NASDAQ:MYOK - Myokardia Stock Price, News, & Analysis

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$49.99 +0.60 (+1.21 %)
(As of 05/22/2019 01:09 AM ET)
Previous Close$49.39
Today's Range$49.29 - $50.7013
52-Week Range$39.01 - $67.79
Volume442,068 shs
Average Volume559,025 shs
Market Capitalization$2.30 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.32
MyoKardia, Inc., a clinical stage biopharmaceutical company, discovers, develops, and commercializes targeted therapies for the treatment of serious and neglected rare cardiovascular diseases. Its lead product candidate is mavacamten, an orally administered small molecule, which is in Phase III clinical trial that is designed to reduce left ventricular contractility to alleviate the functional consequences and symptoms of obstructive hypertrophic cardiomyopathy (HCM) and prevent or reverse HCM progression, as well as in Phase II clinical trial for non-obstructive HCM. The company also develops MYK-491, an orally-administered small molecule, which is in Phase IIa clinical trial that is designed to restore normal cardiac muscle contractility in the diseased dilated cardiomyopathy (DCM) heart. Its preclinical programs include MYK-224, a HCM-targeting candidate that is designed to reduce excess cardiac contractility and enhance diastolic function; LUS-1, which is used to counteract a muscle abnormality that results in impaired relaxation of the left ventricle; and ACT-1 targeting genetic DCM due to sarcomeric mutations and impaired calcium regulation. The company has a collaboration with 23andMe, Inc., a consumer genetics and research company. Myokardia, Inc. was founded in 2012 and is headquartered in South San Francisco, California.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:MYOK
CUSIPN/A
Phone650-741-0900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$33.56 million
Book Value$13.28 per share

Profitability

Net Income$-67,700,000.00
Net Margins-201.81%

Miscellaneous

Employees165
Market Cap$2.30 billion
Next Earnings Date8/14/2019 (Estimated)
OptionableOptionable

Myokardia (NASDAQ:MYOK) Frequently Asked Questions

What is Myokardia's stock symbol?

Myokardia trades on the NASDAQ under the ticker symbol "MYOK."

How were Myokardia's earnings last quarter?

Myokardia Inc (NASDAQ:MYOK) posted its quarterly earnings results on Thursday, May, 9th. The biotechnology company reported ($0.93) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.65) by $0.28. Myokardia had a negative return on equity of 19.98% and a negative net margin of 201.81%. View Myokardia's Earnings History.

When is Myokardia's next earnings date?

Myokardia is scheduled to release their next quarterly earnings announcement on Wednesday, August 14th 2019. View Earnings Estimates for Myokardia.

What price target have analysts set for MYOK?

9 Wall Street analysts have issued 12 month target prices for Myokardia's shares. Their forecasts range from $70.00 to $90.00. On average, they expect Myokardia's stock price to reach $77.6667 in the next year. This suggests a possible upside of 55.4% from the stock's current price. View Analyst Price Targets for Myokardia.

What is the consensus analysts' recommendation for Myokardia?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Myokardia in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Myokardia.

What are Wall Street analysts saying about Myokardia stock?

Here are some recent quotes from research analysts about Myokardia stock:
  • 1. According to Zacks Investment Research, "MyoKardia, Inc. is a biopharmaceutical company. The company focuses on discovering, developing, and commercializing therapies for the treatment of serious and neglected rare cardiovascular diseases. Its product candidate consists of MYK-461, a small molecule to reduce excessive cardiac muscle contractility leading to hypertrophic cardiomyopathy, DCM-1, treats heritable dilated cardiomyopathy by restoring normal contractility in the diseased DCM heart, HCM-2, a product candidate to reduce cardiac muscle contractility to normal levels in HCM patients and LUS-1, which is intended to counteract a muscle disruption that results in impaired relaxation of the heart, which are in different clinical trial. MyoKardia, Inc. is headquartered in San Francisco, California. " (5/15/2019)
  • 2. Cantor Fitzgerald analysts commented, ": 12-month price target of $90. MYOK reported earnings this evening and an increased cash balance of ~ $630M after raising capital in 1Q19. We think that the company is well-capitalized to take advantage of its research discovery platform. One key update today was that the MAVERICK study (non-obstructive) has completed enrollment. We expect that this study will be an important catalyst for the company in 4Q19; we still think that current share levels do not reflect credit for non-obstructive. We still see additional pipeline catalysts beyond mavacamten in obstructive in 2H 2019 that keep us very positive on shares at the current level." (5/9/2019)

Has Myokardia been receiving favorable news coverage?

