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Healthcare - Biotechnology - NASDAQ - GB
$ 3.53
-7.59 %
$ 591 M
Market Cap
-11.77
P/E
1. INTRINSIC VALUE

Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of oncology and rare diseases in the United Kingdom and internationally. Its lead product candidate, etigilimab (OMP-313M32), an antibody T-cell immunoreceptor with Ig and ITIM domains, which is in Phase 1b clinical trial for the treatment of tumor. The company is also developing Navicixizumab (OMP-305B83), which has completed Phase 1b clinical trials for the treatment of the late line ovarian cancer; Acumapimod (BCT-197), a p38 MAP kinase inhibitor that is in Phase II clinical trials to treat acute exacerbations of chronic obstructive pulmonary disease; and Leflutrozole (BGS-649), an oral aromatase inhibitor for the treatment of hypogonadotropic hypogonadism.[ Read More ]

The intrinsic value of one MREO stock under the base case scenario is HIDDEN Compared to the current market price of 3.53 USD, Mereo BioPharma Group plc is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MREO

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FINANCIALS
10 M REVENUE
563.57%
-28.4 M OPERATING INCOME
34.78%
-29.5 M NET INCOME
18.36%
-21.1 M OPERATING CASH FLOW
45.56%
-419 K INVESTING CASH FLOW
-27.99%
7.97 M FINANCING CASH FLOW
1116.96%
0 REVENUE
0.00%
-9.37 M OPERATING INCOME
26.85%
-15 M NET INCOME
-22.32%
-7.51 M OPERATING CASH FLOW
5.05%
219 INVESTING CASH FLOW
-78.12%
-609 K FINANCING CASH FLOW
-1.30%
Balance Sheet Decomposition Mereo BioPharma Group plc
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Current Assets 63.8 M
Cash & Short-Term Investments 57.4 M
Receivables 3.73 M
Other Current Assets 2.61 M
Non-Current Assets 2.74 M
Long-Term Investments 0
PP&E 1.65 M
Other Non-Current Assets 1.09 M
Current Liabilities 9.49 M
Accounts Payable 2.35 M
Short-Term Debt 1.3 M
Other Current Liabilities 5.84 M
Non-Current Liabilities 6.48 M
Long-Term Debt 5.3 M
Other Non-Current Liabilities 1.18 M
EFFICIENCY
Earnings Waterfall Mereo BioPharma Group plc
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Revenue 10 M
Cost Of Revenue 2.57 M
Gross Profit 7.43 M
Operating Expenses 35.8 M
Operating Income -28.4 M
Other Expenses 1.05 M
Net Income -29.5 M
RATIOS
74.26% GROSS MARGIN
74.26%
-284.16% OPERATING MARGIN
-284.16%
-294.66% NET MARGIN
-294.66%
-58.31% ROE
-58.31%
-44.31% ROA
-44.31%
-50.22% ROIC
-50.22%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Mereo BioPharma Group plc
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Net Income -29.5 M
Depreciation & Amortization 1.06 M
Capital Expenditures -419 K
Stock-Based Compensation 4.92 M
Change in Working Capital 0
Others 300 K
Free Cash Flow -21.6 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Mereo BioPharma Group plc
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Wall Street analysts predict an average 1-year price target for MREO of $7.25 , with forecasts ranging from a low of $6 to a high of $8 .
MREO Lowest Price Target Wall Street Target
6 USD 69.97%
MREO Average Price Target Wall Street Target
7.25 USD 105.38%
MREO Highest Price Target Wall Street Target
8 USD 126.63%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Mereo BioPharma Group plc
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Sold
0-3 MONTHS
1.81 M USD 6
3-6 MONTHS
1.27 M USD 5
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 12, 2024
Sell 128 K USD
Scots-Knight Denise
Chief Executive Officer
- 28611
4.4727 USD
2 months ago
Sep 13, 2024
Sell 253 K USD
Scots-Knight Denise
Chief Executive Officer
- 60046
4.221 USD
2 months ago
Sep 12, 2024
Sell 23.3 K USD
Lewicki John A.
Chief Scientific Officer
- 5212
4.4727 USD
2 months ago
Sep 13, 2024
Sell 46.2 K USD
Lewicki John A.
