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Metagenomi, Inc. (MGX)
NASDAQ:MGX
US Market

Metagenomi, Inc. (MGX) Stock Price & Analysis

26 Followers

MGX Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$5.50 - $12.74
Previous Close$7
Volume52.47K
Average Volume (3M)132.14K
Market Cap
$262.25M
Enterprise Value$17.53M
Total Cash (Recent Filing)$292.93M
Total Debt (Recent Filing)$48.21M
Price to Earnings (P/E)N/A
Beta4.63
May 14, 2024
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding37,464,201
10 Day Avg. Volume68,167
30 Day Avg. Volume132,142
Standard Deviation0.16
R-Squared1.00
Alpha-0.21
Financial Highlights & Ratios
Price to Book (P/B)-2.20
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit1.02
Enterprise Value/EbitdaN/A
Forecast
Price Target Upside152.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7

Bulls Say, Bears Say

Bulls Say
Clinical ProgressMetagenomi's upcoming 12-month durability data for the Hemophilia A program is anticipated to be a pivotal event, potentially validating its gene editing technology.
Financial StabilityWith approximately $327 million in cash and cash equivalents, Metagenomi demonstrates a strong balance sheet, ensuring operational continuity well into the future.
Technology AdvancementMetagenomi's CAST system shows promise with large scale DNA-templated integrations, positioning it as a strong competitor in the long sequence gene editing field.
Bears Say
EarningsMetagenomi reported a net loss of $25.1M, or $1.34 per share, which is greater than the consensus estimate.
Partnership ConcernsThe PH1 program with Moderna wasn't a commercially viable opportunity, suggesting potential limitations in the partnership's value.
RisksBear $7 PT on mixed NHP data, slow transition to clinical trials, and platform setback represents potential risks to the stock's performance.
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Financials

Annual

Ownership Overview

33.30%0.01%26.24%40.45%
33.30% Insiders
26.24% Other Institutional Investors
40.45% Public Companies and
Individual Investors

Risk Analysis

Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products

MGX FAQ

What was Metagenomi, Inc.’s price range in the past 12 months?
Metagenomi, Inc. lowest stock price was $5.50 and its highest was $12.74 in the past 12 months.
    What is Metagenomi, Inc.’s market cap?
    Currently, no data Available
    When is Metagenomi, Inc.’s upcoming earnings report date?
    Metagenomi, Inc.’s upcoming earnings report date is May 14, 2024 which is 6 days ago.
      How were Metagenomi, Inc.’s earnings last quarter?
      Metagenomi, Inc. released its earnings results on Mar 27, 2024. The company reported -$5.667 earnings per share for the quarter, beating the consensus estimate of -$5.67 by $0.003.
        Is Metagenomi, Inc. overvalued?
        According to Wall Street analysts Metagenomi, Inc.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Metagenomi, Inc. pay dividends?
          Metagenomi, Inc. does not currently pay dividends.
          What is Metagenomi, Inc.’s EPS estimate?
          Metagenomi, Inc.’s EPS estimate is -$0.84.
            How many shares outstanding does Metagenomi, Inc. have?
            Metagenomi, Inc. has 37,464,203 shares outstanding.
              What happened to Metagenomi, Inc.’s price movement after its last earnings report?
              Metagenomi, Inc. reported an EPS of -$5.667 in its last earnings report, beating expectations of -$5.67. Following the earnings report the stock price went up 3.976%.
                Which hedge fund is a major shareholder of Metagenomi, Inc.?
                Among the largest hedge funds holding Metagenomi, Inc.’s share is RA Capital Management. It holds Metagenomi, Inc.’s shares valued at 18M.
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                  Company Description

                  Metagenomi, Inc.

                  At Metageno­mi, we are cre­at­ing poten­tial­ly cura­tive ther­a­peu­tics using our metage­­nomics-pow­ered genome edit­ing toolbox.We believe tools with capa­bil­i­ties that go beyond the cur­rent tech­nol­o­gy land­scape will be required in order to reach the full ther­a­peu­tic poten­tial of genome edit­ing. By har­ness­ing the pow­er of metage­nomics, the study of genomes recov­ered from uncul­ti­vat­ed organ­isms in the nat­ur­al envi­ron­ment, we are dis­cov­er­ing and devel­op­ing asuite of nov­el genome edit­ing tools with the poten­tial to make any desired ther­a­peu­tic gene edit, any­where in the human genome.
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                  MGX Stock 12 Month Forecast

                  Average Price Target

                  $17.67
                  ▲(152.43% Upside)
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                  Best Analysts Covering MGX

                  1 Year
                  Yanan ZhuWells Fargo
                  1 Year Success Rate
                  1/2 ratings generated profit
                  50%
                  1 Year Average Return
                  -16.40%
                  reiterated a buy rating 6 days ago
                  Copying Yanan Zhu's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -16.40% per trade.
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