About MEI Pharma (NASDAQ:MEIP)
MEI Pharma, Inc., an oncology company, focuses on the clinical development of drugs for the treatment of cancer. The company's clinical drug candidate includes Pracinostat, an orally available histone deacetylase inhibitor for the treatment of patients with acute myeloid leukemia and myelodysplastic syndrome. Its clinical development portfolio also includes ME-401, an oral inhibitor of phosphatidylinositide 3-kinase delta for the treatment of patients with relapsed/refractory chronic lymphocytic leukemia or follicular lymphoma; and ME-344, an isoflavone-derived mitochondrial inhibitor for the treatment of HER2-negative breast cancer. The company has a license, development, and commercialization agreement with Helsinn Healthcare SA for the development, manufacturing, and commercialization of Pracinostat; and license agreement with Presage Biosciences, Inc. to develop, manufacture, and commercialize Voruciclib, a clinical-stage, oral, and selective cyclin-dependent kinase inhibitor; and related compounds. The company was formerly known as Marshall Edwards, Inc. and changed its name to MEI Pharma, Inc. in July 2012. MEI Pharma, Inc. was founded in 2000 and is based in San Diego, California.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:MEIP
CUSIPN/A
Phone858-369-7100
Debt
Debt-to-Equity RatioN/A
Current Ratio8.31%
Quick Ratio8.31%
Price-To-Earnings
Trailing P/E Ratio30.71
Forward P/E Ratio-2.26
P/E GrowthN/A
Sales & Book Value
Annual Sales$23.25 million
Price / Sales3.43
Cash Flow$0.0755 per share
Price / Cash28.48
Book Value$1.38 per share
Price / Book1.56
Profitability
EPS (Most Recent Fiscal Year)$0.07
Net Income$2.67 million
Net Margins-354.10%
Return on Equity-42.23%
Return on Assets-38.25%
Miscellaneous
Employees25
Outstanding Shares37,050,000
MEI Pharma (NASDAQ:MEIP) Frequently Asked Questions
What is MEI Pharma's stock symbol?
MEI Pharma trades on the NASDAQ under the ticker symbol "MEIP."
How were MEI Pharma's earnings last quarter?
MEI Pharma (NASDAQ:MEIP) released its quarterly earnings results on Thursday, February, 8th. The company reported ($0.16) EPS for the quarter, topping the Zacks' consensus estimate of ($0.26) by $0.10. The business earned $0.36 million during the quarter, compared to analysts' expectations of $1 million. MEI Pharma had a negative net margin of 354.10% and a negative return on equity of 42.23%. View MEI Pharma's Earnings History.
What price target have analysts set for MEIP?
3 brokers have issued 12 month target prices for MEI Pharma's shares. Their forecasts range from $6.50 to $7.00. On average, they expect MEI Pharma's share price to reach $6.8333 in the next twelve months. View Analyst Ratings for MEI Pharma.
What are Wall Street analysts saying about MEI Pharma stock?
Here are some recent quotes from research analysts about MEI Pharma stock:
- 1. According to Zacks Investment Research, "MEI Pharma, Inc. is an oncology company focused on the clinical development of novel therapeutics targeting cancer metabolism. The Company is focused on the clinical development of its two lead isoflavone-based drug candidates, ME-143 and ME-344. MEI Pharma, Inc., formerly known as Marshall Edwards, Inc., is based in San Diego. " (4/12/2018)
- 2. Cann analysts commented, "MEI Pharma’s F2Q loss per share of $0.16 was higher than our estimated $0.09, due to operating expenses of $6.5 million, or 50.2% higher than our estimated $4.3 million. The higher than estimated expenses stemmed primarily from higher R&D expenses and costs associated with collaboration revenues. Higher R&D expenses are attributed to voruciclib expenses and increased R&D for ME-401. Our outlook for FY2019-23 revenue remains basically unchanged. Our FY2018 loss per share foreacast is being increased by 12% to account for higher anticipated R&D expense and costs associated with collaboration revenue." (2/8/2018)
Who are some of MEI Pharma's key competitors?
