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S&P 500   3,825.33
DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:MGNX

MacroGenics Stock Forecast, Price & News

$3.05
+0.10 (+3.39%)
(As of 07/1/2022 03:59 PM ET)
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Compare
Today's Range
$2.91
$3.09
50-Day Range
$2.25
$7.75
52-Week Range
$2.13
$29.16
Volume
51,675 shs
Average Volume
1.93 million shs
Market Capitalization
$187.06 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.50

MacroGenics MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
867.2% Upside
$29.50 Price Target
Short Interest
Bearish
12.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.61
Upright™ Environmental Score
News Sentiment
0.57mentions of MacroGenics in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$98,800 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($3.15) to ($2.50) Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.32 out of 5 stars

Medical Sector

189th out of 1,428 stocks

Pharmaceutical Preparations Industry

82nd out of 680 stocks

30 days | 90 days | 365 days | Advanced Chart

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MacroGenics logo

About MacroGenics (NASDAQ:MGNX) Stock

MacroGenics, Inc., a biopharmaceutical company, develops and commercializes antibody-based therapeutics to treat cancer in the United States. Its approved product is MARGENZA (margetuximab-cmkb), a human epidermal growth factor receptor 2 (HER2) receptor antagonist indicated, in combination with chemotherapy, for the treatment of adult patients with metastatic HER2-positive breast cancer who have received two or more prior anti-HER2 regimens. The company's pipeline of immuno-oncology product candidates includes MGC018, an antibody drug conjugate (ADC), which targets solid tumors expressing B7-H3; Enoblituzumab, a monoclonal antibody that targets B7-H3; and MGD024, an investigational bispecific CD123 × CD3 DART molecule to minimize cytokine-release syndrome for patients with hematologic malignancies. It also develops Lorigerlimab, a monoclonal antibody that targets the immune checkpoints PD-1 and cytotoxic T-lymphocyte-associated protein 4; Tebotelimab, an investigational tetravalent DART molecule for PD-1 and lymphocyte-activation gene 3; Retifanlimab, an investigational monoclonal antibody targeting metastatic squamous cell carcinoma of the anal canal and metastatic non-small cell lung cancer; and IMGC936, an ADC that targets ADAM9, a cell surface protein over-expressed in various solid tumor types. Further, the company develops MGD014 and MGD020, a DART molecule to target the envelope protein of human immunodeficiency virus infected cells and CD3 on T cells; Teplizumab for the treatment of type 1 diabetes; and PRV-3279, a CD32B × CD79B DART molecule for the treatment of autoimmune indications. It has collaborations with Incyte Corporation; Zai Lab Limited; I-Mab Biopharma; and Janssen Biotech, Inc. The company was incorporated in 2000 and is headquartered in Rockville, Maryland.

MGNX Stock News Headlines

Why Revlon Stock Jumped 32% Today - Nasdaq
Why MacroGenics Stock Is Skyrocketing Today
6 Analysts Have This to Say About Macrogenics
See More Headlines

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:MGNX
Employees
427
Year Founded
N/A

Company Calendar

Last Earnings
5/03/2022
Today
7/05/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$29.50
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+867.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.85714285714286
Research Coverage
7 Analysts

Profitability

Net Income
$-202,120,000.00
Net Margins
-303.19%
Pretax Margin
-303.19%

Debt

Sales & Book Value

Annual Sales
$77.45 million
Book Value
$3.91 per share

Miscellaneous

Free Float
56,488,000
Market Cap
$187.06 million
Optionable
Optionable
Beta
2.13














MacroGenics Frequently Asked Questions

Should I buy or sell MacroGenics stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MacroGenics in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MacroGenics stock.
View analyst ratings for MacroGenics
or view top-rated stocks.

What is MacroGenics' stock price forecast for 2022?

7 Wall Street research analysts have issued 12-month price targets for MacroGenics' shares. Their MGNX stock forecasts range from $18.00 to $40.00. On average, they anticipate MacroGenics' stock price to reach $29.50 in the next year. This suggests a possible upside of 867.2% from the stock's current price.
View analysts' price targets for MacroGenics
or view top-rated stocks among Wall Street analysts.

How has MacroGenics' stock performed in 2022?

MacroGenics' stock was trading at $16.05 at the start of the year. Since then, MGNX stock has decreased by 81.0% and is now trading at $3.05.
View the best growth stocks for 2022 here
.

When is MacroGenics' next earnings date?

MacroGenics is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for MacroGenics
.

How were MacroGenics' earnings last quarter?

MacroGenics, Inc. (NASDAQ:MGNX) issued its quarterly earnings results on Tuesday, May, 3rd. The biopharmaceutical company reported ($1.08) earnings per share for the quarter, missing the consensus estimate of ($0.84) by $0.24. The biopharmaceutical company had revenue of $11.10 million for the quarter, compared to analyst estimates of $17.20 million. MacroGenics had a negative trailing twelve-month return on equity of 84.52% and a negative net margin of 303.19%. During the same period in the previous year, the company posted ($0.90) earnings per share.
View MacroGenics' earnings history
.

Who are MacroGenics' key executives?

MacroGenics' management team includes the following people:
  • Dr. Scott Koenig M.D., Ph.D., Pres, CEO & Director (Age 70, Pay $954.14k)
  • Mr. James Karrels, Sr. VP, CFO & Corp. Sec. (Age 55, Pay $577.9k) (LinkedIn Profile)
  • Mr. Eric Blasius Risser, Chief Operating Officer (Age 49, Pay $571.98k)
  • Dr. Ezio Bonvini, Sr. VP of Research & Chief Scientific Officer (Age 68, Pay $612.21k)
  • Dr. Thomas M. Spitznagel Ph.D., Sr. VP of Technical Operations (Age 55, Pay $550.97k)
  • Dr. Christopher Shayne James M.D., VP of Investor Relations & Corp. Communications
  • Mr. Jeffrey Stuart Peters, Sr. VP & Gen. Counsel (Age 50)
  • Dr. Stephen L. Eck, Sr. VP of Clinical Devel. & Chief Medical Officer (Age 67)
  • Ms. Lynn Cilinski, VP, Controller & Treasurer (Age 64)

What is Scott Koenig's approval rating as MacroGenics' CEO?

12 employees have rated MacroGenics CEO Scott Koenig on Glassdoor.com. Scott Koenig has an approval rating of 89% among MacroGenics' employees.

What other stocks do shareholders of MacroGenics own?

What is MacroGenics' stock symbol?

MacroGenics trades on the NASDAQ under the ticker symbol "MGNX."

How do I buy shares of MacroGenics?

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

What is MacroGenics' stock price today?

One share of MGNX stock can currently be purchased for approximately $3.05.

How much money does MacroGenics make?

MacroGenics (NASDAQ:MGNX) has a market capitalization of $187.06 million and generates $77.45 million in revenue each year. The biopharmaceutical company earns $-202,120,000.00 in net income (profit) each year or ($3.55) on an earnings per share basis.

How many employees does MacroGenics have?

MacroGenics employs 427 workers across the globe.

How can I contact MacroGenics?

MacroGenics' mailing address is 9704 MEDICAL CENTER DRIVE, Rockville MD, 20850. The official website for MacroGenics is www.macrogenics.com. The biopharmaceutical company can be reached via phone at (301) 251-5172, via email at info@macrogenics.com, or via fax at 301-251-5321.

This page (NASDAQ:MGNX) was last updated on 7/5/2022 by MarketBeat.com Staff

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