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Healthcare - Biotechnology - NASDAQ - US
$ 6.48
-2.41 %
$ 502 M
Market Cap
-4.56
P/E
1. INTRINSIC VALUE

MeiraGTx Holdings plc, a clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited blindness, as well as Xerostomia following radiation treatment for head and neck cancers; degenerative diseases; neurodegenerative diseases, such as amyotrophic lateral sclerosis; and Parkinson's diseases. Its programs in clinical development include Phase 1/2 clinical stage programs in Achromatopsia, X-Linked Retinitis Pigmentosa, RPE65-deficiency, and radiation-induced Xerostomia, as well as Parkinson's program. The company also focuses on initiating a clinical program in xerostomia related to Sjogren's syndrome and have preclinical programs in neurodegenerative diseases. It has a research collaboration agreement with Janssen Pharmaceuticals, Inc.[ Read More ]

The intrinsic value of one MGTX stock under the base case scenario is HIDDEN Compared to the current market price of 6.48 USD, MeiraGTx Holdings plc is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MGTX

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FINANCIALS
14 M REVENUE
-11.95%
-137 M OPERATING INCOME
-17.80%
-84 M NET INCOME
35.17%
-105 M OPERATING CASH FLOW
-44.14%
34 M INVESTING CASH FLOW
175.69%
84 M FINANCING CASH FLOW
-11.74%
10.9 M REVENUE
3768.79%
-40 M OPERATING INCOME
12.78%
69.1 M NET INCOME
242.04%
-25 M OPERATING CASH FLOW
-28.61%
-1.31 M INVESTING CASH FLOW
1.13%
50 M FINANCING CASH FLOW
3016.47%
Balance Sheet Decomposition MeiraGTx Holdings plc
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Current Assets 160 M
Cash & Short-Term Investments 130 M
Receivables 23.4 M
Other Current Assets 6.64 M
Non-Current Assets 167 M
Long-Term Investments 6.77 M
PP&E 156 M
Other Non-Current Assets 4.12 M
Current Liabilities 67.1 M
Accounts Payable 16 M
Short-Term Debt 4.19 M
Other Current Liabilities 46.8 M
Non-Current Liabilities 121 M
Long-Term Debt 85.1 M
Other Non-Current Liabilities 36.4 M
EFFICIENCY
Earnings Waterfall MeiraGTx Holdings plc
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Revenue 14 M
Cost Of Revenue 13.7 M
Gross Profit 287 K
Operating Expenses 151 M
Operating Income -137 M
Other Expenses -53 M
Net Income -84 M
RATIOS
2.05% GROSS MARGIN
2.05%
-977.82% OPERATING MARGIN
-977.82%
-599.46% NET MARGIN
-599.46%
-60.81% ROE
-60.81%
-25.72% ROA
-25.72%
-65.18% ROIC
-65.18%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis MeiraGTx Holdings plc
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Net Income -84 M
Depreciation & Amortization 13.7 M
Capital Expenditures -20.2 M
Stock-Based Compensation 27.7 M
Change in Working Capital -983 K
Others -69.9 M
Free Cash Flow -126 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets MeiraGTx Holdings plc
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Wall Street analysts predict an average 1-year price target for MGTX of $9 , with forecasts ranging from a low of $9 to a high of $9 .
