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

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$4.20 -0.03 (-0.71 %)
(As of 02/20/2019 06:45 AM ET)
Previous Close$4.23
Today's Range$4.15 - $4.36
52-Week Range$3.35 - $8.78
Volume43,751 shs
Average Volume33,372 shs
Market Capitalization$395.51 million
P/E Ratio-6.67
Dividend YieldN/A
Beta1.74
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
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-171.79%

Miscellaneous

Employees81
Market Cap$395.51 million
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 data on Wednesday, August, 29th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.23) by $0.01. The business earned $1.70 million during the quarter, compared to analyst estimates of $2.51 million. Mesoblast had a negative net margin of 171.79% and a negative return on equity of 12.90%. View Mesoblast's Earnings History.

When is Mesoblast's next earnings date?

Mesoblast is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Mesoblast.

What price target have analysts set for MESO?

5 brokers have issued 1-year price objectives for Mesoblast's shares. Their predictions range from $6.00 to $23.00. On average, they anticipate Mesoblast's stock price to reach $13.30 in the next twelve months. This suggests a possible upside of 216.7% 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. " (2/2/2019)
  • 2. Maxim Group analysts commented, "Mesoblast held a conference call to discuss results from the phase 2b study of MPC-150-IM cells in end-stage heart failure (HF) presented on 11/11 at the American Heart Association conference (11/10-11/12). The data missed the primary endpoint of number of temporary weans from LVAD (Left 6 months, though multiple other measures demonstrate signals of efficacy, safety is also positive. MESO shares are off (~25%) on the news." (11/12/2018)

Has Mesoblast been receiving favorable news coverage?

Headlines about MESO stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mesoblast earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Mesoblast's key competitors?

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 $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 number 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 major investors are selling Mesoblast stock?

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

Which major investors are buying Mesoblast stock?

MESO stock was bought 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 $4.20.

How big of a company is Mesoblast?

Mesoblast has a market capitalization of $395.51 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. Mesoblast employs 81 workers across the globe.

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:  3.1 out of 5 (star star star)
Outperform Votes:  274 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  437
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 2/20/2019 by MarketBeat.com Staff

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