Mirum Pharmaceuticals Stock Today

MIRM Stock  USD 46.65  1.50  3.32%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 18

 
High
 
Low
Low
Mirum Pharmaceuticals is selling at 46.65 as of the 28th of November 2024; that is 3.32 percent increase since the beginning of the trading day. The stock's lowest day price was 44.68. Mirum Pharmaceuticals has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Mirum Pharmaceuticals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
18th of July 2019
Category
Healthcare
Classification
Health Care
Mirum Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel therapies for debilitating rare and orphan diseases. Mirum Pharmaceuticals, Inc. was incorporated in 2018 and is headquartered in Foster City, California. The company has 48 M outstanding shares of which 6.97 M shares are now shorted by private and institutional investors with about 19.56 trading days to cover. More on Mirum Pharmaceuticals

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Mirum Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorChristopher Peetz
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.150.2882
Way Down
Slightly volatile
Gross Profit Margin0.910.7476
Fairly Up
Slightly volatile
Total Current Liabilities91.4 M87.1 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total326.4 M310.9 M
Sufficiently Up
Slightly volatile
Total Assets679 M646.6 M
Sufficiently Up
Slightly volatile
Total Current Assets211.2 M387.5 M
Way Down
Slightly volatile
Debt Levels
Mirum Pharmaceuticals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mirum Pharmaceuticals' financial leverage. It provides some insight into what part of Mirum Pharmaceuticals' total assets is financed by creditors.
Liquidity
Mirum Pharmaceuticals currently holds 308.14 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Mirum Pharmaceuticals has a current ratio of 3.19, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Mirum Pharmaceuticals' use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

21.11 Million
Mirum Pharmaceuticals (MIRM) is traded on NASDAQ Exchange in USA. It is located in 950 Tower Lane, Foster City, CA, United States, 94404 and employs 311 people. Mirum Pharmaceuticals is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.24 B. Mirum Pharmaceuticals conducts business under Biotechnology sector and is part of Health Care industry. The entity has 48 M outstanding shares of which 6.97 M shares are now shorted by private and institutional investors with about 19.56 trading days to cover. Mirum Pharmaceuticals currently holds about 124.95 M in cash with (70.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.82.
Check Mirum Pharmaceuticals Probability Of Bankruptcy
Ownership Allocation
The majority of Mirum Pharmaceuticals outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Mirum Pharmaceuticals to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Mirum Pharmaceuticals. Please pay attention to any change in the institutional holdings of Mirum Pharmaceuticals as this could imply that something significant has changed or is about to change at the company.
Check Mirum Ownership Details

Mirum Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
1.1 M
Geode Capital Management, Llc2024-09-30
936.2 K
Clearbridge Advisors, Llc2024-09-30
889.1 K
Pictet Asset Manangement Sa2024-06-30
875.1 K
Goldman Sachs Group Inc2024-06-30
759 K
Lord, Abbett & Co Llc2024-09-30
741.4 K
Polar Capital Holdings Plc2024-06-30
741 K
Avidity Partners Management Lp2024-09-30
731.1 K
First Turn Management Llc2024-09-30
647.6 K
Hhg Plc2024-06-30
M
Eventide Asset Management, Llc2024-09-30
3.4 M
View Mirum Pharmaceuticals Diagnostics

Mirum Pharmaceuticals Historical Income Statement

At this time, Mirum Pharmaceuticals' Income Tax Expense is very stable compared to the past year. As of the 28th of November 2024, Tax Provision is likely to grow to about 951.3 K, while Other Operating Expenses is likely to drop about 156.8 M. View More Fundamentals

Mirum Stock Against Markets

Mirum Pharmaceuticals Corporate Management

Peter MBAChief OfficerProfile
Eric MBAChief OfficerProfile
Ian ClementsChief OfficerProfile
Paul RossChief OfficerProfile
Joanne MDChief OfficerProfile
MSC MBAChief OfficerProfile
When determining whether Mirum Pharmaceuticals is a strong investment it is important to analyze Mirum Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mirum Pharmaceuticals' future performance. For an informed investment choice regarding Mirum Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirum Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Mirum Stock, please use our How to Invest in Mirum Pharmaceuticals guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mirum Pharmaceuticals. If investors know Mirum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mirum Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.08)
Revenue Per Share
6.513
Quarterly Revenue Growth
0.894
Return On Assets
(0.09)
Return On Equity
(0.40)
The market value of Mirum Pharmaceuticals is measured differently than its book value, which is the value of Mirum that is recorded on the company's balance sheet. Investors also form their own opinion of Mirum Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Mirum Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mirum Pharmaceuticals' market value can be influenced by many factors that don't directly affect Mirum Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mirum Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mirum Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mirum Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.