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MeiraGTx Holdings NasdaqGS:MGTX Stock Report

Last Price

US$6.29

Market Cap

US$502.5m

7D

1.3%

1Y

6.4%

Updated

31 Jan, 2025

Data

Company Financials +

MeiraGTx Holdings plc

NasdaqGS:MGTX Stock Report

Market Cap: US$502.5m

MGTX Stock Overview

A clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases. More details

MGTX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

MeiraGTx Holdings plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for MeiraGTx Holdings
Historical stock prices
Current Share PriceUS$6.29
52 Week HighUS$7.37
52 Week LowUS$3.85
Beta1.26
1 Month Change3.28%
3 Month Change8.26%
1 Year Change6.43%
3 Year Change-55.74%
5 Year Change-68.20%
Change since IPO-58.07%

Recent News & Updates

MeiraGTx: 2 Possible Near-Term BLA Filings Could Ignite Shareholder Value

Jan 22

Analysts Have Lowered Expectations For MeiraGTx Holdings plc (NASDAQ:MGTX) After Its Latest Results

Nov 15
Analysts Have Lowered Expectations For MeiraGTx Holdings plc (NASDAQ:MGTX) After Its Latest Results

Recent updates

MeiraGTx: 2 Possible Near-Term BLA Filings Could Ignite Shareholder Value

Jan 22

Analysts Have Lowered Expectations For MeiraGTx Holdings plc (NASDAQ:MGTX) After Its Latest Results

Nov 15
Analysts Have Lowered Expectations For MeiraGTx Holdings plc (NASDAQ:MGTX) After Its Latest Results

MeiraGTx: Positive PD Data Moves Needle Forward For Regulatory Meetings

Oct 15

MeiraGTx: A Very Attractive Longer-Term Play, With Potential Near-Term Catalysts

Jul 15

MeiraGTx Holdings (NASDAQ:MGTX) Has Debt But No Earnings; Should You Worry?

Jun 19
MeiraGTx Holdings (NASDAQ:MGTX) Has Debt But No Earnings; Should You Worry?

MeiraGTx: Bota-Vec Program Advancing With Milestones Being Met

Feb 15

Does MeiraGTx Holdings (NASDAQ:MGTX) Have A Healthy Balance Sheet?

Sep 08
Does MeiraGTx Holdings (NASDAQ:MGTX) Have A Healthy Balance Sheet?

Calculating The Intrinsic Value Of MeiraGTx Holdings plc (NASDAQ:MGTX)

Apr 11
Calculating The Intrinsic Value Of MeiraGTx Holdings plc (NASDAQ:MGTX)

MeiraGTx Holdings plc (NASDAQ:MGTX) Analysts Are Reducing Their Forecasts For This Year

Mar 16
MeiraGTx Holdings plc (NASDAQ:MGTX) Analysts Are Reducing Their Forecasts For This Year

MeiraGTx Holdings plc (NASDAQ:MGTX) Analysts Are More Bearish Than They Used To Be

Nov 16
MeiraGTx Holdings plc (NASDAQ:MGTX) Analysts Are More Bearish Than They Used To Be

MeiraGTx GAAP EPS of -$0.76, revenue of $10.76M

Aug 11

MeiraGTx inks $100M debt agreement backed by manufacturing facilities

Aug 03

MeiraGTx Holdings (NASDAQ:MGTX) Is In A Good Position To Deliver On Growth Plans

Apr 29
MeiraGTx Holdings (NASDAQ:MGTX) Is In A Good Position To Deliver On Growth Plans

Shareholder Returns

MGTXUS BiotechsUS Market
7D1.3%1.7%-0.9%
1Y6.4%-2.2%22.6%

Return vs Industry: MGTX exceeded the US Biotechs industry which returned -3.8% over the past year.

Return vs Market: MGTX underperformed the US Market which returned 24.3% over the past year.

Price Volatility

Is MGTX's price volatile compared to industry and market?
MGTX volatility
MGTX Average Weekly Movement8.0%
Biotechs Industry Average Movement11.3%
Market Average Movement6.4%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: MGTX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MGTX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015389Alexandria Forbesmeiragtx.com

MeiraGTx Holdings plc, a clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited retinal diseases and large degenerative ocular diseases, neurodegenerative diseases, and xerostomia. Its programs in clinical development include Phase I/II clinical stage programs in achromatopsia, X-linked retinitis pigmentosa, and RPE65-deficiency; Phase I clinical trials for radiation-induced xerostomia; and Parkinson’s program that has completed a Phase II trial.

MeiraGTx Holdings plc Fundamentals Summary

How do MeiraGTx Holdings's earnings and revenue compare to its market cap?
MGTX fundamental statistics
Market capUS$502.53m
Earnings (TTM)-US$88.18m
Revenue (TTM)US$13.93m

35.3x

P/S Ratio

-5.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGTX income statement (TTM)
RevenueUS$13.93m
Cost of RevenueUS$11.99m
Gross ProfitUS$1.94m
Other ExpensesUS$90.12m
Earnings-US$88.18m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.13
Gross Margin13.96%
Net Profit Margin-633.05%
Debt/Equity Ratio76.2%

How did MGTX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 14:17
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

MeiraGTx Holdings plc is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Huidong WangBarclays
Alec StranahanBofA Global Research
Gbolahan Amusa BenzChardan Capital Markets, LLC