Most-Downgraded Stocks NASDAQ:MRTX Mirati Therapeutics - MRTX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Mirati Therapeutics, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $51.42 -1.15 (-2.19%) (As of 02/6/2023 12:00 AM ET) Add Compare Share Share Today's Range$50.92▼$53.2550-Day Range$39.81▼$96.2552-Week Range$32.96▼$124.81Volume708,473 shsAverage Volume1.33 million shsMarket Capitalization$2.96 billionP/E RatioN/ADividend YieldN/APrice Target$81.47 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Mirati Therapeutics MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside58.4% Upside$81.47 Price TargetShort InterestBearish18.46% of Shares Sold ShortDividend StrengthN/ASustainability-0.68Upright™ Environmental ScoreNews Sentiment0.72Based on 4 Articles This WeekInsider TradingSelling Shares$8.47 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.19 out of 5 starsMedical Sector442nd out of 1,027 stocksPharmaceutical Preparations Industry215th out of 500 stocks 4.3 Analyst's Opinion Consensus RatingMirati Therapeutics has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $81.47, Mirati Therapeutics has a forecasted upside of 58.4% from its current price of $51.42.Amount of Analyst CoverageMirati Therapeutics has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted18.46% of the outstanding shares of Mirati Therapeutics have been sold short.Short Interest Ratio / Days to CoverMirati Therapeutics has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Mirati Therapeutics has recently increased by 0.95%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldMirati Therapeutics does not currently pay a dividend.Dividend GrowthMirati Therapeutics does not have a long track record of dividend growth. Previous Next 4.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMirati Therapeutics has received a 74.62% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is driven by its "Clinical research services for cancer", "Basic medical research services", and "Preclinical research services for physical health" products. See details.Environmental SustainabilityThe Environmental Impact score for Mirati Therapeutics is -0.68. Previous Next 2.6 News and Social Media Coverage News SentimentMirati Therapeutics has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Mirati Therapeutics this week, compared to 2 articles on an average week.Search InterestOnly 6 people have searched for MRTX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Mirati Therapeutics to their MarketBeat watchlist in the last 30 days. This is a decrease of -54% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mirati Therapeutics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,465,677.00 in company stock.Percentage Held by InsidersOnly 3.47% of the stock of Mirati Therapeutics is held by insiders. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Mirati Therapeutics are expected to remain at ($13.50) per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mirati Therapeutics is -3.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Mirati Therapeutics is -3.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMirati Therapeutics has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Mirati Therapeutics (NASDAQ:MRTX) StockMirati Therapeutics, Inc. operates as a clinical-stage oncology company. engages in the development of novel therapeutics. The firm's products target the genetic and immunological promoters of cancer. Its clinical pipeline consists of Adagrasib, MRTX1133, and Sitravatinib. The company was founded on December 13, 1995, and is headquartered in San Diego, CA.Read More Receive MRTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mirati Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address MRTX Stock News HeadlinesFebruary 3, 2023 | americanbankingnews.comMirati Therapeutics (NASDAQ:MRTX) Stock Price Down 4.1%January 31, 2023 | americanbankingnews.comMorgan Stanley Trims Mirati Therapeutics (NASDAQ:MRTX) Target Price to $50.00February 6, 2023 | Investing Trends (Ad)New "Vertical" Technology Solves Solar Power's Major FlawEven conservationists hate conventional solar farms. That's because they take up too much land and can degrade the environment. And let's face it, land is expensive...Fortunately, new groundbreaking tower technology solves solar's #1 drawback. These unique vertical structures not only take up to 90% less land space, but also generate