NASDAQ:MTEM - Molecular Templates Stock Price, News, & Analysis

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$4.34 -0.19 (-4.19 %)
(As of 12/18/2018 12:06 PM ET)
Previous Close$4.53
Today's Range$4.34 - $4.64
52-Week Range$3.87 - $13.25
Volume1,107 shs
Average Volume101,149 shs
Market Capitalization$166.42 million
P/E Ratio-2.05
Dividend YieldN/A
Beta3.09
Molecular Templates, Inc., a clinical stage biopharmaceutical company, focuses on the discovery and development of biologic therapeutics for the treatment of cancer and other diseases. The company primarily develops a pipeline of engineered toxin bodies. Its lead drug candidate is MT-3724 that is in a Phase I clinical trial for the treatment of relapsed/refractory non-Hodgkin's lymphoma and B-cell lymphoma. The company also develops MT-4019, a preclinical drug candidate targeting CD38; and other candidates that are in pre-clinical development for the treatment of solid and hematological cancers. It has an agreement with Takeda Pharmaceutical Company Limited to develop CD38-targeted engineered toxin bodies for the treatment of patients with diseases, such as multiple myeloma. Molecular Templates, Inc. is headquartered in Austin, Texas.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:MTEM
Previous Symbol
CUSIP88580720
Phone512-869-1555

Debt

Debt-to-Equity Ratio0.03
Current Ratio2.80
Quick Ratio2.80

Price-To-Earnings

Trailing P/E Ratio-2.05
Forward P/E Ratio-5.56
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.39 million
Price / Sales46.73
Cash FlowN/A
Price / Cash FlowN/A
Book Value$2.87 per share
Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)($2.11)
Net Income$-23,140,000.00
Net Margins-118.65%
Return on Equity-14.12%
Return on Assets-10.93%

Miscellaneous

Employees38
Outstanding Shares36,500,000
Market Cap$166.42 million
OptionableNot Optionable

Molecular Templates (NASDAQ:MTEM) Frequently Asked Questions

What is Molecular Templates' stock symbol?

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

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

Shares of Molecular Templates 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 market closes 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.

How were Molecular Templates' earnings last quarter?

Molecular Templates Inc (NASDAQ:MTEM) posted its earnings results on Thursday, November, 15th. The biotechnology company reported ($0.19) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.34) by $0.15. The biotechnology company had revenue of $6.75 million for the quarter. Molecular Templates had a negative net margin of 118.65% and a negative return on equity of 14.12%. View Molecular Templates' Earnings History.

When is Molecular Templates' next earnings date?

Molecular Templates is scheduled to release their next quarterly earnings announcement on Wednesday, March 27th 2019. View Earnings Estimates for Molecular Templates.

What price target have analysts set for MTEM?

6 brokerages have issued 12-month price objectives for Molecular Templates' shares. Their forecasts range from $15.00 to $18.00. On average, they expect Molecular Templates' share price to reach $15.75 in the next twelve months. This suggests a possible upside of 262.9% from the stock's current price. View Analyst Price Targets for Molecular Templates.

What is the consensus analysts' recommendation for Molecular Templates?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molecular Templates in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Molecular Templates.

What are Wall Street analysts saying about Molecular Templates stock?

Here are some recent quotes from research analysts about Molecular Templates stock:
  • 1. LADENBURG THALM/SH SH analysts commented, "Initiating coverage with Outperform rating and $15 PT. We believe Bodies (ETB) platform offers a differentiated MOA based on forced internalization of antibody fragments directly to ribosomes through the Shiga-Like toxin A mechanism of action resulting in disruption of protein synthesis and direct cell-kill. We expect this novel MOA to offer clinical advantages in: 1) monotherapy in refractory setting when receptor expression is maintained despite resistance to prior treatments targeting the receptor (i.e., 2) combination therapy for frontline as a more potent substitute for a antibody therapeutics, and 3) novel targets not amenable to antibodies due to challenges to internalization. We anticipate ETBs will be attractive to pharma and expect partnerships to contribute to 2019-20 news flow." (12/10/2018)
  • 2. According to Zacks Investment Research, "Molecular Templates Inc. is focused on the discovery, development and commercialization of next-generation immunotoxins called Engineered Toxin Bodies for the treatment of cancers and other serious diseases. Molecular Templates Inc., formerly known as Threshold Pharmaceuticals Inc., is headquartered in Austin, United States. " (10/9/2018)

Has Molecular Templates been receiving favorable news coverage?

Media coverage about MTEM stock has trended somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Molecular Templates earned a news impact score of 2.0 on InfoTrie's scale. They also assigned news articles about the biotechnology company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the stock's share price in the near term.

Who are some of Molecular Templates' key competitors?

Who are Molecular Templates' key executives?

Molecular Templates' management team includes the folowing people:
  • Dr. Eric E. Poma Ph.D., CEO, Chief Scientific Officer & Director (Age 46)
  • Ms. Jason S Kim, Pres & COO (Age 43)
  • Mr. Adam D. Cutler B.A., Chief Financial Officer (Age 44)
  • Dr. Barbara A. Ruskin Ph.D., J.D., Sr. VP, Gen. Counsel & Chief Patent Officer
  • Mr. Kurt Elster, Exec. VP of Corp. Devel. (Age 51)

Who are Molecular Templates' major shareholders?

Molecular Templates' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Perceptive Advisors LLC (5.60%), Gilder Gagnon Howe & Co. LLC (2.86%), AXA (1.70%), Vanguard Group Inc. (1.25%), Vanguard Group Inc (1.25%) and Sphera Funds Management LTD. (1.13%). Company insiders that own Molecular Templates stock include David Hirsch, Jeffrey W Bird and Scott D Morenstein. View Institutional Ownership Trends for Molecular Templates.

Which major investors are selling Molecular Templates stock?

MTEM stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and Nexthera Capital LP. View Insider Buying and Selling for Molecular Templates.

Which major investors are buying Molecular Templates stock?

MTEM stock was bought by a variety of institutional investors in the last quarter, including Perceptive Advisors LLC, Gilder Gagnon Howe & Co. LLC, AXA, Sphera Funds Management LTD., Stonepine Capital Management LLC, Monashee Investment Management LLC, Baker BROS. Advisors LP and JPMorgan Chase & Co.. Company insiders that have bought Molecular Templates stock in the last two years include David Hirsch, Jeffrey W Bird and Scott D Morenstein. View Insider Buying and Selling for Molecular Templates.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Molecular Templates' stock price today?

One share of MTEM stock can currently be purchased for approximately $4.34.

How big of a company is Molecular Templates?

Molecular Templates has a market capitalization of $166.42 million and generates $3.39 million in revenue each year. The biotechnology company earns $-23,140,000.00 in net income (profit) each year or ($2.11) on an earnings per share basis. Molecular Templates employs 38 workers across the globe.

What is Molecular Templates' official website?

The official website for Molecular Templates is http://www.mtem.com.

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]


MarketBeat Community Rating for Molecular Templates (NASDAQ MTEM)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  201 (Vote Underperform)
Total Votes:  431
MarketBeat's community ratings are surveys of what our community members think about Molecular Templates and other stocks. Vote "Outperform" if you believe MTEM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTEM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/18/2018 by MarketBeat.com Staff

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