NASDAQ:MGTX MeiraGTx (MGTX) Stock Price, News & Analysis → The ONE AI Stock to own now. (It’s not Nvidia.) (From Weiss Ratings) (Ad) Free MGTX Stock Alerts $5.71 +0.03 (+0.53%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$5.65▼$5.7950-Day Range$4.71▼$6.5252-Week Range$3.49▼$8.35Volume68,724 shsAverage Volume135,593 shsMarket Capitalization$367.21 millionP/E RatioN/ADividend YieldN/APrice Target$26.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get MeiraGTx alerts: Email Address MeiraGTx MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside355.3% Upside$26.00 Price TargetShort InterestHealthy1.76% of Shares Sold ShortDividend StrengthN/ASustainability-0.54Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.52) to $0.87 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.20 out of 5 starsMedical Sector188th out of 920 stocksBiological Products, Except Diagnostic Industry23rd out of 155 stocks 3.5 Analyst's Opinion Consensus RatingMeiraGTx has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageMeiraGTx has only been the subject of 1 research reports in the past 90 days.Read more about MeiraGTx's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.76% of the outstanding shares of MeiraGTx have been sold short.Short Interest Ratio / Days to CoverMeiraGTx has a short interest ratio ("days to cover") of 7.6.Change versus previous monthShort interest in MeiraGTx has recently decreased by 0.88%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldMeiraGTx does not currently pay a dividend.Dividend GrowthMeiraGTx does not have a long track record of dividend growth. Previous Next 4.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMeiraGTx has received a 78.28% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is false driven by its "Preclinical research services for physical health", "Clinical research services for physiological diseases ", and "Basic medical research services" products. See details.Environmental SustainabilityThe Environmental Impact score for MeiraGTx is -0.54. Previous Next 2.1 News and Social Media Coverage News SentimentMeiraGTx has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for MeiraGTx this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MeiraGTx insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.70% of the stock of MeiraGTx is held by insiders.Percentage Held by Institutions67.48% of the stock of MeiraGTx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about MeiraGTx's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for MeiraGTx are expected to grow in the coming year, from ($1.52) to $0.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MeiraGTx is -4.88, 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 MeiraGTx is -4.88, 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 RatioMeiraGTx has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about MeiraGTx's valuation and earnings. 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Its programs in clinical development include Phase I/II clinical stage programs in achromatopsia, X-linked retinitis pigmentosa, and RPE65-deficiency; Phase I clinical trials for radiation-induced xerostomia; and Parkinson's program that has completed a Phase II trial. It has a research collaboration agreement with Janssen Pharmaceuticals, Inc. for the research, development, and commercialization of gene therapies for the treatment of inherited retinal disease. The company was incorporated in 2015 and is based in New York, New York.Read More MGTX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGTX Stock News HeadlinesMay 13, 2024 | finance.yahoo.comAnalyst Forecasts For MeiraGTx Holdings plc (NASDAQ:MGTX) Are Surging HigherMay 10, 2024 | finance.yahoo.comMeiraGTx Holdings PLC Reports First Quarter 2024 Financial ResultsMay 10, 2024 | finance.yahoo.comMeiraGTx Holdings First Quarter 2024 Earnings: US$0.32 loss per share (vs US$0.62 loss in 1Q 2023)May 