MeiraGTx Holdings plc

NasdaqGS:MGTX Stock Report

Market Cap: US$480.6m

MeiraGTx Holdings Management

Management criteria checks 3/4

MeiraGTx Holdings' CEO is Alexandria Forbes, appointed in Mar 2015, has a tenure of 9.75 years. total yearly compensation is $6.34M, comprised of 10.2% salary and 89.8% bonuses, including company stock and options. directly owns 1.79% of the company’s shares, worth $8.62M. The average tenure of the management team and the board of directors is 5.5 years and 9.5 years respectively.

Key information

Alexandria Forbes

Chief executive officer

US$6.3m

Total compensation

CEO salary percentage10.2%
CEO tenure9.8yrs
CEO ownership1.8%
Management average tenure5.5yrs
Board average tenure9.5yrs

Recent management updates

Recent updates

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

Analysts' Revenue Estimates For MeiraGTx Holdings plc (NASDAQ:MGTX) Are Surging Higher

Mar 15
Analysts' Revenue Estimates For MeiraGTx Holdings plc (NASDAQ:MGTX) Are Surging Higher

CEO Compensation Analysis

How has Alexandria Forbes's remuneration changed compared to MeiraGTx Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$88m

Jun 30 2024n/an/a

-US$93m

Mar 31 2024n/an/a

-US$74m

Dec 31 2023US$6mUS$648k

-US$84m

Sep 30 2023n/an/a

-US$132m

Jun 30 2023n/an/a

-US$125m

Mar 31 2023n/an/a

-US$129m

Dec 31 2022US$8mUS$580k

-US$130m

Sep 30 2022n/an/a

-US$112m

Jun 30 2022n/an/a

-US$101m

Mar 31 2022n/an/a

-US$87m

Dec 31 2021US$6mUS$580k

-US$80m

Sep 30 2021n/an/a

-US$80m

Jun 30 2021n/an/a

-US$61m

Mar 31 2021n/an/a

-US$66m

Dec 31 2020US$8mUS$602k

-US$58m

Sep 30 2020n/an/a

-US$53m

Jun 30 2020n/an/a

-US$57m

Mar 31 2020n/an/a

-US$52m

Dec 31 2019US$8mUS$580k

-US$55m

Sep 30 2019n/an/a

-US$70m

Jun 30 2019n/an/a

-US$75m

Mar 31 2019n/an/a

-US$86m

Dec 31 2018US$23mUS$555k

-US$85m

Sep 30 2018n/an/a

-US$73m

Jun 30 2018n/an/a

-US$66m

Mar 31 2018n/an/a

-US$42m

Dec 31 2017US$1mUS$450k

-US$32m

Compensation vs Market: Alexandria's total compensation ($USD6.34M) is above average for companies of similar size in the US market ($USD2.16M).

Compensation vs Earnings: Alexandria's compensation has been consistent with company performance over the past year.

CEO

Alexandria Forbes (59 yo)

9.8yrs

Tenure

US$6,336,832

Compensation

Dr. Alexandria Forbes, Ph.D. serves as the Chief Executive Officer, Director and President at MeiraGTx Holdings plc (formerly known as MeiraGTx Limited) since March 2015. Prior to joining MeiraGTx, Dr. For...

Leadership Team

NamePositionTenureCompensationOwnership
Alexandria Forbes
CEO, President & Director9.8yrsUS$6.34m1.79%
$ 8.6m
Richard Giroux
COO & CFO9.8yrsUS$4.98m1.19%
$ 5.7m
Stuart Naylor
Chief Development Officer9.7yrsUS$2.50m0.72%
$ 3.5m
Robert Wollin
General Counsel & Secretary5.3yrsno data0.019%
$ 93.1k
Michel Michaelides
Head of Clinical Ophthalmology3.9yrsno datano data
Christine Sheehy
Senior Vice President of Global Integrationno datano datano data
Tim Randall
Senior Vice President of Risk & Internal Controls5.7yrsno datano data
Alastair Leighton
Senior Vice President of Manufacturing & Supply Chain5.4yrsno datano data
Robert Zeldin
Chief Medical Officer4.3yrsUS$4.05m0.11%
$ 551.8k

5.5yrs

Average Tenure

58yo

Average Age

Experienced Management: MGTX's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Alexandria Forbes
CEO, President & Director9.8yrsUS$6.34m1.79%
$ 8.6m
Arnold Levine
Member of Scientific Advisory Boardno dataUS$149.82k0%
$ 0
Thomas Shenk
Independent Director & Member of Scientific Advisory Board9.5yrsUS$347.73k0%
$ 0
Keith Harris
Independent Chairman of the Board9.5yrsUS$538.84k0.064%
$ 307.5k
Nicole Seligman
Independent Director5.6yrsUS$395.76k0.0064%
$ 30.8k
Gregory Petsko
Chairman of Scientific Advisory Boardno datano datano data
Michael Kaplitt
Member of Scientific Advisory Boardno datano datano data
Neil Mendoza
Independent Director9.5yrsUS$352.73k0.016%
$ 79.2k
Ellen Hukkelhoven
Director7.2yrsUS$264.23k0%
$ 0
James Alwine
Member of Scientific Advisory Boardno datano datano data
Stefano Rivella
Member of Scientific Advisory Boardno datano datano data
Robert Batey
Member of Scientific Advisory Boardno datano datano data

9.5yrs

Average Tenure

68yo

Average Age

Experienced Board: MGTX's board of directors are considered experienced (9.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:20
End of Day Share Price 2024/12/20 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

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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