NASDAQ:MRTXMirati Therapeutics Stock Price, Forecast & News

Mirati Therapeutics' stock was trading at $77.37 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MRTX shares have increased by 28.2% and is now trading at $99.19. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mirati Therapeutics in the last year. There are currently 4 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mirati Therapeutics.

Mirati Therapeutics is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Mirati Therapeutics.

Mirati Therapeutics Inc (NASDAQ:MRTX) announced its quarterly earnings results on Thursday, May, 7th. The biotechnology company reported ($2.02) earnings per share for the quarter, missing the consensus estimate of ($1.66) by $0.36. The biotechnology company earned $0.27 million during the quarter, compared to the consensus estimate of $0.29 million. Mirati Therapeutics had a negative net margin of 10,983.84% and a negative return on equity of 53.25%. The firm's quarterly revenue was down 78.5% on a year-over-year basis. View Mirati Therapeutics' earnings history.

17 analysts have issued 1 year target prices for Mirati Therapeutics' shares. Their forecasts range from $83.00 to $151.00. On average, they expect Mirati Therapeutics' stock price to reach $113.56 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View analysts' price targets for Mirati Therapeutics.

Headlines about MRTX stock have been trending very negative recently, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. 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. Mirati Therapeutics earned a coverage optimism score of -3.5 on InfoTrie's scale. They also gave news headlines about the biotechnology company a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutMirati Therapeutics.

Some companies that are related to Mirati Therapeutics include UCB (UCBJF), Alnylam Pharmaceuticals (ALNY), Merck KGaA (MKGAF), Teva Pharmaceutical Industries (TEVA), GALAPAGOS NV/S (GLPG), GRIFOLS S A/S (GRFS), Beigene (BGNE), Sarepta Therapeutics (SRPT), Catalent (CTLT), Horizon Therapeutics (HZNP), Mylan (MYL), Elanco Animal Health (ELAN), Dr.Reddy's Laboratories (RDY), ACADIA Pharmaceuticals (ACAD) and Ionis Pharmaceuticals (IONS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mirati Therapeutics investors own include Alibaba Group (BABA), NVIDIA (NVDA), Vertex Pharmaceuticals (VRTX), DexCom (DXCM), Sarepta Therapeutics (SRPT), AbbVie (ABBV), Paypal (PYPL), Skyworks Solutions (SWKS), Advanced Micro Devices (AMD) and Exelixis (EXEL).

Mirati Therapeutics trades on the NASDAQ under the ticker symbol "MRTX."

Mirati Therapeutics' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.84%), Janus Henderson Group PLC (5.38%), Sands Capital Management LLC (5.15%), Wellington Management Group LLP (3.98%), Orbimed Advisors LLC (3.26%) and State Street Corp (2.91%). Company insiders that own Mirati Therapeutics stock include Aaron I Davis, Avoro Capital Advisors Llc, Boxer Capital, Llc, Bruce L A Carter, Charles M Baum, Christopher C Lemasters, Craig A Johnson, Isan Chen, Jamie A Donadio, Jamie Christensen, Michael G Grey and Venbio Select Advisor Llc. View institutional ownership trends for Mirati Therapeutics.

MRTX stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Morgan Stanley, Morgan Stanley, Two Sigma Advisers LP, Pictet Asset Management Ltd., Lord Abbett & CO. LLC, Ghost Tree Capital LLC, and Rafferty Asset Management LLC. Company insiders that have sold Mirati Therapeutics company stock in the last year include Avoro Capital Advisors Llc, Boxer Capital, Llc, Bruce L A Carter, Charles M Baum, Craig A Johnson, Isan Chen, and Michael G Grey. View insider buying and selling activity for Mirati Therapeutics.

MRTX stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Sands Capital Management LLC, Janus Henderson Group PLC, BlackRock Inc., Orbimed Advisors LLC, Geode Capital Management LLC, Nuveen Asset Management LLC, and Castleark Management LLC. Company insiders that have bought Mirati Therapeutics stock in the last two years include Boxer Capital, Llc, and Venbio Select Advisor Llc. View insider buying and selling activity for Mirati Therapeutics.

Shares of MRTX 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.

One share of MRTX stock can currently be purchased for approximately $99.19.

Mirati Therapeutics has a market capitalization of $4.33 billion and generates $3.34 million in revenue each year. The biotechnology company earns $-213,260,000.00 in net income (profit) each year or ($5.69) on an earnings per share basis. Mirati Therapeutics employs 63 workers across the globe.

The official website for Mirati Therapeutics is www.mirati.com.

Mirati Therapeutics' mailing address is 9393 TOWNE CENTRE DRIVE SUITE 200, SAN DIEGO CA, 92121. The biotechnology company can be reached via phone at 858-332-3410 or via email at [email protected]