9, 2024 | investing.comMeiraGTx (MGTX) Earnings Dates & ReportsMay 9, 2024 | investorplace.comMGTX Stock Earnings: MeiraGTx Hldgs Beats EPS, Misses Revenue for Q1 2024May 9, 2024 | globenewswire.comMeiraGTx Reports First Quarter 2024 Financial and Operational ResultsApril 25, 2024 | finance.yahoo.comMeiraGTx Holdings plc (NASDAQ:MGTX): Is Breakeven Near?April 24, 2024 | globenewswire.comMeiraGTx to Participate in Upcoming Investor ConferencesApril 18, 2024 | globenewswire.comMeiraGTx Announces Oral Presentation at the 2024 American Academy of Oral Medicine (AAOM) Annual ConferenceMarch 17, 2024 | finance.yahoo.comMGTX Apr 2024 12.500 callMarch 15, 2024 | markets.businessinsider.comBuy Rating Affirmed: Meiragtx Holdings’ Promising Pipeline and Strategic Partnerships Set Stage for GrowthMarch 14, 2024 | investorplace.comMGTX Stock Earnings: MeiraGTx Hldgs Beats EPS, Misses Revenue for Q4 2023March 14, 2024 | benzinga.comRecap: MeiraGTx Hldgs Q4 EarningsMarch 14, 2024 | hk.finance.yahoo.comMeiraGTx Holdings PLC Reports Notable Clinical Progress Amidst Financial Challenges in 2023March 14, 2024 | baystreet.caMeira Retreats on Financial FiguresMarch 14, 2024 | globenewswire.comMeiraGTx Reports Fourth Quarter and Full Year 2023 Financial and Operational Results and Recent Business UpdatesFebruary 26, 2024 | finance.yahoo.comMeiraGTx Holdings plc (NASDAQ:MGTX) stock most popular amongst private equity firms who own 28%, while individual investors hold 26%February 17, 2024 | finance.yahoo.comMGTX Mar 2024 12.500 callFebruary 16, 2024 | seekingalpha.comMeiraGTx: Bota-Vec Program Advancing With Milestones Being MetFebruary 15, 2024 | morningstar.comMeiraGTx Holdings PLC MGTXFebruary 13, 2024 | finance.yahoo.comMeiraGTx Announces $50 Million Milestone from Janssen PharmaceuticalsJanuary 10, 2024 | finance.yahoo.comWall Street Analysts Think MeiraGTx Holdings PLC (MGTX) Could Surge 217.92%: Read This Before Placing a BetJanuary 10, 2024 | finance.yahoo.comMeiraGTx (MGTX): Strong Industry, Solid Earnings Estimate RevisionsDecember 25, 2023 | finance.yahoo.comWall Street Analysts Believe MeiraGTx Holdings PLC (MGTX) Could Rally 221.78%: Here's is How to TradeDecember 24, 2023 | benzinga.comMeiraGTx Hldgs Stock (NASDAQ:MGTX), Short Interest ReportSee More Headlines Receive MGTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MeiraGTx and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/14/2024Today5/19/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:MGTX CUSIPN/A CIK1735438 Webwww.meiragtx.com Phone(646) 860-7985FaxN/AEmployees419Year FoundedN/APrice Target and Rating Average Stock Price Target$26.00 High Stock Price Target$41.00 Low Stock Price Target$11.00 Potential Upside/Downside+355.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-84,030,000.00 Net Margins-651.19% Pretax Margin-651.19% Return on Equity-122.82% Return on Assets-48.11% Debt Debt-to-Equity Ratio0.69 Current Ratio3.14 Quick Ratio2.38 Sales & Book Value Annual Sales$14.02 million Price / Sales26.19 Cash FlowN/A Price / Cash FlowN/A Book Value$1.89 per share Price / Book3.02Miscellaneous Outstanding Shares64,310,000Free Float58,069,000Market Cap$367.21 million OptionableOptionable Beta1.31 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesDr. Alexandria Forbes Ph.D. (Age 59)CEO, President & Director Comp: $2.33MMr. Richard Brian Giroux B.A. (Age 51)COO & CFO Comp: $1.83MDr. Stuart Naylor Ph.D. (Age 61)Chief Development Officer Comp: $1MMr. Robert J. Wollin J.D. (Age 48)General Counsel & Secretary Dr. Michel Michaelides M.D.Head of Clinical OphthalmologyMs. Christine Elise Sheehy (Age 56)Senior Vice President of Global Integration Mr. Tim RandallSenior Vice President of Risk & Internal ControlsDr. Alastair Leighton Ph.D.Senior Vice President of Manufacturing & Supply ChainDr. Robert K. Zeldin M.D. (Age 61)Chief Medical Officer Comp: $1.1MMore ExecutivesKey CompetitorsCaribou BiosciencesNASDAQ:CRBUBlack