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Healthcare - Biotechnology - NASDAQ - NL
$ 46.58
-6.2 %
$ 3.19 B
Market Cap
-11.56
P/E
1. INTRINSIC VALUE

Merus N.V., a clinical-stage immuno-oncology company, engages in the discovery and development of bispecific antibody therapeutics in the Netherlands. Its bispecific antibody candidate pipeline includes Zenocutuzumab (MCLA-128), which is in a phase 2 clinical trials for the treatment of patients with metastatic breast cancer, as well as in Phase 1/2 clinical trials for the treatment of solid tumors that harbor Neuregulin 1. The company is also developing MCLA-158, which is in a phase I clinical trial for the treatment of solid tumors; MCLA-145, which is in phase 1 clinical trials for the treatment of solid tumors; MCLA-129, which is in phase 1/2 clinical trials for the treatment of patients with advanced non-small cell lung cancer and other solid tumors; and ONO-4685 that is Phase 1 clinical trial to treat relapsed/refractory T cell lymphoma.[ Read More ]

The intrinsic value of one MRUS stock under the base case scenario is HIDDEN Compared to the current market price of 46.6 USD, Merus N.V. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MRUS

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FINANCIALS
43.9 M REVENUE
5.68%
-157 M OPERATING INCOME
2.18%
-155 M NET INCOME
-18.10%
-142 M OPERATING CASH FLOW
5.13%
-27 M INVESTING CASH FLOW
-964.31%
230 M FINANCING CASH FLOW
291.71%
11.8 M REVENUE
60.56%
-72.2 M OPERATING INCOME
-12.21%
-99.9 M NET INCOME
-99.64%
-80.6 M OPERATING CASH FLOW
-1392.16%
-134 M INVESTING CASH FLOW
-4092.21%
12.8 M FINANCING CASH FLOW
-97.11%
Balance Sheet Decomposition Merus N.V.
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Current Assets 369 M
Cash & Short-Term Investments 355 M
Receivables 3.98 M
Other Current Assets 9.66 M
Non-Current Assets 89.7 M
Long-Term Investments 57.3 M
PP&E 23.5 M
Other Non-Current Assets 8.87 M
Current Liabilities 69.1 M
Accounts Payable 4.6 M
Short-Term Debt 1.67 M
Other Current Liabilities 62.8 M
Non-Current Liabilities 33.1 M
Long-Term Debt 10.5 M
Other Non-Current Liabilities 22.6 M
EFFICIENCY
Earnings Waterfall Merus N.V.
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Revenue 43.9 M
Cost Of Revenue 127 M
Gross Profit -83.5 M
Operating Expenses 200 M
Operating Income -157 M
Other Expenses -1.61 M
Net Income -155 M
RATIOS
-189.91% GROSS MARGIN
-189.91%
-356.22% OPERATING MARGIN
-356.22%
-352.56% NET MARGIN
-352.56%
-43.48% ROE
-43.48%
-33.79% ROA
-33.79%
-44.86% ROIC
-44.86%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Merus N.V.
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Net Income -155 M
Depreciation & Amortization 2.54 M
Capital Expenditures -3.98 M
Stock-Based Compensation 26.2 M
Change in Working Capital -25.8 M
Others -14.7 M
Free Cash Flow -146 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Merus N.V.
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Wall Street analysts predict an average 1-year price target for MRUS of $80.7 , with forecasts ranging from a low of $58 to a high of $99 .
MRUS Lowest Price Target Wall Street Target
58 USD 24.52%
MRUS Average Price Target Wall Street Target
80.7 USD 73.31%
MRUS Highest Price Target Wall Street Target
99 USD 112.54%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Merus N.V.
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Sold
0-3 MONTHS
135 K USD 1
3-6 MONTHS
4.9 M USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
583 K USD 2
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
Aug 21, 2024
Sell 135 K USD
Shuman Harry
VP Controller, PAO
- 2500
54 USD
4 months ago
Jun 27, 2024
Sell 600 K USD
Silverman Peter B.
COO & GC
- 10000
60 USD
5 months ago
Jun 17, 2024
Sell 3.5 M USD
Silverman Peter B.
