Momenta Pharmaceuticals Stock Price, News & Analysis (NASDAQ:MNTA)

$13.38
+0.06 (+0.45 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$13.22
Now: $13.38
$13.65
50-Day Range
$11.13
MA: $12.46
$14.28
52-Week Range
$9.51
Now: $13.38
$28.15
Volume397,754 shs
Average Volume541,228 shs
Market Capitalization$1.32 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.03
Momenta Pharmaceuticals, Inc, a biotechnology company, focuses on the discovery and development of novel biologic therapies for the treatment of rare immune-mediated diseases in the United States. Its novel therapeutic programs include M281, a fully-human anti-neonatal Fc receptor (FcRn), aglycosylated immunoglobulin G (IgG1), and monoclonal antibody to reduce circulating IgG antibodies by blocking endogenous IgG recycling via FcRn; M230, a recombinant trivalent human IgG1 Fc multimer containing three IgG Fc regions joined to maximize activity; and M254, a hyper-sialylated immunoglobulin to treat various inflammatory diseases, including idiopathic thrombocytopenic purpura and chronic inflammatory demyelinating polyneuropathy. Read More…

Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:MNTA
CUSIP60877T10
Phone617-491-9700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$75.59 million
Book Value$4.68 per share

Profitability

Net Income$-176,060,000.00
Net Margins-324.41%

Miscellaneous

Employees131
Market Cap$1.32 billion
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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Momenta Pharmaceuticals (NASDAQ:MNTA) Frequently Asked Questions

What is Momenta Pharmaceuticals' stock symbol?

Momenta Pharmaceuticals trades on the NASDAQ under the ticker symbol "MNTA."

How were Momenta Pharmaceuticals' earnings last quarter?

Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) announced its quarterly earnings data on Friday, August, 2nd. The biotechnology company reported ($1.16) earnings per share for the quarter, missing the consensus estimate of ($0.42) by $0.74. The biotechnology company had revenue of $5.18 million for the quarter, compared to the consensus estimate of $9.20 million. Momenta Pharmaceuticals had a negative return on equity of 55.24% and a negative net margin of 324.41%. Momenta Pharmaceuticals's quarterly revenue was down 60.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.91) earnings per share. View Momenta Pharmaceuticals' Earnings History.

When is Momenta Pharmaceuticals' next earnings date?

Momenta Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Momenta Pharmaceuticals.

What price target have analysts set for MNTA?

5 equities research analysts have issued twelve-month price targets for Momenta Pharmaceuticals' shares. Their predictions range from $14.15 to $35.00. On average, they anticipate Momenta Pharmaceuticals' stock price to reach $23.5375 in the next year. This suggests a possible upside of 75.9% from the stock's current price. View Analyst Price Targets for Momenta Pharmaceuticals.

What is the consensus analysts' recommendation for Momenta Pharmaceuticals?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momenta Pharmaceuticals in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Momenta Pharmaceuticals.

What are Wall Street analysts saying about Momenta Pharmaceuticals stock?

Here are some recent quotes from research analysts about Momenta Pharmaceuticals stock:
  • 1. According to Zacks Investment Research, "Momenta’s earnings and sales missed estimates in the first quarter. Product revenues continue to decline on increased competition. Momenta undertook a strategic review with the goal to focus only the discovery and development of novel drugs to treat rare, immune-mediated disorders. Consequently, the company will now advance only two late-stage biosimilar assets, M923, its wholly-owned proposed biosimilar to Humira, and M710, its proposed biosimilar to Eylea. Although the FDA had approved Momenta’s Glatopa 40 mg, competition was stiff as Mylan had already won the FDA’s approval for a generic version of Teva Pharmaceuticals’ Copaxone 40 mg. Hence, cost savings from the restructuring plan should enable the company to develop novel drug candidates. Shares have outperformed the industry in the year so far." (5/9/2019)
  • 2. Stifel Nicolaus analysts commented, "We remain positive on the stock as we believe very little is currently being priced in for MNTA’s M281 program, which we view as mechanistically de-risked and, based on our prior research into the CK/albumin controversies, to be safe. With the first set of proof-of-concept (POC) data expected in 1H-to-mid-2020 for M254 and M281, we believe the stock should begin to work in anticipation of these results and think shares could inflect to ~$40, if they are positive. 2 study in myasthenia gravis (MG) is underway, with results expected in mid-2020. MNTA’s CEO indicated he had just returned from initiating a site for the Phase 2 trial for M281 in MG and, while he acknowledged the heightened competition for MG patients given the increased clinical activity in the space – i.e." (2/22/2019)
  • 3. Cantor Fitzgerald analysts commented, ". Post 4Q18, we reiterate our Neutral rating and our 12-month price target of $16. We view the company’s novel pipeline as potentially blockbuster, although safety concerns raised over the Phase 1 data and a lack of any significant catalysts in 2019 keep us on the sidelines. We could be more constructive on MNTA stock if the company is able to advance its early-stage, novel drugs and show positive efficacy and safety data. We believe the concerns around M281 Phase 1 creatine kinase (CK) and albumin data may turn out to be overdone; however, we would like to see more data on this before moving off the sidelines." (2/22/2019)

Has Momenta Pharmaceuticals been receiving favorable news coverage?

