NASDAQ:MRTXMirati Therapeutics Stock Price, Forecast & News Adding Choose a 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. Log In and Add $128.88 -0.68 (-0.52 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$127.99Now: $128.88▼$137.2950-Day Range$108.86MA: $118.56▼$129.5652-Week Range$66.01Now: $128.88▼$137.29Volume387,307 shsAverage Volume318,494 shsMarket Capitalization$5.62 billionP/E RatioN/ADividend YieldN/ABeta1.78 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Mirati Therapeutics, Inc., a clinical-stage oncology company, develops product candidates to address the genetic and immunological promoters of cancer in the United States. The company is involved in developing sitravatinib, a spectrum-selective kinase inhibitor, which is in Phase II clinical for the treatment of non-small cell lung cancer (NCSLC); and in Phase Ib clinical trial to treat NCSLC patients with Casitas B-lineage Lymphoma genetic alterations, as well as KRAS G12C inhibitor program for NSCLC adenocarcinoma patients, colorectal cancer patients, and other cancers. It also develops mocetinostat, an orally investigational selective Class I and IV histone deacetylase inhibitor that has completed Phase II clinical trial in combination with durvalumab for the treatment of patients with NSCLC. The company has a collaboration and license agreement with BeiGene, Ltd. to develop, manufacture, and commercialize sitravatinib. Mirati Therapeutics, Inc. was founded in 1995 and is headquartered in San Diego, California.Read More Beat the Market (BTM) Rank™ 1.4 Analyst's Opinion Consensus RatingMirati Therapeutics has received a consensus rating of Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $117.75, Mirati Therapeutics has a potential downside of 8.6% from its current price of $128.88.Amount of Analyst CoverageMirati Therapeutics has only been the subject of 2 research reports in the past 90 days. Previous Next 2.9 Community Rank Outperform VotesMirati Therapeutics has received 393 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMirati Therapeutics has received 290 “underperform” votes. (Add your “underperform” vote.)Community SentimentMirati Therapeutics has received 57.54% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Mirati Therapeutics and other stocks. Vote “Outperform” if you believe MRTX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MRTX will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 0.0 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 $44,900,070.00 in company stock.Percentage Held by InsidersOnly 4.10% 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 decrease in the coming year, from ($8.70) to ($8.72) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mirati Therapeutics is -18.10, 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 -18.10, 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 13.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.86 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Pharmaceutical preparations Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:MRTX Previous Symbol CUSIPN/A CIK1576263 Webwww.mirati.com Phone858-332-3410Debt Debt-to-Equity RatioN/A Current Ratio12.57 Quick Ratio12.58Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$3.34 million Price / Sales1,683.93 Cash FlowN/A Price / Cash FlowN/A Book Value$9.67 per share Price / Book13.33Profitability EPS (Most Recent Fiscal Year)($5.69) Net Income$-213,260,000.00 Net Margins-10,983.84% Return on Equity-53.25% Return on Assets-48.92%Miscellaneous Employees63 Outstanding Shares43,640,000Market Cap$5.62 billion Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $128.88 -0.68 (-0.52 %) (As of 08/7/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MRTX News and Ratings via Email Sign-up to receive the latest news and ratings for MRTX and its competitors with MarketBeat's FREE daily newsletter. Mirati Therapeutics (NASDAQ:MRTX) Frequently Asked Questions How has Mirati Therapeutics' stock been impacted by COVID-19 (Coronavirus)? Mirati Therapeutics' stock was trading at $77.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MRTX stock has increased by 66.6% and is now trading at $128.88. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Mirati Therapeutics? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mirati Therapeutics in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mirati Therapeutics. When is Mirati Therapeutics' next earnings date? Mirati Therapeutics is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for Mirati Therapeutics. How were Mirati Therapeutics' earnings last quarter? Mirati Therapeutics Inc (NASDAQ:MRTX) announced its 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 company's revenue was down 78.5% compared to the same quarter last year. View Mirati Therapeutics' earnings history. What price target have analysts set for MRTX? 13 brokerages have issued 1 year target prices for Mirati Therapeutics' shares. Their forecasts range from $83.00 to $151.00. On average, they anticipate Mirati Therapeutics' share price to reach $117.75 in the next twelve months. This suggests that the stock has a possible downside of 8.6%. View analysts' price targets for Mirati Therapeutics. Has Mirati Therapeutics been receiving favorable news coverage? Press coverage about MRTX stock has been trending extremely negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mirati Therapeutics earned a daily sentiment score of -4.8 on InfoTrie's scale. They also gave news coverage about the biotechnology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Mirati Therapeutics. Who are some of Mirati Therapeutics' key competitors? Some companies that are related to Mirati Therapeutics include BioMarin Pharmaceutical (BMRN), Shiseido (SSDOY), Beigene (BGNE), Merck KGaA (MKGAF), Alnylam Pharmaceuticals (ALNY), Horizon Therapeutics (HZNP), Catalent (CTLT), Teva Pharmaceutical Industries (TEVA), GRIFOLS S A/S (GRFS), Sarepta Therapeutics (SRPT), GALAPAGOS NV/S (GLPG), Dr.Reddy's Laboratories (RDY), Elanco Animal Health (ELAN), Ono Pharmaceutical (OPHLF) and Mylan (MYL). View all competitors. 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 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). Who are Mirati Therapeutics' key executives? Mirati Therapeutics' management team includes the following people: Dr. Charles M. Baum, Pres, CEO & Director (Age 61)Dr. James Christensen, Chief Scientific Officer & Exec. VP (Age 51)Dr. Isan Chen, Exec. VP and Chief Medical & Devel. Officer (Age 57)Mr. Jamie A. Donadio, Sr. VP & CFO (Age 44)Temre Johnson, Director of Investor Relations & Corp. Communications 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 many different retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (1.16%), Victory Capital Management Inc. (0.83%), Emerald Advisers LLC (0.43%), Emerald Mutual Fund Advisers Trust (0.39%), Candriam Luxembourg S.C.A. (0.25%) and Assenagon Asset Management S.A. (0.23%). 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, Ltd Braslyn, Michael G Grey and Venbio Select Advisor Llc. View institutional ownership trends for Mirati Therapeutics. Which institutional investors are selling Mirati Therapeutics stock? MRTX stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Victory Capital Management Inc., Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Rhenman & Partners Asset Management AB, PNC Financial Services Group Inc., Alps Advisors Inc., and Russell Investments Group Ltd.. Company insiders that have sold Mirati Therapeutics company stock in the last year include Bruce L A Carter, Charles M Baum, Craig A Johnson, Isan Chen, Ltd Braslyn, and Michael G Grey. View insider buying and selling activity for Mirati Therapeutics. Which institutional investors are buying Mirati Therapeutics stock? MRTX stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Edmond DE Rothschild Holding S.A., Columbus Circle Investors, Mutual of America Capital Management LLC, SG Americas Securities LLC, Swiss National Bank, Candriam Luxembourg S.C.A., and UBS Group AG. View insider buying and selling activity for Mirati Therapeutics. How do I buy shares of 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. What is Mirati Therapeutics' stock price today? One share of MRTX stock can currently be purchased for approximately $128.88. How big of a company is Mirati Therapeutics? Mirati Therapeutics has a market capitalization of $5.62 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. What is Mirati Therapeutics' official website? The official website for Mirati Therapeutics is www.mirati.com. How can I contact Mirati Therapeutics? 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] This page was last updated on 8/9/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