Chief Scientific Officer
- 10937
4.221 USD
2 months ago
Sep 12, 2024
Sell 44.6 K USD
Sermon Charles
General Counsel
- 9980
4.4727 USD
2 months ago
Sep 13, 2024
Sell 88.4 K USD
Sermon Charles
General Counsel
- 20946
4.221 USD
2 months ago
Sep 12, 2024
Sell 40.8 K USD
Fox Christine Ann
Chief Financial Officer
- 9128
4.4727 USD
2 months ago
Sep 13, 2024
Sell 80.9 K USD
Fox Christine Ann
Chief Financial Officer
- 19158
4.221 USD
2 months ago
Sep 12, 2024
Sell 34.7 K USD
Hughes-Wilson Alexandra
See Remarks
- 7769
4.4727 USD
2 months ago
Sep 12, 2024
Sell 179 K USD
Hughes-Wilson Alexandra
See Remarks
- 40029
4.4727 USD
2 months ago
Sep 13, 2024
Sell 68.8 K USD
Hughes-Wilson Alexandra
See Remarks
- 16304
4.221 USD
2 months ago
Sep 13, 2024
Sell 355 K USD
Hughes-Wilson Alexandra
See Remarks
- 84008
4.221 USD
2 months ago
Aug 22, 2024
Sell 466 K USD
PAKIANATHAN DEEPIKA
Director
- 105244
4.4298 USD
4 months ago
Jun 25, 2024
Sell 52.5 K USD
Sermon Charles
General Counsel
- 14202
3.6939 USD
4 months ago
Jun 26, 2024
Sell 109 K USD
Sermon Charles
General Counsel
- 32187
3.3932 USD
4 months ago
Jun 25, 2024
Sell 27.4 K USD
Lewicki John A.
Chief Scientific Officer
- 7416
3.6939 USD
4 months ago
Jun 26, 2024
Sell 57 K USD
Lewicki John A.
Chief Scientific Officer
- 16808
3.3932 USD
4 months ago
Jun 25, 2024
Sell 48 K USD
Fox Christine Ann
Chief Financial Officer
- 12990
3.6939 USD
4 months ago
Jun 26, 2024
Sell 99.9 K USD
Fox Christine Ann
Chief Financial Officer
- 29439
3.3932 USD
4 months ago
Jun 25, 2024
Sell 150 K USD
Scots-Knight Denise
Chief Executive Officer
- 40712
3.6939 USD
4 months ago
Jun 26, 2024
Sell 313 K USD
Scots-Knight Denise
Chief Executive Officer
- 92273
3.3932 USD
4 months ago
Jun 25, 2024
Sell 37.4 K USD
Hughes-Wilson Alexandra
See Remarks
- 10134
3.6939 USD
4 months ago
Jun 26, 2024
Sell 77.9 K USD
Hughes-Wilson Alexandra
See Remarks
- 22968
3.3932 USD
5 months ago
May 22, 2024
Sell 151 K USD
Hughes-Wilson Alexandra
See Remarks
- 50350
2.99 USD
5 months ago
May 22, 2024
Sell 147 K USD
Hughes-Wilson Alexandra
See Remarks
- 50082
2.94 USD
7. News
Mereo BioPharma to Participate in Fireside Chat at the Jefferies London Healthcare Conference LONDON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced that Dr. Denise Scots-Knight, Chief Executive Officer, will participate in a Fireside Chat at the Jefferies London Healthcare Conference on Tuesday, November 19, 2024, at 10:30am ET / 03:30pm GMT. globenewswire.com - 2 days ago
Mereo BioPharma Reports Third Quarter 2024 Financial Results and Provides Corporate Update Setrusumab receives Breakthrough Therapy designation from the FDA Cash of $80.5 million as of September 30, 2024, expected to fund operations into 2027 LONDON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced its financial results for the third quarter ended September 30, 2024, and provided an update on recent corporate highlights. The Company reported cash and cash equivalents of $80.5 million as of September 30, 2024, which the Company believes will provide runway into 2027, through multiple key inflection points. globenewswire.com - 4 days ago
Verde's assays of over 1,500m of drilling find rare earths up to 12,487 ppm TREO and 3,357 ppm MREO Results from 13 new holes show an 89m thick mineralized zone with grades up to 3,706 ppm TREO and 839 ppm MREO Results from 13 new holes show an 89m thick mineralized zone with grades up to 3,706 ppm TREO and 839 ppm MREO globenewswire.com - 2 weeks ago
Mereo BioPharma to Participate in Fireside Chat at the 2024 Cantor Global Healthcare Conference LONDON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced that Dr. Denise Scots-Knight, Chief Executive Officer, will participate in a Fireside Chat at the 2024 Cantor Global Healthcare Conference on Wednesday, September 18, 2024, at 10:55am ET / 03:55pm BST. globenewswire.com - 2 months ago
