NASDAQ:MESO - Mesoblast Stock Price, News, & Analysis

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$5.22 +0.05 (+0.97 %)
(As of 03/20/2019 01:16 AM ET)
Previous Close$5.17
Today's Range$5.15 - $5.53
52-Week Range$3.35 - $8.78
Volume157,900 shs
Average Volume49,572 shs
Market Capitalization$491.57 million
P/E Ratio-8.29
Dividend YieldN/A
Beta1.72
Mesoblast Limited, a biopharmaceutical company, develops and commercializes allogeneic cellular medicines. Its proprietary regenerative medicine technology platform is based on specialized cells known as mesenchymal lineage adult stem cells. The company's products under the Phase III clinical trials include MSC-100-IV for steroid refractory acute graft versus host disease; MPC-150-IM for advanced heart failure; and MPC-06-ID for chronic low back pain due to degenerative disc disease. It is also developing MPC-300-IV that is in Phase II clinical trials for the treatment of biologic refractory rheumatoid arthritis, diabetic kidney diseases, and type 2 diabetic nephropathy. It operates in the United States, Australia, Singapore, the United Kingdom, and Switzerland. Mesoblast Limited has strategic partnerships with Tasly Pharmaceutical Group to offer MPC-150-IM for heart failure and MPC-25-IC for heart attacks in China; and JCR Pharmaceuticals Co. Ltd. for the treatment of wound healing in epidermolysis bullosa. The company was founded in 2004 and is headquartered in Melbourne, Australia.

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Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:MESO
Previous SymbolOTCMKTS:MBLTY
CUSIPN/A
CIKN/A
Phone61-3-9639-6036

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$17.34 million
Book Value$5.80 per share

Profitability

Net Income$-35,290,000.00
Net Margins-528.80%

Miscellaneous

EmployeesN/A
Market Cap$491.57 million
Next Earnings Date5/30/2019 (Estimated)
OptionableOptionable

Mesoblast (NASDAQ:MESO) Frequently Asked Questions

What is Mesoblast's stock symbol?

Mesoblast trades on the NASDAQ under the ticker symbol "MESO."

How were Mesoblast's earnings last quarter?

Mesoblast limited (NASDAQ:MESO) issued its quarterly earnings results on Wednesday, February, 20th. The company reported ($0.25) EPS for the quarter, missing the Zacks' consensus estimate of ($0.19) by $0.06. The business had revenue of $1.87 million for the quarter, compared to the consensus estimate of $6.36 million. Mesoblast had a negative return on equity of 15.98% and a negative net margin of 528.80%. View Mesoblast's Earnings History.

When is Mesoblast's next earnings date?

Mesoblast is scheduled to release their next quarterly earnings announcement on Thursday, May 30th 2019. View Earnings Estimates for Mesoblast.

What price target have analysts set for MESO?

5 Wall Street analysts have issued 12 month target prices for Mesoblast's stock. Their forecasts range from $6.00 to $23.00. On average, they anticipate Mesoblast's share price to reach $13.30 in the next twelve months. This suggests a possible upside of 154.8% from the stock's current price. View Analyst Price Targets for Mesoblast.

What is the consensus analysts' recommendation for Mesoblast?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mesoblast in the last year. There are currently 1 sell rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mesoblast.

What are Wall Street analysts saying about Mesoblast stock?

Here are some recent quotes from research analysts about Mesoblast stock:
  • 1. According to Zacks Investment Research, "Mesoblast Limited is a global leader in developing innovative cell-based medicines. The Company has leveraged its proprietary technology platform, which is based on specialized cells known as mesenchymal lineage adult stem cells, to establish a broad portfolio of late-stage product candidates. Mesoblast's allogeneic, 'off-the-shelf' cell product candidates target advanced stages of diseases with high, unmet medical needs including cardiovascular conditions, orthopedic disorders, immunologic and inflammatory disorders and oncologic/hematologic conditions. " (2/27/2019)
  • 2. HC Wainwright analysts commented, "We maintain our Buy rating of MESO with a 12-month price target of $6.50 per diluted share. We derive our price target based on an NPV analysis of projected product revenues through FY2030. We assume a 12.2% discount rate, formulated by our calculation of Mesoblast’s weighted average cost of capital, and 3% terminal growth rate. We derive an NPV of $1.1B and add in pro forma net cash of $28.5M to arrive at a 12-month price target of $6.62, which we round to $6.50. (1) commercial; (2) partnership; (3) clinical; (4) financial; and (5) intellectual property." (2/22/2019)
  • 3. Maxim Group analysts commented, "Mesoblast reported F2Q19 (June in revenue (TEMCELL) and net loss of ($24.6M). The company ended the period with a pro forma cash balance of $92M (includes $15M draw on Hercules credit facility in January). In addition, MESO still has $90M on the ATM." (2/21/2019)

Has Mesoblast been receiving favorable news coverage?

Media stories about MESO stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mesoblast earned a news sentiment score of 3.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future.

Who are some of Mesoblast's key competitors?

What other stocks do shareholders of Mesoblast own?

Who are Mesoblast's key executives?

Mesoblast's management team includes the folowing people:
  • Dr. Silviu Itescu, Founder, CEO, MD, Chairman of Scientific Advisory Board & Exec. Director (Age 62)
  • Dr. Donna L. Skerrett, Chief Medical Officer (Age 62)
  • Mr. Roger D. Brown BA, Head of Spinal Orthopedic Disorders
  • Mr. Michael Schuster MS, BSc, MBA, Head of Pharma Partnering (Age 42)
  • Dr. Kenneth M. Borow M.D., Exec. (Age 71)

When did Mesoblast IPO?

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

Who are Mesoblast's major shareholders?

Mesoblast's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Penbrook Management LLC (0.26%), Jane Street Group LLC (0.11%), Stifel Financial Corp (0.06%) and OLD Mission Capital LLC (0.02%).

Which institutional investors are selling Mesoblast stock?

MESO stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp.

Which institutional investors are buying Mesoblast stock?

MESO stock was acquired by a variety of institutional investors in the last quarter, including Jane Street Group LLC, OLD Mission Capital LLC and Penbrook Management LLC.

How do I buy shares of Mesoblast?

Shares of MESO 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 Mesoblast's stock price today?

One share of MESO stock can currently be purchased for approximately $5.22.

How big of a company is Mesoblast?

Mesoblast has a market capitalization of $491.57 million and generates $17.34 million in revenue each year. The company earns $-35,290,000.00 in net income (profit) each year or ($0.63) on an earnings per share basis.

What is Mesoblast's official website?

The official website for Mesoblast is http://www.mesoblast.com.

How can I contact Mesoblast?

Mesoblast's mailing address is LEVEL 38 55 COLLINS STREET, MELBOURNE C3, 3000. The company can be reached via phone at 61-3-9639-6036 or via email at [email protected]


MarketBeat Community Rating for Mesoblast (NASDAQ MESO)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  284 (Vote Outperform)
Underperform Votes:  166 (Vote Underperform)
Total Votes:  450
MarketBeat's community ratings are surveys of what our community members think about Mesoblast and other stocks. Vote "Outperform" if you believe MESO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MESO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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