Molecular Templates Stock Forecast, Price & News

Molecular Templates (NASDAQ:MTEM) Frequently Asked Questions

Is Molecular Templates a buy right now?

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

How has Molecular Templates' stock price been impacted by COVID-19 (Coronavirus)?

Molecular Templates' stock was trading at $13.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MTEM shares have decreased by 68.1% and is now trading at $4.22.
View which stocks have been most impacted by COVID-19.

Are investors shorting Molecular Templates?

Molecular Templates saw a decrease in short interest in 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 trading volume, of 275,800 shares, the short-interest ratio is presently 2.5 days. Currently, 1.6% of the company's stock are sold short.
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, March 17th 2022.
View our earnings forecast for Molecular Templates.

How were Molecular Templates' earnings last quarter?

Molecular Templates, Inc. (NASDAQ:MTEM) released its quarterly earnings results on Monday, November, 15th. The biotechnology company reported ($0.54) EPS for the quarter, missing analysts' consensus estimates of ($0.38) by $0.16. Molecular Templates had a negative net margin of 417.71% and a negative trailing twelve-month return on equity of 117.50%.
View Molecular Templates' earnings history.

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

Molecular Templates's stock reverse split before market open 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 brokerages have issued 12-month price targets for Molecular Templates' stock. Their forecasts range from $12.00 to $20.00. On average, they expect Molecular Templates' share price to reach $14.50 in the next twelve months. This suggests a possible upside of 243.6% 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), Novavax (NVAX), BioMarin Pharmaceutical (BMRN), Repligen (RGEN), Incyte (INCY), Exact Sciences (EXAS), United Therapeutics (UTHR), Neurocrine Biosciences (NBIX) 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."

Who are Molecular Templates' major shareholders?

Molecular Templates' stock is owned by many different retail and institutional investors. Top institutional investors include Bellevue Group AG (19.38%), BlackRock Inc. (4.67%), Kingdon Capital Management L.L.C. (1.82%), Geode Capital Management LLC (1.17%), Morgan Stanley (0.72%) and Two Sigma Advisers LP (0.68%). Company insiders that own Molecular Templates stock include Jason S Kim, Kevin M Lalande, Longitude Capital Partners Iii and Target N V Biotech.
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 BlackRock Inc., Geode Capital Management LLC, Dimensional Fund Advisors LP, Russell Investments Group Ltd., New York State Common Retirement Fund, The Manufacturers Life Insurance Company , Millennium Management LLC, and Panagora Asset Management Inc..
View insider buying and selling activity for Molecular Templates or view top insider-selling stocks.

Which major investors are buying Molecular Templates stock?

MTEM stock was purchased by a variety of institutional investors in the last quarter, including Bellevue Group AG, Renaissance Technologies LLC, Two Sigma Investments LP, Ensign Peak Advisors Inc, Morgan Stanley, Two Sigma Advisers LP, Cubist Systematic Strategies LLC, and Goldman Sachs Group Inc..
View insider buying and selling activity for Molecular Templates or or view top insider-buying stocks.

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 $4.22.

How much money does Molecular Templates make?

Molecular Templates has a market capitalization of $237.61 million and generates $18.84 million in revenue each year. The biotechnology company earns $-104.92 million in net income (profit) each year or ($1.90) 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, via email at [email protected], or via fax at 650-474-2529.