Merrimack Pharmaceuticals Stock Net Income
| MACK Stock | USD 14.68 0.05 0.34% |
Merrimack Pharmaceuticals fundamentals help investors to digest information that contributes to Merrimack Pharmaceuticals' financial success or failures. It also enables traders to predict the movement of Merrimack Stock. The fundamental analysis module provides a way to measure Merrimack Pharmaceuticals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Merrimack Pharmaceuticals stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -1.2 M | -1.2 M | |
| Net Loss | -1.4 M | -1.5 M | |
| Net Loss | -1.8 M | -1.9 M | |
| Net Loss | (0.08) | (0.09) | |
| Net Income Per E B T | 1.01 | 0.69 |
Merrimack | Net Income |
Merrimack Pharmaceuticals Company Net Income Analysis
Merrimack Pharmaceuticals' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Merrimack Pharmaceuticals Net Income | (1.18 M) |
Most of Merrimack Pharmaceuticals' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Merrimack Pharmaceuticals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Merrimack Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Merrimack Pharmaceuticals is extremely important. It helps to project a fair market value of Merrimack Stock properly, considering its historical fundamentals such as Net Income. Since Merrimack Pharmaceuticals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Merrimack Pharmaceuticals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Merrimack Pharmaceuticals' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Merrimack Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Merrimack Pharmaceuticals reported net income of (1.18 Million). This is 100.35% lower than that of the Biotechnology sector and 101.69% lower than that of the Health Care industry. The net income for all United States stocks is 100.21% higher than that of the company.
Merrimack Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Merrimack Pharmaceuticals' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Merrimack Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Merrimack Pharmaceuticals by comparing valuation metrics of similar companies.Merrimack Pharmaceuticals is currently under evaluation in net income category among related companies.
Merrimack Pharmaceuticals Institutional Holders
Institutional Holdings refers to the ownership stake in Merrimack Pharmaceuticals that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Merrimack Pharmaceuticals' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Merrimack Pharmaceuticals' value.| Shares | Wittenberg Investment Management Inc | 2023-12-31 | 210.2 K | State Street Corporation | 2023-12-31 | 196.7 K | Northern Trust Corp | 2023-12-31 | 116.9 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 109.5 K | Bank Of New York Mellon Corp | 2023-12-31 | 100.2 K | Susquehanna International Group, Llp | 2023-12-31 | 80.6 K | Goldman Sachs Group Inc | 2023-12-31 | 70.4 K | Rosalind Advisors, Inc. | 2023-12-31 | 60 K | Yakira Capital Management, Inc. | 2023-12-31 | 54.1 K | Western Standard Llc | 2023-12-31 | 2.2 M | Newtyn Management Llc | 2023-12-31 | 1.9 M |
Merrimack Fundamentals
| Return On Equity | -0.0622 | ||||
| Return On Asset | -0.0697 | ||||
| Current Valuation | 194.22 M | ||||
| Shares Outstanding | 14.53 M | ||||
| Shares Owned By Insiders | 1.21 % | ||||
| Shares Owned By Institutions | 66.66 % | ||||
| Number Of Shares Shorted | 722.75 K | ||||
| Price To Earning | 65.70 X | ||||
| Price To Book | 11.38 X | ||||
| Gross Profit | (9.1 M) | ||||
| EBITDA | (2.18 M) | ||||
| Net Income | (1.18 M) | ||||
| Cash And Equivalents | 13.36 M | ||||
| Cash Per Share | 1.00 X | ||||
| Debt To Equity | 33.90 % | ||||
| Current Ratio | 31.85 X | ||||
| Book Value Per Share | 1.31 X | ||||
| Cash Flow From Operations | (1.52 M) | ||||
| Short Ratio | 6.23 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Price To Earnings To Growth | 0.07 X | ||||
| Target Price | 4.0 | ||||
| Beta | 1.43 | ||||
| Market Capitalization | 213.33 M | ||||
| Total Asset | 19.19 M | ||||
| Retained Earnings | (548.82 M) | ||||
| Working Capital | 18.74 M | ||||
| Current Asset | 89.62 M | ||||
| Current Liabilities | 88.28 M | ||||
| Net Asset | 19.19 M |
About Merrimack Pharmaceuticals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Merrimack Pharmaceuticals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Merrimack Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Merrimack Pharmaceuticals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Merrimack Pharmaceuticals' industry 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 Merrimack Pharmaceuticals. If investors know Merrimack 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 Merrimack 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 (0.08) | Return On Assets (0.07) | Return On Equity (0.06) |
The market value of Merrimack Pharmaceuticals is measured differently than its book value, which is the value of Merrimack that is recorded on the company's balance sheet. Investors also form their own opinion of Merrimack Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Merrimack 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 Merrimack Pharmaceuticals' market value can be influenced by many factors that don't directly affect Merrimack 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 Merrimack Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Merrimack Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merrimack 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.