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S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
NASDAQ:MRSN

Mersana Therapeutics Stock Forecast, Price & News

$4.63
-0.25 (-5.12%)
(As of 06/28/2022 04:00 PM ET)
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Today's Range
$4.55
$5.10
50-Day Range
$2.84
$5.00
52-Week Range
$2.68
$14.80
Volume
1.62 million shs
Average Volume
1.67 million shs
Market Capitalization
$449.07 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.25
30 days | 90 days | 365 days | Advanced Chart

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MRSN Stock Forecast (MarketRank)

Overall MarketRank

2.40 out of 5 stars

Medical Sector

202nd out of 1,433 stocks

Pharmaceutical Preparations Industry

84th out of 685 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -
Mersana Therapeutics logo

About Mersana Therapeutics (NASDAQ:MRSN)

Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company, develops antibody drug conjugates (ADC) for cancer patients with unmet need. It develops XMT-1592, a Dolasynthen ADC targeting NaPi2b-expressing tumor cells, which is in phase I clinical trial for the treatment of ovarian cancer and NSCLC adenocarcinoma. The company also develops XMT-1660, a B7-H4-targeted Dolasynthen ADC candidate; and XMT-2056, an immunosynthen development candidate. It has a strategic research and development partnerships with Merck KGaA and Asana BioSciences, LLC for the development of ADC product candidates utilizing Fleximer. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc. in November 2005. Mersana Therapeutics, Inc. was incorporated in 2001 and is headquartered in Cambridge, Massachusetts.

MRSN Stock News Headlines

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Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:MRSN
Fax
N/A
Employees
169
Year Founded
N/A

Company Calendar

Last Earnings
5/09/2022
Today
6/29/2022
Next Earnings (Estimated)
8/05/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$21.25
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+359.0%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
4 Analysts

Profitability

Net Income
$-170.06 million
Net Margins
-8,826.73%
Pretax Margin
-8,826.73%

Debt

Sales & Book Value

Annual Sales
$40 thousand
Price / Sales
11,226.71
Book Value
$1.69 per share

Miscellaneous

Free Float
92,141,000
Market Cap
$449.07 million
Optionable
Not Optionable
Beta
2.38














Mersana Therapeutics Frequently Asked Questions

Should I buy or sell Mersana Therapeutics stock right now?

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

What is Mersana Therapeutics' stock price forecast for 2022?

4 brokers have issued 12-month price targets for Mersana Therapeutics' stock. Their MRSN stock forecasts range from $16.00 to $32.00. On average, they predict Mersana Therapeutics' stock price to reach $21.25 in the next twelve months. This suggests a possible upside of 359.0% from the stock's current price.
View analysts' price targets for Mersana Therapeutics
or view top-rated stocks among Wall Street analysts.

How has Mersana Therapeutics' stock performed in 2022?

Mersana Therapeutics' stock was trading at $6.22 at the beginning of 2022. Since then, MRSN shares have decreased by 25.6% and is now trading at $4.63.
View the best growth stocks for 2022 here
.

Are investors shorting Mersana Therapeutics?

Mersana Therapeutics saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 5,870,000 shares, an increase of 26.5% from the May 15th total of 4,640,000 shares. Based on an average trading volume of 1,480,000 shares, the short-interest ratio is currently 4.0 days.
View Mersana Therapeutics' Short Interest
.

When is Mersana Therapeutics' next earnings date?

Mersana Therapeutics is scheduled to release its next quarterly earnings announcement on Friday, August 5th 2022.
View our earnings forecast for Mersana Therapeutics
.

How were Mersana Therapeutics' earnings last quarter?

Mersana Therapeutics, Inc. (NASDAQ:MRSN) released its quarterly earnings data on Monday, May, 9th. The company reported ($0.59) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by $0.28. Mersana Therapeutics had a negative trailing twelve-month return on equity of 119.10% and a negative net margin of 8,826.73%. During the same period last year, the firm earned ($0.50) EPS.
View Mersana Therapeutics' earnings history
.

Who are Mersana Therapeutics' key executives?