Some companies that are related to MEI Pharma include Tetraphase Pharmaceuticals (TTPH), Acer Therapeutics (ACER), Sierra Oncology (SRRA), Aeglea Bio Therapeutics (AGLE), Aldeyra Therapeutics (ALDX), BioXcel Therapeutics (BTAI), Affimed (AFMD), Zynerba Pharmaceuticals (ZYNE), BioDelivery Sciences International (BDSI), Checkpoint Therapeutics (CKPT), Adamis Pharmaceuticals (ADMP), Galectin Therapeutics (GALT), Axovant Sciences (AXON), AcelRx Pharmaceuticals (ACRX), Otonomy (OTIC), Bellerophon Therapeutics (BLPH), ContraFect (CFRX) and Trevena (TRVN).
Who are MEI Pharma's key executives?
MEI Pharma's management team includes the folowing people:
- Dr. Daniel P. Gold Ph.D., Pres, CEO & Director (Age 64)
- Mr. Brian G. Drazba CPA, Sec. & CFO (Age 57)
- Mr. David M. Urso Esq., J.D., Sr. VP of Corp. Devel. and Gen. Counsel (Age 54)
- Dr. Robert D. Mass M.D., Chief Medical Officer (Age 64)
- Dr. Karen E. Potts Ph.D., Sr. VP of Regulatory Affairs (Age 55)
Has MEI Pharma been receiving favorable news coverage?
Headlines about MEIP stock have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. MEI Pharma earned a media sentiment score of 0.05 on Accern's scale. They also assigned media coverage about the company an impact score of 45.43 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
How do I buy shares of MEI Pharma?
Shares of MEIP 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 MEI Pharma's stock price today?
One share of MEIP stock can currently be purchased for approximately $2.15.
How big of a company is MEI Pharma?
MEI Pharma has a market capitalization of $78.92 million and generates $23.25 million in revenue each year. The company earns $2.67 million in net income (profit) each year or $0.07 on an earnings per share basis. MEI Pharma employs 25 workers across the globe.
How can I contact MEI Pharma?
MEI Pharma's mailing address is 3611 VALLEY CENTRE DRIVE SUITE 500, SAN DIEGO CA, 92130. The company can be reached via phone at 858-369-7100 or via email at [email protected]
MarketBeat Community Rating for MEI Pharma (MEIP)
MarketBeat's community ratings are surveys of what our community members think about MEI Pharma and other stocks. Vote "Outperform" if you believe MEIP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEIP will underperform the S&P 500 over the long term. You may vote once every thirty days.
MEI Pharma (NASDAQ:MEIP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
MEI Pharma (NASDAQ MEIP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 5.25%
Institutional Ownership Percentage: 23.51%
MEI Pharma (NASDAQ MEIP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/27/2017 | Charles V Baltic III | Director | Buy | 11,000 | $2.25 | $24,750.00 | 13,250 |  |
| 11/9/2015 | Vivo Ventures Vii, Llc | Major Shareholder | Sell | 390,572 | $1.84 | $718,652.48 | | |
| 1/21/2015 | Charles V Baltic III | Director | Buy | 5,000 | $3.81 | $19,050.00 | | |
| 12/9/2014 | Leaf Ventures Ii L.P. New | Major Shareholder | Sell | 79,085 | $6.01 | $475,300.85 | | |
| 12/8/2014 | Leaf Ventures Ii L.P. New | Major Shareholder | Sell | 9,004 | $6.05 | $54,474.20 | | |
| 6/30/2014 | Charles V Baltic III | Director | Buy | 2,000 | $6.56 | $13,120.00 | | |
| 10/29/2013 | Vivo Ventures Vii, Llc | Major Shareholder | Sell | 299,609 | $8.21 | $2,459,789.89 | | |
| 10/2/2013 | Vivo Ventures Vii, Llc | Major Shareholder | Sell | 581,646 | $10.16 | $5,909,523.36 | | |
| 8/16/2013 | Charles V Baltic III | Director | Buy | 2,600 | $6.82 | $17,732.00 | | |
| 6/28/2013 | Vivo Ventures Vii, Llc | Major Shareholder | Sell | 7,337 | $7.58 | $55,614.46 | | |