MGTX Lowest Price Target Wall Street Target
9 USD 38.89%
MGTX Average Price Target Wall Street Target
9 USD 38.89%
MGTX Highest Price Target Wall Street Target
9 USD 38.89%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership MeiraGTx Holdings plc
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
5 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Aug 12, 2024
Bought 5 M USD
PERCEPTIVE ADVISORS LLC
director, 10 percent owner:
+ 1250000
4 USD
1 year ago
May 05, 2023
Bought 25 M USD
PERCEPTIVE ADVISORS LLC
director, 10 percent owner:
+ 4347826
5.75 USD
2 years ago
Jun 03, 2022
Bought 47.3 USD
Zeldin Robert K
director: CHIEF MEDICAL OFFICER
+ 6
7.89 USD
2 years ago
Jun 03, 2022
Bought 39.5 K USD
Zeldin Robert K
CHIEF MEDICAL OFFICER
+ 4994
7.9 USD
2 years ago
May 25, 2022
Bought 7.94 K USD
Wollin Robert J
director: GENERAL COUNSEL AND SECRETARY
+ 1000
7.94 USD
3 years ago
Nov 16, 2021
Sell 234 K USD
Forbes Alexandria
President and CEO
- 11800
19.82 USD
3 years ago
Nov 16, 2021
Sell 65.7 K USD
Forbes Alexandria
President and CEO
- 3200
20.53 USD
3 years ago
Nov 17, 2021
Sell 298 K USD
Forbes Alexandria
President and CEO
- 15000
19.86 USD
3 years ago
Oct 19, 2021
Sell 26.1 K USD
Giroux Richard
CFO & COO
- 1300
20.07 USD
3 years ago
Oct 20, 2021
Sell 288 K USD
Giroux Richard
CFO & COO
- 13744
20.93 USD
3 years ago
Oct 20, 2021
Sell 148 K USD
Giroux Richard
CFO & COO
- 6956
21.28 USD
3 years ago
Oct 18, 2021
Sell 410 K USD
Forbes Alexandria
President and CEO
- 23821
17.21 USD
3 years ago
Oct 18, 2021
Sell 111 K USD
Forbes Alexandria
President and CEO
- 6179
17.92 USD
3 years ago
Oct 18, 2021
Sell 215 K USD
Naylor Stuart
Chief Development Officer
- 12000
17.95 USD
3 years ago
Jul 20, 2021
Sell 141 K USD
Naylor Stuart
Chief Development Officer
- 9390
15.06 USD
3 years ago
Jul 13, 2021
Sell 39.3 K USD
Naylor Stuart
Chief Development Officer
- 2610
15.04 USD
3 years ago
Jun 07, 2021
Sell 85.2 K USD
Forbes Alexandria
President and CEO
- 5667
15.03 USD
3 years ago
Jun 08, 2021
Sell 303 K USD
Forbes Alexandria
President and CEO
- 20180
15.02 USD
3 years ago
Jun 09, 2021
Sell 62.5 K USD
Forbes Alexandria
President and CEO
- 4153
15.04 USD
3 years ago
Jun 07, 2021
Sell 15.7 K USD
Naylor Stuart
Chief Development Officer
- 1042
15.02 USD
3 years ago
Jun 08, 2021
Sell 75.7 K USD
Naylor Stuart
Chief Development Officer
- 5040
15.01 USD
3 years ago
Apr 28, 2021
Sell 57.1 K USD
Naylor Stuart
Chief Development Officer
- 3772
15.14 USD
3 years ago
Apr 29, 2021
Sell 21.1 K USD
Naylor Stuart
Chief Development Officer
- 1405
15.02 USD
3 years ago
Apr 30, 2021
Sell 11.1 K USD
Naylor Stuart
Chief Development Officer
- 741
15.01 USD
3 years ago
Apr 28, 2021
Sell 57.1 K USD
Naylor Stuart
Chief Development Officer
- 3772
15.14 USD
3 years ago
Apr 29, 2021
Sell 21.1 K USD
Naylor Stuart
Chief Development Officer
- 1405
15.02 USD
3 years ago
Apr 30, 2021
Sell 11.1 K USD
Naylor Stuart
Chief Development Officer
- 741
15.01 USD
3 years ago
Feb 16, 2021
Sell 234 K USD
Forbes Alexandria
President and CEO
- 15000
15.6 USD
3 years ago
Feb 17, 2021
Sell 234 K USD
Forbes Alexandria
President and CEO
- 15000
15.57 USD
3 years ago
Jan 04, 2021
Sell 92.4 K USD
Naylor Stuart
Chief Development Officer
- 6000
15.4 USD
3 years ago
Jan 05, 2021
Sell 92 K USD
Naylor Stuart
Chief Development Officer
- 6000
15.34 USD
4 years ago
Nov 10, 2020
Sell 72.8 K USD
Naylor Stuart
Chief Development Officer
- 4851
15 USD
3 years ago
