MeiraGTx Holdings PLC

Company Profile

MeiraGTx Holdings PLC had its IPO on 2018-06-08 under the ticker symbol MGTX.

The company operates in the Healthcare sector and Biotechnology industry. MeiraGTx Holdings PLC has a staff strength of 406 employees.

Stock update

Shares of MeiraGTx Holdings PLC opened at $6.15 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $5.66 - $6.15, and closed at $6.

This is a -2.28% slip from the previous day's closing price.

A total volume of 123,263 shares were traded at the close of the day’s session.

In the last one week, shares of MeiraGTx Holdings PLC have slipped by -5.81%.

MeiraGTx Holdings PLC's Key Ratios

MeiraGTx Holdings PLC has a market cap of $379.24 million, indicating a price to book ratio of 2.2204 and a price to sales ratio of 6.4573.

In the last 12-months MeiraGTx Holdings PLC’s revenue was $6.40 million with a gross profit of $15.92 million and an EBITDA of $-113549000. The EBITDA ratio measures MeiraGTx Holdings PLC's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, MeiraGTx Holdings PLC’s operating margin was -1943.27% while its return on assets stood at -27.64% with a return of equity of -93.82%.

In Q2, MeiraGTx Holdings PLC’s quarterly earnings growth was a positive 0% while revenue growth was a negative 67.1%.

MeiraGTx Holdings PLC’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-2.7 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MeiraGTx Holdings PLC’s profitability.

MeiraGTx Holdings PLC stock is trading at a EV to sales ratio of 5.9084 and a EV to EBITDA ratio of -2.4534. Its price to sales ratio in the trailing 12-months stood at 6.4573.

MeiraGTx Holdings PLC stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$310.26 million

Total Liabilities

$71.80 million

Operating Cash Flow

$-4975000.00

Capital Expenditure

$4.98 million

Dividend Payout Ratio

0%

MeiraGTx Holdings PLC ended 2024 with $310.26 million in total assets and $0 in total liabilities. Its intangible assets were valued at $310.26 million while shareholder equity stood at $123.53 million.

MeiraGTx Holdings PLC ended 2024 with $189000.00 in deferred long-term liabilities, $71.80 million in other current liabilities, 2000.00 in common stock, $-530149000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $92.77 million and cash and short-term investments were $92.77 million. The company’s total short-term debt was $4,126,000 while long-term debt stood at $71.57 million.

MeiraGTx Holdings PLC’s total current assets stands at $143.14 million while long-term investments were $6.33 million and short-term investments were $0. Its net receivables were $40.72 million compared to accounts payable of $28.50 million and inventory worth $8.11 million.

In 2024, MeiraGTx Holdings PLC's operating cash flow was $-4975000.00 while its capital expenditure stood at $4.98 million.

Comparatively, MeiraGTx Holdings PLC paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$6

52-Week High

$9.37

52-Week Low

$4.77

Analyst Target Price

$24

MeiraGTx Holdings PLC stock is currently trading at $6 per share. It touched a 52-week high of $9.37 and a 52-week low of $9.37. Analysts tracking the stock have a 12-month average target price of $24.

Its 50-day moving average was $6.28 and 200-day moving average was $6.51 The short ratio stood at 11.33 indicating a short percent outstanding of 0%.

Around 487.2% of the company’s stock are held by insiders while 6102.5% are held by institutions.