| 6/11/2013 | Vivo Ventures V, Llc | Major Shareholder | Sell | 13,727 | $7.80 | $107,070.60 | | |
| 5/16/2013 | Vivo Ventures Vii, Llc | Major Shareholder | Sell | 17,428 | $9.07 | $158,071.96 | | |
| 5/8/2013 | Leaf Ventures Ii L.P. New | Major Shareholder | Sell | 200,000 | $8.58 | $1,716,000.00 | | |
| 1/25/2013 | Charles V Baltic III | Director | Buy | 10,200 | $6.04 | $61,608.00 | | |
| 12/21/2012 | Charles V Baltic III | Director | Buy | 3,500 | $7.18 | $25,130.00 | | |
(Data available from 1/1/2013 forward)
MEI Pharma (NASDAQ MEIP) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | MEI Pharma (MEIP) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - April 17 at 4:17 PM |
| MEI Pharma (MEIP) Now Covered by Laidlaw
www.americanbankingnews.com - April 12 at 11:47 AM |
| MEI Pharma (MEIP) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - April 12 at 10:07 AM |
| MEI Pharma (MEIP) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - April 11 at 8:58 AM |
| MEI Pharma (MEIP) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 1 at 1:34 PM |
| MEI Pharma (MEIP) PT Set at $7.00 by Oppenheimer
www.americanbankingnews.com - March 30 at 12:05 PM |
| MEI Pharma (MEIP) Downgraded by Zacks Investment Research
www.americanbankingnews.com - March 29 at 6:22 PM |
 | MEI Pharma (MEIP) Presents At Needham And Company 17th Annual Healthcare Conference - Slideshow
seekingalpha.com - March 28 at 5:20 PM |
| MEI Pharma (MEIP) Lifted to "Hold" at ValuEngine
www.americanbankingnews.com - March 25 at 11:21 AM |
| Cann Reiterates Buy Rating for MEI Pharma (MEIP)
www.americanbankingnews.com - March 21 at 4:40 PM |
 | MEI Pharma Appoints Industry Veteran Frederick W. Driscoll to its Board of Directors
finance.yahoo.com - February 26 at 8:48 AM |
| MEI Pharma's early-stage study of ME-344 in HER2-negative breast cancer to continue as planned; shares up 1% - Seeking Alpha
seekingalpha.com - February 14 at 7:27 AM |
 | MEI Pharma (MEIP) Says Interim Data Review Supports Continuation of Clinical Study Evaluating ME-344 in Patients ... - StreetInsider.com
www.streetinsider.com - February 14 at 7:27 AM |
| MEI Pharma Interim Data Review Supports Continuation of Clinical Study Evaluating ME-344 in Patients with Breast Cancer
finance.yahoo.com - February 13 at 3:28 PM |
| MEI Pharma (MEIP) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - February 10 at 7:24 AM |
 | MEI Pharma Reports Second Quarter Fiscal Year 2018 Results - PR Newswire (press release)
www.prnewswire.com - February 9 at 7:16 AM |
| MEI Pharma Reports Second Quarter Fiscal Year 2018 Results
finance.yahoo.com - February 8 at 3:28 PM |
| Cann Reaffirms Buy Rating for MEI Pharma (MEIP)
www.americanbankingnews.com - February 8 at 2:38 PM |
| Head-To-Head Contrast: Gemphire Therapeutics (GEMP) versus MEI Pharma (MEIP)
www.americanbankingnews.com - January 28 at 9:14 PM |
| MEI Pharma (MEIP) versus Its Competitors Head to Head Analysis
www.americanbankingnews.com - January 14 at 11:30 AM |
 | ETF Preview: ETFs, Futures Strain to Recover from Weakness Sparked by Bond-Market Woes; Street Mulls Jobless Claims, PPI Data
www.nasdaq.com - January 11 at 9:33 AM |
| MEI Pharma (MEIP) Granted FDA Clearance of Investigational New Drug Application for CDK Inhibitor Voruciclib
www.streetinsider.com - January 8 at 5:42 PM |
| Critical Comparison: MEI Pharma (MEIP) & Its Rivals
www.americanbankingnews.com - January 3 at 11:30 PM |
| Head to Head Comparison: MEI Pharma (MEIP) & The Competition
www.americanbankingnews.com - January 1 at 7:28 AM |