Dec 17, 2020
Sell 288 K USD
Giroux Richard
CFO & COO
- 18000
16 USD
3 years ago
Dec 17, 2020
Sell 201 K USD
Forbes Alexandria
President and CEO
- 13390
15 USD
3 years ago
Nov 23, 2020
Bought 6.42 M USD
PERCEPTIVE ADVISORS LLC
director, 10 percent owner:
+ 500000
12.85 USD
4 years ago
Nov 17, 2020
Sell 228 K USD
Forbes Alexandria
President and CEO
- 15000
15.17 USD
4 years ago
Nov 18, 2020
Sell 24.2 K USD
Forbes Alexandria
President and CEO
- 1610
15.05 USD
4 years ago
Nov 10, 2020
Sell 217 K USD
Forbes Alexandria
President and CEO
- 14430
15.05 USD
4 years ago
Nov 11, 2020
Sell 40.5 K USD
Forbes Alexandria
President and CEO
- 2698
15.02 USD
4 years ago
Nov 12, 2020
Sell 133 K USD
Forbes Alexandria
President and CEO
- 8891
15.01 USD
4 years ago
Nov 10, 2020
Sell 56.1 K USD
Naylor Stuart
Chief Development Officer
- 3739
15 USD
4 years ago
Nov 10, 2020
Sell 191 K USD
Forbes Alexandria
President and CEO
- 12703
15.05 USD
4 years ago
Nov 11, 2020
Sell 37.5 K USD
Forbes Alexandria
President and CEO
- 2498
15.02 USD
4 years ago
Nov 12, 2020
Sell 118 K USD
Forbes Alexandria
President and CEO
- 7851
15.01 USD
4 years ago
Nov 05, 2020
Sell 124 K USD
Naylor Stuart
Chief Development Officer
- 8282
15.02 USD
4 years ago
Nov 09, 2020
Sell 7.68 K USD
Naylor Stuart
Chief Development Officer
- 512
15 USD
4 years ago
Nov 05, 2020
Sell 59.8 K USD
Forbes Alexandria
President and CEO
- 3981
15.03 USD
4 years ago
Oct 05, 2020
Sell 4.52 K USD
Naylor Stuart
Chief Development Officer
- 301
15 USD
4 years ago
Aug 11, 2020
Sell 104 K USD
MARCUS JOEL S
Director
- 7500
13.86 USD
4 years ago
Aug 12, 2020
Sell 113 K USD
MARCUS JOEL S
Director
- 7959
14.15 USD
4 years ago
Jul 20, 2020
Sell 100 K USD
SHENK THOMAS E
Director
- 6667
15 USD
4 years ago
Jul 20, 2020
Sell 35.3 K USD
Naylor Stuart
Chief Development Officer
- 2356
15 USD
4 years ago
Jul 21, 2020
Sell 116 K USD
Naylor Stuart
Chief Development Officer
- 7698
15.04 USD
4 years ago
May 20, 2020
Sell 92.3 K USD
Giroux Richard
CFO & COO
- 6143
15.03 USD
4 years ago
May 21, 2020
Sell 179 K USD
Giroux Richard
CFO & COO
- 11786
15.16 USD
4 years ago
May 20, 2020
Sell 92.4 K USD
Forbes Alexandria
President & CEO
- 6143
15.04 USD
4 years ago
May 21, 2020
Sell 224 K USD
Forbes Alexandria
President & CEO
- 14732
15.18 USD
4 years ago
May 22, 2020
Sell 139 K USD
Forbes Alexandria
President & CEO
- 9125
15.18 USD
4 years ago
May 13, 2020
Sell 1.09 K USD
Giroux Richard
CFO & COO
- 71
15.38 USD
4 years ago
May 12, 2020
Sell 77.3 K USD
MARCUS JOEL S
Director
- 4900
15.77 USD
4 years ago
May 12, 2020
Sell 348 USD
MARCUS JOEL S
Director
- 22
15.812 USD
4 years ago
May 11, 2020
Sell 32.8 K USD
SHENK THOMAS E
Director
- 2184
15 USD
4 years ago
May 11, 2020
Sell 174 K USD
Naylor Stuart
Chief Development Officer
- 11304
15.39 USD
4 years ago
Apr 20, 2020
Sell 10.4 K USD
Naylor Stuart
Chief Development Officer
- 696
15 USD
4 years ago
Apr 20, 2020
Sell 67.2 K USD
SHENK THOMAS E
Director
- 4482
15 USD
4 years ago
Feb 18, 2020
Sell 107 K USD
Naylor Stuart
Chief Development Officer
- 5831
18.3 USD
4 years ago
Feb 18, 2020
Sell 3.2 K USD
Naylor Stuart
Chief Development Officer
- 169
18.96 USD
4 years ago
Feb 19, 2020
Sell 106 K USD
Naylor Stuart
Chief Development Officer
- 6000
17.6 USD
4 years ago
Jan 28, 2020
Sell 258 K USD
Forbes Alexandria
President & CEO
- 14861
17.35 USD
4 years ago
Jan 28, 2020
Sell 2.49 K USD
Forbes Alexandria
President & CEO
- 139
17.91 USD
4 years ago
