Molecular Templates Stock Forecast, Price & News

Molecular Templates (NASDAQ:MTEM) Frequently Asked Questions

Is Molecular Templates a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Molecular Templates in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Molecular Templates stock.
View analyst ratings for Molecular Templates or view top-rated stocks.

What stocks does MarketBeat like better than Molecular Templates?

Wall Street analysts have given Molecular Templates a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Molecular Templates wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Molecular Templates?

Molecular Templates saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 676,900 shares, a decrease of 49.1% from the September 30th total of 1,330,000 shares. Based on an average daily volume of 275,800 shares, the short-interest ratio is presently 2.5 days. Approximately 1.6% of the shares of the stock are short sold.
View Molecular Templates' Short Interest.

When is Molecular Templates' next earnings date?

Molecular Templates is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Molecular Templates.

How were Molecular Templates' earnings last quarter?

Molecular Templates, Inc. (NASDAQ:MTEM) issued its quarterly earnings results on Thursday, August, 12th. The biotechnology company reported ($0.28) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.30) by $0.02. The biotechnology company earned $15.13 million during the quarter, compared to analyst estimates of $30.67 million. Molecular Templates had a negative net margin of 359.67% and a negative trailing twelve-month return on equity of 105.16%.
View Molecular Templates' earnings history.

How has Molecular Templates' stock been impacted by COVID-19?

Molecular Templates' stock was trading at $13.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MTEM stock has decreased by 59.5% and is now trading at $5.35.
View which stocks have been most impacted by COVID-19.

When did Molecular Templates' stock split? How did Molecular Templates' stock split work?

Molecular Templates shares reverse split on Wednesday, August 2nd 2017. The 1-11 reverse split was announced on Tuesday, August 1st 2017. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, August 1st 2017. An investor that had 100 shares of Molecular Templates stock prior to the reverse split would have 9 shares after the split.

What price target have analysts set for MTEM?

3 Wall Street analysts have issued 12 month price targets for Molecular Templates' shares. Their forecasts range from $12.00 to $20.00. On average, they expect Molecular Templates' stock price to reach $14.50 in the next year. This suggests a possible upside of 171.0% from the stock's current price.
View analysts' price targets for Molecular Templates or view top-rated stocks among Wall Street analysts.

Who are Molecular Templates' key executives?

Molecular Templates' management team includes the following people:

• Eric E. Poma, CEO, Director & Chief Scientific Officer
• Jason S. Kim, President & Chief Operating Officer (LinkedIn Profile)
• Sean McLennan, CFO, CAO, Senior VP-Finance & Controller
• Roger J. Waltzman, Chief Medical Officer
• Megan Filoon, Corporate Counsel

Who are some of Molecular Templates' key competitors?

Some companies that are related to Molecular Templates include Amgen (AMGN), Gilead Sciences (GILD), Regeneron Pharmaceuticals (REGN), Vertex Pharmaceuticals (VRTX), Biogen (BIIB), Seagen (SGEN), Alnylam Pharmaceuticals (ALNY), Exact Sciences (EXAS), Repligen (RGEN), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Novavax (NVAX), Neurocrine Biosciences (NBIX), United Therapeutics (UTHR) and Exelixis (EXEL).
View all of MTEM's competitors.

What other stocks do shareholders of Molecular Templates own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Molecular Templates investors own include ZIOPHARM Oncology (ZIOP), Novavax (NVAX), Gilead Sciences (GILD), TG Therapeutics (TGTX), CEL-SCI (CVM), Pfizer (PFE), Synergy Pharmaceuticals (SGYP), Amarin (AMRN), Corbus Pharmaceuticals (CRBP) and Exelixis (EXEL).

What is Molecular Templates' stock symbol?

Molecular Templates trades on the NASDAQ under the ticker symbol "MTEM."

How do I buy shares of Molecular Templates?

Shares of MTEM 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.
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What is Molecular Templates' stock price today?

One share of MTEM stock can currently be purchased for approximately $5.35.

How much money does Molecular Templates make?

Molecular Templates has a market capitalization of $300.36 million and generates $18.84 million in revenue each year. The biotechnology company earns $-104.92 million in net income (profit) each year or ($2.13) on an earnings per share basis.

How many employees does Molecular Templates have?

Molecular Templates employs 239 workers across the globe.

When was Molecular Templates founded?

Molecular Templates was founded in 2009.

What is Molecular Templates' official website?

The official website for Molecular Templates is www.mtem.com.

Where are Molecular Templates' headquarters?

Molecular Templates is headquartered at 9301 AMBERGLEN BLVD. SUITE 100, AUSTIN TX, 78729.

How can I contact Molecular Templates?

Molecular Templates' mailing address is 9301 AMBERGLEN BLVD. SUITE 100, AUSTIN TX, 78729. The biotechnology company can be reached via phone at (512) 869-1555 or via email at [email protected].