| MEI Pharma (MEIP) vs. The Competition Critical Contrast
www.americanbankingnews.com - December 29 at 7:24 PM |
| MEI Pharma (MEIP) versus The Competition Head-To-Head Analysis
www.americanbankingnews.com - December 29 at 5:28 AM |
| ETFs with exposure to MEI Pharma, Inc. : December 25, 2017
finance.yahoo.com - December 25 at 3:30 PM |
| MEI Pharma (MEIP) Says Study of Clinical Stage Oral CDK Inhibitor Voruciclib Published in Nature Scientific Reports - StreetInsider.com
www.streetinsider.com - December 23 at 6:05 AM |
| MEI Pharma's (MEIP) Buy Rating Reaffirmed at Cann
www.americanbankingnews.com - December 21 at 4:28 PM |
| MEI Pharma (MEIP) Given a $7.00 Price Target at Oppenheimer
www.americanbankingnews.com - December 21 at 4:28 PM |
| MEI Pharma Announces Study of Clinical Stage Oral CDK Inhibitor Voruciclib Published in Nature Scientific Reports
finance.yahoo.com - December 21 at 9:14 AM |
| ETFs with exposure to MEI Pharma, Inc. : December 12, 2017
finance.yahoo.com - December 12 at 6:01 PM |
| MEI Pharma's (MEIP) Buy Rating Reiterated at Oppenheimer
www.americanbankingnews.com - December 11 at 5:08 PM |
| MEI Pharma (MEIP) Receives "Buy" Rating from Cann
www.americanbankingnews.com - December 11 at 9:00 AM |
| MEI Pharma (MEIP) Rating Lowered to Sell at ValuEngine
www.americanbankingnews.com - December 3 at 8:14 AM |
| MEI Pharma Inc (MEIP) Director Charles V. Baltic III Acquires 11,000 Shares
www.americanbankingnews.com - November 29 at 8:46 PM |
| Short Interest in MEI Pharma Inc (MEIP) Drops By 82.9%
www.americanbankingnews.com - November 29 at 2:38 AM |
| MEI Pharma to Host Annual Meeting of Stockholders
finance.yahoo.com - November 23 at 6:26 AM |
| ETFs with exposure to MEI Pharma, Inc. : November 20, 2017
finance.yahoo.com - November 21 at 5:43 AM |
| MEI Pharma (MEIP) Presents At Stifel 2017 Healthcare Conference - Slideshow
seekingalpha.com - November 17 at 3:58 PM |
| Oppenheimer Holdings Brokers Increase Earnings Estimates for MEI Pharma, Inc. (MEIP)
www.americanbankingnews.com - November 13 at 6:34 AM |
| MEI Pharma, Inc. :MEIP-US: Earnings Analysis: Q1, 2018 By the Numbers : November 9, 2017
finance.yahoo.com - November 12 at 6:20 AM |
| ETFs with exposure to MEI Pharma, Inc. : November 10, 2017
finance.yahoo.com - November 12 at 6:20 AM |
 | Galectin Therapeutics (GALT) in Focus: Stock Moves 6.5% Higher
www.zacks.com - October 12 at 12:17 AM |
| Insmed (INSM) & MEI Pharma (MEIP) Head-To-Head Contrast
www.americanbankingnews.com - October 4 at 4:32 PM |
| AcelRx Pharmaceuticals (ACRX) in Focus: Stock Moves 19.6% Higher
www.zacks.com - October 3 at 10:16 AM |
| MEI Pharma to Present at Cantor Fitzgerald Global Healthcare Conference
finance.yahoo.com - September 20 at 6:16 AM |
| Featured Company News - Teva Pharmaceuticals Presents Outcome Measure Results from Phase-III Clinical Trials for the Potential of Fremanezumab to Treat Migraine Patients
finance.yahoo.com - September 13 at 6:29 AM |
| MEI Pharma (MEIP) Presents At 24th Annual NewsMakers in the Biotech Industry - Slideshow
seekingalpha.com - September 12 at 1:07 AM |
| Oppenheimer Holdings Equities Analysts Reduce Earnings Estimates for MEI Pharma, Inc. (MEIP)
www.americanbankingnews.com - September 11 at 4:44 AM |
MEI Pharma (NASDAQ:MEIP) SEC Filings
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MEI Pharma (NASDAQ:MEIP) Income Statement, Balance Sheet and Cash Flow Statement
MEI Pharma (NASDAQ MEIP) Stock Chart for Friday, April, 20, 2018
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