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MeiraGTx Holdings NasdaqGS:MGTX Stock Report

Last Price

US$4.86

Market Cap

US$296.5m

7D

20.6%

1Y

-24.9%

Updated

16 Jul, 2024

Data

Company Financials +

MeiraGTx Holdings plc

NasdaqGS:MGTX Stock Report

Market Cap: US$296.5m

MGTX Stock Overview

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

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

MeiraGTx Holdings plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MeiraGTx Holdings
Historical stock prices
Current Share PriceUS$4.86
52 Week HighUS$7.60
52 Week LowUS$3.49
Beta1.34
11 Month Change8.24%
3 Month Change-7.43%
1 Year Change-24.88%
33 Year Change-68.24%
5 Year Change-82.00%
Change since IPO-67.60%

Recent News & Updates

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?

Recent updates

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

MeiraGTx: Perceptive's Large Stake Makes It Interesting

Jan 19

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

Dec 28
MeiraGTx Holdings (NASDAQ:MGTX) Is In A Good Position To Deliver On Growth Plans

MeiraGTx: Novel Riboswitch Technology Could Add Value

Nov 01

Shareholders Will Probably Hold Off On Increasing MeiraGTx Holdings plc's (NASDAQ:MGTX) CEO Compensation For The Time Being

Jun 05
Shareholders Will Probably Hold Off On Increasing MeiraGTx Holdings plc's (NASDAQ:MGTX) CEO Compensation For The Time Being

Shareholder Returns

MGTXUS BiotechsUS Market
7D20.6%4.5%1.3%
1Y-24.9%13.6%22.0%

Return vs Industry: MGTX underperformed the US Biotechs industry which returned 13.6% over the past year.

Return vs Market: MGTX underperformed the US Market which returned 22% over the past year.

Price Volatility

Is MGTX's price volatile compared to industry and market?
MGTX volatility
MGTX Average Weekly Movement6.5%
Biotechs Industry Average Movement10.5%
Market Average Movement5.8%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.8%

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

Volatility Over Time: MGTX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015402Alexandria 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$296.45m
Earnings (TTM)-US$74.10m
Revenue (TTM)US$11.38m

27.5x

P/S Ratio

-4.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGTX income statement (TTM)
RevenueUS$11.38m
Cost of RevenueUS$0
Gross ProfitUS$11.38m
Other ExpensesUS$85.49m
Earnings-US$74.10m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.15
Gross Margin100.00%
Net Profit Margin-651.19%
Debt/Equity Ratio59.5%

How did MGTX perform over the long term?

See historical performance and comparison
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