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Mirati Therapeutics NasdaqGS:MRTX Stock Report

Last Price

US$58.70

Market Cap

US$4.1b

7D

-0.5%

1Y

18.9%

Updated

23 Jan, 2024

Data

Company Financials +

Mirati Therapeutics, Inc.

NasdaqGS:MRTX Stock Report

Market Cap: US$4.1b

MRTX Stock Overview

Mirati Therapeutics, Inc., a commercial-stage oncology company, develops novel therapeutics to address the genetic and immunological promoters of cancer in the United States.

MRTX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Mirati Therapeutics, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mirati Therapeutics
Historical stock prices
Current Share PriceUS$58.70
52 Week HighUS$64.41
52 Week LowUS$27.30
Beta0.77
1 Month Change-0.41%
3 Month Change6.32%
1 Year Change18.92%
3 Year Change-71.20%
5 Year Change-5.55%
Change since IPO590.59%

Recent News & Updates

Recent updates

We Think Mirati Therapeutics (NASDAQ:MRTX) Needs To Drive Business Growth Carefully

Oct 05
We Think Mirati Therapeutics (NASDAQ:MRTX) Needs To Drive Business Growth Carefully

Is Mirati Therapeutics (NASDAQ:MRTX) In A Good Position To Invest In Growth?

Jun 22
Is Mirati Therapeutics (NASDAQ:MRTX) In A Good Position To Invest In Growth?

Need To Know: Analysts Are Much More Bullish On Mirati Therapeutics, Inc. (NASDAQ:MRTX) Revenues

May 17
Need To Know: Analysts Are Much More Bullish On Mirati Therapeutics, Inc. (NASDAQ:MRTX) Revenues

We Think Mirati Therapeutics (NASDAQ:MRTX) Needs To Drive Business Growth Carefully

Feb 01
We Think Mirati Therapeutics (NASDAQ:MRTX) Needs To Drive Business Growth Carefully

Some Analysts Just Cut Their Mirati Therapeutics, Inc. (NASDAQ:MRTX) Estimates

Dec 09
Some Analysts Just Cut Their Mirati Therapeutics, Inc. (NASDAQ:MRTX) Estimates

We Think Mirati Therapeutics (NASDAQ:MRTX) Can Afford To Drive Business Growth

Oct 08
We Think Mirati Therapeutics (NASDAQ:MRTX) Can Afford To Drive Business Growth

Is There An Opportunity With Mirati Therapeutics, Inc.'s (NASDAQ:MRTX) 30% Undervaluation?

Sep 11
Is There An Opportunity With Mirati Therapeutics, Inc.'s (NASDAQ:MRTX) 30% Undervaluation?

Mirati: A Potential Blockbuster Stock, Will Need Patience

Sep 08

Mirati jumps 11% as Amgen meets key goal for rival cancer drug

Aug 31

Mirati gains as Amgen posts new combination data for rival cancer drug

Aug 08

Need To Know: Analysts Are Much More Bullish On Mirati Therapeutics, Inc. (NASDAQ:MRTX) Revenues

Aug 08
Need To Know: Analysts Are Much More Bullish On Mirati Therapeutics, Inc. (NASDAQ:MRTX) Revenues

Mirati: Not Looking Good In 2022, But Stronger Prospects In 2-3 Years

Jun 21

Shareholder Returns

MRTXUS BiotechsUS Market
7D-0.5%1.5%1.2%
1Y18.9%1.1%24.7%

Return vs Industry: MRTX exceeded the US Biotechs industry which returned 6.9% over the past year.

Return vs Market: MRTX matched the US Market which returned 19.4% over the past year.

Price Volatility

Is MRTX's price volatile compared to industry and market?
MRTX volatility
MRTX Average Weekly Movement1.0%
Biotechs Industry Average Movement11.7%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: MRTX's weekly volatility has decreased from 10% to 1% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995587Chuck Baumwww.mirati.com

Mirati Therapeutics, Inc., a commercial-stage oncology company, develops novel therapeutics to address the genetic and immunological promoters of cancer in the United States. The company provides KRAZATI, an oral targeted treatment option for adult patients with KRAS G12C-mutated locally advanced or metastatic non-small cell lung (NSCLC), as well as in clinical development as a monotherapy and in combination with other agents. It also develops Sitravatinib, an investigational spectrum-selective kinase inhibitor in Phase 3 clinical development that inhibits receptor tyrosine kinases (RTKs), including TAM family receptors, split family receptors, and RET, which overcomes resistance to checkpoint inhibitor therapy through targeted reversal of an immunosuppressive tumor microenvironment that enhances antigen-specific T cell response and expanding dendritic cell-dependent antigen presentation.

Mirati Therapeutics, Inc. Fundamentals Summary

How do Mirati Therapeutics's earnings and revenue compare to its market cap?
MRTX fundamental statistics
Market capUS$4.12b
Earnings (TTM)-US$725.88m
Revenue (TTM)US$38.19m

107.8x

P/S Ratio

-5.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRTX income statement (TTM)
RevenueUS$38.19m
Cost of RevenueUS$510.48m
Gross Profit-US$472.29m
Other ExpensesUS$253.59m
Earnings-US$725.88m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-10.35
Gross Margin-1,236.66%
Net Profit Margin-1,900.65%
Debt/Equity Ratio0%

How did MRTX perform over the long term?

See historical performance and comparison
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