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Mirati Therapeutics, Inc. MRTX

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Price alert · MRTX

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58.70 0.00 0.00%

At close · Jan 22

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

Events in this range
  • Nov 8, 2022Earnings: —; estimate -3.46; surprise —%
  • Feb 28, 2023Earnings: —; estimate -3.74; surprise —%
  • May 9, 2023Earnings: —; estimate -3.47; surprise —%
  • Aug 8, 2023Earnings: —; estimate -3.23; surprise —%
  • Oct 5, 2023Rating: JMP Securities · Market Outperform → Market Outperform
  • Oct 9, 2023Downgrade: Piper Sandler · Overweight → Neutral
  • Nov 6, 2023Earnings: —; estimate -2.92; surprise —%
Signals (75)
NameDateAgo
RSI: OverboughtJan 12, 20242 years ago
RSI: OverboughtJan 5, 20242 years ago
MACD: Sell SignalJan 3, 20242 years ago
MACD: Buy SignalDec 19, 20232 years ago
RSI: OverboughtDec 19, 20232 years ago
MACD: Sell SignalOct 20, 20233 years ago
RSI: OverboughtOct 11, 20233 years ago
RSI: OverboughtOct 5, 20233 years ago
RSI: OverboughtSep 28, 20233 years ago
SMA: BullishSep 27, 20233 years ago
SMA: BearishSep 26, 20233 years ago
SMA: BullishSep 22, 20233 years ago
MACD: Buy SignalSep 22, 20233 years ago
SMA: BullishSep 21, 20233 years ago
SMA: BearishSep 11, 20233 years ago
MACD: Sell SignalAug 29, 20233 years ago
SMA: BullishAug 25, 20233 years ago
SMA: BearishAug 24, 20233 years ago
SMA: BullishAug 9, 20233 years ago
MACD: Buy SignalAug 9, 20233 years ago
RSI: OversoldAug 4, 20233 years ago
RSI: OversoldJul 21, 20233 years ago
MACD: Sell SignalJul 17, 20233 years ago
MACD: Buy SignalJun 22, 20233 years ago
RSI: OversoldMay 30, 20233 years ago
SMA: BearishMay 25, 20233 years ago
MACD: Sell SignalMay 18, 20233 years ago
RSI: OverboughtMay 12, 20233 years ago
SMA: BullishApr 21, 20233 years ago
SMA: BearishApr 20, 20233 years ago
SMA: BullishApr 19, 20233 years ago
MACD: Buy SignalApr 3, 20233 years ago
MACD: Sell SignalMar 22, 20233 years ago
MACD: Buy SignalMar 16, 20233 years ago
RSI: OversoldMar 10, 20233 years ago
SMA: BearishFeb 21, 20233 years ago
SMA: BullishFeb 15, 20233 years ago
MACD: Sell SignalFeb 13, 20233 years ago
SMA: BearishFeb 8, 20233 years ago
SMA: BullishFeb 7, 20233 years ago
MACD: Buy SignalDec 30, 20223 years ago
RSI: OversoldDec 20, 20223 years ago
RSI: OversoldDec 15, 20223 years ago
RSI: OversoldDec 8, 20223 years ago
SMA: BearishDec 6, 20223 years ago
SMA: BearishDec 6, 20223 years ago
MACD: Sell SignalDec 6, 20223 years ago
RSI: OverboughtNov 22, 20223 years ago
SMA: BullishNov 18, 20223 years ago
SMA: BearishNov 15, 20223 years ago
SMA: BullishNov 14, 20223 years ago
SMA: BullishNov 11, 20223 years ago
MACD: Buy SignalNov 10, 20223 years ago
MACD: Sell SignalNov 7, 20223 years ago
MACD: Buy SignalOct 26, 20224 years ago
MACD: Sell SignalOct 19, 20224 years ago
MACD: Buy SignalOct 13, 20224 years ago
SMA: BearishSep 21, 20224 years ago
MACD: Sell SignalSep 15, 20224 years ago
MACD: Buy SignalSep 9, 20224 years ago
MACD: Sell SignalAug 18, 20224 years ago
RSI: OverboughtAug 5, 20224 years ago
MACD: Buy SignalAug 2, 20224 years ago
MACD: Sell SignalJul 29, 20224 years ago
MACD: Buy SignalJul 22, 20224 years ago
MACD: Sell SignalJul 12, 20224 years ago
SMA: BullishJun 22, 20224 years ago
MACD: Buy SignalJun 7, 20224 years ago
MACD: Sell SignalMay 27, 20224 years ago
RSI: OversoldMay 27, 20224 years ago
MACD: Buy SignalMay 17, 20224 years ago
RSI: OversoldMay 3, 20224 years ago
RSI: OversoldApr 26, 20224 years ago
RSI: OversoldApr 22, 20224 years ago
MACD: Sell SignalApr 18, 20224 years ago

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

News

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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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