Meiragtx Holdings Plc Stock Analysis

MGTX Stock  USD 7.78  0.09  1.17%   
MeiraGTx Holdings PLC is undervalued with Real Value of 10.73 and Target Price of 21.0. The main objective of MeiraGTx Holdings stock analysis is to determine its intrinsic value, which is an estimate of what MeiraGTx Holdings PLC is worth, separate from its market price. There are two main types of MeiraGTx Holdings' stock analysis: fundamental analysis and technical analysis.
The MeiraGTx Holdings stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. MeiraGTx Holdings is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. MeiraGTx Stock trading window is adjusted to America/New York timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MeiraGTx Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

MeiraGTx Stock Analysis Notes

About 39.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 2.12. MeiraGTx Holdings PLC had not issued any dividends in recent years. MeiraGTx Holdings plc, a clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases. MeiraGTx Holdings plc was incorporated in 2015 and is based in New York, New York. MeiraGTx Holdings operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 333 people. To find out more about MeiraGTx Holdings PLC contact Alexandria Forbes at 646 860 7985 or learn more at https://meiragtx.com.

MeiraGTx Holdings PLC Investment Alerts

MeiraGTx Holdings appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 33.28 M. Net Loss for the year was (147.79 M) with profit before overhead, payroll, taxes, and interest of 9.49 M.
MeiraGTx Holdings PLC currently holds about 72.11 M in cash with (104.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.61.
Roughly 59.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: MeiraGTx Holdings plc Is Expected To Breakeven In The Near Future

MeiraGTx Holdings PLC Upcoming and Recent Events

Earnings reports are used by MeiraGTx Holdings to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
12th of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
12th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

MeiraGTx Largest EPS Surprises

Earnings surprises can significantly impact MeiraGTx Holdings' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2020-05-07
2020-03-31-0.48-0.430.0510 
2025-03-12
2024-12-31-0.56-0.50.0610 
2021-11-10
2021-09-30-0.51-0.59-0.0815 
View All Earnings Estimates

MeiraGTx Holdings Environmental, Social, and Governance (ESG) Scores

MeiraGTx Holdings' ESG score is a quantitative measure that evaluates MeiraGTx Holdings' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of MeiraGTx Holdings' operations that may have significant financial implications and affect MeiraGTx Holdings' stock price as well as guide investors towards more socially responsible investments.

MeiraGTx Holdings Thematic Classifications

In addition to having MeiraGTx Holdings stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Pharmaceutical Products Idea
Pharmaceutical Products
USA Equities from Pharmaceutical Products industry as classified by Fama & French

MeiraGTx Stock Institutional Investors

Shares
State Street Corp2024-12-31
602.3 K
Geode Capital Management, Llc2024-12-31
570.6 K
J. Goldman & Co Lp2024-12-31
550.5 K
Vanguard Group Inc2024-12-31
458.9 K
Dimensional Fund Advisors, Inc.2024-12-31
398.8 K
Garden State Investment Advisory Services Llc2024-09-30
392.4 K
Alyeska Investment Group, L.p.2024-12-31
330.2 K
Northern Trust Corp2024-12-31
315.7 K
Jpmorgan Chase & Co2024-12-31
306 K
Perceptive Advisors Llc2024-12-31
12.6 M
Sanofi2024-12-31
12.2 M
Note, although MeiraGTx Holdings' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

MeiraGTx Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 606.39 M.

MeiraGTx Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.55)(0.58)
Return On Capital Employed(0.79)(0.83)
Return On Assets(0.55)(0.58)
Return On Equity(2.18)(2.07)

Management Efficiency

MeiraGTx Holdings PLC has return on total asset (ROA) of (0.3441) % which means that it has lost $0.3441 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.4348) %, meaning that it created substantial loss on money invested by shareholders. MeiraGTx Holdings' management efficiency ratios could be used to measure how well MeiraGTx Holdings manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.58 in 2025. Return On Capital Employed is likely to drop to -0.83 in 2025. At this time, MeiraGTx Holdings' Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 19.7 M in 2025, whereas Total Assets are likely to drop slightly above 252.7 M in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 0.97  1.79 
Tangible Book Value Per Share 0.96  1.77 
Enterprise Value Over EBITDA(2.67)(2.81)
Price Book Value Ratio 6.27  6.58 
Enterprise Value Multiple(2.67)(2.81)
Price Fair Value 6.27  6.58 
Enterprise Value325.6 M325.2 M
Understanding the operational decisions made by MeiraGTx Holdings management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Operating Margin
(1.47)
Beta
1.238
Return On Assets
(0.34)
Return On Equity
(1.43)

Technical Drivers

As of the 25th of March, MeiraGTx Holdings secures the Risk Adjusted Performance of 0.0848, mean deviation of 3.11, and Downside Deviation of 3.76. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MeiraGTx Holdings PLC, as well as the relationship between them.