extra electric power.January 28, 2023 | americanbankingnews.comBrokerages Set Mirati Therapeutics, Inc. (NASDAQ:MRTX) PT at $82.13January 27, 2023 | americanbankingnews.comB. Riley Comments on Mirati Therapeutics, Inc.'s Q1 2023 Earnings (NASDAQ:MRTX)January 19, 2023 | finance.yahoo.comMirati Announces IND Clearance by U.S. FDA Enabling Phase 1 Initiation for First-in-Class Oral KRASG12D Selective Inhibitor, MRTX1133January 19, 2023 | finance.yahoo.comWe're Keeping An Eye On Mirati Therapeutics' (NASDAQ:MRTX) Cash Burn RateJanuary 6, 2023 | benzinga.comKaskela Law LLC Announces Investigation of Mirati Therapeutics, Inc. (MRTX) and Encourages Long-Term MRTX Investors to Contact the FirmFebruary 6, 2023 | Investing Trends (Ad)New "Vertical" Technology Solves Solar Power's Major FlawEven conservationists hate conventional solar farms. That's because they take up too much land and can degrade the environment. And let's face it, land is expensive...Fortunately, new groundbreaking tower technology solves solar's #1 drawback. These unique vertical structures not only take up to 90% less land space, but also generate extra electric power.December 22, 2022 | finance.yahoo.comMirati Therapeutics to Present at the 41st Annual J.P. Morgan Healthcare ConferenceDecember 22, 2022 | msn.comMirati's (MRTX) Krazati Gets Breakthrough Therapy Tag for CRCDecember 14, 2022 | msn.comMirati draws Hold rating at Needham despite recent selloffDecember 13, 2022 | baystreet.caMirati Drops on Acceptance of Cancer DrugDecember 13, 2022 | finance.yahoo.comMirati (MRTX) Up on FDA Nod to Adagrasib for KRAS Mutated NSCLCDecember 9, 2022 | benzinga.comWhy Mirati Therapeutics Shares Are NosedivingDecember 9, 2022 | finance.yahoo.comThese Analysts Think Mirati Therapeutics, Inc.'s (NASDAQ:MRTX) Sales Are Under ThreatDecember 8, 2022 | benzinga.comWhy Mirati Therapeutics Shares Are Getting Hammered Again TodayDecember 7, 2022 | finance.yahoo.comWhy Shares of Mirati Therapeutics Fell WednesdayDecember 7, 2022 | benzinga.comWhy Mirati Therapeutics Stock Is Trading Sharply Lower TodayDecember 7, 2022 | markets.businessinsider.comSVB Securities Reaffirms Their Buy Rating on Mirati Therapeutics (MRTX)December 6, 2022 | finance.yahoo.comMirati Experimental Lung Cancer Drug Shows Favorable Tolerability, Promising EfficacyDecember 6, 2022 | finance.yahoo.comWhy Shares of Mirati Therapeutics Fell TuesdayDecember 6, 2022 | finance.yahoo.comMirati Therapeutics Crashes As The Cancer Rivalry With Amgen Heats UpDecember 6, 2022 | barrons.comPremarket Movers: GitLab Cl A, Mirati Therapeutics, TextronDecember 2, 2022 | finance.yahoo.comMirati Therapeutics Announces Update for the Phase 3 SAPPHIRE StudyNovember 29, 2022 | seekingalpha.comMirati Therapeutics: Poised For TakeoffNovember 28, 2022 | finance.yahoo.comMirati Therapeutics to Present Late-Breaking Combination Results and Host Virtual Investor Relations Event at ESMO IOSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MRTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mirati Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address MRTX Company Calendar Last Earnings11/08/2022Today2/06/2023Next Earnings (Estimated)2/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Pharmaceutical preparations Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:MRTX CUSIPN/A CIK1576263 Webwww.mirati.com Phone(858) 332-3410FaxN/AEmployees413Year FoundedN/APrice Target and Rating Average Stock Price Forecast$81.47 High Stock Price Forecast$188.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+58.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)($13.39) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-581,780,000.00 Net Margins-6,253.81% Pretax Margin-6,251.66% Return on Equity-60.40% Return on Assets-52.78% Debt Debt-to-Equity RatioN/A Current Ratio9.65 Quick Ratio9.65 Sales & Book Value Annual Sales$72.09 million Price / Sales41.08 Cash FlowN/A Price / Cash FlowN/A Book Value$25.24 per share Price / Book2.04Miscellaneous Outstanding Shares57,590,000Free Float55,589,000Market Cap$2.96 billion OptionableOptionable Beta1.00 Key ExecutivesDavid D. MeekChief Executive Officer & DirectorCharles M. BaumPresident, Director & Head-Research & DevelopmentLaurie D. StelzerChief Financial & Accounting OfficerJames G. ChristensenChief Scientific Officer & Executive VPPhilip RobertsSenior Vice President-Technical OperationsKey CompetitorsACADIA PharmaceuticalsNASDAQ:ACADAbCellera BiologicsNASDAQ:ABCLInsmedNASDAQ:INSMUltragenyx PharmaceuticalNASDAQ:RAREGalapagosNASDAQ:GLPGView All CompetitorsInsiders & InstitutionsBrinker Capital Investments LLCBought 5,925 shares on 2/6/2023Ownership: 0.039%Banque Pictet & Cie SASold 5,018 shares on 2/6/2023Ownership: 0.028%Parallel Advisors LLCBought 546 shares on 2/6/2023Ownership: 0.003%Monaco Asset Management SAMSold 7,015 shares on 2/3/2023Ownership: 0.017%Profund Advisors LLCBought 323 shares on 2/2/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions MRTX Stock - Frequently Asked Questions Should I buy or sell Mirati Therapeutics stock right now? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mirati Therapeutics in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MRTX shares. View MRTX analyst ratings or view top-rated stocks. What is Mirati Therapeutics' stock price forecast for 2023? 14 equities research analysts have issued 1-year price objectives for Mirati Therapeutics' stock. Their MRTX share price forecasts range from $50.00 to $188.00. On average, they anticipate the company's share price to reach $81.47 in the next twelve months. This suggests a possible upside of 58.4% from the stock's current price. View analysts price targets for MRTX or view top-rated stocks among Wall Street analysts. How have MRTX shares performed in 2023? Mirati Therapeutics' stock was trading at $45.31 on January 1st, 2023. Since then, MRTX shares have increased by 13.5% and is now trading at $51.42. View the best growth stocks for 2023 here. When is Mirati Therapeutics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023. View our MRTX earnings forecast. How were Mirati Therapeutics' earnings last quarter? Mirati Therapeutics, Inc. (NASDAQ:MRTX) released its quarterly earnings results on Tuesday, November, 8th. The biotechnology company reported ($3.09) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($3.46) by $0.37. The biotechnology company earned $5.43 million during the quarter, compared to analysts' expectations of $4.72 million. Mirati Therapeutics had a negative net margin of 6,253.81% and a negative trailing twelve-month return on equity of 60.40%. What other stocks do shareholders of Mirati Therapeutics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Mirati Therapeutics investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), AbbVie (ABBV), QUALCOMM (QCOM), BioMarin Pharmaceutical (BMRN), Micron Technology (MU), Netflix (NFLX), Block (SQ), Alibaba Group (BABA) and DocuSign (DOCU). What is Mirati Therapeutics' stock symbol? Mirati Therapeutics trades on the NASDAQ under the ticker symbol "MRTX." Who are Mirati Therapeutics' major shareholders? Mirati Therapeutics' stock is owned by a variety of institutional and retail investors. Top institutional investors include National Bank of Canada FI (0.64%), International Biotechnology Trust PLC (0.42%), Allspring Global Investments Holdings LLC (0.41%), New York State Common Retirement Fund (0.40%), Assenagon Asset Management S.A. (0.29%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Benjamin Hickey, Boxer Capital, Llc, Bruce L A Carter, Charles M Baum, Craig A Johnson, Daniel Faga, David D Meek, Henry J Fuchs, Isan Chen, Jamie Christensen, Julie M Cherrington, Julie M Cherrington, Ltd Braslyn, Maria E Martinez and Vickie S Reed. View institutional ownership trends. How do I buy shares of Mirati Therapeutics? Shares of MRTX stock 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 Mirati Therapeutics' stock price today? One share of MRTX stock can currently be purchased for approximately $51.42. How much money does Mirati Therapeutics make? Mirati Therapeutics (NASDAQ:MRTX) has a market capitalization of $2.96 billion and generates $72.09 million in revenue each year. The biotechnology company earns $-581,780,000.00 in net income (profit) each year or ($13.39) on an earnings per share basis. How many employees does Mirati Therapeutics have? The company employs 413 workers across the globe. How can I contact Mirati Therapeutics? Mirati Therapeutics' mailing address is 9393 TOWNE CENTRE DRIVE SUITE 200, SAN DIEGO CA, 92121. The official website for the company is www.mirati.com. The biotechnology company can be reached via phone at (858) 332-3410 or via email at ir@mirati.com. This page (NASDAQ:MRTX) was last updated on 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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