Mereo BioPharma Reports Second Quarter 2024 Financial Results and Provides Corporate Update Phase 3 Orbit and Cosmic studies of setrusumab in OI, conducted by our partner Ultragenyx, fully enrolled New long-term Phase 2 data from the Phase 2/3 Orbit study demonstrated continued reduction in fracture rates Cash of $87.4 million as of June 30, 2024 expected to fund operations into 2027 LONDON, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced its financial results for the second quarter ended June 30, 2024, and provided an update on recent corporate highlights. The Company reported cash and cash equivalents of $87.4 million as of June 30, 2024, which includes the net proceeds of the Company's $50 million registered direct offering in June 2024. globenewswire.com - 3 months ago
Mereo BioPharma Announces Pricing of $50 Million Underwritten Registered Direct Offering of American Depository Shares, Priced At-the-Market LONDON, June 14, 2024 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced the pricing of an underwritten offering of 12,531,300 of its American Depositary Shares (“ADSs”). Each ADS is being sold at a price of $3.99 per ADS in an underwritten registered direct offering priced at-the-market under Nasdaq rules. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be approximately $50.0 million. Each ADS represents five ordinary shares of Mereo. The net proceeds of this offering are expected to be used to fund the setrusumab program, including supply and pre-launch activities in Europe, and for working capital and other general corporate purposes. The offering is expected to close on or about June 17, 2024, subject to the satisfaction of customary closing conditions. globenewswire.com - 5 months ago
Mereo BioPharma to Participate in Fireside Chat at the Jefferies Global Healthcare Conference LONDON, May 30, 2024 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced that Dr. Denise Scots-Knight, Chief Executive Officer, will participate in a Fireside Chat at the Jefferies Global Healthcare Conference on Thursday, June 6, 2024, at 11:00am ET / 04:00pm BST. globenewswire.com - 5 months ago
Equities Analysts Offer Predictions for Mereo BioPharma Group plc’s Q2 2024 Earnings (NASDAQ:MREO) Mereo BioPharma Group plc (NASDAQ:MREO – Free Report) – Equities researchers at Leerink Partnrs issued their Q2 2024 earnings per share estimates for shares of Mereo BioPharma Group in a report released on Wednesday, May 15th. Leerink Partnrs analyst J. Schwartz forecasts that the company will earn ($0.01) per share for the quarter. The consensus estimate for Mereo BioPharma Group’s current full-year earnings is $0.03 per share. Leerink Partnrs also issued estimates for Mereo BioPharma Group’s Q3 2024 earnings at ($0.01) EPS, Q4 2024 earnings at $0.16 EPS and FY2025 earnings at $0.03 EPS. MREO has been the subject of a number of other research reports. Cantor Fitzgerald restated an “overweight” rating and set a $7.00 price objective on shares of Mereo BioPharma Group in a research report on Thursday. Needham & Company LLC restated a “buy” rating and set a $6.00 price objective on shares of Mereo BioPharma Group in a research report on Thursday. Get Our Latest Report on Mereo BioPharma Group Mereo BioPharma Group Stock Performance Shares of Mereo BioPharma Group stock opened at $3.20 on Monday. The business has a 50-day moving average price of $3.04 and a 200-day moving average price of $2.90. The company has a debt-to-equity ratio of 0.09, a quick ratio of 6.72 and a current ratio of 6.72. Mereo BioPharma Group has a twelve month low of $0.92 and a twelve month high of $4.36. Institutional Trading of Mereo BioPharma Group Institutional investors have recently added to or reduced their stakes in the company. Advisors Preferred LLC bought a new stake in Mereo BioPharma Group in the first quarter worth about $28,000. SG Americas Securities LLC bought a new stake in Mereo BioPharma Group in the first quarter worth about $54,000. BNP Paribas Financial Markets lifted its stake in Mereo BioPharma Group by 581,066.7% in the first quarter. BNP Paribas Financial Markets now owns 17,435 shares of the company’s stock worth $58,000 after purchasing an additional 17,432 shares during the last quarter. Golden State Equity Partners lifted its stake in Mereo BioPharma Group by 41.0% in the fourth quarter. Golden State Equity Partners now owns 20,300 shares of the company’s stock worth $47,000 after purchasing an additional 5,900 shares during the last quarter. Finally, Index Fund Advisors Inc. bought a new stake in Mereo BioPharma Group in the first quarter worth about $99,000. Institutional investors own 62.83% of the company’s stock. About Mereo BioPharma Group (Get Free Report) Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of oncology and rare diseases in the United Kingdom, the United States, and internationally. It develops Etigilimab (MPH-313), an antibody T-cell immunoreceptor with Ig and ITIM domains, which is in Phase 1b clinical trial for the treatment of tumors. https://www.defenseworld.net - 5 months ago