Media headlines about MNTA stock have been trending negative this week, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Momenta Pharmaceuticals earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned media stories about the biotechnology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Momenta Pharmaceuticals.

Who are some of Momenta Pharmaceuticals' key competitors?

What other stocks do shareholders of Momenta Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Momenta Pharmaceuticals investors own include Exelixis (EXEL), Amicus Therapeutics (FOLD), Novavax (NVAX), Synergy Pharmaceuticals (SGYP), ACADIA Pharmaceuticals (ACAD), Gilead Sciences (GILD), Portola Pharmaceuticals (PTLA), Halozyme Therapeutics (HALO), Clovis Oncology (CLVS) and ImmunoGen (IMGN).

Who are Momenta Pharmaceuticals' key executives?

Momenta Pharmaceuticals' management team includes the folowing people:
  • Mr. Craig A. Wheeler, Pres, CEO & Exec. Director (Age 59)
  • Dr. Ganesh Venkataraman Kaundinya, Co-Founder & Consultant (Age 52)
  • Dr. Santiago Arroyo, Chief Medical Officer & Sr. VP of Devel. (Age 59)
  • Mr. Bruce A. Leicher, Consultant (Age 63)
  • Mr. Scott M. Storer, Consultant

Who are Momenta Pharmaceuticals' major shareholders?

Momenta Pharmaceuticals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.81%), Vanguard Group Inc. (10.57%), Price T Rowe Associates Inc. MD (5.45%), Camber Capital Management LP (3.55%), Primecap Management Co. CA (3.13%) and Perceptive Advisors LLC (2.94%). Company insiders that own Momenta Pharmaceuticals stock include Alejandra Carvajal, Anthony M Manning, Bruce Downey, Bruce Leicher, Craig A Wheeler, Elizabeth Stoner, Ganesh Venkataraman Kaundinya, Ian Fier, Jo Ann Beltramello, Michelle Robertson, Santiago Arroyo, Scott M Storer and Young Kwon. View Institutional Ownership Trends for Momenta Pharmaceuticals.

Which major investors are selling Momenta Pharmaceuticals stock?

MNTA stock was sold by a variety of institutional investors in the last quarter, including Camber Capital Management LP, Price T Rowe Associates Inc. MD, Invesco Ltd., D. E. Shaw & Co. Inc., Renaissance Technologies LLC, Wells Fargo & Company MN, Parametric Portfolio Associates LLC and JPMorgan Chase & Co.. Company insiders that have sold Momenta Pharmaceuticals company stock in the last year include Alejandra Carvajal, Anthony M Manning, Bruce Downey, Craig A Wheeler, Ian Fier, Jo Ann Beltramello, Michelle Robertson, Santiago Arroyo and Young Kwon. View Insider Buying and Selling for Momenta Pharmaceuticals.

Which major investors are buying Momenta Pharmaceuticals stock?

MNTA stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, BlackRock Inc., Morgan Stanley, Nuveen Asset Management LLC, Greencape Capital Pty Ltd, Point72 Asset Management L.P., Atria Investments LLC and Atria Investments LLC. View Insider Buying and Selling for Momenta Pharmaceuticals.

How do I buy shares of Momenta Pharmaceuticals?

Shares of MNTA 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 Momenta Pharmaceuticals' stock price today?

One share of MNTA stock can currently be purchased for approximately $13.38.

How big of a company is Momenta Pharmaceuticals?

Momenta Pharmaceuticals has a market capitalization of $1.32 billion and generates $75.59 million in revenue each year. The biotechnology company earns $-176,060,000.00 in net income (profit) each year or ($2.03) on an earnings per share basis. Momenta Pharmaceuticals employs 131 workers across the globe.View Additional Information About Momenta Pharmaceuticals.

What is Momenta Pharmaceuticals' official website?

The official website for Momenta Pharmaceuticals is http://www.momentapharma.com/.

How can I contact Momenta Pharmaceuticals?

Momenta Pharmaceuticals' mailing address is 301 BINNEY STREET, CAMBRIDGE MA, 02142. The biotechnology company can be reached via phone at 617-491-9700 or via email at [email protected]


MarketBeat Community Rating for Momenta Pharmaceuticals (NASDAQ MNTA)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  502 (Vote Outperform)
Underperform Votes:  518 (Vote Underperform)
Total Votes:  1,020
MarketBeat's community ratings are surveys of what our community members think about Momenta Pharmaceuticals and other stocks. Vote "Outperform" if you believe MNTA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MNTA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2019 by MarketBeat.com Staff

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