MannKind Corporation, a biopharmaceutical company, focuses on the development and commercialization of inhaled therapeutic products for diabetes and pulmonary arterial hypertension patients. It offers Afrezza, a dry powder formulation of human insulin that controls high blood sugar in adults with type 1 and type 2 diabetes in the United States. The company has a licensing and collaboration agreement with United Therapeutics Corporation for the development and commercialization of a dry powder formulation of treprostinil used for the treatment of pulmonary arterial hypertension. MannKind Corporation was founded in 1991 and is headquartered in Westlake Village, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:MNKD
Previous Symbol
CUSIP56400P20
Phone818-661-5000
Debt
Debt-to-Equity RatioN/A
Current Ratio0.33
Quick Ratio0.28
Price-To-Earnings
Trailing P/E Ratio-1.45
Forward P/E Ratio-2.33
P/E GrowthN/A
Sales & Book Value
Annual Sales$11.74 million
Price / Sales22.84
Cash FlowN/A
Price / Cash FlowN/A
Book Value($1.81) per share
Price / Book-0.93
Profitability
EPS (Most Recent Fiscal Year)($1.16)
Net Income$-117,330,000.00
Net Margins-672.57%
Return on EquityN/A
Return on Assets-171.99%
Miscellaneous
Employees250
Outstanding Shares159,600,000
Market Cap$272.91 million
OptionableOptionable
MannKind (NASDAQ:MNKD) Frequently Asked Questions
What is MannKind's stock symbol?
MannKind trades on the NASDAQ under the ticker symbol "MNKD."
How were MannKind's earnings last quarter?
MannKind Co. (NASDAQ:MNKD) announced its earnings results on Thursday, November, 1st. The biopharmaceutical company reported ($0.16) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.18) by $0.02. The biopharmaceutical company earned $4.47 million during the quarter, compared to analyst estimates of $5.28 million. View MannKind's Earnings History.
When is MannKind's next earnings date?
What price target have analysts set for MNKD?
2 brokerages have issued 12-month price objectives for MannKind's shares. Their predictions range from $1.00 to $4.00. On average, they anticipate MannKind's stock price to reach $2.59 in the next twelve months. This suggests a possible upside of 54.2% from the stock's current price. View Analyst Price Targets for MannKind.
What is the consensus analysts' recommendation for MannKind?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MannKind in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MannKind.
What are Wall Street analysts saying about MannKind stock?
Here are some recent quotes from research analysts about MannKind stock:
- 1. According to Zacks Investment Research, "Mannkind Corporation is a biopharmaceutical company focused on the discovery, development and commercialization of therapeutic products for diseases such as diabetes, cancer, inflammatory and autoimmune diseases. The Company's lead product, the Technosphere Insulin System, consists of the Company's dry-powder Technosphere formulation of insulin and the Company's MedTone inhaler through which the powder is inhaled into the deep lung. " (7/11/2018)
- 2. HC Wainwright analysts commented, "Exchange NASDAQ Value (M) $324.5 Market Cap (M) $238 Shares Outstanding (M) 133.1 3 Interest (M) 32.53 Cash (M) $53.5 Total Debt (M) $140.0 Year – (0.15) FY (1.13) (0.83) (0.65) FY P/E NM NM NM Year – 14.7 FY 11.7 20.8 45.4 8 6 4 2 0 0 Vol. (mil) the science to drive Afrezza awareness and adoption." (5/10/2018)
Has MannKind been receiving favorable news coverage?
News headlines about MNKD stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. MannKind earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned news headlines about the biopharmaceutical company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future.
Are investors shorting MannKind?
MannKind saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 42,523,468 shares, an increase of 1.8% from the November 15th total of 43,297,362 shares. Based on an average daily trading volume, of 1,221,888 shares, the days-to-cover ratio is currently 34.8 days. Currently, 29.1% of the company's stock are sold short. View MannKind's Current Options Chain.
Who are some of MannKind's key competitors?
Some companies that are related to MannKind include Uniqure (QURE), Apellis Pharmaceuticals (APLS), Retrophin (RTRX), Rhythm Pharmaceuticals (RYTM), TherapeuticsMD (TXMD), Amphastar Pharmaceuticals (AMPH), Deciphera Pharmaceuticals (DCPH), Homology Medicines (FIXX), Puma Biotechnology (PBYI), Athenex (ATNX), Crinetics Pharmaceuticals (CRNX), ImmunoGen (IMGN), Intra-Cellular Therapies (ITCI), Dicerna Pharmaceuticals (DRNA) and AC Immune (ACIU).
Who are MannKind's key executives?
MannKind's management team includes the folowing people:
- Dr. Michael E. Castagna, CEO & Director (Age 41)
- Mr. Steven B. Binder, Chief Financial Officer (Age 55)
- Mr. Joseph Kocinsky, Chief Technology Officer (Age 54)
- Ms. Rosabel Realica Alinaya, Sr. VP of Investor Relations & Treasury (Age 57)
- Dr. David B. Thomson, Corp. VP, Gen. Counsel & Sec. (Age 51)
Who are MannKind's major shareholders?
MannKind's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.32%), Vanguard Group Inc (4.15%), Vanguard Group Inc. (4.15%), FMR LLC (0.88%), TIAA CREF Investment Management LLC (0.16%) and Wells Fargo & Company MN (0.16%). Company insiders that own MannKind stock include Kent Kresa, Matthew J Pfeffer, Michael Castagna, Raymond W Urbanski, Rosabel Realica Alinaya, Steven B Binder and Stuart A Tross. View Institutional Ownership Trends for MannKind.
Which major investors are selling MannKind stock?
Which major investors are buying MannKind stock?
MNKD stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc, Vanguard Group Inc., Alliancebernstein L.P. and Wells Fargo & Company MN. Company insiders that have bought MannKind stock in the last two years include Kent Kresa, Matthew J Pfeffer, Michael Castagna, Rosabel Realica Alinaya, Steven B Binder and Stuart A Tross. View Insider Buying and Selling for MannKind.
How do I buy shares of MannKind?
Shares of MNKD 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, Scottrade, Fidelity and Charles Schwab.
What is MannKind's stock price today?
One share of MNKD stock can currently be purchased for approximately $1.68.
How big of a company is MannKind?
MannKind has a market capitalization of $272.91 million and generates $11.74 million in revenue each year. The biopharmaceutical company earns $-117,330,000.00 in net income (profit) each year or ($1.16) on an earnings per share basis. MannKind employs 250 workers across the globe.
What is MannKind's official website?
How can I contact MannKind?
MannKind's mailing address is 30930 RUSSELL RANCH ROAD SUITE 301, WESTLAKE VILLAGE CA, 91362. The biopharmaceutical company can be reached via phone at 818-661-5000 or via email at [email protected]
MarketBeat Community Rating for MannKind (NASDAQ MNKD)
MarketBeat's community ratings are surveys of what our community members think about MannKind and other stocks. Vote "Outperform" if you believe MNKD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MNKD will underperform the S&P 500 over the long term. You may vote once every thirty days.
