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Omega Therapeutics NasdaqGS:OMGA Stock Report

Last Price

US$0.83

Market Cap

US$46.1m

7D

2.4%

1Y

-73.2%

Updated

26 Dec, 2024

Data

Company Financials +

Omega Therapeutics, Inc.

NasdaqGS:OMGA Stock Report

Market Cap: US$46.1m

My Notes

Capture your thoughts, links and company narrative

Omega Therapeutics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Omega Therapeutics
Historical stock prices
Current Share PriceUS$0.83
52 Week HighUS$6.30
52 Week LowUS$0.75
Beta1.68
1 Month Change4.50%
3 Month Change-36.95%
1 Year Change-73.15%
3 Year Change-93.14%
5 Year Changen/a
Change since IPO-94.80%

Recent News & Updates

Recent updates

Omega Therapeutics And Novo Nordisk Collaboration: A Cautious 'Buy'

Mar 31

Is Omega Therapeutics (NASDAQ:OMGA) Weighed On By Its Debt Load?

Feb 28
Is Omega Therapeutics (NASDAQ:OMGA) Weighed On By Its Debt Load?

Omega Therapeutics: The Next Weight Loss Drug Runner

Jan 16

Omega Therapeutics: Starting 2024 With A Bang

Jan 10

Omega Therapeutics GAAP EPS of -$0.54 in-line, revenue of $0.48M beats by $0.43M

Aug 04

Omega Therapeutics gets FDA nod to start liver cancer trial of lead drug OTX-2002

Jul 14

Shareholder Returns

OMGAUS BiotechsUS Market
7D2.4%-3.3%-0.4%
1Y-73.2%-2.7%24.8%

Return vs Industry: OMGA underperformed the US Biotechs industry which returned -2.7% over the past year.

Return vs Market: OMGA underperformed the US Market which returned 24.8% over the past year.

Price Volatility

Is OMGA's price volatile compared to industry and market?
OMGA volatility
OMGA Average Weekly Movement15.9%
Biotechs Industry Average Movement10.7%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: OMGA's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: OMGA's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201694Kaan Certelomegatherapeutics.com

Omega Therapeutics, Inc. operates as a clinical-stage biotechnology company. The company’s OMEGA platform enables control of fundamental epigenetic processes to correct the root cause of disease by restoring aberrant gene expression to a range without altering native nucleic acid sequences. It also develops OTX-2002 for hepatocellular carcinoma; OTX-2101 for non-small cell lung cancer; omega epigenomic controllers (OEC) for inflammatory lung diseases, such as neutrophilic asthma, acute respiratory distress syndrome, dermatological, oncology, and rheumatological indications; OEC candidates for idiopathic pulmonary fibrosis; liver regeneration medicines; and OEC candidates for patients with diabetes and other conditions to treat corneal epithelial injury.

Omega Therapeutics, Inc. Fundamentals Summary

How do Omega Therapeutics's earnings and revenue compare to its market cap?
OMGA fundamental statistics
Market capUS$46.08m
Earnings (TTM)-US$73.09m
Revenue (TTM)US$8.10m

5.7x

P/S Ratio

-0.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OMGA income statement (TTM)
RevenueUS$8.10m
Cost of RevenueUS$42.59m
Gross Profit-US$34.50m
Other ExpensesUS$38.59m
Earnings-US$73.09m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.32
Gross Margin-426.16%
Net Profit Margin-902.93%
Debt/Equity Ratio135.0%

How did OMGA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:10
End of Day Share Price 2024/12/24 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

Omega Therapeutics, Inc. is covered by 8 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ryan DeschnerCGS International
Keay NakaeChardan Capital Markets, LLC
Robert BurnsH.C. Wainwright & Co.