Jan 29, 2020
Sell 267 K USD
Forbes Alexandria
President & CEO
- 15000
17.77 USD
4 years ago
Jan 21, 2020
Sell 166 K USD
Giroux Richard
CFO & COO
- 8498
19.51 USD
4 years ago
Jan 21, 2020
Sell 10.2 K USD
Giroux Richard
CFO & COO
- 502
20.32 USD
4 years ago
Jan 22, 2020
Sell 174 K USD
Giroux Richard
CFO & COO
- 9000
19.34 USD
5 years ago
Nov 19, 2019
Bought 81.6 K USD
Seligman Nicole
Director
+ 5000
16.31 USD
5 years ago
Aug 12, 2019
Bought 10 M USD
PERCEPTIVE ADVISORS LLC
director, 10 percent owner:
+ 425531
23.5 USD
5 years ago
Mar 01, 2019
Bought 18 M USD
PERCEPTIVE LIFE SCIENCES MASTER FUND LTD
10 percent owner
+ 1304348
13.8 USD
6 years ago
Jun 12, 2018
Bought 20 M USD
PERCEPTIVE ADVISORS LLC
director, 10 percent owner:
+ 1333333
15 USD
6 years ago
Jun 08, 2018
Bought 761 K USD
PERCEPTIVE ADVISORS LLC
director, 10 percent owner:
+ 50000
15.22 USD
7. News
MeiraGTx Holdings PLC (MGTX) Reports Q3 Loss, Tops Revenue Estimates MeiraGTx Holdings PLC (MGTX) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to loss of $0.74 per share a year ago. zacks.com - 3 days ago
MGTX Stock Up on Upbeat Efficacy Data From Parkinson's Disease Study MeiraGTx stock rises 15% as gene therapy candidate betters sham treatment in Parkinson's disease patients. zacks.com - 1 month ago
MeiraGTx (MGTX) Surges 14.9%: Is This an Indication of Further Gains? MeiraGTx (MGTX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. zacks.com - 1 month ago
MeiraGTx: Positive PD Data Moves Needle Forward For Regulatory Meetings MeiraGTx Holdings plc's GAD gene therapy for Parkinson's Disease shows promising phase 1/2 results, with significant improvements in UPDRS Part 3 and PDQ-39 scores. The company plans to discuss phase 3 study designs with regulatory agencies in Q4 2024, potentially initiating late-stage studies in 2025. MeiraGTx secured $50 million in funding, including a $30 million equity investment from Sanofi, enhancing its financial stability for future developments. seekingalpha.com - 1 month ago
MeiraGTx Announces Poster Presentation on a Potential Treatment for MC4R Genetic Deficiency at the 2024 Society for Neuroscience Conference Results indicate a potent and effective locally delivered AAV-BDNF gene therapy for the treatment of obesity caused by MC4R deficiency Results indicate a potent and effective locally delivered AAV-BDNF gene therapy for the treatment of obesity caused by MC4R deficiency globenewswire.com - 1 month ago
MeiraGTx Holdings PLC (MGTX) Reports Q2 Loss, Lags Revenue Estimates MeiraGTx Holdings PLC (MGTX) came out with a quarterly loss of $0.76 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.53 per share a year ago. zacks.com - 3 months ago
MeiraGTx Announces $50 Million Offering of Ordinary Shares led by Sanofi and Reports Second Quarter 2024 Financial and Operational Results - Positive data from the Phase 1 AQUAx study in radiation-induced xerostomia (RIX) presented at the American Academy of Oral Medicine 2024 annual meeting (AAOM) showed meaningful improvements in patient-reported outcomes and saliva production with AAV2-hAQP1 treatment globenewswire.com - 3 months ago