COO & GC
- 62000
56.519 USD
5 months ago
Jun 10, 2024
Sell 53.2 K USD
Shuman Harry
VP Controller, PAO
- 1000
53.224 USD
5 months ago
Jun 12, 2024
Sell 422 K USD
Shuman Harry
VP Controller, PAO
- 7300
57.84 USD
5 months ago
Jun 04, 2024
Sell 53.1 K USD
Shuman Harry
VP Controller, PAO
- 1000
53.124 USD
5 months ago
Jun 04, 2024
Sell 264 K USD
Shuman Harry
VP Controller, PAO
- 5000
52.846 USD
10 months ago
Dec 19, 2023
Sell 3.07 K USD
Shuman Harry
VP Controller, PAO
- 115
26.68 USD
11 months ago
Dec 15, 2023
Sell 560 K USD
Silverman Peter B.
COO & GC
- 22386
25 USD
11 months ago
Dec 08, 2023
Sell 6.11 K USD
Shuman Harry
VP Controller, PAO
- 250
24.44 USD
11 months ago
Dec 01, 2023
Sell 14.1 K USD
Shuman Harry
VP Controller, PAO
- 575
24.58 USD
1 year ago
Jun 01, 2023
Sell 12.4 K USD
Shuman Harry
VP Controller, PAO
- 575
21.48 USD
1 year ago
Dec 13, 2022
Sell 2.33 K USD
Shuman Harry
VP Controller, PAO
- 168
13.85 USD
1 year ago
Dec 01, 2022
Sell 8.83 K USD
Shuman Harry
VP Controller, PAO
- 575
15.35 USD
2 years ago
Nov 03, 2022
Bought 211 K USD
Lundberg Sven Ante
President, CEO & PFO
+ 14706
14.3772 USD
2 years ago
Aug 25, 2022
Sell 4.01 K USD
Shuman Harry
VP Controller, PAO
- 165
24.33 USD
2 years ago
Aug 22, 2022
Bought 134 K USD
Lundberg Sven Ante
President, CEO & PFO
+ 5826
22.9245 USD
2 years ago
Aug 19, 2022
Bought 16.2 K USD
Lundberg Sven Ante
President, CEO & PFO
+ 704
22.9928 USD
2 years ago
Jul 12, 2022
Bought 99.7 K USD
Lundberg Sven Ante
President, CEO & PFO
+ 4340
22.9688 USD
2 years ago
Jun 01, 2022
Sell 10.5 K USD
Shuman Harry
VP Controller, PAO
- 575
18.31 USD
2 years ago
Mar 10, 2022
Sell 1.62 M USD
Silverman Peter B.
EVP, GC and Head of Utrecht
- 60000
26.95 USD
3 years ago
Oct 07, 2021
Sell 14.6 M USD
BVF PARTNERS L P/IL
10 percent owner
- 530999
27.5311 USD
3 years ago
Oct 08, 2021
Sell 2.22 M USD
BVF PARTNERS L P/IL
10 percent owner
- 80011
27.7865 USD
3 years ago
Oct 07, 2021
Sell 10.6 M USD
BVF PARTNERS L P/IL
10 percent owner
- 384914
27.5311 USD
3 years ago
Oct 08, 2021
Sell 1.62 M USD
BVF PARTNERS L P/IL
10 percent owner
- 58327
27.7865 USD
3 years ago
Oct 07, 2021
Sell 1.91 M USD
BVF PARTNERS L P/IL
10 percent owner
- 69534
27.5311 USD
3 years ago
Oct 08, 2021
Sell 248 K USD
BVF PARTNERS L P/IL
10 percent owner
- 8929
27.7865 USD
3 years ago
Aug 12, 2021
Sell 53.9 K USD
de Kruif John
SVP & Chief Technology Officer
- 2787
19.34 USD
3 years ago
Jul 02, 2021
Sell 23 M USD
BVF PARTNERS L P/IL
10 percent owner
- 1106478
20.75 USD
3 years ago
Jul 02, 2021
Sell 19.3 M USD
BVF PARTNERS L P/IL
10 percent owner
- 928739
20.75 USD
3 years ago
Jul 02, 2021
Sell 3.13 M USD
BVF PARTNERS L P/IL
10 percent owner
- 150805
20.75 USD
3 years ago
Jul 01, 2021
Sell 44.3 K USD
Bakker Lex
SVP, Chief Development Officer
- 2100
21.075 USD
3 years ago
Jul 01, 2021
Sell 25.2 K USD
Bakker Lex
SVP, Chief Development Officer
- 1200
21.02 USD
3 years ago
Jul 01, 2021
Sell 11.8 K USD
Bakker Lex
SVP, Chief Development Officer
- 560
21 USD
3 years ago
Mar 30, 2021
Bought 3.26 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 165000
19.75 USD
3 years ago
Mar 30, 2021
Bought 2.14 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 108106
19.75 USD
3 years ago
Mar 30, 2021
Bought 531 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 26894
19.75 USD
3 years ago
Mar 22, 2021
Bought 1.63 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 71756
22.75 USD
3 years ago
Mar 22, 2021
Bought 176 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 7744
22.75 USD
3 years ago
Mar 16, 2021
Bought 1.22 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 53061
22.9996 USD
