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NASDAQ:MESO

Mesoblast (MESO) Stock Price, News & Analysis

$7.40
-0.02 (-0.27%)
(As of 07/26/2024 ET)
Today's Range
$7.30
$7.59
50-Day Range
$6.45
$8.52
52-Week Range
$1.61
$8.66
Volume
89,193 shs
Average Volume
1.10 million shs
Market Capitalization
$844.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.00

Mesoblast MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
116.2% Upside
$16.00 Price Target
Short Interest
Healthy
0.33% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.30mentions of Mesoblast in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.71) to ($0.69) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.47 out of 5 stars

Medical Sector

532nd out of 936 stocks

Biological Products, Except Diagnostic Industry

81st out of 154 stocks

MESO stock logo

About Mesoblast Stock (NASDAQ:MESO)

Mesoblast Limited engages in the development of regenerative medicine products in Australia, the United States, Singapore, and Switzerland. The company offers products in the areas of cardiovascular, spine orthopedic disorder, oncology, hematology, and immune-mediated and inflammatory diseases. Its proprietary regenerative medicine technology platform is based on specialized cells known as mesenchymal lineage cells. The company offers Remestemcel-L that is in Phase III clinical trials for the treatment of systemic inflammatory diseases, including steroid refractory acute graft versus host disease, acute respiratory distress syndrome, and biologic refractory inflammatory bowel disease; and Remestemcel-L, which is in Phase III clinical trials to treat chronic heart failure and chronic low back pain due to degenerative disc disease. It is also developing MPC-300-IV to treat biologic refractory rheumatoid arthritis diabetic nephropathy; and MPC-25-IC for the treatment or prevention of acute myocardial infarction. It has strategic partnerships with Tasly Pharmaceutical Group to offer MPC-150-IM for heart failure and MPC-25-IC for heart attacks in China; JCR Pharmaceuticals Co. Ltd. to treat wound healing in patients with epidermolysis bullosa; and Grünenthal to develops and commercializes cell therapy for the treatment of chronic low back pain. The company was incorporated in 2004 and is headquartered in Melbourne, Australia.

MESO Stock Price History

MESO Stock News Headlines

Mesoblast (NASDAQ:MESO) Upgraded to Overweight at Piper Sandler
625,000% Gain
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Mesoblast (NASDAQ:MESO) Shares Gap Up to $7.10
See More Headlines
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Company Calendar

Last Earnings
8/30/2023
Today
7/26/2024
Next Earnings (Estimated)
9/04/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:MESO
Previous Symbol
OTCMKTS:MBLTY
Employees
80
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.00
High Stock Price Target
$34.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+116.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$7.50 million
Book Value
$6.16 per share

Miscellaneous

Free Float
92,713,000
Market Cap
$844.93 million
Optionable
Optionable
Beta
3.48
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Key Executives

  • Dr. Silviu Itescu FACP (Age 67)
    FACRA, FRACP, MBBS (Hons), Founder, CEO, MD, Chairman of Scientific Advisory Board & Executive Director
    Comp: $738.74k
  • Dr. Eric A. Rose M.D. (Age 73)
    Chief Medical Officer & Executive Director
    Comp: $625.46k
  • Mr. Andrew Chaponnel B.Com.
    Interim Chief Finance Officer
  • Mr. Peter T. Howard B.Sc. (Age 56)
    L.L.B., LLB (Hons), General Counsel & Corporate Executive
  • Mr. Roger D. Brown BA
    Head of Spinal Orthopedic Disorders
  • Mr. Michael Schuster BSc (Age 47)
    M.B.A., MS, Head of Pharma Partnering
  • Ms. Geraldine Storton B.Sc.
    M.B.A., MMS, Head of Regulatory Affairs & Quality Management
  • Mr. Justin Horst B.S.
    Head of Manufacturing
  • Ms. Niva Sivakumar B.Com.
    L.L.B., Joint Company Secretary
  • Mr. Paul Hughes BPHARM
    Joint Company Secretary

MESO Stock Analysis - Frequently Asked Questions

How have MESO shares performed this year?

Mesoblast's stock was trading at $2.20 at the beginning of 2024. Since then, MESO shares have increased by 236.4% and is now trading at $7.40.
View the best growth stocks for 2024 here
.

How were Mesoblast's earnings last quarter?

Mesoblast Limited (NASDAQ:MESO) announced its earnings results on Wednesday, August, 30th. The company reported ($0.28) EPS for the quarter, beating the consensus estimate of ($0.34) by $0.06. The company had revenue of $2.14 million for the quarter, compared to analyst estimates of $2 million.

When did Mesoblast's stock split?

Mesoblast's stock reverse split on the morning of Friday, January 5th 2024. The 1-2 reverse split was announced on Friday, January 5th 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, January 5th 2024. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split.

When did Mesoblast IPO?

Mesoblast (MESO) raised $69 million in an initial public offering (IPO) on Friday, November 13th 2015. The company issued 5,700,000 shares at $12.10 per share. J.P. Morgan and Credit Suisse acted as the underwriters for the IPO and Maxim Group and Ladenburg Thalmann were co-managers.

Who are Mesoblast's major shareholders?

Mesoblast's top institutional shareholders include Chapin Davis Inc. (0.01%), Perkins Coie Trust Co (0.01%) and GAMMA Investing LLC.

How do I buy shares of Mesoblast?

Shares of MESO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Mesoblast own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mesoblast investors own include Sorrento Therapeutics (SRNE), Gilead Sciences (GILD), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Exelixis (EXEL), CRISPR Therapeutics (CRSP) and Novavax (NVAX).

This page (NASDAQ:MESO) was last updated on 7/27/2024 by MarketBeat.com Staff

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