NASDAQ:MRSN

Mersana Therapeutics (MRSN) Stock Price, News & Analysis

$2.71
+0.25 (+10.16%)
(As of 05/10/2024 ET)
Today's Range
$2.47
$2.73
50-Day Range
$2.47
$5.85
52-Week Range
$0.80
$9.62
Volume
2.81 million shs
Average Volume
1.66 million shs
Market Capitalization
$328.72 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.29

Mersana Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
131.9% Upside
$6.29 Price Target
Short Interest
Bearish
9.00% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.69
Upright™ Environmental Score
News Sentiment
0.54mentions of Mersana Therapeutics in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.60) to ($0.67) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.10 out of 5 stars

Medical Sector

173rd out of 921 stocks

Pharmaceutical Preparations Industry

65th out of 428 stocks

MRSN stock logo

About Mersana Therapeutics Stock (NASDAQ:MRSN)

Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company, develops antibody drug conjugates (ADC) for cancer patients with unmet needs. The company develops XMT-1660, a B7-H4-targeted Dolasynthen ADC candidate; and XMT-2056, an immunosynthen ADC. It has research and development collaborations with Janssen Biotech, Inc., Ares Trading S.A., Merck KGaA, and Asana BioSciences, LLC for the development of ADC product candidates. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc. in November 2005. Mersana Therapeutics, Inc. was incorporated in 2001 and is headquartered in Cambridge, Massachusetts.

MRSN Stock Price History

MRSN Stock News Headlines

The Crypto 9-5 Escape Plan
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
The Crypto 9-5 Escape Plan
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
MRSN Mersana Therapeutics, Inc.
Mersana Therapeutics Inc MRSN
The Analyst Verdict: Mersana Therapeutics In The Eyes Of 5 Experts
Expert Outlook: Mersana Therapeutics Through The Eyes Of 5 Analysts
Q4 2023 Mersana Therapeutics Inc Earnings Call
See More Headlines
Receive MRSN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Mersana Therapeutics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/09/2024
Today
5/11/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:MRSN
Fax
N/A
Employees
123
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.29
High Stock Price Target
$9.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+131.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$-171,670,000.00
Net Margins
-465.80%
Pretax Margin
-465.80%

Debt

Sales & Book Value

Annual Sales
$36.85 million
Book Value
$0.31 per share

Miscellaneous

Free Float
106,140,000
Market Cap
$328.72 million
Optionable
Optionable
Beta
1.61
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

  • Dr. Martin H. Huber M.D. (Age 63)
    President, CEO & Director
    Comp: $44k
  • Mr. Brian C. DeSchuytner (Age 45)
    Senior VP, CFO & COO
    Comp: $626.32k
  • Dr. Timothy B. Lowinger Ph.D. (Age 60)
    Senior VP and Chief Science & Technology Officer
    Comp: $666.3k
  • Ms. Alejandra Veronica Carvajal J.D. (Age 50)
    Senior VP, Secretary & Chief Legal Officer
    Comp: $606.51k
  • Mr. Mikhail Papisov Ph.D.
    Co-Founder
  • Mr. Ashish  MandeliaMr. Ashish Mandelia (Age 49)
    VP, Controller & Chief Accounting Officer
  • Mr. Jason Fredette
    Senior Vice President of Investor Relations & Corporate Communications
  • Mr. Chuck Miller
    Senior Vice President of Regulatory Affairs
  • Mr. Marc Damelin
    Exe. Director and Head of Biology, Oncology, Antibody-Drug Conjugate ADC Discovery & Develop.
  • Dr. Tushar Misra Ph.D. (Age 63)
    Senior VP & Chief Manufacturing Officer
    Comp: $485.89k

MRSN Stock Analysis - Frequently Asked Questions

Should I buy or sell Mersana Therapeutics stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mersana Therapeutics in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MRSN shares.
View MRSN analyst ratings
or view top-rated stocks.

What is Mersana Therapeutics' stock price target for 2024?

7 brokerages have issued 1 year price targets for Mersana Therapeutics' stock. Their MRSN share price targets range from $5.00 to $9.00. On average, they anticipate the company's stock price to reach $6.29 in the next twelve months. This suggests a possible upside of 131.9% from the stock's current price.
View analysts price targets for MRSN
or view top-rated stocks among Wall Street analysts.

How have MRSN shares performed in 2024?

Mersana Therapeutics' stock was trading at $2.32 at the beginning of 2024. Since then, MRSN stock has increased by 16.8% and is now trading at $2.71.
View the best growth stocks for 2024 here
.

When is Mersana Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our MRSN earnings forecast
.

How were Mersana Therapeutics' earnings last quarter?

Mersana Therapeutics, Inc. (NASDAQ:MRSN) released its quarterly earnings data on Thursday, May, 9th. The company reported ($0.16) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.02. The business earned $9.25 million during the quarter, compared to analysts' expectations of $8.50 million. Mersana Therapeutics had a negative net margin of 352.01% and a negative trailing twelve-month return on equity of 226.07%. The company's revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.52) earnings per share.

What ETF holds Mersana Therapeutics' stock?

Tema Oncology ETF holds 19,465 shares of MRSN stock, representing 0.37% of its portfolio.

What is Anna Protopapas' approval rating as Mersana Therapeutics' CEO?

3 employees have rated Mersana Therapeutics Chief Executive Officer Anna Protopapas on Glassdoor.com. Anna Protopapas has an approval rating of 100% among the company's employees. This puts Anna Protopapas in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Mersana Therapeutics own?
When did Mersana Therapeutics IPO?

Mersana Therapeutics (MRSN) raised $75 million in an initial public offering (IPO) on Wednesday, June 28th 2017. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, Cowen and Leerink Partners acted as the underwriters for the IPO and Wedbush PacGrow was co-manager.

Who are Mersana Therapeutics' major shareholders?

Mersana Therapeutics' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.17%), ClariVest Asset Management LLC (0.39%), Acadian Asset Management LLC (0.39%), Susquehanna Fundamental Investments LLC (0.19%), BNP Paribas Financial Markets (0.07%) and Mirae Asset Global Investments Co. Ltd. (0.04%). Insiders that own company stock include Alejandra Carvajal, Andrew A F Hack, Anna Protopapas, Arvin Yang, Ashish Mandelia, Brian Deschuytner, Lawrence M Alleva, Mohan Bala, Timothy B Lowinger and Tushar Misra.
View institutional ownership trends
.

How do I buy shares of Mersana Therapeutics?

Shares of MRSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MRSN) was last updated on 5/11/2024 by MarketBeat.com Staff

From Our Partners