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

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$49.07 +0.99 (+2.06 %)
(As of 04/24/2019 08:31 AM ET)
Previous Close$48.08
Today's Range$47.99 - $49.45
52-Week Range$39.01 - $67.79
Volume285,267 shs
Average Volume579,746 shs
Market Capitalization$1.98 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.48
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$9.20 per share

Profitability

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

Miscellaneous

Employees165
Market Cap$1.98 billion
Next Earnings Date5/14/2019 (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) announced its earnings results on Thursday, February, 28th. The biotechnology company reported ($0.39) EPS for the quarter, beating analysts' consensus estimates of ($0.46) by $0.07. The biotechnology company earned $12.40 million during the quarter, compared to the consensus estimate of $8.57 million. Myokardia had a negative return on equity of 20.00% 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 Tuesday, May 14th 2019. View Earnings Estimates for Myokardia.

What price target have analysts set for MYOK?

9 equities research analysts have issued 1-year target prices for Myokardia's shares. Their predictions range from $70.00 to $90.00. On average, they anticipate Myokardia's stock price to reach $77.2222 in the next year. This suggests a possible upside of 57.4% 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. " (3/5/2019)
  • 2. Cantor Fitzgerald analysts commented, ": Reiterate OW and $90 PT. 6-month open label data on mavacamten continues to look clean around dosing safety. Although a small cohort, these data reinforce our confidence in dosing safety in Ph3 EXPLORER. At current levels, we think that potential mavacamten opportunity remains unappreciated. We estimate 2027 unadjusted US sales of $1.7B, which assumes 45k (obstructive and non-obstructive) patients are treated. From our recent meetings on the road, we think that interest and awareness are rising in the MYOK story. We spoke to the full team post call and highlight our takes below. Open-label mavacamten data in 10 patients at 6 months reinforces our confidence in Ph3 success." (3/4/2019)

Has Myokardia been receiving favorable news coverage?

News headlines about MYOK stock have been trending somewhat negative on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. 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 -1.4 on InfoTrie's scale. They also assigned news coverage about the biotechnology company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future.

Are investors shorting Myokardia?

Myokardia saw a increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,810,713 shares, an increase of 41.8% from the February 28th total of 2,686,735 shares. Based on an average daily volume of 909,118 shares, the short-interest ratio is currently 4.2 days. Approximately 10.1% of the company's stock are short sold. View Myokardia's Current Options Chain.

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), Micron Technology (MU), BlackRock (BLK), Exelixis (EXEL), Kratos Defense & Security Solutions (KTOS), NVIDIA (NVDA), Gilead Sciences (GILD), CVS Health (CVS), Johnson & Johnson (JNJ) and Amgen (AMGN).

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 retail and institutional investors. Top institutional investors include Rhenman & Partners Asset Management AB (0.56%), Strs Ohio (0.04%), Tibra Equities Europe Ltd (0.03%) and Meeder Asset Management Inc. (0.00%). 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 major investors are selling Myokardia stock?

MYOK stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio. 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 major investors are buying Myokardia stock?

MYOK stock was purchased by a variety of institutional investors in the last quarter, including Rhenman & Partners Asset Management AB, Tibra Equities Europe Ltd and Meeder Asset Management Inc.. 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 $49.07.

How big of a company is Myokardia?

Myokardia has a market capitalization of $1.98 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:  2.5 out of 5 (star star half star)
Outperform Votes:  210 (Vote Outperform)
Underperform Votes:  204 (Vote Underperform)
Total Votes:  414
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 4/24/2019 by MarketBeat.com Staff

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