3 years ago
Mar 16, 2021
Bought 4.5 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 195768
22.9996 USD
3 years ago
Mar 16, 2021
Bought 26.9 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 1171
22.9996 USD
3 years ago
Jan 21, 2021
Bought 11.3 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 457814
24.75 USD
3 years ago
Jan 21, 2021
Bought 8.5 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 343444
24.75 USD
3 years ago
Jan 21, 2021
Bought 1.07 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 43422
24.75 USD
3 years ago
Dec 18, 2020
Bought 1.85 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 114968
16.05 USD
3 years ago
Dec 18, 2020
Bought 723 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 45032
16.05 USD
4 years ago
Sep 15, 2020
Bought 914 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 77751
11.75 USD
4 years ago
Sep 15, 2020
Bought 690 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 58745
11.75 USD
4 years ago
Sep 15, 2020
Bought 121 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 10258
11.75 USD
4 years ago
Sep 10, 2020
Bought 1.11 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 100461
11.0982 USD
4 years ago
Sep 10, 2020
Bought 848 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 76374
11.0982 USD
4 years ago
Sep 10, 2020
Bought 142 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 12816
11.0982 USD
4 years ago
Sep 03, 2020
Bought 1.17 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 104827
11.17 USD
4 years ago
Sep 03, 2020
Bought 924 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 82740
11.17 USD
4 years ago
Sep 03, 2020
Bought 160 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 14339
11.17 USD
4 years ago
Jul 07, 2020
Sell 5.69 K USD
Throsby Mark
EVP & Chief Scientific Officer
- 368
15.46 USD
4 years ago
Jun 08, 2020
Bought 714 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 46966
15.2 USD
4 years ago
Jun 08, 2020
Bought 506 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 33321
15.2 USD
4 years ago
Jun 08, 2020
Bought 106 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 6967
15.2 USD
4 years ago
Jun 02, 2020
Sell 5.22 K USD
Throsby Mark
EVP & Chief Scientific Officer
- 368
14.19 USD
4 years ago
Jun 01, 2020
Bought 11.3 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 806443
14 USD
4 years ago
Jun 01, 2020
Bought 7.87 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 561966
14 USD
4 years ago
Jun 01, 2020
Bought 1.32 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 94101
14 USD
4 years ago
May 06, 2020
Sell 5.35 K USD
Throsby Mark
EVP & Chief Scientific Officer
- 368
14.54 USD
4 years ago
Apr 02, 2020
Sell 4.02 K USD
Throsby Mark
EVP & Chief Scientific Officer
- 368
10.93 USD
4 years ago
Mar 04, 2020
Sell 6.66 K USD
Throsby Mark
EVP & Chief Scientific Officer
- 368
18.1 USD
4 years ago
Feb 24, 2020
Sell 1.01 M USD
Throsby Mark
EVP & Chief Scientific Officer
- 57088
17.74 USD
4 years ago
Feb 18, 2020
Sell 24.1 K USD
de Kruif John
SVP & Chief Technology Officer
- 1268
18.98 USD
4 years ago
Jan 16, 2020
Bought 2.37 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 146442
16.15 USD
4 years ago
Jan 16, 2020
Bought 1.82 M USD
BVF PARTNERS L P/IL
10 percent owner
+ 112561
16.15 USD
4 years ago
Jan 16, 2020
Bought 319 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 19727
16.15 USD
4 years ago
Jan 13, 2020
Bought 801 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 53448
14.9784 USD
4 years ago
Jan 13, 2020
Bought 376 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 25108
14.9784 USD
4 years ago
Jan 13, 2020
Bought 81 K USD
BVF PARTNERS L P/IL
