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NASDAQ:MGTA

Magenta Therapeutics Stock Forecast, Price & News

$5.45
+0.20 (+3.81%)
(As of 12/7/2021 12:00 AM ET)
Add
Compare
Today's Range
$5.22
$5.69
50-Day Range
$5.25
$8.33
52-Week Range
$5.00
$14.20
Volume
262,725 shs
Average Volume
238,612 shs
Market Capitalization
$320.33 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
2.05
30 days | 90 days | 365 days | Advanced Chart
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Magenta Therapeutics logo

About Magenta Therapeutics

Magenta Therapeutics, Inc. is a clinical-stage biotechnology company, which engages in the development of novel medicines for bone marrow transplants. It offers patient preparation, stem cell collection, cell dose, and safe immune regeneration programs. Its platform include autologous and allogeneic transplant, and gene therapy. The company was founded by David Scadden, Derrick Rossi, Alan Tyndall, Luigi Naldini, Robert Negrin, John F. Dipersio, and Jason Gardner in June 17, 2015 and is headquartered in Cambridge, MA.

Headlines

Big Pharma Is Going Holiday Shopping. Who's Next?
November 10, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:MGTA
Fax
N/A
Employees
69
Year Founded
N/A

Sales & Book Value

Annual Sales
N/A
Book Value
$3.23 per share

Profitability

Net Income
$-74.94 million
Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
49,855,000
Market Cap
$320.33 million
Optionable
Not Optionable

Company Calendar

Last Earnings
11/04/2021
Today
12/07/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/02/2022

MarketRank

Overall MarketRank

1.98 out of 5 stars

Medical Sector

654th out of 1,394 stocks

Pharmaceutical Preparations Industry

305th out of 673 stocks

Analyst Opinion: 3.4Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -












Magenta Therapeutics (NASDAQ:MGTA) Frequently Asked Questions

Is Magenta Therapeutics a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Magenta Therapeutics in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Magenta Therapeutics stock.
View analyst ratings for Magenta Therapeutics
or view top-rated stocks.

How has Magenta Therapeutics' stock been impacted by COVID-19?

Magenta Therapeutics' stock was trading at $9.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MGTA stock has decreased by 40.5% and is now trading at $5.45.
View which stocks have been most impacted by COVID-19
.

When is Magenta Therapeutics' next earnings date?

Magenta Therapeutics is scheduled to release its next quarterly earnings announcement on Wednesday, March 2nd 2022.
View our earnings forecast for Magenta Therapeutics
.

How were Magenta Therapeutics' earnings last quarter?

Magenta Therapeutics, Inc. (NASDAQ:MGTA) posted its quarterly earnings results on Thursday, November, 4th. The company reported ($0.30) EPS for the quarter, beating the consensus estimate of ($0.33) by $0.03.
View Magenta Therapeutics' earnings history
.

What price target have analysts set for MGTA?

5 brokers have issued 1 year price targets for Magenta Therapeutics' shares. Their forecasts range from $7.00 to $20.00. On average, they expect Magenta Therapeutics' stock price to reach $16.40 in the next year. This suggests a possible upside of 200.9% from the stock's current price.
View analysts' price targets for Magenta Therapeutics
or view top-rated stocks among Wall Street analysts.

Who are Magenta Therapeutics' key executives?

Magenta Therapeutics' management team includes the following people:
  • Jason Gardner, President, Chief Executive Officer & Director
  • Stephen Frank Mahoney, COO, CFO, Treasurer & Chief Accounting Officer
  • Lisa M. Olson, Chief Scientific Officer & Head-Research
  • David Nichols, Chief Technical Officer
  • Jeffrey S. Humphrey, Chief Medical Officer

What is Jason Gardner's approval rating as Magenta Therapeutics' CEO?

3 employees have rated Magenta Therapeutics CEO Jason Gardner on Glassdoor.com. Jason Gardner has an approval rating of 60% among Magenta Therapeutics' employees. This puts Jason Gardner in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 Sorrento Therapeutics (SRNE), VBI Vaccines (VBIV), Vaxart (VXRT), ADMA Biologics (ADMA), NVIDIA (NVDA), Pfizer (PFE), Aldeyra Therapeutics (ALDX), Advanced Micro Devices (AMD), Amarin (AMRN) and CRISPR Therapeutics (CRSP).

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 acted 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."

Who are Magenta Therapeutics' major shareholders?

Magenta Therapeutics' stock is owned by many different institutional and retail investors. Top institutional investors include TRV GP IV LLC (11.54%), Casdin Capital LLC (6.64%), BlackRock Inc. (3.78%), Great Point Partners LLC (1.99%), Janus Henderson Group PLC (1.01%) and Geode Capital Management LLC (0.90%). Company insiders that own Magenta Therapeutics stock include Bruce Booth, Jason Gardner, John C Davis Jr and Kristen Stants.
View institutional ownership trends for Magenta Therapeutics
.

Which institutional investors are selling Magenta Therapeutics stock?

MGTA stock was sold by a variety of institutional investors in the last quarter, including TRV GP IV LLC, Dimensional Fund Advisors LP, Morgan Stanley, Two Sigma Investments LP, California State Teachers Retirement System, New York State Common Retirement Fund, Cerity Partners LLC, and Barclays PLC.
View insider buying and selling activity for Magenta Therapeutics
or view top insider-selling stocks.

Which institutional investors are buying Magenta Therapeutics stock?

MGTA stock was acquired by a variety of institutional investors in the last quarter, including Casdin Capital LLC, Janus Henderson Group PLC, Eversept Partners LP, Credit Suisse AG, BlackRock Inc., Great Point Partners LLC, Geode Capital Management LLC, and Renaissance Technologies LLC.
View insider buying and selling activity for Magenta Therapeutics
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Magenta Therapeutics' stock price today?

One share of MGTA stock can currently be purchased for approximately $5.45.

How much money does Magenta Therapeutics make?

Magenta Therapeutics has a market capitalization of $320.33 million. The company earns $-74.94 million in net income (profit) each year or ($1.36) on an earnings per share basis.

How many employees does Magenta Therapeutics have?

Magenta Therapeutics employs 69 workers across the globe.

What is Magenta Therapeutics' official website?

The official website for Magenta Therapeutics is www.magentatx.com.

Where are Magenta Therapeutics' headquarters?

Magenta Therapeutics is headquartered at 100 TECHNOLOGY SQUARE, CAMBRIDGE MA, 02139.

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 12/7/2021 by MarketBeat.com Staff

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