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NASDAQ:MGTA - Magenta Therapeutics Stock Price, Forecast & News

$12.70
-1.08 (-7.84 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$12.39
Now: $12.70
$14.26
50-Day Range
$9.07
MA: $11.66
$14.41
52-Week Range
$5.31
Now: $12.70
$21.00
Volume151,541 shs
Average Volume130,484 shs
Market Capitalization$495.17 million
P/E RatioN/A
Dividend YieldN/A
Beta3.24
Magenta Therapeutics, Inc, a clinical-stage biotechnology company, develops novel medicines to extend the curative power of stem cell transplant, gene therapy, genome editing, and cell therapy to patients. It is developing C100, C200, and C300 targeted antibody-drug conjugates for transplant conditioning; MGTA-145, a novel stem cell mobilization product candidate to control stem cell mobilization; MGTA-456, an allogeneic stem cell therapy to control stem cell growth; E478, a small molecule aryl hydrocarbon receptor antagonist for the expansion of gene-modified stem cells; and G100, an antibody-drug conjugate program to prevent acute graft and host diseases. Read More…

Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:MGTA
CUSIPN/A
CIKN/A
Phone857-242-0170

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$4.39 per share

Profitability

Net Income$-57,510,000.00

Miscellaneous

Employees59
Market Cap$495.17 million
Next Earnings Date3/17/2020 (Estimated)
OptionableNot Optionable

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Magenta Therapeutics (NASDAQ:MGTA) Frequently Asked Questions

What is Magenta Therapeutics' stock symbol?

Magenta Therapeutics trades on the NASDAQ under the ticker symbol "MGTA."

How were Magenta Therapeutics' earnings last quarter?

Magenta Therapeutics Inc (NASDAQ:MGTA) released its quarterly earnings data on Wednesday, November, 13th. The company reported ($0.54) earnings per share for the quarter, beating analysts' consensus estimates of ($0.54) by $0.00. View Magenta Therapeutics' Earnings History.

When is Magenta Therapeutics' next earnings date?

Magenta Therapeutics is scheduled to release their next quarterly earnings announcement on Tuesday, March 17th 2020. View Earnings Estimates for Magenta Therapeutics.

What price target have analysts set for MGTA?

5 equities research analysts have issued twelve-month price targets for Magenta Therapeutics' stock. Their forecasts range from $18.00 to $22.00. On average, they anticipate Magenta Therapeutics' stock price to reach $20.00 in the next year. This suggests a possible upside of 57.5% from the stock's current price. View Analyst Price Targets for Magenta Therapeutics.

What is the consensus analysts' recommendation for Magenta Therapeutics?

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

Has Magenta Therapeutics been receiving favorable news coverage?

Media headlines about MGTA stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Magenta Therapeutics earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Magenta Therapeutics.

Are investors shorting Magenta Therapeutics?

Magenta Therapeutics saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 1,790,000 shares, an increase of 11.9% from the November 14th total of 1,600,000 shares. Based on an average trading volume of 95,600 shares, the days-to-cover ratio is currently 18.7 days. Currently, 9.1% of the company's stock are sold short. View Magenta Therapeutics' Current Options Chain.

Who are some of Magenta Therapeutics' key competitors?

What other stocks do shareholders of Magenta Therapeutics own?

Who are Magenta Therapeutics' key executives?

Magenta Therapeutics' management team includes the folowing people:
  • Mr. Jason Gardner, Co-Founder, CEO, Pres & Director (Age 48)
  • Mr. Michael P. Cooke, Chief Scientific Officer (Age 57)
  • Ms. Alison Lawton, Board Advisor (Age 58)
  • Mr. Jason Ryan, Chief Operating & Financial Officer (Age 45)
  • Ms. Manisha Pai, VP of Investor Relations & Communications

When did Magenta Therapeutics IPO?

(MGTA) raised $100 million in an initial public offering (IPO) on Thursday, June 21st 2018. The company issued 6,700,000 shares at $14.00-$16.00 per share. J.P. Morgan, Goldman Sachs and Cowen served as the underwriters for the IPO and Wedbush PacGrow was co-manager.

Who are Magenta Therapeutics' major shareholders?

Magenta Therapeutics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Gilder Gagnon Howe & Co. LLC (10.64%), Eventide Asset Management LLC (7.58%), State Street Corp (0.85%), Alps Advisors Inc. (0.20%), Russell Investments Group Ltd. (0.16%) and Barclays PLC (0.03%). Company insiders that own Magenta Therapeutics stock include Bruce Booth, David Scadden, Jason Gardner and Michael P Cooke. View Institutional Ownership Trends for Magenta Therapeutics.

Which major investors are selling Magenta Therapeutics stock?

MGTA stock was sold by a variety of institutional investors in the last quarter, including Eventide Asset Management LLC, Gilder Gagnon Howe & Co. LLC, Barclays PLC and Alps Advisors Inc.. Company insiders that have sold Magenta Therapeutics company stock in the last year include Bruce Booth, Jason Gardner and Michael P Cooke. View Insider Buying and Selling for Magenta Therapeutics.

Which major investors are buying Magenta Therapeutics stock?

MGTA stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State Street Corp and Metropolitan Life Insurance Co NY. Company insiders that have bought Magenta Therapeutics stock in the last two years include David Scadden and Jason Gardner. View Insider Buying and Selling for Magenta Therapeutics.

How do I buy shares of Magenta Therapeutics?

Shares of MGTA 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, Robinhood, Fidelity and Charles Schwab.

What is Magenta Therapeutics' stock price today?

One share of MGTA stock can currently be purchased for approximately $12.70.

How big of a company is Magenta Therapeutics?

Magenta Therapeutics has a market capitalization of $495.17 million. The company earns $-57,510,000.00 in net income (profit) each year or ($3.13) on an earnings per share basis. Magenta Therapeutics employs 59 workers across the globe.View Additional Information About Magenta Therapeutics.

What is Magenta Therapeutics' official website?

The official website for Magenta Therapeutics is http://www.magentatx.com/.

How can I contact Magenta Therapeutics?

Magenta Therapeutics' mailing address is 100 TECHNOLOGY SQUARE, CAMBRIDGE MA, 02139. The company can be reached via phone at 857-242-0170 or via email at [email protected]


MarketBeat Community Rating for Magenta Therapeutics (NASDAQ MGTA)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  107 (Vote Outperform)
Underperform Votes:  142 (Vote Underperform)
Total Votes:  249
MarketBeat's community ratings are surveys of what our community members think about Magenta Therapeutics and other stocks. Vote "Outperform" if you believe MGTA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGTA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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