10 percent owner
+ 5406
14.9784 USD
7. News
Merus to Present at Upcoming Investor Conferences UTRECHT, The Netherlands and CAMBRIDGE, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Merus N.V. (Nasdaq: MRUS), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics®), today announced that Bill Lundberg, M.D., President, Chief Executive Officer of Merus, will participate in the following investor conferences: globenewswire.com - 1 week ago
Merus: Petosemtamab Set Up For December 2024 Data Presentation Merus is nearing a major milestone with zenocutuzumab's potential FDA approval for NRG1+ NSCLC/PDAC, with a PDUFA date of February 4, 2025. Petosemtamab, targeting 1st and 2nd-line HNSCC, shows promise with updated data to be presented at ESMO Asia Congress in December 2024. Financially stable with $782.9 million in cash, Merus has strategic partnerships with Gilead, Eli Lilly, Incyte, and Ono Pharmaceutical, funding operations into 2028. seekingalpha.com - 1 week ago
Merus Receives FDA extension of PDUFA for zenocutuzumab UTRECHT, The Netherlands and CAMBRIDGE, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Merus N.V. (Nasdaq: MRUS) (Merus, the Company, we, or our), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics®), today announced that the United States Food and Drug Administration (FDA) has extended the Prescription Drug User Fee Act (PDUFA) goal date for zenocutuzumab (Zeno) Biologics License Application (BLA) currently under priority review. globenewswire.com - 1 week ago
Merus N.V. (MRUS) Reports Q3 Loss, Tops Revenue Estimates Merus N.V. (MRUS) came out with a quarterly loss of $0.95 per share versus the Zacks Consensus Estimate of a loss of $0.90. This compares to loss of $0.43 per share a year ago. zacks.com - 2 weeks ago
Merus Announces Financial Results for the Third Quarter 2024 and Provides Business Update UTRECHT, The Netherlands and CAMBRIDGE, Mass., Oct. 31, 2024 (GLOBE NEWSWIRE) --  Merus N.V. (Nasdaq: MRUS) (Merus, the Company, we, or our), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics®), today announced financial results for the third quarter and provided a business update. globenewswire.com - 2 weeks ago
Merus: Great European Oncology Developer, But Properly Valued Merus NV has seen a significant increase in market cap from $852mn to $3.46bn in the past year. Merus is a leader in developing multispecific antibodies with promising lead candidates petosemtamab and zenocutuzumab targeting various cancers. Merus has strong financials, and partnerships with major companies like Gilead, Incyte, and Eli Lilly, but faces risks due to its current valuation and assumptions about pipeline success. seekingalpha.com - 3 months ago
Merus N.V. (MRUS) Reports Q2 Loss, Lags Revenue Estimates Merus N.V. (MRUS) came out with a quarterly loss of $0.81 per share versus the Zacks Consensus Estimate of a loss of $0.76. This compares to loss of $0.66 per share a year ago. zacks.com - 3 months ago
Merus Announces Financial Results for the Second Quarter 2024 and Provides Business Update – Petosemtamab in combination with pembrolizumab interim data presented at 2024 ASCO® demonstrated robust 67% response rate among 24 evaluable patients globenewswire.com - 3 months ago
Merus N.V. (MRUS) Expected to Beat Earnings Estimates: Can the Stock Move Higher? Merus (MRUS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 months ago
Merus Announces First Patient Dosed in LiGeR-HN2, a Phase 3 Trial Evaluating Petosemtamab in 2/3L r/m HNSCC Petosemtamab 1500 mg Q2W confirmed for both 2/3L phase 3 trial (LiGeR-HN2) and 1L trial (LiGeR-HN1) in r/m HNSCC following FDA feedback Petosemtamab 1500 mg Q2W confirmed for both 2/3L phase 3 trial (LiGeR-HN2) and 1L trial (LiGeR-HN1) in r/m HNSCC following FDA feedback globenewswire.com - 3 months ago