Diamond TherapeuticsNASDAQ:BDTXTenaya TherapeuticsNASDAQ:TNYAJasper TherapeuticsNASDAQ:JSPRCandel TherapeuticsNASDAQ:CADLView All CompetitorsInstitutional OwnershipKennedy Capital Management LLCBought 16,457 shares on 5/16/2024Ownership: 0.026%CreativeOne Wealth LLCSold 5,119 shares on 5/14/2024Ownership: 0.112%EntryPoint Capital LLCBought 32,893 shares on 5/14/2024Ownership: 0.051%Tocqueville Asset Management L.P.Bought 5,550 shares on 5/10/2024Ownership: 0.061%Acadian Asset Management LLCBought 4,241 shares on 5/10/2024Ownership: 0.007%View All Institutional Transactions MGTX Stock Analysis - Frequently Asked Questions Should I buy or sell MeiraGTx stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MeiraGTx in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MGTX shares. View MGTX analyst ratings or view top-rated stocks. What is MeiraGTx's stock price target for 2024? 2 Wall Street analysts have issued 12-month price objectives for MeiraGTx's shares. Their MGTX share price targets range from $11.00 to $41.00. On average, they anticipate the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 355.3% from the stock's current price. View analysts price targets for MGTX or view top-rated stocks among Wall Street analysts. How have MGTX shares performed in 2024? MeiraGTx's stock was trading at $7.02 at the beginning of the year. Since then, MGTX shares have decreased by 18.7% and is now trading at $5.71. View the best growth stocks for 2024 here. When is MeiraGTx's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our MGTX earnings forecast. How were MeiraGTx's earnings last quarter? MeiraGTx Holdings plc (NASDAQ:MGTX) issued its quarterly earnings results on Thursday, March, 14th. The company reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.46) by $0.01. The firm earned $2.04 million during the quarter, compared to analysts' expectations of $10.13 million. MeiraGTx had a negative trailing twelve-month return on equity of 122.82% and a negative net margin of 651.19%. What other stocks do shareholders of MeiraGTx own? Based on aggregate information from My MarketBeat watchlists, some companies that other MeiraGTx investors own include AbbVie (ABBV), Sorrento Therapeutics (SRNE), Aldeyra Therapeutics (ALDX), Inovio Pharmaceuticals (INO), Kadmon (KDMN), Pfizer (PFE), VBI Vaccines (VBIV), Novavax (NVAX), Viking Therapeutics (VKTX) and Advanced Micro Devices (AMD). When did MeiraGTx IPO? MeiraGTx (MGTX) raised $75 million in an initial public offering on Friday, June 8th 2018. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. BofA Merrill Lynch, Barclays and Evercore ISI served as the underwriters for the IPO and Chardan was co-manager. Who are MeiraGTx's major shareholders? MeiraGTx's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (0.50%), Russell Investments Group Ltd. (0.25%), Privium Fund Management B.V. (0.19%), Los Angeles Capital Management LLC (0.18%), CreativeOne Wealth LLC (0.11%) and Tocqueville Asset Management L.P. (0.06%). Insiders that own company stock include Alexandria Forbes, Elizabeth A Cook, Perceptive Advisors Llc, Richard Giroux, Robert J Wollin, Robert K Zeldin and Stuart Naylor. View institutional ownership trends. How do I buy shares of MeiraGTx? Shares of MGTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:MGTX) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersBuy this small stock before coming AI Tidal WaveChaikin AnalyticsCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingShocking $16T Elon Musk Crypto LeakCrypto 101 MediaForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsDems have chosen Biden replacement?Paradigm PressHow Biden has already won 2024Porter & CompanyExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersA letter is coming from the "Bureau of the Fiscal Service".Stansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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