Mersana Therapeutics' management team includes the following people:
  • Ms. Anna Protopapas M.B.A., Pres, CEO & Director (Age 58, Pay $852.34k) (LinkedIn Profile)
  • Mr. Brian C. DeSchuytner, Sr. VP & CFO (Age 44, Pay $570.49k)
  • Dr. Timothy B. Lowinger Ph.D., Chief Science & Technology Officer (Age 58, Pay $598.29k) (LinkedIn Profile)
  • Ms. Alejandra Veronica Carvajal J.D., SVP, Sec. & Chief Legal Officer (Age 48, Pay $511.29k)
  • Dr. Tushar Misra Ph.D., SVP & Chief Manufacturing Officer (Age 62, Pay $485.89k)
  • Mr. Mikhail Papisov Ph.D., Co-Founder
  • Mr. Ashish Mandelia, VP, Controller & Principal Accounting Officer (Age 48) (LinkedIn Profile)
  • Ms. Sarah Carmody, Exec. Director of Investor Relations & Corp. Communications
  • Ms. Carla Poulson, Chief People Officer
  • Mr. Chuck Miller, Sr. VP of Regulatory Affairs

What is Anna Protopapas' approval rating as Mersana Therapeutics' CEO?

3 employees have rated Mersana Therapeutics CEO Anna Protopapas on Glassdoor.com. Anna Protopapas has an approval rating of 100% among Mersana Therapeutics' employees. This puts Anna Protopapas in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Mersana Therapeutics own?

When did Mersana Therapeutics IPO?

(MRSN) raised $75 million in an IPO on Wednesday, June 28th 2017. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, Cowen and Leerink Partners acted as the underwriters for the IPO and Wedbush PacGrow was co-manager.

What is Mersana Therapeutics' stock symbol?

Mersana Therapeutics trades on the NASDAQ under the ticker symbol "MRSN."

Who are Mersana Therapeutics' major shareholders?

Mersana Therapeutics' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.15%), Bellevue Group AG (4.08%), Rock Springs Capital Management LP (3.87%), Vanguard Group Inc. (3.54%), Artal Group S.A. (2.64%) and Candriam Luxembourg S.C.A. (1.90%). Company insiders that own Mersana Therapeutics stock include Alejandra Carvajal, Andrew A F Hack, Anna Protopapas, Arvin Yang, Ashish Mandelia, Eva M Jack, Lawrence M Alleva, Lawrence M Alleva, Scott D Sandell and Timothy B Lowinger.
View institutional ownership trends for Mersana Therapeutics
.

Which major investors are selling Mersana Therapeutics stock?

MRSN stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, State Street Corp, Citigroup Inc., Bellevue Group AG, Candriam Luxembourg S.C.A., Vanguard Group Inc., UBS Group AG, and Allianz Asset Management GmbH. Company insiders that have sold Mersana Therapeutics company stock in the last two years include Alejandra Carvajal, Anna Protopapas, Arvin Yang, Ashish Mandelia, Eva M Jack, and Timothy B Lowinger.
View insider buying and selling activity for Mersana Therapeutics
or view top insider-selling stocks.

Which major investors are buying Mersana Therapeutics stock?

MRSN stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Artal Group S.A., Decheng Capital Management III Cayman LLC, Renaissance Technologies LLC, Federated Hermes Inc., Rock Springs Capital Management LP, Goldman Sachs Group Inc., and Pinz Capital Management LP. Company insiders that have bought Mersana Therapeutics stock in the last two years include Andrew A F Hack, and Lawrence M Alleva.
View insider buying and selling activity for Mersana Therapeutics
or or view top insider-buying stocks.

How do I buy shares of Mersana Therapeutics?

Shares of MRSN 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 Mersana Therapeutics' stock price today?

One share of MRSN stock can currently be purchased for approximately $4.63.

How much money does Mersana Therapeutics make?

Mersana Therapeutics (NASDAQ:MRSN) has a market capitalization of $449.07 million and generates $40 thousand in revenue each year. The company earns $-170.06 million in net income (profit) each year or ($2.490010) on an earnings per share basis.

How many employees does Mersana Therapeutics have?

Mersana Therapeutics employs 169 workers across the globe.

How can I contact Mersana Therapeutics?

Mersana Therapeutics' mailing address is 840 MEMORIAL DRIVE, CAMBRIDGE MA, 02139. The official website for Mersana Therapeutics is www.mersana.com. The company can be reached via phone at (617) 498-0020 or via email at [email protected].

This page (NASDAQ:MRSN) was last updated on 6/29/2022 by MarketBeat.com Staff

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