Mereo BioPharma Reports First Quarter 2024 Financial Results and Provides Corporate Update LONDON, May 15, 2024 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced its financial results for the first quarter ended March 31, 2024, and provided an update on recent corporate highlights. The Company reported cash and cash equivalents of $48.7 million as of March 31, 2024 and continues to expect this to fund its operations into 2026. globenewswire.com - 6 months ago
MEREO BIOPHARMA (MREO) Loses -12.74% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner The heavy selling pressure might have exhausted for MEREO BIOPHARMA (MREO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. zacks.com - 7 months ago
Mereo BioPharma to Participate in Fireside Chat at the 23rd Annual Needham Virtual Healthcare Conference LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced that Dr. Denise Scots-Knight, Chief Executive Officer, will participate in a Fireside Chat at the 23rd Annual Needham Virtual Healthcare Conference on Tuesday, April 9, 2024, at 10:15am ET / 03:15pm BST. globenewswire.com - 7 months ago
Mereo BioPharma Reports Full Year 2023 Financial Results and Provides Corporate Update Phase 2/3 Orbit Study and Phase 3 Cosmic Study of setrusumab in Osteogenesis Imperfecta expected to complete enrollment around the end of first quarter and in the first half of 2024, respectively globenewswire.com - 7 months ago
8. Profile Summary

Mereo BioPharma Group plc MREO

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COUNTRY GB
INDUSTRY Biotechnology
MARKET CAP $ 591 M
Dividend Yield 0.00%
Description Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of oncology and rare diseases in the United Kingdom and internationally. Its lead product candidate, etigilimab (OMP-313M32), an antibody T-cell immunoreceptor with Ig and ITIM domains, which is in Phase 1b clinical trial for the treatment of tumor. The company is also developing Navicixizumab (OMP-305B83), which has completed Phase 1b clinical trials for the treatment of the late line ovarian cancer; Acumapimod (BCT-197), a p38 MAP kinase inhibitor that is in Phase II clinical trials to treat acute exacerbations of chronic obstructive pulmonary disease; and Leflutrozole (BGS-649), an oral aromatase inhibitor for the treatment of hypogonadotropic hypogonadism. In addition, it develops rare disease product candidates, including Setrusumab (BPS-804), a novel antibody for the treatment of osteogenesis imperfecta; and Alvelestat (MPH-966), an oral small molecule that is in Phase II clinical trial to treat Alpha-1 antitrypsin deficiency. The company has a collaboration with The University of Texas MD Anderson Cancer Center to evaluate anti-TIGIT therapeutic antibody candidate, etigilimab. Mereo BioPharma Group plc was incorporated in 2015 and is based in London, the United Kingdom.
Contact One Cavendish Place, London, W1G 0QF https://www.mereobiopharma.com
IPO Date April 24, 2019
Employees 33
Officers Dr. John P. Richard M.B.A. Co-Founder & Chief Business Officer Dr. Denise Vera Scots-Knight Ph.D. Co-Founder, Chief Executive Officer & Executive Director Mr. Charles Edward Sermon Co-Founder, General Counsel, Business Development & Company Secretary Mr. Bo Kara Senior Vice President and Head of Pharmaceutical Development & CMC Ms. Christine Fox CPA Chief Financial Officer Dr. Suba Krishnan Senior Vice President of Clinical Development Dr. John A. Lewicki Ph.D. Chief Scientific Officer Dr. Jackie Parkin Senior Vice President & Therapeutic Head Ms. Alexandra Hughes-Wilson Chief of Patient Access & Commercial Planning