NASDAQ:MGTAMagenta Therapeutics Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Magenta Therapeutics Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.51 -0.01 (-0.15 %) (As of 04/7/2020 12:54 PM ET) Add Compare Share Today's Range$6.28Now: $6.51▼$6.7050-Day Range$6.03MA: $9.49▼$14.1152-Week Range$5.76Now: $6.51▼$18.40Volume78,365 shsAverage Volume245,920 shsMarket Capitalization$256.04 millionP/E RatioN/ADividend YieldN/ABeta3.03 ProfileAnalyst RatingsAdvanced ChartEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media 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. The company was formerly known as HSCTCo Therapeutics, Inc. and changed its name to Magenta Therapeutics, Inc. in February 2016. Magenta Therapeutics, Inc. was founded in 2015 and is headquartered in Cambridge, Massachusetts.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingMagenta Therapeutics has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, Magenta Therapeutics has a potential upside of 207.2% from its current price of $6.51.Amount of Analyst CoverageMagenta Therapeutics has only been the subject of 1 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesMagenta Therapeutics has received 123 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMagenta Therapeutics has received 172 “underperform” votes. (Add your “underperform” vote.)Community SentimentMagenta Therapeutics has received 58.31% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldMagenta Therapeutics does not currently pay a dividend.Dividend GrowthMagenta Therapeutics does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Magenta Therapeutics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $170,800.00 in company stock.Percentage Held by InsidersOnly 10.90% of the stock of Magenta Therapeutics is held by insiders.Percentage Held by Institutions64.82% of the stock of Magenta Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Magenta Therapeutics are expected to decrease by -12.44% in the coming year, from ($2.17) to ($1.90) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magenta Therapeutics is -3.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Magenta Therapeutics is -3.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMagenta Therapeutics has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.30 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Pharmaceutical preparations Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:MGTA Previous Symbol CUSIPN/A CIKN/A Webhttp://www.magentatx.com/ Phone857-242-0170Debt Debt-to-Equity RatioN/A Current Ratio10.62 Quick Ratio10.62Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$3.62 per share Price / Book1.80Profitability EPS (Most Recent Fiscal Year)($2.07) Net Income$-76,770,000.00 Net MarginsN/A Return on Equity-49.83% Return on Assets-45.03%Miscellaneous Employees59 Outstanding Shares39,330,000Market Cap$256.04 million Next Earnings Date5/14/2020 (Estimated) OptionableNot Optionable Receive MGTA News and Ratings via Email Sign-up to receive the latest news and ratings for MGTA and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:MGTA Rates by TradingView Magenta Therapeutics (NASDAQ:MGTA) Frequently Asked Questions How has Magenta Therapeutics' stock been impacted by COVID-19 (Coronavirus)? Magenta Therapeutics' stock was trading at $9.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MGTA stock has decreased by 28.9% and is now trading at $6.51. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Magenta Therapeutics? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magenta Therapeutics in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Magenta Therapeutics. When is Magenta Therapeutics' next earnings date? Magenta Therapeutics is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Magenta Therapeutics. How were Magenta Therapeutics' earnings last quarter? Magenta Therapeutics Inc (NASDAQ:MGTA) announced its quarterly earnings results on Tuesday, March, 3rd. The company reported ($0.59) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.58) by $0.01. View Magenta Therapeutics' earnings history. What price target have analysts set for MGTA? 4 analysts have issued 12-month target prices for Magenta Therapeutics' stock. Their forecasts range from $18.00 to $22.00. On average, they anticipate Magenta Therapeutics' share price to reach $20.00 in the next year. This suggests a possible upside of 207.2% from the stock's current price. View analysts' price targets for Magenta Therapeutics. Has Magenta Therapeutics been receiving favorable news coverage? News headlines about MGTA stock have trended very negative on Tuesday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Magenta Therapeutics earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutMagenta Therapeutics. Are investors shorting Magenta Therapeutics? Magenta Therapeutics saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 2,070,000 shares, an increase of 5.6% from the February 13th total of 1,960,000 shares. Based on an average trading volume of 134,000 shares, the days-to-cover ratio is currently 15.4 days. Approximately 14.5% of the shares of the company are short sold. View Magenta Therapeutics' Current Options Chain. Who are some of Magenta Therapeutics' key competitors? Some companies that are related to Magenta Therapeutics include NextCure (NXTC), Supernus Pharmaceuticals (SUPN), Phibro Animal Health (PAHC), Kiniksa Pharmaceuticals (KNSA), Y-mAbs Therapeutics (YMAB), Esperion Therapeutics (ESPR), Akebia Therapeutics (AKBA), Phathom Pharmaceuticals (PHAT), Intra-Cellular Therapies (ITCI), Amneal Pharmaceuticals (AMRX), Aimmune Therapeutics (AIMT), Rocket Pharmaceuticals (RCKT), Odonate Therapeutics (ODT), Revance Therapeutics (RVNC) and Opko Health (OPK). What other stocks do shareholders of Magenta Therapeutics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Magenta Therapeutics investors own include Agile Therapeutics (AGRX), Anavex Life Sciences (AVXL), Crispr Therapeutics (CRSP), Sorrento Therapeutics (SRNE), Aduro BioTech (ADRO), Amarin (AMRN), Cidara Therapeutics (CDTX), Melinta Therapeutics (MLNT), Nabriva Therapeutics (NBRV) and Progenics Pharmaceuticals (PGNX). Who are Magenta Therapeutics' key executives? Magenta Therapeutics' management team includes the following 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 a price of $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. What is Magenta Therapeutics' stock symbol? Magenta Therapeutics trades on the NASDAQ under the ticker symbol "MGTA." 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 $6.51. How big of a company is Magenta Therapeutics? Magenta Therapeutics has a market capitalization of $256.04 million. The company earns $-76,770,000.00 in net income (profit) each year or ($2.07) 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] This page was last updated on 4/7/2020 by MarketBeat.com StaffFeatured Article: Calculate Your Return on Investment (ROI)