Merus' MCLA-129 Demonstrates Promising Single-Agent Efficiency in METex14 NSCLC in Poster Presentation at the 2024 ASCO® Annual Meeting UTRECHT, The Netherlands and CAMBRIDGE, Mass., June 03, 2024 (GLOBE NEWSWIRE) -- Merus N.V. (Nasdaq: MRUS) (Merus, the Company, we, or our), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics®), today announced the publication of a poster regarding MCLA-129 presented at the 2024 American Society of Clinical Oncology® (ASCO®) Annual Meeting taking place in Chicago May 31-June 4, 2024. globenewswire.com - 5 months ago
Merus Presents Interim Data on MCLA-145 Monotherapy and in Combination with Pembrolizumab at the 2024 ASCO® Annual Meeting UTRECHT, The Netherlands and CAMBRIDGE, Mass., June 02, 2024 (GLOBE NEWSWIRE) -- Merus N.V. (Nasdaq: MRUS) (Merus, the Company, we, or our), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics®), today announced updated interim clinical data on MCLA-145 monotherapy and in combination with pembrolizumab were presented at the 2024 American Society of Clinical Oncology® (ASCO®) Annual Meeting taking place in Chicago May 31-June 4, 2024. globenewswire.com - 5 months ago
8. Profile Summary

Merus N.V. MRUS

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COUNTRY NL
INDUSTRY Biotechnology
MARKET CAP $ 3.19 B
Dividend Yield 0.00%
Description Merus N.V., a clinical-stage immuno-oncology company, engages in the discovery and development of bispecific antibody therapeutics in the Netherlands. Its bispecific antibody candidate pipeline includes Zenocutuzumab (MCLA-128), which is in a phase 2 clinical trials for the treatment of patients with metastatic breast cancer, as well as in Phase 1/2 clinical trials for the treatment of solid tumors that harbor Neuregulin 1. The company is also developing MCLA-158, which is in a phase I clinical trial for the treatment of solid tumors; MCLA-145, which is in phase 1 clinical trials for the treatment of solid tumors; MCLA-129, which is in phase 1/2 clinical trials for the treatment of patients with advanced non-small cell lung cancer and other solid tumors; and ONO-4685 that is Phase 1 clinical trial to treat relapsed/refractory T cell lymphoma. In addition, it has collaboration agreement with Betta Pharmaceuticals Co. Ltd for the research and development of stage bispecific antibody candidates include MCLA-129; and collaboration with Incyte Corporation for the development of MCLA-145. The company was incorporated in 2003 and is headquartered in Utrecht, the Netherlands.
Contact Yalelaan 62, Utrecht, 3584 CM https://www.merus.nl
IPO Date May 19, 2016
Employees 172
Officers Mr. Gregory D. Perry Chief Financial Officer Dr. Hennie Hoogenboom Co-Founder and Scientific Advisor Harry Shuman Chief Accounting Officer Dr. Cecilia Anna Wilhelmina Geuijen Ph.D. Chief Scientific Officer & Senior Vice President Ms. Kathleen Farren IR & Corporate Communications Officer Ms. Shannon Campbell Executive Vice President & Chief Commercial Officer Mr. Peter B. Silverman J.D. EVice President, Company Secretary, Chief Operating Officer, General Counsel, Chief Intellectual Property Officer & Head of US Legal Dr. Sven Ante Lundberg M.D. Chief Executive Officer, President & Executive Director Mr. Cornelis Adriaan de Kruif Ph.D. Chief Technology Officer & Executive Vice President Mr. Alexander Berthold Hendrik Bakker Ph.D. Executive Vice President, Chief Development Officer & Head of Merus Utrecht