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S&P 500   3,852.36
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QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
NASDAQ:MGNX

MacroGenics - MGNX Stock Forecast, Price & News

$5.59
-0.33 (-5.57%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$5.47
$5.95
50-Day Range
$5.17
$6.92
52-Week Range
$2.13
$12.32
Volume
571,166 shs
Average Volume
504,561 shs
Market Capitalization
$343.62 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.56

MacroGenics MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
70.9% Upside
$9.56 Price Target
Short Interest
Bearish
7.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.61
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$4.88 M Bought Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.48) to ($2.07) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Medical Sector

191st out of 1,028 stocks

Pharmaceutical Preparations Industry

85th out of 501 stocks

MGNX stock logo

About MacroGenics (NASDAQ:MGNX) Stock

MacroGenics, Inc. is a clinical-stage biopharmaceutical company engaged in discovering and developing antibody-based therapeutics designed to modulate the human immune response for the treatment of cancer. Its product pipeline includes Margetuximab, Flotetuzumab, Retifanlimab, Enoblituzumab, Tebotelimab, MGC018, MGD019, IMGC936, and MGD014 for infectious diseases. The company was founded by Scott E. Koenig, Jeffrey V. Ravetch, LeRoy E. Hood, Ruedi Aebersold, and Alan Aderem on August 14, 2000 and is headquartered in Rockville, MD.

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MGNX Stock News Headlines

“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Why Shares of MacroGenics Were Dropping Tuesday
Why MacroGenics Stock Crushed the Market on Monday
MacroGenics (MGNX) Q3 2022 Earnings Call Transcript
See More Headlines
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MGNX Company Calendar

Last Earnings
11/02/2021
Today
2/05/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:MGNX
Employees
427
Year Founded
2000

Price Target and Rating

Average Stock Price Forecast
$9.56
High Stock Price Forecast
$16.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+70.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$-202,120,000.00
Net Margins
-204.95%
Pretax Margin
-204.95%

Debt

Sales & Book Value

Annual Sales
$77.45 million
Book Value
$3.91 per share

Miscellaneous

Free Float
56,618,000
Market Cap
$343.62 million
Optionable
Optionable
Beta
1.94

Social Links


Key Executives

  • Scott E. Koenig
    President, Chief Executive Officer & Director
  • Eric Risser
    Chief Operating Officer
  • James KarrelsJames Karrels
    Chief Financial Officer, Secretary & Senior VP
  • Ezio Bonvini
    Chief Scientific Officer & Senior VP-Research
  • Stephen L. Eck
    Chief Medical Officer & SVP-Clinical Development













MGNX Stock - Frequently Asked Questions

Should I buy or sell MacroGenics stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MacroGenics in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MGNX shares.
View MGNX analyst ratings
or view top-rated stocks.

What is MacroGenics' stock price forecast for 2023?

10 brokers have issued 1-year price objectives for MacroGenics' stock. Their MGNX share price forecasts range from $5.00 to $16.00. On average, they predict the company's stock price to reach $9.56 in the next twelve months. This suggests a possible upside of 70.9% from the stock's current price.
View analysts price targets for MGNX
or view top-rated stocks among Wall Street analysts.

How have MGNX shares performed in 2023?

MacroGenics' stock was trading at $6.71 at the start of the year. Since then, MGNX shares have decreased by 16.7% and is now trading at $5.59.
View the best growth stocks for 2023 here
.

When is MacroGenics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our MGNX earnings forecast
.

How were MacroGenics' earnings last quarter?

MacroGenics, Inc. (NASDAQ:MGNX) announced its earnings results on Tuesday, November, 2nd. The biopharmaceutical company reported ($0.86) earnings per share for the quarter, missing analysts' consensus estimates of ($0.63) by $0.23. The biopharmaceutical company had revenue of $15.66 million for the quarter, compared to analysts' expectations of $39.56 million. MacroGenics had a negative trailing twelve-month return on equity of 111.57% and a negative net margin of 204.95%. During the same quarter in the prior year, the company earned ($0.66) EPS.

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

12 employees have rated MacroGenics Chief Executive Officer Scott Koenig on Glassdoor.com. Scott Koenig has an approval rating of 89% among the company's employees.

What other stocks do shareholders of MacroGenics own?
What is MacroGenics' stock symbol?

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

Who are MacroGenics' major shareholders?

MacroGenics' stock is owned by a variety of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (2.43%), Pinnacle Associates Ltd. (0.60%), Pinnacle Associates Ltd. (0.60%), Hennion & Walsh Asset Management Inc. (0.06%), New York State Common Retirement Fund (0.06%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Eric Blasius Risser, Ezio Bonvini, James Karrels, Jeffrey Stuart Peters, Kenneth Galbraith, Target N V Biotech and Thomas Spitznagel.
View institutional ownership trends
.

How do I buy shares of MacroGenics?

Shares of MGNX stock 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 $5.59.

How much money does MacroGenics make?

MacroGenics (NASDAQ:MGNX) has a market capitalization of $343.65 million and generates $91.19 million in revenue each year. The biopharmaceutical company earns $-202,120,000.00 in net income (profit) each year or ($3.10) on an earnings per share basis.

How many employees does MacroGenics have?

The company 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 the company 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 2/5/2023 by MarketBeat.com Staff