Headlines about MYOK stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Myokardia earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave press coverage about the biotechnology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Myokardia's key competitors?

What other stocks do shareholders of Myokardia own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Myokardia investors own include CA (CA), BlackRock (BLK), Exelixis (EXEL), Micron Technology (MU), Kratos Defense & Security Solutions (KTOS), NVIDIA (NVDA), Gilead Sciences (GILD), CVS Health (CVS), Amgen (AMGN) and Endologix (ELGX).

Who are Myokardia's key executives?

Myokardia's management team includes the folowing people:
  • Mr. Tassos Anastasios Gianakakos, Pres, CEO & Director (Age 46)
  • Dr. Robert S. McDowell, Chief Scientific Officer (Age 61)
  • Dr. June Lee, Exec. VP & Chief Devel. Officer (Age 53)
  • Dr. Charles J. Homcy, Advisor (Age 71)
  • Dr. Eric J. Topol, Advisor (Age 65)

Who are Myokardia's major shareholders?

Myokardia's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (14.73%), BlackRock Inc. (6.59%), Wellington Management Group LLP (5.43%), Perceptive Advisors LLC (2.15%), Perceptive Advisors LLC (2.15%) and Marshall Wace LLP (0.99%). Company insiders that own Myokardia stock include Anastasios Gianakakos, Jake Bauer, Joseph Lambing, June Lee, Kevin P Starr, Marc Semigran, Rock Ventures Ii LP Third, Sanofi, Taylor C Harris and Wendy L Yarno. View Institutional Ownership Trends for Myokardia.

Which institutional investors are selling Myokardia stock?

MYOK stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Wellington Management Group LLP, Man Group plc, Perceptive Advisors LLC, Perceptive Advisors LLC, Morgan Stanley, SG Americas Securities LLC and Fernwood Investment Management LLC. Company insiders that have sold Myokardia company stock in the last year include Anastasios Gianakakos, Jake Bauer, June Lee, Marc Semigran, Sanofi and Taylor C Harris. View Insider Buying and Selling for Myokardia.

Which institutional investors are buying Myokardia stock?

MYOK stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Marshall Wace LLP, Marshall Wace North America L.P., Loomis Sayles & Co. L P, Goldman Sachs Group Inc., BlackRock Inc., Spark Investment Management LLC and Renaissance Technologies LLC. Company insiders that have bought Myokardia stock in the last two years include Anastasios Gianakakos, Sanofi and Wendy L Yarno. View Insider Buying and Selling for Myokardia.

How do I buy shares of Myokardia?

Shares of MYOK 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 Myokardia's stock price today?

One share of MYOK stock can currently be purchased for approximately $49.99.

How big of a company is Myokardia?

Myokardia has a market capitalization of $2.30 billion and generates $33.56 million in revenue each year. The biotechnology company earns $-67,700,000.00 in net income (profit) each year or ($1.76) on an earnings per share basis. Myokardia employs 165 workers across the globe.

What is Myokardia's official website?

The official website for Myokardia is http://www.myokardia.com/.

How can I contact Myokardia?

Myokardia's mailing address is 333 ALLERTON AVENUE, SOUTH SAN FRANCISCO CA, 94080. The biotechnology company can be reached via phone at 650-741-0900 or via email at [email protected]


MarketBeat Community Rating for Myokardia (NASDAQ MYOK)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  217 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  425
MarketBeat's community ratings are surveys of what our community members think about Myokardia and other stocks. Vote "Outperform" if you believe MYOK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MYOK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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