MeiraGTx Holdings PLC Price Movement Analysis

Execute Study
java.lang.NullPointerException: Cannot invoke "java.lang.Number.intValue()" because the return value of "sun.invoke.util.ValueConversions.primitiveConversion(sun.invoke.util.Wrapper, Object, boolean)" is null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MeiraGTx Holdings middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MeiraGTx Holdings PLC. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

MeiraGTx Holdings PLC Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MeiraGTx Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on MeiraGTx Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MeiraGTx Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Wollin Robert J over two weeks ago
Acquisition by Wollin Robert J of 22500 shares of MeiraGTx Holdings subject to Rule 16b-3
 
Alexandria Forbes over two weeks ago
Disposition of 11661 shares by Alexandria Forbes of MeiraGTx Holdings at 6.3 subject to Rule 16b-3
 
Giroux Richard over two months ago
Disposition of 24000 shares by Giroux Richard of MeiraGTx Holdings at 6.29 subject to Rule 16b-3
 
Alexandria Forbes over two months ago
Disposition of 30000 shares by Alexandria Forbes of MeiraGTx Holdings subject to Rule 16b-3
 
Alexandria Forbes over two months ago
Disposition of 11661 shares by Alexandria Forbes of MeiraGTx Holdings at 6.3 subject to Rule 16b-3
 
Giroux Richard over two months ago
Disposition of 52500 shares by Giroux Richard of MeiraGTx Holdings subject to Rule 16b-3
 
Perceptive Advisors Llc over three months ago
Acquisition by Perceptive Advisors Llc of 4347826 shares of MeiraGTx Holdings at 5.75 subject to Rule 16b-3
 
Indyk Martin over three months ago
Disposition of 15000 shares by Indyk Martin of MeiraGTx Holdings subject to Rule 16b-3
 
Wollin Robert J over three months ago
Acquisition by Wollin Robert J of 45000 shares of MeiraGTx Holdings at 8.6 subject to Rule 16b-3
 
Alexandria Forbes over six months ago
Disposition of 25777 shares by Alexandria Forbes of MeiraGTx Holdings at 6.63 subject to Rule 16b-3
 
Harris Keith R. over six months ago
Acquisition by Harris Keith R. of 75000 shares of MeiraGTx Holdings subject to Rule 16b-3
 
Harris Keith R. over six months ago
Disposition of 30000 shares by Harris Keith R. of MeiraGTx Holdings subject to Rule 16b-3

MeiraGTx Holdings Outstanding Bonds

MeiraGTx Holdings issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MeiraGTx Holdings PLC uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MeiraGTx bonds can be classified according to their maturity, which is the date when MeiraGTx Holdings PLC has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

MeiraGTx Holdings Predictive Daily Indicators

MeiraGTx Holdings intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MeiraGTx Holdings stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

MeiraGTx Holdings Corporate Filings

8K
13th of March 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
25th of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
21st of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
16th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
10th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
9th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
13th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify

MeiraGTx Holdings Forecast Models

MeiraGTx Holdings' time-series forecasting models are one of many MeiraGTx Holdings' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MeiraGTx Holdings' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About MeiraGTx Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how MeiraGTx Holdings prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MeiraGTx shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as MeiraGTx Holdings. By using and applying MeiraGTx Stock analysis, traders can create a robust methodology for identifying MeiraGTx entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(4.44)(4.66)
Operating Profit Margin(4.93)(5.18)
Net Loss(4.44)(4.66)
Gross Profit Margin 0.33  0.56 

Current MeiraGTx Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. MeiraGTx analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. MeiraGTx analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
21.0Strong Buy5Odds
MeiraGTx Holdings PLC current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most MeiraGTx analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MeiraGTx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MeiraGTx Holdings PLC, talking to its executives and customers, or listening to MeiraGTx conference calls.
MeiraGTx Analyst Advice Details

MeiraGTx Stock Analysis Indicators

MeiraGTx Holdings PLC stock analysis indicators help investors evaluate how MeiraGTx Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading MeiraGTx Holdings shares will generate the highest return on investment. By understating and applying MeiraGTx Holdings stock analysis, traders can identify MeiraGTx Holdings position entry and exit signals to maximize returns.
Begin Period Cash Flow130.6 M
Long Term Debt73.2 M
Common Stock Shares Outstanding69.8 M
Total Stockholder Equity67.8 M
Property Plant And Equipment Net135.7 M
Cash And Short Term Investments103.7 M
Cash103.7 M
Accounts Payable23.6 M
Net Debt-99.6 M
50 Day M A6.6929
Total Current Liabilities60.8 M
Other Operating Expenses197.5 M
Non Current Assets Total146.2 M
Forward Price Earnings50.2513
Non Currrent Assets OtherM
Stock Based Compensation25.2 M

Additional Tools for MeiraGTx Stock Analysis

When running MeiraGTx Holdings' price analysis, check to measure MeiraGTx Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MeiraGTx Holdings is operating at the current time. Most of MeiraGTx Holdings' value examination focuses on studying past and present price action to predict the probability of MeiraGTx Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MeiraGTx Holdings' price. Additionally, you may evaluate how the addition of MeiraGTx Holdings to your portfolios can decrease your overall portfolio volatility.