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Magenta Therapeutics, Inc.NasdaqCM:MGTA Stock Report

Market Cap US$42.2m
Share Price
n/a
1Y-62.8%
7D-6.0%
1D-7.7%
Portfolio Value
View

Magenta Therapeutics, Inc.

NasdaqCM:MGTA Stock Report

Market Cap: US$42.2m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

Magenta Therapeutics (MGTA) Stock Overview

Magenta Therapeutics, Inc., a biotechnology company focus on improving stem cell transplantation. More details

MGTA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

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Magenta Therapeutics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Magenta Therapeutics
Historical stock prices
Current Share PriceUS$0.70
52 Week HighUS$2.07
52 Week LowUS$0.32
Beta2.11
1 Month Change-13.09%
3 Month Change-0.057%
1 Year Change-62.79%
3 Year Change-91.00%
5 Year Change-94.08%
Change since IPO-95.18%

Recent News & Updates

Recent updates

Analysis Article Dec 10

Is Magenta Therapeutics (NASDAQ:MGTA) In A Good Position To Invest In Growth?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Seeking Alpha Aug 25

Magenta Therapeutics downgraded to neutral at Goldman Sachs on clarity over candidate

Goldman Sachs has downgraded Magenta Therapeutics (NASDAQ:MGTA) from buy to neutral due to a lack of proof-of-concept generating events for one of its lead programs, MGTA-117. The firm kept its $2 price target (~3% upside based on Wednesday's close). Shares are down 7% in Thursday morning trading. MGTA-117, an antibody drug conjugate, is in phase 1 for relapsed/refractory acute myeloid leukemia and myelodysplastic syndromes (MDS). Data is expected in Q4. "Absent greater clarity on the MGTA-117 dose to be pursued in [hematopoietic stem cell transplantation] and a defined clinical trial path in the transplant setting (FDA interactions expected by YE22/early-23), we are moving to the sidelines," analyst Madhu Kumar wrote. Seeking Alpha's Quant Rating views Magenta (MGTA) as a buy with high marks for valuations, momentum and revisions.
Analysis Article Jul 13

Is Magenta Therapeutics (NASDAQ:MGTA) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Apr 12

Here's Why We're Not Too Worried About Magenta Therapeutics' (NASDAQ:MGTA) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Dec 16

Here's Why We're Not Too Worried About Magenta Therapeutics' (NASDAQ:MGTA) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Aug 26

Magenta Therapeutics (NASDAQ:MGTA) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article May 09

We're Not Very Worried About Magenta Therapeutics' (NASDAQ:MGTA) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Mar 17

What Kind Of Shareholders Hold The Majority In Magenta Therapeutics, Inc.'s (NASDAQ:MGTA) Shares?

A look at the shareholders of Magenta Therapeutics, Inc. ( NASDAQ:MGTA ) can tell us which group is most powerful...
Analysis Article Jan 23

Magenta Therapeutics (NASDAQ:MGTA) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Dec 01

What Kind Of Shareholders Hold The Majority In Magenta Therapeutics, Inc.'s (NASDAQ:MGTA) Shares?

A look at the shareholders of Magenta Therapeutics, Inc. (NASDAQ:MGTA) can tell us which group is most powerful. Large...

Shareholder Returns

MGTAUS BiotechsUS Market
7D-6.0%-5.1%0.2%
1Y-62.8%34.4%19.6%

Return vs Industry: MGTA underperformed the US Biotechs industry which returned 3.8% over the past year.

Return vs Market: MGTA underperformed the US Market which returned 7.5% over the past year.

Price Volatility

Is MGTA's price volatile compared to industry and market?
MGTA volatility
MGTA Average Weekly Movement6.1%
Biotechs Industry Average Movement10.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: MGTA has not had significant price volatility in the past 3 months.

Volatility Over Time: MGTA's weekly volatility has decreased from 15% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
201567n/awww.magentatx.com

Magenta Therapeutics, Inc., a biotechnology company focus on improving stem cell transplantation. Its product candidates are designed to bring the curative power of stem cell transplant to patients with blood cancers, genetic diseases, and autoimmune diseases. The company’s product portfolio includes MGTA-117, an anti-CD117 antibody conjugated to an amanitin payload that targets hematopoietic stem cells (HSCs) and leukemia cells; and MGTA-45, an anti-human CD45 antibody conjugated to a DNA-interacting payload for HSCs, leukemia cells, and immune cells.

Magenta Therapeutics, Inc. Fundamentals Summary

How do Magenta Therapeutics's earnings and revenue compare to its market cap?
MGTA fundamental statistics
Market capUS$42.24m
Earnings (TTM)-US$68.69m
Revenue (TTM)n/a
0.0x
P/S Ratio
-0.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGTA income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$68.70m
Earnings-US$68.69m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.14
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MGTA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/09/11 19:28
End of Day Share Price 2023/09/11 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Magenta Therapeutics, Inc. is covered by 8 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kalpit PatelB. Riley Securities, Inc.
Yun ZhongBTIG
Edward WhiteH.C. Wainwright & Co.