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MRTX

Mirati Therapeutics, Inc.

Healthcare

Set alert

Price alert · MRTX

All alert types
58.70 0.00 0.00%
As of Jan 22, 2024
58.54 Day range 58.99

52-week range unavailable

Open
58.86
Prev close
58.70
Mkt cap
4.12B
Vol
20.96M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.00%
More statistics
Low
58.54
High
58.99
Forward P/E
-7.01
Beta
0.77
Short ratio
2.88
Inst. own
117.76%
Dividend
0.00
Ex-div date
Earnings
Feb 27, 2024
50-d avg
57.93
200-d avg
45.92
1y target
64.50

2Y chart

Chart tools
Interval
MRTX two-year price chart27.351.776.1100.4124.8Jan 22Jun 22Nov 22Apr 23Aug 23Jan 24

Key statistics

Market cap
4.12B
Enterprise value
3.19B
Trailing P/E
0.00
Forward P/E
-7.01
PEG ratio
0.07
Price / sales
107.82
Price / book
4.35
EPS (TTM)
-12.18
Beta
0.77
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
0.00%
Revenue (TTM)
38.19M
Revenue growth
202.00%
Free cash flow
-313.81M
Total cash
978.52M
Total debt
50.22M
Return on equity
-69.95%
Shares outstanding
70.15M
Short % of float
7.53%
50-day average
57.93
200-day average
45.92

Analyst view

Consensus: hold

Hold
Price target (mean) 64.50 +9.9% upside
Target (low)
58.00
Target (mean)
64.50
Target (high)
82.00
Ratings (0m) 5 4 buy · 1 hold · 0 sell
  • Strong buy3
  • Buy1
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Feb 27, 2024

Expected Feb 27, 2024. Consensus EPS estimate -2.43.

Earnings history

Financials — quick view

All financials
MRTX Revenue — quarterly 16.40M
2019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 2023
MRTX Net income — quarterly -161.90M
2019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 2023
MRTX EPS — quarterly -2.49
2019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 2023

Earnings

MRTX recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 27, 2024Dec 1, 2023-2.61———
Nov 6, 2023Sep 1, 2023-2.92———
Aug 8, 2023Jun 1, 2023-3.23———
May 9, 2023Mar 1, 2023-3.47———
Feb 28, 2023Dec 1, 2022-3.74———
Nov 8, 2022Sep 1, 2022-3.46———

Upgrades / downgrades

MRTX analyst upgrades and downgrades
DateFirmActionFromTo
Oct 9, 2023Piper SandlerdownOverweightNeutral
Oct 8, 2023JMP SecuritiesdownMarket OutperformMarket Perform
Oct 8, 2023JefferiesdownBuyHold
Oct 8, 2023ScotiabankupSector UnderperformSector Perform
Oct 8, 2023B. Riley SecuritiesdownBuyNeutral
Oct 5, 2023JMP SecuritiesmainMarket OutperformMarket Outperform

About Mirati Therapeutics, Inc.

Mirati Therapeutics, Inc., a commercial-stage oncology company, develops novel therapeutics to address the genetic and immunological promoters of cancer in the United States. The company provides KRAZATI, an oral targeted treatment option for adult patients with KRAS G12C-mutated locally advanced or metastatic non-small cell lung (NSCLC), as well as in clinical development as a monotherapy and in combination with other agents. It also develops Sitravatinib, an investigational spectrum-selective kinase inhibitor in Phase 3 clinical development that inhibits receptor tyrosine kinases (RTKs), including TAM family receptors, split family receptors, and RET, which overcomes resistance to checkpoint inhibitor therapy through targeted reversal of an immunosuppressive tumor microenvironment that enhances antigen-specific T cell response and expanding dendritic cell-dependent antigen presentation. In addition, the company pipeline comprises the MRTX1719, an investigational synthetic lethal PRMT5 inhibitor designed to target the PRMT5/methylthioadensoine (MTA) complex and is in clinical development; MRTX0902, a selective SOS1 inhibitor that improves anti-tumor efficacy in combination with targeted mitogen-activated protein kinase (MAPK)-pathway inhibitors, and is in clinical development; and MRTX1133, an investigational lead KRAS G12D compound. It has a collaboration and license agreement with BeiGene, Ltd. to develop, manufacture, and commercialize sitravatinib; and Zai Lab Ltd. to research, develop, manufacture, and commercialize adagrasib in various indications. Mirati Therapeutics, Inc. was founded in 1995 and is headquartered in San Diego, California.

Sector
Healthcare
Industry
Biotechnology
Country
United States
Website
mirati.com

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Insider holders

MRTX insider holders
InsiderRelationLatest transactionDateShares held
BAUM CHARLES MChief Executive OfficerStock Award(Grant)Dec 28, 2023247,700
CARTER BRUCE L ADirectorStock Award(Grant)Dec 28, 202317,273
CHRISTENSEN JAMES GOfficerSaleJan 15, 2024155,927
DAVIS AARON IDirectorStock Award(Grant)Dec 28, 202354,325
GALLAGHER CAROL GILTNERDirectorStock Award(Grant)Dec 28, 202314,363
HASNAIN FAHEEMDirectorStock Award(Grant)Dec 28, 202324,752

Institution ownership

MRTX institution ownership
Holder% heldSharesValueReported
Avoro Capital Advisors LLC9.48%5,555,555200.72MJun 29, 2023
Vanguard Group Inc8.49%4,978,275179.87MJun 29, 2023
RTW Investments LP7.63%4,472,985161.61MJun 29, 2023
Armistice Capital, LLC6.79%3,978,000143.73MJun 29, 2023
Wellington Management Group, LLP5.78%3,388,365122.42MJun 29, 2023
Blackrock Inc.5.66%3,318,019119.88MJun 29, 2023

Fund ownership

MRTX fund ownership
Holder% heldSharesValueReported
Vanguard Specialized-Health Care Fund4.37%2,560,96077.52MJul 30, 2023
SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF3.15%1,845,57968.66MAug 30, 2023
Vanguard Total Stock Market Index Fund2.78%1,626,77558.78MJun 29, 2023
Vanguard Small-Cap Index Fund2.31%1,352,01348.85MJun 29, 2023
Price (T.Rowe) Health Sciences Fund1.38%806,08529.12MJun 29, 2023
Vanguard Small-Cap Growth Index Fund1.32%774,18327.97MJun 29, 2023
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