MeiraGTx Announces Pricing of Offering of Ordinary Shares Led by Sanofi LONDON and NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- MeiraGTx Holdings plc (Nasdaq: MGTX), a vertically integrated, clinical stage genetic medicine company, today announced the pricing of an underwritten offering of 12,500,000 of its ordinary shares at an offering price of $4.00 per share. Gross proceeds to MeiraGTx from the offering are expected to be $50 million, before deducting underwriting discounts and commissions and offering expenses. All of the ordinary shares in the offering are being sold by MeiraGTx. globenewswire.com - 3 months ago
5 Penny Stocks With 250% Upside in 1 Year According to Wall Street Penny stocks represent an interesting investment opportunity. 247wallst.com - 3 months ago
MeiraGTx: A Very Attractive Longer-Term Play, With Potential Near-Term Catalysts Bota-vec sale to JNJ/Janssen is complete – cash & future milestones from the deal should carry MeiraGTx through the next catalysts. The partnership with Sanofi strengthens the balance sheet and helps validate technology platforms. MGTX is no longer just an ocular GTx (gene therapy) company - its GTx for radiation-induced xerostomia has a high potential for success. seekingalpha.com - 4 months ago
MeiraGTx Reports First Quarter 2024 Financial and Operational Results - Positive data from the Phase 1 AQUAx study in radiation-induced xerostomia (RIX) presented in an oral session at the American Academy of Oral Medicine 2024 annual meeting (AAOM) April 17-20, 2024 globenewswire.com - 6 months ago
MeiraGTx to Participate in Upcoming Investor Conferences LONDON and NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- MeiraGTx Holdings plc (NASDAQ: MGTX), a vertically integrated, clinical stage gene therapy company, today announced that Alexandria Forbes, Ph.D., President and Chief Executive Officer, will participate in the following investor conferences: globenewswire.com - 6 months ago
8. Profile Summary

MeiraGTx Holdings plc MGTX

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 502 M
Dividend Yield 0.00%
Description MeiraGTx Holdings plc, a clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited blindness, as well as Xerostomia following radiation treatment for head and neck cancers; degenerative diseases; neurodegenerative diseases, such as amyotrophic lateral sclerosis; and Parkinson's diseases. Its programs in clinical development include Phase 1/2 clinical stage programs in Achromatopsia, X-Linked Retinitis Pigmentosa, RPE65-deficiency, and radiation-induced Xerostomia, as well as Parkinson's program. The company also focuses on initiating a clinical program in xerostomia related to Sjogren's syndrome and have preclinical programs in neurodegenerative diseases. It has a research collaboration agreement with Janssen Pharmaceuticals, Inc. to develop regulatable gene therapy treatment using the company's proprietary riboswitch technology. MeiraGTx Holdings plc was incorporated in 2015 and is based in New York, New York.
Contact 430 East 29th Street, New York, NY, 10016 https://www.meiragtx.com
IPO Date June 8, 2018
Employees 387
Officers Dr. Robert K. Zeldin M.D. Chief Medical Officer Dr. Alexandria Forbes Ph.D. Chief Executive Officer, President & Director Mr. Richard Brian Giroux B.A. Chief Operating Officer & Chief Financial Officer Dr. Stuart Naylor Ph.D. Chief Development Officer Mr. Robert J. Wollin J.D. General Counsel & Secretary Dr. Michel Michaelides M.D. Head of Clinical Ophthalmology Ms. Christine Elise Sheehy Senior Vice President of Global Integration Mr. Tim Randall Senior Vice President of Risk & Internal Controls Dr. Alastair Leighton Ph.D. Senior Vice President of Manufacturing & Supply Chain