NASDAQ:MDCO - The Medicines Stock Price, News, & Analysis

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$19.40 -0.31 (-1.57 %)
(As of 01/24/2019 08:18 AM ET)
Previous Close$19.71
Today's Range$19.14 - $20.06
52-Week Range$16.69 - $41.57
Volume1.12 million shs
Average Volume1.20 million shs
Market Capitalization$1.43 billion
P/E Ratio-2.31
Dividend YieldN/A
Beta1.06
The 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$44.79 million
Book Value$0.34 per share

Profitability

Net Income$-708,370,000.00
Net Margins-668.93%

Miscellaneous

Employees170
Market Cap$1.43 billion
OptionableOptionable

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 earnings results on Thursday, November, 8th. The company reported ($0.70) EPS for the quarter, missing analysts' consensus estimates of ($0.57) by $0.13. The business earned ($3.30) million during the quarter, compared to analysts' expectations of $1.88 million. The Medicines had a negative net margin of 668.93% and a negative return on equity of 1,477.75%. The Medicines's quarterly revenue was down 141.8% on a year-over-year basis. During the same period in the previous year, the company posted ($1.19) 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 Wednesday, February 20th 2019. View Earnings Estimates for The Medicines.

What price target have analysts set for MDCO?

9 brokerages have issued 12 month target prices for The Medicines' stock. Their forecasts range from $25.00 to $85.00. On average, they anticipate The Medicines' stock price to reach $50.3750 in the next twelve months. This suggests a possible upside of 159.7% from the stock's current price. View Analyst Price Targets for The Medicines.

What is the consensus analysts' recommendation for The Medicines?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Medicines in the last year. There are currently 1 hold rating and 8 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 coverage about MDCO stock has trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. The Medicines earned a daily sentiment score of -2.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the near term.

Are investors shorting The Medicines?

The Medicines saw a increase in short interest in December. As of December 31st, there was short interest totalling 21,058,863 shares, an increase of 15.7% from the December 14th total of 18,202,318 shares. Based on an average trading volume of 1,732,879 shares, the days-to-cover ratio is currently 12.2 days. Approximately 29.9% of the shares of the stock 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:
  • Mr. Stephen M. Rodin J.D., Exec. VP, Gen. Counsel & Sec. (Age 43)
  • Mr. Christopher T. Cox, Chief Corp. Devel. Officer and Exec. VP (Age 54)
  • Dr. Clive A. Meanwell, Chief Innovation Officer & Director (Age 61)
  • Mr. William B. O'Connor, Special Advisor to the Chief Exec. Officer (Age 60)
  • Mr. Mark Timney, CEO & Director

Who are The Medicines' major shareholders?

The Medicines' stock is owned by many different of institutional and retail investors. Top institutional investors include First Midwest Bank Trust Division (0.09%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.03%), Assenagon Asset Management S.A. (0.02%), Nisa Investment Advisors LLC (0.01%) and Bank of Montreal Can (0.00%). 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, William Bernard O'connor and William Crouse. View Institutional Ownership Trends for The Medicines.

Which institutional investors are selling The Medicines stock?

MDCO stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Louisiana State Employees Retirement System. 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 institutional investors are buying The Medicines stock?

MDCO stock was acquired by a variety of institutional investors in the last quarter, including First Midwest Bank Trust Division, Assenagon Asset Management S.A., Bank of Montreal Can and State of Alaska Department of Revenue. 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, Scottrade, Fidelity and Charles Schwab.

What is The Medicines' stock price today?

One share of MDCO stock can currently be purchased for approximately $19.40.

How big of a company is The Medicines?

The Medicines has a market capitalization of $1.43 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.

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:  431 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  749
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 1/24/2019 by MarketBeat.com Staff

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