Meiragtx Holdings Plc Stock Analysis

MGTX Stock  USD 6.07  0.14  2.25%   
MeiraGTx Holdings PLC is undervalued with Real Value of 10.34 and Target Price of 23.6. 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. Fundamental analysis focuses on the financial and economic factors that affect MeiraGTx Holdings' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of MeiraGTx Holdings' stock to identify patterns and trends that may indicate its future price movements.
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, 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and MeiraGTx Holdings' ongoing operational relationships across important fundamental and technical indicators.
  
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

MeiraGTx Stock Analysis Notes

About 18.0% of the company outstanding shares are owned by corporate insiders. The book value of MeiraGTx Holdings was now reported as 2.17. The company recorded a loss per share of 1.49. 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

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. MeiraGTx Holdings' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding MeiraGTx Holdings PLC or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
MeiraGTx Holdings generated a negative expected return over the last 90 days
MeiraGTx Holdings has high historical volatility and very poor performance
The company reported the previous year's revenue of 14.02 M. Net Loss for the year was (84.03 M) with profit before overhead, payroll, taxes, and interest of 15.92 M.
MeiraGTx Holdings PLC currently holds about 72.11 M in cash with (105.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.61.
MeiraGTx Holdings has a frail financial position based on the latest SEC disclosures
Roughly 62.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Acquisition by Keith Harris of 20000 shares of MeiraGTx Holdings subject to Rule 16b-3

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. It also may provide a comparison to MeiraGTx Holdings previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
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 
2021-11-10
2021-09-30-0.51-0.59-0.0815 
2021-08-11
2021-06-30-0.54-0.460.0814 
View All Earnings Estimates

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

Have you ever been surprised when a price of an equity instrument such as MeiraGTx Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MeiraGTx Holdings PLC backward and forwards among themselves. MeiraGTx Holdings' institutional investor refers to the entity that pools money to purchase MeiraGTx Holdings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Laurion Capital Management Lp2023-09-30
367.9 K
Alyeska Investment Group, L.p.2023-09-30
330.2 K
Vanguard Group Inc2023-12-31
312.4 K
Northern Trust Corp2023-12-31
244.5 K
Goldman Sachs Group Inc2023-12-31
204.6 K
Bank Of New York Mellon Corp2023-12-31
149.1 K
Wellington Management Company Llp2023-12-31
146.5 K
Millennium Management Llc2023-12-31
135 K
Nuveen Asset Management, Llc2023-12-31
133.6 K
Perceptive Advisors Llc2023-12-31
11.3 M
Johnson & Johnson2023-12-31
6.6 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 398.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MeiraGTx Holdings's market, we take the total number of its shares issued and multiply it by MeiraGTx Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

MeiraGTx Profitablity

MeiraGTx Holdings' profitability indicators refer to fundamental financial ratios that showcase MeiraGTx Holdings' ability to generate income relative to its revenue or operating costs. If, let's say, MeiraGTx Holdings is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, MeiraGTx Holdings' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of MeiraGTx Holdings' profitability requires more research than a typical breakdown of MeiraGTx Holdings' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2024
Return On Capital Employed(0.35)(0.37)
Return On Assets(0.18)(0.19)
Return On Equity(0.61)(0.58)

Management Efficiency

MeiraGTx Holdings PLC has return on total asset (ROA) of (0.2656) % which means that it has lost $0.2656 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6567) %, 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 Capital Employed is likely to drop to -0.37 in 2024. Return On Assets is likely to drop to -0.19 in 2024. At this time, MeiraGTx Holdings' Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to rise to about 7 M in 2024, whereas Total Assets are likely to drop slightly above 265.3 M in 2024.
Last ReportedProjected for 2024
Price Book Value Ratio 2.87  3.01 
Enterprise Value Multiple(2.89)(3.03)
Price Fair Value 2.87  3.01 
The analysis of MeiraGTx Holdings' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze MeiraGTx Holdings' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of MeiraGTx Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.297

Technical Drivers

As of the 29th of March, MeiraGTx Holdings secures the Risk Adjusted Performance of (0.01), standard deviation of 3.8, and Mean Deviation of 2.92. 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. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for MeiraGTx Holdings, which can be compared to its peers in the industry. Please verify MeiraGTx Holdings PLC standard deviation and potential upside to decide if MeiraGTx Holdings PLC is priced some-what accurately, providing market reflects its recent price of 6.07 per share. Given that MeiraGTx Holdings PLC has information ratio of (0.08), we recommend you to check MeiraGTx Holdings's last-minute market performance to make sure the company can sustain itself at a future point.

MeiraGTx Holdings PLC Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. 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.

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

10K
15th of March 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
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8K
14th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
4th of March 2024
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
F3
14th of February 2024
An amendment to the original Schedule 13D filing
ViewVerify
8K
13th of February 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
9th of February 2024
Other Reports
ViewVerify
13A
7th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
18th of January 2024
Other Reports
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 2024
Pretax Profit Margin(5.99)(6.29)
Operating Profit Margin(9.78)(10.27)
Net Loss(5.99)(6.29)
Gross Profit Margin 0.02  0.02 

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
23.6Strong 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 Flow115.5 M
Long Term Debt72.1 M
Common Stock Shares Outstanding56.5 M
Total Stockholder Equity138.2 M
Property Plant And Equipment Net156.2 M
Cash And Short Term Investments129.6 M
Cash129.6 M
Accounts Payable16 M
Net Debt-40.3 M
50 Day M A6.2498
Total Current Liabilities67.1 M
Other Operating Expenses151.1 M
Non Current Assets Total298.5 M
Non Currrent Assets Other1.9 M
Stock Based Compensation27.7 M
When determining whether MeiraGTx Holdings PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MeiraGTx Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meiragtx Holdings Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meiragtx Holdings Plc Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is MeiraGTx Holdings' 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 MeiraGTx Holdings. If investors know MeiraGTx 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 MeiraGTx Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.49)
Revenue Per Share
0.248
Quarterly Revenue Growth
0.06
Return On Assets
(0.27)
Return On Equity
(0.66)
The market value of MeiraGTx Holdings PLC is measured differently than its book value, which is the value of MeiraGTx that is recorded on the company's balance sheet. Investors also form their own opinion of MeiraGTx Holdings' value that differs from its market value or its book value, called intrinsic value, which is MeiraGTx Holdings' 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 MeiraGTx Holdings' market value can be influenced by many factors that don't directly affect MeiraGTx Holdings' 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 MeiraGTx Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if MeiraGTx Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MeiraGTx Holdings' 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.