NASDAQ:MNTA - Momenta Pharmaceuticals Stock Price, News, & Analysis

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$14.71 -0.64 (-4.17 %)
(As of 10/16/2018 04:00 PM ET)
Previous Close$15.35
Today's Range$13.95 - $15.49
52-Week Range$11.85 - $32.20
Volume3.33 million shs
Average Volume694,468 shs
Market Capitalization$2.06 billion
P/E Ratio-11.99
Dividend YieldN/A
Beta1.75
Momenta Pharmaceuticals, Inc., a biotechnology company, focuses on developing generic versions of complex drugs, biosimilars, and novel therapeutics for autoimmune diseases in the United States. The company's complex generics programs include Enoxaparin sodium injection, a generic version of Lovenox that is indicated for the prevention and treatment of deep vein thrombosis, as well as supports the treatment of acute coronary syndromes; GLATOPA, a generic version of once-daily COPAXONE for the treatment of patients with relapsing-remitting multiple sclerosis; and GLATOPA, a generic product candidate for three-times-weekly COPAXONE. Its biosimilars programs comprise M923, a biosimilar of HUMIRA for the treatment of patients with rheumatoid arthritis, crohn's disease, ulcerative colitis, and psoriasis; and M834, a biosimilar of ORENCIA for the treatment of rheumatoid arthritis and juvenile idiopathic arthritis, as well as other biosimilar candidates. The company's novel therapeutics programs include M254, a hyper-sialylated version of intravenous immunoglobulin to treat various inflammatory diseases, including idiopathic thrombocytopenic purpura, chronic inflammatory demyelinating polyneuropathy, and multifocal motor neuropathy; 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; and M230, a recombinant trivalent human IgG1 Fc multimer to block tissue damage mediated by immune complexes. It has collaboration and license agreements with Sandoz AG, Mylan Ireland Limited, and CSL Behring Recombinant Facility AG. The company was formerly known as Mimeon, Inc. and changed its name to Momenta Pharmaceuticals, Inc. in September 2002. Momenta Pharmaceuticals, Inc. was founded in 2001 and is headquartered in Cambridge, Massachusetts.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio6.65
Quick Ratio6.65

Price-To-Earnings

Trailing P/E Ratio-11.99
Forward P/E Ratio-7.28
P/E GrowthN/A

Sales & Book Value

Annual Sales$138.88 million
Price / Sales8.30
Cash FlowN/A
Price / CashN/A
Book Value$4.90 per share
Price / Book3.00

Profitability

EPS (Most Recent Fiscal Year)($1.20)
Net Income$-88,090,000.00
Net Margins-128.49%
Return on Equity-40.55%
Return on Assets-30.87%

Miscellaneous

Employees279
Outstanding Shares78,320,000
Market Cap$2.06 billion

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) posted its quarterly earnings data on Thursday, August, 9th. The biotechnology company reported ($0.91) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.41) by $0.50. The biotechnology company earned $13 million during the quarter, compared to the consensus estimate of $15.83 million. Momenta Pharmaceuticals had a negative return on equity of 40.55% and a negative net margin of 128.49%. Momenta Pharmaceuticals's revenue for the quarter was down 44.9% compared to the same quarter last year. During the same quarter last year, the company posted ($0.50) EPS. 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 7th 2018. View Earnings Estimates for Momenta Pharmaceuticals.

What price target have analysts set for MNTA?

3 analysts have issued 1 year price objectives for Momenta Pharmaceuticals' shares. Their forecasts range from $15.00 to $40.00. On average, they expect Momenta Pharmaceuticals' stock price to reach $26.3333 in the next twelve months. This suggests a possible upside of 79.0% from the stock's current price. View Analyst Price Targets for Momenta Pharmaceuticals.

What is the consensus analysts' recommendation for Momenta Pharmaceuticals?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momenta Pharmaceuticals in the last year. There are currently 2 hold ratings and 1 buy rating 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 initiated a strategic review of its ongoing operations with the goal of reducing expenditure on its biosimilar portfolio, which should free up additional capital to fully fund its novel autoimmune portfolio.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 being developed in collaboration with Mylan. Momenta expects to file a biologics license application (BLA) for M923 with the FDA and plans to work to identify a commercialization partner for this product candidate. Momenta will restructure its executive team and reduce its workforce by approximately 50%. The cost savings from the restructuring plan should enable the company to redirect a meaningful portion of its resources toward novel drug candidates for the treatment of rare, immune-mediated diseases.Shares of the company have outperformed the industry in the year so far." (10/15/2018)
  • 2. Stifel Nicolaus analysts commented, "We believe MNTA’s R&D day on 10/11 will be an important event as the company repositions itself as more of a traditional biotech refocusing its resources on its proprietary pipeline. We think management’s recent steps on restructuring is a testament to that and while the outcome of the strategic review did not get many investors excited, we think it was necessary ahead of R&D day. As we indicated in our resumption of coverage, we believe we are making an early call on MNTA given our bullishness on the promise of the FcRn class and think additional data at R&D day for its candidate, M281, could provide some incremental differentiation relative to other programs furthering our thesis it could be best-in-class and could offer modest near-term upside for the stock." (10/10/2018)

Who are some of Momenta Pharmaceuticals' key competitors?

Who are Momenta Pharmaceuticals' key executives?

Momenta Pharmaceuticals' management team includes the folowing people:
  • Mr. Craig A. Wheeler, Pres, CEO, Principal Financial Officer, Principal Accounting Officer & Exec. Director (Age 58)
  • Dr. Ganesh Venkataraman Kaundinya Ph.D., Co-Founder, COO, Chief Scientific Officer & Sr. VP (Age 51)
  • Mr. Bruce A. Leicher, Sr. VP, Gen. Counsel and Corp. Sec. (Age 62)
  • Mr. Scott M. Storer, Sr. VP, CFO & Principal Accounting Officer (Leave of Absence)
  • Dr. Santiago Arroyo M.D., Ph.D., Chief Medical Officer & Sr. VP of Devel.

Who are Momenta Pharmaceuticals' major shareholders?

Momenta Pharmaceuticals' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.07%) and Essex Investment Management Co. LLC (0.02%). Company insiders that own Momenta Pharmaceuticals stock include Bruce Leicher, Craig A Wheeler, Elizabeth Stoner, Ganesh Venkataraman Kaundinya, James M Roach, Richard P Shea, Santiago Arroyo, Scott M Storer and Young Kwon. View Institutional Ownership Trends 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 Essex Investment Management Co. LLC and Bank of Montreal Can. 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, Scottrade, Fidelity and Charles Schwab.

What is Momenta Pharmaceuticals' stock price today?

One share of MNTA stock can currently be purchased for approximately $14.71.

How big of a company is Momenta Pharmaceuticals?

Momenta Pharmaceuticals has a market capitalization of $2.06 billion and generates $138.88 million in revenue each year. The biotechnology company earns $-88,090,000.00 in net income (profit) each year or ($1.20) on an earnings per share basis. Momenta Pharmaceuticals employs 279 workers across the globe.

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:  443 (Vote Outperform)
Underperform Votes:  435 (Vote Underperform)
Total Votes:  878
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 10/16/2018 by MarketBeat.com Staff

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