medicines saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 24,350,000 shares, an increase of 5.6% from the August 30th total of 23,050,000 shares. Based on an average daily trading volume, of 2,080,000 shares, the short-interest ratio is presently 11.7 days. Currently, 32.2% of the company's shares are short sold. View The Medicines' Current Options Chain.

Who are some of The Medicines' key competitors?

What other stocks do shareholders of The Medicines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Medicines investors own include Gilead Sciences (GILD), Alibaba Group (BABA), Micron Technology (MU), Celgene (CELG), NVIDIA (NVDA), Intercept Pharmaceuticals (ICPT), AbbVie (ABBV), Ionis Pharmaceuticals (IONS), salesforce.com (CRM) and Exelixis (EXEL).

Who are The Medicines' key executives?

The Medicines' management team includes the folowing people:
  • Mr. Mark Timney, CEO & Director (Age 54)
  • Mr. Christopher J. Visioli, CFO & Treasurer (Age 43)
  • Mr. Stephen M. Rodin J.D., Exec. VP, Gen. Counsel & Sec. (Age 43)
  • Dr. Clive A. Meanwell, Chief Innovation Officer & Director (Age 61)
  • Dr. Goutham Krishna Gorti, VP & Head of Investor Relations

Who are The Medicines' major shareholders?

The Medicines' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Rhenman & Partners Asset Management AB (0.19%), CIBC Private Wealth Group LLC (0.07%), State of Alaska Department of Revenue (0.07%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.02%), Assenagon Asset Management S.A. (0.02%) and Envestnet Asset Management Inc. (0.01%). Company insiders that own The Medicines stock include Alexander J Denner, Armin M Kessler, Christopher T Cox, Clive Meanwell, Fredric N Eshelman, Mark Timney, Melvin K Spigelman, Stephen M Rodin 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 Rhenman & Partners Asset Management AB. View Insider Buying and Selling for The Medicines.

Which major investors are buying The Medicines stock?

MDCO stock was bought by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, State of Alaska Department of Revenue, Assenagon Asset Management S.A., Envestnet Asset Management Inc., Meeder Asset Management Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC and Nisa Investment Advisors LLC. Company insiders that have bought The Medicines stock in the last two years include Alexander J Denner, Christopher T Cox, Fredric N Eshelman and Mark Timney. 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, Robinhood, Fidelity and Charles Schwab.

What is The Medicines' stock price today?

One share of MDCO stock can currently be purchased for approximately $57.01.

How big of a company is The Medicines?

The Medicines has a market capitalization of $4.52 billion and generates $6.14 million in revenue each year. The company earns $-123,160,000.00 in net income (profit) each year or ($2.91) on an earnings per share basis. The Medicines employs 62 workers across the globe.View Additional Information About The Medicines.

What is The Medicines' official website?

The official website for The Medicines is http://www.themedicinescompany.com/.

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:  2.9 out of 5 (star star)
Outperform Votes:  483 (Vote Outperform)
Underperform Votes:  347 (Vote Underperform)
Total Votes:  830
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 10/18/2019 by MarketBeat.com Staff

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